EMERGING NEWS 

Microsoft Teams with Elon Musk’s SpaceX to push Cloud Battle with Amazon Into Orbit

Amazon Web Services or AWS is one of the top players in the cloud market. It faces major competition from Microsoft, IBM, Google, and more, so it’s refreshing to see Microsoft work with a competitor. Microsoft is now teaming with Elon Musk’s spaceflight company SpaceX to develop new technology to keep humans safe when they travel to Mars. The partnership will allow Microsoft to use the innovative Mars-orbiting rocket system used by SpaceX. At the time, SpaceX and Musk were building their. Elon Musk, one of the most thoughtful tech…

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EMERGING NEWS 

Sweden bans Huawei, ZTE from 5G, Calls China Biggest Threat

The European Union has blocked the sale of major telecom equipment from Huawei and ZTE in the bloc due to “serious security concerns.” In the latest broadside at China, the EU executive said it was banning Huawei and ZTE from a swathe of sensitive telecommunications equipment that’s on the block because of “significant risks.” The products affected by the ban cover devices that can link offices, homes and public transport networks. One of Sweden’s top intelligence chiefs just took the US and the Chinese government to task in an epic…

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MARKET REPORTS 

Investors Downplaying Impact of DOJ Suit on Google: Gasparino

Fears of antitrust fines are pushing investors to the sidelines of Google’s stock, despite the search engine giant’s efforts to improve its search quality. Some investors have been skeptical of Google’s response to the government’s suit alleging that the company manipulated search results to drive traffic to its shopping and shopping comparison services, Bloomberg reported. The suit was filed with the U.S. Department of Justice in April 2018. The DOJ alleged that Google manipulated search Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares may be in the process of bottoming out.…

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EMERGING NEWS 

Zuckerberg: Facebook will Restrict Less Content After US Elections

Facebook’s chief executive said Wednesday that the company will try to limit the spread of “divisive content” after the U.S. presidential election in November, but stopped short of committing to new political ad rules. Executives from Alphabet Inc’s Google and Twitter testified at the House Energy and Commerce Committee on Russia’s alleged use of social media platforms to spread propaganda and false news stories in the 2016 U.S. election. Since the beginning of the year, Facebook has introduced a number of features to fight fake news, but the company still…

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EMERGING NEWS 

Facebook Co-Founder Helps Bankroll Silicon Valley anti-Trump ad Blitz

Facebook co-founder Chris Hughes has reportedly helped to bankroll a controversial $20 million anti-Trump ad blitz in the San Francisco Bay Area. The San Francisco Chronicle reports that Chris Hughes, Facebook’s first president, has contributed a million dollars to a political action committee dubbed “Americans for Jobs and a Strong Middle Class,” which is spending millions of dollars in the Bay Area alone in an effort to defeat Trump. With Facebook CEO Mark Zuckerberg at his side, venture capitalist Shervin Pishevar claims that he contributed some $10 million to a…

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Uncategorized 

Google Antitrust Lawsuit Will ‘Ensure Fair Competition’ in Big Tech: Florida Attorney General

WASHINGTON, Nov. 16 (Sputnik) – The lawsuit filed by US Attorney General Jeff Sessions Thursday against Alphabet’s Google for alleged antitrust violations will ensure fair competition in the search engine market, Florida Attorney General Pam Bondi said in a statement. “We need competition and marketplace transparency, and as Attorney General I will ensure that Google’s conduct under law is just and fair competition. I stand with the Department of Justice in our commitment to protecting Florida Attorney General Pam Bondi called Google’s antitrust lawsuit a “direct attack” on Google’s businesses,…

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Uncategorized 

SpaceX is Rapidly Growing Its Internet Satellite Business

These are exciting times for Elon Musk and SpaceX. A little over a year ago, the company made its first rocket launch since the September 1, 2016 explosion in Cape Canaveral. The successful launch proved that SpaceX could still fly, albeit with some damage. Yet more recently, this privately held company with ties to the military has grown considerably, and is only just getting started. SpaceX has only flown six launches thus far in 2018. While not yet a “true” success, each Just about six months after successfully landing the…

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MARKET REPORTS 

SoClean Launches Device to Disinfect Phones, Keys, Household Items

DES MOINES, Iowa — Winter is here and that means you might want to start using some extra energy keeping your house clean. Clean launch their next generation home device called Disinfection 3.0. “So what we really focus on with Disinfection 3.0 is the whole household disinfectant system. It is odorless, it doesn’t irritate your nose, it doesn’t irritate your eyes,” says Jordan Kuzma, co-founder. The idea behind the device is quite simple: using a few simple steps, people can clean and disinfect at home or office. Hong Kong (PRUnderground)…

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EMERGING NEWS 

Investor Sets Peloton Price Target at $150 Per Share

Peloton (PELT -2.5% ) trades lower after UBS analyst Eric Sheridan cuts his 12-month price target on the company from $170 to $150. He reiterates an Outperform rating and sets a 12-month price target of $170. Sheridan says much of the upside for Peloton comes from the potential for more subscribers in the coming quarters as the company wins market share. “For the near term, PELT bulls likely want to focus on the company’s Q1 guidance, which predicts a net subscriber addition of 400,000, Krissy Kelley said she bought a…

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EMERGING NEWS 

NSA Advisory Warns US Department of Defense About Chinese Government Hackers

It is imperative for the Department of Defense and the Department of Homeland Security to immediately make improvements to the security of their networks and data, and implement immediate corrective actions.” Despite the discovery of the suspected Chinese hacking group by Symantec, the two American government agencies have not offered any response. However, the New York Times points out that the American government is not alone in this regard as German and French intelligence agencies also Earlier in May, an NSA-sponsored paper, published by the Center for a New American…

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