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Big Tech wants your financial life on its apps. Banks, payment companies, and regulators are fighting back...
Continue ReadingByron Allen makes $14B offer for Paramount Global. Tesla CEO Elon Musk's $55B pay package voided by judge. Walmart to implement a 3-for-1 stock split...
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Google CEO Sudar Pichai said that the company's Google One cloud storage service is " just about to cross" 100 million subscribers. Speaking during Alphabet's Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first launched Google One in 2018. Since then the product has evolved and has extra perks including Google Photos editing features such as magic eraser, portrait light and portrait blur, color pop, and...
Continue Reading2023 was a busy and productive year for Longleaf Partners Fund. We initiated 8 new positions and added to 2 discounted existing holdings. Click here to read more...
Continue Reading(Bloomberg) -- Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Slide in Late Tra...
Continue ReadingAlthough the revenue and EPS for Microsoft (MSFT) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers...
Continue ReadingGoogle CEO Sundar Pichai said that YouTube is delivering the lion's share of subscriptions growth, thanks to a mix of paid services that includes live television, music, ad-free online content, and live sports...
Continue Reading(Bloomberg) -- Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products — are finding that investor expectations for the technology are hard to meet.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Sl...
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