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Tag: Tech News Digest
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HMG Strategy Market Update and Tech News Digest
Join Us Now Russian Ransomware Gang Goes Off-Line The mystery over a prominent gang of Russian hackers deepened this week. “Just days after President Biden demanded that President Vladimir V. Putin of Russia shut down ransomware groups attacking American targets, the most aggressive of the groups suddenly went off-line early Tuesday,” writes David E. Sanger of…
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HMG Strategy Market Update and Tech News Digest
Join Us Now Facebook’s Victory May Be Temporary Facebook has scored a momentary victory, but I don’t believe the social network will emerge unscathed from the mounting challenges it faces. “Facebook’s Mark Zuckerberg may be breathing a sigh of relief thanks to a federal judge’s decision to dismiss two antitrust suits against the social media giant. But…
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HMG Strategy Market Update and Tech News Digest
Join Us Now Legendary VC Firm Launches Multibillion-Dollar Crypto Fund One of Silicon Valley’s most famous venture capital firms is diving deep into cryptocurrency. Some predict that the move will be a game changer, with lasting impact on global markets. “Andreessen Horowitz is launching a multibillion-dollar fund to invest in a volatile ecosystem it’s betting…
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HMG Strategy Market Update and Tech News Digest
Join Us Now Senate Approves Vast Bill to Boost Tech and Science In a bipartisan vote, the U.S. Senate has taken a dramatic step to bolster U.S. technology and make the nation more competitive in strategic global markets. “The Senate voted on Tuesday to adopt an approximately $250 billion bill to counter China’s growing economic…
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HMG Strategy Market Update and Tech News Digest
Join Us Now Jobs Report Raises Inflation Risks Employment and wages are rising, leading some analysts to worry about inflationary risks and an eventual slowing down of the economic recovery. “Hiring accelerated in May, with the government reporting on Friday that employers added 559,000workers, about twice the previous month’s gains. The unemployment rate fell to 5.8percent, the…
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HMG Strategy Market Update and Tech News Digest – May 21
Join Us Now Colonial Pipeline CEO Confirms Ransom Payment The Colonial Pipeline story keeps getting stranger. The company’s CEO has acknowledged paying a ransom demanded by a gang of cyber criminals, although it’s not entirely clear which of the company’s systems were targeted by the gang. “Colonial Pipeline CEO Joseph Blount has confirmed that his…
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HMG Strategy Market Update and Tech News Digest – May 7
Join Us Now Google Shifts Gears and Will Allow Remote Work Google is modifying its stance on remote work, and increasing options for its global workforce, according to a CNN Business report. “The company’s workers around the world can continue working remotely until September, after which they can choose between coming back to their pre-pandemic…
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HMG Strategy Market Update and Tech News Digest – Apr 30
Join Us Now Strong Tech Earnings Dominate Market News Once again, financial markets are reacting strongly to positive news from global tech titans, demonstrating the ripple effects of continuous technology innovation and leadership. “Apple said that sales jumped 54% during the quarter, with each product category seeing double-digit growth. The company also said it would increase its…
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HMG Strategy Tech News Digest – Apr 23
Join Us Now UiPath Shares Surge After Strong IPO Shares in UiPath, a leader in enterprise automation software, surged after its IPO earlier this week. Some analysts attributed the company’s strong debut to shifting investor sentiment. “If underwriters buy their allotted shares, UiPath’s offering will be the third-biggest ever for a U.S. software company, behind only…
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HMG Strategy Tech News Digest – Apr 16
Join Us Now Coinbase Trades on NASDAQ – Shares Surge at Opening It just got a little easier to invest in cryptocurrency. Coinbase is now trading on the NASDAQ, and investors seem comfortable with the idea of mixing dollars and cryptocurrency. “It’s one of the easiest ways to go from the dollar to cryptocurrency, and…
