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Tag: Tech News Digest
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HMG Strategy Tech News Digest – Apr 9
Join Us Now Anticipating Huge Surge in IT Spending, Intel Offers New Tech for Server Chips Facing unprecedented demand for computer hardware and network infrastructure, chipmakers are vying for position in a supercharged market for new technology. “Intel Corp., the world’s largest chipmaker, said it’s offering a revamped version of its Xeon range,” writes Ian King…
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HMG Strategy Tech News Digest – Apr 2
Join Us Now Google Steps Up Pace of Reopening Offices One of the world’s largest tech firms has indicated that it will accelerate plans to reopen offices. “Google, one of the first major U.S. companies to send employees home last year because of the coronavirus, is setting new remote work guidelines as it speeds up…
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HMG Strategy Tech News Digest – Mar 26
Join Us Now Congress Grills Tech Titans as Lawmakers Consider Amending Rule Protecting Platforms from Lawsuits The CEOs of Google, Facebook and Twitter were questioned sharply by U.S. lawmakers yesterday in a five-hour hearing in Washington, D.C. Sundar Pichai of Google, Mark Zuckerberg of Facebook and Jack Dorsey of Twitter faced questions about the extent…
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Google Announces Major Spending Plans for Data Centers and Office Space
Join Us Now Even as the work-from-home trend continues, a major tech firm is planning to expands its physical footprint as the pandemic subsides. “Google says it plans to spend more than $7 billion on real estate across the U.S. in 2021 as it resumes spending in the wake of the Covid-19 pandemic,” writes Jennifer Elias…
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HMG Strategy Tech News Digest – Mar 12
Join Us Now Video Gaming Industry Continues to Surge; Roblox Valued at $45 Billion Video gaming companies have been on a roll for the past year, due largely to the impact of the global pandemic. The surge has not escaped the attention of investors. “On Wednesday, the pandemic’s booming effect on gaming was even more…
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HMG Strategy Tech News Digest – Mar 5
Join Us Now Okta to Acquire Competitor for $6.5 Billion Acquisitions and mergers are transforming the cloud service industry, which has been dominated by tech titans such as Amazon, Google and Microsoft and Salesforce. “Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire…
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HMG Strategy Tech News Digest – Feb 26
Join Us Now Nvidia Beats Earnings and Revenues Expectations Nvidia, a global leader in graphics-based computing, exceeded analyst projections, despite uncertainties over inventory. Demand for graphics processing units (GPUs) and related products has soared during the pandemic. “Nvidia beat elevated analyst expectations for both earnings and revenue for the fourth quarter of its fiscal year, which…
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HMG Strategy Tech News Digest – Feb 19
Join Us Now Power Outages Reveal Vulnerabilities in Electric Grid Infrastructure As corporate technology leaders, we tend to focus mostly on digital information systems, data networks and data analytics. But the widespread power outages in Texas and in parts of the southern U.S. have reminded us of our reliance on outdated energy grids to distribute…
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HMG Strategy Tech News Digest – Feb 12th
Join Us Now Chip Shortage Slows Production Across Multiple Industries The shortage of semiconductors is now hurting industries across several sectors of the global economy, according to reports. “A chip shortage that started as consumers stocked up on personal computers and other electronics during the Covid-19 pandemic now threatens to snarl car production around the…
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HMG Strategy Tech News Digest – Feb 5th
Join Us Now Peloton Exceeds Expectations, Faces Supply Chain Delays Peloton is among the fast-moving stocks making a big difference in today’s upbeat market outlook. Trending stocks include Snap, Alibaba, Regeneron, Cardinal Health, Johnson & Johnson, and Ford. “Peloton doubled consensus estimates in reporting quarterly profit of 18 cents per share, and the fitness equipment maker’s revenue came in above estimates as well. Peloton…