CFOTrends

Cantor Fitzgerald Initiates Coverage of Zoom, Slack With Bullish Outlook

Financial services firm Cantor Fitzgerald has initiated coverage of Zoom and Slack, giving both an Overweight rating....

Facebook Financials ‘Adversely Affected’ By Coronavirus

Facebook is warning that its business is being “adversely affected” by the coronavirus pandem...

Waves of Job Losses For 2.2 Million Startup Employees, Says VC Group

According to a report on CNBC, startups may not get government money from the coronavirus relief bill if they have already taken venture capital or private...

Apple Will Miss Quarterly Guidance Because of Coronavirus

Apple has informed investors it will miss its quarterly guidance as a result of the coronavirus, COVID-19....

Google Cloud Reorganizing, Eliminating Roles

Google Cloud is undergoing a reorganization and is eliminating some roles as it works to better compete with its rivals....

T-Mobile Posts Another Record Quarter

T-Mobile released its quarterly earnings report Thursday and, once again, turned in...

Facebook Stock Takes a Beating Amid Legal Settlements

Facebook released its quarterly results Wednesday and it was not good news for investors, according to...

Google To Stop Using Irish And Dutch Tax Loopholes

According to Reuter...

Dell Turning to AMD Amid Intel Chip Shortage

Yahoo is reporting th...

IBM & Bank of America Working On World’s First Financial Services-Ready Cloud

IBM has announced it...

Trump Administration May Blacklist Chinese Companies That Steal Intellectual Property

The Trump administration has been involved in a protracted and costly trade war with China. Among the casualties have been telecommunications companies such as Huawei and ZTE, both...

Intel Just Had Its Best Quarter In History, Says CEO

“It was the best quarter in the company’s 51-year history,” says Intel CEO Bob Swan. “Everything wa...

Facebook Considering Currency-Backed Stablecoins For Libra

Following the departure of several major backers of Facebook’s Libra cryptocurrency,...

‘Strategic Leadership’ Leads to a 66% Raise for Microsoft’s Nadella

In its proxy statement, Microsoft announced a significant raise for...

FCC Approves T-Mobile and Sprint Merger But Opposition Remains

CNBC is reporting that the Federal Communications Commission (FCC) has voted to appro...

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