Home Topics Wedbush Securities

Wedbush Securities

TikTok

Microsoft in talks to acquire TikTok

Microsoft is in talks to acquire TikTok, the immensely popular social media app known for its fun short-form videos, in a move that could prevent the Trump administration from banning it from the US, according to reports.

Microsoft sees growth amidst coronavirus pandemic computing demands

“We are seeing businesses accelerate the digitization of every part of their operations from manufacturing to sales to customer service,” Nadella told a conference call.
Microsoft is offering hackers up to $100,000 if they can break the security of the company’s custom Linux OS. The software giant built a compact and custom version of Linux last year for its Azure Sphere OS.

Microsoft sees growth amid pandemic computing demands

Microsoft on Wednesday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations.
Apple News

Apple News hits 100 million users

Apple News has racked up more than 100 million active users, the Silicon Valley giant revealed Wednesday as it works to get its news subscription service off the ground.
Google employees are holding a sit-in at offices around the world to protest alleged retaliation against workers.

Google enters battle for cloud gaming market

Ever-expanding Google becomes a gaming company Tuesday with the launch of its Stadia cloud service that lets people play console-quality video games on a web browser or smartphone.

Microsoft wins $10 billion Pentagon cloud contract

Microsoft has won the sought-after JEDI cloud computing contract with the Pentagon valued at as much as $10 billion (€9 billion) over a decade, dealing a blow to the market leader, Amazon, which had been the front-runner.

Uber set to list stocks at $45 per share amidst drivers’ protests

Uber is set for its Wall Street debut Friday with a massive share offering that is a milestone for the ride-hailing industry and the so-called “sharing economy,” but which comes with simmering concerns about its business model.

Amazon posts largest profit in its history on sales, tax boost

Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.

Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Recent Stories

The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Governor Osagie: We do not stuff dollars in babaringa in Edo

The Special Adviser to the Edo State Governor on Media and Communication Strategy, Mr. Crusoe Osagie, has said Governor Godwin Obaseki delivers sustainable projects to better the lives of Edo people and does not go about stuffing dollars in babariga, like the Kano State Governor, Abdullahi Ganduje.

Kaduna attacks: Senator Shehu Sani urges concerted efforts by government, security agencies

Malam Shehu Sani, who represented Kaduna Central in the Senate from 2015 to 2019, has called on the Kaduna state government and security agencies to seek out better strategies toward ending killings in the state.
Governor David Nweze Umahi

Ebonyi governor urges President Buhari to increase Nigerian Army funds

Governor David Umahi of Ebonyi State, Friday, called on President Muhammadu Buhari to increase funding and logistics to the Nigeria Army, rather than contemplating sacking the Service Chiefs.
A security officer wearing a face mask to protect against the coronavirus stands outside the Canadian Embassy in Beijing, China on Aug. 6, 2020. Mark Schiefelbein-AP

Canadian sentenced to death on drug charges in China

China sentenced another Canadian to death on drugs charges Friday, the second in two days to be handed the punishment, as tensions soar between Beijing and Ottawa.
Fifteen passengers and a pilot have been reported dead after an Air India Express flight skidded off the runway at Calicut international airport in Kerala.

Many feared dead as Indian plane crashes

Fifteen passengers and a pilot have been reported dead after an Air India Express flight skidded off the runway at Calicut international airport in Kerala.