Fri, April 26, 2024

News

oil

Crude oil remains stuck in the same range

The West Texas Intermediate crude oil market rallied during Thursday’s trading session, bouncing higher from the 200-day exponential moving average. However, there is significant resistance, which suggests the possibility of some correction from here. To the upside, analysts see significant resistance at the $43.50 level as well as key support at the $36.25 level. Right …

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Facebook and new opportunities

Facebook’s Vanish Mode lets you send dissapearing messages

The social media giant continues to expand its services and by incorporating new features. Interestingly, Facebook’s latest take on a signature Snapchat feature is now available to users, and its name is Vanish Mode. It is worth noting that, Vanish Mode is an ephemeral messaging mode for both Facebook Messenger, as well as Instagram, which …

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Google Photos plus application icon.

Google Photos will stop offering free, unlimited storage

Google Photos is a photo-sharing and storage service developed by tech giant Apple. The service is popular around the world. However, Google Photos made a decision that could make the service less popular. It is worth mentioning that, after five years of offering unlimited free photo backups at “high quality”, the service will start charging …

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U.K. economy

U.K. Economy in the Third Quarter and Main Findings

The coronavirus pandemic remains one of the most discussed topics in the world for more than six months. Unfortunately, governmental as well as private organizations are struggling to cope with problems caused by the pandemic. Moreover, even the countries with the largest economies in the world suffered significant losses. It is worth noting that the …

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Tech giants, Alibaba’s affiliate Ant Group

China’s Tech Giants and Regulatory Concerns

Tech giants suffered losses as regulatory concerns continue to mount, and affected shares of China’s top technology giants. It is worth mentioning that, by the Wednesday market close in Hong Kong shares of Alibaba listed in the city dropped 9.8%. Moreover, the shares of Tencent fell 7.39%. Also, shares of smartphone maker Xioami dropped 8.18%, …

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Stocks and risk factors

Tough Day For the Hong-Kong Listed Shares of Tech Companies

It was a very interesting day for the stocks in Asia-Pacific. Importantly, stocks in the region were mixed on Wednesday, with tech shares in the region monitored after overnight declines for the sector in the U.S. Interestingly, shares of tech giants listed in Hong Kong saw significant losses. However, before discussing the shares of famous …

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The street that connects the Council of the EU to the European Commission.

European Commission vs. U.S. Tech Giant

Tech companies around the world have to deal with various scandals as well as lawsuits. According to the European Commission, Amazon is misusing the data it collects from third-party sellers on its platform. It is worth noting that,  Amazon is systematically using non-public marketplace seller data to unfairly compete with sellers in France and Germany. …

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