Mukesh Ambani’s daughter Isha Ambani set to be named chair of Reliance Retail; signaling succession plans

Isha Ambani is set to be named chairman of the Reliance conglomerate’s retail unit in another sign that her father, Indian billionaire Mukesh Ambani, is pushing ahead with a plan for succession in one of Asia’s richest families. An announcement of Isha Ambani’s elevation could come as early as Wednesday, according to people with knowledge … Read more

Google memo to employees on Roe v. Wade overturn

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected … Read more

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $ 10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made toward that goal by revealing many of … Read more

Facebook will start trading under ‘META’ on June 9

The Meta Platforms Inc. pavilion on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Monday, May 23, 2022. Jason Alden | Bloomberg | Getty Images Meta is about to shed the last of its old corporate name. The Facebook-parent company announced Tuesday that it will change its stock ticker symbol … Read more

Goldman Sachs’ top tech stock picks to weather market volatility

Goldman Sachs has named four “compelling” buying opportunities in tech after a mixed bag of first-quarter earnings. The stocks offer solid topline growth and are more likely to prevail amid the current market volatility, the bank said. After years of market-beating returns, tech stocks have endured a massive sell-off this year. The sector has borne … Read more

Snowflake (SNOW) earnings Q1 2023

Snowflake shares fell as much as 16% in extended trading on Wednesday after the data analytics software maker disappointed analysts by saying it does not expect a positive adjusted operating margin for the current quarter. Here’s how the company did: Earnings: Loss of 53 cents per share Revenue: $ 422.4 million, vs. $ 412.8 million … Read more