DXC Technology ends incentive pact with state as hopes for 2,000 New Orleans tech jobs fades | Business News

nikholas

Five years ago, state and local elected officials announced with fanfare that tech giant DXC Technology was opening a “digital transformation center” in downtown New Orleans, promising 2,000 jobs in what Gov. John Bel Edwards at the time billed as the state’s largest-ever tech-focused economic development project. 

But now, DXC appears to be scaling back those ambitions. Records show that as of last year, the Virginia-based company had hired just 300 local workers. The company is only occupying three of the 10 floors it leased in the granite Poydras Street skyscraper that bears its name, and is actively seeking to

  Read more

Selling your old smartphone | News

nikholas

Apple commenced transport pre-orders of the Apple iphone 14 final 7 days. Google is anticipated to unveil a new Pixel cellphone next thirty day period and SAMSUNG must have an additional new device coming out at the starting of the calendar year. If you’re presently looking at the previous machine you have now and wondering of upgrading, you need to know that depending on in which you go, the variation in what you can get for the older gadget can be hundreds of pounds.

Curious as to the possibilities, I as opposed price ranges at a amount of sites to

  Read more

Senate panel approves bill to give news organizations more power against tech platforms

nikholas

A 3D printed Facebook’s new rebrand emblem Meta is observed in entrance of shown Google emblem in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph

Register now for Absolutely free endless access to Reuters.com

WASHINGTON, Sept 22 (Reuters) – The U.S. Senate Judiciary Committee voted Thursday to approve a invoice aimed at permitting news companies to band with each other to negotiate with Alphabet Inc’s (GOOGL.O) Google and Meta’s (META.O) Fb and acquire extra earnings.

The bill handed the committee by a vote of 15 to 7, according to a congressional aide. It must now go

  Read more

Lead discusses short-term rental application fees, approves monitoring software contract | Local News

nikholas

LEAD — As the city of Lead gets ready to monitor active short-term rentals within city limits, commissioners have started the conversation about how much the city will charge property owners in application fees.

Earlier this year city officials passed a resolution that requires short-term rental owners to fill out an application with the city in order to operate. At that time the city agreed to give property owners a 90-day grace period to register their businesses for free. So far, city officials say only 22 of the anticipated 100 or more short-term rental owners, have complied with the application

  Read more

Tech News Today for Financial Advisors: Google Splits, IBM Reports

nikholas

This year Silicon Valley has certainly lost its groove. Many of the growth companies have suffered massive drops in their stock prices. The industry has also seen an uptick in layoffs.  

By bringing down the stock prices, splits like Google’s on Monday, may generate more interest from retail investors.


Photo Illustration by Barron’s Advisor; Dreamstime (2)

But maybe things have become too negative? During the past few weeks, tech has pulled off a decent rally. Even the beleaguered
(ARKK) has posted a 13% gain since the start of July.

It’s impossible to tell if this will last. Second quarter earnings,

  Read more

Tech company earnings reports expected to bring a flush of bad news | Technology sector

nikholas

As top tech companies prepare to release their quarterly earnings reports starting next week, investors are bracing for bad news.

Several US tech companies have announced hiring slowdowns and layoffs in recent weeks, and the difficulties are expected to continue. “It’s not a great time for tech in general,” said Paul Verna, an analyst at Insider Intelligence, a market analysis firm. “There is no question that companies are going to be spending less, cutting back budgets, and maybe implementing hiring freezes. None of that is good news for the next quarter.”

Netflix, Meta, Google, Twitter and Tesla all have earnings

  Read more