GOOG jumps on layoffs affecting 6% of search giant’s workforce
Alphabet will lay off about 12,000 employees. GOOG stock has benefited from the news on Friday. Alphabet will focus on AI technolgy. $102 is the next price target for GOOG bulls. Alphabet (GOOG) stock advanced 3.7% to $97.40 on Friday after the paid search and online advertising behemoth announced 12,000 job cuts. Recent data suggests Alphabet, […]
BaFin Alerts on Trojan Virus Affecting Crypto Apps
Germany’s Federal Financial Supervisory Authority (BaFin) has urged consumers to beware of ‘Godfather’, a trojan virus that attacks Android-based banking and cryptocurrency apps. The regulatory authority announced on Monday that the trojan virus currently “records user input from banking and crypto apps.” BaFin in a statement noted that the malware has attacked about 400 banking […]