Major news broke this week as Google announced it was restructuring under a new parent company, Alphabet Inc. The move is expected to shape the way the tech giant handles future investments and how it does business.
U.S. stock markets are soaring today, with the S&P 500 hitting an all-time high. Analysts attribute the growth to optimism over existing government stimulus and increased investment in the tech sector.
Major tech companies have partnered to create the new OpenJS Foundation, a group dedicated to open source development and collaboration. This organization will improve ecosystems for long-term sustainability of projects.
Nike’s sales of footwear and apparel for at-home exercise soared in the second quarter of this year. Digital sales grew more than 80%, and operating income hit $1 billion, a 64% jump from last year. It looks like a bright future for Nike – both literally and figuratively.