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Enterprise Application NewsOct 20, 2020
DOJ's antitrust fight with Google: how we got here
The US Department of Justice (DOJ) wants to break Google's iron grip on search and search advertising. But if that's the end game of the antitrust lawsuit unveiled today, don't expect the government (or Google-haters) to get what they want.

For years now, the Justice Departments and 11 Republican-led states have been working to knock Google off its pedestal as the leading search engine. And now, Deputy Attorney General Jeffrey Rosen is alleging that Google violated Section 2 of the Sherman Act. This follows a 2019 investigation into "market-leading platforms" and their competitive practices. Those of you with long technology memories may recall that the last important time the Sherman Act was used against a company was in 1998 when the DOJ used it on Microsoft.

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Yahoo BusinessOct 20, 2020
AMD: Expect a "Beat and Raise" in Q3 Earnings, Says Top Analyst
COVID-19 has had ruinous consequences for many companies, but you'd be hard pressed to find any negative impact on perennial winner Advanced Micro Devices (AMD). The chip maker has swatted away the pandemic and has continued the market trouncing performance it set off on some half a decade ago.Heading into next week's earnings (October 27, AMC), in possession of a year-to-date share gain of 78%, RBC analyst Mitch Steves pounds the table for more AMD upside.The 5-star analyst anticipates a "beat and raise" and, as such, lifts his price target from $84 to $92. This figure implies additional upside of 13% over the following months. Needless to say, Steves' rating stays an Outperform (i.e. Buy). (To watch Steves' track record, click here)So, what's behind the target increase?Steves explained, "Our checks remain positive and we anticipate: 1) upside to gaming numbers due to higher than expected demand, 2) upside on PC CPUs as well given the continued strength from WFH initiatives - we also think AMD is continuing to gain share against Intel and 3) the steady share gains on the server side should continue and the firm should reach low-mid teens share (up from 10%) in the next 2-3 quarters."Steves also addresses the recent rumored takeover of semiconductor peer Xilinx. Investors' initial negative reaction to the estimated $30 billion deal was based on the fear the purchase amounts to a "defensive minded transaction." Steves believes the noise surrounding the acqusition means "the focus has shifted away from AMD's curren

NYTimes BusinessOct 20, 2020
As McConnell advises White House against pre-election stimulus deal, Pelosi and Mnuchin make headway in talks.
"Hopefully, by the end of the day today, we'll know where we all are," Speaker Nancy Pelosi said in a television interview.

RELATED ARTICLES
Pelosi, Mnuchin Move Closer to Stimulus Deal Amid Senate Doubts (Yahoo Business)

USA Today MoneyOct 20, 2020
Walmart, Lowe's have announced Black Friday plans: Here's how the holiday shopping season is different amid COVID-19
Black Friday sales and holiday shopping are starting earlier and running longer. Stores have begun to share their plans on deals they are offering.       

Google Business NewsOct 20, 2020
Early votes in Texas surpass all the statewide ballots cast for Trump in 2016 - Business Insider - Business Insider
Early votes in Texas surpass all the statewide ballots cast for Trump in 2016 - Business Insider  Business InsiderEarly ballot tabulation begins Tuesday in Maricopa County  ABC15 ArizonaEarly voting numbers are breaking records. Here's what we don't know yet  CNNI've voted in 71 elections. It's my right — and my duty.  Detroit Free PressEarly-voting numbers: U.S. on pace for record early turnout  Washington Post

USA Today MoneyOct 20, 2020
Walmart's Black Friday 2020 deals are about to kick off: Here's what you need to know
Walmart Black Friday 2020 is nearly upon us and we've got the lowdown on the store's upcoming sales—learn more about the deals to come.      

RELATED ARTICLES
The Conversation: Here's how the Supreme Court can protect its reputation amid political partisanship (MarketWatch)

Google Business NewsOct 20, 2020
Here's why Netflix shares are off after reporting earnings - Yahoo Tech
Here's why Netflix shares are off after reporting earnings  Yahoo TechNetflix misses on subscriber additions and EPS  CNBCNetflix Misses Subscriber And Earnings Forecasts In Q3 Setback  DeadlineNetflix earnings: Shares tumble after subscriber additions, guidance miss estimates  Yahoo Finance

Google Business NewsOct 20, 2020
Big Ten Mayors sign open letter for more COVID-19 precautions during football games - KOLN
Big Ten Mayors sign open letter for more COVID-19 precautions during football games  KOLNBig Ten preview: Where does the conference fit in the CFP picture? Can anyone challenge Ohio State?  Yahoo SportsDoes Michigan football really have the best LB corps in the Big Ten, nation?  Detroit Free PressAround the Big Ten: Penn State star RB could miss season  MLive.com
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