Computer & Technology

Why PubMatic Stock Plunged Almost 24% in March

What happened

Shares of advertising-technology company PubMatic (NASDAQ:PUBM) fell 23.9% in March, according to data provided by S&P Global Market Intelligence. The entire drop came early in the month, when Alphabet‘s Google made an announcement that sent shockwaves throughout the entire ad-tech industry. However, PubMatic started April with an important announcement of its own that helped it rebound.

So what

Google is eliminating third-party browser cookies, something that ad-tech companies use to deliver targeted advertising for their clients. Ad-tech stocks like The Trade Desk, Magnite, and PubMatic plummeted on the news, as investors presume this is categorically bad news for the industry. However, executives at these companies (notably Jeff Green, CEO of The Trade Desk) have downplayed the risk and some even believe it’s good news in the long run. Then again, you’d expect them to say that.

A falling red arrow crashes down through a floor as a businessman looks on.

Image source: Getty Images.

However,

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China’s Huawei Says 2020 Sales Rose Despite US Sanctions | Business News

By JOE McDONALD, AP Business Writer

BEIJING (AP) — Chinese tech giant Huawei said Wednesday it eked out higher sales and profit last year but growth plunged after its smartphone unit was hammered by U.S. sanctions imposed in a fight with Beijing over technology and security.

China’s first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 to 891.4 billion yuan ($135.8 billion), a decline from the previous year’s 19.1% growth. That was propelled by a 15.4% gain in China, while sales in other markets shrank.

Huawei Technologies Ltd. is struggling to keep its global markets after then-President Donald Trump in 2019 cut off access to U.S. processor chips and other technology. Huawei was the top-selling smartphone brand in the second quarter of 2020 but fell out of the global top five after losing Google’s music and other popular services.

“We think this

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Echo Global Logistics Named to Food Logistics’ 2020 Top 3PL & Cold Storage Providers List | State

CHICAGO, March 29, 2021 /PRNewswire/ — Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named to the 2020 Top 3PL & Cold Storage Providers list by Food Logistics, the industry’s only publication dedicated to food and beverage supply chains. This is the fourth year Echo has earned this recognition, which highlights leading third-party logistics and cold storage providers in the food and beverage industry.

“We are pleased to once again be included in Food Logistics’ Top 3PL & Cold Storage Providers list,” said Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer at Echo. “Our extensive experience in managing transportation for food and beverage clients has given us a deep understanding of the cold chain. We know that factors like temperature and timing are critical when shipping goods for the food and beverage sector, so we leverage

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Laser Technology Market Emerging Technologies, Industry Demand, CAGR Status, Global Competitors and Future Scope

The MarketWatch News Department was not involved in the creation of this content.

Mar 22, 2021 (The Expresswire) —
The global laser technology market size is expected to reach USD 15.99 billion by 2027, exhibiting a CAGR of 4.5% during the forecast period. The increasing integration of laser technologies in semiconductor optoelectronic devices such as LDs and LEDs, and ultrashort pulse laser will have a tremendous impact on the market, states Fortune Business Insights, in a report, titled “Laser TechnologyMarket Share, Size and COVID-19 Impact Analysis, By Laser Type (Solid State Laser, Liquid Laser, Gas Laser, and Others), By Application (Optical Communication, Laser Processing, and Others), By Industry (IT and Telecom, Electronics and Semiconductor, Healthcare, Manufacturing, Automotive, Aerospace and Defense, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 11.30 billion in 2019.

Request Sample PDF Brochure:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/laser-technology-market-104483

The occurrence of coronavirus has exerted massive

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Defense Industry Supplier i3 Microsystems Places Repeat Order for ClassOne’s Solstice Electroplating System

KALISPELL, Mont., March 24, 2021 /PRNewswire/ — ClassOne Technology, global provider of advanced semiconductor plating tools, announced the sale of a second Solstice® S8 system to i3 Microsystems (i3M), a wholly-owned subsidiary of defense industry supplier i3 Electronics headquartered in Binghamton, NY. The eight-chambered Solstice S8 configuration includes ClassOne’s proprietary CopperMax™ chamber for advanced copper plating. The announcement was made jointly by ClassOne CEO, Byron Exarcos, and i3 VP/General Manager, Robert Nead.

“We brought in the first Solstice S8 to replace our wet benches and automate our plating processes,” said Nead. “And the tool’s high performance and flexibility have served us extremely well. With eight chambers, the Solstice is able to handle both plating and surface preparation processes. We’re now adding solvent strip and UBM etch capabilities to our first Solstice, and we are configuring our second Solstice to match. Bottom line, we’ve been very pleased with the Solstice and

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The NPD Group Names New Leaders to Global Technology Next Generation Platform Development Team

Global information and advisory services company The NPD Group today announced several additions to its Next Generation Platform Development Team, part of its Global Technology organization.

PORT WASHINGTON, N.Y. (PRWEB) March 22, 2021

Global information and advisory services company The NPD Group today announced several additions to its Next Generation Platform Development Team, part of its Global Technology organization. A leader in the collection, processing, and delivery of point-of-sale and consumer tracking data in more than 20 industries, NPD is driving continued innovation with new technology to make information more actionable and accessible for businesses looking to understand evolving consumer behavior and the shifting retail landscape.

Chris Layer has been named Vice President, Platforms and Networking. Layer will lead NPD’s Infrastructure Technology teams in developing DevOps and ITIL capabilities, as well as the implementation of NPD’s next-generation data platform in the cloud. He was formerly with Wolters Kluwer, where he

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