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Computer & Technology

Here’s the Best Stock I Bought in 2020

Media-streaming technology specialist Roku (NASDAQ:ROKU) had been on my radar since it produced the first set-top box that could stream Netflix (NASDAQ:NFLX) content in 2008. The company entered the public stock market nearly 10 years after that. It still looked like a great idea in 2017. Global interest in video-streaming services exploded last year, but I never got around to pulling the trigger on buying Roku stock.

That changed in 2020 when the COVID-19 pandemic turned the entertainment industry inside out. Roku’s share prices fell for some ridiculous reason, and I finally picked up a few shares near the absolute market bottom in March 2020, in two separate transactions.

Almost exactly nine months later, my Roku holdings have posted a total return of 283%. You won’t find me cashing in those winnings anytime soon, by the way. I expect Roku to be a cornerstone of

Computer & Technology

Leading Technology Advisory Firm ISG Recognizes Unisys as Global Leader in Public Cloud Solutions and Services | News

3 months ago Jaime E. Love

BLUE BELL, Pa., Dec. 21, 2020 /PRNewswire/ — Unisys Corporation (NYSE: UIS) today announced that leading global technology research and advisory firm Information Services Group (ISG) has recognized the company as a leader in public-cloud solutions and services in its quadrant reports on the U.S., UK and Brazil.

The ISG Provider Lens™ “Public Cloud – Solutions and Services 2020” report, published in the fourth quarter, summarizes the relative capabilities of public-cloud services providers. Positioning of providers is based on quantitative data and comprises survey data collected directly from providers, ISG internal data and/or data obtained through secondary research.

ISG singles out the Unisys cloud managed-service offering for secure digital transformation and cloud operations as a key strength in service delivery in each quadrant report, stating: “CloudForte^® is at the core of its cloud services offering, providing a comprehensive delivery model that leverages automation, AI and best

Computer & Technology

Why Appian Stock Skyrocketed 324% in 2020

2 months ago Jaime E. Love

What happened

Shares of Appian (NASDAQ:APPN) spiked 324% last year, according to data provided by S&P Global Market Intelligence, as investors looked to technology stocks as a haven for their money during lockdowns and social distancing.

So what

Appian’s platform allows customers to easily and quickly build apps without having to know much about writing code. And as the pandemic forced companies to focus their attention on attracting and communicating with customers online, many companies turned to Appian to build their apps last year.

Several arrows pointing up on a dark blue background.

Image source: Getty Images.

The demand for an easy app-building service pushed up Appian’s cloud subscription revenue, which increased 40% in the third quarter. In turn, the company’s total revenue increased 17% in the quarter to $70.9 million, and adjusted earnings per share reached breakeven, outpacing Wall Street’s consensus estimate for a loss of $0.17 per share.

Appian’s growth in the third quarter,

Computer & Technology

Clean Up Your Portfolio: The CTEC Renewable Tech ETF

3 months ago Jaime E. Love

ETF investors may want to start cleaning up their portfolios ahead of the New Year, with a clean energy technology fund in the Global X CleanTech ETF (CTEC) being one bright idea.

CTEC seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index.

The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. Overall, the fund gives investors exposure to:

High Growth Potential: CTEC enables investors to access high growth potential through companies at

Computer & Technology

U.S. global media agency demanded outlets return money for internet freedom projects

7 months ago Jaime E. Love

The U.S. Agency for Global Media has asked three of its outlets to return more than $3 million they were allocated to help people in countries like China and Iran access impartial online news without their government’s knowledge, according to an agency official familiar with the matter.

The official said Middle East Broadcasting Networks, Radio Free Asia and Radio Free Europe, were told to return the so-called internet freedom money to USAGM. In Radio Free Asia’s case, that money was supposed to go to the Open Technology Fund, a digital rights non-profit financed by taxpayers.

It’s the latest example of how the Trump administration is trying to revamp the agency, which oversees taxpayer-funded media properties, and which the administration says has strayed too far from its mission of representing the U.S. abroad. New CEO Michael Pack has tried to dramatically reshape the agency by firing outlet heads and other senior

Computer & Technology

Steven Frumkin, Dean of FIT’s Jay and Patty Baker School of Business and Technology, Dies

8 months ago Jaime E. Love

Click here to read the full article.

Steven Frumkin, dean of the Jay and Patty Baker School of Business and Technology at the Fashion Institute of Technology, died Thursday in Miami. The cause was COVID-19.

“With Dean Frumkin’s passing, we have lost a most valuable member of our community,” said FIT’s president, Dr. Joyce F. Brown. “Through his leadership, he not only earned the trust, affection, and respect of faculty, staff, and students, but also shaped the future of his school.”

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Frumkin led the Baker School, FIT’s largest, for eight years since 2002. His appointment marked a return to FIT for Frumkin, who was an adjunct assistant professor in the colleges Textile Development and Marketing program from 1994 to 2000.

As dean, he was the force behind the accreditation of the majority of the school’s programs by the Accreditation Council for Business Schools and Programs,

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Here’s the Best Stock I Bought in 2020

Why Appian Stock Skyrocketed 324% in 2020

What happened

So what

Clean Up Your Portfolio: The CTEC Renewable Tech ETF

U.S. global media agency demanded outlets return money for internet freedom projects

Steven Frumkin, Dean of FIT’s Jay and Patty Baker School of Business and Technology, Dies

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