Language Selection

English French German Italian Portuguese Spanish

Google shares take a dive

Filed under
Google

Since its dramatic IPO in August 2004, stock analysts have been asking Google executives to give them more guidance about the company's business prospects.

Now, they say, the Internet search giant may be paying a price for being so tight-lipped.

Investors drove Google's stock down nearly 14 percent Tuesday morning, after Chief Financial Officer George Reyes warned that ``clearly our growth rates are slowing, and you see that each and every quarter.'' Reyes made his comments at a Merrill Lynch investor conference in New York.

Reyes' remarks, combined with news of a weakening housing market, a decline in consumer confidence and disappointing reports of economic and manufacturing activity, led to declines of around 1 percent in both the Nasdaq composite index and the Dow Jones industrial average.

By the end of the day, however, many analysts were saying that the market had overreacted to the news from Google.

Full Story.

More in Tux Machines

An update on GnuPG

The GNU Privacy Guard (GnuPG) is one of the fundamental tools that allows a distributed group to have trust in its communications. Werner Koch, lead developer of GnuPG, spoke about it at Kernel Recipes: what's in the new 2.2 version, when older versions will reach their end of life, and how development will proceed going forward. He also spoke at some length on the issue of best-practice key management and how GnuPG is evolving to assist. It is less than three years since attention was focused on the perilous position of GnuPG; because of systematic failure of the community to fund its development, Koch was considering packing it all in. The Snowden revelations persuaded him to keep going a little longer, then in the wake of Heartbleed there was a resurgent interest in funding the things we all rely on. Heartbleed led to the founding of the Core Infrastructure Initiative (CII). A grant from CII joined commitments from several companies and other organizations and an upsurge in community funding has put GnuPG on a more secure footing going forward. Read more

Ubuntu: GNOME, New Video, Ubuntu Podcast, Refreshing the Xubuntu Logo

  • Ubuntu 17.10: We're coming GNOME! Plenty that's Artful in Aardvark, with a few Wayland wails
    Ubuntu has done a good job of integrating a few plugins that improve GNOME's user experience compared to stock GNOME – most notably a modified version of the Dash-to-Dock and the App Indicator extensions, which go a long way toward making GNOME a bit more like Unity. It's worth noting that Ubuntu's fork of Dash-to-Dock lacks some features of the original, but you can uninstall the Ubuntu version in favour of the original if you prefer. In fact you can really revert to a pretty stock GNOME desktop with just a few tweaks. Canonical said it wasn't going to heavily modify GNOME and indeed it hasn't.
  • What’s New in Ubuntu 17.10 Artful Aardvark
  • Ubuntu Podcast: S10E33 – Aggressive Judicious Frame
    This week we’ve been protecting our privacy with LineageOS and playing Rust. Telegram get fined, your cloud is being used to mine BitCoin, Google announces a new privacy focused product tier, North Korea hacks a UK TV studio, a new fully branded attack vector is unveiled and Purism reach their funding goal for the Librem 5.
  • Refreshing the Xubuntu logo
    Earlier this year I worked a bit with our logo to propose a small change to it – first change to the logo in 5 years. The team approved, but for various reasons the new logo did not make it to 17.10. Now we’re ready to push it out to the world.

Intel Linux and GCC Work

  • Intel Begins Landing GFNI Support In GCC 8
    Intel compiler engineers have begun landing "GFNI" support within the GNU Compiler Collection as one of the new ISA extensions not expected until the Icelake processor debut.
  • Control-Flow Enforcement Technology Begins To Land In GCC 8
    Intel Control-flow Enforcement Technology (CET) support has begun landing within the GNU Compiler Collection (GCC) for this code safety feature. Patches have been in the works for several months while now the start of the patches are being merged to mainline. Coincidentally, at the same time Intel is also landing their GFNI instruction patches in GCC as well.
  • Intel Continues Landing New i915 DRM Features For Linux 4.15
    Jani Nikula has sent in another drm-intel-next update for David Airlie's DRM-Next tree. They continue prepping more updates to their Direct Rendering Manager (DRM) for targeting the upcoming Linux 4.15 cycle. There have already been several Intel "i915" DRM driver updates queued in DRM-Next for this new kernel version. Past pulls have included marking Coffeelake graphics as stable, continued Cannonlake "Gen 10" graphics enablement, various display improvements, and quite a lot of other low-level code improvements.

Mesa Development Updates