NEW YORK, NY / ACCESSWIRE / November 20, 2018 / With no particularly significant news from either Alphabet Inc. or Adobe Inc. yesterday, both stocks were still tanking head first into the red as the tech arena dragged lower.
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Alphabet Inc. shares were down nearly 4% on Monday on about 1.8 million shares traded. Wall Street has learned that employees at Google, which Alphabet is the parent of, as well as three other tech giant companies can now sue over sexual harassment. Google was the first company to undo its mandatory arbitration clause for harassment earlier this month. “We recognize that we have not always gotten everything right in the past and we are sincerely sorry for that. It’s clear we need to make some changes,” wrote Google CEO Sundar Pichai in an email to employees recently. In separate news, Apple's CEO Tim Cook recently said in an Axios on HBO interview that the reason why the iPhone maker takes Google's cash in exchange for putting its search engine up front and center on the iPhone is
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Adobe Inc. shares were down a little over 8% on Monday on trading volume of about 7.5 million shares, roughly double compared to usual. There was no particularly bad news from the company. In
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