NEW DELHI (Reuters) – A $4.5 billion deal under which Alphabet’s (GOOGL.O) Google will collaborate with India’s Reliance Industries (RELI.NS) on a new smartphone likely heralds a big shake-up for the world’s second-largest mobile market, industry executives and analysts say. FILE PHOTO: The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave Reliance boss Mukesh Ambani, announcing the… Source link

In today’s ExchangeWire news digest: Google bans adverts promoting COVID-19 misinformation; Twitter sees the accounts of 130 of its high-profile users hacked; and despite a growth in subscriptions, Netflix sees its revenues decline in APAC.   Google blocks unverified COVID ads   Google has taken a stand against misinformation surrounding the Coronavirus pandemic – the tech heavyweight announced last Friday (17th July) that it will ban adverts propelling “dangerous content” related to… Source link

Monday, July 20, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe S&P 500 turnover is unpredictable in a bullish way Could the stock market deliver extraordinary returns over the next decade? As we’ve written before, some of the more widely-followed stock market forecasters believe the average annual total return for stocks, which includes dividends, will be far below the 10% level investors might expect for the risk and time commitment.

Google has quietly launched Shoploop – a video shopping platform that’s designed to streamline your online shopping experience. Imagine a world where TikTok was designed just to sell products online with the help of influencers and an optimised shopping process. That’s what you’re essentially getting with Shoploop. Google is pitching it as “an… Source link

CLOSE ViacomCBS is cutting ties with Nick Cannon following the actor’s anti-Semitic comments on his podcast, ‘Cannon’s Class.’ USA TODAY When it comes to job searching, recruiting and retention, diversity has increasingly become part of the conversation. Amid the recent Black Lives Matter protests, more companies are pledging to diversify workplaces by hiring more people of color, and CEO’s can play a vital role in making sure it happens. Chief executives can also set… Source link

(Bloomberg) — Apple Inc. will soon invite a mainland Chinese company into the exclusive club of global iPhone assemblers, marking the biggest change to a decade-old production model just as Washington-Beijing tensions escalate. Luxshare Precision Industry Co. struck a deal to acquire Wistron Corp.’s iPhone unit and become the first mainland company to assemble Apple’s marquee device. It’s another win for a company that went from making cables and antennas to AirPods, sending its shares… Source link

India’s coronavirus crisis continues to worsen at an alarming rate, recording more than 40,000 cases in a single day for the first time on Sunday. On Friday, the virus-hit nation became only the third country to surpass the daunting milestone of one million cases after the US and Brazil. On Sunday India recorded 675 deaths, the tenth consecutive day it has recorded more than 500 daily deaths. Governments have rushed to try and stop the alarming surge in cases with a series of measures… Source link

Alphabet Inc’s Google (GOOGL) said over the weekend that it will restrict and if necessary prohibit advertising which promotes “dangerous content” on coronavirus conspiracy theories. The policy update, which will be effective from August, will ban publishers from abusing the California-based search giant’s ad platform to promote and monetize content that relates to a “current, major health crisis and contradicts authoritative, scientific consensus”. Examples of ad content which… Source link

(Bloomberg) — Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup Inc. Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, analysts including Ed Morse wrote in the bank’s third-quarter commodities outlook. Gold is expected climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000… Source link

Google’s AirPods competitor is finally ready. The Pixel Buds are true wireless earbuds that aim to be all things to all people with a hybrid design that’s neither fully open nor isolating. The £179 earphones are Google’s second attempt at Bluetooth earbuds, the first being not great. The new version dispense with the wire and adopt a tried-and-tested approach: earbuds that slot into a small and pocketable case. The buds are small and low-profile, similar in size to Samsung’s… Source link