Indian startup Glance, which serves news, media content, and games on the lock screen of over 100 million smartphones, has a new investor: Google. The two-year-old Glance, which is part of advertising giant InMobi Group, said on Tuesday that it has raised $145 million in a new financing round from Google and existing investor Mithril Partners. The new round values Glance at over $1 billion, a person familiar with the matter said, making the startup a… Source link

Yandex (NASDAQ:YNDX) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, BidAskClub reports. Several other research firms have also recently issued reports on YNDX. Bank of America raised shares of Yandex from a “neutral” rating to a “buy” rating and set a $80.00 price target on the stock in a research note on Tuesday, November 24th. Jefferies Financial Group cut shares of Yandex from a “buy” rating to a “hold” rating and… Source link

TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link

GlobeNewswire The Best Women’s Fashion And Workout Leggings: Ryderwear Brings Christmas Home Early With Their Holiday Sale Australia-based sportswear brand, Ryderwear, offers amazing price slash on their range of workout clothes and gym leggings in celebration of Christmas, Boxing Day, and New Year. Highwaisted women’s legging Australia-based sportswear brand, Ryderwear, offers amazing price slash on their range of workout clothes and gym leggings in celebration of Christmas, Boxing Day, and… Source link

(Reuters) – A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. Russian lawmaker Anton Gorelkin on Friday submitted the draft law to the lower house of parliament, the Duma, saying in a blogpost that new amendments were aimed at… Source link

(Bloomberg) — Glance, a mobile content platform from the founder of India’s earliest unicorn, has reached a valuation of over $1 billion after completing a funding round that was led by Google, according to people with knowledge of the matter. The Alphabet Inc. unit and billionaire Peter Thiel’s Mithril Capital invested $145 million in the 18-month-old startup, whose app uses artificial intelligence to curate a personalized feed of entertainment, news, sports scores and video game… Source link

CANBERRA, Australia (AP) — Australia’s competition regulator on Tuesday delayed for three months its decision on Google’s plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal. Shares of Fitbit Inc. tumbled almost 7% before the opening bell. The European Union regulators last week approved the deal after Google promised to restrict user data and ensure Android phones work with other wearable devices for at least 10… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

(Reuters) – Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday. The Journal report cited an unredacted version of a lawsuit filed by 10 states against Google last week. The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising… Source link

The Pittsburgh Steelers fell to 11-3 on Monday night after their 27-17 loss to the Cincinnati Bengals. Pittsburgh had a chance to lock up the AFC North with a win but instead will go into the final two games of the regular season in a race with the Cleveland Browns for what will likely end up the No. 3 seed in the AFC. Here are our big takeaways from the loss. The defense can’t stay out of its own way Joseph Maiorana-USA TODAY Sports All night long the Steelers would take one step forward on… Source link