NEW YORK — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving, Texas-based oil producer brought in $32.6 billion in revenue, less than half of what it brought in at the same time last year. Chevron Corp. lost $8.27 billion during the quarter, a sharp contrast to the… Source link

WASHINGTON — As presumptive Democratic nominee Joe Biden prepares to announce his vice presidential pick, a new Yahoo News/YouGov poll finds that a majority of Democrats believe that Biden should tap a Black woman to join him on the ticket in November. Biden, who promised that he would pick a woman to be his running mate during the Democratic primaries, has said he would reveal his decision in early August.  Sixty percent of Democrats think it’s important for Biden to select a Black… Source link

But Google’s ad sales were picking back up again by the end of the quarter, chief financial officer Ruth Porat said on a conference call. And growth at YouTube and Google’s cloud business continued to be relatively strong. Shares inched higher in extended trading. “We are cautiously encouraged by our results,” Porat said, adding that “it’s premature to say that we’re out of the woods.” Google’s giant advertising business had already begun to slow well before the pandemic…. Source link

Google revealed earlier this year that it’s planning to support Windows applications on Chromebooks thanks to a partnership with Parallels. It’s a collaboration that will see a full version of Windows boot inside Chrome OS, providing businesses the option to run existing desktop apps on Google’s range of lightweight Chromebook devices. In an exclusive interview with The Verge, Google is now detailing how and why Windows apps are arriving on Chrome OS. Google wants to give you access… Source link

Australia is closing in on a legally binding framework to force adtech giants Facebook and Google pay media companies for monetizing their news content when it’s posted to their social media platforms or otherwise aggregated and monetized. Back in April the country’s government announced it would adopt a mandatory code requiring the tech giants to share ad revenue with media business after an attempt to negotiate a voluntary arrangement with the companies failed to make… Source link

Presumptive Democratic presidential nominee Joe Biden has long said there is one quality in a vice presidential pick that he values above all: the ability to be “simpatico” with him. And only one vice presidential shortlist finalist — former Obama administration national security adviser Susan Rice — boasts a long personal and professional relationship with the former vice president. The pair worked closely during the Obama years, and she is considered a member of Biden’s inner… Source link

Most Americans now believe that President Trump will not accept the results of November’s election if he loses to Joe Biden, according to a new Yahoo News/YouGov poll — and an even larger majority of Trump voters say they, too, will refuse to accept a narrow loss if mail-in ballots contribute to Biden’s victory. Source link

Listen to the content of this post: Data breaches grow Data breaches have grown in intensity and frequency in recent months as cybercriminals take advantage of coronavirus confusion. Large-scale data breaches increased 273% in the first quarter, compared to the same time last year, according to a new study from cloud computing company Iomart. More… Source link

Most Americans now believe that President Trump will not accept the results of November’s election if he loses to Joe Biden, according to a new Yahoo News/YouGov poll — and an even larger majority of Trump voters say they too will refuse to accept a narrow loss if mail-in ballots contribute to Biden’s victory. In the midst of a pandemic that has seen many states expand their mail-in balloting systems to limit dangerous crowding on Election Day, the issue of postal voting took center… Source link

LAKE BUENA VISTA, Fla. — Last week, as the NBA was gearing up for a historic season resumption after a four-month hiatus caused by the COVID-19 pandemic, President Donald Trump issued a warning on his Twitter account that kneeling during the playing of the national anthem would be a “sign of great disrespect” and added the game would be “over for me!” Looking forward to live sports, but any time I witness a player kneeling during the National Anthem, a sign of great disrespect for… Source link