Monthly Archives: March 2021

What rising mortgage rates really mean for the housing market

Mortgage rates may be on the rise, but that doesn’t necessarily mean the housing boom is about to go bust. For the third consecutive week, mortgage rates pushed past 3%, with the average 30-year fixed loan hitting a nine-month high of 3.09% last week, according to Freddie Mac. The uptick is being driven by a rise in the yield on the 10-year Treasury, which is closely tied to consumer loans like mortgages, credit cards and auto loans. Rising mortgage rates typically signal a recovering… Source link

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Top MLB prospects for 2021 fantasy baseball drafts

Prospecting isn’t for everyone. It can be painful. We have to wait weeks or months for these guys, with no guarantee they’ll succeed upon arrival. If you want to simply avoid the entire pool of untested would-be rookies during your fantasy drafts, we get it. It’s a defensible position. But it’s also not uncommon for a first-year player to make noise immediately, giving a massive edge to fantasy managers who were willing to draft and wait. Also, prospects are often the very best trade… Source link

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TIME Magazine to auction 3 covers as NFTs; eyes crypto payments for subscriptions

TIME Magazine plans to lean into surging demand for digital currency and art, currently two of the hottest trends in the global economy.  As cryptocurrencies and non-fungible tokens (NFTs) continue to explode in interest and value, TIME has designed its first-ever cover exclusively as an NFT, featuring the bold title “Is Fiat Dead?” It’s a nod to one of its most iconic cover designs from the April 8, 1966 “Is God Dead?” and April 3, 2017 “Is Truth Dead?” editions — and an acknowledgement… Source link

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Bill to aid US publishers vs. Google, Facebook rises again

Legislation that aims to bolster U.S. news organizations in negotiations with tech companies has supporters hoping that third time’s the charm By TALI ARBEL AP Technology Writer March 22, 2021, 2:17 PM • 4 min read Share to FacebookShare to TwitterEmail this article A congressional effort to bolster U.S. news organizations in negotiations with Big Tech has supporters hoping that third time’s the charm. The bill, the Journalism Competition and Preservation Act, was introduced in March for the… Source link

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How Google Cloud has been helping states with their COVID-19 vaccinations

On Monday, Google Cloud revealed the role it had played in five states’ mass vaccination initiatives and announced that it would be working with more in the months to come.   According to a blog post by Google Cloud CEO Thomas Kurian, Arizona, Massachusetts, North Carolina, Oregon and Virginia have partnered with the company to support their vaccination efforts at scale. Mike Daniels, VP of global public sector at Google Cloud, told Healthcare IT News the company’s efforts are “designed to… Source link

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Google Adding 10,000 Jobs This Year, Including Some In Chicago

FULTON MARKET — Google is gearing up to hire 10,000 workers across the country this year, including some in its expanding Chicago offices. Throughout 2021, Google plans to create the 10,000 full-time Google jobs in the U.S. as part of a $7 billion investment in offices and data centers nationwide, the company recently announced. “I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life,” said Sundar Pichai, CEO of… Source link

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Verizon Media expands commerce business, plans to launch Yahoo Shops

What you need to know: Yahoo Shops will be the first digital media marketplace to feature native commerce capabilities and launch with a commitment to diversity, pledging at least 15% of merchants will be Black-owned businesses Shoppable video, personalized features, and XR tools will be hallmarks of Yahoo Shops With the scale of Verizon Media’s audience and advertising platforms, Yahoo Shops offers brands a seamless connection to consumers, from discovery to transaction NEW YORK, NY – Today,… Source link

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Google Cloud Caps Sales Commissions as Losses Mount — The Information

Last year, Google lost $5.6 billion on its cloud computing business—real money even for one of the most wildly profitable companies on the planet. Now it’s taking a new approach that could help it stem a bit of that flood of red ink. Thomas Kurian, chief of Google’s cloud computing unit, recently reintroduced a cap on the commissions earned by Google Cloud salespeople who sell to large companies, according to a person with direct knowledge of the policy and two… Source link

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Google, Apple Ties Are Target of Advertisers’ U.K. Complaint

Photographer: Chris Ratcliffe/Bloomberg Photographer: Chris Ratcliffe/Bloomberg Google and Apple Inc.’s “symbiotic relationship” should get scrutiny from the U.K.’s antitrust regulator, a group of online advertisers said. Marketers for an Open Web said it has asked the Competition and Markets Authority to look at concerns that the… Source link

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