This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 13, 2021 It’s all about demand.  Inflation data published Wednesday left markets spooked.  Consumer prices rose at the fastest annual pace since 2008 in April, according to the latest data from the BLS, news that sent stocks tumbling with the S&P 500 (^GSPC) falling 2.1% on the day.  The simplest read on the market’s reaction to… Source link

James Martin/CNET Google I/O kicks off next week, and even though it’s a developers’ conference,… Source link

Browser extensions designed for Google Docs may stop working getty Google is warning that a forthcoming update to Google Docs could prevent browser extensions from functioning properly. The company is changing the way that Google Docs renders documents, switching from the current HTML-based approach to a Canvas-based rendering system. This, claims Google, will improve the performance of Google Docs and allow it to introduce a series of new features for the online word… Source link

Italy’s competition watchdog said on Thursday it had fined Google 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operating system and app store Google Play. “Through android and the app store Google Play, Google has a dominant position which allows it to control the reach app developers have on final users,” the regulator said in a statement, adding that almost three-quarters of Italians use smartphones running on Android. … Source link

Italy’s competition watchdog said on Thursday it had fined Google (GOOGL.O) 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operating system and app store Google Play. “Through android and the app store Google Play, Google has a dominant position which allows it to control the reach app developers have on final users,” the regulator said in a statement, adding that almost three-quarters of Italians use smartphones running on Android. The… Source link

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Adrien Henni, chief editor, East-West Digital News Yandex, the NASDAQ-listed Russian tech major, is preparing to launch its express e-grocery delivery service in Western Europe—after successful deployment in Russia and Israel. According to a company spokesman cited by AFP, the first target is France, where Yandex registered a local company earlier this month and started hiring. Initially covering the central districts of Paris, the service will operate under the international… Source link

FILE PHOTO: The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake MILAN (Reuters) -Italy’s competition watchdog said on Thursday it had fined Google 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operating system and app store Google Play. “Through android and the app store Google Play, Google has a dominant position which allows it to control the reach app developers have on final… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

(Bloomberg) — Tesla Inc.’s Chief Executive Officer Elon Musk said the electric-vehicle manufacturer is suspending purchases using Bitcoin, triggering a slide in the digital currency. In a post on Twitter Wednesday, Musk cited concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” while signaling that Tesla might accept other cryptocurrencies if they are much less energy intensive. He also said the company won’t be selling any of the Bitcoin it… Source link