In May, the Biden administration reversed course and decided to back the idea of waiving intellectual property protections for COVID-19 vaccines. The move was meant to ensure more of the world can become inoculated. “Extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures,” U.S. Trade Representative Katherine Tai said at the time. David Ricks, CEO of pharmaceutical giant Eli Lilly (LLY), told Yahoo Finance that “this is a counterproductive move.” “It just… Source link

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Yandex N.V. (NASDAQ:YNDX) share price has soared 226% in the last half decade. Most would be very happy with that. And in the last month, the share price has gained -0.7%. See our latest analysis for Yandex To paraphrase… Source link

Evening commuters make their way toward a New Jersey Transit train platform at Penn Station in New York City. Drew Angerer | Getty Images Alphabet‘s Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color. At issue is a six-color scale known as Fitzpatrick Skin Type (FST), which… Source link

A sign is seen at the entrance to the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021. REUTERS/Shannon Stapleton BRUSSELS, June 18 (Reuters) – Alphabet (GOOGL.O) unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business before the end of the year, said people familiar with the matter. It would mark a new front by the EU competition enforcer against… Source link

Nvidia (NVDA) CEO Jensen Huang made a strong case for the ARM merger at the Six Five Summit and CogX conference. The executive also talked about U.K. opportunities and investments. Nvidia stock jumped 4.76% on Thursday to close at $746.29. Huang told the CogX conference that the merger would combine ARM’s CPU capabilities with Nvidia’s artificial intelligence capabilities to create new ideas. “The U.K. has every reason to be proud of Arm and its achievements and contributions to the… Source link

It’s a common sight: Ads from that time you Googled flights to Cancún, or visited Nike to look for new running shoes, following you around the Internet. Much of that tracking is made possible by cookies — little bits of code that jump off websites and lodge themselves in your browser, allowing new sites you visit to see where you’ve been before. Facebook and Google, the two most profitable advertising companies in history, use cookies to show ads across the Web based on info gathered… Source link

June 18 (Reuters) – Alphabet Inc’s (GOOGL.O) Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color. At issue is a six-color scale known as Fitzpatrick Skin Type (FST), which dermatologists have used since the 1970s. Tech companies now rely on it to categorize people and… Source link

Google announced a $50 million unrestricted grant to 10 HBCUs Thursday. The funds will go toward supporting scholarships, career support programs and technical infrastructure for in-person and remote learning.  Leaders of the institutions receiving the funds applauded the gift. The grant shows “a firm commitment to diversity, equity, and inclusion, and an appreciation of the value HBCUs bring with regards to the talent and ingenuity of our students, faculty, staff and alumni,” Larry… Source link

Disaster always feels like it’s around the corner from the Milwaukee Bucks, a team that loves dancing with the devil in the pale moonlight in elimination games. Peril one minute, prosperity the next. Seventh heaven, seventh hell. It feels surer than ever that given the evidence and health of the participants, the Bucks are the better and deeper team compared to the Brooklyn Nets. They’ll enter Saturday night’s Game 7 in Brooklyn far removed from the club that trailed by nearly 50 in Game… Source link

Facing down the possibility of yet another ignominious Eastern Conference exit, the Milwaukee Bucks have forced a Game 7 against the NBA’s title favorites. Behind a playoff career-high 38 points from Khris Middleton, the Bucks defeated the Brooklyn Nets 104-89 on Thursday in Game 6 to even the series 3-3. The teams will play a Game 7 on Saturday at 8:30 p.m. ET in Brooklyn. The win is a welcome response for the Bucks, who fell behind 3-2 after blowing a 17-point second-half lead in Game 5… Source link