Google Pay is apparently just as much a disaster internally as the app transition has been externally. That’s the big takeaway from a recent Business Insider article detailing an exodus of executives from Google’s payment division, lower-than-expected app adoption, and employees frustrated with the slow movement of the division. Business Insider spoke with ex-employees and learned that “dozens of employees and executives have left” the… Source link

New confirmed cases of COVID-19 and resulting hospitalizations are skyrocketing in Florida, and the mayor of Fort Lauderdale would like Governor Ron DeSantis to rethink some of the policies contributing to elevated transmission. “If there’s an ultimate political agenda trying to appeal to some sort of outlier group thinking that’s going to advance a person politically, I just think they’re misjudging what people really want,” Fort Lauderdale Mayor Dean Trantalis said on Yahoo… Source link

So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares. Smart money managers are always looking for the next hot stock. And NVIDIA has many fundamental qualities that are attractive. This sets up well for the stock going forward. But how the stock is trading points to more upside. As I’ll show you, the Big Money has been consistent in the shares the last year. You see, fund managers are… Source link

In recent months, YouTube Music has seen a slew of tweaks that refine the app but don’t fundamentally change the experience. That’s par for the course at Google, but what’s been incredibly odd is how the YouTube Music team has not meaningfully talked about any of these new features until last week. YouTube Music’s last major feature launch that warranted a blog post from the company was the addition of the Home feed activity bar and availability of personalized My Mixes in… Source link

Dive Brief: Google is dissolving its health division, Google Health, after three years as the head of the unit, David Feinberg, departs to become CEO of health IT vendor Cerner. Google is splitting its health projects and teams across several other divisions of the company, according to an Aug. 19 internal memo to employees from Jeff Dean, the head of Google’s research division, obtained by Insider. Alphabet’s Google created the Google Health division in 2018 to… Source link

Russian internet company Yandex has, in cooperation with Moscow State University, launched a new programme of studies focused on data analytics and machine learning. Graduates of the data science programme are expected to work in leading IT companies and R&D entities. Source link

Market trends are generally heading up, and investors are feeling confident. The S&P 500 has gained 20% so far this year, and the NASDAQ has gained 15%; for now, it looks like the confidence is justified. The economy’s reopening is proceeding apace, and both investors and consumers are looking forward to a more normal 2022. In a recent note for RBC, the firm’s head of US equity strategy, Lori Calvasina, acknowledges the optimism – and also points out the potential fly in the ointment…. Source link

Home sales increased for the second straight month in July. Existing home sales rose 2% to a seasonally adjusted 5.99 million units in July, from a month earlier, according to the National Association of Realtors (NAR). June total units sold were also revised to 5.78 million. The results outpaced analyst expectations of a decline of 0.5% and 5.83 million units, according to Bloomberg consensus estimates. “The housing market went through a big swing during the COVID lockdown. Once the economy… Source link

With help from Leah Nylen Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — Hitting pause: Google is heading to court this week in a bid to block “highly sensitive information” about its business from being revealed in… Source link

A new study on COVID-19 transmission done by researchers at Georgia Tech University and North Carolina State University paints a dire picture for students who go to school unmasked and unvaccinated. Model findings from the study found that in a 500-student school, an additional 70% of elementary school students may be infected with COVID-19 within three months without masks and 40% of elementary school students may be infected within three months with masks. Vaccinated middle and high schools… Source link