Facebook’s (FB) week went from bad to worse Monday when the social networking giant’s apps went dark worldwide for roughly six hours. In a post written Monday afternoon, Facebook VP of infrastructure Santosh Janardhan blamed the outage on a configuration error on the “backbone routers that coordinate network traffic between our data centers caused issues that interrupted this communication.” That error, Janardhan writes, had a cascading effect on Facebook’s entire network, both… Source link

In May, Google announced plans to enable two-factor authentication (or two-step verification as it’s referring to the setup) by default to enable more security for many accounts. Now it’s Cybersecurity Awareness Month, and Google is once again reminding us of that plan, saying in a blog post that it will enable two-factor for 150 million more accounts by the end of this year. In 2018, Google said that only 10 percent of its active accounts were using two-factor authentication. It has… Source link

Supply chain tightness is causing heightened concern over the growth of the U.S. economy while companies mired in trucking and shipping delays scramble to find alternative routes. “The supply chains are everything at this point,” Frances Donald, global chief economist and global head of macroeconomic strategy at Manulife Investment Management, told Yahoo Finance Live (video above). “It’s never been harder to create an outlook for the fourth quarter in large part because we have absolutely no… Source link

If you want to know who really controls Yandex N.V. (NASDAQ:YNDX), then you’ll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. … Source link

For more business and finance explainers, check out our Yahoo U page. Buying a stock is often a bet that the stock’s price will go up. But what if you want to bet on a stock price going down? Short selling is one way to do that, and involves a few extra steps than simply buying a stock. It also comes with high risk. How does one short sell a stock? First, an investor borrows a share of a company, usually from a broker (likely in a margin account). The investor then sells the share in the… Source link

Following its announcement of an all-new Nest Cam lineup this summer, Google has made the last of the four cameras it announced available in its Google Store: The Google Nest Cam wired ($99.99) and the Google Nest Cam with floodlight ($279.99). The cameras join the new Nest Cam battery, an indoor-outdoor camera, and the Nest Doorbell battery that went on sale in August. The Nest Cam wired is the budget camera in the lineup and is much smaller than the indoor/outdoor Nest Cam, which can… Source link

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Former President Donald Trump weighed in on the booming cryptocurrency movement, reiterating his concerns that rapidly proliferating digital coins pose a threat to the U.S. dollar’s (DX-Y) status as a global reserve currency. In fact, Trump believes that China’s recent move to ban crypto is a warning shot to the U.S. to protect its currency, he told Yahoo Finance in a wide-raging interview about the economy, and his potential aspirations for the next general election. He added that Chinese… Source link

Google is giving away a free Stadia Premiere Edition kit if you purchase a regular Stadia game. This hardware bundle includes a Chromecast Ultra and Stadia controller, and you’ll need to buy a full price game ($59.99 or above) to qualify for the offer. Google’s free offer will run until 11:59PM PT on October 10th, and codes will be distributed by October 20th. The free Stadia Premier Edition offer will run in the US, UK, Ireland, Netherlands, Belgium, France, Germany, Italy, Spain,… Source link

WASHINGTON, Oct 5 (Reuters) – Amazon.com Inc (AMZN.O), Google (GOOGL.O) and Microsoft Corp (MSFT.O) are expected to join a Biden administration conference on Tuesday focused on quantum technologies as the U.S. government works to head off hacking threats and corner a burgeoning growth industry. The White House’s Office of Science and Technology Policy (OSTP) is hosting the event that will discuss critical applications of quantum computing, which is expected to operate millions of times faster… Source link