Uber (UBER) posted its first-ever adjusted profit, but its Q4 outlook weighed on shares immediately following the ride-sharing company’s third quarter results. Uber reported third quarter revenue of $4.85 billion versus Wall Street estimates of $4.4 billion. Gross bookings reaching an all-time high of $23.1 billion, up 57% year over year. The company reported its first adjusted EBITDA profit of $8 million for the quarter. “While we recognize it’s just a step, reaching total-company Adjusted… Source link

Week 9 of the 2021 Fantasy Football season is here, and our analysts have revealed whom they would choose in their Yahoo Daily Fantasy lineups this week using a budget of $200. The ultimate goal: To build the perfect lineup. Many of our analysts are seeking other services of Austin Ekeler in Week 9, ahead of a matchup with the Philadelphia Eagles. There’s also quite the variety at tight end, wide receiver and quarterback this week, as bye weeks and injuries continue to play a part in… Source link

UPDATED: Shares of Penn National Gaming fell more than 20% Thursday, after the publication of an article in which several women alleged that they had “violent and humiliating” sexual encounters with Dave Portnoy, president of Barstool Sports. Penn National, which operates casinos, racetracks and online sports betting, owns a significant equity stake in Barstool. The drop in Penn National’s stock price also came after the company missed Q3 earnings expectations. Revenue climbed 34%, to… Source link

Sean Gallup/Getty News Images/Getty Images In response to a law passed… Source link

Google’s parent company, Alphabet, is launching an operation dedicated to drug discovery. The new company, called Isomorphic Labs, will build on recent research from DeepMind, a London-based artificial intelligence lab also owned and operated by Alphabet. Demis Hassabis, the co-founder and chief executive of DeepMind, will also serve as chief executive of Isomorphic Labs as it maps out its technical strategy and hires its first employees. Isomorphic and DeepMind announced the creation of the… Source link

Google is preparing to beta test new search filters in Google Drive, which will hopefully make it easier to find the exact file you’re looking for. Dubbed “search chips,” the feature adds a line of filters to the top of the Drive interface, letting you limit your search by things like file type, last modification date, or which other users are associated with a specific file. Google Drive already has some search filtering options, but they’re relatively basic and hidden in a… Source link

The Pixel 6 exemplifies the best of what Google services and Android 12 have to… Source link

Following the passage of the so-called “anti-Google law” in South Korea, Google has announced it will comply with the new mandate by giving Android app developers on Google Play the ability to offer alternative payment systems alongside Google’s own. The legislation represents the first time a government has been able to force app stores to open up to third-party payment systems for in-app purchases — a change that could impact both app stores’ revenues, as developers look to… Source link

The logo of Google is seen in Davos, Switzerland January 20, 2020. 2020. REUTERS/Arnd Wiegmann/File Photo Nov 4 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has invested $1 billion in CME Group (CME.O) and has struck a separate deal to move the exchange operator’s trading systems to the cloud, the companies said on Thursday. Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri Our Standards: The Thomson Reuters Trust Principles. Source link

On Thursday, senior Biden administration officials announced details of a highly anticipated mandate requiring U.S. employers with 100 or more workers to ensure employees are either fully vaccinated for COVID-19 or tested each week for the virus. The officials also unveiled details of a separate mandate that will require employers participating in Medicare or Medicaid to have a fully vaccinated workforce, with no testing alternative. The first rule covers 84 million U.S. workers, or two-thirds… Source link