Monthly Archives: December 2021

Matt LaFleur was great hire for Packers

The highest winning percentage of any coach with at least 50 NFL games belongs to Guy Chamberlin, who won .784 percent of his games from 1922-27. John Madden is the modern-era leader at .759. Only four coaches ever are over 70 percent.  Matt LaFleur’s winning percentage sits at .800 through 45 games. After the Arizona Cardinals‘ loss on Monday night, LaFleur also leads the team that owns the No. 1 seed in the NFC with four games to go. He has been really good.  When we talk about the Green… Source link

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Apple, Google Hold ‘Vise-Like Grip’ on Smartphones, U.K. Regulator Says

LONDON— Apple Inc. and Alphabet Inc.’s Google hold a “vise-like grip” over how people use mobile devices, Britain’s antitrust regulator said Tuesday, and said it was assessing whether it would try to loosen what it said was their control over smartphone ecosystems. The preliminary report is among several, nonbinding research efforts by the U.K. and other antitrust regulators in Europe into… Source link

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Omicron variant and threat of higher interest rates cause investors to hoard cash: BofA

While traders are making bank chasing Apple to a $3 trillion market cap, many in the market are adding cash to their accounts amid heightened concerns around the Omicron variant and a more hawkish Federal Reserve. Bank of America’s monthly fund manager survey out Tuesday found cash allocation among investors surged 14 percentage points in December from November. Fund managers were net 36% overweight cash, the highest allocation to the asset class since May 2020. Besides cash, investors also… Source link

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Apple, Google have ‘vice-like grip’ over mobile devices, U.K. regulator says

The U.K. competition regulator said Tuesday that its interim report has found that a duopoly of Apple Inc. and Alphabet Inc.’s Google limits competition and choice, and that the firms are “exercising a vice-like grip” over mobile devices. The Competition and Markets Authority said its report into mobile ecosystems suggests users are losing out because of the companies’ control. It had launched a probe in June over concerns that Apple AAPL, -2.07% … Source link

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Google-backed neobank Open acquires Finin for $10 million – TechCrunch

Open has acquired consumer neo-banking startup Finin for $10 million as the Bangalore-based, Google-backed business-focused neobanking platform looks to broaden its offerings and deepen relationships with banks. The deal involves both cash and stock, the two said. Launched in 2019, Finin is among the first consumer-focused neobanking startups in India. The startup, which had raised about $1 million from Unicorn India Ventures and others, will see key executives… Source link

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UK regulator says Google and Apple have ‘vice-like’ grip on consumers

LONDON, Dec 14 (Reuters) – Google (GOOGL.O) and Apple (AAPL.O)hold a “vice-like” grip over how people use mobile phones, stripping any meaningful choice from the system for customers, Britain’s competition regulator said on Tuesday. The Competition and Markets Authority said it had provisionally found that the two groups were able to leverage their market power to create largely self-contained ecosystems. An ability to determine which apps are available on their systems could also lead to… Source link

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We need to talk about 2023 (yes, already): Morning Brief

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 Tuesday, December 14, 2021 With taper, rate hikes baked into 2022, the chickens may come home to roost in 2023 Buy the taper, sell the fact? Stocks, which mostly rallied as Federal Reserve officials dropped hints that crisis-era monetary accommodation is nearing an end, are clearly showing signs of wear. With the Omicron variant of COVID-19 becoming… Source link

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Uber, Google, Ford Delay Office Return as Omicron’s Spread Threatens Business Districts

Office-building owners and small businesses near such properties are bracing for another letdown in January, as the latest Covid-19 variant threatens to interfere with widespread company plans to return to the workplace. Before the Omicron variant surfaced overseas last month, employers throughout the U.S. were preparing to call back employees to the office after the holidays. Now, a small but rising number of companies have modified or delayed plans as uncertainties swirl over the severity… Source link

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Is the Fed behind the curve on inflation?

How fast does the Federal Reserve want to move on drawing down its pandemic-era stimulus? That’s the question that Fed officials will have to answer in its two-day meeting kicking off Tuesday, where the major discussion will focus on the pace of the central bank’s wind down of its asset purchase program. With inflationary pressures continuing to rise, Fed watchers expect the policy-setting Federal Open Market Committee (FOMC) to lean into a speedier timeline. On Friday, the Consumer Price… Source link

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Google staffs up to build OS for unknown ‘innovative AR device’

Google is hiring an “Augmented Reality OS” team focused on building software for an “innovative AR device,” according to job listings spotted by 9to5Google. The team is led by Mark Lucovsky, who announced he’d joined the company this week. Lucovsky previously worked at Meta developing an in-house alternative to Android to power the company’s hardware, and also co-authored the Windows NT operating system. According to Google’s job listings, the Augmented Reality OS team is… Source link

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