A smartphone with a Google app icon is seen in front of the displayed Australian flag in this illustration, January 22, 2021. REUTERS/Dado Ruvic/Illustration SYDNEY, Nov 16 (Reuters) – Google will spend A$1 billion ($736 million) in Australia over five years, the tech giant said on Tuesday, just months after it threatened to pull its services from the country in response to tougher government regulation. The main operating unit of Alphabet Inc (GOOGL.O) said it planned to expand cloud… Source link

Google created a task force to deter Android users from downloading the popular game Fortnite outside of its Play Store, Epic Games alleged in an unredacted court filing made public on Monday. The move helped Google lock in fees from the game but contradicted the idea of Android being an “open” platform, according to the legal filing from Epic, which makes Fortnite. Epic has sued Google and Apple and accused them of operating monopolies by levying 30 per cent fees on in-app… Source link

By Mike Cherney SYDNEY–Alphabet Inc.’s Google said it will invest 1 billion Australian dollars (US$730 million) over five years into Australian infrastructure, research and partnerships, which would be the company’s single-biggest investment in the country. Alphabet and Google Chief Executive Sundar Pichai said the investment will help develop Australia’s digital infrastructure, with a focus on cloud computing. He also said it will include the launch of Google’s first research… Source link

Google executives told employees last week in a companywide meeting that it is interested in a Pentagon contract for cloud computing and that working for the military would not necessarily conflict with principles created by the company for how its artificial intelligence technology would be used. Google is pursuing the contract three years after an employee revolt forced the company to abandon work on a Pentagon program that used artificial intelligence and to establish new guidelines… Source link

Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green.  Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link

Thomas Barkin, president of the Federal Reserve Bank of Richmond, spoke with Yahoo Finance to discuss rising inflation and the future of Fed policy. Below is a transcript of his appearance on November 15, 2021. — BRIAN CHEUNG: Joining us here in an exclusive interview on Yahoo Finance live is the Federal Reserve Bank of Richmond President Tom Barkin. President Barkin it’s great to have you on the show this afternoon. Just wanted to start off with the breaking news that we had gotten about… Source link

Thomas Kurian, chief executive officer of cloud services at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images At Google’s weekly all-hands meeting on Thursday afternoon, CEO Sundar Pichai and cloud boss Thomas Kurian tried to address concerns about the company’s potential pursuit of a… Source link

COLUMBUS, Ga., Nov. 15, 2021 /PRNewswire/ — Aflac Incorporated (NYSE: AFL) today announced that its Board of Directors has declared the first quarter dividend of $0.40 per share, payable on March 1, 2022, to shareholders of record at the close of business on February 16, 2022. This represents a 21.2% increase over the previously declared fourth quarter dividend. (PRNewsfoto/Aflac Incorporated) Commenting on the announcement, Aflac Incorporated Chairman and Chief Executive Officer Daniel P…. Source link

While COVID-19 booster shot eligibility is continuing to expand in the U.S., not all doctors believe that’s where the focus should be in the fight against the coronavirus. “Honestly, I think that boosters right now are a bit of a distraction away from where we should be focused, which is getting first doses, especially since we know that even now, even with Delta surging, the primary doses of the vaccines are highly protective against serious infection, against hospitalization,” Dr…. Source link

Oatly (OTLY) shares are tanking after the oat-milk producer missed revenue expectations for its latest quarter and slashed its sales guidance.  The results were “disappointing, but also transitory,” Cowen senior analyst Brian Holland told Yahoo Finance Live.  Revenue came in at $171.1 million in the third quarter, missing consensus expectations of $185.7 million, based on Bloomberg data. The company forecasts sales will come in at more than $635 million for the year, a downward revision from… Source link