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Read More »Yearly Archives: 2021
Albright hits back at Federal Circuit while moving Google patent dispute
A logo is seen on the New York Google offices. New York City, U.S., July 29, 2021. REUTERS/Andrew Kell Google asked Waco, Texas judge to move case to California Federal Circuit has criticized Albright decisions to keep cases Albright moves case, but says Federal Circuit “muddled” law Nov 9 – A federal judge who has been under fire for resisting requests to transfer cases granted Google LLC’s bid to move a patent dispute over its Pixel smartphones from his Waco, Texas court to California. In a… Source link
Read More »Stock futures open lower ahead of inflation data
Stock futures opened slightly lower Tuesday evening to hold below record levels, with investors fixing their attention on a key inflation report due for release Wednesday morning. Contracts on the S&P 500 ticked down, after the index closed out its first session of losses following eight straight days of gains. The Dow and Nasdaq had each also ended the session lower to pause after a record-setting run-up. One of the most closely watched reports due for release Wednesday morning will be… Source link
Read More »US regulators ‘need to get with the program’ on cryptocurrencies: Ripple exec
Step up your crypto game John and Jane Doe regulator, says one high-ranking executive at cryptocurrency Ripple. “I think the U.S. regulators in particular need to get with the program and come up with more proactive regulation,” said Asheesh Birla, RippleNet general manager, at the Yahoo Finance/Decrypt crypto investing conference on Tuesday. Birla pointed out that much of Ripple’s cross boarder payment volume is concentrated overseas, reflecting a better regulator framework. “Countries like… Source link
Read More »Elon Musk Loses $50 Billion in Two Days in Record Wealth Plunge
(Bloomberg) — Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row. Most Read from Bloomberg It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos’s $36 billion plunge following his divorce from MacKenzie Scott in 2019. Tesla’s rout comes amid a tumultuous few days for the automaker. It started when Musk asked his Twitter followers over the weekend whether… Source link
Read More »City OKs Google data centers amid secrecy, water worries
SALEM, Ore. — The council of a small Oregon city has approved a deal with Google that will enable the technology giant to build two more water-guzzling data centers there, though some residents worry about drought and secrecy. A single data center can churn through millions of gallons of water per day to keep hot-running equipment cool, and the placement of these facilities in drought-prone areas is an increasing concern around the globe, even as reliance on them is growing. Data centers… Source link
Read More »PubMatic Announces Third Quarter 2021 Financial Results
Delivered record revenue of $58.1 million, generated $13.5 million in GAAP net income and $24.3 million in adjusted EBITDA;Fourth consecutive quarter of best-in-class organic revenue growth over 50%, net margin over 10%and adjusted EBITDA margin over 30%;Raising full year 2021 financial outlook NO-HEADQUARTERS/REDWOOD CITY, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) — PubMatic, Inc. (Nasdaq: PUBM), a sell-side platform that delivers superior outcomes for digital advertising, today reported… Source link
Read More »Uber stock is a Buy right now: BofA analyst
A new Bank of America (BAC) Global Research report found a rising supply of Uber (UBER) drivers was the main driver of the company’s first profitable quarter. “We see Uber as the top Internet stock in our coverage universe for Urban reopening and improving labor conditions and think multiple expansion is possible on market share gains,” BofA analyst Justin Post wrote in the report released Monday. The report noted that a higher-than-expected mobility take rate, which measures how much… Source link
Read More »‘An NFT winter’ is coming and ‘I can’t wait’: Gary Vaynerchuk
Gary Vaynerchuk is a serial entrepreneur who has developed a huge following online with a prolific posts and initiatives touching on communications, sports, and digital advertising. But these days he’s all in on crypto – specifically the world of non-fungible tokens (NFT). His project, called VeeFriends, is built around collecting these digital assets and then cultivating an “extraordinary community” around them. It’s where he is putting his energy even as he predicts that “an NFT… Source link
Read More »Google is taking sign-ups for Relate, a voice assistant that recognizes impaired speech
Google launched a beta app today that people with speech impairments can use as a voice assistant while contributing to a multiyear research effort to improve Google’s speech recognition. The goal is to make Google Assistant, as well as other features that use speech to text and speech to speech, more inclusive of users with neurological conditions that affect their speech. The new app is called Project Relate, and volunteers can sign up at g.co/ProjectRelate. To be eligible to… Source link
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