Yearly Archives: 2021

Google’s News Showcase Teaches Executives What Not To Do

xxxxxxx (Photo by ALAIN JOCARD / AFP) (Photo credit should read ALAIN JOCARD/AFP via Getty … [+] Images) AFP via Getty Images by Joe Golder When Google earmarked $1 billion through its News Showcase to help struggling news outfits, it was expecting thunderous applause. When that didn’t come, they thought the payments would make publishers smile. Instead, many have grumbled and complained that others received more. Now the London-based Press Gazette, a… Source link

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Comedian Dave Chappelle addresses Netflix transgender controversy in full for first time

(Editor’s note: Attention to strong language in paragraph 4 that could offend some readers) By Helen Coster Oct 25 (Reuters) – Comedian Dave Chappelle on Monday addressed the transgender controversy at Netflix https://www.reuters.com/business/media-telecom/netflix-workers-stage-walk-out-over-chappelle-transgender-comments-2021-10-20 in full for the first time on a video on his Instagram account, five days after about 100 people protested near the streaming company’s headquarters. The employee… Source link

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Stock futures drift after S&P 500, Dow log record highs

Stock futures opened slightly higher Monday evening, steadying near record levels as investors awaited another hefty set of earnings and economic data.  The S&P 500 and Dow had each reached all-time highs during Monday’s session, with equity investors proving resilient even in the face of ongoing supply chain challenges and elevated inflationary pressures.  The Nasdaq Composite jumped by 0.9%, coming within 1% of its own record closing high as shares of Tesla (TSLA) rallied for a fourth… Source link

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‘Companies that took care of their people’ are being rewarded

The current labor shortage has benefitted companies that treated their employees well, CEO of EY Carmine Di Sibio said on Yahoo Finance’s All Markets Summit Monday. “We talk to our clients about this all the time. We’ve actually hired 115,000 people in the last year, but we’ve also lost people,” Di Sibio says about the labor shortage. “The culture of the organization … is incredibly important … Companies that took care of their people, I think they’re being rewarded for it… Source link

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My job is to win Apple back

Intel CEO Pat Gelsinger says the ball is in the chip giant’s court to win back lost business from the Mac making Apple.  “My job is to win them [Apple] back and to deliver products that are better than they can do themselves. We also want to win them over to more of our foundry offerings over time. And that just makes sense, right? Everybody wants to have multiple suppliers. And if we have the best process technology in the industry, of course, they’ll come our way,” Gelsinger said at Yahoo… Source link

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DWAC dips 10% after short-seller Iceberg bets against stock

Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition which plans to take former President Donald Trump’s social media venture public slid 10% on Monday afternoon after short-seller Iceberg Research announced it was betting against the stock. “We are short $DWAC,” wrote Iceberg Research in a tweet.  DWAC shares had jumped more than 800% over the span of two sessions last week after Digital World Acquisition announced it was taking Trump Media and Technology Group… Source link

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Crypto founder Do Kwon explains why he’s suing the SEC

The crypto founder going on the offensive in the industry’s latest battle with the Securities and Exchange Commission (SEC) called out a lack of understanding as a big problem among regulators. Terraform Labs co-founder and CEO Do Kwon, who sued the SEC Friday to quash a recent subpoena, explained to Yahoo Finance at Monday’s All Markets Summit that regulators are still learning that some of the code and protocols launched in the sector are no longer controlled by centralized entities, but… Source link

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What to Look For From GOOGL

Key Takeaways Analysts estimate EPS of $23.12 vs. $16.40 in Q3 FY 2020. Google Cloud revenue is expected to rise YOY. Revenue is expected to increase, but at a decelerating pace compared to last quarter’s exceptionally rapid growth. Google parent Alphabet Inc. (GOOGL) has enjoyed exceptionally rapid profit and revenue growth in recent quarters. But amid those gains, the company is facing major antitrust lawsuits that threaten to slow the company’s pace of growth. In the U.S. alone,… Source link

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