Yearly Archives: 2021

IMF warns cryptocurrencies may threaten financial stability without regulation

While cryptocurrency has the ability to improve the global payment system, digital coins still pose considerable challenges to market conditions worldwide, the International Monetary Fund warned in a new report on Tuesday. In its latest Global Financial Stability Report, the fund stated that risks stemming from the booming crypto trading and the proliferation of digital coins “appear contained for now,” but they should be monitored closely. As crypto grows in adoption, the potential impact… Source link

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Seattle Kraken CEO explains why investors paid a premium to bring hockey back to the Emerald City

The Seattle Kraken, the National Hockey League’s 32nd team, will play its inaugural game on Tuesday night in Las Vegas. For the business minds behind the return of professional hockey to Seattle after a nearly century-long hiatus, the Kraken’s first game is a crucial step in a nearly $2 billion investment in the team. “When people think that there aren’t many opportunities left, we found this great frontier called Seattle,” Kraken CEO Tod Leiweke said on Yahoo Finance Live (video above)…. Source link

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Russia’s Yandex acquires Israeli e-scooter company | The Mighty 790 KFGO

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities… Source link

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Russia’s Yandex acquires Israeli e-scooter company

The company logo is seen on the headquarters building of Yandex company, in Moscow June 14, 2012. REUTERS/Maxim Shemetov MOSCOW, Oct 12 (Reuters) – Russian tech giant Yandex (YNDX.O) is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters… Source link

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Russia’s Yandex acquires Israeli e-scooter company

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities in Israel,… Source link

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Russia’s Yandex acquires Israeli e-scooter company

MOSCOW (Reuters) – Russian tech giant Yandex is expanding in Israel with the acquisition of electric scooter rental company Wind, adding to its taxi and food delivery services in the country. Yandex said on Tuesday it expects the deal to be finalised by the end of the year but did not disclose financial terms. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities and operations in Israel, Yandex said. Wind, which operates around 4,500 scooters across 13 cities in Israel,… Source link

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Google Cloud unveils carbon footprint tracker, satellite imagery suite

The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay Oct 12 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will tell its cloud customers the carbon emissions of their cloud usage and open satellite imagery to them for the first time for environmental analysis, as part of a push to help companies track and cut carbon budgets. The new features were among announcements Google Cloud made Tuesday to kick off its annual customer… Source link

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Google Cloud launches a managed Spark service – TechCrunch

At its Cloud Next event, Google today announced the launch of Spark on Google Cloud as a fully managed service. With this, the popular open-source data processing engine will become a premium offering on Google Cloud. “With this innovation, Spark finally arrives in the cloud-native world,” said Gerrit Kazmaier, Google’s VP & GM for Database, Data Analytics & Looker. “It allows data engineers and data scientists to work with Spark without worrying about cluster end… Source link

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Google goes all in on hybrid cloud with new portfolio of edge and managed on-prem solutions – TechCrunch

Today at Google Cloud Next, the company’s annual customer conference, Google announced a broad portfolio of hybrid cloud services designed to deliver computing at the edge of Google’s network of data centers, in a partner facility or in a customer’s private data center — all managed by Anthos, the company’s cloud native management console. There’s a lot to unpack here, but Sachin Gupta, Google’s GM and VP of Product for IaaS, says the strategy behind… Source link

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