Alibaba Group Holding Ltd (NYSE: BABA) is trading higher Monday morning after China fined food delivery giant Meituan $534 million for antitrust violations, which increased investor optimism that China’s regulation on their large tech companies is easing. China technology stocks listed in Hong Kong rallied following the announcement as the $534 million fine was not as large as expected. Jefferies analysts said the antitrust fine has removed an “overhang” over Meituan. “We believe the SAMR… Source link

Google TV is making finding something to watch in a multiuser household a whole lot less chaotic by adding custom profiles, watchlists, and personalized Google Assistant help. Previously, Google TV supported the ability to sign into multiple Google Accounts to be able to use services with more than one account. But content suggestions, the watchlist feature, and Google Assistant functionality were all based on the activity of the primary account holder. With personalized profiles, every… Source link

Reddit announced today that it has hired Pali Bhat, the former vice-president of product and design at Google Cloud, as the company’s first Chief Product Officer. Bhat will be tasked with overseeing Reddit’s product organization and leading the development of tools and features for the platform. In his new role, Bhat will report directly to Reddit CEO Steve Huffman. Bhat will lead and facilitate the creation of tools and features focused on bringing… Source link

(Bloomberg) — U.S. futures dropped with European stocks as the highest oil prices since 2014 stirred fears that a spreading energy crunch will derail the global pandemic recovery. Most Read from Bloomberg West Texas Intermediate crude rose past $80 a barrel and China’s coal futures reached a record as flooding shuttered mines. European equities were modestly lower, with declines led by travel companies. U.S. contracts also slipped, with those on the tech-heavy Nasdaq 100 underperforming the… Source link

Google says “it’s time” to now bring its mysterious Fuchsia operating system to “additional smart devices and other form factors” beyond smart displays, according to a number of job listings first spotted by 9to5Google. Fuchsia is Google’s newest operating system which was released earlier this year for the company’s first-generation Nest Hub. There’s been a lot of speculation about Google’s plans for Fuchsia, which unlike Android and Chrome OS doesn’t use a Linux… Source link

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 Monday, October 11, 2021 Funny (or sad, depending on how you look at it) short story from this past week that will inspire you to (hopefully) scrutinize your portfolio as we head into 2022.  I enjoy grocery shopping, really ever since I raised hell down the canned-goods aisles with my mom as a kid. The thrill of finding that perfect looking steak… Source link

Russian tech giant Yandex is buying the e-scooter rental operations of Wind in Israel. Yandex already operates the Yango taxi hailing and delivery service in Israel and is currently expanding into other operations. Yandex also today announced that former Partner deputy CEO Yuval Keinan is to head its Israel operations. Yandex is also developing an autonomous vehicle for deliveries and Wind’s operations may complement its Yango delivery service by allowing staff making… Source link

Between the Pixel 3, Pixel 4A, Pixel 5 and Pixel 5A, which Google phone makes sense to buy now? Angela Lang/CNET … Source link

Google seems poised to announce a new subscription bundle called “Pixel Pass,” which would combine a new Pixel device with an extended warranty and premium subscriptions for several Google services. The unconfirmed bundle has been detailed in a leaked image published by Brandon Lee. It’s unclear how much Pixel Pass would cost, but the documents suggest it will be sold via Google Fi and the Google Store alongside the purchase of a Pixel device. As Lee notes, Pixel Pass appears to… Source link

BeInCrypto – The Bitcoin network hit a new milestone on Oct. 6, settling $31 billion in transactional value. The new all-time high caps off an incredible rise in settlement value since the start of the year. The bitcoin network settled a record $31 billion in a single day on Oct. 6, 2021. This marks a new all-time high for settlement numbers on the network. For some perspective, this represents a 40x jump in settlement value since the start of 2020. Since then, however, there has been a… Source link