The 10th anniversary of the death of legendary Apple (AAPL) CEO Steve Jobs on Tuesday brought a memorial from the company and a note of remembrance from current CEO Tim Cook.  The day also saw the release of a new business memoir entitled, “Play Nice But Win,” from Dell Technologies (DELL) Chairman and CEO Michael Dell, a longtime rival of Jobs in the high-profile and high-stakes battle between the PC and the Mac. But the competition hasn’t stopped Dell from admiring Jobs. In a new interview,… Source link

Michael Short/Bloomberg via Getty Images Around a dozen Google engineers are helping Swedish start-up Normative to build a new carbon emissions tracker. The emission counting software is designed to help businesses calculate their environmental footprint. It does this by analyzing all the transactions in a company’s accounting systems, including energy bills, business travel, raw material purchases and many other small items that businesses would often ignore. “Essentially what gets measured… Source link

The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year. A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence. So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the… Source link

Google plans to invest up to $50 million in African early and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent. Google made known its plans today in a virtual event where CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in tech-led initiatives in Africa. These initiatives range from improved connectivity via Google’s subsea cable Equiano to investments in small… Source link

LAGOS, Oct 6 (Reuters) – Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital transformation, it said on Wednesday. The unit of U.S. tech company Alphabet Inc (GOOGL.O) made the announcement at a virtual event where it launched an Africa Investment Fund, through which it will invest $50 million in startups, providing them with access to its employees, network and… Source link

The developing world represents the best chance of growth for large internet companies, and today one of the very biggest set out its strategy for how it plans to tackle that. Google said that it would be investing $1 billion to support “digital transformation” across Africa. This will include landing a subsea cable into the continent to enable faster internet speeds, low-interest loans for small businesses, equity investments into African startups, skills… Source link

(VIANEWS) – Yandex (YNDX), Axcelis Technologies (ACLS), NMI Holdings (NMIH) are the highest sales growth and return on equity stocks on this list. Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option? 48.3% sales growth and 4.4% return on equity Yandex N.V., an Internet and technology company, provides Internet search engine in Russia and internationally. … Source link

It’s the collaboration consumers never knew they needed: a breakfast cereal based on a sweet treat made from a fast-food giant. Kellogg’s (K) and Wendy’s (WEN) are teaming up for the Frosty Chocolatey Cereal. The two brands announced the dessert turned breakfast meal on Tuesday — but consumers will have to wait until December to take a spoonful of the chocolatey collaboration, when it’s set to hit retailers’ shelves nationwide.  And the crispy, cocoa-coated round cereal bites, combined… Source link

The Education Department (ED) is rolling out a series of major changes to a notoriously troubled Public Service Loan Forgiveness (PSLF) program for student loan borrowers in public service. “Borrowers who devote a decade of their lives to public service should be able to rely on the promise of Public Service Loan Forgiveness,” Secretary of Education Miguel Cardona said in a press release. “The system has not delivered on that promise to date, but that is about to change for many borrowers… 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 Wednesday, October 6, 2021 It’s true: We are ‘in trouble no matter what’ We’ve now entered the phase of the (perpetually) tortured debate over the debt ceiling that invokes apocalyptic economic imagery, namely “recession” and “default.” With just under two weeks to go before the pivotal Oct. 18 deadline, Treasury Secretary Janet Yellen… Source link