Google is abandoning plans to pitch bank accounts to its users, marking a retreat from an effort to make the tech giant a bigger name in finance. The Alphabet Inc. GOOG 1.66% unit announced almost two years ago that users of its Google Pay digital wallet would be able to sign up for enhanced checking accounts and debit cards at a handful of financial institutions large and small, including Citigroup Inc. … Source link

Liberal Democrats think they’re having a moment. They’re tying up President Biden’s legislative agenda because it doesn’t tax the rich enough or lavish adequate spending on the needy. Since Democrats have tiny majorities in both the House and Senate, a few defectors can squash Biden’s entire plan. Liberals are reveling in their leverage. They shouldn’t be. The so-called progressive wing of the Democratic party may have enough heft to block action, as it has with the so-called… Source link

(Bloomberg) — Most Read from Bloomberg Bitcoin jumped, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally that followed the largest monthly decline since May. The largest cryptocurrency by market value rose as much as 10% to $47,884 early in New York trading before paring gains. Ethereum, Litecoin and EOS also jumped, with the Bloomberg Galaxy Crypto Index rising as much as 8.9%. Bitcoin had slumped 7.6% in September amid… Source link

SoftBank-backed Indian hotel chain Oyo Hotels on Friday filed for a public offering, just two days after trendy eyeglass unicorn Warby Parker (WRBY) went public on the New York Stock Exchange. The flurry of activity has become commonplace during a record-breaking surge of IPOs this year that’s seen buzzy offerings from the likes of Robinhood (HOOD), Coinbase (COIN), and 23andMe (ME). In a new interview, Suzanne Shank — president and CEO of investment bank Siebert Williams Shank — said the… Source link

A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration Google challenging record $5 bln EU fine in court case Consumers use Google because it’s the best – Google lawyer EU lawyer says Google stacked the odds in its favour LUXEMBOURG, Oct 1 (Reuters) – Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer said on Friday, wrapping up a… 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

Demis Hassabis, co-founder of Google’s artificial intelligence (AI) startup DeepMind. Jeon Heon-Kyun | Getty Images LONDON — Alphabet’s Google and sister firm DeepMind are facing legal action for the way in which they obtained and processed over a million patient health records without consent in the U.K.  British law firm Mishcon de Reya told CNBC Friday it had filed a claim with the High Court on behalf of Andrew Prismall and roughly 1.6 million other individuals whose medical records were… Source link

By Rachel Metz, CNN Business Google Maps is making it easier to find the latest information about wildfires as part of a push to ensure the immensely popular app is more useful during emergencies. On Wednesday, Google said it’s adding a new wildfire layer to Google Maps, which users will be able to turn on to see the latest details about multiple fires at once. This can be essential during fire season when many fires may burn simultaneously. The new layer will show “most major… 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 Friday, October 1, 2021 Brace yourselves: Winter is coming With all that’s been going on in the market lately, it’s easy to forget there’s a debilitating virus still encircling the world — and it still poses serious risks. The biggest economic takeaway from the current COVID-19 landscape is that it’s playing a very acute role in the… Source link

Google Chrome is under attack again, as the tech giant issues another significant release in … [+] September to prevent hackers exploiting the flaws more widely. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto via Getty Images Google has updated Chrome to deal with fresh attacks on its browser, with three vulnerabilities patched, the tech giant wrote in a blog on Thursday. Two of the weaknesses were known to have been abused by hackers “in the… Source link