Robinhood’s (HOOD) revenue based on crypto transactions skyrocketed in the 2nd quarter, with more than 60% of its users trading digital currencies. However the company warned of lower revenue expectations for the third quarter. Shares fell about 5% in after hours.  “For the three months ended Sept 30, 2021, we expect seasonal headwinds and lower trading activity across the industry to result in lower revenues and considerably fewer funded accounts than in the prior quarter” read the… Source link

A Tesla sedan is shown after it struck a parked Laguna Beach Police Department vehicle in Laguna Beach, California, U.S. in this May 29, 2018 handout photo. (Image: Reuters) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe The National Highway Traffic Safety Administration’s probe into 11 crashes of Teslas (TSLA) using the company’s… Source link

Robinhood (HOOD) shares were up more than 7% by mid-session ahead of the trading platform’s first earnings report since becoming a public company. The results are highly anticipated given its retail user base and the stock’s wild ride following its IPO. This is what the Street is expecting, based on estimates compiled by Bloomberg.  Adjusted earnings (loss) per share: -.26 cents Revenue: $559.5 million In line with the company’s “democratize finance for all” theme, the trading platform has… Source link

As Fortnite creator Epic Games continues its global legal battle against Apple and Google over in-app payments, the Australian Competition and Consumer Commission says “upfront rules and regulations” may be needed to force the tech giants to open their app stores to greater competition. For Apple iOS platforms, developers must use the App Store, while for Google, apps can be installed on Android devices outside the Play store either through direct download or alternative marketplaces, but… Source link

Krispy Kreme (DNUT) will look to take a price increase in September as it battles to protect margins from higher costs for key commodities such as edible oils and sugar.  CEO Mike Tattersfield said on Yahoo Finance Live the price hikes won’t be exorbitant, owing likely to the price sensitive consumer that frequents the donut-hawking brand.  “We are really disciplined on pricing. We are a dozens business, so we do always pay attention to an accessible price point. So when you think about the… Source link

Satellite operator Planet Labs is beefing up its existing partnership with Google Cloud. Under a new agreement, Planet customers can use Google Cloud to store and process data, and access Google’s other products such as its data analytics warehouse BigQuery. The two companies’ collaboration stretches back to 2017, when Google sold its satellite imaging business, Terra Bella, to Planet. As part of the sale agreement, Google also signed a multi-year contract with Planet to license… Source link

In the engine room that powers its dominant search service, Google recently flipped the switch on a powerful new tool. According to the search giant, the new technology — a large-scale AI model known as MUM — could one day turn internet search into a far more sophisticated service, acting like a virtual research assistant as it sifts the web for solutions to complex questions. But the company’s critics warn that this comes with a clear risk: that it will accelerate a… Source link

Google Fuchsia and Flutter View more stories Google’s up-and-coming Fuchsia OS has reached another milestone. According to a report from 9to5Google’s Kyle Bradshaw (the Internet’s premiere Fuchsia resource), the new OS is rolling out to all first-gen Google Nest Hubs. The OS launched in May but only to a select few devices in the preview program. The first-gen Google Nest Hub (which launched as the “Google Home Hub” and was later renamed)… Source link

The Health Insurance Portability and Accountability Act — otherwise known as HIPAA — has become a major topic of discussion amid the rollout of COVID-19 vaccines as some individuals who have been asked about their vaccination status claim that the question is a violation of HIPAA.  For example, when asked about his vaccination status, Dallas Cowboys Quarterback Dak Prescott said: “I don’t necessarily think that’s exactly important. I think that’s HIPAA.” Congresswoman Marjorie… Source link

Google Calendar already lets you specify your working hours and earlier this year added support for split schedules. Google is now letting users share day-to-day locations in Calendar amid the increase of hybrid work environments. Starting August 30, 2021, you’ll be able to indicate where you’re working from directly on your calendar. You can add a weekly working location routine and update your location as plans change. It’s up to you whether you want to “Enable working… Source link