Alphabet CEO, Larry Page.  Emmanuel Dunand | AFP | GettyImages Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the coronavirus pandemic, the New Zealand government confirmed to CNBC Friday. Page, 48, applied for New Zealand residence in November 2020 via the nation’s “Investor Plus” residency visa but the application was unable to be processed because he was offshore at the time. The visa, which requires applicants to… Source link

Calvey, the founder of Russia-focused private equity group Baring Vostok, was detained along with other executives in early 2019 on charges of embezzlement linked to mid-sized lender Vostochny. He and the executives deny the charges. “The court, unfortunately, didn’t or couldn’t understand substance of the case with no victim, no damage and no beneficiary,” Calvey told reporters outside the court after the more than 12-hour-long sitting was over. Calvey will not… Source link

When summer began, there was a sense of hope among parents, students, and teachers that the new school year would be far different than the previous one. However, the Delta variant of COVID-19 has replaced that sense of hope with a sense of foreboding. Despite her apprehension, Weingarten assured parents that children would be in the classroom this year.“We are preparing to be fully in school all across the country. I want to assure parents of that. Teachers are … rolling up their… Source link

Form Energy’s recent announcement about its new iron-air battery could be a major leap forward in the transition to renewable electricity.  “We set out about four years ago to develop the kind of battery that it would take to enable a fully renewable and reliable electric grid,” Mateo Jaramillo, CEO and co-founder of Form Energy and former head of battery development at Tesla, said on Yahoo Finance Live (video above). “A few years later, a lot of hard work, some fantastic breaks going… Source link

By Jessica DiNapoli NEW YORK (Reuters) – The U.S. Securities and Exchange Commission approved a proposal from stock exchange operator Nasdaq Inc that requires its listed companies to have diverse boards, or explain why they do not. The proposal requires that companies have two diverse directors, including one who identifies as female and another as an underrepresented minority or LGBTQ+, or explain why they do not. Companies also have to publicly disclose the diversity of their boards. “These… Source link

Novavax (NVAX) announced Thursday it would have to push back its COVID-19 vaccine emergency use authorization (EAU) filing with the FDA by about one month, once again, this time due to manufacturing quality concerns. CEO Stanely Erck told Yahoo Finance Novavax itself did not delay the filing. Instead, he said, outside firms that the company was directed to work with by Operation Warp Speed — the former government program launched under the Trump administration to fund six vaccine candidates… Source link

Google recently announced its Tensor SoC for its upcoming Pixel 6 flagship phones. Google This past week, Google announced its upcoming Tensor SoC, supported by a blog from Google Hardware lead Rick Osterloh detailing how the SoC will impact Google’s Pixel 6 and Pixel 6 Pro flagship phones. Interestingly, though Osterloh’s blog mentions AI four times, it never once mentions 5G—the primary selling point for phones these days. This is likely because Google’s biggest strength is… Source link

A better-than-expected jobs report for July shows the economy may soon be ready to run with reduced support from the Federal Reserve. Data from the U.S. Bureau of Labor Statistics released Friday morning showed 943,000 non-farm payroll gains last month, with the unemployment rate falling to 5.4%. The economy continues to inch closer to pre-pandemic shape. In the depths of the economic shutdown, employment levels dropped by as much as 22.4 million. As of July 2021, the economy appeared to… Source link

After the July jobs report showed the biggest employment increase in almost a year, the Biden administration is urging Americans to get vaccinated to stave off health and economic threats posed by the Delta variant.  “[We] can’t let this get out of control,” U.S. Labor Secretary Marty Walsh said in an interview with Yahoo Finance Live. “We’re at a certain fragile point in our economy right now. Things are moving in the right direction. People are traveling. Tourism is picking up…. Source link

Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained by CNBC. Beginning in 2018, Google spent more than $389 million on land in north San Jose, Calif., and the company has since filed detailed preliminary proposals showing a sneak… Source link