Google’s Pixel 6 is shaping up to be the company’s most ambitious smartphone in years, largely due to the new, custom-designed Tensor processor, which aims to catapult Google to the forefront of the smartphone market with the power of Google’s years of machine learning experience. And Google needs it: despite the popularity of Pixels in tech circles, its phones just aren’t popular sellers in the US, barely moving the needle compared to juggernauts like Samsung and Apple or even

The upward movement we’re seeing in prices is not transitory and big tech will suffer from it, says one financial adviser.  “Wages are going up and typically what happens is they just don’t go down over time. So they don’t temporarily go up and go back down,” Chris Payne of Payne Capital Management told Yahoo Finance Live. “Even if you’re going out to the grocery store, things are just more expensive. So not only do I think inflation is not transitory, I think it’s here to stay. And I… Source link

With the 7-day average of COVID-19 deaths in the U.S. currently at 350 and rising, public health experts are arguing that recent deaths were largely avoidable due to widespread availability of effective vaccines. “For me as a physician, this is a national tragedy,” University of Alabama at Birmingham Associate Dean for Global Health Dr. Michael Saag said on Yahoo Finance Live (video above). “These deaths are largely preventable, and from a public health perspective, that’s inexcusable… Source link

Retail legend Mickey Drexler — known for making Gap cool in the late 80s and early 90s and then reviving J.Crew in the early 2000s as CEO —apparently didn’t pull any punches in a chat with Kanye West on whether the music icon and celebrated clothing designer should partner up with Gap.  “I probably shouldn’t say this but I told him he shouldn’t do the deal because it doesn’t make any sense in my opinion,” said Drexler, now the CEO of specialty apparel retailer Alex Mill, exclusively on Source link

Google’s revised cryptocurrency ads policy went into effect Tuesday, restricting the type of companies that can send ads through its advertising platforms. The company revised its policies in June, and said it would allow companies to begin sending ads through its system in August 2021. The updated policy, intended to … Source link

The Federal Reserve’s number two official said Wednesday that if the U.S. economic recovery progresses as he expects, the central bank could launch its first post-COVID 19 rate hike at the beginning of 2023. Richard Clarida, the Fed’s vice chairman, said that “upside” risks to higher inflation and his expectation for a steady labor market recovery would signal an economy that could be ready for higher short-term interest rates in over a year. Clarida said that he could support lifting… Source link

(Bloomberg) — Grocery delivery giant Instacart Inc. has hired another Facebook Inc. veteran as it shakes up its executive ranks and adds more women to its C-suite ahead of a highly anticipated initial public offering. Carolyn Everson, 49, will serve as president and oversee a wide range of Instacart’s operations including retail, advertising, business development, human resources, legal and partnerships, the company said in a statement. She will begin her new role on Sept. 7. Everson, who… Source link

“I’ve had the privilege of working with Carolyn for a decade and know just how lucky we are to have her leadership and talent at Instacart. Carolyn’s an industry legend, best known for cultivating strong, trusted relationships that drive strategic value for partners. At Instacart, partnerships and relationships are at the heart of everything we do. With more than 600 retail partners and thousands of advertisers helping power our marketplace, Carolyn’s unmatched experience and authenticity… Source link

The big shareholder groups in Yandex N.V. (NASDAQ:YNDX) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. With a market capitalization of US$24b, Yandex is rather… Source link

Dive Brief: AES will partner with X, Google’s research and development arm, on electric grid virtualization tools that will help support the corporation’s transition to renewable energy.  The partnership will develop technology to simulate and virtualize AES’ distribution grids in Indiana and Ohio, giving operators a better real-time view of the grid and supporting long-range planning. AES Chief Product Officer and Senior Vice President Chris Shelton said the… Source link