Monthly Archives: March 2022

Ex-Google CEO funneled money into the White House science office

Former Google CEO Eric Schmidt’s foundation poured money into the White House Office of Science and Technology Policy over the past year, according to a report from Politico. The foundation’s close ties with the office raised ethics concerns with internal watchdogs. Schmidt held a number of roles at Google and parent company Alphabet, including CEO, executive chairman, and technical advisor. He stepped down from that last role in 2020. Now, he sits on the boards and invests in tech… Source link

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White House proposes minimum tax on billionaires for ‘fairer tax system’

On Monday, the White House formally proposed a new minimum tax on billionaires. The proposal is sure to generate fierce opposition from Republicans and others and would include a minimum rate for all Americans with a wealth of more than $100 million. If enacted, the minimum rate would be 20% of this group’s total annual income. Unrealized gains — such as unsold stocks and bonds — would be included in the total. In a statement announcing the provision that comes as part of its budget… Source link

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Nvidia is the most important tech company on planet: analyst

Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most technology company today,” said Evercore ISI analyst C.J. Muse in a new note on Monday. The analyst reiterated an Outperform rating on Nvidia with a $375 price target. Shares of Nvidia rose slightly in afternoon trading Monday to $277. Muse’s upbeat take on Nvidia comes hot on the heels of the company’s closely watched analyst day, where it held nearly 1,000 sessions that included more… Source link

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Google issues urgent warning for Chrome users

CINCINNATI (WXIX) – Google issued an urgent warning Friday imploring all chrome users to update their browsers now. The tech giant issued a security update and confirmed attackers are exploiting a severe vulnerability. Typically, when technology updates are available, they contain bug fixes, but this problem is so pressing that the update resolves just one thing. FOX19 NOW Tech Expert Dave Hatter said it should indicate the urgency. “So deep down inside your web browser. There are all these… Source link

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A microtransit startup that wants to ‘make core transit routes stronger’

Is it a bus? Is it an UberPool? Not quite. It’s microtransit. The future of transit is bigger than your car yet fits in the palm of your hand. The Routing Company partners with cities to offer apps that provide on-demand shuttles and buses that promise to meet commuters where they are at the push of a button. Its focus is better coverage, efficiency, equity and convenience for riders. The startup competes against ride-sharing firms like Uber, which just announced a deal with New York City… Source link

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Why Did Your Google Business Profile Get Suspended?

Having a Google Business Profile (GBP) is the best way for a local business to rank high on Google – in the Local Pack, the Local Finder, and on Google Maps. And for many of these local businesses, having a Google Business Profile is often their only local SEO strategy and the one way they promote their business online. So when a business logs in to the Business Profile Manager or sees on Google search that their Google Business Profile is suspended, and their phone stops ringing, they go… Source link

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Google Trusted Store badge for merchants with excellent shipping and returns services

Earlier we reported about the Google Shopping experience scorecard where Google said it would reward merchants that provide an “excellent customer experience” with “a boost in rankings,” “a badge” and “other benefits that will help consumers find your business,” within the Google Shopping tab in Google Search. Google now announced this reward is through the “Trusted Store badge” that can be seen on free Google Shopping listings. Google said… Source link

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Is the bull market over? Probably not, strategist says

Although the S&P 500 (^GSPC) has yet to return to the peaks it reached around the turn of the new year, the stock market has recently gained traction to bounce back from mid-March lows. LPL Financial (LPLA) Chief Market Strategist Ryan Detrick provided some context surrounding the current state of the market with regard to bull markets seen in prior decades. “We looked at 11 bull markets since World War II. Once they got to the third year, three of those 11 actually died. In other words, a… Source link

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Hasbro activist investor Alta Fox: we are stunned

With Hasbro’s stock (HAS) hovering at a 52-week low, the battle with its new activist investor Alta Fox Capital is heating up. Alta Fox founder Connor Haley tells Yahoo Finance his firm — a 2.5% holder in Hasbro — has been rebuffed in its effort to reach a settlement. “We’ve got a world class slate of advisers, and they are all collectively stunned at the level of entrenchment of the current Hasbro board. I think we went well out of our way to offer a beyond reasonable settlement,” Haley… Source link

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