LeBron James is officially a billionaire. The Los Angeles Lakers star is worth an estimated $1 billion, according to Forbes, which makes him the first active NBA player to join the billionaire club. The only other basketball player to be worth 10 figures is Michael Jordan, who earned that moniker 11 years after he retired when his stake in the Charlotte Hornets increased to 89.5 percent in 2014. While James has earned more than $385 million in pretax salary during his 19-year NBA career, per… Source link

South Korean app developers and content providers are upping their paid subscription and service fees on Google’s Play marketplace due to the heavy 15-30% commissions now required following Google’s policy changes that force apps to use its own first-party billings and payments system. While South Korean law permits app developers to use a third-party payment option, this only reduces Google’s commission by 4% — and that’s not enough, developers… Source link

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. Most Read from Bloomberg “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference Thursday. “The confluence of the number of shocks to the system to me is unprecedented.” Waldron’s comments echoed the… Source link

KFC (YUM) is continuing its partnership with rapper (and Kentucky native) Jack Harlow. On Tuesday, the fast food chain announced the new “Jack Harlow Meal,” which will drop at KFC locations nationwide beginning June 6. The combo meal, hand-selected by Harlow himself, includes the brand’s spicy chicken sandwich, mac & cheese, secret recipe fries, a side of ranch, and a lemonade. “From releasing ‘Come Home the Kids Miss You’ and now launching my own meal at KFC, I’m having a super blessed… Source link

Placeholder while article actions load The rising Hindu nationalist movement that has spread from India through the diaspora has arrived inside Google, according to employees. In April, Thenmozhi Soundararajan, the founder and executive director of Equality Labs — a nonprofit that advocates for Dalits, or members of the lowest-ranked caste — was scheduled to give a talk to Google News employees for Dalit History Month. But Google employees began spreading disinformation, calling her… Source link

  U.S. stock futures advanced in pre-market trading Thursday after renewed concerns over the economy evoked a downbeat start to June. Investors look ahead to several key employment reports before markets open. Contracts on the S&P 500 rose 0.5% after a choppy previous trading day, while futures tied to the Dow added 130 points, or about 0.4%. Nasdaq futures pushed 0.6% higher. So far this holiday-shortened week, all three major indexes have logged two straight days of losses after last week’s… 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 Thursday, June 2, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Fear and greed are universal to the human condition. And the fear and greed of the herd — a/k/a retail traders — is currently swinging far to the fear side. This may be good news, as the herd is often… Source link

Ever think about how much Google knows about you? You don’t have to wonder. Sign in to your Google account and check this page to see exactly what the search giant thinks you’re interested in. It’s not just search. Your Gmail inbox, Google Drive files, Maps history, YouTube views, and much more are added to the dossier of info on you. Here’s a buried Google Maps setting you should change right now. While this type of data collection is par for the course these days, you can delete… Source link

Yandex (NASDAQ:YNDX – Get Rating) saw some unusual options trading on Wednesday. Investors purchased 1,814 put options on the stock. This is an increase of 1,437% compared to the average volume of 118 put options. Institutional investors have recently bought and sold shares of the stock. UMB Bank N A MO acquired a new stake in Yandex during the fourth quarter worth about $48,000. National Bank of Canada FI acquired a new stake in Yandex during the fourth… Source link

Russian companies have been plunged into a technological crisis by western sanctions that have created severe bottlenecks in the supply of semiconductors, electrical equipment and the hardware needed to power the nation’s data centres. Most of the world’s largest chip manufacturers, including Intel, Samsung, TSMC and Qualcomm, have halted business to Russia entirely after the US, UK and Europe imposed export controls on products using chips made or designed in the US or Europe…. Source link