Monthly Archives: August 2022

The case for a government oil company

The case for a government oil company

Should the U.S. government get into the oil and gas business? Absolutely not! This is a capitalist country and …. Wait, maybe it makes sense. Since 1975, the United States has bought and sold oil for the strategic petroleum reserve, a national stockpile established for times of emergency. This year, President Biden has authorized the release of 180 million barrels of oil—one fourth of the total—to help combat gasoline prices that soared to a peak of $5.02 per gallon after Russia invaded… Source link

Read More »

JetBlue CEO sees ‘extremely strong’ demand, no ‘domination’ if it acquires Spirit

JetBlue CEO sees ‘extremely strong’ demand, no ‘domination’ if it acquires Spirit

JetBlue CEO Robin Hayes sees no loss in altitude for consumer demand headed into the back half of the year, despite swirling recession fears and disappointing financial results from the airline. “Demand remains extremely strong,” Hayes said on Yahoo Finance Live Tuesday. “We continue to see extremely strong demand [into the fourth quarter.]” The bullish take from Hayes comes as JetBlue shares fell 6% on Tuesday’s session after higher costs for labor and fuel weighed on second quarter… Source link

Read More »

Ordinary computers can beat Google’s quantum computer after all | Science

Ordinary computers can beat Google’s quantum computer after all | Science

If the quantum computing era dawned 3 years ago, its rising sun may have ducked behind a cloud. In 2019, Google researchers claimed they had passed a milestone known as quantum supremacy when their quantum computer Sycamore performed in 200 seconds an abstruse calculation they said would tie up a supercomputer for 10,000 years. Now, scientists in China have done the computation in a few hours with ordinary processors. A supercomputer, they say, could… Source link

Read More »

Google Tests More Local Service Ads In SERPs

Google Tests More Local Service Ads In SERPs

Google is testing more local service ads per set of search results, with three ads on a page instead of two. Ginny Marvin, Google’s Ads Liaison, confirms the test saying the aim is to increase consumer confidence in LSAs: To confirm, this is an experiment. We’re running a small test to see the value to consumers and providers of providing one additional service provider in the Local Services Ad unit. The aim is to help consumers discover and book services from trusted providers with… Source link

Read More »

Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin

Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin

MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy. Phong Le, the company’s president, will take over in the CEO role. MicroStrategy reported quarterly results that were light of Wall Street estimates on Tuesday, with revenue coming at $122.1 million against expectations for $126 million. Losses in the quarter totaled $918.1 million, with $917.8 million… Source link

Read More »

Stock futures sink ahead of earnings, Pelosi trip

Stock futures sink ahead of earnings, Pelosi trip

Stocks finished lower on Tuesday following a volatile trading session that saw the Nasdaq gain over 1% at its highs and the Dow ultimately lose more than 1%. When the closing bell rang on Tuesday, the S&P 500 was down 0.66%, the Dow off 1.22%, and the Nasdaq down 0.16%. Stocks opened Tuesday’s session lower with traders citing rising U.S.-China tensions amid House Speaker Nancy Pelosi’s trip to Taiwan as the source of market stress. Stocks around the globe were lower overnight on Tuesday ahead… Source link

Read More »

Google Launches Updated Google Tag Process to Help Businesses Track Site Performance

Google Launches Updated Google Tag Process to Help Businesses Track Site Performance

With changes coming to cookie tracking, marketers need to ensure that they’re updating their approach to digital tagging, in order to track performance as best they can through the latest processes and tools. For this purpose, Google has continued to improve its Tag Manager platform by adding in more types of available tagging options to help you keep track of your program in one centralized space. And now, Google’s adding a new Google tag update, which will enable marketers to utilize… Source link

Read More »

Yahoo DFS Baseball: Tuesday Picks

Yahoo DFS Baseball: Tuesday Picks

This article is part of our Yahoo DFS Baseball series. Tuesday has the potential to be wild. Not only is it the trade deadline, but there are 16 games on the schedule. With players potentially being on the move, it will be important to wait for lineups to be released before entering your DFS lineups. Among the matchups that figure to be locked in is Jameson Taillon against Logan Gilbert for when the Yankees host the Mariners. Strikeout machine Spencer Strider is also scheduled to… Source link

Read More »

Browns fans cheer Deshaun Watson after suspension announced

Browns fans cheer Deshaun Watson after suspension announced

James Washington was supposed to help soften the blow of the offseason departure of Amari Cooper. Now he’ll have to wait to make his Dallas Cowboys debut. The fifth-year wide receiver who joined the Cowboys from the Pittsburgh Steelers as a free agent sustained a foot fracture at training camp on Monday. He needs surgery and is expected to miss up to 10 weeks, according to multiple reports. His absence will further stretch a Cowboys receiving corps that expected to start Week 1 against the Source link

Read More »

Rumble’s antitrust lawsuit against Google can proceed, says judge

Rumble’s antitrust lawsuit against Google can proceed, says judge

A California judge says video service Rumble can proceed with the early stages of an antitrust suit against Google. Rumble sued Google in 2021, alleging that it favored its own YouTube video platform in search results and the Android operating system. Google urged the court to split the suit’s arguments and dismiss substantial parts of the reasoning as well as strike parts of the suit related to Android app preinstallation. Judge Haywood Gilliam declined to do so late last week, putting… Source link

Read More »