Friday’s single-game Yahoo slate kicks off with a quarter-finals matchup between Croatia and heavily-favored Brazil (70 percent to win). The implied goal total sits at nearly three goals, so bettors expect considerable scoring action in most cases. Although the ultimate outcomes were the same, these teams experienced very different match styles during Monday’s Round of 16 games. While Brazil should be well-rested after dispatching South Korea by a score of 4-1, Croatia could conceivably… Source link

Google plans to combine the teams working on its Maps product and on Waze, a mapping service that Google acquired in 2013. The merger comes as the search engine giant feels the pressure to cut costs and consolidate operations, reports The Wall Street Journal. Waze’s team of 500 employees will fall under Google’s Geo organization, which oversees Maps, Earth and Street View, starting Friday. Neha Parikh, Waze’s current CEO, will leave her role. Google told WSJ… Source link

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GameStop (GME): The retailer missed on both the top and bottom lines as sales declined amid a gaming slowdown. Third-quarter net sales of $1.19 billion were down 8.5% from a year ago, driven by a 19% drop in software sales. GameStop reported losses of $94.7 million in the third quarter, its seventh quarterly loss in a row. Inventory was $1.13 billion, compared with $1.14 billion a year ago. Shares rose as much as 4% in extended trading on Wednesday. Rent the Runway (RENT): The company raised… Source link

The judge who presided over the criminal fraud trials of Theranos founder Elizabeth Holmes and her co-defendant and one-time boyfriend, Theranos COO and president Ramesh “Sunny” Balwani, sentenced Balwani on Wednesday to nearly 13 years in prison plus three years of probation. “They misled investors, they misled patients,” U.S. District Court Judge Edward Davila said during Balwani’s sentencing hearing in San Jose, California, according to NBC News. “I think it’s just that enduring… Source link

The Pentagon building in Washington, D.C. Staff | AFP | Getty Images The Pentagon said Wednesday that Amazon, Google, Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on multiple providers of remotely operated infrastructure technology, as opposed to relying on a single company, a strategy promoted… Source link

Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

Securities & Exchange Commission Chair Gary Gensler suggested Wednesday in an exclusive interview with Yahoo Finance Live failed crypto exchange FTX violated securities laws by using customer assets to trade at its affiliated hedge fund, Alameda Research. “I can’t speak to any one case or any one situation, but our securities laws say that you need to properly segregate customer funds,” Gensler said. “You also shouldn’t be running a broker dealer or a hedge fund, and an exchange. The New York… Source link

Notice of Annual General Meeting of Shareholders of Yandex N.V. We hereby inform you that Yandex N.V. (Yandex, or the “Company“) will hold its Annual General Meeting of Shareholders (“AGM“) on December 22, 2022, beginning at 15.00 Amsterdam time by webcast available at www.meetnow.global/M7JYRXGin accordance with Dutch Temporary Act COVID-19 Justice and Safety (Tijdelijke wet COVID-19 Justitie en Veiligheid) (the “Temporary Act COVID-19“). … Source link