DraftKings (DKNG) shares slid on Monday as Wall Street analysts downgraded the stock to Underweight amid a bleaker-than-expected outlook for the online gambling company in 2023. “We suggest investors rotate out of DraftKings and Penn Entertainment (PENN) which we are downgrading today,” JPMorgan analyst Joseph Greff wrote in a research note published Monday. “For DKNG, we see a longer runway and more risk to achieving [online sports betting] profitability than its peers and with the… Source link

Adoree’ Jackson, the New York Giants‘ No. 1 cornerback, sprained his MCL in Week 11 returning a punt in a loss to the Detroit Lions. The injury will keep him out for several weeks. Jackson, though, has no regrets. “Yeah that unfortunate event, that happened. But at the end of the day, I’m a competitor. I felt like I know when I get the ball in my hands, I can make something special happen,” said Jackson, who spoke with Yahoo Sports on behalf of his new package insurance business “PorchPals,”… Source link

The Federal Trade Commission and state attorneys general announced lawsuits against Google LLC and iHeartMedia, Inc. for airing nearly 29,000 deceptive endorsements by radio personalities promoting their use of and experience with Google’s Pixel 4 phone in 2019 and 2020. The proposed FTC orders and the state judgments settling the allegations bar Google and iHeartMedia from similar misrepresentations, and the state judgments also require them to pay $9.4 million in penalties. “Google… Source link

The Federal Trade Commission and seven state attorneys general sued Google LLC and iHeartMedia, Inc. today for airing nearly 29,000 deceptive endorsements by radio personalities promoting their use of and experience with Google’s Pixel 4 phone in 2019 and 2020. Today’s proposed FTC orders and the state judgments settling the allegations bar Google and iHeartMedia from similar misrepresentations, and the state judgments also require them to pay $9.4 million in penalties. “Google and… Source link

COMPUTER SCIENCE ALUMNI JASON LIN. PHOTO/COURTESY OF JASON LIN. Canadian-born Jason Lin was raised in Hong Kong but grew up all over the world. His love for sciences, math and business has led to a successful career working with  Google DeepMind, advising the United Nations (UN) and launching his own AI startup (FABER). Jason gave us an update on life after graduation. Answers have been edited for style and clarity.  After graduating from USC which opportunities were most exciting? 

Google announced today that it has licensed its AI research model for breast cancer screening to medical technology company iCAD. This is the first time Google is licensing the technology, with the hopes that it will eventually lead to more accurate breast cancer detection and risk assessment. The two companies aim to eventually deploy the technology in real-world clinical settings — targeting a “2024 release,” Google communications manager Nicole Linton told The Verge in an email…. Source link

The Black Friday start to the crucial holiday shopping season has been mixed at best, and that means there are some distinct early and winners and losers, analysts say. “Lululemon, A&F banner, American Eagle Outfitters, and Victoria’s Secret banner emerged as the biggest winners this Black Friday, while Hollister, Gap banner, & Banana Republic were relative losers, in our view,” the Morgan Stanley retail team led by longtime analyst Kimberly Greenberger wrote in a recent note. According to… Source link

Suns guard Devin Booker is averaging 26.4 points, 6.6 rebounds and 6.3 assists per game in his last eight games. The NBA starts off the week with 10 games on Monday. Not only are there many injuries that will impact the slate, but we also need to be on the lookout for potential rest days for players. The Hawks, 76ers, Timberwolves, Celtics, Magic, Nets, Cavaliers and Pacers will all be playing the second game of back-to-back sets. The Nets will be facing the struggling Magic, so they are one… Source link

Yahoo has just finalized a 30-year exclusive advertising partnership in Taboola, which would secure a 25% stake in the company. This deal will allow Yahoo to use Taboola’s tech to manage its native ads. Taboola’s native edge. Taboola specializes in native ads which can be found on popular sites like CNN and MSN. The ads typically look like part of the website and can be informative or entertaining. However, shares of Taboola have fallen… Source link

Yandex, the internet-focused tech giant, may be carving up its business to protect its international activities. Originally borne in Russia, Yandex has been registered in the Netherlands for more than 10 years, and now the international branch of the company is considering selling up its Russian assets to focus on its non-Russia products and services. … Source link