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, January 26, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App. Stocks mounted an impressive comeback Wednesday, with the Nasdaq Composite (^IXIC) nearly erasing its biggest opening deficit… Source link

A Google employee said he and his wife were both laid off by the tech giant in Friday’s mass cull. Ashish Kalsi wrote on LinkedIn that they stared at each other in “disbelief” that morning as their daughter slept. Kalsi said he’s on an H-1B visa and has a 60-day “countdown” to find a new role or leave the US. … Source link

As part of the layoffs, Google killed all but three Area 120 initiatives. It has now emerged that one of those projects is the acqui-hired “Liist” team working on a “Gen Z consumer product.” According to TechCrunch, Google quietly acquired Liist last year for Area 120. The startup developed an app that let you save places that you see in Instagram and TikTok. Liist dates back to 2019 and the purchase occurred sometime after/around August 2022 You could send Instagram links to… Source link

After Jordan Poole missed a deep jumper attempt early in the shot clock with the Golden State Warriors leading by two points with under two minutes remaining in the fourth quarter, Steph Curry appeared frustrated.  Following Poole’s miss, Curry threw his mouthpiece while running back on defense and was quickly ejected for the third time in his career. By rule, throwing anything toward the crowd triggers an ejection.  Despite his miss before Curry’s ejection, Poole got a chance at… Source link

After a busy Wednesday, the NBA churns along with six more games on the schedule Thursday. One of the highlight matchups will feature the Celtics hosting the Knicks. The Bulls, coming off an embarrassing loss in which they blew a 21-point lead to the Pacers on Tuesday, will try to bounce back on the road against the Hornets. Let’s dig into all of the matchups and highlight some players to consider for your Yahoo lineups, as well as a few to possibly avoid. GUARDS Darius Garland, CLE at HOU… Source link

Implementation of these changes will be a “complex process”, the company said in a blog post, that would require “significant work at our end and, in many cases, significant efforts from partners, original equipment manufacturers (OEMs) and developers”. Source link

In the AI arms race that has just broken out in the tech industry, Google, where much of the latest technology was invented, should be well positioned to be one of the big winners. There is just one problem: With politicians and regulators breathing down its neck, and a hugely profitable business model to defend, the internet search giant may be hesitant to wield many of the weapons at its disposal. Microsoft threw down a direct challenge to the search giant this week when it sealed a Source link

by: Olafimihan Oshin, The Hill Posted: Jan 25, 2023 / 05:29 PM PST Updated: Jan 25, 2023 / 05:29 PM PST (The Hill) – More than two dozen in-house massage therapists were reportedly part of the latest round of layoffs that happened at Google last week.  According to filings reported by CNBC on Tuesday, 27 in-house massage therapists were among the 1,845 employees to lose their jobs with the company in the state of California.  Twenty-four of… Source link

Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link

Jan. 25, 2023Updated: Jan. 25, 2023 3:33 p.m. The logo of Google is displayed on a carpet at the entrance hall of Google France in Paris. Google said it’s laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off. Michel Euler, STF / Associated Press Google’s mass layoff of 12,000 workers will affect at… Source link