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Another 745,000 Americans filed new unemployment claims

Weekly unemployment claims ticked up last week but by a smaller than expected margin, picking up slightly after reaching the lowest level since November during the prior week. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics included in the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended February 27: 745,000 vs. 750,000 expected and a revised 736,000 during the prior… Source link

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Google backs three Bay Area affordable housing projects

Pumping more money into affordable housing projects, Google and the nonprofit Housing Trust Silicon Valley on Thursday announced nearly $30 million in loans for three new, subsidized housing developments in the Bay Area. The loans will back two South Bay developments, in Mountain View and Santa Clara, and part of a sprawling San Francisco redevelopment. The funds will go toward the construction of a 100-unit apartment complex in Mountain View, a 150-unit building in Santa Clara, and 880… Source link

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American’s Trust Google More Than Facebook or TikTok

Just Because Americans Trust Google The Most, That Doesn’t Mean They Trust Google Entirely Americans Trust Facebook And TikTok The Least American’s Require More Digital Education What Can Social Media Giants Do To Increase Trust? In a world of fake news and misinformation, 1,057 U.S. residents were asked how they feel about social media and search platforms. The recent survey uncovered trust levels in tech companies, which platforms cause concern and opinions regarding tech space… Source link

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Google Updates PageSpeed Insights Scores

PageSpeed Insights Google Updated How PageSpeed Insights Gathers Data PageSpeed Insights Using HTTP/2 Google’s PageSpeed Insights Update Announcement PageSpeed Insights Scores are Now Higher PageSpeed Insights (PSI) scores have recently improved across the board. But the improvements have nothing to do with any changes made to the websites experiencing better scores.  The improvements happened over on Google’s side. PageSpeed Insights PageSpeed Insights is a Google tool that provides reports… Source link

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Re-opening rotation trades are rocking the market: Morning Brief

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link

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Apple’s new service lets you transfer your iCloud Photos to Google

You don’t have to manually download your iCloud Photos collection to transfer it to Google Photos anymore. Apple has launched a new service that automates the process — all you have to do is log in to your iCloud account at the tech giant’s Data and Privacy website. After logging in, go to “Transfer a copy of your data” and then mark the tick box beside Photos and/or Videos, depending on what you want to copy over. You’ll then be prompted to log into your Google account to be able to… Source link

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$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside

A $500 million deal with search-engine giant Google has once again brought the limelight back on Infosys, strengthening the belief that large deal momentum continues to be strong for this Indian IT bellwether, which could translate into a windfall for its shareholders. A report in the Economic Times stated that Infosys has won a $500 million deal from Google to provide customer experience and engineering support for its product…. Source link

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Google swears off ad-tracking – TechCrunch

Google says it’s focusing on privacy-friendly approaches to ad targeting, Okta acquires Auth0 and a flying taxi startup raises $241 million. This is your Daily Crunch for March 3, 2021. The big story: Google swears off ad-tracking While Google had already announced it would be phasing out support for third-party cookies in Chrome, it went further today by declaring that “once third-party cookies are phased out, we will not build alternate identifiers to track individuals as they… Source link

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Arizona House Passes Bill That Will Require Apple, Google To Let App Developers Chose Outside Payments Systems

Bloomberg Asia Hedge Funds Pare Bets on Green Energy After 2020 Surge (Bloomberg) — Asia hedge funds that rode a green investing wave for double-digit returns last year are starting to reduce bets on the sector given the lofty valuations.Apeiron Capital has cut Tesla Inc. to a small position after the electric vehicle maker’s eight-fold surge sparked a 98% return for the $400 million hedge fund in 2020, said founder Yao Wanyi. York Capital Management also trimmed investments in electric… Source link

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Google updates Workspace to incorporate remote work needs

A part of Google’s Workspace will be dedicated to essential frontline workers such as nurses, grocery store associates and warehouse employees. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Google is updating its productivity and collaboration software Workspace to cater to frontline and remote workers as the pandemic changed work dynamics globally. A part of Google’s Workspace will be dedicated to essential… Source link

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