A team of Google executives, many of whom worked with one another for years, left the company earlier this year to launch a startup. The fintech firm, Arbo Works, has raised a financing round led by Sequoia Capital India, the two said Thursday. Arbo Works, spearheaded by Caesar Sengupta, said on Thursday 120 angel investors, many from Google, participated in the seed financing round. “This group includes CEOs of Fortune 500 companies, founders of successful startups, senior executives… Source link

The logo of Google is seen in Davos, Switzerland January 20, 2020. REUTERS/Arnd Wiegmann OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law. News organizations, which have been losing ad revenue to online aggregators such as Google and Facebook (FB.O), have complained… Source link

Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results.  Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high.  Nvidia (NVDA) shares jumped in… Source link

Amid electric car frenzy, Warren Buffett scores 3,000% gains with this overlooked EV maker Warren Buffett isn’t known for chasing hype, but that doesn’t mean he’s missing out on the current EV boom. Rivian Automotive, which debuted on Nasdaq a week ago at $78 per share, now trades at nearly $150. Lucid Group, which went public through a SPAC deal this summer, surged 77% over the past month. Then there’s Tesla, which despite its recent pullback, is up a whopping 148% over the past… Source link

Nvidia CEO Jensen Huang. (MANDEL NGAN/AFP via Getty Images) Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts’ predictions on the top and bottom line as revenue jumped 50% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting from the company, as compiled by Bloomberg. Revenue: $7.1 billion versus $6.81 billion expected. Earnings per share: $1.17 versus $1.11 expected. Gaming revenue: $3.22 billion versus… Source link

Some haywire moves higher in money-losing electric vehicle makers such as Rivian and Lucid hint at the stock market forming an unhealthy bubble, argues Matt Maley, Miller Tabak chief markets strategist.  “It’s just a sign of an unhealthy stock market,” Maley said on Yahoo Finance Live. That may be an understatement.  While Rivian’s stock price (RIVN) plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company’s IPO pricing of $78 from last… Source link

The company whose chips power Facebook’s Oculus virtual-reality headset has already tapped into the metaverse opportunity. Now Qualcomm’s CEO says glasses could eventually be as widespread as smartphones.  Qualcomm CEO Cristiano Amon knows smartphones well. The company’s main business is providing semiconductors for those devices. As Apple turns toward manufacturing its own chips for its phones, Qualcomm has been working on diversifying its revenue into products and services for the… Source link

Google quietly rolled out a Pixel 6 update that addresses fingerprint scanner issues, as first reported by XDA Developers. The update details have been confirmed in a post on a Google Support page, which vaguely notes that it includes “minor bug fixes and some fingerprint sensor performance improvements for Pixel 6 and 6 Pro,” without really giving us any details about how the sensor was improved. Dan Siefert called out the fingerprint reader in our reviews of the Pixel 6 and Pixel 6… Source link

11/17 Update below. This post was originally published on November 16 Chrome users beware, attacks on Google’s browser are increasing rapidly and now multiple new hacks have been confirmed. Google has confirmed 25e new Chrome security vulnerabilities, including seven ‘High’ level threats LIGHTROCKET VIA GETTY IMAGES MORE FROM FORBESGoogle Critics Explain Why You Should Quit ChromeBy Gordon Kelly Google published the news in a new blog post, where it… Source link

Qualcomm’s stock price (QCOM) has never been higher and in the eyes of new CEO Cristiano Amon, it makes a lot of sense.  “I think Qualcomm is just getting what Qualcomm deserves,” said Amon on Yahoo Finance Live. “We have been investing in foundational technologies that enable so many things — to the technology that can connect you to the virtual reality. And I think Qualcomm is being recognized for this incredible technology we have.” That appears to be the case.  Shares of Qualcomm surged… Source link