This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, November 3, 2021 Meta’s metaverse could track you more than you ever imagined Facebook is now Meta (FB), reflecting its focus on building up the so-called metaverse — a future version of the internet that will let people interact with others in 3-D virtual worlds. But that doesn’t… Source link

We convene a roundtable of climate change reporters from Argentina, South Africa and the Philippines to hear about the stories top of mind on their beats — from sea level rise to drought — as world leaders meet for COP26 in Glasgow. And, Yahoo is pulling out of China. The company points to the increasingly challenging business and legal environment in China for those decisions.James Griffiths, author of “The Great Firewall of China,” joins us to discuss. Connect with us: … Source link

When a stock explodes 108% in a session — rather out of the blue — as Avis did on Wednesday, there is only one thing you should do, says Deutsche Bank analyst Chris Woronka. Drive out of dodge before you get run over.  “Our first order of business is to emphasize that this downgrade is not a call to short Avis. Simply put, it is a view that investors who owned the stock prior to Tuesday should take profits. We simply cannot justify, using any reasonable traditional valuation metric, the… Source link

The digital world is constantly evolving—Facebook is Meta now!—yet internet search remains a magic box where we type questions and answers just appear on the screen. Critics say this disconnect has led to cluttered design, ads camouflaged as search results, even a search algorithm that some say shows signs of wear: ProPublica reporter Jesse Eisinger recently tweeted he thinks Google searches have gotten “significantly worse,” and he got 1,000 likes and nods of agreement from everyone… Source link

Google Google News will soon be available again in Spain after the… Source link

A group of financial firms at the COP26 climate summit on Wednesday pledged $130 trillion to facilitate the transition toward a sustainable global economy — the latest in a string of commitments made by business officials in recent days. But hedge fund billionaire Tom Steyer says the private sector must also reckon with the role capitalism has played in pushing the world to the “brink of climate disaster” in the first place.  A different, mission-oriented version of capitalism can drive… Source link

U.S. private employers added back more jobs than expected last month, reflecting a pick-up in the pace of hiring as more service-focused companies brought back workers to meet elevated demand.  Private payrolls grew by 571,000 in October compared to September, ADP said in its closely watched monthly report. Consensus economists were looking for a rise of 400,000 jobs, according to Bloomberg data. The month earlier, private payrolls had risen by a downwardly revised 523,000, from the 568,000… Source link

Who should get paid when big tech platforms aggregate news stories? This was the question that prompted Google to shut down its Google News platform in Spain in 2014, after the country decided the US tech giant should cough up a monthly fee to Spanish papers. Today, though, Google announced that Google News will return to Spain “early next year” after the country overhauled its online copyright laws in line with EU regulation. The big difference from Google’s point of view is that… Source link

Written by John Hewitt Jones Nov 3, 2021 | FEDSCOOP Google has received the highest level of approval under the Federal Risk and Authorization Management Program for its Google Workspace product. It is the latest product by the technology giant to receive approval under the federal security program in recent months, including its admin console, cloud identity, identity and access management and virtual… Source link

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 Wednesday, November 3, 2021 Bonds and the dollar Watch bonds and the dollar, the forgotten stepchildren of a frothy market. Once upon a time, inflation-wary investors used to telegraph their displeasure by selling Treasury debt, which pushed up yields and the value of the U.S. dollar (one day I’ll explore the fascinating world of interest rate… Source link