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Former Google CEO Eric Schmidt skeptical Facebook will build metaverse

Former Google CEO Eric Schmidt sounded skeptical on Tuesday that Meta, formerly known as Facebook, will succeed at building the metaverse. “I look forward to excellent innovation in the metaverse,” Schmidt told CNBC’s “Squawk Box” on Tuesday. “I’ve been waiting for about thirty years … As to whether Facebook will build that, I don’t know.” Schmidt reacted to the news that Meta would shift its focus to build the metaverse, a virtual world where you can socialize, work and play. Google, Source link

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Yahoo pulls out of China for good

It pulled the plug “in recognition of the increasingly challenging business and legal environment,” a Yahoo spokesperson said in a statement. “Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.” Access to many of Yahoo’s features in China have disappeared since 2013, including email and news. In 2015, Yahoo closed its Beijing office and eliminated roughly 300 jobs. Yahoo joins Microsoft’s (MSFT) LinkedIn social network, which… Source link

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Robot Delivery Upstart Nuro’s New $600 Million Round Draws An Unexpected Backer: Google

Nuro’s R2 delivery vehicles haul only groceries, packages and food, rather than people. Nuro Nuro, a developer of autonomous driving technology backed by two former Google engineers, hauled in an additional $600 million to speed up efforts to commercialize its robotic delivery services from past investors including SoftBank and Toyota’s Woven Capital and a surprising new one: Google. The Series D round was led by Tiger Global Management and includes funds from Baillie… Source link

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Yahoo pulls out of China, citing ‘challenging’ environment | Business

By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an “increasingly challenging business and legal environment.” Chinese authorities maintain a firm grip on internet censorship in the country and require companies operating in China to censor content and keywords deemed politically sensitive or inappropriate. “In recognition of the increasingly challenging business and legal environment in China,… Source link

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‘We do need to back away from the coast,’ climate scientist warns

Sea levels will continue to rise over the next century as a result of climate change, and this could drastically alter the lives of the 127 million people in the U.S. who live in coastal areas. “We do need to back away from the coast,” Christian Braneon, a climate scientist at NASA’s Goddard Institute for Space Studies, said at Yahoo Finance’s All Markets Summit (video above). “And I think what we need to do is actually proactively set up areas with affordable housing before the real… Source link

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Yahoo pulls its services out of China

A Yahoo! logo is shown on a screen. (Photo by Ethan Miller/Getty Images) HONG KONG (AP) — Yahoo Inc. on Tuesday said it has pulled its services from China, citing an “increasingly challenging business and legal environment.” The company said in a statement that its services were no longer accessible from mainland China as of Nov. 1. “In recognition of the increasingly challenging business and legal environment in China,… Source link

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