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Yandex sees interest in driverless deliveries in Dubai — company – Business & Economy

MOSCOW, October 18. /TASS/. Yandex sees interest in the application of driverless technologies for deliveries in Dubai, the press service of the Russian technology company told TASS on Monday. “We see much interest in self-driving technologies in delivery worldwide, including this region,” the company said. Negotiations with potential partners are underway now, the press service added. The Nation News reported earlier that Yandex was considering an opportunity to launch robotic couriers… Source link

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Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation

Sundar Pichai, chief executive of Google and parent company Alphabet Inc., GOOG 0.91% said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments. In the wake of recent cybersecurity breaches attributed to Chinese and Russian hackers, Mr. Pichai said the time had come to draft the equivalent of a Geneva Convention for technology to… Source link

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Google eyes TaskMate global launch after Kenya rollout – TechCrunch

Google has today launched TaskMate in Kenya, a crowdsourcing app that lets people use smartphones to do tasks and get paid, tapping the growing gig economy. The tech giant said it has rolled out the beta version after a year-long experiment in the East African country, and is preparing to introduce it to other countries across the continent. The app is available in India too, where it’s also in the pilot stage. TaskMate mobile app users fulfill skilled and… Source link

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Amazon aims to hire 150,000 seasonal workers amid labor shortage

Amazon (AMZN) aims to hire 150,000 seasonal employees ahead of the busiest time of year for retailers. The e-commerce giant is offering lucrative incentives to lure talent amid a supply chain crunch and tight labor market. The average salary for seasonal jobs start at $18 per hour along with sign-on bonuses up to $3,000. Despite lucrative incentives, the question is whether Amazon and other giant retailers can convince enough people to work for them amid a red hot labor market.  Competition… Source link

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A ‘substantial’ economic slowdown awaits us in 2022: Goldman Sachs chief economist

The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks, reasons Goldman Sachs (GS) chief economist Jan Hatzius.  “I would say growth is clearly slowing. Obviously we are past the peak [growth] rate, but it’s a relatively graduate slowdown,” said Hatzius on Yahoo Finance Live.  Hatzius and his team made headlines earlier this month for cutting their 2021 GDP growth estimate to 5.6% from 5.7%. The group also issued a… Source link

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Yandex NV (YNDX): Hedge Funds Are Bullish

The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal… Source link

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Google’s Pixel 6 event: rumors and what to expect

We’ve seen the Pixel 6 and Pixel 6 Pro. Google’s decision to announce and thoroughly tease its new high-end flagship was revealing and confusing but, given all the leaks that followed, ultimately not that consequential. The Pixel 6 and 6 Pro feature an all-new, in some cases, quite colorful design, with an in-display fingerprint sensor, Google’s new Tensor SoC, and the Titan M2 security chip. The standard Pixel 6 has a 90Hz 6.4-inch screen, while the Pro gets a 120Hz 6.7-inch, but… Source link

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Stock futures drop as inflation concerns outweigh earnings optimism

Stock futures fell Monday morning to give back some gains after the S&P 500’s best week since July, with investors’ concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.  Contracts on the Dow dropped about 100 points, or 0.3%, with about two hours until the opening bell. The S&P 500 and Nasdaq also headed for lower opens. The moves tracked a drop in overseas equities after China… Source link

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Tesla Shares Are Roaring Back

(Bloomberg) — Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. Most Read from Bloomberg The stock gained as much as 0.9% to $850.99 in U.S. premarket trading on Monday, set for a 50% increase from a March 8 low of $563. That comes after eight weeks of gains, its longest winning streak since before the Covid-19 pandemic roiled markets. The… Source link

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