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Another 326,000 individuals filed new claims last week

U.S. states posted a bigger-than-expected drop in new jobless claims last week as impacts related to Hurricane Ida and the Delta variant’s summer spike receded.  The Labor Department released its weekly jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 2: 326,000 vs. 348,000 expected and an upwardly revised 364,000 during prior week Continuing claims, week… Source link

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Google’s Chrome Is Under Heavy Attack—This Startup Thinks It Has A Rival To Save Businesses From Disaster

Talon Cyber Security founders Ohad Bobrov and Ofer Ben-Noon. They’ve convinced big-name investors … [+] they have the answer to the boom in browser-based cyberattacks. Talon Cyber Security Browsers are proving to be a potential Achilles’ heel in computer and smartphone security. This year has seen a record number of so-called zero-day attacks in the wild, where unpatched weaknesses in software are exploited by hackers, and Google Chrome has seen at least 12… Source link

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Google rivals call on EU to set rules for search engine preference menus – TechCrunch

Four search engine rivals to Google have called on European Union lawmakers to address the tech giant’s continued dominance of the market by setting rules for search engine preference menus, arguing that the tech giant’s ability to set damaging defaults is continuing to limit how easily consumers can switch to a non-Google alternatives. In an open letter today, the non-tracking search engines DuckDuckGo and Qwant, along with tech-for-good focused Lilo and tree-planting… Source link

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Think of Facebook as a money maker, not a babysitter: Morning Brief

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 Thursday, October 7, 2021 Call Facebook what you want — but stop thinking of it as a parent It’s a symbol of the strange times we live in when a multibillion dollar publicly traded behemoth is practically begging to be regulated, but that’s the predicament in which Facebook — under pressure from without and within — finds itself. In… Source link

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Google rivals want EU lawmakers to act via new tech rules

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo BRUSSELS, Oct 7 (Reuters) – DuckDuckGo and three other search engine rivals to Google on Thursday urged EU lawmakers to take action against the Alphabet (GOOGL.O) unit via new tech rules, saying they have yet to see positive results from an antitrust ruling against Google. The European Commission in 2018 levied a record 4.24- billion-euro ($5 billion) fine on Google for… Source link

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Too Much Cash can be a Problem. Why Palantir Technologies (NYSE:PLTR) may want to Reinvest More Into Future Growth

This article was originally published on Simply Wall St News Palantir Technologies ( NYSE:PLTR ) shareholders have done very well over the last year, with the share price soaring by 136%. Even though the company is currently unprofitable, investors are putting a lot of faith in the growth and future value of Palantir. The company just won a US$823m contract from the U.S. Army , and we wanted to examine the cash capacity of the company to withstand expenses until reaching profitability. Thus,… Source link

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Stock futures open slightly higher as investors eye debt ceiling developments

Stock futures opened slightly higher Wednesday after a choppy trading session, with investors closely monitoring developments in Congress as lawmakers raced to come to an agreement to avert a government default by mid-month.  During the regular trading day, the three major equity averages had shaken off earlier losses after Senate Minority Leader Mitch McConnell offered Democratic lawmakers a deal to temporarily extend the government borrowing limit into December. Such a move would offer… Source link

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