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Google’s rumored Pixel 6 Tensor processor sounds extremely weird

Google is set to debut its first in-house smartphone chipset, the Tensor SoC, in its upcoming Pixel 6 and Pixel 6 Pro phones. And if the latest report from XDA is correct, the Tensor’s rumored CPU setup could be very, very weird — even by Google standards. So far, Google has largely been hyping up the Tensor SoC’s AI performance; but it hasn’t revealed any information on the basic CPU and GPU specs of the chip. Google’s Rick Osterloh would only tell The Verge that “the standard… Source link

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Google workers demand back pay for temps company underpaid for years | Google

Google employees and subcontracted workers are demanding that the company pay back wages to temporary workers, following a Guardian report that revealed Google had knowingly and illegally underpaid thousands of temps for years. More than 140 workers have signed a petition addressed to Google executives calling on the company to “immediately pay back all Temps, Vendors and Contractors (TVCs) who have been knowingly underpaid by Google” and to “create an immediate path to permanent… Source link

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Retail traders aren’t buying the dip like usual: Analysts

The maxim “buy the dip” has been commonplace in retail investing – and retail investors demonstrated their commitment to this idea during the pandemic. But for the first time in a while, retail investors might be ignoring that guidance now. The S&P 500 index dropped over 30% in March 2020. Ordinary investors didn’t flinch; instead, they bought up index funds on the cheap. In many cases, this activity has worked as a counterweight to the market’s plunges. A note from Vanda Research, a… Source link

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Here are the key retirement provisions in the $3.5 trillion reconciliation bill

Inside the Democrats’ forthcoming package of proposed social spending is a host of significant changes to how Americans might save for retirement in the years and decades ahead. The provisions – if enacted – would be one of the most impactful changes to the private retirement system since the SECURE Act was passed in 2019. Susan Neely, president and CEO of American Council of Life Insurers, supports the proposals and told Yahoo Finance that “the punchline is it will be a huge leap… Source link

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Delta variant will make iPhone sales ‘challenging’

The unpredictable Delta variant appears to be wreaking havoc on the financial modeling skills of the team covering Apple (AAPL) at Goldman Sachs.  “We believe growth in iPhone revenue in calendar fourth quarter will be challenging for Apple but we continue to flag a low level of confidence in our ability to predict demand given the complex interplay of issues like the Delta variant, supply shortages, the end of stimulus and high consumer savings,” conceded Goldman Sachs analyst Rod Hall in a… Source link

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When will Amazon stock skyrocket again?

Amazon’s stock (AMZN) has been stuck in the penalty box for most of 2021 as investors see what new CEO Andy Jassy has up his sleeves and the company’s growth slows after a big 2020 as people shopped more online at the height of the pandemic.  Veteran tech analyst Mark Mahaney of EvercoreISI thinks Amazon’s stock has a ways to go before it begins a sustained upward ascent.  “Amazon’s stock is waiting for an unlock,” Mahaney said on Yahoo Finance Live. “Amazon is going into another investment… Source link

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‘Revolutionary’ new data shows average debt of recent graduates by degree

Amid a major student loan debt crisis in the U.S., a new report by the Texas Public Policy Foundation found that some degrees cost tens of thousands of dollars more than others.  The report — which uses new data released by the Department of Education (ED)’s College Scorecard to examine typical college debt by credential and program — contributes to a burgeoning trend of transparency that’s aimed at scrutinizing the cost of tuition generally. The analysis “is really quite revolutionary… Source link

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U.S. needs to do these 3 things to ensure majority of new cars are electric by 2030: Michigan congresswoman

Earlier this month, President Biden signed an executive order with a lofty goal: he wants over half of all vehicle sales to be electric vehicles by 2030. The CEOs of GM (GM), Ford (F), and Stellantis (STLA) attended the White House event and threw their support behind the measure, pledging to put billions of dollars into manufacturing EVs and to work with Democrats to have American workers produce them. “There’s no turning back. The question is will we lead or fall behind in the race for… Source link

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Wells Fargo picks Microsoft, Google as cloud service providers

A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Sept 15 (Reuters) – Wells Fargo & Co (WFC.N) said on Wednesday that it had picked Microsoft Corp (MSFT.O) and Alphabet Inc’s (GOOGL.O) Google as its public cloud providers, embracing a multi-cloud approach. While Microsoft’s Azure will serve as the bank’s primary cloud provider, Google Cloud will provide additional business-critical public cloud services. As part of its new digital infrastructure… Source link

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Low vaccination rates in some states are ‘absolutely bringing exposure into the classroom,’ doctor says

The school year is starting amid a surge in COVID-19 cases, particularly among children in states with the lowest vaccination rates, as the highly contagious Delta variant circulates in the U.S. “I have to believe it’s not coincidental that these high rates of exposure and COVID cases are linked to the lower vaccination rates in these communities,” Dr. Susannah Hills, pediatric airway surgeon and assistant professor of EMT at Columbia University Medical Center, said on Yahoo Finance… Source link

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