Bloomberg Amazon-MGM Slammed by Tech Foes on Likely Path to Approval (Bloomberg) — Amazon.com Inc.’s takeover of Metro-Goldwyn-Mayer is sparking fresh criticism about the spreading tentacles of America’s technology giants, but the deal underscores how competition watchdogs have their hands tied when it comes to curbing the companies’ growth.Critics of tech firms in Washington on Wednesday slammed the MGM deal as the latest example of how the industry’s biggest players snap up… Source link
Read More »Children should keep masking up, CDC director says, even as some experts question the need
CDC Director Rochelle Walensky. (Jim Lo Scalzo/Reuters). WASHINGTON — Young children should continue to wear face masks, Centers for Disease Control and Prevention Director Rochelle Walensky said in congressional testimony on Wednesday, citing studies she says demonstrate that grade-school-age children can contract and spread the coronavirus. “There’s still transmissions associated with young children,” Walensky said. “They have been vectors of transmission for older people.”… Source link
Read More »Naomi Osaka announced French Open media blackout
Naomi Osaka has no plans to speak with reporters during the French Open. The three-time Grand Slam champion announced Wednesday that she will not do any media availability while competing at Roland Garros, citing mental health concerns for herself and fellow players. Her full statement: Naomi Osaka has spoken out about mental health in the past. (Photo by Tim Clayton/Corbis via Getty Images) The crux of Osaka’s concerns: “I’ve often felt that people have no regard for athletes [sic] mental health… Source link
Read More »Stock futures rise, extending gains ahead of jobless claims data
TipRanks 3 “Strong Buy” Stocks Under $10 With Triple-Digit Upside Potential You don’t have to pay three-digit sums to find compelling investing opportunities. It’s time to look outside the box at some cheap stocks top analysts are cheering right now. Among the stocks that are getting the thumbs up are three that show a strongly attractive profile for retail investors: an initial price below $10 per share, a Strong Buy rating from the Street, and a triple digit upside potential. We’ve… Source link
Read More »Jon Jones hires adviser as Ngannou-Lewis is set
UFC president Dana White gave a hearty thumbs up Wednesday to Jon Jones’ announcement that he’d hired former Golden Boy Promotions CEO Richard Schaefer as his new adviser. Schaefer was brought on board to help facilitate a bout between Jones and heavyweight champion Francis Ngannou. White, though, said that if Ngannou-Jones happens, it will be down the road. He said Ngannou will make the first defense of his heavyweight title against Derrick Lewis in Houston, likely in August. But White… Source link
Read More »Exxon Mobil shareholder vote a ‘watershed’ moment for climate change
The New York Times The Caribbean Conundrum: United by Tourists, Divided by COVID On the glassy blue waters surrounding the U.S. Virgin Islands, catamarans and pleasure yachts have packed the shoreline for the past year — a scene so busy and crowded, it is unimaginable, even before the pandemic. Indeed, the business of charter yachts is booming, and expected to pump at least $88 million into the local economy this season, almost double the roughly $45 million that came in 2019, according to… Source link
Read More »Nvidia gaming revenue spikes by 106%, data center by 79%
Nvidia CEO Jensen Huang speaks during a press conference. (Photo credit should read MANDEL NGAN/AFP via Getty Images) Graphics card maker Nvidia (NVDA) reported its fiscal Q1 2022 earnings after the closing bell on Wednesday, beating analysts’ expectations for the quarter. Here’s how the company performed versus what Wall Street was expecting based on Bloomberg’ consensus data. Revenue: $5.66 billion versus $5.41 billion expected Earnings per share: $3.66 versus $3.31 expected Gaming: $2.76… Source link
Read More »Apple CEO Tim Cook is right — A more open iPhone could carry a hidden cost for consumers
Wednesday, May 26, 2021 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 It’s true an open App Store is more dangerous, and that helps Apple In his first-ever court appearance, Apple (AAPL) CEO Tim Cook on Friday laid out his case for why Apple should be the only company to sell apps on the iPhone, saying that allowing third-party app stores… Source link
Read More »‘Momentum that we are seeing is continuing’
The plunge in cryptocurrency prices since April doesn’t appear to have knocked Coinbase (COIN) off its stride so far in the second quarter. “I think that those who were new to this space may have under estimated the volatility that we can see in this market. But crypto is volatile, and we have to remember this is a really young industry and a very nascent asset class. So while we have seen a lot of volatility, we have been dealing with this since the very beginning,” said Coinbase CFO Alesia… Source link
Read More »Yahoo Golf Talk: Charles Schwab Challenge
The App is Back! Don’t forget to download the NBC Sports EDGE app to receive real-time player news, mobile alerts and track your favorite players. Plus, now you can check out articles and player cards. Get it here! They don’t make em’ like they use to when it comes to golf course design. This week the PGA TOUR heads to a classical design, Colonial Country Club, in Fort Worth, Texas. The course was built in the 1930s and it still holds up today with modern equipment. Known for tight,… Source link
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