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Microsoft CEO Satya Nadella. (AP Photo/Elaine Thompson, File) Microsoft (MSFT) wants to get rid of passwords, with one top executive calling them an “inherent risk” to security. As part of its annual Ignite conference, the tech giant announced on Tuesday that it will begin allowing business customers that use its Azure Active Directory, Microsoft’s cloud authentication platform, to ditch passwords for biometrics to secure work accounts. “When there’s passwords there is inherent risk… Source link

Bloomberg Hertz to Sell to Knighthead, Certares to Exit Bankruptcy (Bloomberg) — Hertz Global Holdings Inc. received a bid from Knighthead Capital Management and Certares Management to purchase the rental-car company out of bankruptcy for as much as $4.2 billion, according to court documents.Under the plan, Knighthead and Certares would take control of Hertz when it emerges from its Chapter 11 reorganization, with the final value of the deal dependent on how much existing lenders participate… Source link

BOSTON (AP) — Six Dr. Seuss books — including “And to Think That I Saw It on Mulberry Street” and “If I Ran the Zoo” — will stop being published because of racist and insensitive imagery, the business that preserves and protects the author’s legacy said Tuesday. “These books portray people in ways that are hurtful and wrong,” Dr. Seuss Enterprises told The Associated Press in a statement that coincided with the late author and illustrator’s birthday. “Ceasing sales of… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 2, 2021 Manufacturing activity surges to a three-year high The U.S. economic recovery continues to be led by manufacturing. On Monday, IHS Markit and the Institute for Supply Management both released manufacturing activity data for February, with these reports showing the sector growing at the fastest pace in several years. The ISM’s manufacturing PMI registered a reading of 60.8,… Source link

Tuesday brings a limited schedule in the NBA consisting of only six games. There are still some exciting matchups, though, including the Lakers hosting the Suns. As you work your way through the options in DFS, here are some players to consider adding to your lineups, as well as a few to potentially avoid. GUARDS Dejounte Murray, SA vs. NY ($35): Murray produced another valuable all-around stat line Monday, finishing with 19 points, six rebounds and eight assists versus the Nets. He’s scored… Source link

Bloomberg Canada’s $373 Billion Fund Chooses Safety After CEO Resigns (Bloomberg) — Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio… Source link

Z Holdings Corp., operator of Yahoo Japan online services, and messaging app provider Line Corp. merged on Monday to expand their online services globally as they aim to better compete with U.S. and Chinese tech giants. With a combined user base of about 150 million in Japan, the merger of Z Holdings, a SoftBank Group Corp. subsidiary, and Line will make it one of the biggest information technology companies in the country. “We would like to launch a global smartphone app” in the future… Source link

TipRanks Goldman Sachs Predicts Over 50% Rally for These 2 Stocks Stocks started this year with heft gains, edged back last week, and now are rising again. The big tech giants led the moves, with volatility in Apple and Amazon leading the NASDAQ on its gyrations. The strategy team at investment bank Goldman Sachs have taken notice of the market shakeups, and are working out what it means for investors. According to macro strategist Gurpreet Gill, watching bond yields and stock values closely,… Source link

Today, Square, Inc. announced its industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. Square Financial Services is an independently governed subsidiary of Square, Inc. Headquartered in Salt Lake City, Utah, its primary purpose will be to offer business loan and deposit products, beginning with underwriting and originating business… Source link

Quarterly Total Revenues reached RMB6,641.1 million (US$1,017.8 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 17,353 vehiclesFull Year Total Revenues reached RMB16,257.9 million (US$2,491.6 million)Full Year Deliveries of the ES8, the ES6 and the EC6 were 43,728 vehicles SHANGHAI, China, March 01, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today announced its unaudited… Source link