Supreme Court upholds Obamacare for a third time — here is what was at stake

The Supreme Court on Thursday released its highly anticipated decision on a challenge to the Affordable Care Act (ACA), also known as Obamacare. By a 7-2 vote, the court rejected the Republican-led challenge to the law.  Justice Stephen Breyer wrote the majority opinion saying that challengers — Texas, other Republican states, and two individuals — did not have legal standing to sue, meaning they couldn’t show they were harmed by the law. He was joined by Chief Justice John Roberts as… Source link

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50 illuminating questions about Google’s latest messaging service shakeup

Good golly, gang, Google’s done it again. Just when I thought the G-team had made its messaging service strategy as convoluted as humanly possible, Le Googlé has managed to inject even more messy confusion into its suite of messaging products. This, my fellow earthlings, deserves some serious recognition. Achieving levels of perplexity this high is a rare feat, and you’d better believe it ain’t easy. Our latest confounding twist comes courtesy of an announcement… Source link

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Google’s Own Android App—With 5 Billion Installs—Was Vulnerable To A Privacy Destroying Hack

Cybersecurity startup Oversecured reported vulnerabilities in the Google Android app, which could’ve … [+] allowed a hacker to steal sensitive data and snoop on users through the smartphone’s camera. (Photo by Nasir Kachroo/NurPhoto via Getty Images) NurPhoto via Getty Images Google’s Android app, with more than 5 billion downloads, has been patched after a researcher found it was vulnerable to an attack that could have allowed hackers to obtain sensitive data from users’… Source link

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23andMe shares rise 21% on first day of trading on Nasdaq

Shares of 23andMe (ME) rose 21% to close at $13.32 apiece in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via SPAC deal.  The public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe’s outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded… Source link

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Google’s cloud taps AMD for new service as chip wars heat up

The logo of Google is seen on a building at la Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo June 17 (Reuters) – Advanced Micro Devices Inc (AMD.O) and Alphabet Inc’s (GOOGL.O) Google Cloud on Thursday said Google will offer cloud computing services based on AMD’s newest data center chip, a move likely to intensify AMD’s push to grab market share from rival Intel Corp (INTC.O). Cloud computing providers such as… Source link

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‘If you see a deal, you should buy it’: Frontier Airlines CEO

The sky’s the limit, according to Frontier Airlines (ULCC) CEO Barry Biffle. “Bookings have been surging for several months.” Biffle told Yahoo Finance Live, “If you’re planning on going somewhere, you need to book it, because, you know, people are literally going to run out of seats.” More than 2 million passengers moved through the Transportation Security Administration (TSA) airport checkpoints from June 11 to 13, which is still about 600,000 fewer than the numbers on those days in 2019…. Source link

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Hong Kong to Shorten Quarantine; CureVac’s Plunge: Virus Update

(Bloomberg) — CureVac NV lost more than half its value in German trading after a preliminary analysis of a large study found its vaccine fell short of the high efficacy bar set by other messenger RNA shots. Hong Kong is planning to shorten quarantine periods for fully vaccinated travelers from most places to seven days from as much as 21 days, so long as they pass an antibody test. Moderna Inc. said the U.S. government exercised an option to buy 200 million more doses of its vaccine, bringing… Source link

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The Fed won’t talk about talking anymore: 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, June 17, 2021 The tapering conversation has begun. One of the most unique phrases the Federal Reserve has ever used to communicate with markets has been retired.  At least according to Federal Reserve Chair Jerome Powell. Asked Wednesday during a press conference about whether the Fed discussed plans to begin slowing down its pace of… Source link

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