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(Bloomberg) — Alibaba Group Holding Ltd.’s quarterly revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. Most Read from Bloomberg But China’s e-commerce leader also refrained from offering its usual outlook for the year, underscoring the unpredictable impact of a Covid Zero policy that’s already cast the country’s supply chains into disarray and hammered consumer… Source link

The entrance to Google’s U.K. offices in London. Olly Curtis | Future Publishing | via Getty Images The U.K.’s competition regulator has opened a fresh investigation into Google, taking aim at the company’s role in the advertising technology market. It’s the second major antitrust probe to target Google’s ad practices in the U.K. The Competition and Markets Authority launched a separate investigation with the European Union into Google and Facebook parent company Meta earlier this year over… Source link

Latest published market study on Ride Sharing Market provides an overview of the current market dynamics in the Ride Sharing space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage of the study are DiDi, Uber,… Source link

U.S. stock futures advanced in pre-market trading Thursday as markets attempted a comeback from steep selling in equities on the heels of disappointing outlooks from some major companies. Futures tied to the S&P 500 climbed 0.5%, and contracts on the Dow Jones Industrial Average gained 160 points, or 0.5%. Nasdaq futures also edged higher, up 0.3% as the index clawed back from losses spurred by recent pressure in the technology sector. The moves follow a brief reprieve for equities, which… Source link

The UK’s competition watchdog has just announced another investigation into Google over potential antitrust abuses around adtech. This is the Competition and Markets Authority’s (CMA) second probe of Google’s adtech practices — after said it would investigate an ad deal between Google and Facebook referred to internally as ‘Jedi Blue’, back in March. (That deal also features in a major antitrust complaint against Google’s adtech over the pond, led by the US State of… Source link

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, May 26, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. It’s no secret that stocks and the 401(k)s that hold them have been battered and bruised this year, as every fledgling rally eventually whipsaws investors further into the red. Last week, the S&P 500 ( Source link

Yahoo and Hivestack, a programmatic digital out of home ad tech company, have formed a partnership to connect technologies and enable programmatic DOOH cross-channel media campaigns globally, according to a company press release. Through the partnership, Yahoo’s omnichannel demand side platform will be integrated into the Hivestack supply side platform, which will allow Yahoo and its clients to access Hivestack’s premium global DOOH inventory through real-time bidding transactions via open… Source link

Mark Zuckerberg in his metaverse living room.Facebook Mark Zuckerberg told shareholders that creating the metaverse will bleed money for three to five years. The Meta CEO told the company’s annual meeting that some products wouldn’t be ready for 15 years. The Facebook owner spent $10 billion on the idea of an immersive virtual world in 2021 alone. Meta’s metaverse project will lose “significant” amounts of money over the next three to five years, CEO Mark Zuckerberg told shareholders on… Source link

May 26 Update below. This post was originally published on May 25 Many people equate the regular discovery, and patching, of product vulnerabilities with being a sign of bad security; I am not one of them. I have always said that I’d much rather these security flaws are picked up, be that by in-house teams, bug bounty platforms or independent researchers, than go undiscovered. Vendors that patch regularly and transparently are demonstrating a strong security posture, not a weak one. Sure,… Source link

Right now, someone is doing a Google search to find a new product, service, or solution to their problem, something that your business is uniquely qualified to provide. Will they end up on your website where they’ll see how you have exactly what they’re looking for? If your website doesn’t show up on the first page of Google results, the answer is, unfortunately, probably not.  That’s for a few reasons. Firstly, Google dominates the search engine market, with more than 85% of global… Source link