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Companies like Netflix, Disney, and HBO do battle over media streaming of movies and TV shows, but all of their services combined pale in comparison to YouTube, which says it delivers over a billion hours of video streams every single day. Now, Google Cloud is announcing general availability of its Media CDN, a network for media companies to use for their own streaming experiences. Competitors like Microsoft Azure, Amazon CloudFront, Fastly, and Cloudflare are already in the market, but… Source link

If you have the paper, flaunt it like Tesla (TSLA) CEO Elon Musk. That could be what other billionaires are about to do as they seek to drive headline-grabbing change at well-known public companies as Musk did with Twitter. “It’s the beginning of a wave,” Lawrence Elbaum, co-head of Vinson & Elkins’ Shareholder Activism practice, said on Yahoo Finance Live (video above). “It’s not the first time this has happened. There’s lots of billionaires who have bid for companies in the past. There’s… Source link

This has been a long time coming: Google today announced that it is submitting its Istio service mesh project for consideration as an incubating project within the Cloud Native Computing Foundation (CNCF). Google’s Kubernetes has long been the flagship project for the CNCF and the company recently also brought Knative, a project that aims to make it easier to build and deploy serverless applications on top of Kubernetes, to the CNCF as well. It’s maybe no surprise then that Istio,… Source link

TikTok’s massive popularity is shaping trends among social media companies, including Snap (SNAP), which reported earnings last week, said Ygal Arounian, an analyst at Wedbush (video above). “Snap and the others are moving kind of further deeper into this creator economy world, which TikTok has done a great job capturing,” he said. “So there’s a lot of focus on creating platforms that are similar to TikTok. Copycatting TikTok is a big trend right now.” Snap’s earnings were mixed…. Source link

Trey McBride, a tight end from Colorado State University, is poised to make history on Thursday. If he’s drafted — and many think he will be — he’ll be the first NFL player with same-sex parents. McBride, along with his four siblings, were raised by parents Kate and Jen, who told “The Today Show” that they started their family in the 1990s — a time when same sex relationships and parenthood weren’t as readily accepted as they are today. “They actually considered me a single mom,” Source link

Key Takeaways Analysts estimate EPS of $25.65 vs. $26.29 in Q1 FY 2021. Google Cloud revenue is expected to rise YOY. Revenue is expected to rise but at a slower pace compared to recent quarters. Google (Alphabet) Inc. (GOOGL) in 2021 had a blockbuster year when it comes to financial performance. Earnings per share (EPS) skyrocketed as revenue rose to more than a quarter trillion dollars annually, $257.6 billion to be exact, double the level of three years ago. The key driver of this… Source link

One thing is clear in the current market conditions: it’s a time of transition. Over the past four months, the stock market has shifted from the bull run we saw in 2021 into a far more volatile state of affairs. The market dipped into correction territory in March, bounced back out in April, and now is heading down again. One result of this has been an increase in bond yields, as equities have dropped. And with the Federal Reserve embarking on a new round of interest rate hikes, that… Source link

A cool new watch face on a render of the purported Google Pixel Watch. @rendersbyian Google’s Pixel Watch is expected to be revealed imminently, but after recent leaks, it seems there’s been a new in-real-life development: what appears to be a prototype of the new smartwatch was left in a restaurant, somewhere in the U.S. (we don’t have any more location details than that). The prototype is so exactly a match with rumors, leaks and other reports that… Source link

(Bloomberg) — Blackstone Inc. agreed to buy PS Business Parks Inc. for about $7.6 billion, expanding its bets on real estate across the U.S. Most Read from Bloomberg Affiliates of Blackstone Real Estate will buy Glendale, California-based PSB for $187.50 a share in cash, according to a statement Monday. The price is roughly a 12% premium to PSB’s closing price on Friday. Under the deal, Blackstone agreed to take over approximately 27 million square feet of industrial and office properties,… Source link

The legendary chart that still governs the NFL draft was an inexact estimate of a 1980s market. Its creator, the Dallas Cowboys, never intended to guide hundreds of draft-day trades for decades to come, but here we are. When the 2022 bonanza begins Thursday in Las Vegas, general managers will answer phones, haggle over picks and reference this outdated rubric. Its purpose, ever since 1991, has been to quantify the relative value of draft picks. It posits, for example, that No. 1 overall is… Source link