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Shares of Facebook parent Meta (FB) soared in early trading Thursday on the back of its Q1 earnings report. Shares of the social media giant were up more than 14% despite a miss on revenue expectations, as investors and analysts digested the company’s plans to scale back spending. On the surface, Meta’s report wasn’t all that great. It missed on revenue estimates, with analysts expecting the company to bring in $28.24 billion rather than the $27.9 billion it reported. But the company… Source link

Jusuf Nurkic made headlines when he approached a fan, Steven Geske, after a game between Portland and Indiana, and threw the fan’s phone. The aftermath of the incident has caused the fan to sue Nurkic, Trail Blazers and Yahoo’s Chris Haynes. Nurkic was fined $40,000. Two days after the incident, Haynes tweeted that “the fan who Portland Trail Blazers center Jusuf Nurkic confronted in Indiana allegedly shouted “your mom is trash” and said his “grandma’s a (expletive).” Nurkic’s… Source link

Two years ago, Las Vegas lost a chance to host the NFL draft when COVID-19 swept around the country, turning it into a one-off virtual event. Vegas will be the host for the 2022 draft, which kicks off with Thursday night’s Round 1 in Sin City, but natural phenomena are once again creating potential challenges for the league. There is no threat of the NFL draft being canceled or delayed, and this time COVID is not the acute concern — weather is. According to early forecasts, wind could be… Source link

Skift Take Good morning from Skift. It’s Thursday, April 25, in New York City. Here’s what you need to know about the business of travel today. Rashaad Jorden Today’s edition of Skift’s daily podcast discusses Google’s huge travel recovery, Wyndham’s growing ambitions, and Finnair’s solution to its Russian problem. Listen 🎧 Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts Episode Notes Google has… Source link

Google announced this week that it’s expanding the types of personal information that users can request to be removed from search results. Under the new policy expansion, people can request the removal of personal contact information, such as a phone number, email address or physical address. Prior to this expansion, the policy mainly covered information that would let other people steal your identity or money, such as banking and credit card details. The… Source link

Lately, the prospect of an economic slowdown has struck fear into traders and economists alike. This month, The World Bank slashed its projection for global economic growth. The Dow (^DJI) fell 810 points, or 2.4%, on Tuesday in part over concerns of a downturn. And Deutsche Bank raised the possibility of a “major recession” as result of Federal Reserve rate hikes and asset tapering in a recent note. In a new interview, Wall Street veteran and investing guru Sallie Krawcheck took those fears… Source link

On Thursday, President Joe Biden announced a proposal to get even more aggressive with the billions seized from Russian oligarchs who have close ties to Vladimir Putin. The White House released the outlines of what it calls a new comprehensive legislative package around Ukraine that includes provisions to “streamline the process for seizure of oligarch assets, expand the assets subject to seizure, and enable the proceeds to flow to Ukraine,” the White House said. The move on oligarchs and… Source link

Ex-Google CEO and chairman Eric Schmidt says he’s invested “a little bit” of money into cryptocurrencies — but for him, the most interesting part of blockchain isn’t virtual currency. It’s Web3. “A new model [of the internet] where you as an individual [can] control your identity, and where you don’t have a centralized manager, is very powerful. It’s very seductive and it’s very decentralized,” Schmidt, 67, tells CNBC Make It. “I remember that feeling when I was 25 that decentralized would… Source link

Google is expanding its sensitive ad categories options, letting users limit how many ads they see about dating, pregnancy, parenting, and weight loss, and making those settings apply to more places. The feature was introduced as a way to let people see fewer ads on YouTube about potentially addictive gambling or alcoholic products, but now it seems that Google is expanding it to cover other potentially uncomfortable or traumatic subjects. Your settings will now apply to all of Google’s… Source link

Moderna (MRNA) filed a request for emergency use authorization (EAU) for its COVID-19 vaccine for use in kids between 6 months and under 6 years Thursday. The request is for the approval of two doses of 25 micrograms of the mRNA vaccine. Moderna’s clinical data showed the vaccine was 51% effective for the older cohort of the age group, from 2 years to under six years, and 37% effective for the younger group. The company said this is about the same as adult vaccine efficacy of two doses against… Source link