United Parcel Service Inc. is set Tuesday to announce an expansion of its 2019 deal with Alphabet Inc.’s Google Cloud as the logistics company rolls out new data initiatives. As part of the expansion, UPS will receive increased network, storage and compute capacity. It will continue using Google’s artificial-intelligence and machine-learning tools to analyze its incoming data, which is… Source link
Read More »Rising interest rates may be a good thing for home prices: 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 Tuesday, March 22, 2022 Home prices are soaring and later this morning we will find out by how much, when the latest S&P CoreLogic Case-Shiller national home price index is released. On top of exorbitant home prices, mortgage rates are on the rise — the 30-year fixed mortgage (most common among homebuyers) topped 4% earlier this month for the… Source link
Read More »Justice Department Backs Bill That Targets Amazon, Google, Apple: Report
Text size Thomas Samson/AFP via Getty Images The Department of Justice is backing legislation that would forbid… Source link
Read More »Reid Hoffman’s start-up poaches staff from Google, Meta
Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is to develop AI software products that make it easier for humans to communicate with computers. When the company was… Source link
Read More »Russian tech giant’s data harvesting raises security concerns
Russia’s biggest internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in its home country. The revelation relates to software created by Yandex that permits developers to create apps for devices running Apple’s iOS and Google’s Android, systems that run the vast majority of the world’s smartphones. Yandex collects user data harvested from mobiles, before sending the information to… Source link
Read More »UConn advances to 14th straight Final Four
Connecticut is on to its 14th consecutive Final Four after a double-overtime thriller. The No. 2-seeded Huskies downed No. 1 seed NC State, 91-87, in what was essentially a home game in the Bridgeport region on Monday. It was the first double-overtime game in the Elite Eight or later in women’s tournament history. Paige Bueckers came up clutch in the first overtime period and hit the opening 3-pointer 20 seconds into the second OT to put the Huskies up 80-77. UConn led by as many as five, the… Source link
Read More »Russian Tech Giant Yandex’s Boardroom Is Fractured by Ukraine War
The 10 people who convened in Moscow in mid-February came from multiple countries and professions but they had one thing in common: They were all directors on the board of Yandex, Russia’s largest internet company. Russia had not yet invaded Ukraine, and though much of the world was on edge, people in Moscow and on the board of Yandex were incredulous that war was coming. Yandex’s board meeting in the Russian capital, the first in-person meeting in two years,… Source link
Read More »NFL announces Rooney Rule requirements
Amid the backdrop of Brian Flores’ racial discrimination lawsuit, the NFL is updating its diversity policy that will require teams to hire a minority or female candidate as an offensive assistant, the league announced Monday. The NFL announced the policy change from its annual owners meetings in Palm Beach, Florida. “Beginning this season, all 32 clubs will employ a diverse person [female or a member of an ethnic or racial minority] to serve as an offense assistant,” the new policy reads. The… Source link
Read More »Stock market news live updates: March 29, 2022
Futures on Wall Street’s main benchmarks were little changed ahead of overnight trading Monday following a choppy session that saw stocks climb in the final hour to cap the day at six-week highs. Contracts on the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite were muted post-market after advancing into a third week, buoyed by a comeback in technology stocks. Big names in the sector — Tesla, Amazon, and Apple — each rallied during intraday trading Monday following a rough… Source link
Read More »‘It should never have been signed into law’
Disney (DIS) is fighting back against Florida’s controversial Parental Rights in Education Act, which critics have infamously dubbed the “Don’t Say Gay” bill. On Monday, Florida Governor Ron DeSantis officially signed the bill into law. The media giant released the following statement in response: Florida’s HB 1557, also known as the ‘Don’t Say Gay’ bill, should never have passed and should never have been signed into law. Our goal as a company is for this law to be repealed by the… Source link
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