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The explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani. Now, the author who made a name spotting market bubbles in his book “Boombustology: Spotting Financial Bubbles Before They Burst,” says another one may be about to pop. “I believe a passive investing bubble has been brewing and may, in fact, have started showing some… Source link

Google can’t seem to catch a break with software updates for the Pixel 6 and Pixel 6 Pro, the first phones that are powered by the company’s own Tensor chip. After having to pull an earlier update that caused a rash of bugs and connectivity issues for early buyers of the phones, Google tried to get back on track by taking its time with the January update. That seemed to go okay, and yesterday, the Pixel 6 and 6 Pro both received the February software release (with more bug fixes in… Source link

The LinkedIn posts of departing Peloton employees (and those people in the industry willing to help them) are piling up on Tuesday, one comes from the former CEO of Precor. Peloton spent $420 million to buy commercial fitness giant Precor in December 2020 as it sought to build out production capacity to support its then views of strong future demand. It stands as the company’s largest acquisition in its history. The acquisition gave Peloton 625,000 square feet of U.S. manufacturing capacity… Source link

Nudging users toward security works. That’s the top-line finding four months into Google’s initiative to enroll users in two-factor authentication by default, detailed in a blog post to coincide with Safer Internet Day on February 8th. In October 2021, the company announced plans to turn on two-factor authentication by default for 150 million Google users who were not currently using the service and to require 2 million YouTube creators to use it. In the latest post, Google says it

Google today announced a couple of updates to Chrome that bring, among other things, a new way to resume your past searches in the browser. This new feature, dubbed ‘Journeys,’ is now rolling out to Chrome on the desktop and will smartly group past searches by topic. The browser will automatically highlight this new experience when you start searching for a related term, or you can head diretly to the new Chrome History Journey page once it’s enabled on your browser. Image… Source link

Passwords are plagued with problems. Brett Pearce/CNET … Source link

Timed to coincide with Safer Internet Day, Google today introduced a handful of new product features across various apps and services, including Google Assistant, Google Fi, Google One, and more, as well as partnerships aimed at expanding access to information about staying safe online. Notably, the company says it’s donating $5 million to educational nonprofit Khan Academy for the development of free, online safety lessons. Google is also working with nonprofit policy and political… Source link

An actor in an infamous Peloton advertisement.Peloton Peloton is firing over 2,800 employees — about 20% of its corporate staff. The severance package for those fired employees includes a one-year Peloton membership. CEO John Foley is also stepping down after a challenging quarter and slowing demand for the product. Peloton is firing over 2,800 employees — 20% of its corporate workforce — because of an ongoing downturn in the company’s business. As part of the severance plan for the over… Source link

The launch last week of Google Workspace Essentials Starter Edition aims to offer business users a no-cost solution designed to enhance teamwork and innovation with secure-by-design collaboration. Google said Essentials Starter was designed to help employees and their teams break down silos and work together in new ways, even if their organization relies on legacy productivity tools that weren’t built for the hybrid era of work. In a recent survey the company… Source link

A top Treasury official on Tuesday is expected to make the case to Congress that there are gaps in the framework for stablecoins, should they become widely used by households and businesses. As lawmakers and the White House weigh oversight of the booming cryptocurrency sector, regulators and policymakers need to monitor stablecoins closely, according to Nellie Liang, Undersecretary for Domestic Finance. Liang is testifying before the House Financial Services Committee as the sole witness on… Source link