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Billionaire investor Charlie Munger on Wednesday acknowledged worldwide “tension” over wealth inequality but said critics of the ultra-rich are “motivated by envy.” “It is the nature of our species that we look around us at other people and are envious of them if they have more than we do,” added Munger, the vice chairman of Berkshire Hathaway (BRK-A, BRK-B). “That envy has always been a big problem.” Munger, 98, made the remarks in an exclusive interview with Yahoo Finance’s… Source link

The cost of a Google home really boils down to the number of devices you want.  … Source link

Google has added new features to its Workspace productivity apps, including automated document summaries and the ability to embed Google Maps into documents. The changes build on the “smart canvas” concept the company unveiled last year to modernize its application suite by connecting the various tools in a shared, all-in-one workspace.  Among the initial features announced last year were “smart chips” that let users link information between documents… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, February 16, 2022 Meta wants to sell us the metaverse without saying what it is Facebook parent Meta (FB) is banking on the metaverse to save it from plateauing user numbers and competition from the likes of TikTok. But the social media giant blew its first real chance at giving the… Source link

In an exclusive interview Wednesday with Yahoo Finance Editor-in-Chief Andy Serwer, legendary investor Charlie Munger weighed in on the high stakes of soaring inflation in the United States. Citing examples from the Roman Republic to Adolf Hitler to Latin America, Munger said, “Inflation is a very serious subject, you could argue it is the way democracies die.” He notes that it was after of years of inflation when “eventually the whole damn Roman Empire collapsed, so [the current… Source link

The stage is set for this week’s Genesis Invitational and it’s all taking place at The Riviera Country Club in Pacific Palisades, California. The classical course draws rave reviews from most players but it’s not the easiest course to figure out. That is why course history is something we should take a look at today. Before that, let’s have a look at putting performance on poa annua greens. That is part of the puzzle that makes Riviera CC so tricky. Putting on Poa The greens are speedy and… Source link

News releases  |  Research  |  Technology February 16, 2022 Image search results in Google still reflect gender bias. A search for an occupation, such as “CEO,” yielded results with a ratio of cis-male and cis-female presenting people that match the current statistics. But when UW researchers added another search term — for example, “CEO United States” — the image search returned fewer photos of cis-female presenting people.University of… Source link

Shopify’s stock fell as much as 19 per cent following the release of fourth quarter results on Wednesday. Shopify’s stock plummeted as much as 19 per cent on Wednesday as the company forecast slower growth in 2022 due in part to inflation concerns. The e-commerce company says it expects revenue growth in 2022 to be lower than the 57 per cent growth it achieved in 2021, a year that saw Shopify’s stock hit a high of $1,762.92 last November as it held the position of most valuable company in… Source link

Meta (FB) CEO Mark Zuckerberg on Tuesday unveiled new plans for the company’s turn toward the metaverse, introducing company values like “live in the future” and telling employees they’ll be referred to as “metamates.” Shares of Meta ticked up slightly on the day but the company’s stock remains about 31% below where it stood upon the release of disappointing earnings at the outset of the month. Observers on Wall Street and in Silicon Valley have attributed the sudden collapse to sluggish user… Source link

Stocks dipped Wednesday after jumping a day earlier when an apparent deescalation of Russian advances in Ukraine helped boost U.S. equities. Investors also eyed a fresh print on the state of consumer spending in the Commerce Department’s latest retail sales report, which showed a larger-than-expected rebound in consumption at the start of the year. The S&P 500 edged down. On Tuesday, the index closed higher by 1.6% in its first rise in four sessions. The jump came amid an announcement from… Source link