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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 Friday, February 11, 2022 No rest for inflation weary consumers Alas, the wizard Gandalf could only hold the line for so long. After the government reported consumer prices ran white-hot in January, yields on the 10-year Treasury finally breached the psychologically-key 2% threshold on Thursday, which sent stocks into a fresh tailspin. Perhaps I… Source link

BRUSSELS, Feb 11 (Reuters) – Google (GOOGL.O) on Friday was targeted in an antitrust complaint by the European Publishers Council over its digital advertising business, potentially strengthening EU antitrust chief Margrethe Vestager’s investigation into the issue. Alphabet Inc’s Google made $147 billion in revenue from online ads in 2020, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profits. read more

With President Biden set to announce a nominee to replace the retiring Supreme Court Justice Stephen Breyer by the end of February, most Americans now say they’re lukewarm about his promise to pick a Black woman for the first time in U.S. history, according to a new Yahoo News/YouGov poll — while also saying the top three Black women on Biden’s shortlist are “qualified” to sit on the court. The survey of 1,628 U.S. adults, which was conducted from Feb. 3 to 7, found that a clear… Source link

Google’s plan to phase out third-party cookies and replace them with a bundle of new standards referred to as the “Privacy Sandbox” just overcame a key regulatory hurdle. The UK’s competition regulator, the Competition and Markets Authority (CMA), has formally accepted Google’s commitments about how it’ll develop the new standards so they don’t harm competition or unfairly benefit the search giant’s own advertising business, the regulator announced today. Google’s plans… Source link

LOS ANGELES — Los Angeles Rams fans and Super Bowl ticket buyers who live in close proximity to the surrounding area appear to be taking their sweet time. So much so that Thursday morning saw the average ticket price of Super Bowl LVI fall below the Super Bowl LV average for the first time since Sunday’s matchup was set between the Rams and Cincinnati Bengals. Thursday also featured a somewhat surprising slide in “get in” prices for the cheapest seats, hitting $3,400 all-in per seat… Source link

The Houston Rockets offered the Los Angeles Lakers a deal that would have swapped John Wall for Russell Westbrook, but the Lakers declined to include a first-round pick, sources told Yahoo Sports. The discussion ended because of the refusal to include the draft pick, sources said. The Lakers did not make any moves before the trade deadline despite losing six of their last eight games. Now, the Lakers will look to the buyout market, sources said. However, that path also looks dim to bring in a… Source link

Google has announced that it’ll shut down Currents, which was introduced in 2019 as a replacement for Google Plus for G Suite. In a blog post, the company says it’s “planning to wind down” Currents, and that it’ll push the people who were using it to Spaces, which is sort of like Google Chat’s version of a Slack channel or Discord room. Google says that it’s making the change so users won’t have to work in a “separate, siloed destination” — instead, they’ll be… Source link

Stock futures dipped Thursday evening to add to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade high print on inflation. Contracts on the S&P 500 fell. The index slid by 1.8% earlier on Thursday and the Nasdaq dropped 2.1%, as technology shares came under pressure while Treasury yields spiked. The benchmark 10-year yield broke above 2% for the first time since August 2019. Stocks sold off and… Source link

A Nest thermostat is installed in a home in Provo, Utah, January 15, 2014. REUTERS/George Frey Register now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Energy management company EcoFactor said Google mimics its energy-efficiency technology EcoFactor has similar cases against Amazon, Vivint, others The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and… Source link

Fanatics founder and CEO Michael Rubin is going to miss the legend that is Tom Brady. In part it reflects Rubin’s (who is partial owner in the Philadelphia 76ers) love of all things sports, but also because his online sports apparel giant sells a ton of Brady gear. “Nobody has ever sold more jerseys in the history of our company, in the history of sports than Tom Brady. He is literally a selling machine,” Rubin said on Yahoo Finance Live. “We thought when he played for the Patriots and won… Source link