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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

Investors in the Ark Innovation ETF (ARKK) have been fed through the wringer this year, as Cathie Wood’s flagship disruption fund is already down 22% — whipsawing investors in both directions. Of the 44 components of the fund, including Tesla (TSLA), Shopify (SHOP), Zoom Video (ZM), none are currently up on the year — leaving investors to lick their wounds. Since the ARKK topped out just shy of $160 nearly one year ago, rallies have become increasingly short-lived — such as last week’s… Source link

Peloton (PTON) will look to a hardcore numbers man with major cred on Wall Street to stabilize its ship. The company will appoint Barry McCarthy as CEO, replacing founder and CEO John Foley who will move into the executive chairman role the company said on Tuesday. Peloton will also slash 2,800 jobs as it seeks to better align costs with slowing demand for its connected bikes. Peloton said it aims to achieve $800 million in cost savings while also slashing capital expenditures by $150 million… Source link

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, February 8, 2022 Geopolitics are pushing oil toward $100, and that’s a problem for inflation Ukraine and OPEC have become inflation risks — of sorts. And Wall Street, preoccupied as it has become with a host of other issues like interest rates, earnings and economic growth, has yet to fully appreciate why they matter. Investors… Source link

On the occasion of Safer Internet Day 2022, Google has pinned a shortcut to its Security Checkup feature right below the search bar on the Google homepage. Here’s how you can use Security Checkup to make sure you have no security loose ends that could compromise your Google account in the future. How to take Google’s Security Checkup Step 1: Go to the Google Security Checkup page Today you can find a quick shortcut to this page right below the Google homepage search bar. If you don’t… Source link

Yandex (NASDAQ:YNDX) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, February 15th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link. YNDX opened at $45.99 on Tuesday. The stock’s fifty day moving average is $56.69 and its two-hundred day moving average is $69.31. The company has a market capitalization of $16.29… Source link

ZHANGJIAKOU, China — Eileen Gu is one of the finest freeskiers in the world, graceful and daring and utterly fearless. Off the skis, she possesses model-level poise, speaks two languages fluently, plays deft piano, is preparing to attend Stanford this fall, and exhibits the kind of compassion and empathy that allows her millions of social media followers to feel they truly know her. In an Olympics short on Phelps/Biles-style American athletic royalty, she would be at the forefront of Team… Source link