After more than 24 hours to think about it, Miami Dolphins owner Stephen Ross issued a fiery response to the claims made against him by ex-coach Brian Flores. Ross released a statement just before midnight local time on Wednesday calling Flores’ allegations in a class-action lawsuit “malicious” and “defamatory” while vowing to defend himself. “With regards to the allegations being made by Brian Flores, I am a man of honor and integrity and cannot let them stand without responding,” Ross… Source link
Read More »Wendy’s adds 2 new items in big bet on breakfast — and chicken sandwiches
Wendy’s (WEN) — the self-proclaimed “Queen of Spice” — is adding two new menu entrees: a hot honey chicken biscuit breakfast sandwich and a chicken sandwich. Dubbed the “hot honey duo,” the latest entrants into the chicken sandwich wars will retail for $5.99 (chicken sandwich) and $3.19 (chicken biscuit), hitting Wendy’s locations nationwide on February 8th. Both options include what the company says is the “sweet taste of honey with a fiery habanero kick” and will be a part of the ‘Made… Source link
Read More »Stock futures unchanged after Dow, S&P 500 start year at all-time highs
Futures tied to Wall Street’s key benchmarks were mixed heading into overnight trading Wednesday after stocks closed higher for the fourth straight day on the heels of Big Tech earnings. However, the winning streak in equities was eclipsed by disappointing fourth quarter results from Facebook parent company Meta (FB), which reported figures that missed estimates after the bell on Wednesday. The results sent shares tumbling more than 20% in post-market trading. Contracts on the tech-focused… Source link
Read More »With a $22B run rate, does it matter if Google Cloud still loses money? – TechCrunch
Google’s public cloud has been chasing competing services from Amazon and Microsoft for so long, you might think it would be getting winded. But the critical Alphabet division keeps on keeping on, yesterday reporting revenues of more than $5.5 billion for the fourth quarter. That was the good news. The bad news was that Google Cloud accrued operating losses worth $890 million at the same time. It may be hard to understand how a business with a run rate greater than $22 billion is… Source link
Read More »Two members of Google’s Ethical AI group leave to join Timnit Gebru’s nonprofit
Two members of Google’s Ethical AI group have announced their departures from the company, according to a report from Bloomberg. Senior researcher Alex Hanna, and software engineer Dylan Baker, will join Timnit Gebru’s nonprofit research institute, Distributed AI Research (DAIR). In a post announcing her resignation on Medium, Hanna criticizes the “toxic” work environment at Google, and draws attention to a lack of representation of Black women at the company. “Prior to… Source link
Read More »The Joe Rogan controversy has exposed Spotify’s biggest weakness
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, January 19, 2022 Spotify needs to keep its artists happy, or it will have nothing Spotify (SPOT), the world’s most popular music streaming service, faces an existential threat in the form of a boycott by the very artists it needs to survive. So far, Neil Young and Joni Mitchell have… Source link
Read More »Yahoo Cup Fantasy Golf Picks This Week for the 2022 AT&T Pebble Beach Pro-Am
There’s not much better than free when it comes to DFS. So with Yahoo and Yahoo Fantasy offering a $15,000 freeroll called the PGA “Yahoo Cup,” now is the time to join for free cash prizes week in and week out. Additionally, there is a season-long points chase with even more money handed out at the end of the year. It will go for 39 weeks, with the lowest nine weeks of scoring being dropped from your total score, so join now for the best chance to win even more prizes. Let’s dig into… Source link
Read More »All that COVID aid included $366 billion for the wealthy
Congress is getting better at heading off devastating recessions. Yet the gusher of stimulus money Congress provided to offset the COVID recession during the last two years included hundreds of billions of dollars for wealthy Americans, with little benefit to the ordinary workers the money was supposed to help. New research by MIT economist David Autor and nine others finds that the Paycheck Protection Program, an $800 billion aid package Congress passed in March 2020, was one of the… Source link
Read More »Purdue University lawsuit says Google copied smartphone technology
The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register University’s patent covers tech for fixing software code Complaint says Google engineer copied code for Android software (Reuters) – Purdue University’s Purdue Research Foundation has sued Google LLC in Texas federal court, alleging that Android software for eliminating programming errors in smartphones copies… Source link
Read More »S&P 500 gains 0.9%, Dow adds 224 points, or 0.6%
Stocks rose in a choppy session Wednesday as investors mulled a fresh batch of earnings results from some major index components and tried to further shake off January’s volatility. The S&P 500, Dow and Nasdaq gained just after noon in New York. A spate of better-than-expected corporate earnings helped partially offset some more concerning signs of an Omicron-induced slowdown in growth at the start of the year. ADP reported Wednesday morning that private-sector U.S. employers cut 301,000… Source link
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