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It wasn’t too long ago that Dave Hoffmann told me about his life in the restaurant industry.  “I am sort of a product of minimum wage. I grew up in the restaurants. That has been my whole life. It was burgers and fries at 16 and it’s donuts at 50,” Hoffmann recalled in a 2018 interview on the day he was announced as the next CEO of then publicly traded Dunkin’ Brands.  Hoffmann — who before Dunkin’ spent years as a top executive at McDonald’s — went on to sell Dunkin’ Brands to Arby’s… Source link

Nvidia’s (NVDA) $40 billion deal to purchase the U.K.-based chip developer ARM from SoftBank is all but dead. That’s at least what Susquehanna senior equity analyst Chris Rolland took away from Nvidia’s leadership during the company’s Q3 earnings call on Wednesday. “I think some of the commentary [on Wednesday] kind of puts the final nail in the ARM coffin here,” Rolland told Yahoo Finance Live. Nvidia initially made the $40 billion deal public in September 2020 with expectations… Source link

Food ordering and delivery platform Grubhub is rolling out its services to the University of Arizona using Yandex Self-Driving Group’s delivery robots — also known as rovers — following a similar launch at Ohio State University in September, according to a press release. The 35,000-plus University of Arizona Wildcats will be able to order from on-campus dining locations — IQ Fresh, Einstein Bros Bagels, On Deck Deli and Sabor — using the Grubhub app. The third-generation robots… Source link

On November 19th, 2019, Google launched its Stadia cloud gaming service as a work in progress, and it’s arguably still one today. But one thing that’s consistently improved is the price of entry, and Google’s bringing it down even further to celebrate Stadia’s second birthday. You should now be able to purchase a Stadia Premiere Edition hardware kit with the Chromecast Ultra and Stadia Controller for just $22.22 or €22.22 in fourteen countries including the US and UK “while… Source link

What does Google’s parent company Alphabet want with robots? Well, it would like them to clean up around the office, for a start. The company announced today that its Everyday Robots Project — a team within its experimental X labs dedicated to creating “a general-purpose learning robot” — has moved some of its prototype machines out of the lab and into Google’s Bay Area campuses to carry out some light custodial tasks. “We are now operating a fleet of more than 100 robot… Source link

Saule Omarova, President Joe Biden’s , sketched out the possibility of “scary” scenarios emerging in cryptocurrency, but faced a mix of skepticism and agreement from senators on her views. During her appearance before the Senate Banking Committee on Thursday, Omarova — who is being vetted to be the next Comptroller of the Currency, which regulates the majority of the nation’s banks — voiced concerns that large tech companies could control the payment infrastructure in the U.S. if… Source link

The billionaire investors stand in a league of their own. It’s not necessarily their wealth that puts them there – rather, it’s their success in the markets, in establishing themselves at the highest level of the financial world, that built their wealth. Cathie Wood, the founder and CEO of $75 billion asset manager Ark Invest, is one of Wall Street’s most influential investors due to her stock-picking power and her company’s impressive returns. Looking at the current market situation,… Source link

The Internal Revenue Service’s Criminal Investigations Unit (IRS-CI) seized $3.5 billion from cryptocurrency-related fraud cases over the fiscal year of 2021, according to an annual report published by the agency, underscoring how the booming sector has also sparked a rise in the illicit use of crypto. According to the IRS-CI, 93% of the total money they seized this year came from crypto-related cases, the latest sign that fraudsters and scammers have found a way to leverage the soaring… Source link

Russian internet search engine Yandex has with some partners brought out the first delivery of servers produced in Russia, reports Telecomdaily.ru. The servers will be used in data centres for the expansion of cloud platform Yandex.Cloud and supercomputers from Yandex. The servers are currently being tested on Yandex infrastructure. Source link

Watching inflation erode purchasing power is frustrating. From consumer products to housing and gasoline — products and services are going up in price in this inflationary environment. Yahoo Finance asked several stock market experts: How can investors hedge against inflation? These are some of the strategies they highlighted:  Equities “Equities are traditionally viewed as an inflation hedge because it is expected that a company will be able to offset rising input costs by charging more… Source link