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Jack Dorsey logging out as Twitter CEO is a good thing for investors, contends veteran internet analyst Brent Thill at Jefferies. “I think everyone is excited for the change,” Thill said on Yahoo Finance Live. “The company has not achieved its full vision.” Thill rates Twitter’s stock a Hold. Dorsey said Monday he is stepping down as CEO. He will be replaced by CTO Parag Agrawal, who has been with Twitter for more than a decade. “I’ve decided to leave Twitter because I believe the company is… Source link

Google The year is officially ending, and Google is rounding out 2021 with its annual best of apps list. Balance and Pokémon Unite top the list, but all sorts of other apps and games have received awards. Balance is an app designed to help with meditation and sleep, which is especially helpful with the current state of things. The app’s description says, “Improve your stress, sleep, and more with the world’s first personalized meditation program, now free for your first year.”… Source link

The anti-monopoly regulation unit of the Eurasian Economic Commission has completed an investigation into Russian internet search engine Yandex, reports Vedomosti. The investigation looked at potential abuse of the company’s dominant position in the internet search advertising market. Source link

Google pulls the plug on e-commerce giant Wish in France for listing unsafe goods | Fortune … Source link

Google today announced the winners of its “Best of 2021” app awards, which highlight both the company’s and users’ picks for the best apps and games from the past year. This year, Google is expanding its awards lineup to include apps and games on tablets, Wear OS and Google TV, it says. Its U.S. winners included meditation app Balance as its app of the year and top game Pokémon UNITE. Meanwhile, Paramount+ and Garena Free Fire MAX won the user’s choice awards. In 2020, the… Source link

Elizabeth Holmes’ high-stakes decision to testify in her own defense could reach its most risk intense phase Monday as prosecutors’ inevitable cross-examination draws nearer. The failed blood-testing entrepreneur is scheduled to return to the stand for her fourth day of testimony. Holmes, founder and CEO of the now defunct Silicon Valley biotech startup, Theranos, faces 11 counts of fraud for allegedly lying to investors and patients about her company’s capabilities. Each count carries… Source link

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S. REUTERS/Andrew Kelly MOSCOW, Nov 29 (Reuters) – A Moscow court fined Alphabet Inc.’s (GOOGL.O) Google 3 million roubles ($400,386) on Monday for not deleting content that it deemed illegal, part of a wider dispute between Russia and the U.S. tech giant. Russia in October threatened to fine Google a percentage of its annual Russian turnover for repeatedly failing to delete banned content on its search… Source link

Wall Street has known its share of legends, but few of them have made as big a splash as “the Man Who Broke the Bank of England.” That nickname belongs to George Soros who earned the tag after famously betting against the British Pound in 1992; following the Black Wednesday crash, the hedge fund manager pocketed a $1 billion in a single day. This is the stuff that Wall Street legends are made of. By then Soros was already incredibly successful and in the midst of steering his Quantum Fund to… Source link

Stocks jumped Monday morning to recover some losses after Friday’s slide, when uncertainty over a new coronavirus variant stoked volatility across global markets.  The Dow gained more than 300 points, or about 0.9%. On Friday, the index had seen its worst day since October 2020, dropping more than 900 points, or 2.5%.  U.S. airlines and other travel stocks were mostly higher to steady after steep losses from late last week, when initial concerns over the newly discovered Omicron variant of… Source link