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Pop quiz: Do you think things more or less work out? Or do you think organized chaos is the nature of civilization? Most of us wish we could control outcomes and get desired results. But life tends to flow in uncontrolled and sometimes maddening directions. People fail each other. Marriages and relationships collapse. Accidents and disease cut plans short. “How complicated and unpredictable the machinery of life really is,” Kurt Vonnegut wrote in the great satirical novel “Cat’s… Source link

Lucid Motors (LCID) shares closed more than 10% lower on Wednesday at $17.79 a piece. The stock was under pressure because a lockup period expired for some of the electric vehicle company’s big investors. PIPE shareholders, which stands for private investment in public equity, are allowed to sell for the first time since Lucid went public via a SPAC in July. Shares fell as much as 19% during Wednesday’s session, their lowest price since listing on the Nasdaq. Lucid is backed by Saudi… Source link

Lucid Motors (LCID) shares closed more than 10% lower on Wednesday at $17.79 a piece. The stock was under pressure because a lockup period expired for some of the electric vehicle company’s big investors. PIPE shareholders, which stands for private investment in public equity, are allowed to sell for the first time since Lucid went public via a SPAC in July. Shares fell as much as 19% during Wednesday’s session, their lowest price since listing on the Nasdaq. Lucid is backed by Saudi… Source link

The Pixel 6. Notice how the bottom one has a bigger area above the camera block? That’s the “Pro” model. Google … Source link

Rather under-the-radar, Google (GOOG, GOOGL) is now holding the crown as the top-performing member of the closely watched FAANG (Facebook, Apple, Amazon, Netflix, and Alphabet’s Google) complex amid a summer surge in its stock price.  Shares of Alphabet, Google’s owner, tacked on an impressive 8.2% in August, lagging only behind a 12.8% pop in Netflix. But year-to-date, Alphabet holds a wide lead over its FAANG cohorts.  Alphabet’s stock has skyrocketed 66% on the year, thumping second… Source link

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 Last month, T-Mobile (TMUS), the nation’s largest wireless carrier, was hacked by a 21-year-old American living in Turkey named John Binns. In an interview with The Wall Street Journal, Binns said he spent about a week rummaging through the company’s servers. T-Mobile has since confirmed the… Source link

Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million. Verizon will be retaining 10% of the newly rebranded company. “This is a new era for Yahoo,” Yahoo CEO (and former VZM head) Guru Gowrappan said in a release tied to the news. “The… Source link

Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million. Verizon will be retaining 10% of the newly rebranded company. “This is a new era for Yahoo,” Yahoo CEO (and former VZM head) Guru Gowrappan said in a release tied to the news. “The close of… Source link

Angela Lang/CNET Apollo Global Management on Wednesday said it had completed… Source link

In the immediate aftermath of Afghanistan’s collapse at the hands of the Taliban, China wasted no time in capitalizing on what it viewed as a public relations win. China’s Foreign Ministry called the chaotic end to U.S. presence, “a lesson in reckless military adventures,” and issued a statement, calling for “friendly and cooperative relations with Afghanistan.” But, Eurasia Group President Ian Bremmer said the U.S. withdrawal from the country creates more headaches than… Source link