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Wednesday, July 14, 2021 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 Amazon (AMZN) founder Jeff Bezos will launch Tuesday from a remote area of west Texas on his Blue Origin rocket, becoming the second billionaire this month to leave the Earth, albeit briefly. Bezos’ July 20 flight on the New Shepard spacecraft will come less than two… Source link

As the cameras panned in and out of commercial breaks during Game 3 of the NBA Finals on July 11, ESPN was still advertising something — just not a product. Instead, the cameras focused on a neighborhood filled with Milwaukee Bucks fans gathered for a watch party reminiscent of a European soccer crowd. “I think in our wildest dreams, we couldn’t imagine that we have more people outside than we’d have inside,” Bucks and Fiserv Forum President Peter Feigin told Yahoo Finance Live on… Source link

Google and other Big Tech companies face challenges in every legal sphere, from the U.S. Congress and state legislatures to federal and state courts and authorities in foreign jurisdictions. Most critics of Google, Facebook, Twitter, Amazon, and other tech giants focus on the companies’ market conduct and argue that their operations are anti-competitive and monopolistic. The Federal Trade Commission and state attorneys general have brought antitrust litigation against these… Source link

Where you go, Google knows. Here’s how to stop it from knowing where you are all the time.  Getty Images You turned… Source link

Several prominent Democratic lawmakers are asking the Education Department (ED) about student debt collection practices in the face of a potential wave of student loan defaults when the pandemic payment pause expires, Yahoo Finance has learned. “With student loan and interest payments scheduled to resume on October 1, 2021, and a wave of loan delinquencies and defaults likely to follow, we are concerned about the Department resuming these payment collections and are seeking information about… Source link

The U.S. men’s national basketball team got a reality check on the road to Olympic gold this week, losing two consecutive exhibition games against Nigeria and Australia. But for Mark Tatum, the deputy commissioner and chief operating officer of the NBA, those defeats marked a victory of sorts, in the league’s decades long quest to internationalize the game of basketball. “The world is getting better, and I think that makes basketball a much more attractive game for the world to… Source link

The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively.  The decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading.  In a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as… Source link

9to5Google Where many other companies were focused on releasing Android phones with the biggest and most… Source link

The growing number of COVID cases in the U.S. indicates a major divide between the vaccinated population and those who choose to remain unvaccinated. The 7-day moving average of new cases increased by 16% last week, according to CDC data, and roughly 93% of those cases were among counties with low vaccination rates.  “The problem is we have a tale of two pandemics,” Dr. Andre Campbell, a California-based ICU physician and trauma surgeon, said on Yahoo Finance Live recently (video above)…. Source link

Delta Air Lines (DAL) on Wednesday reported a narrower than expected loss in the second quarter, with “accelerating demand” putting the airline back on a path to profitability. Here are the main results from the Q2 report, compared to consensus estimates compiled by Bloomberg: Adjusted pre tax income (loss): $881 million vs ($898 million) estimate Adjusted earnings (loss) per share: ($1.07) vs ($1.42) estimate GAAP earnings per share: $1.02 vs (0.17) estimate Revenue: $6.3 billion vs. $6.3… Source link