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Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer’s Conference, in San Francisco on Feb. 19, 2015. | AP Photo/Eric Risberg, File Former Yahoo CEO Marissa Mayer has contributed $200,000 to beat back an effort to recall Gov. Gavin Newsom, deepening the governor’s substantial Silicon Valley support. The outlay from Mayer bolsters Newsom’s massive cash advantage over Republican rivals and further demonstrates the extensive… Source link

Active bitcoin miners may see their profitability double following the 28% downward difficulty adjustment in mining on July 3, according to several mining sites.  The North American hash spread – an index invented by digital asset financial services platform BitOoda to measure the difference between bitcoin mining revenue per megawatt-hour and the cost of the needed power – has almost doubled to $449 from $225.  “Mining economics have improved significantly,” Sam Doctor, chief… Source link

(Bloomberg) — Didi Global Inc. plunged Tuesday in U.S. trading as the ride-hailing company faced scrutiny over its data security and a broader Chinese crackdown on companies listing their shares abroad. China’s State Council issued a sweeping warning to China’s biggest companies, vowing to tighten oversight of data security and overseas listings. That announcement followed the opening of a security review by China’s internet regulator last week and a demand for app stores to remove… Source link

Yandex Self-Driving Group, a unit of Yandex, the publicly-traded Russian tech giant, has announced a partnership with food delivery service Grubhub to be its multi-year robotic delivery provider across American college campuses. Yandex will begin operating this fall with dozens of vehicles, according to Dmitry Polishchuk, CEO of Yandex Self-Driving Group, and hopes to reach over 250 campuses. Last September, Yandex’s self-driving unit spun out from a joint venture… Source link

(Bloomberg) — U.S. stocks fell, snapping a streak of seven consecutive closing record highs, as a plunge in Treasury yields to the lowest since February weighed on banks and small caps. A gauge of the dollar strengthened and crude oil dropped from a six-year high. The benchmark S&P 500 was led lower by the energy and financial sectors, ending the rally of record closes that was the longest since 1997. Amazon.com pushed the Nasdaq 100 to another all-time high. Ride-hailing firm Didi Global… Source link

Clover Health (CLOV) is joining other Medicare Advantage (MA) plans in offering a grocery benefit to its members, an option that was first made available by the U.S. Centers for Medicare and Medicaid Services (CMS) in 2018.  Clover CEO Vivek Garipalli told Yahoo Finance the goal is to help alleviate health-determining factors, known in the industry as social determinants of health, which include access to healthy food. Major MA players like Humana (HUM) and Centene (CNC) have already begun to… Source link

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A Yandex.Rover autonomous delivery robot on a snow-covered path as it transports online food orders … [+] to customers in Innopolis, Russia, on Tuesday, Dec. 1, 2020. Yandex NV, Russia’s largest internet company, is rolling out a suitcase-sized robot that will attempt to deliver take-out despite winter snow storms. Photographer: Andrey Rudakov/Bloomberg © 2020 Bloomberg Finance LP Yandex, a Russian tech company working on self-driving systems, is partnering with GrubHub to deploy… Source link

Amazon (AMZN) officially has a CEO not named Jeff Bezos as of Monday (it’s Andy Jassy), but a stock price that’s acting like it normally does: moving up and to the right.  Shares of the tech beast have surged 14% to $3,642 in the past month in the lead-up to Jassy assuming the CEO mantle from the soon-to-be astronaut Bezos. As of Tuesday afternoon trading, Amazon’s ticker page was the most trafficked on the Yahoo Finance platform — beating out Didi (stock down 21% after a China crackdown… Source link

MOSCOW (Reuters) – Driverless robots will soon deliver food to students on college campuses in the United States after Russian tech giant Yandex and online food-ordering company GrubHub agreed a multi-year partnership, Yandex said on Tuesday. Sometimes described as Russia’s Google, Yandex offers a raft of services, from advertising and search to ride-hailing and food delivery. It began testing autonomous delivery robots in 2019 and already operates at some locations in central Moscow… Source link