Google urged to abandon Saudi cloud project

Google announced plans late last year to establish a “cloud region” in Saudi Arabia in partnership with Saudi Aramco. Google (GOOGL) said that services offered as part of its agreement with the mammoth state oil company would allow businesses in the region to “confidently grow and scale their offerings.” But groups including Amnesty International and Human Rights Watch have criticized the deal, citing concerns raised following the 2018 killing of journalist Jamal Khashoggi and allegations… Source link

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Jaguars’ Trevor Lawrence Q&A on Tebow, Urban Meyer, more

It’s still the honeymoon — literally and figuratively — for the recently married Trevor Lawrence as he embarks on his Jacksonville Jaguars career, and life is pretty good right now. Yes, the expectations are high, as Lawrence is the favorite to win AP Offensive Rookie of the Year at +275 with BetMGM, but he has yet to hit his first roadblock in the NFL. Nonetheless, we were excited to catch up with Lawrence for a few minutes Tuesday night to ask him about his maiden voyage. He joined… Source link

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‘Not a chance’ Tesla will dominate car industry in 20 years: Bruce Greenwald

Tesla (TSLA) short sellers are up $4 billion so far this year, driven by the stock’s fall back to earth after a steep rise of more than 695% last year, according to an analysis by S3 partners that CNN reported.  Investor Michael Burry, who anticipated the 2008 housing collapse and was made famous by the book and movie “The Big Short,” last week revealed that his firm Scion Asset Management had joined the army of Tesla short sellers to the tune of more than 800,000 shares worth about $534… Source link

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Russia Raises Heat on Twitter, Google and Facebook in Online Crackdown

LONDON — Russia is increasingly pressuring Google, Twitter and Facebook to fall in line with Kremlin internet crackdown orders or risk restrictions inside the country, as more governments around the world challenge the companies’ principles on online freedom. Russia’s internet regulator, Roskomnadzor, recently ramped up its demands for the Silicon Valley companies to remove online content that it deems illegal or restore pro-Kremlin material that had been blocked. The warnings have come… Source link

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Ford says it will spend $30 billion to fuel its electric vehicle future

TipRanks Nio vs. Tesla: Investors on the Fence The race for global EV supremacy is on, and growth investors have quite the range of options to choose from in the EV sector. The adoption of EVs is set to continue to accelerate over time. The EV sector is expected to grow at a CAGR of 29% from 2021 to 2026. As such, growth investors have flocked to both Tesla (TSLA) and Nio (NIO) as the beneficiaries of this incredible growth catalyst. Now, the question most investors have on their minds is:… Source link

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Google Strikes Deal With Hospital Chain to Develop Healthcare Algorithms

Alphabet Inc.’s GOOG 0.29% Google and national hospital chain HCA Healthcare Inc. HCA 0.50% have struck a deal to develop healthcare algorithms using patient records, the latest foray by a tech giant into the $3 trillion healthcare sector. Nashville, Tenn.,-based HCA, which operates across about 2,000 locations in 21 states, would consolidate and store with Google data from digital… Source link

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Home prices will fall and ’cause some pain’

Bloomberg Old-School Tycoons of Hong Kong Are Losing to China’s Moguls (Bloomberg) — The prediction was vintage Jack Ma, as provocative as it was prescient.“This is the era of the internet,” the Chinese billionaire proclaimed in October 2013, just weeks after his plan to take Alibaba Group Holding Ltd. public in Hong Kong had been scuttled by regulators. “It no longer belongs to Li Ka-shing.”Ma’s dig at the famed Hong Kong tycoon raised plenty of eyebrows at the time, but few… Source link

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Bitcoin breaks above $40,000 as market rallies

‘Bitcoin prices continue to recover from their recent hangover,’ said one expert. Photo: Getty Images Cryptocurrencies are continuing to recover from the weekend sell-off, with bitcoin crossing the $40,000 (£28,258) mark. It still remains far from its record-high of $63,000 though, which it hit earlier this year. Bitcoin (BTC-USD) was up 4.2% to trade at $40,500 on Wednesday morning. Ethereum (ETH-USD), the second-biggest cryptocurrency by market cap, was up roughly 9.4%, trading at $2,896…. Source link

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Bitcoin edges back from $40,000 as volatility lingers

NEW YORK (Reuters) – Bitcoin climbed back above $40,000 on Wednesday for the first time this week, before edging off its highs, as recent volatility in the cryptocurrency market showed few signs of dampening down.    Bitcoin jumped as much as 6.5% to $40,904, before easing back to around $38,797 at 11:45 a.m. Eastern time. Smaller coins, which tend to rise and fall with the largest cryptocurrency, also gained, with ether climbing more than 7.5% to above $2,915 earlier in the… Source link

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