How does Google make money? Advertising business breakdown

The Google logo is seen January 8, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. ROBYN BECK /AFP Alphabet’s market capitalization of over $1.5 trillion makes it one of the most valuable publicly traded companies in the world, trailing only Apple, Microsoft and Amazon. Created in 2015, Alphabet is essentially a holding company for Google, which generates nearly all of its revenue and profit. Google has always portrayed itself as a tech company and has invested in many… Source link

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Another Dip, Another $10M Bitcoin Purchase

Bloomberg Novogratz Says Bitcoin Risks Being Under Pressure for Weeks (Bloomberg) — Bitcoin is likely to remain under pressure for weeks after tumbling about 35% since hitting a record high last month, according to one of the biggest investors in the largest cryptocurrency.“I think we are going to consolidate for a while, four to six weeks,” Michael Novogratz, chief executive officer of Galaxy Digital LP, said in an interview, calling a $40,000-to-$50,000 price range fair.Bitcoin fell as… Source link

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Foundry’s Mike Colyer on US-China Mining Rivalry and Why Clean Bitcoin ‘Makes No Sense’

Mike Colyer leads one of North America’s biggest crypto mining companies, Foundry. Owned by Digital Currency Group (CoinDesk’s parent company), the startup emerged in 2019 and has quickly come to exemplify a trend: the comeback of U.S. crypto mining after years of living in the shadows of China’s greater hash power.  We caught up with Colyer for a preview of his thoughts on the China vs. U.S. rivalry in bitcoin mining, institutional adoption and the controversial concept of “clean… Source link

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Yahoo Japan offers free AI that allow clients to censor comments

TOKYO — Yahoo Japan has begun providing to clients, and even its rivals, a free service that uses artificial intelligence to determine if comments posted in Japanese on online forums are appropriate to its clients. The service will then allow the client companies to delete the posts or warn writers if they are deemed to be defamatory. Three companies, including social media-based news website NewsPicks, are the first since Yahoo launched the service in September to adopt the… Source link

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Yahoo Japan offers free AI that checks comments on forums

TOKYO — Yahoo Japan, owned by Z Holdings, has begun providing a free artificial intelligence technology to clients, including its rivals, that can assess instantly if comments posted in Japanese on online forums are appropriate. Three companies, including social media-based news website NewsPicks, have adopted the cutting-edge technology that analyzes within a second comments that are posted online. The technology can also be applied by companies to take action to delete inappropriate… Source link

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Bitcoin Chart Indicator Suggests Worst of Pullback May Be Over

Bitcoin’s bull market correction may be coming to an end, according to the relative strength index (RSI) – a technical indicator widely used to gauge momentum and identify overbought and oversold conditions. The 14-week RSI has now dropped to 53.00, a level that has consistently acted as solid support and marked an end of corrective pullbacks during the 2016-2017 bull run. The RSI support has come into play as bitcoin charted a 35% drop from $64,801 to $42,000 in the past four weeks. While… Source link

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