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(Reuters) -Alphabet Inc’s Google on Tuesday unveiled updates across many services, including Maps, Photos and operating systems, as the company showcases its role in a world that has become more digitally connected during the pandemic. The announcements during the virtually-held Google I/O developer conference add up to a boost for the company’s smartwatch efforts, which compete with Apple Inc , and for its collaboration tools that rival offerings from Microsoft Corp. They also show how… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 18, 2021 The stock market is entering a new phase Investors right now are faced with a simple question: how much?  How much do they want to pay for earnings growth that continues to blow away expectations but might also be peaking.  Back in early April, my Morning Brief collaborator Sam Ro highlighted the most important chart for… Source link

Bloomberg AT&T’s WarnerMedia, Discovery to Merge in Blockbuster Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link

Tech giant to remove video apps from Play Store illegally streaming Italian soccer’s top flight. Posted: May 18 2021 By: Ed Dixon Getty Images Partnership will lead to “a level of protection unique in the world”, says Lega Serie A CEO Recent study from Synamedia and Ampere found that sports rights holders are missing out on US$28.3bn per year due to piracy Italian soccer’s Serie A has stepped up its fight against online piracy by agreeing a deal with Google that will see the technology… Source link

Cryptos recovered some of their earlier losses which had been triggered by Tesla’s Elon Musk. Photo: Reuters Cryptocurrencies ticked up on Tuesday morning, recovering the losses from the weekend after Tesla (TSLA) chief Elon Musk sparked a sell-off.  Meanwhile, a new cryptocurrency called Stopelon has been launched purely to limit Musk’s influence over the volatile market. Bitcoin was up (BTC-USD) 1%, trading at $45,005.418 (£31,708.12). Ethereum (ETH-USD) the second-biggest crypto by market… Source link

Google I/O 2021 gets underway today (May 18), and we expect a wide range of big announcements.  Google is sure to show off a more polished version of Android 12 with a revamped interface, a “brand new” version of Wear OS for smartwatches and maybe some new hardware in the form of a Google Pixel 5a phone and Pixel Buds A wireless earbuds.  The Google I/O keynote begins at 1:00 p.m. ET and runs through 3 p.m. ET, so there’s sure to be a lot of news. And we’ll be here to break it all down for… Source link

Alphabet Inc’s (GOOGL.O) Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second COVID-19 wave. Indians have become increasingly reliant on social media platforms like Twitter (TWTR.N), Facebook (FB.O) and Instagram for information related to the crisis amid a shortage of critical medical supplies. Google will pay the partnering publishers for their online… Source link

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources of imports, and explore overseas ore resources, the National Development and Reform Commission said at its… Source link

Bloomberg Central Banks Keep Lid on Rate Bets as Commodity Prices Soar (Bloomberg) — The surge in commodities prices is failing to trigger some of the traditional responses in bonds and currencies.Unlike recent commodities rallies in 2008 and 2011, yields on Treasuries and currencies of major exporters like Australia have barely budged. Likewise, the Federal Reserve’s favored measure of inflation expectations has disconnected from moves in raw materials.The biggest buffer: Central bank… Source link