Gaming company Roblox surges 54% in debut on NYSE

By Joshua Franklin and Niket Nishant (Reuters) – Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. San Mateo, California-based Roblox is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles. The company’s stock opened at $64.5 and ended trading at $69.47, up from the reference price of $45 per share set on Tuesday and… Source link

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How Yahoo News reached 1 million followers on TikTok in 1 year » Nieman Journalism Lab

Picture Yahoo users and you probably envision a group that’s older and a bit less digitally savvy than those relying on, say, Google’s suite. (The research says you’re not wrong.) On TikTok, in contrast, 63% of users are younger than 30 — including 33% still in their teens. So you might be thinking: Yahoo News? On TikTok? But here’s the interesting thing. Yahoo News (which has long been one of the most-used online news brands in the U.S. and around the world, even if you don’t… Source link

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IAB ALM: Google Did A Thing, But That’s Not A Reason To ‘Lose Our Minds’

“Calm down.” That’s Magnite CTO Tom Kershaw’s advice, dished out at the IAB’s virtual Annual Leadership Meeting on Tuesday. “If a single blog post from one company about not supporting something sends us all into a frenzy where we think we’re going to lose our minds – perhaps we’re falling off track,” Kershaw said. That’s a reference to Google’s announcement last week that it won’t be supporting email-based identifiers on the open web. The best way to get… Source link

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Social media algorithms are ‘dangerous’: author Walter Isaacson

The CEOs of Facebook (FB), Google (GOOG, GOOGL), and Twitter (TWTR) will appear later this month before a U.S. House subcommittee to face questions over the spread of misinformation tied to the 2020 election and COVID-19. In a new interview, author Walter Isaacson — best known for his biography of late Apple (AAPL) CEO Steve Jobs — said social media platforms should take more responsibility for the extremism and misleading information fostered by their sites. He offered a blistering… Source link

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Google Is Eliminating Cookies, But Investors in The Trade Desk and Magnite Shouldn’t Worry

Early last week, Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google made an announcement that stunned the digital advertising world. The company said that it was planning to eliminate ad-tracking cookies (something that’s been in the works for more than a year), but it then went even further. In a blog post on Google’s website, product management head David Temkin said, “Today, we’re making explicit that once third-party cookies are phased out,… Source link

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UPDATE 1-Google and Viber review adverts for Myanmar military-backed telecoms firm – Yahoo Finance

TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link

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Hackers Breach Thousands of Security Cameras, Exposing Tesla, Jails, Hospitals

(Bloomberg) — A group of hackers say they breached a massive trove of security-camera data collected by Silicon Valley startup Verkada Inc., gaining access to live feeds of 150,000 surveillance cameras inside hospitals, companies, police departments, prisons and schools. Companies whose footage was exposed include carmaker Tesla Inc. and software provider Cloudflare Inc. In addition, hackers were able to view video from inside women’s health clinics, psychiatric hospitals and the offices… Source link

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FBI Uses Google Location Data To Ensnare Alleged Capitol Hill Rioter

The Justice Department is ordering tech companies to hand over data on users it suspects of being at … [+] the Capitol Hill riot. Google location data is proving useful in at least one case. Brent Stirton/Getty Images Google location data has proven useful to police on innumerable occasions and it’s being used in the Capitol Hill riot investigation. A complaint against Jared Adams, who is accused of illegally entering the Capitol Hill grounds on… Source link

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Dip buyers were out in full force: Morning Brief

  Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 10, 2021 Everybody bought stocks last week The first week of March was a strange one in financial markets. The tech-heavy Nasdaq (^IXIC) fell for the third-straight week. The Dow (^DJI) and the S&P 500 (^GSPC) eked out gains. The 10-year Treasury yield (^TNX) rose for its sixth-straight week. Monday’s trading brought investors much of the same — tech stocks were dumped as… Source link

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Yahoo DFS Golf: THE PLAYERS Championship

THE PLAYERS Championship Ponte Vedra Beach, FloridaTPC Sawgrass – Par 72 – 7,189 yardsField – 154 entrantsPurse – $15M The Preview A nearly $6M increase in purse size accompanies the Florida Swing’s transition from Arnie’s place to TPC Sawgrass, where the PGA Tour’s so-called fifth major was halted after just one round of play in 2020 due to the initial wave of COVID-19 concerns.  Stacked fields have been a common theme ever since last year’s three-month hiatus, and this week will be no… Source link

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