Yahoo agrees with San Antonio Spurs fans

The remaining Spurs schedule will likely keep fans busy — and stressed. Yahoo Sports is calling the Spurs march to play 40 games in 68 days the “hardest” schedule, alongside that of the Memphis Grizzlies. The plan to complete pandemic-stricken season was released Wednesday. In it, the Spurs will play 11 back-to-backs with no more than a day of rest between matchups. RELATED: Spurs legend Tim Duncan announces extension of Black Restaurant Week San Antonio … Source link

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Salesforce Falls as Sales Growth Rate Fails to Satisfy Investors

(Bloomberg) — Salesforce.com Inc. reported sales increased 20% in the fiscal fourth quarter, the same year-over-year gains as in the previous period, disappointing investors who were looking for growth to accelerate. Shares dropped about 4% in extended trading. Still, the company gave a revenue forecast for the current period that exceeded analysts’ estimates, suggesting customers have begun spending more on its software after slowdowns fueled by the pandemic. Sales were $5.82 billion in… Source link

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Ex-U.S. Olympics gymnastics coach John Geddert kills himself

Former U.S Olympics women’s gymnastics head coach John Geddert died by suicide Thursday. Geddert, 63, died hours after he was charged with 24 crimes, including sexual assault, racketeering and human trafficking. Michigan Attorney General Dana Nessel confirmed Geddert’s death and said, “This is a tragic end to a tragic story for everyone involved.” Geddert was expected to turn himself in at the Eaton County Sheriff’s Department at 2:15 p.m. Eastern, but did not show up, according to the Detroit… Source link

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AT&T to Spin Off Long-Suffering DirecTV in Deal With TPG

(Bloomberg) — AT&T Inc. will offload its DirecTV operations in a deal with private equity firm TPG that values the business at about $16 billion, a fraction of what the telecom giant paid for the satellite-TV company in 2015. The move caps years of AT&T deliberating over what to do with DirecTV, a pay-television pioneer that had increasingly become a burden as it hemorrhaged customers. As part of the agreement, a joint venture with TPG will run DirecTV and AT&T’s other pay-TV operations,… Source link

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Nikola reports narrower loss than expected, shares rally

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

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World’s first bitcoin ETF soars past $500 million in assets under management

The world’s first bitcoin exchange traded fund is off to a hot start. The Purpose Investments bitcoin ETF now has more than $590 million in assets under management after launching just one week ago. The ETF was the first physically settled Bitcoin ETF to win approval and began trading in Canada on Thursday. It now gives investors a more direct way to invest in bitcoin relative to other closed-end funds like the popular Grayscale Bitcoin Trust (GBTC) and a less direct way than outright owning… Source link

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Google Workspace: A cheat sheet

Formerly known as G Suite and Google Apps, this comprehensive guide outlines the essential features of Google Workspace for organizations. Google Workspace is a set of communication and collaboration apps built for people in organizations. The core Google Workspace communication apps, such as Gmail and Google Meet, are widely used around the… Source link

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Governments need more money to fight Google antitrust cases, lawyer tells Congress

Google CEO Sundar Pichai testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law during a hearing on “Online Platforms and Market Power” in the Rayburn House office Building on Capitol Hill, in Washington, U.S., July 29, 2020. Mandel Ngan/Pool via REUTERS The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, a leading antitrust attorney testified before the House Judiciary Subcommittee on Antitrust on… Source link

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HP shocks Wall Street, blows away earnings estimates

Computing and printing giant HP (HPQ) sure dialed up the growth in its most recent quarter. Powered by consumers continuing to invest in work-from-home tech gear during the COVID-19 pandemic, HP blew away Wall Street sales and profit forecasts Thursday after the close. The company also shared upbeat guidance for its fiscal year, which may trigger a good number of upward revisions to analyst profit estimates and stock price targets in the coming days. “What we are seeing is very strong demand… Source link

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Google judge tells lawyers to figure out document dispute

WASHINGTON (Reuters) – A federal judge hearing a U.S. government antitrust case against Google on Thursday urged the lawyers to work out a complicated dispute on pre-trial document production among themselves. FILE PHOTO: The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake The Justice Department has been pushing Alphabet’s Google to produce documents on a long list of topics related to its lawsuit, which… Source link

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