Google has updated and broadened its Play Store policy on gaming loyalty programs to help developers better understand the practices that are permitted, months after confusion about the guidance prompted some backlash in India, the biggest Android market by users. The company said on Thursday that it now specifies guidance on gamified loyalty programs that are based on a qualified monetary transaction in an app and offer prizes of cash or other real-world cash equivalent perks. Scores… Source link
Read More »McDonald’s misses Q4 earnings expectations, but sales boosted by menu, mobile
McDonald’s (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering. Here’s what the Chicago-based fast-food restaurant posted, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $5.31 billion versus $5.37 billion expected Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected U.S…. Source link
Read More »GameStop, AMC saga make it a day for the history books: Morning Brief
Thursday, January 28, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe A very partial recap of a bizarre day in financial markets. It’s hard to think of a more chaotic set of circumstances than what befell the stock market on Wednesday. The day’s main event was the continuing rally in highly-shorted stocks fueled by attention from Reddit — and by now, almost certainly accompanied by big money investors piling into the strangest trade in… Source link
Read More »Tesla Slumps After First Results as a Blue Chip Disappoint
(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index. The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout result a year earlier — before the global pandemic set in. The results marked a sixth straight profitable quarter… Source link
Read More »Regulator says Australia must address Google ad dominance | World
He said that during the inquiry, parties expressed concern about potential conflicts of interest from Google’s various roles in this industry. “This includes Google very often acting on behalf of both publishers and advertisers for the same ad sale across the ad tech supply chain, while also selling its own ad inventory,” Sims added. The commission had yet to form a view on whether Google’s conduct breached Australian competition law through a misuse of market power, the report said. A… Source link
Read More »Yahoo DFS Basketball: Thursday Picks
The NBA quiets down a bit Thursday with just four games on the schedule. One of the eight teams in action will have a limited depth chart because of players in the health and safety protocols, which makes for a bit of a tricky DFS slate. Let’s discuss some of the better options to consider, as well as a few players to potentially avoid. GUARDS Victor Oladipo, HOU vs. POR ($33): Oladipo has posted a couple of duds lately, scoring 23.9 and 24.5 Yahoo points, respectively, across his last two… Source link
Read More »European stocks sink after Fed and Reddit drive Wall Street sell-off
People enter a GameStop store in Alhambra, California on January 27, 2021. Photo: FREDERIC J. BROWN/AFP via Getty Images European stock markets opened lower on Thursday, as a sell-off on Wall Street overnight prompted weakness in equity markets globally. The Dow Jones (^DJI) closed down 2% on Wednesday, its biggest one-day fall since October. The slump came after a downbeat assessment of the economy from the US Federal Reserve and amid a highly unusual battle between retail investors and hedge… Source link
Read More »Yahoo DFS Hockey: Thursday Picks
Thursday is packed to the gills with hockey action. While Wednesday had a mere two games on the schedule, there are 14 games Thursday. That means 28 teams are in action, including Ottawa and Vancouver, who are doing the back-to-back in one arena thing that is oh-so-trendy this season. Those two teams have had truly porous defenses and goaltending, so you can absolutely consider those players if you don’t fear fatigue from back-to-back games. However, for this article all my specific… Source link
Read More »LeBron James’ timeless dominance is part of league fabric
I’ve come to appreciate the sheer fact of consistency, of availability. Not just day-to-day, though you can certainly expect that from LeBron James, but year-to-year. He is the rare timeless athlete, one of the few constants in my life — in anyone’s life. Eighteen years. LeBron’s career is old enough to be my drinking buddy, and it pretty much is. Memories are unreliable, frustrating narrators, but I remember moments involving him with perfect clarity. When James made his playoff debut… Source link
Read More »Explainer: Google, Facebook battle Australia over proposed revenue-sharing law
By Jonathan Barrett, Byron Kaye SYDNEY (Reuters) – Alphabet Inc’s Google has vowed to withdraw its main search engine from Australia, while Facebook Inc says it will block news sharing if the government proceeds with a law to make them pay domestic media outlets for content they feature. FILE PHOTO: A 3D printed Google logo is placed on broken glass in front of displayed Australian flag in this illustration taken, January 22, 2021. REUTERS/Dado Ruvic/Illustration The dispute is being closely… Source link
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