Airbnb, DoorDash Rallies Stoke Debate on Pricing IPOs

(Bloomberg) — First it was DoorDash Inc. And now it’s Airbnb Inc. In a 24-hour period, the two startups went public and their valuations skyrocketed, a sign that both companies could have raised a lot more money than they did. Airbnb opened 115% above its initial public offering price, the biggest debut rally on record for a large U.S. listing. Had the shares priced closer to where they started trading — at $146 instead of $68 apiece — Airbnb could have raised $4 billion more for the… Source link

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Europe urged to block Google-Fitbit ahead of major digital policy overhaul – TechCrunch

The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned. The Harvard professor who wrote the defining book on surveillance capitalism has become the latest voice raised against the $2.1 billion data+devices deal — that’s now been delayed at the regulatory clearance stage for more than a year. Others calling for the Google-Fitbit acquisition to be blocked — unless or until robust… Source link

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Europe urged to block Google-Fitbit ahead of major digital policy overhaul

The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned. The Harvard professor who wrote the defining book on surveillance capitalism has become the latest voice raised against the $2.1 billion data+devices deal — that’s now been delayed at the regulatory clearance stage for more than a year. Others calling for the Google-Fitbit acquisition to be blocked — unless or until robust competition,… Source link

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Nikola is the worst company of the year, according to Yahoo Finance’s audience

Yahoo Finance readers have chosen Nikola as the worst company of the year. (Nikola Motor) Nikola Motor Company (NKLA) is the worst company of the year, according to Yahoo Finance users, who chose the company in a poll. Nikola received almost five times more votes than the second-place company, with a plurality of 15% of the 1,582 responses. It’s been quite the year for the electric truck company, which took the other available half of electric innovator Nikola Tesla’s name. And not in a… Source link

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Google’s Year In Search finds people searched ‘why’ more than ever in 2020

by: Monica Ryan and Nexstar Media Wire Posted: Dec 11, 2020 / 08:30 AM CST / Updated: Dec 11, 2020 / 05:32 AM CST (NEXSTAR/KTVI) — People around the world searched “why” more than ever this year, according to Google’s Year In Search. “The most human trait is to want to know why,” Google said in its “Year in Search 2020” video. “And in a year that tested… Source link

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Browns look for respect vs. Ravens on Yahoo Sports app

The Cleveland Browns faced the Baltimore Ravens in the season opener. It looked like the same old Browns. It looked like the Ravens were picking up where they left off from 2019, too. The Ravens won 38-6. It was a horrendous debut for new Browns coach Kevin Stefanski. Given how bad Cleveland has been this century, it wasn’t too surprising of a result. If you watched that game, you’d have never predicted that going into the rematch it would be the Browns riding high and looking like a… Source link

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Major Browsers Chrome, Edge, Firefox, and Yandex At Risk of Malware Infection, Microsoft Warns

In a report last Thursday, December 10, Microsoft issued a warning to users of four major web browsers, namely, Google Chrome, Mozilla Firefox, Microsoft Edge, and Yandex Browser, saying that a widespread malware attack is hitting all four. (Photo : Michael Geiger from Pixabay)Microsoft warns of a “persistent malware campaign” that attacks users of four major web browsers. Widespread Malware Campaign In a report by ZDNet, the malware is… Source link

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Food delivery robots launched by Yandex to help people run daily errands

Russian Internet giant Yandex has come up with its new innovation of delivery robots to ensure customers get served with the perfect hot meals. All the customer has to do is choose delivery by one of the robots in the Yandex.Eats app. The rover will pick up their order from the restaurant and take it to the specified location. The users also have an option of tracking the location of the rover and the status of their order.  Special robot for making deliveries  To receive the… Source link

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Watch Out! Adrozek Malware Hijacking Chrome, Firefox, Edge, Yandex Browsers

Microsoft on Thursday took the wraps off an ongoing campaign impacting popular web browsers that stealthily injects malware-infested ads into search results to earn money via affiliate advertising. “Adrozek,” as it’s called by the Microsoft 365 Defender Research Team, employs an “expansive, dynamic attacker infrastructure” consisting of 159 unique domains, each of which hosts an average of 17,300 unique URLs, which in turn host more than 15,300 unique malware samples. The campaign — which… Source link

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