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Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Alphabet Inc’s Google on Monday said it will spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done through a so-called digitization fund, highlighting Google’s focus on the rapid pace of growth of apps and software platforms in India, one of the world’s biggest internet services… Source link

In life after COVID-19, the local restaurant scene may be no more than a KFC, McDonald’s, Burger King and one or two overpriced craft cocktail bars serving tapas which somehow managed to survive the financial distress from the pandemic. “We have to have a bailout [of the restaurant industry],” said celebrity chef and owner of restaurant Blue Dragon Ming Tsai on Yahoo Finance’s The First Trade. “I don’t know if the government understands the severity of this problem. We may be… Source link

Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to general election: 113 ___ THE NARRATIVE These are among the darkest days of President Donald Trump’s presidency. Coronavirus infections are exploding, the economic recovery is in jeopardy and Trump may have undermined his own “law and order” message by commuting the prison sentence of his friend and political adviser. Emboldened Democrats are trying to guard against overconfidence,… Source link

Google controls products that aid in every step of that process, including the different pieces of software for advertisers and publishers that run auctions for ad space. Because publishers sometimes post their open ad space to multiple digital ad companies — including Google’s — the companies can compete with one another to see who can obtain the most money from an advertiser to use the slot. Google’s critics say it has achieved a level of dominance in the ad tech market that makes… Source link

ESPN’s Adrian Wojnarowski has reportedly been suspended without pay by ESPN for saying “f— you” to Missouri Sen. Josh Hawley in an email. Hawley had sent a letter to NBA commissioner Adam Silver, complaining about the social justice messages NBA players are allowed to wear on the back of their jerseys, and Woj was responding to a press release Hawley’s office had sent to him. Woj apologized publicly and to his ESPN colleagues, but it doesn’t appear that’s had an effect on his… Source link

The Yahoo breach payout deadline of July 20 is fast approaching. Here’s how to find out if you are eligible for a payout and file a claim. The Yahoo breach payout deadline of July 20 is fast approaching. SOPA Images/LightRocket via Getty Images It seems a long time ago now, but many people are still feeling the hit from the two breaches of Yahoo—which impacted 3 billion users’ sensitive personal information. You’ll probably know by now that the… Source link

In July 2020, some social media users accused the furniture store Wayfair of trafficking children. This gravely serious accusation was not based on police reports, firsthand accounts, financial records, or deep investigative reporting. Rather, it was based on the fact that some items on Wayfair were listed at exorbitant prices compared to other, similar items. This rumor appears to have originated on the “conspiracy” section of Reddit on July 9, 2020. That post noted that Wayfair was… Source link

MOSCOW, RUSSIA – MARCH 03: Yellow Car ‘Yandex Taxi’ on the street in the city of Moscow, Russia on … [+] March 03, 2020. Russian multinational corporation, provide services as Internet-related products and services, including transportation, search and information services, eCommerce, navigation, mobile applications, and online advertising. Sefa Karacan / Anadolu Agency Anadolu Agency Having recently cut ties with Sberbank, Russian tech giant Yandex wants… Source link

According to a report in Politico, California has become the 49th state to launch an antitrust investigation into Google. California and Alabama were the only states that did not participate in an antitrust investigation by 48 states, Puerto Rico and the District of Columbia, that began in September and is focused on Google’s dominance in online advertising and search. It is still unclear what aspects of Google’s business the reported California investigation will focus on. The… Source link

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. We are almost done with the second quarter. Investors decided to bet on the economic… Source link