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These days, Yandex’s (NASDAQ:YNDX) shares are trying to emulate the behavior of the US big tech stocks, which continue to soar no matter what. The problem, however, is that the rally went too far from the reality the company operates in today. The recent stock run would make sense for Yandex in pre-covid times, but now it’s really hard to justify a ridiculously high valuation of the company. On the other hand, if we look at Yandex through the lenses of a typical growth story where the public… Source link

Trivia Crack – one of the new Google Smart Display games that are available. The Ambient Google is adding an array of visual games to its Smart Display range, with the likes of ‘Who Wants to be a Millionaire,’ ‘Jeopardy,’ and ‘Categories Battle’ now available. To get a glimpse of the new games on offer simply ask your smart speaker with a display – the likes of the Nest Hub – “Hey Google, let’s play a game.” The move, which follows… Source link

[unable to retrieve full-text content]COVID-19 patient who had double transplant didn’t recognize body  Yahoo News Source link

Billionaire philanthropist Bill Gates, who said he speaks regularly with top U.S. infectious disease official Dr. Anthony Fauci, told Yahoo Finance in a recent interview that the sidelining and contradiction of Fauci by U.S. “leadership” has damaged the nation’s response to the coronavirus and may prolong the outbreak. “Some days he’s allowed to tell the truth; some days he doesn’t get contradicted by his leadership,” Gates, co-founder of Microsoft and a top backer of global public… Source link

Stock futures extended gains Friday morning, with contracts on the Nasdaq jumping more than 100 points, or 1%, after a slew of better than expected corporate earnings results from major tech firms. After market close, tech titans Facebook (FB), Amazon (AMZN), Apple (AAPL), and Alphabet (GOOG, GOOGL), each reported quarterly results that blew past estimates, affirming these companies’ pandemic-era dominance following a steep run-up in tech stocks over the past couple months. Facebook grew… Source link

Technology giant Google will build a new subsea cable, Grace Hopper. Built by SubCom, the cable will go live in 2022 and marks Google’s first cable to Spain and its first private subsea cable route to the UK. Grace Hopper is Google’s fourth wholly-owned cable and will provide increased reliability and support in outages. Google today announced its plans to build a new subsea cable with landing points in New York in the U.S. and Bude, U.K. and… Source link

Facebook and Google logos Peter Foley/Bloomberg | Getty Images Google and Facebook could be forced to pay Australian news publishers to distribute their content, in a landmark regulatory move from the country’s competition regulator. The Australia Competition and Consumer Commission was tasked by the government earlier this year with developing a mandatory code for the tech giants to pay for their use of news content. If approved, a draft code announced by the ACCC Friday would allow Australian… Source link

Regulators on Friday released draft legislation that would let news publishers in the country negotiate compensation with the two tech companies for sharing or displaying their stories. It would allow certain media outlets to bargain either individually or collectively with Facebook and Google — and to enter arbitration if the parties can’t reach an agreement within three months, according to the Australian Competition and Consumer Commission (ACCC), which put out the proposed legislation…. Source link

Yahoo Sports has agreed a deal to become an official marketing partner of the National Basketball Association (NBA), and will work with the league on a range of fantasy and sports betting initiatives. The agreement will see Yahoo will continue to operate the exclusive season-long fantasy game of the NBA, as well as create NBA-branded daily fantasy and sports betting integrations. The deal will also permit Yahoo Sports to deliver expanded NBA content across its platforms, including… Source link

Wednesday’s antitrust hearing before Congress made tech giants like Google-parent Alphabet, Inc. and Facebook seem like they’ve rigged the deck. But Thursday’s second quarter reports from both companies made the ad game look a little more fair. Google may be a search monopoly, but its exposure to hard-hit sectors like travel seems to be hurting it at the moment. The company reported the first on-year decline in advertising revenue in its history. Meanwhile Facebook said its own… Source link