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WASHINGTON, Jan 11 (Reuters) – Google parent Alphabet (GOOGL.O) filed on Wednesday a redacted version of its motion to dismiss a U.S. government lawsuit against it, which argued that the company broke antitrust law to maintain its monopoly in search and search advertising. The filings on Wednesday show that the company is mounting a vigorous defense against the antitrust cases, which, if successful, could force the tech giant to spin off assets. In December, Google asked Judge Amit Mehta of… Source link

Julius Randle has scored at least 46.7 Yahoo points in 10 straight games. The NBA will bring eight games to the table Wednesday. Unfortunately, injuries will once again be a common theme. The Bulls will face the Wizards in Washington, but two big names, DeMar DeRozan (quadriceps) and Kristaps Porzingis (ribs) are listed as questionable. The Suns, who have seen their depth chart decimated by injuries, will have a challenging task at hand when they play the Nuggets in the second game of a… Source link

In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. According to Bernstein analyst Mark Moerdler, who published a critical client note on Salesforce Wednesday, mass firings may actually hinder sales growth and, as a result, profit margins. “Salesforce recently announced a ~10% employee reduction, in addition to comments on other cuts, which will only drive… Source link

U.S. stocks ascended Wednesday as Wall Street counted down to a crucial inflation reading and big bank earnings later this week. The S&P 500 (^GSPC) rose 0.9%, while the Dow Jones Industrial Average (^DJI) added nearly 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) advanced 1.2%. U.S. Treasury yields pared their move higher from the previous session, with the benchmark 10-year note falling below 3.6%. The U.S. dollar index also retreated. Wells Fargo (WFC) was among… Source link

has broken out some accessibility features into a separate app. Switch Access has graduated from the Android Accessibility Suite and it’s now available through the Play Store. Offering Switch Access features via a separate app could allow Google to roll out more frequent updates instead of having to do so at the OS level.  The move could also let Google offer Switch Access features on older devices too. The app is available on 2017’s Android 8 (aka Android Oreo) and later.  Switch Access… Source link

BlackRock (BLK), the world’s largest asset manager, will lay off about 500 employees — or roughly 3% of its workforce — according to an internal email seen by Yahoo Finance. The investment giant joins a growing number of Wall Street firms trimming their headcount after last year’s market rout and as Corporate America ramps up hiring freezes and job cuts. “This week, after meaningful headcount growth in recent years, we are making some changes to the size and shape of our workforce,” CEO… Source link

Apple will soon start displaying more detailed and accurate business listings, all thanks to the company’s new Business Connect tool. The tool gives businesses the ability to tweak store hours and fill out their listings by adding header images and other photos to their place cards, which appear on Maps, Messages, Wallet, Siri, and other apps. Through Business Connect, companies can encourage customers to place orders or make reservations by linking to sites like Instacart, OpenTable, or… Source link

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

Analysts at Bank of America raised their rating on shares of three homebuilder stocks in a note out on Wednesday amid expectations mortgage rates will drop, materials costs will fall, and home prices will avoid a crash in 2023. In a new note to clients, Rafe Jadrosich at Bank of America Global Research upgraded shares of Lennar (LEN) to Neutral from Underperform with a price target of $102, up from $92, while raising shares of PulteGroup (PHM) to Buy from Neutral with a price target of $60,… Source link

Some Google contractors that rate the quality of search results are getting as much as a 45% pay increase. Getty Images The wage increase is welcome, but workers complain they are still making less than Google’s other contractors. Thousands of Google contractors, who rate the quality of search results, have gotten hourly raises for the first time ever, after months of protesting to the tech giant about receiving “poverty wages” for their work in maintaining the company’s most iconic… Source link