Here are some retail winners and losers

Here are some retail winners and losers

The Black Friday start to the crucial holiday shopping season has been mixed at best, and that means there are some distinct early and winners and losers, analysts say. “Lululemon, A&F banner, American Eagle Outfitters, and Victoria’s Secret banner emerged as the biggest winners this Black Friday, while Hollister, Gap banner, & Banana Republic were relative losers, in our view,” the Morgan Stanley retail team led by longtime analyst Kimberly Greenberger wrote in a recent note. According to… Source link

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NBA DFS Picks: Yahoo plays and strategy for Nov. 28

NBA DFS Picks: Yahoo plays and strategy for Nov. 28

Suns guard Devin Booker is averaging 26.4 points, 6.6 rebounds and 6.3 assists per game in his last eight games. The NBA starts off the week with 10 games on Monday. Not only are there many injuries that will impact the slate, but we also need to be on the lookout for potential rest days for players. The Hawks, 76ers, Timberwolves, Celtics, Magic, Nets, Cavaliers and Pacers will all be playing the second game of back-to-back sets. The Nets will be facing the struggling Magic, so they are one… Source link

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Yahoo now has a 25% stake in Taboola

Yahoo now has a 25% stake in Taboola

Yahoo has just finalized a 30-year exclusive advertising partnership in Taboola, which would secure a 25% stake in the company. This deal will allow Yahoo to use Taboola’s tech to manage its native ads. Taboola’s native edge. Taboola specializes in native ads which can be found on popular sites like CNN and MSN. The ads typically look like part of the website and can be informative or entertaining. However, shares of Taboola have fallen… Source link

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Auto.ru for sale? Yandex to sell Russia-based assets

Auto.ru for sale? Yandex to sell Russia-based assets

Yandex, the internet-focused tech giant, may be carving up its business to protect its international activities. Originally borne in Russia, Yandex has been registered in the Netherlands for more than 10 years, and now the international branch of the company is considering selling up its Russian assets to focus on its non-Russia products and services. … Source link

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Google’s AI Will Now Be Used in Mammograms

Google’s AI Will Now Be Used in Mammograms

Google’s AI algorithm for helping to screen for breast cancer will now be part of commercial mammograms. On November 28, the company announced it licensed its AI technology to iCAD, a medical technology company that provides breast cancer detection services to health care facilities around the world. While iCAD already includes AI-based strategies in its cancer screening services, it will now also incorporate Google’s… Source link

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Google inks power deal for major solar plant ‘to operate Spanish cloud region carbon-free’

Google inks power deal for major solar plant ‘to operate Spanish cloud region carbon-free’

Web giant Google has signed a 12-year power purchase agreement (PPA) with German developer Ib Vogt for output from the 149MW Garnacha solar plant in the Spanish province of Zamora. The developer has started construction of the project near the city of Toro in northwestern Spain in September after receiving €90m ($93.4m) in long-term project financing by Norddeutsche Landesbank Girozentrale and Santander Corporate & Investment Banking, and plans to start operations by October next year. … Source link

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Google inks power deal for large solar project ‘to operate Spanish cloud region carbon-free’

Google inks power deal for large solar project ‘to operate Spanish cloud region carbon-free’

German developer Ib Vogt has started to build the 149MWp Garnacha solar power plant in the Spanish province of Zamora, and signed a 12-year power purchase agreement (PPA) for its output with US internet giant Google. The developer has started construction of the project near the city of Toro in northwestern Spain in September after receiving €90m in long-term project financing by Norddeutsche Landesbank Girozentrale (NORD/LB) and Santander Corporate & Investment Banking (Santander CIB),… Source link

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Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

Google, Microsoft-backed VerSe Innovation cuts 5% of workforce, reduces salaries • TechCrunch

India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. The Bengaluru-based startup informed impacted employees on Friday and separately held a town hall meeting on Monday where it announced pay cuts to its remaining staff, people familiar with the matter told… Source link

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Crypto lender BlockFi files for bankruptcy in New Jersey

Crypto lender BlockFi files for bankruptcy in New Jersey

By Hannah Lang, Niket Nishant and Manya Saini (Reuters) -Major cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection along with eight affiliates, it said on Monday, the latest crypto casualty to follow the spectacular collapse of the FTX exchange earlier this month. The filing in a New Jersey court comes as crypto prices plummet, with bitcoin down more than 70% from a 2021 peak. New Jersey-based BlockFi had links with FTX, which filed for protection in the United States… Source link

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