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It may be Google’s worst nightmare. Apple’s iPhone is stealing share from Samsung phones powered by Google’s Android software. At the same time, U.S. antitrust regulators are scrutinizing Google’s search deal with Apple, raising the prospect that Google’s search may lose its favored position in the Safari browser on iPhones. These twin developments, which threaten Google’s mobile ads business, have prompted the tech giant to take a big gamble. It is doubling down on investment… Source link

Four years ago Microsoft dedicated a glowing portrait to KC Lemson in order to properly celebrate her contribution as the creator of its unofficial yet beloved Ninja Cat mascot. On Monday, the trailblazing “maestro of fun, mastermind of memes,” as Microsoft described her, found out she had been laid off from the software company she loved after more than two decades. “I’ve got a good network and sent a lot of feelers out today, but there just aren’t many openings,” she posted late… Source link

Home Depot Co-Founder Bernie Marcus says 40-year high levels of inflation would come down if the Biden administration makes it easier for oil companies to drill in the country. “We have a president that just doesn’t believe in that [oil drilling],” Marcus said on a new episode of Yahoo Finance Presents. “We are sitting on tons of oil and gas, and he doesn’t allow us to drill. It’s basically stupid. I can’t come with another word. It’s stupid. And we will continue to suffer this inflation. And… Source link

Google is bringing a set of new kids-focused features such as parent-controlled watchlists and AI-powered suggestions to Google TV, the latest in a series of efforts from the Android-maker as it attempts to broaden the offerings of its TV operating system for family consumption. The company said it is adding these features to the kids’ profiles to improve content recommendation and exploration. Parents can directly push titles to the “must watch” lists for… Source link

Google introduced a refreshed Family Link app today with three tabs for highlights, controls, and location along with a central hub for notifications. The company also launched a web version of Family Link for both parents and children. The company first introduced Family Link in 2017 to allow parents to monitor and set limits on children’s screen time and app usage. It also allows guardians to lock children’s Android and Chromebook devices at a set… Source link

The European Commission is facing fresh calls to make good on its 2017 antitrust decision against Google Shopping by banning Google from displaying its own shopping comparison ads units in search results — boxes which Google populates with revenue-generating ads — as they argue the self-preferencing units constitute an ongoing competition abuse by the adtech giant. The 2017 Commission decision found Google abused its dominance by systematically giving prominent placement to its own… Source link

U.S. equity futures pushed forward for another day, extending a positive start to the week as earnings season sets into high gear. Futures tied to the S&P 500 (^GSPC) rose 1.3%, while futures on the Dow Jones Industrial Average (^DJI) added 300 points, or 1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) advanced 1.6%. The moves in pre-market trading Tuesday come after all three major averages rallied in the previous session, with the S&P 500, Dow, and Nasdaq notching gains of… Source link

Gary Cohn, IBM vice chairman and former chief economic adviser to President Donald Trump, warned that significant job losses are necessary to get inflation under control. “We’re going to have to see job destruction if we’re really going to see inflation be curtailed,” Cohn said in an interview during Yahoo Finance’s All Markets Summit on Monday (video above). His comments follow September’s hotter-than-expected inflation print, which showed consumer prices rose 0.4% from a month… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, Oct. 18, 2022 “Past performance is no guarantee of future results” may be the most repeated disclaimer in the financial services industry. It’s a warning to investors not to get too excited about what they think is a replay of a historical pattern. Because oftentimes, history doesn’t repeat itself. That said, if history is any… Source link

Editor’s note: Jim Lanzone is the CEO of Yahoo Finance’s parent company, Yahoo. Yahoo CEO Jim Lanzone has overseen his share of internet success stories in his nearly three-decade career. From steering the ship at Ask.com, to the launch of CBS Interactive, Lanzone has built his reputation around turnaround stories. Yet, he credits his success to early failures with startup eTour, an internet search and navigation company he co-founded in 1998 at the height of the dotcom boom. “We went up way… Source link