NEW YORK–(BUSINESS WIRE)–Yahoo Finance, a leader in business and financial news, today announced the next two installments in the All Markets Summit event series—All Markets Summit: The Path Forward will take place on Monday, October 25 at 9 a.m. ET and All Markets Summit+: Crypto Investing will take place on Monday, September 27 at 12:00 p.m. ET. All Markets Summit: The Path Forward will be an all-virtual summit hosted live from the Nasdaq in New York’s Times Square and… Source link
Read More »People Bank’s Of China Official Announces Further Crackdown
Bitcoin (CRYPTO: BTC) and other cryptocurrencies “are not legal tenders and have no actual value support,” according to Deputy Director of the Financial Consumer Rights Protection Bureau of the People’s Bank of China (PBoC) Yin Youping. What Happened: According to a report by local news outlet People’s Daily Online, Youping said that cryptocurrencies are purely speculative assets. He also advised the public to increase its risk awareness and stay away from the crypto market to “protect… Source link
Read More »Moderna Announces First Patient Dosed in Phase 1/2 Study of mRNA-3705 for Methylmalonic Acidemia
mRNA-3705 is Moderna’s second rare disease program to enter clinical studies mRNA-3705 granted Orphan Drug and Rare Pediatric Disease designation by the U.S. FDA MMA associated with significant mortality and morbidity; there are no approved therapies CAMBRIDGE, Mass., August 16, 2021–(BUSINESS WIRE)–Moderna, Inc., (Nasdaq: MRNA) a clinical stage biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced the first patient has been enrolled in the Phase… Source link
Read More »Baidu Announces Second Quarter 2021 Results
BEIJING, Aug. 12, 2021 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the second quarter ended June 30, 2021. “Baidu Core delivered another strong quarter, powered by the fast growth of our new AI business. AI enables businesses and local governments to do more and serve more people,” said Robin Li, co-founder and CEO of Baidu. “We are excited about… Source link
Read More »TCL announces new 6-series and 5-series TVs with Google TV instead of Roku
TCL has long been the flag bearer of Roku TVs. The company’s 6-series is one of the best-performing sets you can buy for under $1,000. It features a fantastic picture with the help of Mini LED backlighting — TCL beat Samsung and LG to implementing that technology — and quantum dot HDR color. The 5-series and 4-series Roku TVs are no slouches either in their respective pricing tiers. But now TCL is taking a step that could dramatically shake up the US TV market: it’s expanding… Source link
Read More »Federal Reserve announces new capital ratios for large banks following stress test
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Thursday how much each large bank that underwent the most recent stress test will have to hold on their books as capital cushions. The capital requirements for each of the 34 banks are based on how well each firm performed in the June test, and will take effect on Oct. 1. Goldman Sachs and Morgan Stanley were directed to hold the largest amount of capital to guard against losses, facing ratios of 13.4% and 13.2%,… Source link
Read More »Instacart announces new company president
SAN FRANCISCO — Instacart has appointed Carolyn Everson president, effective Sept. 7. Everson has a 30-year track record of leading global consumer technology teams with a focus on growing global partnerships, industry-leading business development and pioneering advertising platforms. As president, Everson will oversee Instacart’s Retail, Business Development and Advertising businesses, as well as the company’s People, Policy & Government Affairs, Legal, Partnerships, Instacart Pickup… Source link
Read More »Instacart Announces Consumer Technology Veteran Carolyn Everson is Joining the Company as President
“I’ve had the privilege of working with Carolyn for a decade and know just how lucky we are to have her leadership and talent at Instacart. Carolyn’s an industry legend, best known for cultivating strong, trusted relationships that drive strategic value for partners. At Instacart, partnerships and relationships are at the heart of everything we do. With more than 600 retail partners and thousands of advertisers helping power our marketplace, Carolyn’s unmatched experience and authenticity… Source link
Read More »Yandex Announces Second Quarter 2021 Financial Results
MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / July 28, 2021 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2021. Q2 2021 Financial and Operational Highlights 1,2 In RUB millions Three months ended June 30, 2020 2021 Change Total Revenues 47,915 81,402 70% Total Group on a Online Ad Revenues 26,906 39,586 47%
Read More »Alibaba Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2021
HANGZHOU, China, July 27, 2021–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2021. The annual report can be accessed under the SEC Filing section on the Company’s investor relations website at https://www.alibabagroup.com/en/ir/secfilings. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of… Source link
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