Tag Archives: build

When Sen. Joe Manchin, D-W.Va., announced on Fox News on Sunday that he won’t vote for the current version of Build Back Better, experts predicted he may have single-handedly killed the world’s best hope of avoiding catastrophic climate change. In order to avoid breaching the 1.5 degrees Celsius threshold that will trigger a cascade of devastating effects, the Intergovernmental Panel on Climate Change has said that global emissions of the greenhouse gasses that cause climate change must… Source link

Stocks fell on Monday at the start of a holiday-shortened week of trading, with investors considering renewed virus-related restrictions overseas and prospects that a significant social policy bill may be scuttled.  The S&P 500, Dow Nasdaq each dropped more than 1%. Treasury yields fell as investors piled into safe haven assets, and the benchmark 10-year yield held below 1.4%. The CBOE Volatility Index, or VIX, spiked more than 20% to hover above 25.  U.S. crude oil prices sank 3% to trade… Source link

Google is hiring an “Augmented Reality OS” team focused on building software for an “innovative AR device,” according to job listings spotted by 9to5Google. The team is led by Mark Lucovsky, who announced he’d joined the company this week. Lucovsky previously worked at Meta developing an in-house alternative to Android to power the company’s hardware, and also co-authored the Windows NT operating system. According to Google’s job listings, the Augmented Reality OS team is… Source link

Stock futures opened higher on Monday after a rally earlier in the session, with volatility stemming from concerns about the Omicron variant at least momentarily abating.  Contracts on the Dow extended gains. Earlier, the index ended higher by nearly 650 points, or 1.9%, as cyclical names that had underperformed in recent session rebounded strongly. The jump marked the Dow’s best day since March.  More upbeat commentary suggesting the Omicron variant may not produce as severe of infections… Source link

During the pandemic in 2020, nearly 20 million more Africans subscribed to a mobile service than in the previous year, according to industry trade group Global System for Mobile Communications (GSMA), with 4G connections set to double over the next four years. Tech giants such as Google — which expects hundreds of millions more people to come online across the continent for the first time in the next few years — are moving quickly in the race for Africa’s digital inclusion. Last year,… Source link

Former Google CEO Eric Schmidt sounded skeptical on Tuesday that Meta, formerly known as Facebook, will succeed at building the metaverse. “I look forward to excellent innovation in the metaverse,” Schmidt told CNBC’s “Squawk Box” on Tuesday. “I’ve been waiting for about thirty years … As to whether Facebook will build that, I don’t know.” Schmidt reacted to the news that Meta would shift its focus to build the metaverse, a virtual world where you can socialize, work and play. Google, Source link

WASHINGTON — Cleaner sources of energy, harvested by machinery made in the United States. Early childhood education subsidized by the federal government. Cheaper hearing aids and expanded health care coverage. A million units of affordable housing. Those are just some of the “truly consequential” changes Americans will see if President Biden’s $1.75 trillion Build Back Better agenda survives the meat grinder of Capitol Hill, he said on Thursday. “We will own the future,” Biden… Source link

Michael Short/Bloomberg via Getty Images Around a dozen Google engineers are helping Swedish start-up Normative to build a new carbon emissions tracker. The emission counting software is designed to help businesses calculate their environmental footprint. It does this by analyzing all the transactions in a company’s accounting systems, including energy bills, business travel, raw material purchases and many other small items that businesses would often ignore. “Essentially what gets measured… Source link

A once tiny hamlet in the rolling hills west of Utah Lake, Eagle Mountain is developing a knack for attracting some of the biggest names in business. The city on Monday announced search giant Google purchased property that may host a future data center. The announcement follows a pair of other development coups in that last few years that include a massive Facebook data center and a Tyson Foods meatpacking plant. The new investments are coinciding with a booming Eagle Mountain… Source link

Developing economies are once again leapfrogging prior waves of technological innovation with the help of cryptocurrency. Much like the way consumers in India and Indonesia a decade ago skipped landlines for cellphones, institutions in Africa are embracing the advancements in crypto over alternatives offered by the traditional plumbing of the global financial system. As Elizabeth Rossiello, founder of the Africa-focused fintech platform AZA Finance, described at Yahoo Finance’s All Markets… Source link