Tag Archives: Business

As first reported by 9to5Google, a new app is being tested in a closed beta. The Google-made app is called “Task Mate” and it’s kind of like Google Opinion Rewards, but a bit more involved. Basically, Google Opinion rewards will passively ask question based on recent purchases, or the use of recent Google products like Gmail, Google Assistant, and YouTube. In exchange for answering these questions, you’re rewarded Google Play credit that can be used towards Play Store apps or… Source link

BECKER — With state bonding funds secured, Becker is another step closer to what it hopes will be a bustling business park. Legislators agreed on a bonding bill in October, and the $1.9 billion spending package included $20.5 million for the Becker business park. Becker is hoping to be home to a new Google Data Center, and this state funding is considered a key to redevelopment efforts tied to the incremental planned closure of Sherco, an Xcel coal-powered generating plant set to be… Source link

Uber (UBER) reported its Q3 2020 earnings after the closing bell on Thursday, beating analysts’ expectations on solid growth from its Eats business. Still, the impact of the ongoing coronavirus pandemic continues to be a concern for Uber’s main Rides business, which fell short of analysts’ forecasts. Here are the most important numbers from the report compared to what analysts were expecting from the company in the quarter, as compiled by Bloomberg. Gross bookings: $14.75 billion versus… Source link

Russian internet search engine Yandex has separated its cloud platform Yandex.Cloud into an independent business unit. The decision was taken on the back of the platform’s strong results in 2018-2020. Yandex.Cloud revenues have tripled since the start of the year.  More than 7,000 business customers currently use Yandex.Cloud for business development. The user base includes SMEs, large private companies and state-owned companies working in various segments of economy. Large… Source link

Italy’s competition authority has opened an antitrust investigation into Google’s display ad business — adding another allegation of abuse of a dominant position to the tech giant’s regulatory woes. In a press release announcing the action the AGCM said it “questions the discriminatory use of the huge amount of data collected through its various applications, preventing rivals from competing effectively as well as adversely affecting consumers”. The probe follows a… Source link

SCHIPHOL, Netherlands (AP) — Yandex NV (YNDX) on Wednesday reported third-quarter net income of $278 million. The Schiphol, Netherlands-based company said it had net income of 77 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share. The Russian search engine posted revenue of $732.1 million in the period. Yandex shares have increased 37% since the beginning of the year. The stock has risen 77% in the last 12 months. Copyright by Automated Insights, Inc. All… Source link

By Tatiana Voronova, Katya Golubkova * VTB to develop grain business for next 3-5 years – CEO * Has no plans to cut stake in grain unit further – CEO * Wants closer cooperation with Yandex * Full Kostin quotes in Russian MOSCOW, Oct 28 (Reuters) – Russia’s VTB bank, which has transformed itself into a major grain trader within a year, plans to remain in the grain business for the next three to five years, Andrey Kostin, the chief executive of the state-controlled lender, told Reuters. VTB,… Source link

While acknowledging the increased clout it has gained from the popularity of its mostly free services, Google says it remains true to its founding principles to organize the world’s information. The Mountain View, California, company also denies any wrongdoing and intends to fight the suit filed Tuesday by the Justice Department, just as Microsoft did. Like other seminal Silicon Valley companies such as Hewlett-Packard and Apple, Google started in a garage — one that Page and Brin rented… Source link

TECH TRUST-BUSTING: As the Justice Department accuses Google of antitrust violations, Jim Gallagher and David Nicklaus debate whether the tech giant is living up to its “Don’t Be Evil” motto. Tags The_bottom_line Bottom … Source link

Google Maps gets a new feature — here’s how it works. Angela Lang/CNET Google announced on Thursday that it expanded its… Source link