Tag Archives: calls

Bloomberg China Tech Giants Bet $19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport.While Apple Inc. has long had plans for its own car and Alphabet Inc. has Waymo, its autonomous driving unit, the size — and speed — of the… Source link

(Updates price, adds commentary) By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 9 (Reuters) – Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the “Saturday Night Live” comedy sketch TV show. Dogecoin was quoted as low as $0.416 on crypto exchange Binance… Source link

Billie Eilish called out a sexist headline about her new “Vogue” cover. (Photo: REUTERS/Monica Almeida) Billie Eilish shared a meme that slammed a sexist headline about her British Vogue cover. “Proof that women can change their minds and reclaim autonomy over their own bodies. Billie Eilish shocks fans by swapping baggy clothes for lingerie in Vogue — despite years of being an actual child,” read a revised Daily Mail headline written by writer-influencer Emily Clarkson and shared by Eilish… Source link

UPDATED with Roku statement. Roku has hit back at Google over actions by its YouTube TV unit in the companies’ distribution fight. Earlier today, YouTube TV said it was adding a “Go to YouTube TV” function within the main YouTube app as a workaround for YouTube TV bundle subscribers caught up in the tussle. In a statement, Roku called Google’s actions “the clear conduct of an unchecked monopolist bent on crushing fair competition and harming consumer choice.” The new… Source link

The Facebook (FB) oversight board’s decision to uphold an indefinite ban on former President Trump’s account renewed calls for antitrust action against the social media giant Wednesday. But one lawmaker spearheading the charge to reshape the country’s antitrust law says Trump should be banned permanently. Speaking to Yahoo Finance, Sen. Amy Klobuchar (D, MN) said Trump’s refusal to admit defeat in the 2020 presidential election, and continued lies about election fraud are reason… Source link

Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett has strong feelings on his competition from SPACs when it comes to Berkshire Hathaway’s dealmaking ability. “It’s a killer,” he said at the 2021 Berkshire Hathaway annual shareholders meeting. A SPAC, or special purpose acquisition company (also called a blank check company), goes public without a business plan. The SPAC manager will conduct due diligence on any number of privately-held enterprises to find a candidate. But if one cannot be… Source link

Bloomberg Yellen Says Tax Plan Recoups $2 Trillion in Overseas Profits (Bloomberg) — Treasury Secretary Janet Yellen unveiled a detailed sales pitch for the Biden administration’s proposed new corporate-tax code, a plan that she said would be fairer to all Americans, remove incentives for companies to shift investments and profit abroad and raise more money for critical needs at home.Expanding on the tax proposals released last week in President Joe Biden’s $2.25 trillion economic… Source link

Bloomberg Coca-Cola Considers Options for $6 Billion Africa Unit (Bloomberg) — Coca-Cola Co. is weighing options for its bottling business in Africa, including a sale or initial public offering, according to people familiar with the matter.The soft drinks giant holds 66.5% of Coca-Cola Beverages Africa and is speaking with potential advisers about its exit options, the people said, asking not to be named as the details aren’t public. A sale or IPO of the stake could value the African… Source link

DDG took to Twitter to point out that Google added labels for ‘Search’ and ‘Gmail’ after delaying the update for months. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Privacy-focussed search engine DuckDuckGo (DDG) called out Google for spying on users after the latter updated privacy labels on Apple’s App Store to show the type of data it collects from users. DDG took to Twitter to point out that Google… Source link

(Pocket-lint) – If you’re in a Google Meet group video chat on a large screen such as a desktop or laptop, you’ll know the familiar tile layout that shows several participants at once. This feature wasn’t quite available to callers on smartphones, however, until now. Google is rolling out the tile view for Google Meet mobile users. Curiously, it’s coming to iOS devices first, with Android devices “coming… Source link