The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks, reasons Goldman Sachs (GS) chief economist Jan Hatzius. “I would say growth is clearly slowing. Obviously we are past the peak [growth] rate, but it’s a relatively graduate slowdown,” said Hatzius on Yahoo Finance Live. Hatzius and his team made headlines earlier this month for cutting their 2021 GDP growth estimate to 5.6% from 5.7%. The group also issued a… Source link
Read More »Reddit hires former Google Cloud exec as its first chief product officer – TechCrunch
Reddit announced today that it has hired Pali Bhat, the former vice-president of product and design at Google Cloud, as the company’s first Chief Product Officer. Bhat will be tasked with overseeing Reddit’s product organization and leading the development of tools and features for the platform. In his new role, Bhat will report directly to Reddit CEO Steve Huffman. Bhat will lead and facilitate the creation of tools and features focused on bringing… Source link
Read More »China has won AI battle with U.S., Pentagon’s ex-software chief says
LONDON (Reuters) -China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software chief told the Financial Times. China, the world’s second largest economy, is likely to dominate many of the key emerging technologies, particularly artificial intelligence, synthetic biology and genetics within a decade or so, according to Western intelligence assessments. Nicolas Chaillan, the… Source link
Read More »The New Yahoo With Chief Business Officer Iván Markman
Tax hikes in 2022 are ‘pretty certain:’ Chief Investment Officer
As the proposed $3.5 trillion infrastructure bill continues to receive pushback in the Senate—even from within party lines—looming tax hikes in 2022 have become an ever-increasing concern. According to Kevin Simpson, Capital Wealth Planning founder and chief investment officer, tax increases next year is the most likely scenario. “I’m pretty certain we’re going to get tax hikes next year in 2022,” Simpson told Yahoo Finance Live. “None of us like that but we’ve got to pay for a… Source link
Read More »DOJ preps to sue over Google’s ad tech, even without its antitrust chief
With help from Leah Nylen and John Hendel Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — Ready for round 2? The Justice Department is preparing yet another suit against Google, and it could happen before DOJ antitrust… Source link
Read More »Google disbands health unit as chief departs for Cerner
Dive Brief: Google is dissolving its health division, Google Health, after three years as the head of the unit, David Feinberg, departs to become CEO of health IT vendor Cerner. Google is splitting its health projects and teams across several other divisions of the company, according to an Aug. 19 internal memo to employees from Jeff Dean, the head of Google’s research division, obtained by Insider. Alphabet’s Google created the Google Health division in 2018 to… Source link
Read More »Google Health chief leaves to become CEO of health tech company Cerner – Fortune
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Read More »Google shuts down unified health division as chief leaves company
Google is reportedly dismantling its health technology initiative and splitting its projects across other teams as the chief of the division departs the company. Dr. David Feinberg is reportedly leaving Google to join electronic medical records firm Cerner as its CEO and president. According to Business Insider, the various projects and teams that make up Google Health are being split across other parts of Google. In a memo sent to Google employees on Thursday, Google research whiff Jeff… Source link
Read More »Where Google’s Advertising Chief Searches for Insight
A week before Lorraine Twohill applied to engineering school in her native Ireland, she found herself reviewing a brochure about a new degree called international marketing. Its promise of a year studying abroad led the math whiz to swap engineering for marketing. The last-minute shift three decades ago broke the heart of her father, a math teacher, but changed her life. Her studies at Dublin City University and year abroad in Spain put her on a path to become the chief marketing officer at… Source link
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