A federal jury in Oakland has awarded $15 million in damages against Yahoo in a suit by a software company that accused the tech giant of illegally copying its patented method of web searches. Droplets Inc., which is based in Texas, was granted a patent in 2004 for programming that allowed users to retrieve selected portions of a website without having to download an entire web page. After filing infringement suits against major tech firms, the company reached licensing agreements with nearly… Source link
Read More »Tyson Scrambles to Regain Chicken Profit as New Competitor Looms
(Bloomberg) — Tyson Foods Inc., the top poultry producer in the U.S., is racing to get its chicken unit back on track as a new, formidable competitor emerges. The third and sixth biggest U.S. chicken companies, Sanderson Farms Inc. and Wayne Farms Inc., are combining in a $4.53 billion deal, according to a statement Monday from buyers Cargill Inc. and Continental Grain Co. The deal comes as Tyson’s chicken unit posted a loss in its third quarter amid a series of headaches including high… Source link
Read More »Options Traders Speculate on Surging Tesla Competitor
Options Traders Speculate on Surging Tesla Competitor S&P Futures 4,273.25 -7.25(-0.17%) Dow Futures 34,122.00 -42.00(-0.12%) Nasdaq Futures 14,479.00 -33.50(-0.23%) Russell 2000 Futures 2,309.70 -6.50(-0.28%) Crude Oil 72.50 -0.41(-0.56%) Gold 1,775.20 -5.50(-0.31%) Silver 26.07 -0.15(-0.58%) EUR/USD 1.1915 -0.0014(-0.12%) 10-Yr Bond 1.4780 -0.0580(-3.78%) Source link
Read More »How Elon Musk Responded To Competitor Nio's 100,000th Vehicle Milestone – Yahoo Finance
Bloomberg Watch U.S. Inflation for Hidden Price Momentum: Eco Week Ahead (Bloomberg) — A flurry of U.S. economic reports this week may signal the underlying strength of growth and inflation pressures as the country’s thaw from the coronavirus crisis begins to spread.One of the most-watched reports will be the consumer price index, with March data likely to show a heady acceleration from last year’s pandemic conditions. Economists may zero in on the monthly change to gauge momentum… Source link
Read More »Google silicon could make the Pixel the biggest iPhone competitor
When Google launched its first Pixel phone, we all assumed it would be the iPhone’s biggest competitor. It didn’t quite work out that way. The Pixel has yet to break out among Android’s biggest selling phones and launches have been plagued with numerous bugs and issues. That might change with the upcoming Pixel 6. A new report from 9to5Google says that the Pixel 6 will use Google’s first system-on-chip, codenamed “GS101” Whitechapel. The Pixel would then be one of the only… Source link
Read More »Coinbase competitor Blockchain.com raises $300 million in crypto funding frenzy
Just one month removed from a $120 million dollar financing round, London-based cryptocurrency giant Blockchain.com announced Wednesday it raised another $300 million to reach a $5.2 billion post-money valuation. The Series C funding round comes as the 10-year-old crypto company reported hitting 31 million verified users across 200 countries. Blockchain.com CEO Peter Smith said the company has been able to raise $1.5 billion since its founding as institutional interest continues to swell with… Source link
Read More »Google Is Launching TikTok Competitor YouTube Shorts
Short-form video sharing giant TikTok will face competition from Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) in March. Alphabet subsidiary Google will roll out YouTube Shorts to the U.S. market “in the coming weeks.” YouTube chief product officer Neal Mohan announced the stateside rollout of YouTube Shorts in a blog post on Wednesday, alongside several other tweaks to YouTube’s video-sharing and monetization processes. Mohan wrote that YouTube Shorts will… Source link
Read More »YouTube Competitor Rumble Hits Google With Antitrust Allegations
Rumble Inc., a streaming video site increasingly favored by users who think conservatives are censored online, sued Google in federal court in California Monday, claiming the tech giant unlawfully tilts search engine results toward its sister company YouTube. “By unfairly rigging its search algorithms,” Google has been “able to wrongfully divert massive traffic to YouTube, depriving Rumble of the additional traffic, users, uploads, brand awareness and revenue it would have otherwise… Source link
Read More »Google’s Trying to Become Amazon’s Biggest Competitor
Late last year, Baird analyst Colin Sebastian called Google an “e-commerce powerhouse.” He expected Google Shopping to make efforts to win over more merchants and shoppers following the hiring of former PayPal Chief Operating Officer Bill Ready. That would make Google a serious competitor to Amazon (
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