Tag Archives: concerns

Today started with big news from Lenovo, followed by Waymo and Intel. Now it seems that Google is extracting itself entirely from its in-person presence at CES. A spokesperson for the company tells TechCrunch: After careful consideration we have decided to withhold from having a presence on the show floor of CES 2022. We’ve been closely monitoring the development of the Omicron variant, and have decided that this is the best choice for the health and safety of our teams. We will… Source link

Contracts on the Dow, S&P, and Nasdaq were sideways heading into overnight trading on Wednesday, building on back-to-back sessions of gains as fears the Omicron variant would derail economic growth cooled among investors who sold-off risky assets at the start of the week on reports of swelling case numbers. Futures on all three major indexes were in the green Wednesday evening. The moves follow positive economic data that curbed worries of Omicron’s impact on the economy and inflation… Source link

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. FABRICE COFFRINI | AFP | Getty Images Google employees are pressing executives to bring back a part of the company’s culture that, in the past, made it a desirable place to work: candor. At a year-end all-hands meeting, held virtually earlier this month, CEO Sundar Pichai read aloud one of the most popular questions from employees, based on the company’s internal… 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

Stock futures opened relatively flat on Wednesday evening, though sustaining gains posted by a three-day recovery rally that was led by cooled investor concerns around the Omicron variant. Dow futures inched up 0.02%, while contracts on the tech-focused Nasdaq Composite ticked up 0.10%. All major indexes closed up, with the S&P 500 gaining 14.46 points to close the session at 4,701.21, just 0.5% shy of the trading session on Nov. 24, a day before the latest COVID-19 variant was announced by… Source link

The UK’s data protection watchdog has written to Apple and Google seeking details of how they assess apps to determine the age ratings they apply following concerns raised by an online child safety charity. The move follows the coming into force of the UK’s Age Appropriate Design Code this September — which puts requirements on digital services that are likely to be accessed by children to prioritize protecting their privacy and safety. In a statement today the information… Source link

Three years after an employee revolt forced Google to abandon work on a Pentagon program that used artificial intelligence, the company is aggressively pursuing a major contract to provide its technology to the military. The company’s plan to land the potentially lucrative contract, known as the Joint Warfighting Cloud Capability, could raise a furor among its outspoken work force and test the resolve of management to resist employee demands. In 2018, thousands of Google employees signed a… Source link

The U.S. economy expanded at its slowest clip in over a year in the third quarter, with a reopening surge in activity quickly beginning to fade. The Bureau of Economic Analysis released its first estimate of third-quarter gross domestic product (GPD) on Wednesday. Here were the main metrics economists from the print, based on consensus estimates compiled by Bloomberg: GDP quarter-over-quarter, annualized: 2.0% vs. 2.6% expected, 6.7% in Q2 Personal consumption: 1.6% vs. 0.9% expected, 12.0% in… Source link

Stock futures fell Monday morning to give back some gains after the S&P 500’s best week since July, with investors’ concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.  Contracts on the Dow dropped about 100 points, or 0.3%, with about two hours until the opening bell. The S&P 500 and Nasdaq also headed for lower opens. The moves tracked a drop in overseas equities after China… Source link

The latest Concerns for Chiefs continue to rise after blowout loss to Bills | Yahoo! Sports Charles Robinson, transcribed from You Pod to Win the Game podcast: I didn’t think Josh Allen had his absolute, exquisite A-game in this one and, yet, it was very, at least from the standpoint defense, it was very much, I don’t want to say a dominating game. But to be able to turn the Chiefs over in the fashion that they were in vital moments, is concerning to me. So yeah, I don’t know, man…. Source link