Tag Archives: forced

The threat that forced Google’s co-founder out of retirement

The threat that forced Google’s co-founder out of retirement

So in January, when the Amazon founder invested in a company seeking to take Google’s place in the food chain, people sat up and took notice.  Bezos took part in a $74m investment in Perplexity, a San Francisco start-up that aims to answer queries with artificial intelligence rather than a list of links.  Type a question into the app – how to roast a chicken – and it will confidently answer with a couple of sentences and a few bullet points, rather than… Source link

Read More »

Jaromir Jagr forced into action at age 50 after illness decimates team he owns

Jaromir Jagr forced into action at age 50 after illness decimates team he owns

Jaromir Jagr is still picking up points in professional hockey at the age of 50. (Photo by Jari Pestelacci/Eurasia Sport Images/Getty Images) Jaromir Jagr hasn’t played in the National Hockey League since 2017, but the 50-year-old remains undefeated against father time. The soon-to-be 51-year-old, owner of the Kladno Knights in the Czech Extraliga, had to fill in due to a widespread illness decimating the roster, making his 2022-23 season debut on Sunday. And he looked pretty good,… Source link

Read More »

Jaromir Jagr forced into action at age 50 after illness decimates team he owns

Jaromir Jagr forced into action at age 50 after illness decimates team he owns

Jaromir Jagr is still picking up points in professional hockey at the age of 50. (Photo by Jari Pestelacci/Eurasia Sport Images/Getty Images) Jaromir Jagr hasn’t played in the National Hockey League since 2017, but the 50-year-old remains undefeated against father time. The soon-to-be 51-year-old, owner of the Kladno Knights in the Czech Extraliga, had to fill in due to a widespread illness decimating the roster, making his 2022-23 season debut on Sunday. And he looked pretty good,… Source link

Read More »

Can the billionaire be forced to buy Twitter?

Can the billionaire be forced to buy Twitter?

Last week, Elon Musk said that he was ending his bid to buy Twitter (TWTR) — prompting the social media platform to almost immediately fire back, calling his effort to terminate the deal “invalid and wrongful.” So, what’s next? It’ll definitely get messier from here, for one. Musk could be on the hook for a $1 billion reverse breakup fee and, on top of that, the merger agreement features a “specific performance” clause that could theoretically force the Tesla (TSLA) CEO to close the… Source link

Read More »

Tobacco companies will be forced to reduce nicotine in U.S. cigarettes until they’re non-addictive, if the Biden administration has its way: report

Tobacco companies will be forced to reduce nicotine in U.S. cigarettes until they’re non-addictive, if the Biden administration has its way: report

Tobacco companies will be forced to reduce nicotine in cigarettes sold in the U.S. to nonaddictive, or minimally addictive, levels, if the Biden administration has its way. The policy could be announced as early as this coming week, The Wall Street Journal reported Friday. But it likely won’t take effect for several years. The U.S. Food and Drug administration would have to draft a proposed rule and open it for public comment. After it published the rule, tobacco companies could sue, delaying… Source link

Read More »

Big retailers might soon be forced to offer big discounts

Big retailers might soon be forced to offer big discounts

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 19, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. Yesterday, Target’s (TGT) earnings were a huge whiff. The stock market did not care for this news, and equities across the board tanked with the S&P 500 turning in… Source link

Read More »

Tom Brady return forced NFL schedule-makers to start over

Tom Brady return forced NFL schedule-makers to start over

Tom Brady is arguably the biggest draw in the NFL. So when he retired then unretired this offseason, he wreaked havoc for the league — and its schedule-makers. A Tampa Bay Buccaneers team with, say, Blaine Gabbert at quarterback isn’t much of a TV draw. But a Bucs team again featuring Brady under center — now we’re talking primetime. The folks who spend an inordinate amount of time, effort and processing power making a football schedule spoke with the Los Angeles Times about the process… Source link

Read More »

A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

A Bitcoin margin call. If the world’s leading cryptocurrency drops below ,000, Michael Saylor’s MicroStrategy will be forced to pay up

Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor, an MIT graduate and the cofounder and CEO of the business intelligence firm MicroStrategy, has become a hero to the Bitcoin faithful ever since his company began stockpiling the cryptocurrency in August 2020. The CEO has gone so far as to call Bitcoin “freedom,” and “the most… Source link

Read More »

IOC forced to address COVID isolation complaints

IOC forced to address COVID isolation complaints

The International Olympic Committee and the Beijing Organizing Committee said Sunday that it would “address” numerous complaints from athletes about substandard conditions in the isolation centers they were sent to after testing positive for COVID-19. Complaints have come in via official channels and social media accounts about dirty rooms, non-existent internet access, substandard meals and a lack of training equipment or even space for calisthenics. Russian biathlete Valeria Vasnetsova… Source link

Read More »