Russian companies have been plunged into a technological crisis by western sanctions that have created severe bottlenecks in the supply of semiconductors, electrical equipment and the hardware needed to power the nation’s data centres. Most of the world’s largest chip manufacturers, including Intel, Samsung, TSMC and Qualcomm, have halted business to Russia entirely after the US, UK and Europe imposed export controls on products using chips made or designed in the US or Europe…. Source link
Read More »Google hit by second UK antitrust probe into online ad dominance
The entrance to Google’s U.K. offices in London. Olly Curtis | Future Publishing | via Getty Images The U.K.’s competition regulator has opened a fresh investigation into Google, taking aim at the company’s role in the advertising technology market. It’s the second major antitrust probe to target Google’s ad practices in the U.K. The Competition and Markets Authority launched a separate investigation with the European Union into Google and Facebook parent company Meta earlier this year over… Source link
Read More »Former Braves reporter hit in the head by 95 MPH line drive during Rockies game
A former television reporter for the Atlanta Braves is recovering after she was hit during another Major League Baseball game earlier this week. A 95 mph line drive struck Kelsey Wingert in the head during Monday night’s game between her current team the Colorado Rockies and the San Francisco Giants. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] The Giants’ Austin Slater hit a foul ball off Rockies pitcher Daniel Bard in the ninth inning. The ball hit Wingert where she was… Source link
Read More »Amazon, Ford hit by massive losses on Rivian investments
Rivian’s (RIVN) recent stock performance may have burned a hole in many a retail investor’s portfolio. It’s also burned a big hole in Ford (F), and now Amazon’s, quarterly performance. Last night in its first quarter earnings report, Amazon (AMZN) revealed it booked a $7.6 billion mark-to-market loss on its investment in Rivian, which led to an overall $3.8 billion net loss for the quarter. Amazon owns an 18% stake in the electric vehicle maker. Earlier this week, Ford reported an overall $3.1… Source link
Read More »Small business owners feel ‘hit to the throat’ when applying for bank loans
Small business owners often face hurdles trying to borrow money. Data from the Federal Reserve shows that 85% experienced financial difficulties in 2021. And during that time, more than half of owners who sought loans were looking to meet their operating expenses rather than to expand their businesses, the report found. In addition, small business owners are also feeling the sting of higher prices. Inflation in the country is now running at annual 7.9% for the 12-month period ended February,… Source link
Read More »Dwayne Haskins, Steelers quarterback, dies after being hit by dump truck in Florida
Pittsburgh Steelers quarterback Dwayne Haskins died early Saturday morning after he was hit by a dump truck near Fort Lauderdale, Florida. He was 24. According to the Florida Highway Patrol, Haskins was walking on a “limited access facility (highway/expressway) for unknown reasons” around 6:37 a.m. The FHP said he was attempting to cross westbound lanes of Interstate 595 when he was hit by a dump truck. He was pronounced dead at the scene, per the FHP, and traffic homicide investigators were… Source link
Read More »S&P 500 companies hit highest level of analyst ‘Buy’ ratings in more than a decade
U.S. equity markets endured a gnarly first quarter. All three major indexes logged their worst performance in two years as rising interest rates, geopolitical tensions and supply-chain disruptions dampened investor sentiment. But even against that backdrop, Wall Street pros stayed bullish on stocks. According to new data from FactSet, analysts had the most Buy ratings on stocks in the S&P 500 as a percentage of their total ratings during February and March in over a decade. Of 10,821 ratings… Source link
Read More »Search Engine Yahoo! Hit With $15 Million Patent Infringement Bill
Yahoo just got caught in a major plagiarism scandal and is having to pay up big. A federal jury in Oakland says the Sunnyvale-based web portal and online services company has to give a software company $15 million for infringing on its search technology patent. A Texas-based software company called Droplets Inc. has a patent on software, dating back to 2004, that lets users reach specific portions of a website without having to download the entire page, as the Chronicle reports. Other… Source link
Read More »Jazz’s Trent Forrest hospitalized after hit by Rudy Gobert
Utah Jazz guard Trent Forrest left their game against the Los Angeles Clippers early on Tuesday night after teammate Rudy Gobert accidentally smacked him in the face. Forrest was ruled out of the game quickly, and was taken to a local hospital to be evaluated for a concussion. Forest was under the rim in the opening minutes of the second quarter at Crypto.com Arena and behind Gobert, who was fighting for position with Clippers big man Isaiah Hartenstein. Gobert stumbled back after a shove from… Source link
Read More »Markieff Morris returns to Heat, 4 months after Nikola Jokic hit
Markieff Morris has returned from what has somehow become one of the NBA’s most controversial injuries. The Miami Heat forward appeared in his first game since Nov. 8 on Saturday, playing 17 minutes and recording six points. He played several minutes down the stretch in a close fourth quarter, with the Heat eventually losing 113-104 to the Minnesota Timberwolves. It had been a long wait for Morris, who sustained whiplash from a run-in with Denver Nuggets center Nikola Jokic. The injury… Source link
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