Tag Archives: invest

LAGOS, Oct 6 (Reuters) – Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital transformation, it said on Wednesday. The unit of U.S. tech company Alphabet Inc (GOOGL.O) made the announcement at a virtual event where it launched an Africa Investment Fund, through which it will invest $50 million in startups, providing them with access to its employees, network and… Source link

MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in 2018, it remains one of Yandex’s smaller business lines. Group revenue for 2021 is seen at between 330 and 340 billion roubles. “This is a very important step…. Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo MOSCOW, Sept 24 (Reuters) – Russian internet firm Yandex (YNDX.O) plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in… Source link

Corporate tax increases are necessary for the U.S. to better compete globally, U.S. Commerce Secretary Gina Raimondo told Yahoo Finance Live in an interview. House Democrats are out with a proposal to raise the tax rate on companies with income of at least $5 million to 26.5%.  “If American business is going to compete, we need these investments,” Raimondo said. “And then the question is, how do you pay for them. I don’t know any business leader who thinks that it would be… Source link

In this article, we discuss the 7 new stocks to invest in according to Michael Burry. If you want to skip our detailed analysis of these stocks, go directly to the 2 New Stocks to Invest In According to Michael Burry. Michael Burry, the legendary investor who was the subject of a Hollywood movie for his investment exploits leading up to and during the financial crisis of 2008, has in recent months outlined his fears around inflation and the “mother of all crashes” amid rampant speculation… Source link

This week’s “flash crash” that dragged bitcoin (BTC-USD) back below $50,000 — and sent other digital coins reeling in its wake — marred what should have been the momentous occasion of the first sovereign country on earth adopting a cryptocurrency as legal tender.  Despite the ugly price action, most of crypto’s true believers are still just that — even as some observers question bitcoin’s head-spinning volatility, and El Salvador’s decision to throw its weight behind it.  Michael… Source link

Private financial services platform Acorns is making it a little easier for parents to invest in their children’s financial futures by saving early and often. “Everyone should be doing as proactive a job as possible, and thoughtfully approaching early financial literacy and education,” Kennedy Reynolds, the Chief Education Officer at Acorns, told Yahoo Finance (video above). “There’s no such thing as too early when it comes to this.” The Acorns Early program allows parents to set aside… Source link

BERLIN (AP) — Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud computing centers in the Berlin region and in the town of Hanau, close to the DE-CIX data exchange in Frankfurt. Google said it would purchase more than 140 megawatts of electricity from the German subsidiary of French utility company… Source link

BERLIN (AP) — Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud computing centers in the Berlin region and in the town of Hanau, close to the DE-CIX data exchange in Frankfurt. Google said it would purchase more than 140 megawatts of electricity from the German subsidiary of French utility company Engie over the… Source link

Ethereum is a combination of platform, digital currency, and programming code.  One of a cohort of increasingly popular cryptocurrencies, it operates as a decentralized, open-source “programmable” blockchain platform, and forms the basis of the digital coin known as ether (ETH-USD), the largest digital coin after Bitcoin (BTC-USD) by market cap. Read the latest cryptocurrency and bitcoin news from Yahoo Finance Ethereum utilizes its own programming language known as Solidity, and the number of… Source link