File Photo: The logo of the Russian internet group Yandex was taken on October 4, 2018 at the company’s headquarters in Moscow, Russia. REUTERS / Shamil Zhumatov / File Photo September 24, 2021 Moscow (Reuters) -Russian internet company Yandex plans to launch a cloud business in Germany in 2022 with an initial investment of $ 30 million announced prior to Friday’s annual Yandex.Scale cloud conference. .. Yandex.Cloud revenue is expected to double to around 3 billion rubles in 2021, but… Source link
Read More »Former Cisco CEO says he is ‘not investing in China’
Former long-time Cisco CEO John Chambers has done business in China for decades, dealing with corporate leaders and government officials. The various dealings were always tough, acknowledges Chambers, but importantly there was a certain predictability to them and a focus on win-win outcomes. But that predictability has evaporated as the Chinese government cracks down on the business operations of Didi (DIDI) and other big tech players in the country, says Chambers. As a result of this new… Source link
Read More »Google investing additional $1 billion in central Ohio to expand data centers
NEW ALBANY, Ohio (WCMH) — Search engine giant Google is planning to invest an additional $1 billion to expand its data center in New Albany. The company made the announcement in a press release Thursday. Amazon looking to Ohio as a site for retail department stores, WSJ reports In addition, the company says it has acquired 618 more acres of land in Columbus and Lancaster for potential future data center locations. Google broke ground on the New Albany site at the… Source link
Read More »Google investing another $1 billion, buying Columbus land for data centers
Google will invest an additional $1 billion into its data center operations in New Albany while buying land in Columbus and Lancaster for more data centers. The Columbus site is the home of the old Hartman Farm off of South High Street. “We are delighted that Google Cloud has committed to expanding its presence in Ohio, further solidifying the state’s position as one of the country’s leading destinations for cloud technology investment,” Gov. Mike DeWine said Thursday in a statement…. Source link
Read More »ESG investing is booming, and investors are ‘winging it when it comes to research’
Interest in environmental, social, and governance (ESG) investing has taken off, and there’s no sign it’s slowing down. And yet, when it comes to choosing assets that align with their values, investors are still relying heavily on brand perception rather than companies’ policies on ESG-related issues. A recent survey conducted by Investopedia and TreeHugger asked respondents to choose stocks that they thought performed best by ESG standards. Surprisingly, many of the top picks were middling… Source link
Read More »Americans know about cryptocurrency but most aren’t interested in investing
Names like bitcoin (BTC-USD), dogecoin (DOGE-USD), ethereum (ETH-USD), and litecoin (LITE-USD) are entrenching themselves in the financial and cultural lexicon. But most people are not ready to take the cryptocurrency plunge, a new poll suggests. A YouGov survey of 1,715 U.S. adults, conducted exclusively for Yahoo, found that 89% of respondents had heard of bitcoin and a clear majority (57%) of those who were aware would not invest in any cryptocurrency. (The poll, conducted July 13-15,… Source link
Read More »Real Estate Investing Guru Mindy Jensen Says To Avoid These Types of Properties
Mindy Jensen Mindy Jensen is the co-host of the “BiggerPockets Money” podcast and the co-author of “First-Time Home Buyer, The Complete Playbook To Avoiding Rookie Mistakes.” She’s also a licensed real estate agent in Colorado and has been buying and selling homes since 1998. She is passionate about helping buyers make intelligent, informed decisions about their home purchases. Recognized by GOBankingRates as one of Money’s Most Influential, here she shares the types of properties… Source link
Read More »Reddit Traders Are Upending the World of Credit Investing, Too
(Bloomberg) — It was the type of master stroke that could make a Wall Street career. Jason Mudrick’s financing of AMC Entertainment Holdings Inc. at the height of the pandemic netted his hedge fund hundreds of millions of dollars in just a few months. Then, in the blink of an eye, it was gone. Options contracts meant to hedge the bullish wager went haywire as retail traders flocked to AMC’s stock, pushing shares to once unimaginable heights and costing Mudrick Capital Management all of… Source link
Read More »Warren Buffett gave this investing tip to NFL defenseman Ndamukong Suh
Very few people in the world could call investing legend Warren Buffett a good friend. Tampa Bay Buccaneers star defenseman and investing fanatic Ndamukong Suh is one of those people. Suh, 34, told Yahoo Finance Presents he has learned tons of invaluable investing lessons from the now 90-year-old Oracle of Omaha, but one in particular stands out. “Probably the most important one [lesson] that I learned from him is focusing on the people,” Suh said. “People are the most important thing about… Source link
Read More »UPDATE 3-Palantir allows payments in bitcoin, mulls investing in cryptocurrencies
TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link
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