Tag Archives: Investment

When President Biden signed the Bipartisan Infrastructure Law last November, it promised $45 billion to help upgrade America’s spotty broadband infrastructure. This week, administration officials offered more details on how that money will be made available through a new “Internet for All” program that aims to bring high-speed internet to every part of the U.S. “We are going to ensure every American will have access to technologies that allow them to attend class, start a small… Source link

Google employees work inside the company’s data center in Pryor.  (Courtesy photo, File) Google announced plans on Wednesday to expand a major data center in Pryor as part of an overall investment of more than $75 million in the state. The Mountain View, California-based company has committed about $4.4 billion in all to Pryor since announcing in 2011 that it would build the data center at the MidAmerica Industrial Park. Google also has created more than 800 jobs in the Mayes County… Source link

Investor and political activist Bill Browder (left) and Russian President Vladimir Putin (right)TOLGA AKMEN/AFP via Getty Images (left), Mikhail Svetlov/Getty Images (right) Bill Browder once ran Russia’s largest foreign investment fund — now he’s Putin’s “enemy.” In an interview with The New York Times, he said remaining in Russia is like doing “business in Nazi Germany.” He said all companies have a “moral obligation” to leave Russia, “no matter what the cost is.” Bill Browder — an… Source link

Unix Hash Shenzhen, China, March 29, 2022 (GLOBE NEWSWIRE) — Ethereum and Bitcoin are among the top two cryptocurrencies in the market. The Ethereum vs. Bitcoin debate has been raging for some years now. Google searches for “Ethereum merge” just hit an all-time high. Some expert crypto analysts believe that Ethereum may overtake Bitcoin in the coming years, as it continues to grow and be accepted worldwide. According to Yahoo Finance, Ethereum could eventually pass Bitcoin in market cap… Source link

A new database released by Georgetown University’s Center on Education and the Workforce (CEW) ranks 4,500 colleges and universities based on their return on investment (ROI). “At 1,233 postsecondary institutions (30% of all colleges), more than half of students 10 years after enrollment earn less than a high school graduate,” the Center wrote in its accompanying report. “CEW’s previous research suggests that these low earnings may be related to low college graduation rates and… Source link

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

In his 2022 letter to CEOs, BlackRock (BLK) CEO Larry Fink urged other heads of companies to prepare for and participate in the green transition as part of a broader defense of stakeholder capitalism. “I believe the decarbonizing of the global economy is going to create the greatest investment opportunity of our lifetime,” Fink wrote. “It will also leave behind the companies that don’t adapt, regardless of what industry they are in.” The CEO of the world’s largest asset manager… Source link

Moscow, Amsterdam, December 30, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that Fitch Ratings has assigned Yandex a first-time Long-Term Issuer Default Rating (IDR) of ‘BBB’ with a Stable Outlook. According to Fitch’s published report, the key rating drivers included, among others, Yandex’s strong leadership position in many consumer segments in Russia (including… Source link

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent. He made this known at the Google for Africa… Source link

During the pandemic in 2020, nearly 20 million more Africans subscribed to a mobile service than in the previous year, according to industry trade group Global System for Mobile Communications (GSMA), with 4G connections set to double over the next four years. Tech giants such as Google — which expects hundreds of millions more people to come online across the continent for the first time in the next few years — are moving quickly in the race for Africa’s digital inclusion. Last year,… Source link