SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. In December, SoftBank Ventures Asia led the financing round for another Chinese robotics startup called KeenOn, which focuses on… Source link
Read More »Tech Leads Stock Retreat Ahead of Megacap Earnings: Markets Wrap
(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link
Read More »As Democrats’ Once-Cozy Relationship With Tech Is Tested, Ex-Google Policy Lead’s New Trade Group Touts Industry’s Benefits
A new tech industry association, led by a former Google public policy director and with funding from Amazon.com Inc., Facebook Inc. and Google, is coming to Washington. But instead of starting its efforts with traditional tech policy issues, the group is leaning hard into another Democratic linchpin: voting rights. Just a few days after House lawmakers ripped into the chief executives of Facebook, Google and Twitter Inc. for myriad issues, the Chamber of Progress launches Monday with the… Source link
Read More »Tech Leads Stocks Higher; Yields Retreat From Peak: Markets Wrap
(Bloomberg) — Technology shares rose and Treasury yields retreated from the highest levels of the day as investors weighed the risk of inflation with economic growth accelerating. The yield on the benchmark 10-year Treasury had spiked earlier after the Federal Reserve let a capital break for big banks expire. Crude oil rebounded after tumbling Thursday. The S&P 500 edged higher, led by the energy and communication services sectors. JPMorgan Chase & Co. and other banks weighed on the Dow Jones… Source link
Read More »This CEO drives a supercharged Tesla and a 707 horsepower Jeep, and also leads a 118-year auto parts making legend
As you could imagine, the CEO of legendary aftermarket auto parts maker Holley, Tom Tomlinson, has one heck of a garage at home. “I recently completed a 1973 Camaro — it looks like a 1973 Camaro on the outside, but everything underneath the skin is a modern supercar,” Tomlinson told told Yahoo Finance Live. Tomlinson, dabbles in building restomods, owns a Tesla Model 3 Performance and the 707 horsepower Jeep Trackhawk. This writer isn’t keen on being the bearer of bad news to a fellow car… Source link
Read More »Patrick Ewing leads Georgetown to tournament
Georgetown is back in the NCAA tournament. And this time it’s with program legend Patrick Ewing as its head coach. The Hoyas, the No. 8 seed in the Big East tournament, squared off with No. 17 Creighton in the championship game on Saturday night at Madison Square Garden, an arena Ewing called home for 15 years as a member of the New York Knicks. Ewing’s team looked at home, too. The Hoyas started slow, missing 12 of their first 14 shots. From there, though, they climbed out of an early… Source link
Read More »Yankees' DJ LeMahieu leads 2021 Fantasy Baseball fades – Yahoo Sports
MMA Weekly UFC 259 bonuses all go to preliminary fighters Though UFC 259 features three championship fights, none of the athletes in any of those title fights earned UFC 259 bonuses. All of the UFC 259 official performance bonuses went to preliminary card fighters. UFC 259 Fight of the Night: Kennedy Nzechukwu vs. Carlos Ulberg Kennedy Nzechukwu and Carlos Ulberg each earned an additional $50,000 for their efforts in the UFC 259 Fight of the Night. Ulberg started things off with a brutal head… Source link
Read More »Draymond Green’s late ejection leads to wild Hornets win
Draymond Green got thrown out in the final seconds of Saturday’s matchup with the Charlotte Hornets, and it likely cost the Golden State Warriors the game. Green picked up a pair of technicals after a wild scramble for a loose ball with less than 10 seconds left in the game. So, Terry Rozier hit a pair of free throws for the Hornets to tie it back up at 100. He then hit a heavily contested shot at the buzzer to give Charlotte an improbable 102-100 win. “[Draymond] crossed the line. That’s… Source link
Read More »Tech Leads Gains in Stocks; Crude Oil Climbs: Markets Wrap
(Bloomberg) — Markets started the week in the green, with tech shares climbing and investors continuing to focus on the U.S. administration’s $1.9 trillion Covid-19 relief plan. Futures on the Nasdaq 100 Index added almost 1%, outperforming contracts on the Russell 2000 Index of small-cap shares. GameStop Corp. extended its extreme rally, surging 46% in premarket trading. In Asia, Chinese internet firm Tencent Holdings Ltd. jumped 11%, the biggest gain since 2011, as mainland traders… Source link
Read More »Mahomes leads Chiefs to Super Bowl LV with win over Bills
Patrick Mahomes is 25 years old. He has already achieved more than just about every quarterback to play in the NFL before him. Mahomes has been the Kansas City Chiefs’ starter for three seasons. He has one overtime loss in the AFC championship game, a Super Bowl win and he’ll be going to his second Super Bowl after the Chiefs had a surprisingly easy 38-24 win over the Buffalo Bills in the AFC championship game Sunday. They’ll play the Tampa Bay Buccaneers and Tom Brady — who handed… Source link
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