San Francisco Fed President Mary Daly told Yahoo Finance Live in an exclusive interview on Thursday that she sees the case for interest rates to move ‘expeditiously’ higher in order to pump the brakes further on surging inflation. And with the Fed growing increasingly hawkish in its endeavor to lower prices, uncertainty remains as to when month-over-month inflation will turn around. Deutsche Bank (DB) Wealth Management CIO for the Americas Deepak Puri believes that prices are currently at… Source link
Read More »Google improves Android message management
Google has started rolling out an Android update that sorts business and personal messages under separate tabs to make it easier for people to focus on work-related texts. The update will arrive over the coming weeks for smartphones and tablets running Android 6 or higher, Google said this week. It will contain several features meant to improve the use of the mobile operating system’s messaging app. The new tabs resemble those found in email applications. The idea is to provide quick… Source link
Read More »US fund Fidelity Management & Research acquires 4.5% stake in Yandex
The US-based fund Fidelity Management & Research Company (FMR) has acquired a 4.5 percent stake in Russian internet search engine Yandex, reports Cnews.ru. The market price of this stake is UAS 1.17 billion. Five US-based funds now own stakes at Yandex. Source link
Read More »Apollo Global Management Is Talking to Potential Leaders for Yahoo, AOL
Apollo is eyeing leadership changes at Yahoo as it prepares to take over the media company. Former Hearst magazines head Troy Young has been among those advising Apollo, fueling speculation he could be tapped for a leadership role there. Apollo is expected to try to turn around the company by investing in editorial, subscriptions, and commerce. As Apollo Global… Source link
Read More »Google Photos is so 2020—welcome to the world of self-hosted photo management
Say hello to Google’s new pricing tiers for Google Photos. The familiar web interface for Photos users. … Source link
Read More »Yahoo Sports, Verizon Media Brands Sold to Apollo Global Management
Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others By Andrew Cohen May 3, 2021 Fantasy sports app Underdog Fantasy has raised $10 million from a group of investors that includes Dallas Mavericks owner Mark Cuban, Brooklyn Nets star Kevin Durant, Detroit Lions quarterback Jared Goff, and ESPN’s Adam Schefter. The round was led by angel investor Kevin Carter, who is an advisor at SV Angel, and included investments from music stars such… Source link
Read More »Google targets multi-cloud management with Anthos updates
Google rolled out a slew of updates for its Anthos cloud platform, debuting new capabilities designed to make it easier for customers to manage multi-cloud deployments. The company launched Anthos in April 2019, and subsequently debuted a telco specific version of the platform, Anthos for Telecom, in March 2020. Richard Seroter, director of outbound product management at Google Cloud, told Fierce the upgrades in its Anthos 1.7 release fall into two primary categories: those aimed at… Source link
Read More »BNY Mellon Wealth Management CEO
Retail sales data released on Thursday showed a massive spike in purchases last month that nearly doubled economist expectations, fueling optimism about the COVID-19 recovery as widespread vaccination takes hold and businesses reopen. News of the spending boom came days after data revealed a jump in consumer prices last month, heightening inflation fears among some observers like former Treasury Secretary Larry Summers, who warned that the U.S. is “doing roughly everything you can do to… Source link
Read More »Google Wifi router management is getting rolled into the Google Home app
Google is killing off its dedicated Google Wifi app for managing its routers, rolling that functionality over to the Google Home app as the company continues to “help our customers control and manage all their connected products in one place and enable routines across them.” The switchover to the Google Home app will come in two phases: first, Google will disable most of the functionality of the Google Wifi app on May 25th. Starting then, users will only be able to view the current… Source link
Read More »Yandex N.V. (NASDAQ:YNDX) – Yandex Announces Management Changes After Finance Chief Departs
European internet and ride-hailing provider Yandex NV (NASDAQ: YNDX) announced the exit of Greg Abovsky as CFO and COO effective April 30 to pursue another opportunity in a different region. Vadim Marchuk was appointed as acting CFO. Marchuk had joined Yandex in 2016 as VP of Corporate Development. The COO roles will be divided between management team members, including Deputy CEO Tigran Khudaverdyan. Price action: YNDX… Source link
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