The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021. In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S…. Source link
Read More »What Google’s copyright win means for other industries
It’s been called the Copyright Case of the Century. For a decade, the software company Oracle has accused Google of “stealing” code from its Java programming language to build Google’s Android mobile operating system. Google argued that it was “fair use” and therefore protected by law. Java is a common programming tool, and many say Oracle’s claim would be like telling an architect not to use bricks. On Monday, the Supreme Court agreed. The… Source link
Read More »Yahoo is an acronym — find out what it means
Here are some common to today’s language that you might not have known: by: Len Rome Posted: Mar 30, 2021 / 09:29 AM EDT / Updated: Mar 30, 2021 / 09:29 AM EDT (WYTV) – Have you ever wondered what a certain acronym stood for? Here are some common to today’s language that you might not have known: FOMOThe fear of missing out on experiences other people are having. A phrase from the early 2000s when the internet and social media… Source link
Read More »What it means if Cathie Wood is the face of the market
If I asked you to name the person who most epitomizes today’s stock market you might say Roaring Kitty (aka Keith Gill) or Vlad Tenev, CEO of Robinhood, or some other millennial meme-stock trading bro. They’re the ones driving the narrative, right? I would argue instead for someone who appears to be the exact opposite of that stereotype: A 65-year-old female financial services insider, who supported Donald Trump and has deep religious convictions—and paradoxically, (or perhaps… Source link
Read More »Fed easy monetary policy means it's time for active management: Mohamed El-Erian – Yahoo Finance
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link
Read More »Google Says It Wants A Privacy First Web, Here’s What That Really Means
This week, Google moved to end the third party cookie as it hailed the shift to a “privacy first” web. But with rivals such as Apple using privacy as a unique selling point, what does that really mean? This week, Google moved to end the third party cookie as it hailed the shift to a “privacy first” … [+] web. Anadolu Agency Google is one of several big tech companies that knows a lot about people—some would say too much. A large amount of… Source link
Read More »What Google’s latest cookie news means for top ad-tech stocks
Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019. Brandon Wade | Reuters Analysts sounded off on Google‘s latest guidance on its promise to not use technologies that track people individually across the internet. Some analysts said their views haven’t changed. But BMO downgraded one ad tech stock, noting it’s “too hot in the kitchen.” Google said in a blog post… Source link
Read More »Why Australia has taken on Google and what this means for the future of the internet
SYDNEY — A showdown between the Australian government and Google is approaching a conclusion, with the outcome likely to have effects across the globe. In December, the government became the first in the world to introduce legislation that would force tech giants to pay local news outlets for featuring and linking to their stories. Google balked, warning that the proposed news media bargaining code would “break a fundamental principle of how the web works” and threatened to pull its… Source link
Read More »New Ford, Google deal means big tech upgrades for drivers: What to know
Ford Motor Co. and Google announced a strategic partnership on Monday that’s meant to more quickly modernize the 117-year-old automaker in unique ways and more aggressively use data to drive revenue and improve customer experience. Ford will start exploring this year the use of technology to provide oversight and quality control of factory robotics as well as additional training of UAW members on the plant floors, while Ford and Lincoln customers will start seeing new driver… Source link
Read More »How Corey Kluber deal happened, and what it means for Yankees’ rotation
Corey Kluber in blue Rangers jersey strides to the plate After a winter of unfulfilled need, the Yankees struck quickly on Friday to bolster their starting rotation, agreeing to terms with Corey Kluber soon after finalizing their deal with D.J. LeMahieu. Assuming Kluber passes his physical, the team’s rotation is likely set. After paying LeMahieu $15 million and Kluber $11 million, the Yanks are just a few million under a $210 luxury tax threshold that they do not plan to exceed. According to… Source link
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