Getty images The former Google CEO and his wife, Wendy, announce the winners of their nearly year-long global competition to find and fund teenagers committed to changing the world. It’s just the beginning. Aryan Sharma is a promising 16-year-old in India. He’s already founded a couple small companies, one focused on education and another aimed at helping working-class Indians find jobs, but he has bigger ideas for ways to merge artificial intelligence and medicine. The… Source link
Read More »Democrats Back Off Plan to Raise Tax Rates on Corporations, Wealthy
Raising tax rates on corporations and high-income households is a key part of Democrats’ plan to pay for their proposed multi-trillion-dollar social spending plan, but opposition to that approach from Sen. Kyrsten Sinema of Arizona has sent lawmakers scrambling to find alternative ways to offset costs. Given Sinema’s resistance, there’s a growing chance that the corporate income tax rate could remain untouched in the Democratic budget bill. Even the compromise rate of 25% reportedly… Source link
Read More »T-Mobile’s Google partnership now includes an ‘exclusive’ cloud storage plan
T-Mobile and Google have announced they’re offering an “exclusive” plan with 500GB of Google One cloud storage for T-Mobile customers starting October 12th. The plan will cost $5 per month, the latest addition in an ongoing partnership between the search giant and the mobile carrier. Google offers Google One plans in a variety of sizes but, up until this point, didn’t have a 500GB tier, jumping from 200GB for $2.99 per month straight to 2TB for $9.99 per month. Anyone with a… Source link
Read More »Google Is Scrapping Its Plan to Offer Bank Accounts to Users
Google is abandoning plans to pitch bank accounts to its users, marking a retreat from an effort to make the tech giant a bigger name in finance. The Alphabet Inc. GOOG 1.66% unit announced almost two years ago that users of its Google Pay digital wallet would be able to sign up for enhanced checking accounts and debit cards at a handful of financial institutions large and small, including Citigroup Inc. … Source link
Read More »Google’s browser cookies plan anti-competitive, advertisers tell EU
BRUSSELS, Sept 28 (Reuters) – Google’s (GOOGL.O) plan to block a popular web tracking tool called “cookies” is anti-competitive, a group of advertisers, publishers and tech companies said in a complaint to EU antitrust regulators. The grievance could boost the European Commission’s investigation opened in June into Alphabet unit Google’s Privacy Sandbox which the company said could allow businesses to target clusters of consumers without identifying individuals. Google said a year ago that it… Source link
Read More »‘We plan to earn people’s trust’
Facebook (FB) has big plans for expanding in the world of financial services. It wants to become the planet’s preeminent digital wallet and supplant established players like PayPal (PYPL) in the process. The social network’s Novi division will be “a next generation digital wallet” built upon cryptocurrency that will be nothing short of a new “protocol for money on the internet,” according to David Marcus, head of Facebook Financial, who’s taking the lead in launching Novi in the… Source link
Read More »Google One adds a 5TB storage plan for $24.99 per month
After it ended free unlimited storage for Google Photos in June, many Google users had figure out how to store images and other data in the Google accounts. They could keep their Google account stored data under 15GB, or pay for a Google One plan. Options included a 100GB plan for $1.99 per month, a 200GB plan for $2.99 a month, a 2TB plan for $9.99 a month, or a plan with 10TB of storage for $49.99 per month. 20TB and 30TB plans are also available, for $99.99 and $149.99 per month,… Source link
Read More »Manchin is ‘asking exactly the right questions’ on $3.5 trillion budget plan
Senator Joe Manchin (D-WV) threw a monkey wrench into Democratic plans to quickly pass their proposed $3.5 trillion budget plan with an op-ed last week that called for a “pause.” And while the Democratic-led House is “moving at light speed” to pass the legislation, Rep. Kevin Brady (R-TX) said on Yahoo Finance Live (video above), Sen. Manchin — who holds a crucial swing vote in the upper chamber — is “asking exactly the right questions.” Some experts predict that for the bill to… Source link
Read More »Google, Microsoft plan to spend billions on cybersecurity after meeting with Biden
Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting Wednesday. The meeting comes in the wake of several high-profile cyberattacks, including on government software contractor SolarWinds and oil pipeline Colonial Pipeline, that have brought added urgency to such security issues. The commitments range from working toward new industry standards to supplying other businesses with stronger security… Source link
Read More »Final vote delayed for Korea’s plan to ban Google and Apple in-app payment rules – TechCrunch
As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea. South Korea’s parliamentary committee passed on Wednesday (25 August) a landmark bill to prevent Google and Apple from charging software developers’ commissions on in-app purchases, the first of its kind in the world. The final vote by all members of… Source link
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