Google says “it’s time” to now bring its mysterious Fuchsia operating system to “additional smart devices and other form factors” beyond smart displays, according to a number of job listings first spotted by 9to5Google. Fuchsia is Google’s newest operating system which was released earlier this year for the company’s first-generation Nest Hub. There’s been a lot of speculation about Google’s plans for Fuchsia, which unlike Android and Chrome OS doesn’t use a Linux… Source link
Read More »Biden’s plans to cool Trump’s trade war with China
On paper, the Biden administration is keeping in place the tariffs on imports and other protectionist measures Donald Trump imposed on China during his one-term presidency. But Biden is also hinting at deescalating Trump’s trade war and opening the door to better relations with the world’s second-largest economy—if China does its part. The Biden administration has announced a “new approach” toward China that has much in common with the old approach under Trump. Biden will keep in… Source link
Read More »Google halts plans for Google Pay-based banking service
Google has stopped working on its Plex service, which aimed to let you do your banking through the Google Pay app. The service was supposed to let users sign up for checking or savings accounts offered by a variety of traditional banks that the user would then manage through the app. According to a report by the Wall Street Journal, Google canceled the project due to a series of missed deadlines and because an executive who pushed for the project left the company. Plex wasn’t meant to… Source link
Read More »Google abandons plans to offer Plex bank accounts to users
Google Pay Omar Marques | LightRocket | Getty Images Google is scrapping its plans to offer banking services directly to users. The shift comes nearly two years after the company first announced its banking plans and several months after a key executive leading the project departed. In 2020, Google said it would let users open a bank account through its Google Pay app, in a partnership with Citigroup and Stanford Federal Credit Union beginning in 2021. At the time, Google said it would offer a… Source link
Read More »Apple, Google asked to turn in S.Korea compliance plans by mid-October
SEOUL, Sept 29 (Reuters) – Apple (AAPL.O) and Alphabet’s (GOOGL.O) Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesday. Apple and Google did not have immediate comment. The Korea Communications Commission will soon be drawing up an enforcement ordinance that will accompany the amendment of the country’s… Source link
Read More »Why the Roth 401(k) is ‘the unsung hero’ of retirement plans
One retirement savings vehicle doesn’t get the attention it deserves, according to one financial expert. The Roth 401(k) is “the unsung hero, if you will, of your retirement plan,” Sun Group Wealth Partners Managing Director Winnie Sun recently told Yahoo Finance Live, especially for her clients whose “No. 1 goal” is to have tax-free savings in retirement. A Roth 401(k) is an employee-sponsored retirement plan that allows you to contribute after-tax earnings versus pre-tax earnings in a… Source link
Read More »Google plans to buy New York office building for $2.1 billion
A person in a mask walks by the New York Google offices after they announced they will postpone their reopening in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Google plans to buy a New York City office building for $2.1 billion, even as most of its workforce remains remote, the company announced Tuesday. The purchase is the the most expensive for any single U.S. office… Source link
Read More »Google reportedly plans to add free channels to its smart TV platform – TechCrunch
Chromecasts and other devices powered by Google TV might give users access to free television channels in the future. According to Protocol, Google has been in talks with free, ad-supported streaming television providers about the possibility of adding their channels to its smart TV platform. Those channels typically have a similar feel to traditional TV, and its shows will be interrupted by commercial breaks. Protocol says Chromecast users might be able to browse… Source link
Read More »Most retirement plans haven’t been tapped despite pandemic: ICI
In spite of the economic and financial stresses brought on by the pandemic, most Americans have not taken any withdrawals from their defined contribution (DC) retirement plans. The vast majority of U.S. retirement savers have continued to make contributions to their plans throughout the pandemic, according to a recent Investment Company Institute (ICI) report. “Despite the economic challenges over the past year and a half, retirement savers show deep commitment to preserving their… Source link
Read More »How the August jobs report changes the Fed’s plans
The August jobs report added just a third of the jobs expected, changing the expectations for the Fed’s future moves. Economists agree that the rising specter of the Delta variant over the economy is responsible for the slowdown in jobs numbers. Though demand for labor is still strong, the changes in the economy’s trajectory make it “unlikely” the Fed will announce a taper at the September meeting, Bank of America analysts wrote in a note Friday. A taper is when the Fed slows down its… Source link
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