Tag Archives: raises

Netflix (NFLX) stock rose slightly in Friday afternoon trading after the streaming platform raised the price of its subscriptions by $1-2.   Netflix’s basic plan in the U.S. rose by $1 to $9.99 per month. The standard U.S. subscription now costs $15.49 per month, up from $13.99. Netflix’s premium plan in the U.S was increased to $19.99 per month from $17.99. The increase was first reported by Reuters.  The company will report Q4 earnings on January 20. “We understand people have more… Source link

The new year has ushered in a slew of minimum wage increases across the country. A total of 81 states and cities will be raising their minimum wages in 2022, and 44 cities will be increasing theirs to above $15 an hour. “These raises that took effect this week, combined with others scheduled for later this year, are the largest wave of minimum wage raises that we’ve seen,” Paul Sonn, state policy program director at the National Employment Law Project, said on Yahoo Finance Live (video… Source link

Alphabet-owned Google is planning to give hefty raises and stock awards to four of its top executives — just weeks after the tech giant informed employees they should not expect to receive inflation-based pay raises. The four executives — Google CFO Ruth Porat, senior vice president Prabhakar Raghavan, chief business officer Philipp Schindler and chief legal officer Kent Walker — will receive base salaries of $1 million in 2022, up from $650,000, according… Source link

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  In May, following Uber’s acquisition of Postmates, the robotics division of Postmates spun out as an independent company called Serve Robotics. At the time, Serve said it would pursue its vision of deploying fleets of sidewalk delivery robots throughout the country,… Source link

The UK’s data protection watchdog has written to Apple and Google seeking details of how they assess apps to determine the age ratings they apply following concerns raised by an online child safety charity. The move follows the coming into force of the UK’s Age Appropriate Design Code this September — which puts requirements on digital services that are likely to be accessed by children to prioritize protecting their privacy and safety. In a statement today the information… Source link

(Bloomberg) — Soros Fund Management increased its bets on real estate and financial stocks during the last quarter, while the value of its U.S. equity portfolio dipped to less than $5 billion. Most Read from Bloomberg George Soros’s investment firm disclosed new positions in Hill-Rom Holdings Inc., MGM Growth Properties LLC, JPMorgan Chase & Co. and Goldman Sachs Group Inc., according to a regulatory filing Friday. The New York-based firm increased stakes in IHS Markit Ltd. and homebuilder… Source link

Andrew Ng, the founder and CEO of Landing AI. MARK RALSTON | AFP | Getty Images Artificial intelligence pioneer Andrew Ng, the founder of the Google Brain research lab and the former chief scientist of Baidu, has raised $57 million from investors for his start-up, Landing AI, at an undisclosed valuation. Founded in Palo Alto in 2017, Landing AI is focused on bringing artificial intelligence to manufacturing companies. It has developed a computer vision tool that manufacturers can use to create… Source link

A “Google tax” introduced by the coalition government to crack down on multinationals shifting profits overseas has been criticised as a “total failure”, as new documents show it is predicted to raise no money over the next six years. The diverted profits tax, introduced in 2015, was hailed as a pioneering effort to tackle multinationals who were reducing their UK corporation tax by shifting profits overseas. It was predicted by officials that the tax would raise up to £400m a year,… Source link

Russian search giant Yandex this week announced that it has spun out its distributed column-oriented analytic database ClickHouse into its own company. Based in New York City, ClickHouse Inc. also was given $50 million in Series A capital to jumpstart its business. Moscow-based Yandex started developing the ClickHouse database in 2009, and it was put into service several years later the OLAP backend for its Yandex.Metrica Web analytics service. The database’s main advantage was the… Source link

The Galaxy Watch 4 is Samsung and Google’s attempt to combine efforts and compete with Apple’s smartwatch – and it gets about 80% of the way there. The Android smartwatch comes in two designs and four sizes, starting at £249 ($250) for the Watch 4 and £349 ($350) – as tested – for the Watch 4 Classic. They succeed the £269 Watch Active 2 and £399 Watch 3 respectively. The two designs have the same chips, features and screen sizes, but the stainless steel Classic has Samsung’s… Source link