Tag Archives: raises

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

(Bloomberg) — A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said. Anton Posner, chief… Source link

Goldman Sachs is getting more bullish on stocks. The Wall Street firm on Thursday upgraded its year-end price target for the S&P 500 (^GSPC) to 4,700, up from the 4,300 seen previously. That new target would represent an upside of nearly 7% from closing prices on Wednesday, and add to what has already been a more than 17% year-to-date gain for the blue-chip index. Goldman also expects the S&P 500 to close out 2022 at 4,900, raising this from a previous target of 4,600. A combination of… Source link

Pedestrians walk past a sign inviting people to apply for employment at a shop in Boston’s fashionable Newbury Street neighborhood, Monday, July 5, 2021. As the U.S. economy bounds back with unexpected speed from the pandemic recession and customer demand intensifies, high school-age kids are filling jobs that older workers can’t — or won’t. (AP Photo/Steven Senne) Help-wanted signs are up all over the country, and businesses say they can’t get enough workers. But there’s a missing… Source link