A group of activists has occupied the multimillion-dollar Amsterdam home of the EU-sanctioned Russian tech tycoon Arkady Volozh, Dutch media reported Monday. Volozh, 58, is the co-founder and former CEO of tech giant Yandex, Russia’s equivalent of Google. He stepped down in June after the European Union sanctioned him in its response to Moscow’s invasion of Ukraine. The Dutch daily NRC and weekly De Groene Amsterdammer reported in early October that Volozh was the owner of a… Source link
Read More »Alphabet, Google’s Parent Company, Reports 27% Drop in Profit
Even Alphabet, the parent company of Google and one of the internet’s most entrenched businesses, was not immune to the punishing blows of the global economy and a sharp slowdown in the online advertising that is essential to the company’s profits. Alphabet on Tuesday reported a net profit of $13.9 billion in the third quarter, down 27 percent from a year earlier, while revenue climbed 6 percent to $69.1 billion. The earnings fell short of analysts’ estimates of $16.9 billion in profit… Source link
Read More »Automaker reports strong Q3 profit, reaffirms guidance in ‘major step’ for Detroit stalwart
General Motors (GM) reported profit jumped in the third quarter, driven by record revenue and robust demand. For the quarter, GM reported revenue of $41.89 billion, just slightly below analyst expectations of $42.37 billion, but still a record amount for the automaker. GM’s adjusted third quarter EPS came in at $2.25, well ahead of expectations of $1.89, with adjusted net income jumping nearly 50% to $4.3 billion. What has surprised some on the Street is GM reaffirming its full-year EBIT… Source link
Read More »Stock futures waver amid earnings reports from financial heavyweights
U.S. stocks erased gains Friday as Wall Street’s biggest banks reported earnings and investors digested more inflation expectations. The S&P 500 (^GSPC) fell 1.7%, while the Dow Jones Industrial Average (^DJI) was down nearly 1%. The technology-heavy Nasdaq Composite (^IXIC) fell by 2%. Stocks turned sharply lower as a consumer survey from the University of Michigan showed inflation expectations increasing, marking the highest level in six months. “The uptick in inflation expectations probably… Source link
Read More »Elon Musk is receiving weekly reports detailing how many Tesla employees are staying away from the office
Elon Musk has expressed his dislike for remote work in the past.Maja Hitij/Getty Images Elon Musk and other Tesla executives receive weekly reports on employees’ office attendance. Tesla employees told CNBC that the reports were based on data from workers scanning badges at facilities. Employees have also complained that Tesla facilities are not able to properly accommodate office work. Elon Musk and other senior executives at Tesla are receiving weekly reports monitoring employees’ office… Source link
Read More »Google considers making some Pixel phones in India, The Information reports
Google Pixel phones are seen on display at the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register Sept 12 (Reuters) – Alphabet Inc (GOOGL.O) is considering moving some production of Pixel phones to India following disruptions in China from COVID-19 lockdowns and Beijing’s rising tensions with the United States, the Information reported on Monday, citing a source. Alphabet,… Source link
Read More »Google PageSpeed Insights Reports: A Technical Guide
Nothing is more frustrating than a slow website. Slow load times disrupt the overall user experience and have negative impacts on the conversion potential of your landing pages. From an SEO perspective, Google is less likely to promote webpages that take too long to load. Yes, site speed is a ranking factor, so taking the time to improve it can drastically improve your ranking positions. So if you’re ready to go from slow to fast, Google’s PageSpeed Insights Report can help you identify… Source link
Read More »Block reports 34% drop in Cash App bitcoin revenue, takes $36 million charge in Q2
Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on its bitcoin investments. Gross profit in the quarter totaled $1.47 billion against Wall Street expectations for $1.46 billion, while adjusted earnings per share of $0.18 topped estimates for $0.16. Excluding bitcoin, total net revenue in the second quarter was $2.62 billion, up 34% year over… Source link
Read More »Reports of Google Stadia’s death are greatly exaggerated, says Google Stadia
Always trust what you see on Facebook, right? RIP Stadia? More like Stadia’s ripping some troll a new one. Between the ardent fans of Google’s cloud gaming platform and the cynics who just want to see a Goliath admit defeat, there’s no shortage of The Discourse™ happening around it. Of course, there’s talk and then there’s rumor mongering: this week, two random posts from one user in a Stadia fan group on Facebook proclaiming the imminent death of Stadia had gotten some… Source link
Read More »Star Royalties Reports Q1 2022 Financial Results
Toronto, Ontario –News Direct– Star Royalties Ltd. Star Royalties Ltd. May 30, 2022 – TheNewswire – TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR), (OTC:STRFF) is pleased to report its financial results for the quarter ended March 31, 2022. All amounts are in U.S. dollars unless otherwise indicated. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “During the first quarter of 2022, Elk Gold Mine commenced production, while… Source link
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