Tag Archives: reveals

Yandex.Market wants to grow its fashion category from one percent to 20 percent of total GMV. Shutterstock Although Yandex backed out of a deal to buy fashion e-tailer KupiVip in July, the tech giant hasn’t given up on the fashion segment, announcing earlier this week at its Yandex Fashion Day conference that its own Yandex.Market platform would be doubling down on fashion category… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… Source link

Federal data reveals that despite the interest-free payment pause allowing borrowers to find some breathing room during the pandemic, two-thirds of nearly 430,000 student loan borrowers were still “underwater” — meaning that they still haven’t been able to make a dent on their original balance. The data, obtained from the Education Department (ED) by the Center for Responsible Lending and the National Consumer Law Center (NCLC) through a freedom of information request (FOIA) and provided to… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, August 12, 2021 But other signs emerge of inflation sticking around In a July press conference, Federal Reserve Chair Jerome Powell was asked to define this summer’s biggest buzzword in markets: transitory.  “The concept of transitory is really this: It is that the increases will happen,” Powell said. “We’re not saying they will reverse…. Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Extra Crunch for August 5, 2021. What goes up must come down. Mostly. That’s the lesson from Robinhood’s stock this week. It shot higher yesterday. And today it fell sharply. Something something stonks. Regardless, we have big news from Apple, Facebook, a host of startups and even some drones for you today. A… Source link

MacKenzie Scott, philanthropist and former wife of billionaire and Amazon (AMZN) CEO Jeff Bezos, announced on Tuesday that she donated another $2.74 billion to charity.  Scott has donated a total of $8.5 billion since July 2020. “Me, Dan [Jewett, Scott’s new husband], a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote in a Medium post titled ‘Seeding by Ceding’…. Source link

A radical new function appears to be coming to Google Pixel smartphones in the next few days. Google’s Pixel 5 flagship smartphone © 2020 Bloomberg Finance LP MORE FROM FORBESSamsung Confirms Serious Galaxy S21 ProblemBy Paul Monckton Google is likely to deliver an impressive new Astrophotography timelapse camera mode in its next Pixel update, according to a new report. Pixel 3 phones and newer already provide an impressive Astrophotography mode that lets your… Source link

Chris Rock spoke to Insider in an interview about his former divorce lawyer, who is now representing Melinda Gates. Gilbert Carrasquillo/FilmMagic Chris Rock opened up about his experience with famed divorce lawyer Robert Stephan Cohen. Cohen is currently representing Melinda Gates, who could land the largest-ever divorce settlement. Rock said Cohen once told him the bitterest divorce disputes only amount to a fraction of what’s at stake. See more stories on Insider’s business page. In the worst… Source link

Google Workspace VP and general manager Javier Soltero discusses the impact of Google’s technology on the future of remote work. An ongoing lawsuit against Google by the Arizona attorney general’s office, which alleges that the tech behemoth has continued to collect location information even when users had turned tracking off, has revealed that some of Google’s own employees had concerns about the company’s practices after a news report detailing the controversy was published. “The… Source link

Google has made it much easier to keep control of your Google Photos storage, just in time for the promised change in storage policy. Google Photos adds an essential new feature. GOOGLE MORE FROM FORBESSurprise Google Photos Upgrade Turns Still Photos Into VideoBy Paul Monckton In a new official blog post, Google clarifies what users can expect to happen when the free high-quality storage tier finally comes to an end on June 1. More importantly, the service introduces a… Source link