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Google announced its plans to transition users of its consumer file syncing desktop service, Backup and Sync, onto a new unified app that both consumers and business clients can use called Drive for desktop. Google plans to start onboarding users next week on July 19th, 2021, and encourages people who used Backup and Sync to make the switch by the end of September, before getting locked out on October 1st. Backup and Sync users will have to transition to the new app (a renamed version of… Source link

By Medha Singh and Saqib Iqbal Ahmed (Reuters) – A near-record dollar amount of single stock equity options -totaling $818 billion – is set to expire at the close of trading on Friday afternoon, potentially driving sharp moves in some stocks throughout the day, Goldman Sachs analysts wrote. A recent surge in interest in options trading, fueled in part by droves of retail traders looking to place wagers on the swings in so-called meme stocks such as GameStop Corp and AMC Entertainment Holdings,… Source link

Last month’s oil pipeline ransomware incident that spurred fuel shortages/hoarding and a $4.4 payout to the attackers has apparently been traced back to an unused but still active VPN login. Mandiant exec Charles Carmakal told Bloomberg that their analysis of the attack found that the suspicious activity on Colonial Pipeline’s network started April 29th. While they couldn’t confirm exactly how the attackers got the login, there apparently isn’t any evidence of phishing techniques,… Source link

Rep. Lauren Boebert on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams/CQ-Roll Call, Inc via Getty Images Rep. Lauren Boebert falsely claimed Texas hasn’t recorded a single COVID-19 death in two months. “Since removing the mask mandate …Texas has not reported a single COVID death,” she claimed. Data shows 3,600 Texans lost their lives to the virus since March 2, the day restrictions were lifted. See more stories on Insider’s business page. Rep. Lauren Boebert of Colorado… Source link

Federal Reserve officials are reiterating that single data points will not sway the central bank’s patience on its easy money policies. Inflation data on Wednesday morning showed consumer prices increasing at the fastest rates in over 10 years. But Fed Vice Chairman Richard Clarida said later in the morning that he was “surprised” by the reading but unmoved from a policy perspective. “This is one data point, as was the labor market report,” Clarida said, referencing the Source link

National Review Private School Head Admits ‘Anti-racist’ Curriculum Is ‘Demonizing White People for Being Born’ The head of a New York City private school that has been accused of indoctrinating students with progressive politics and “anti-racist” orthodoxy privately acknowledged that the school is guilty of “demonizing white people for being born,” according to audio from a conversation he had with a whistleblower teacher. George Davison, the head of Grace Church School in… Source link

TipRanks JPMorgan Says These 2 Stocks Could Surge Over 80% After a volatile first quarter, Q2 has kicked off in style, and the major indexes sit at – or hover near – all-time highs. The government bond market has also been steadying as yields have pulled back after rising higher earlier in the year, soothing investor fears that inflation could get out of hand. Moreover, the economic recovery seems to be gathering steam at a faster pace than anticipated. “We had been expecting the data to… Source link

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is no longer the world’s richest person, according to Bloomberg Billionaires Index. What Happened: Musk was replaced by Amazon.com, Inc (NASDAQ: AMZN) CEO Jeff Bezos as the richest person on the list after Tesla shares fell 8.6% on Monday eroding $15.2 billion from his net wealth, according to Bloomberg. A tweet by Musk over the weekend which touched on the high valuation of Bitcoin (BTC) and Ethereum (ETH) furthered the entrepreneur’s decline in… Source link

Wednesday, February 17, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe How a global chip shortage is disrupting multiple industries — and how to fix it The pandemic has created a global semiconductor shortage that’s disrupted industries ranging from cars to consumer electronics. The easy fix, you’d think, is for manufacturers to… Source link

Lots of people have multiple Google Home and Nest smart speakers in their houses, and the Google Home app’s new media controls help keep them organized. Dale… Source link