Yet while these cameras have made it possible for Google to capture many far-flung places, they tend to be bulky, heavy, and require a bunch of computing power that has to be added on inside Street View cars. On Tuesday, Google unveiled a new Street View camera it thinks will make it a lot easier to take pictures of the world, particularly in remote spots such as small islands and mountain tops. The camera weighs 15 pounds (about a tenth the weight of the current camera plus all the… Source link
Read More »Google Maps’ historical Street View imagery comes to mobile
Google Maps’ Street View feature is getting a couple of upgrades to celebrate the service’s 15th anniversary, the search giant announced today. The first is a new feature coming to its iOS and Android apps that’ll display historical Street View imagery on your phone. The second is a new, more portable camera that Google hopes will make it easier for it to capture Street View imagery in the future. Since 2014, it’s been possible to use Street View to see how a place has changed… Source link
Read More »Cisco Shortfall Jolts Wall Street as Lockdowns Roil Supply
(Bloomberg) — Cisco Systems Inc. spooked investors with a warning that Chinese lockdowns and other supply disruptions would wipe out sales growth in the current quarter, renewing broader concerns about tech spending in a shaky economy. Most Read from Bloomberg The outlook sent Cisco shares down as much as 19% in late trading and weighed on stocks of other networking companies, dealing a fresh blow to an already-battered sector. Even before Cisco’s latest plunge, its stock was down 24% this… Source link
Read More »Goldman Sachs pushed staff to return to the office. Now the Wall Street bank is giving executives unlimited time off
Goldman Sachs emerged as one of the strongest advocates of a post-pandemic return to the office this year, but the fight for talent could be forcing the investment bank to reverse course and offer employees more time away from their desks instead. In an internal memo seen by the Financial Times, the investment bank said it would offer junior staff a minimum of two extra days off each year. But senior staff will get an even bigger perk—one more commonly associated with Silicon Valley than… Source link
Read More »Amazon, Google close out their worst months on Wall Street since 2008
Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers during the pandemic. Amazon tumbled 23.8% in April, its biggest decline since falling 25.4% in November 2008, the same month… Source link
Read More »Wall Street top execs are growingly embracing blockchain
War in Ukraine, raging inflation and a clouded economic outlook were top of mind for executives at financial firms last week as they recapped an underwhelming quarter on Wall Street in their post-earnings calls with investors. But another widely-cited topic in those conferences went largely under the radar: heavy talk of imminent blockchain plans from some of the industry’s biggest firms. BlackRock (BLK), JPMorgan Chase (JPM) and Goldman Sachs (GS) were among the major financial institutions… Source link
Read More »‘Wolf of Wall Street’ inspiration Jordan Belfort reportedly charged $40,000 for a 2-day crypto workshop at his Miami estate — three years after he called Bitcoin a ‘mass delusion’
Jordan Belfort attends the premiere party for “The Wolf of Wall Street” at the Roseland Ballroom in New York.Evan Agostini/Invision/AP Jordan Belfort, the real-life “Wolf of Wall Street,” is now marketing himself as a crypto mastermind. Last week, he hosted a $40,000 cryptocurrency workshop at his Miami estate, NYT reported Friday. Three years ago, the former stockbroker and convicted felon said Bitcoin was a “mass delusion.” Jordan Belfort, the real-life inspiration behind “The Wolf of Wall… Source link
Read More »Wall Street is predicting a 2023 recession. Here are the red flags you should know about
The U.S. economy added nearly half a million jobs in March. The Dow Jones industrial average is within 6% of its record high. And U.S. households accumulated roughly $2.5 trillion in excess savings throughout the pandemic. Still, despite all the good news, predictions of an impending recession are widespread on Wall Street. Billionaire investors, former Federal Reserve officials, and now even investment banks have repeatedly warned that the economy may hit a wall in 2023. What’s driving the… Source link
Read More »Rite Aid stock crashes 20% after Wall Street analyst suggests retailer could go out of business
Rite Aid’s (RAD) outlook is a hot mess — so hot the company may not be in business much longer. At least that’s the word from Deutsche Bank analyst George Hill, who issued a damning downgrade of the struggling retailer on Thursday. Hill slashed his rating on Rite Aid to Sell and slapped the stock with a $1 price target. Most worrisome — at least if one still owns Rite Aid’s stock — is that Hill suggests Rite Aid may go under. “We see a likely risk that the company provides guidance next… Source link
Read More »Bank of America will be biggest winner from Main Street banking boom: analyst
Main Street banking is poised to see the best growth since the 1980s, when Madonna and Michael Jackson were on MTV, Ronald Reagan was in office, and everyone had long hair and wore neon attire. And Bank of America (BAC) will be the biggest winner. That’s according to Wells Fargo analyst Mike Mayo, who told Yahoo Finance Live on Thursday that traditional banking revenue will grow the same way it did in the 1980s, creating a boom for the industry in the next three years. Moreover, BofA stands… Source link
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