Tag Archives: Systems

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020.  This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the… Source link

Google Cloud and Oracle servers located in the UK struggled with cooling-related outages Tuesday as the country experienced record-breaking heat that reached as high as 104 degrees Fahrenheit (40 degrees Celsius). Both companies blame temperature for the unexpected shutdowns. On its Google Cloud status page, Google notes it has experienced a “cooling related failure” in one of its UK-based data centers. “This caused a partial failure of capacity in that zone, leading to VM [virtual… Source link

Google will start allowing the developers of non-gaming apps to offer European users alternate payment systems. In a blog post, Google outlines its plans to comply with the Digital Markets Act (or DMA), a piece of legislation aimed at regulating big tech. The DMA passed through the European Parliament earlier this month, but it isn’t expected to go into force until spring 2023. But Google is rolling out the changes ahead of time to make sure that its plans “serve the needs” of… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register BRUSSELS, July 19 (Reuters) – Alphabet (GOOGL.O) unit Google said it will from Tuesday cut fees to 12%, from 15%, for non-gaming app developers on its Google Play App Store which switch to rival payment systems, as it moves to comply with new EU tech rules. The world’s most popular internet search… Source link

The recent report on “Cloud Computing Market” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Cloud Computing Market”. An exhaustive competition analysis that covers insightful data on industry leaders is intended to help… Source link

Google has reached an interim agreement with Match Group, the dating app provider behind Tinder, Hinge, and OkCupid, that will allow its apps to remain on the Google Play Store while offering alternate payment systems, as first reported by The Wall Street Journal. Earlier this month, Match Group filed a complaint against Google, alleging the company “illegally monopolized the market for distributing apps” by requiring app developers to use Google’s billing system and then taking up… Source link

May 20 (Reuters) – Match Group Inc (MTCH.O) said on Friday that Alphabet Inc’s (GOOGL.O) Google will temporarily allow the dating apps maker to offer users a choice in payment systems. Match sued Google earlier in May, calling the action a “last resort” to prevent Tinder and its other apps from being booted off the Google Play store for refusing to share up to 30% of sales. read more The date for the trial is currently set for April 2023. Register now for FREE unlimited access to Reuters.com

Adrian Grenier is bullish on crypto. The “Entourage” actor, who previously said he expects Bitcoin (BTC_USD) to replace fiat currencies like the U.S. dollar, told Yahoo Finance that crypto can “fix a lot of the systems that are broken currently, and are quite wasteful across all industries.” Grenier, a UN Environment Goodwill Ambassador, defended operations like bitcoin mining, which critics say hurts the environment due to its sizable energy draw. “[There’s] a trade off for all things,”… Source link

Google is introducing a pilot to let “a small number of participating developers” offer a payment system in addition to Google Play’s. Spotify will be the first and will use both Google Play’s billing system and its own. “This pilot will help us to increase our understanding of whether and how user choice billing works for users in different countries and for developers of different sizes and categories,” Google’s Sameer Samat said in a blog post. Google plans to share more… Source link

With U.S. stock markets set to open in two hours, First Horizon (FHN) was up 31.7% in pre-market trading, and Elbit Systems (ESLT) was up 11.6%. Nielsen Holdings (NLSN), W. P. Carey Inc. (WPC), and Plug Power (PLUG) were all posting gains of at least 6%. Yandex (YNDX) and Avalara (AVLR) had posted declines, falling 21.3% and 9.9%, respectively. Meanwhile S&P 500 futures were up 1.15% , with futures for the Dow Jones Industrial Average rising 1.02%. The… Source link