Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck’s shatterproof windows, along comes AI Day 2021 – a day that we’re certain is going to live in Tesla-infamy for one reason or another. Naturally, having solved the issues of making cars profitably and achieving the company’s goal of 1 million robotaxis on the road, Tesla took yesterday’s event as an opportunity to reveal their next game-changing product that doesn’t exist, a… Source link
Read More »Google Health chief leaves to become CEO of health tech company Cerner – Fortune
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Read More »IRS sends $15 billion in second round of Child Tax Credit payments amid tech issues
The Internal Revenue Service sent the second set of monthly Child Tax Credit payments to families of nearly 61 million children — worth $15 billion — this week. But some recipients may face delays, getting their payments in the mail instead of by direct deposit due to a technical glitch. “Today 61 million children across America are benefiting from the advance Child Tax Credit, helping families put food on the table and meet the needs of the next generation,” Deputy Treasury Secretary… Source link
Read More »Google becomes latest tech firm to delay reopening as Delta variant spreads | Google
Google has backtracked on plans to welcome most workers back to its sprawling campus in September, becoming the latest Silicon Valley company to delay reopening amid a surge in Covid cases. The company announced Wednesday it is postponing a return to the office until mid-October and rolling out a policy that will eventually require everyone who returns in person to be vaccinated. The decision sees Google join Apple and Netflix in postponing calling employees back to the office due to concerns… Source link
Read More »Google to require workers get vaccinated, a first for big tech
In a note to employees announcing the changes, Google CEO Sundar Pichai said the company has seen high vaccination rates for Google employees so far, which is why it is comfortable bringing workers back into the office. Currently, there are some early volunteers who are already working at various Google campuses. Workers will have to start reporting back to the office on Oct. 18. Source link
Read More »China’s Big Tech crackdown is about protecting the Communist Party
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 China is relentlessly cracking down on tech giants ranging from ride-sharing firm Didi (DIDI) to internet giant Tencent and Alibaba (BABA) affiliate Ant Financial Group. Along the way, billions of dollars have been washed away, as Chinese stocks tank amid concerns that what were once easy growth… Source link
Read More »Stock futures extend losses as investors digest tech earnings, await Fed
Stock futures added to losses in late trading on Tuesday, with investors digesting a slew of Big Tech earnings results and looking ahead to another set of reports on Wednesday. A monetary policy statement from the Federal Reserve is also slated for release. Contracts on the S&P 500 dipped about 0.25% at the start of the overnight session. The index, as well as the Dow and Nasdaq, pulled back from record levels during the regular trading day. Shares of Apple (AAPL) and Microsoft (MSFT) fell… Source link
Read More »US STOCKS-Nasdaq set for worst day in 2 months before big tech earnings
* Apple, Microsoft and Google set to report results * GE rises on strong cash flow position * Chinese stocks extend declines * Indexes down: Dow 0.63%, S&P 1.00%, Nasdaq 2.07% (Updates comment, prices) By Ambar Warrick July 27 (Reuters) – U.S. stock indexes retreated from record highs on Tuesday, with the Nasdaq tumbling as much as 2.1% as caution kicked in ahead of earnings reports from some of the most valuable technology companies on Wall Street. Apple, Microsoft, Amazon and Google-parent… Source link
Read More »Stock futures drift sideways as investors await tech earnings
Stock futures opened little changed Monday evening on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday. Contracts on the S&P 500 drifted after the blue-chip index eked out a record closing and intraday high during the regular trading day. The Dow and Nasdaq also closed at records and moved sideways in late trading. On Tuesday, investors are set to receive quarterly earnings results from… Source link
Read More »Major GOP tech critics sought funding from Google
Davis acknowledged in a statement to POLITICO that Google’s outside attorneys were among the “many law firms, lobby shops, corporations and other entities” he spoke to after leaving the Senate Judiciary Committee, where he had been chief counsel for nominations to Chair Chuck Grassley (R-Iowa) until 2019. But Davis added: “It didn’t go anywhere. And that was back before we knew how bad Google really was.” “Thank God I didn’t work with Google,” he said. “I dodged a… Source link
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