Tag Archives: unit

(Bloomberg) — Google’s streaming video game service Stadia had ambitious plans to disrupt the gaming industry, which is dominated by consoles. The tech giant had planned to pack Stadia with original content, announcing two years ago that it was hiring hundreds of game developers and starting studios in Los Angeles and Montreal. But those teams barely had time to get started before they were dismissed earlier this month as Google shut down in-house game development. From the beginning,… Source link

(Bloomberg) — A $150 billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets. Counterpoint Global, a unit of Morgan Stanley Investment Management that’s racked up wins in mutual-fund rankings, is exploring whether the cryptocurrency would be a suitable option for its investors, according to people with knowledge of the matter. Moving ahead with investments would require approval by the firm and… Source link

FILE PHOTO: Telecom Italia new logo is seen at the headquarter in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo MILAN (Reuters) – Former Google executive Carlo d’Asaro Biondo has been appointed as Chief executive officer of Telecom Italia’s (TIM) newly-created cloud unit Noovle, Italy’s biggest phone group said on Monday. The creation of the new company is part of the former phone monopoly’s strategy to boost and diversify its revenues,… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

Google’s UK-based artificial intelligence unit DeepMind lost half a billion pounds last year, a similar figure to 2018, and its parent company Alphabet wrote off a further £1.1bn in debt, according to its latest accounts. The figures underline the huge investment that Google continues to make in the London-based AI team that it acquired in 2014 for about £400m, with the most talented machine-learning researchers able to command huge salaries. DeepMind’s revenues,… Source link

YEKATERINBURG, RUSSIA – OCTOBER 30, 2020: A Yandex.Taxi car (C) moves along Lenina Avenue. Donat … [+] Sorokin/TASS (Photo by Donat SorokinTASS via Getty Images) Donat Sorokin/TASS Yandex.Taxi has said that it maintained profitability during the pandemic despite the ride-hailing sector’s deep challenges in the crisis. Aram Sargsyan, Yandex.Taxi’s regional general manager for markets including EMEA and Eurasia, said that the division of the Russian… Source link

You know your company has tremendous market power when an agency is created just to watch you. That’s practically what has happened in the U.K. where the Competition and Markets Authority… Source link

Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019. Bill Clark | CQ-Roll Call, Inc. | Getty Images LONDON —  The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants. The Department for Digital, Culture,… Source link

TipRanks 3 “Strong Buy” Stocks That Tick all the Boxes It’s been said that gridlock is a feature, not a bug, of the US Constitution, and we may be about to find that out. The election results have left some questions to be resolved, but a few things are coming clear: Democrat Joe Biden is the winner of the Presidential race, but down ballot, the Republicans appear to have made important gains. We’re looking at the prospect of divided government – a Biden Administration with a… Source link

Russian internet search engine Yandex has separated its cloud platform Yandex.Cloud into an independent business unit. The decision was taken on the back of the platform’s strong results in 2018-2020. Yandex.Cloud revenues have tripled since the start of the year.  More than 7,000 business customers currently use Yandex.Cloud for business development. The user base includes SMEs, large private companies and state-owned companies working in various segments of economy. Large… Source link