Roblox shares are getting whooped in the real world on Wednesday after disappointing earnings. Shares of the gaming giant crashed 20% to $58 in pre-market trading — bringing the stock below its $64.50 direct listing price from March 2021 —as analysts voiced their concerns. with the company’s quarter. The Roblox ticker page was the most visited on Yahoo Finance. “Once stuck-inside kids and teens are now spending weekdays off their devices and out in the real world. The big picture… Source link
Read More »U.S. is now the ‘Bitcoin mining capital of the world:’ GEM Mining CEO
China made headlines in 2021 when it first banned all domestic cryptocurrency mining in June and then outlawed cryptocurrencies completely in September. Following Beijing’s decision, questions remained as to where large scale mining companies would move their operations to next, with China being responsible for much of their world’s mining activity up until the crackdown. GEM Mining CEO John Warren believes that the U.S. has been able to fill the vacuum left by the Chinese pullout of the… Source link
Read More »Sports world mourns the loss of Hall of Famer John Madden
ABC News Harry Reid, the former 5-term US senator from Nevada, has died at 82 following cancer battle Harry Mason Reid, the former five-term U.S. senator from Nevada who led Senate Democrats for a decade spanning the Bush and Obama presidencies, died Tuesday, his wife, Landra Reid, confirmed in a statement. Harry was deeply touched to see his decades of service to Nevada honored in recent weeks with the re-naming of Las Vegas’ airport in his honor. Landra Reid thanked the doctors and nurses… Source link
Read More »Walmart’s former secret weapon Marc Lore is trying to change the world
Full stop, Jet.com founder and former Walmart U.S. e-commerce wizard Marc Lore is trying to shake up the world. And that’s where Yahoo Finance found Lore on a recent Wednesday afternoon, somewhere between executing on big, bold new ideas (food delivery startup Wonder plus city of the future Telosa), mapping out a vision for basketball teams Minnesota Timberwolves and Minnesota Lynx (which he now partly owns with former baseball star Alex Rodriguez) and having a little fun on Twitter… Source link
Read More »Yandex N : joins the Dow Jones Sustainability World Index for the first time
Internet, December 9, 2021. Yandex has become a constituent of the Dow Jones Sustainability World Index. Yandex performed among the top 5% of companies (the 96 percentile) in the Interactive Media, Services & Home Entertainment (IMS) industry, while the scores for the Social Dimension placed the company among the top 1% of the peer universe. S&P Global experts particularly acknowledged Yandex’s HR practices, approaches to employee motivation and… Source link
Read More »Google Doodle celebrates pizza from around the world
You may have sliced a few pizzas on Monday’s Google Doodle, which features versions of the culinary favorite from all over the world. Google’s interactive Doodle allows you to slice pizza using your cursor, with certain rules about the number of slices you get and the toppings that need to go on each slice. The pizzas represent cultures from all over the world, including Italy, Argentina, Canada, Hungary, Japan, Thailand, India and Brazil. Why are we celebrating pizza on Dec. 6? On the… Source link
Read More »Disney World puts COVID-19 vaccination mandate policy on hold
By Anirudh Saligrama (Reuters) – Disney World near Orlando, Florida, operated by Walt Disney Co, has put its COVID-19 vaccination mandate on hold, a spokesperson said on Saturday. The move comes amid the Biden administration’s workplace COVID-19 vaccine rule, which requires businesses with at least 100 employees to require staff get vaccinated against COVID-19 or be tested weekly and wear a face covering at work. Local TV station Fox 35 was first to report the news, citing a cast member at the… Source link
Read More »Mark Zuckerberg’s metaverse could fracture the world as we know it — letting people ‘reality block’ things they disagree with and making polarization even worse
Facebook CEO Mark Zuckerberg shows off his vision for the metaverse during Facebook’s Oculus Connect conference on October 28, 2021.Facebook/Handout via REUTERS The so-called metaverse could give us our own virtual echo chambers and tailored realities. Advertisers and third parties could inject someone’s virtual world with ads and overlays unique to them. Experts told Insider the result could be a fractured reality where we all exist in different worlds. In the metaverse of the future, two… Source link
Read More »The metaverse will be ‘much, much bigger than the physical world’
The metaverse has seemingly just begun to be built, and one tech industry giant says it will surpass the physical world. Ever since Facebook renamed itself Meta, talk of the metaverse has been everywhere. But companies like Nvidia have already been working on their own virtual worlds. And founder and CEO Jensen Huang has an expansive vision for the technology, and Nvidia’s place in it. “It is a 3D extension of the internet that is going to be much, much bigger than the 3D physical world… Source link
Read More »It’s bizarro world in the auto industry, again
It’s not just Tesla. Electric-vehicle startup Rivian (RIVN) has roared into public markets with a killer public offering and a market value of $116 billion. That’s 32% more than General Motors (GM) is worth, and 47% more than Ford (F). Rivian has never sold a vehicle until this year. GM sells around 7 million vehicles per year; Ford, 4 million. If you add up the market value of Tesla (TSLA), Rivian, and 5 other startups including Lucid (LCID), Nikola (NKLA), Fisker (FSR), Lordstown Motors… Source link
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