Facebook CEO Mark Zuckerberg announces the company’s future plans for the metaverse during the company’s Connect keynote. (Image: Facebook) 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 Wednesday, December 1, 2021 Big Tech wants to sell you on the metaverse, but don’t hold your breath If there’s one buzzword the tech world couldn’t stop… Source link
Read More »Why tax increases in 2021 could make make it harder to balance the budget in coming years
The House of Representatives passed the Build Back Better Act on Nov. 19. Though the bill would implement several tax increases, it’s a far cry from Democrats’ initial ambitions for raising revenue through taxes. On the campaign trail Joe Biden vowed to raise the corporate income tax rate to 28% from 21%. In the end, the bill contains a less aggressive 15% corporate minimum tax. Likewise on individual taxes: Lawmakers floated several ideas, including raising the top individual tax rate to… Source link
Read More »‘I’ve never quite seen it this bad’ in 30 years, analyst says
Supply chain woes continue to paint an increasingly bleak the picture for the trucking industry, said Jason Seidl, Cowen managing director of industrials — airfreight and surface transportation. Finding workers to drive trucks has increasingly been an issue in the industry, according to Seidl. “Clearly, we’ve had some problems hiring truckers lately,” he said in a segment with Yahoo Finance Live on Wednesday. “I’ve been around the trucking industry almost 30 years, and I’ve never… Source link
Read More »Hidden Google map has tracked your movements for years – here’s how to turn it off
Google may have a hidden map that tracks everywhere you’ve been. The tracker highlights your real-world movements for millions of users — but can be turned off, if you know how. It’s possible that Google is tracking your movements without you even realizing you’ve signed up for it. This is all linked to a system called Google Location History. It’s an account-wide service that logs your movements by using your smartphone. For it to work to its maximum… Source link
Read More »Google Pixel 6 leak teases Magic Eraser feature, plus five years of Android security updates
New leaks from a marketing site appear to confirm that the camera for the Pixel 6 will have a new Magic Eraser feature, and the devices will apparently get five years of Android security updates (h/t 9to5 Google) According to reliable leaker Evan Blass, the Carphone Warehouse website was showing images of Google marketing materials for the Pixel 6 and Pixel 6 Pro (the images have since been taken down, but you can view the earlier versions of the Carphone Warehouse pages on the Wayback… Source link
Read More »Google to invest $1 billion in Africa over five years
LAGOS, Oct 6 (Reuters) – Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital transformation, it said on Wednesday. The unit of U.S. tech company Alphabet Inc (GOOGL.O) made the announcement at a virtual event where it launched an Africa Investment Fund, through which it will invest $50 million in startups, providing them with access to its employees, network and… Source link
Read More »Investors in Yandex (NASDAQ:YNDX) have made a stellar return of 267% over the past five years
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. One great example is Yandex N.V. (NASDAQ:YNDX) which saw its share price drive 267% higher over five years. And in the last month, the share price has gained 17%. We note that Yandex reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company… Source link
Read More »Google workers demand back pay for temps company underpaid for years | Google
Google employees and subcontracted workers are demanding that the company pay back wages to temporary workers, following a Guardian report that revealed Google had knowingly and illegally underpaid thousands of temps for years. More than 140 workers have signed a petition addressed to Google executives calling on the company to “immediately pay back all Temps, Vendors and Contractors (TVCs) who have been knowingly underpaid by Google” and to “create an immediate path to permanent… Source link
Read More »Best Western’s David Kong to retire as CEO after 17 years
BWH Hotel Group announced Monday that President and CEO David Kong will be retiring at the end of the year. His successor will be announced at the company’s Annual Convention on Oct. 7. The longest serving CEO of any major hotel company, Kong transformed Best Western over his 17-year tenure, growing the company from one brand to 18, covering nearly every segment of the industry, with 4,500 hotels in 100 countries. He leaves as the hospitality sector faces a rocky recovery from the COVID-19… Source link
Read More »Google may have underpaid contractors for years
Google realized late last year that it may have been underpaying thousands of temporary workers around the world, but opted to initially change its pay structure only for newly hired temps, according to a pair of reports. Why it matters: The revelation comes amid growing workplace activism at Google, including the formation of a minority union that advocates for temporary and contract workers along with full-time employees. Driving the news: The New York Times and The Guardian both reported on… Source link
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