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Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website. A preliminary settlement was filed late on Monday in San Francisco federal court after more than a year of mediation, and requires approval by U.S. District Judge Trina Thompson. It resolves claims that Google learned by March 2018 about a three-year software glitch that exposed Google+ users' personal data, yet concealed the problem for months while publicly stressing its commitment to data security...
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Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website. A preliminary settlement was filed late on Monday in San Francisco federal court after more than a year of mediation, and requires a judge's approval. It resolves claims that Google learned by March 2018 about a three-year software glitch that exposed Google+ users' personal data, yet concealed the problem for months while publicly stressing its commitment to data security...
Continue ReadingArk Invest expects Tesla to be trading at $2,000 per share by 2027...
Continue ReadingMicrosoft and H&R Block partnered to develop the accounting firm's AI Tax Assist tool, which leverages generative AI to help do-it-yourself tax filers prepare their returns...
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(Bloomberg) -- Verily, Alphabet Inc.’s life sciences unit, hired veteran health technology executive Myoung Cha as chief product officer to help lead strategy as the company ramps up efforts to expand its business. Most Read from BloombergXi to Discuss China Stocks With Regulators as Rescue Bets BuildKing Charles Treated for Cancer in New Royal Health ScareTrump Denied Immunity in DC Election Case by Appeals CourtWall Street Snubs China for India in a Historic Markets ShiftWhy NYC Apartment Buil...
Continue ReadingWithin the past 5 days, Meta (META) shares have risen over 14% after beating Wall Street estimates in its fourth quarter, posting $40.11 billion in revenue versus an expected $39.18 billion expected. As Wall Street continues to focus on AI and tech leaders, many investors question who will be the top players in the space. Raymond James Managing Director Josh Beck joins Yahoo Finance to discuss why Meta's performance and investments in AI will make them a top leader in the space. Beck explains his bullish call on Meta when it comes to AI: "They're a little bit of [an] unsung hero, I would say. When people think of AI, I think they think of Nvidia (NVDA), they think of Microsoft (MSFT), rightfully so, both companies have done really well. What I think has gone unnoticed is really some of the incremental monetization opportunities in advertising..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue ReadingTesla is one of the most talked about stocks in the market today, and it's understandable that investors are interested in the EV pioneer...
Continue ReadingAlphabet has been left out of the Big Tech earnings party over the past week after its advertising outlook disappointed. The Google parent is searching for levers to please investors, and signing up a partner for its fiber-cable business could be one handy tool...
Continue ReadingHertz (HTZ) shares are trending on Yahoo Finance after reporting a wider-than-expected loss for the fourth quarter. The rental car company's results were hit by its decision to sell off part of its fleet of Tesla (TSLA) vehicles. Hertz is now looking at ways it can cut costs in the coming months. Shares of GE HealthCare (GEHC) are moving higher after posting better-than-expected fourth quarter results and despite guidance that was a little softer than expected. Cisco (CSCO) shares are on the move after it was announced that its teaming up with Nvidia (NVDA) to launch enterprise network and infrastructure solutions that will help entities bolster their AI initiatives. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich...
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