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Facebook launches dynamic ads for video streaming platforms

Facebook launches dynamic ads for video streaming platforms

Facebook shares rose on Monday amid the company’s launch of a new ad tool for video streaming platforms like Netflix, Disney and others. Facebook algorithms will offer users social. networks target the content of these…

Money
Treasury Secretary Yellen Calls For Global Minimum Corporate Tax Rate

Treasury Secretary Yellen Calls For Global Minimum Corporate Tax Rate

US Treasury Secretary Janet Yellen is seeking to change tax rules for large US corporations and prevent them from going offshore in order to finance Biden’s $ 2 trillion infrastructure plan. Experts list a list…

Money
Coinbase Reports Gigantic Revenue Growth Ahead Of Direct Listing

Coinbase Reports Gigantic Revenue Growth Ahead Of Direct Listing

Crypto exchange Coinbase reported first quarter 2021 earnings, which were higher than the company’s earnings for all of 2020. Net income rose to $ 730 million – $ 800 million from $ 32 million a…

Money
Intel unveils its flagship 3rd generation Xeon Scalable data center chip

Intel unveils its flagship 3rd generation Xeon Scalable data center chip

Intel on Tuesday unveiled its “new 3rd generation Xeon Scalable” scalable chip that can be used in on-premises servers, edge computing devices, data centers and 5G networks. Intel has shipped over 200,000 of these new…

Money
Amazon ad revenue grows 52% in 2020, taking away Google’s market share

Amazon ad revenue grows 52% in 2020, taking away Google’s market share

Amazon’s digital advertising business in 2020, according to data from eMarketer, grew even more than the company’s e-commerce and cloud computing. Although this Amazon business has a much smaller share of the US digital advertising…

Money
Fed Minutes Show Improved Forecasts While Maintaining Policy

Fed Minutes Show Improved Forecasts While Maintaining Policy

The published March Fed minutes showed an increase in forecasts for the US economy amid massive vaccinations and federal aid. At the same time, the Central Bank said that the policy will be changed only…

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Money
GM aims to reduce the price of batteries for electric vehicles by 50% by 2025

GM aims to reduce the price of batteries for electric vehicles by 50% by 2025

In its quest for a complete transition to electric vehicle production by 2035, General Motors plans to reduce the cost of its most expensive component, the battery. GM enlists the support of partners and aims…

Money
General Motors unveils another electric Hummer

General Motors unveils another electric Hummer

General Motors’ new electric car, the Hummer EV 2024 SUV, was unveiled on Saturday. Unlike the Hummer EV Edition 1 pickup, which will begin shipping in the fall of 2021, the SUV will be less…

Money
Pinterest is in talks to buy VSCO photo editing app

Pinterest is in talks to buy VSCO photo editing app

Pinterest plans to acquire Visual Supply Co., maker of VSCO’s photo-editing app with a young audience, The New York Times reports, citing anonymous sources. Pinterest (PINS) shares rose 5% on Friday amid news of a…

Money
Palantir Receives $ 90 Million Contract From U.S. Nuclear Safety Agency

Palantir Receives $ 90 Million Contract From U.S. Nuclear Safety Agency

Palantir rose 3.7% ahead of trading on Monday amid receiving a 5-year contract worth up to $ 89.9 million from the National Nuclear Safety Administration (NNSA). Palantir (PLTR) today announced that its platform services have…