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☆ Google delays phase out of tracking tech by nearly 2 years
▼ + stars: | 2021-06-25 | by ( The Associated Press | ) www.nbcnews.com sentiment -0.99 time to read: +2 min

Google will delay by nearly two years the phase out of Chrome web browser technology that tracks users for ad purposes, saying that it needs more time to develop a replacement system. The tech giant on Thursday moved its deadline to remove so-called third-party cookies to late 2023 rather than January 2022 as was initially planned. Third-party cookies are snippets of code that log user info and are used by advertisers to more effectively target their campaigns, thereby helping fund free online content such as newspapers and blogs. However, they’ve also been a longstanding source of privacy concerns because they can be employed to track users across the internet. To resolve the U.K. probe, the company has offered the country’s competition watchdog a role overseeing the cookie phaseout.

Persons: ” Vinay Goel, they’ve, Goel Organizations: Google, Chrome, European Union

☆ EXCLUSIVE-Toyota-backed self-driving startup Pony.ai considers going public
▼ + stars: | 2021-06-25 | by ( Reuters Staff | ) www.reuters.com + 0.00 time to read: +2 min

FREMONT, California, June 25 (Reuters) - Self-driving tech company Pony.ai, backed by Toyota Motor Corp, is considering going public in the United States to help fund its goal of commercializing driverless ride-hailing services, its chief executive told Reuters. “We’re still debating and considering,” said Peng, when asked about the time frame for a public share sale. Earlier this month, it said it had begun driverless testing on public roads in California’s Fremont and Milpitas ahead of the planned launch of a robotaxi service next year. It has also been testing driverless vehicles in Guangzhou, China. He said the next big challenge is to reduce manufacturing costs for driverless vehicles while expanding into more cities and regions and ensuring safety in different environments.

Persons: Motors Co’s, James Peng, ”, Lawrence Steyn, “ We’re, Peng, “ It’s, ” ROBOTAXI, Lou Tiancheng, Hyunjoo Jin, Christopher Cushing Organizations: Toyota Motor Corp, Reuters, Motors, JPMorgan Chase &, Google, Baidu Inc, Toyota Locations: FREMONT, California, United States, China, California’s Fremont, Milpitas, Guangzhou, Irvine , California

☆ Amazon, Google Probed in U.K. Over Fake Reviews
▼ + stars: | 2021-06-25 | by ( Adria Calatayud | Joe Hoppe | ) www.wsj.com sentiment -0.99 time to read: +1 min

com Inc. and Google are doing enough to crack down on fake reviews, adding a new layer to regulatory scrutiny of U.S. tech giants. The move comes amid recent investigations into Silicon Valley’s market power and privacy practices, turning the spotlight to misleading online reviews. The coronavirus pandemic has prompted a shift to online consumption, increasing consumers’ reliance on online reviews to decide on product purchases. The CMA’s decision follows an initial investigation, opened in May 2020, assessing several platforms’ internal systems and processes for spotting and dealing with fake reviews. The work raised concerns that Amazon and Google weren’t doing enough to detect fake and misleading reviews and suspicious behavior, investigate and promptly remove fake reviews, or impose adequate sanctions on reviewers or businesses to deter them.

Organizations: Inc, Google, Markets

☆ Why Los Angeles Times wants to be a 'media platform,' not just a newspaper
▼ + stars: | 2021-06-25 | by ( Brian Stelter | Cnn Business | ) edition.cnn.com + 0.00 time to read: +5 min

That's how Los Angeles Times owner Patrick Soon-Shiong summed up the "cultural vision" that he shares with his new editor Kevin Merida. And compete for people who would not have thought about the LA Times before." The biotech billionaire acquired the LA Times three years ago. The WSJ reported in February that he was "exploring a sale of the Los Angeles Times." Who is the LA Times for?

Persons: Patrick Soon, Shiong, Kevin Merida, hasn't, Merida, I've, HBO Max Organizations: CNN, Los Angeles Times, Times, American, LA Times, Netflix, Google, Facebook, Big Tech, HBO Locations: Merida, California, Asia, Mexico, Canada

☆ EXCLUSIVE Facebook rejects talks with Australia publisher, testing world's toughest online law
▼ + stars: | 2021-06-25 | by ( Byron Kaye | ) www.reuters.com + 0.00 time to read: +5 min

The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. Facebook declined without giving a reason, The Conversation said, even though the publisher was among the first in Australia to secure a similar deal with Google in the lead-up to the law in 2020. In a statement responding to Reuters questions, Facebook's head of news partnerships for Australia, Andrew Hunter, said the company was "focused on concluding commercial deals with a range of Australian publishers". Country Press Australia, a regional newspaper industry group, said it was holding constructive talks with Facebook on behalf about 140 publishers. The ACCC's Sims said the deal pipeline had "gone quieter than I would have envisaged" but urged smaller publishers to be patient.

Persons: Johanna Geron, Andrew Hunter, Hunter, Rod Sims, Sims, Josh Frydenberg, Mark Zuckerberg, Nelson Yap, I'm, Misha Ketchell, Byron Kaye, Kim Coghill Organizations: REUTERS, Facebook, Reuters, Google, Australia, Australian Competition, Consumer Commission, Big Tech, ACCC, News Corp, Australian Broadcasting Corp, Australian Property, Property, Country Press, Thomson Locations: Australia, Country Press Australia

☆ UK regulator opens formal probe into Amazon, Google over fake reviews
▼ + stars: | 2021-06-25 | by ( ) www.reuters.com sentiment -1.00 time to read: +1 min

REUTERS/Shannon Stapleton/File PhotoJune 25 (Reuters) - Britain's competition regulator on Friday opened a formal investigation into Amazon (AMZN.O) and Alphabet Inc's Google (GOOGL.O) over concerns the tech giants have not done enough to combat fake reviews on their sites. The Competition and Markets Authority (CMA) said it will now gather further information to determine whether the firms may have broken consumer law by taking insufficient action to protect shoppers from fake reviews. The move comes after an initial CMA investigation, which opened in May 2020, and assessed several platforms’ internal systems and processes for identifying and dealing with fake reviews. “Our worry is that millions of online shoppers could be misled by reading fake reviews and then spending their money based on those recommendations," said CMA Chief Executive Andrea Coscelli. "Equally, it’s simply not fair if some businesses can fake 5-star reviews to give their products or services the most prominence, while law-abiding businesses lose out."

Persons: Shannon Stapleton, Andrea Coscelli, it’s, Yadarisa, Aditya Soni Organizations: REUTERS, Markets Authority, CMA, Thomson Locations: Chelsea, New York City, U.S, Bengaluru

☆ Amazon and Google are being investigated by a UK regulator over fake reviews on their sites
▼ + stars: | 2021-06-25 | by ( Grace Dean | ) www.businessinsider.com + 0.00 time to read: +3 min

A UK regulator is investigating whether Amazon and Google have done enough to stop fake reviews. Amazon recently urged social-media firms to help it prevent fake reviews on its site. Some merchants are also buying fake reviews "in bulk" online, according to a February report by Which. Groups selling Amazon reviews have also popped up on social-media sites such as Facebook and Telegram. Insider spoke to some of the fake reviewers in February, including one who had a product refunded after deleting a negative review she had left.

Persons: Read, Amazon, Andrea Coscelli, it's Organizations: Amazon, Google, CMA, Tech, Service, Markets Authority, Facebook, Financial Times

☆ Amazon and Google face UK competition probe over fake reviews
▼ + stars: | 2021-06-25 | by ( Ryan Browne | ) www.cnbc.com sentiment -1.00 time to read: +2 min

LONDON — Britain's competition regulator on Friday launched a formal probe into Amazon and Google over concerns they haven't done enough to tackle fake reviews. "We are investigating concerns that Amazon and Google have not been doing enough to prevent or remove fake reviews to protect customers and honest businesses," Andrea Coscelli, chief executive of the CMA, said in a statement. The Competition and Markets Authority began an initial investigation into the issue of fake reviews back in May 2020. Earlier that year, it had gotten Facebook and eBay to remove several groups and accounts that engaged in trading fake reviews. On Friday, the CMA focused on Amazon and Google, saying it was going to look into whether they had done enough to detect and remove fake reviews.

Persons: Andrea Coscelli Organizations: Google, CMA, Markets Authority, eBay, Facebook, European Union, Brexit, Markets Unit

☆ The G.O.P.'s Anti-Voting-Rights ‘Doom Loop’ for Democracy - The New York Times
▼ + stars: | 2021-06-25 | by ( The Ezra Klein Show | ) www.nytimes.com sentiment -0.51 time to read: +1 min

The insurrection at the Capitol on Jan. 6 failed. But at the state level, the Republican war on elections is posting startling wins. They are trying to do what Trump failed to do: neuter elections as a check on Republican power. [You can listen to this episode of “The Ezra Klein Show” on Apple, Spotify, Google or wherever you get your podcasts.] This is an example of what I’ve sometimes referred to as the “doom loop of democracy”: highly gerrymandered Republican state legislatures in key swing states passing legislation that gives them more power to discourage Democratic-leaning groups from voting, throw out legitimate votes and overturn election results — all of it backed up by Republican-dominated courts.

Persons: Donald Trump, Trump, “, Ezra Klein Organizations: Capitol, Republican, Brennan, Apple, Spotify, Google, Democratic

☆ EXCLUSIVE Toyota-backed self-driving startup Pony.ai considers going public
▼ + stars: | 2021-06-25 | by ( ) www.reuters.com + 0.00 time to read: +3 min

A Lexus vehicle equipped with Pony.ai's autonomous driving system drives on a road during a test event, in Beijing, China, May 13, 2021. "For autonomous driving, it's a big opportunity. That means all the autonomous driving companies need to raise enough funding to support their operations," he said. It has also been testing driverless vehicles in Guangzhou, China. He said the next big challenge is to reduce manufacturing costs for driverless vehicles while expanding into more cities and regions and ensuring safety in different environments.

Persons: Tingshu Wang, Waymo, Motors, James Peng, Lawrence Steyn, Peng, Lou Tiancheng, Hyunjoo Jin, Christopher Cushing Organizations: Lexus, REUTERS, Toyota Motor Corp, Reuters, JPMorgan Chase &, Google, Baidu Inc, HK, Toyota, Thomson Locations: Beijing, China, FREMONT , California, United States, California's Fremont, Milpitas, Guangzhou, Irvine , California

☆ 10 things in tech: Microsoft Windows 11, Leaked Google memo, McAfee's last posts
▼ + stars: | 2021-06-25 | by ( Jordan Parker Erb | ) www.businessinsider.com + 0.00 time to read: +3 min

Microsoft just took a direct shot at Apple by unveiling the next version of Windows 11. Going forward, the Microsoft Store will allow software makers to use their own payment systems — something Apple refuses to allow on its App Store. While Kalanick said CloudKitchens would transform the restaurant industry, so far, restaurant owners are feeling lukewarm. Apple's newest store opened in an iconic theater after a three-year renovation. A leaked memo says Google is pushing to make "substantial gains" in AI.

Persons: Let's, Apple, Travis Kalanick's CloudKitchens —, Kalanick, Jack Dorsey, Dorsey, Tesla, John McAfee's, McAfee, Jamie Dimon, Tim Cook, Read, BuzzFeed, Jordan Erb Organizations: Microsoft, Apple, Google, Twitter, Ford Locations: Tech, Los Angeles

☆ Amazon and Google are being investigated for failing to remove fake product reviews
▼ + stars: | 2021-06-25 | by ( Hanna Ziady | Cnn Business | ) edition.cnn.com sentiment -1.00 time to read: +1 min

London (CNN Business) British regulators are investigating whether Amazon and Google have broken consumer protection law by not doing enough to protect shoppers from fake product reviews. formal inquiry, which builds on a preliminary probe launched last May, could force Amazon AMZN Google GOOGL The UK Competition and Markets Authority (CMA) said Friday that itsformal inquiry, which builds on a preliminary probe launched last May, could forceandto change the way they deal with fake reviews or result in court action. "Our worry is that millions of online shoppers could be misled by reading fake reviews and then spending their money based on those recommendations," CMA chief executive Andrea Coscelli said in a statement. "Equally, it's simply not fair if some businesses can fake 5-star reviews to give their products or services the most prominence, while law-abiding businesses lose out," Coscelli added.

Persons: Andrea Coscelli, it's, Coscelli, Read Organizations: London, CNN Business, Amazon, Google, Markets Authority, CMA

☆ Google delays Chrome's blocking of tracking cookies to late 2023
▼ + stars: | 2021-06-24 | by ( Paresh Dave | ) www.reuters.com sentiment -1.00 time to read: +2 min

REUTERS/Charles PlatiauJune 24 (Reuters) - Google's Chrome web browser will not fully block tracking cookies until late 2023, the Alphabet Inc (GOOGL.O) company said on Thursday, delaying by nearly two years a move that has drawn antitrust concerns from competitors and regulators. Google had wanted to bar reams of ad-personalization companies from gathering users' browsing interests through cookies from January 2022. After an investigation, Britain's Competition and Markets Authority (CMA) agreed this month with Google to oversee the Chrome changes. read moreGoogle is working with the ad industry on technologies that could replace the tracking capabilities of cookies while better protecting online privacy. It now aims to choose new techniques by late next year, do final testing and then gradually phase out tracking cookies starting mid-2023 if CMA signs off.

Persons: Charles Platiau, Vinay Goel, Chrome, Paresh Dave, Richard Pullin Organizations: Google, Viva Tech, REUTERS, Alphabet Inc, Markets Authority, CMA, U.S . Department of Justice, Reuters, YouTube, Apple, Thomson Locations: Paris, France, European, United States, Europe

☆ Library of Congress Looks to AI to Help Users Sift Through Its Collection
▼ + stars: | 2021-06-24 | by ( Sara Castellanos | ) www.wsj.com + 0.00 time to read: +5 min

The Library of Congress expects that artificial intelligence can help people search through its troves of digital information to glean new insights about the U.S.’s history. As of 2018, the library’s digital collection consisted of 410 million unique files representing about 16 petabytes of data. Computer vision is a field of AI where machines are trained to analyze images. Photo: Lauren TiltonHer work will involve harnessing computer vision algorithms to identify objects in photographs of that time period, such as trains, cars and telephones. That is not an easy task because many of today’s computer vision algorithms are trained to recognize modern-day objects, Dr. Tilton said.

Persons: Kate Zwaard, Zwaard, ”, Andromeda Yelton, Molly Tomlinson, —, Lauren Tilton, Tilton, Lincoln Mullen, Roy Rosenzweig, Bernard Barton, Sara Castellanos Organizations: Congress, Facebook Inc, Inc, Library of Congress, Washington , D.C, “, University of Richmond’s Department, Rhetoric, Communication, University of Richmond, George Mason University, Roy, New Media, Cultural Heritage, Amazon Web Services, Google, Microsoft Corp Locations: Washington ,, sara.castellanos

☆ Microsoft Launches Windows 11 in a Reboot for the App-Economy Age
▼ + stars: | 2021-06-24 | by ( Aaron Tilley | ) www.wsj.com + 0.73 time to read: +1 min

The new Windows will feature an app store that collaborates with Amazon . In addition to Windows-based apps, users will be able to choose from Android apps Amazon offers to install on their PCs. The partnership would make such apps that have become more central to people’s lives easily accessible on their PC screens. Microsoft has argued that behavior is anticompetitive and argued for users to have more choice. “Windows has a role to play as the most open of ecosystems today that plays nicely with the others,” Microsoft Chief Executive Satya Nadella said in an interview.

Persons: Satya Nadella Organizations: Microsoft Corp, Google, Inc, Amazon, TikTok, Uber Technologies, Microsoft, Apple Inc, Apple

☆ Nasdaq, S&P 500 scale new peak as jobs recovery gains traction
▼ + stars: | 2021-06-24 | by ( Devik Jain | Medha Singh | ) www.reuters.com + 0.00 time to read: +3 min

Mega-cap tech names such as Apple Inc, Microsoft Corp, Google-owner Alphabet Inc, Netflix Inc and Facebook Inc also gained between 0.5% and 0.8% and were among the biggest boosts to the S&P 500 and the Nasdaq. ET, the Dow Jones Industrial Average was up 259.96 points, or 0.77%, at 34,134.20, the S&P 500 was up 23.05 points, or 0.54%, at 4,264.89, and the Nasdaq Composite was up 105.09 points, or 0.74%, at 14,376.83. Advancing issues outnumbered decliners by a 2-to-1 ratio on the NYSE and by a 2.1-to-1 ratio on the Nasdaq. The S&P 500 posted 30 new 52-week highs and one new low while the Nasdaq recorded 95 new highs and 11 new lows. Graphic: S&P 500 Forward PE -

Persons: Brendan McDermid, Elon Musk, ”, Robert Pavlik, ” Pavlik, Eli Lilly Organizations: Reuters, Nasdaq, Tesla, New York Stock Exchange, REUTERS, Labor Department, Commerce Department, Apple Inc, Microsoft Corp, Google, Inc, Netflix Inc, Facebook Inc, Dakota Wealth, Biden’s, Republican, Dow Jones, Technology, U.S . Food, Biogen Inc, MGM Resorts International, Deutsche Bank, Accenture, NYSE Locations: New York City, U.S, New York, “

☆ App Taps Unwitting Users Abroad to Gather Open-Source Intelligence
▼ + stars: | 2021-06-24 | by ( Byron Tau | ) www.wsj.com sentiment -0.99 time to read: +2 min

WASHINGTON—A consumer app has assembled a workforce of hundreds of thousands of smartphone users world-wide, some of whom are being unwittingly tasked with basic intelligence, surveillance and reconnaissance for the U.S. military. San Francisco-based Premise Data Corp. pays a network of gig workers, many of them in the developing world, to complete basic tasks for small payments. About half of the company’s clients are private businesses seeking commercial information, Premise says. That can involve assignments like gathering market information on the footprint of competitors, scouting locations and other basic, public observational tasks. Sometimes those tasks involve collecting data on nearby wireless signals or other cellphones, the company said, comparing the practice to how Google and Apple map Wi-Fi networks with phones using their operating systems.

Persons: WASHINGTON Organizations: U.S ., Data, Google Locations: San Francisco

Google announced Thursday it would delay its plan to scrap a widely used technology to track web-browsing habits, bending to resistance and scrutiny from the advertising industry, privacy advocates and regulators. Under the new timeline, the Alphabet Inc. unit said its Chrome internet browser will stop supporting a user-tracking technology called third-party cookies by late 2023, nearly two years later than its initial time frame of early 2022. Google had announced the removal of cookies, which many companies in the advertising sector use to track individuals’ and target ads, under pressure from privacy regulators and advocates. “While there’s considerable progress with this initiative, it’s become clear that more time is needed across the ecosystem to get this right,” Google said. Write to Patience Haggin at patience.haggin@wsj.com, Sam Schechner at sam.schechner@wsj.com and Suzanne Vranica at suzanne.vranica@wsj.com

Persons: it’s, Haggin, Sam Schechner, Suzanne Vranica Organizations: Google, Alphabet Inc, Chrome

☆ Google, Facebook Pressure Falls Short as Antitrust Measures Advance in House Committee
▼ + stars: | 2021-06-24 | by ( John D. Mckinnon | ) www.wsj.com sentiment -0.99 time to read: +1 min

WASHINGTON—A House committee approved far-reaching legislation to curb the market dominance of tech giants, including Alphabet Inc.’s Google and Facebook Inc., but much of the effort faced intensive lobbying by affected firms that slowed the committee’s work and foreshadowed a pitched battle in the Senate. Another measure, passed late Wednesday, requires that the largest internet platforms make it easier for users to transport their data to other platforms and even communicate with users on other platforms. The bills must still pass the full House, where the timetable for bringing them to the floor for final votes remains unclear. The package would affect large tech firms including Google, Facebook, Apple Inc. and Amazon.com Inc. The debate over the House Judiciary Committee’s legislation started Wednesday morning and continued into Thursday morning, as Republicans—and some Democrats—raised concerns and floated amendments.

Persons: WASHINGTON, — Organizations: Alphabet Inc, Facebook Inc, Senate, Federal Trade Commission, Google, Facebook, Apple Inc, Amazon.com Inc, Judiciary

☆ Tiger Global-backed Bright Health raises $924 million in U.S. IPO
▼ + stars: | 2021-06-24 | by ( Echo Wang | ) www.reuters.com sentiment -0.98 time to read: +2 min

NEW YORK (Reuters) - Bright Health Group, a health insurance start-up backed by Tiger Global and Blackstone Group Inc, said on Wednesday it sold shares in its initial public offering at a price lower than its target range to raise $924.3 million. Bright Health priced 51.3 million shares at $18 per share and had issued a targeted price range of $20 to 23. Minneapolis-based Bright Health runs two businesses, NeueHealth and Bright HealthCare, through which it offers virtual and in-person clinical care to patients through affiliated primary care clinics. It also sells Medicare and commercial health insurance across 14 states in the U.S. Bright Health, co-founded in 2015 by UnitedHealth Group Inc’s former chief executive officer Bob Sheehy, generated over $1.2 billion in revenue in 2020.

Persons: Bob Sheehy, Rowe Price, Morgan, Goldman Sachs, Morgan Stanley, ” Organizations: YORK, Bright Health, Tiger Global, Blackstone Group Inc, Health Inc, Google, Inc, Clover Health Investments Corp, Bright, UnitedHealth Group, Tiger Global Management, Rowe Price Associates, Blackstone, Barclays, underwriters, New York Stock Exchange Locations: . Minneapolis, U.S

☆ Google, Facebook, Amazon Among Those Set to Fight House Big Tech Antitrust Package
▼ + stars: | 2021-06-24 | by ( John D. Mckinnon | Julie Bykowicz | ) www.wsj.com sentiment -0.99 time to read: +1 min

WASHINGTON—A House committee approved far-reaching legislation to curb the market dominance of tech giants, raising political alarms for firms including Alphabet Inc.’s Google, Facebook Inc. and Amazon.com Inc. The move leaves the big tech firms—once darlings of Washington—in lawmakers’ crosshairs, despite intensive lobbying efforts. The package also includes a measure to bar big tech companies from favoring their own products in a range of circumstances on their platforms. Known as the American Choice and Innovation Online Act, it would prohibit big platforms from engaging in conduct that advantages their own products or services, disadvantages other business users, or discriminates among similarly situated business users. The bill—known as the Augmenting Compatibility and Competition by Enabling Service Switching, or Access, Act—would give the Federal Trade Commission extensive new powers to set individualized standards for the large tech companies.

Persons: WASHINGTON, Washington —, ’ crosshairs Organizations: Alphabet Inc, Facebook Inc, Amazon.com Inc, Senate, Federal Trade Commission Locations: Washington

☆ 10 things in tech: John McAfee has died, Apple's warning, Top startups
▼ + stars: | 2021-06-24 | by ( Jordan Parker Erb | ) www.businessinsider.com + 0.00 time to read: +3 min

John McAfee has died by apparent suicide in jail while awaiting extradition on tax evasion charges. The warning comes as lawmakers seek to force Apple to allow apps from anywhere to be installed on iPhones. Tech legend Marc Andreessen says the rise of remote work might be more important than the internet. Apple CEO Tim Cook called Nancy Pelosi to ask her to slow down six tech antitrust bills. The bills — which Cook said would stifle innovation — are aimed at breaking up any market dominance tech giants like Apple, Google, and Facebook hold.

Persons: Let's, John McAfee, McAfee, iPhones, Apple —, Mark, Marc Andreessen, Tim Cook, Nancy Pelosi, Cook, Austin, —, Alex Dalyac, Jordan Erb Organizations: Apple, Microsoft, Tech, Google, Facebook, Lone Star State Locations: Tech, Barcelona, Texas

☆ Meet the man designing Google’s futuristic new headquarters
▼ + stars: | 2021-06-24 | by ( Sam Shead | ) www.cnbc.com + 0.00 time to read: +6 min

British designer Thomas Heatherwick is designing Google's new buildings in California and London. Page wanted to discuss the future of Google's sprawling headquarters in Mountain View, as well as some of the company's other offices around the world. "There was real support from Google," Heatherwick said. The new Googleplex headquarters campus in Mountain View CA is under construction and features a tent like canopy. Google's new London headquarters.

Persons: Thomas Heatherwick, Larry Page, Page, I'm, Heatherwick, New York —, Bjarke Ingels, Steve Proehl, Google's, We're, San Jose . London, AHMM Organizations: Getty, Google, CNBC Locations: California, London, British, Mountain View, England, New York, Silicon Valley, NASA's, San Jose, San Jose ., King's

☆ Deutsche Bank taps Oracle to simplify its IT, cut costs
▼ + stars: | 2021-06-24 | by ( Patricia Uhlig | ) www.reuters.com sentiment -1.00 time to read: +2 min

REUTERS/Mike Blake/File PhotoFRANKFURT, June 24 (Reuters) - Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany's top lender to cut costs, a Deutsche Bank board member said on Thursday. Deutsche Bank has spent years modernising its computer systems that have repeatedly caused headaches and which former Chief Executive John Cryan had publicly called "lousy". For less critical applications, Deutsche already uses technology from Google (GOOGL.O) and will continue to work with SAP (SAPG.DE) technology. Oracle is setting up a private cloud for Deutsche Bank, modernising the bank's technology that must stay on premises for regulatory reasons. Oracle has created clouds for others but Deutsche's would be its largest to date, Oracle manager Juan Loaiza said.

Persons: Mike Blake, John Cryan, Bernd Leukert, Leukert, Juan Loaiza, Arno Schuetze, Jason Neely Organizations: REUTERS, Deutsche Bank, Oracle, Deutsche, Deutsche Bank Chief, SAP, Reuters, Google, Thomson Locations: Irvine , California, U.S, FRANKFURT

☆ Opinion | Alison Bechdel Shares the Secret to Superhuman Strength
▼ + stars: | 2021-06-24 | by ( Sway | ) www.nytimes.com + 0.99 time to read: +1 min

The fitness industry has exploded into a nearly $100 billion sector, and Alison Bechdel is among the exercise-obsessed. Bechdel, the cartoonist whose comic strip inspired the Bechdel Test for female representation in Hollywood, says she has found transcendence in everything from yoga and karate to weight lifting and biking. Her new book, “The Secret to Superhuman Strength,” examines the exercise craze, and what it exposes about our attitudes around self-care, the booming fitness economy and even our mortality. [You can listen to this episode of “Sway” on Apple, Spotify, Google or wherever you get your podcasts.] In this conversation, Kara and Bechdel discuss the evolution of workout culture (“yoga boom” included), the politics of art (especially during the Trump era) and how mainstream cultural norms have finally caught up to, as Bechdel puts it, “where lesbians were back in the ’80s.”(A full transcript of the episode will be available midday on the Times website.)

Persons: Alison Bechdel, ”, Kara, Bechdel, Trump Organizations: Apple, Spotify, Google, Times

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