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Search resuls for: "Noah Berger"


9 mentions found


☆ How Google’s long period of online dominance could end
  + stars: | 2023-01-26 | by ( Brian Fung | ) edition.cnn.com   time to read: +7 min
This week, the Justice Department accused Google of running an illegal monopoly in its online advertising business and called for parts of it to be broken up. In the meantime, two other thorny issues are poised to determine Google’s future on a potentially shorter timeframe: The rise of generative artificial intelligence and what appears to be an accelerating decline in Google’s online ad marketshare. An ad sales machine under pressureAll this has taken place against the backdrop of what seems to be an extended, multi-year decline in Google’s online advertising marketshare. One-off factors like the pandemic and the war in Ukraine, as well as fears of a looming recession, have broadly affected the online advertising industry. Whatever the cause, Google’s advertising business, which is still massive, seems to face growing headwinds.
☆ Wall Street is still obsessed with Tesla. Here's what experts are saying as the EV-maker's key earnings report looms.
  + stars: | 2023-01-25 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
I'm senior reporter Phil Rosen, here to ring in a pivotal Tesla earnings report with you this morning. But his wealth — and the wealth of his shareholders — could whipsaw today, depending on what comes across in a particularly important earnings report. But amid the bearishness (not to mention distractions from Twitter), Elon Musk's car maker is still a favorite on Wall Street. FactSet data shows that 64% of analysts give Tesla stock a "buy" or "overweight" rating. US stock futures fall early Wednesday, after Microsoft earnings delivered a bleak outlook that added to investors' worries about earnings growth.
☆ Microsoft, Amazon results to highlight softening cloud business
  + stars: | 2023-01-23 | by ( Yuvraj Malik Aditya Soni | Yuvraj Malik | Aditya Soni | ) www.reuters.com   time to read: +3 min
[1/2] Attendees walk through an expo hall at AWS re:Invent 2022, a conference hosted by Amazon Web Services (AWS), in Las Vegas, Nevada, U.S., November 30, 2022. After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said. AWS, Amazon's lucrative cloud business from which it gets more than a quarter of its revenue, is expected to post a 24% increase in sales in the quarter. THE FUNDAMENTALS* Microsoft Q2 revenue is expected to rise 2.5% to $53 billion, the slowest increase in six years. * Amazon Q4 revenue is expected to rise 5.8% to $145.40 billion.
☆ LendingClub’s New CFO Tasked With Preparing Its Balance Sheet for a Downturn
  + stars: | 2022-12-22 | by ( Kristin Broughton | ) www.wsj.com   time to read: +7 min
Drew LaBenne, LendingClub’s chief financial officer since September, is tasked with managing the San Francisco-based company’s balance sheet as it faces a downturn and an industry pullback in demand for loans from investors. We use the marketplace, which is essentially whole loan sales to buyers, or we use the balance sheet. We make on average close to three times as much by putting a loan on the balance sheet versus selling it. Why not just keep all of them on your balance sheet? A lot of that was driven by the upfront CECL [charge] of the loans that we put on the balance sheet.
☆ Why California’s 2022 Wildfire Season Was Unexpectedly Quiet
  + stars: | 2022-12-20 | by ( Elena Shao | ) www.nytimes.com   time to read: +8 min
Maps of California show the perimeters of wildfire burns for every year between 2018 and 2022 (desktop version) or 2017 and 2022 (mobile version). The extent of acreage burned in 2022 is far less than what burned in 2021 and 2022, and looks more similar to what burned in 2019. 2018 2017 Camp fire 2022 2021 2020 McKinney fire 2020 was the state’s worst fire year on record. Wildfires have burned about 362,000 acres this year, compared to 2.5 million acres last year and a historic 4.3 million acres in 2020. Acres Burned by Wildfires in California A bar chart showing the total acres burned by California wildfires since 1987.
☆ Following Bret Taylor's departure, more top executives are leaving Salesforce
  + stars: | 2022-12-06 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Quick question: Have you gone "goblin mode" yet this year? I've got more on goblin mode below, but first, let's talk about Salesforce, which is seeing more executive departures this week. The news of Butterfield's departure comes just days after Salesforce announced co-CEO Bret Taylor is also leaving the company — though Butterfield told staff the moves were unrelated. Oxford Languages, the publisher of Oxford English Dictionary, named "goblin mode" the 2022 Word of the Year — beating out semifinalist "metaverse." A look at what "goblin mode" means.
☆ Wall Street's most important consultant might be its cloud provider
  + stars: | 2022-11-30 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
Insider's Bianca Chan explored this trend with a piece on how cloud providers like AWS, Microsoft Azure, and Google Cloud are reimagining themselves as business consultants. Many of the biggest cloud providers have stood up teams focused on interfacing with the C-suite to advise them on how a move to the cloud can be an opportunity to overhaul things. It's not hard to see how this could end up being big business for the cloud providers. Cloud providers still have a long way to go to be a real threat to consultants, but there is potential there. Click here to read more about how cloud providers are becoming the new-age consultants for Wall Street.
☆ The Big Tech layoffs you won't hear about: How the shift to remote work is leaving Meta janitors and bus drivers jobless
  + stars: | 2022-10-22 | by ( Hannah Towey | ) www.businessinsider.com   time to read: +4 min
The shift to remote work has caused Silicon Valley service workers to lose their in-person jobs. The move is the latest development showcasing how Big Tech's widespread adoption of remote work is translating to layoffs for Silicon Valley's in-person service workers. NOAH BERGER/AFP via Getty Images)As June 2021, any full-time Meta employees whose job responsibilities can be completed online can apply to become a fully-remote worker. "Unlike other Silicon Valley companies, Meta has refused to mandate that its employees return to work on the main campus. Are you a bus driver, cafeteria worker, janitor, or security guard contracted by a Big Tech company?
☆ Russia's war in Ukraine raises a harrowing question: How widespread would fallout from a nuclear bomb be?
  + stars: | 2022-10-14 | by ( Aria Bendix | Azmi Haroun | ) www.businessinsider.com   time to read: +7 min
"Ukraine doesn't have nuclear weapons, so the risk of nuclear war in this scenario is if, somehow, the conflict escalated to pull in NATO countries or the US," she added. "That raises the risk of nuclear confrontation because some of the NATO countries have nuclear weapons." The US, for instance, has about 5,500 nuclear weapons, while Russia has about 6,000, according to the Federation of American Scientists. When a nuclear bomb strikes, it sets off a flash of light, a giant orange fireball, and building-toppling shockwaves. The fallout of a nuclear bomb also depends on how a country chooses to detonate it.
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