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Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.
Indian shares edge up on UltraTech Cement boost
  + stars: | 2022-11-22 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, Nov 22 (Reuters) - Indian equity benchmarks edged higher on Tuesday, after declining for three straight sessions, buoyed by gains in top cement producer UltraTech Cement (ULTC.NS). The benchmark S&P BSE Sensex (.BSESN) rose 0.11% to 61,212.36, while the NSE Nifty 50 index (.NSEI) gained 0.08% to 18,175.10. UltraTech Cement (ULTC.NS) led gains on the Nifty, rising as much a 2.4% to a near three-week high, while its parent Grasim Industries (GRAS.NS) advanced 2.1%. Indian markets are likely to be range-bound and not follow global cues ahead of state elections due in December, said AK Prabhakar, Head of Research, IDBI Capital. Foreign institutional investors sold 15.94 billion Indian rupees ($195.11 million) worth of equities on Monday, while domestic investors bought 12.63 billion rupees ($154.59 million) of shares, per provisional NSE data.
[1/2] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, December 11, 2018. REUTERS/Francis MascarenhasBENGALURU, Nov 15 (Reuters) - Indian shares gave up opening gains on Tuesday, dragged by consumer and IT stocks, as investors secured profits after a four-week rally, even as data showed annual retail inflation for October eased roughly in line with estimates. Slower rise in food prices helped India's annual retail inflation ease to 6.77% in October, from 7.41% in the previous month, data showed on Monday. More than 1,000 companies reported their quarterly results on Monday as the country's month-long earnings season drew to a close. Globally, investors will get another look at U.S. inflation when the producer price index data is released at 1330 GMT.
Today's EVs run on lithium ion batteries — mostly made with lithium, cobalt, manganese and high-grade nickel, whose prices have soared. The EVs of the future — those arriving after 2025 — could shift to sodium ion or lithium sulfur battery cells that could be up to two-thirds cheaper than today's lithium ion cells. China's CATL (300750.SZ) has said it plans to begin producing sodium ion cells in 2023. Michigan-based Amandarry and British startup AMTE Power (AMTE.L) are developing sodium ion batteries using sodium chloride — basically table salt — as the main cathode ingredient. Battery developers hope they can add sodium ion and lithium sulfur batteries to the range open to the auto industry.
Google has rolled out new features to win back young users who reportedly have turned to TikTok as a search engine. Some features include a neighborhood "vibe" feature and updated ways for users to search for top-rated local restaurants. TikTok is quietly encroaching on Google's search engine dominance, especially with young people, and Google has announced a number of new features to seemingly try to beat back the competition. Youtube, which is owned by Google, announced last week that it would share advertising revenue with short-form creators in an apparent attempt to coax influencers away from TikTok and Reels. Check out the updates Google announced on Wednesday to appeal to young users.
The company is trying to appeal to younger users who are moving away from text-based searching. "Until you really stop and think about it, you don't realize how many questions you have each day that you do not actually search for," Google Search VP Cathy Edwards told Insider in an interview. Additionally, Google is updating its 'Live View' to let Maps users search for nearby restaurants, parking, and other amenities from within the app as they navigate using their smartphone. In July, Google Search lead Prabhakar Raghavan suggested the company's Search and Maps products were threatened by the rise of new apps being adopted by a younger generation of users. Speaking at Fortune's Brainstorm Tech conference, Raghavan said younger people were turning to apps like TikTok and Instagram for discovery purposes.
When asked why they don't use Google as much, the Gen Zers interviewed by NBC News had a simple answer: They prefer visual platforms. "Our goal with Search is to provide people the most relevant and useful information available," according to the post. "People have more ways to search for information than ever before—and increasingly this is happening outside the context of only a search engine." According to Raghavan, Google is testing some newer features. If Google doesn't evolve, some believe TikTok will ultimately surpass it as the top search tool.
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