Google says it will delete location history for visits to abortion clinics after overturning of Roe v. Wade

Sundar Pichai, CEO of Google Anindito Mukherjee | Bloomberg | Getty Images Google said late Friday that it will work to quickly delete location history for people going to abortion sites and other medical sites following the Supreme Court’s overturning of Roe v. Wade last week. “Today, we’re announcing that if our systems identify that someone has visited one of these places, we will delete these entries from Location History soon after they visit,” wrote Jen Fitzpatrick, Google’s senior vice president of core systems and experiences, in a blog post.…

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How inflation will affect Apple

An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters The last time Apple faced an inflationary environment like this, it had been a public company for less than a year and its best-selling product was the Apple II home computer. In May, the annual inflation rate in the U.S. was 8.6%, the highest level since 1981. Other major markets for Apple sales are seeing similar or even higher levels of inflation. Apple faces increasing costs from global logistics and rising employee salaries, as…

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Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years

Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Investors lowered the valuations of the world’s largest technology companies in the second quarter as central bankers ratcheted up interest rates to ward off inflation. Big technology names became less valuable in the first quarter, with Russia’s invasion into Ukraine cutting into business and adding to supply complications that appeared in the pandemic, sending…

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Longtime Google exec Nick Fox to take interim commerce business post after Ready departs to Pinterest

Nick Fox, vice president of product and design for Search and Assistant. Longtime Google exec Nick Fox will take over the company’s commerce and payments business on an interim basis. Fox’s appointment comes a day after the former head, Bill Ready, announced he is taking over the helm of Pinterest, replacing longtime CEO and founder Ben Silbermann. Nick Fox will lead Google’s “Commerce, Payments and Next Billion Users,” according to a person familiar with the matter. He will report to Google’s Search boss and SVP Prabhakar Raghavan. In the meantime,…

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U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores

A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page on an Apple iPhone on August 7, 2020. Drew Angerer | Getty Images News | Getty Images BEIJING — A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over China-related data security concerns. The wildly popular short video app is owned by Chinese company…

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AWS CEO says the move to cloud computing is only just getting started

Cloud computing is in its beginning stages and will only continue to grow, Amazon Web Services CEO Adam Selipsky told CNBC’s Jim Cramer on Tuesday. “It’s possible that AWS could become the largest business at Amazon. Now, Amazon has other large and great businesses, and so it could take a while for us to get there,” Selipsky said in an interview on “Mad Money.” “Essentially, IT is going to move to the cloud. And it’s going to take a while. You’ve seen maybe only, call it 10% of IT today…

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Pinterest CEO Ben Silbermann is stepping down and the stock is up

Ben Silbermann, CEO and Co-Founder of Pinterest. Horacio Villalobos | Getty Images Longtime Pinterest CEO Ben Silbermann is stepping down, the company announced Tuesday. Shares jumped more than 5% in after-hours trading. Bill Ready, who was previously in charge of Google’s commerce business, is taking over the helm, effective Wednesday. Prior to joining Google, Ready was executive vice president and chief operating officer of PayPal. Pinterest has more than 400 million monthly active users and has long placed its focus on its advertising business. But in recent years, it has…

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From milligrams to gigatons: Startup that sucks carbon dioxide from the atmosphere is building a big new plant in Iceland

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a very small percentage of the total amount of carbon dioxide emitted around the globe each year: In 2021, total global carbon dioxide emissions were a record-high 36.3 billion metric tons, according to the International Energy…

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Cathie Wood: NFTs, DeFi, digital wallets will become important, huge opportunities

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Ark Invest CEO Cathie Wood said Tuesday that digital property rights related to non-fungible tokens (NFTs) and decentralized finance (DeFi) that have underpinned the emergence of Web3 “are going to become incredibly important.” “DeFi has taken off and we’re impressed at how robust the ecosystem has been,” Wood said on CNBC’s “Squawk Box,” adding that the…

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Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs

A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part of the nearly 20% of the company was being laid off from what the company’s CEO called a looming recession. “When I joined Coinbase, I accepted that working in this industry would be risky,” Hong…

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