TikTok will shut down its music streaming service beginning Nov. 28, just two years after parent company ByteDance aimed to compete with the likes of Spotify and Apple Music. https://yhoo.it/4ekrzhy
Yahoo Finance
Online Audio and Video Media
The planet’s biggest business news platform. Sharing business news you need, plus live shows every weekday.
About us
Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
- Website
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https://yhoo.it/3aBnLwr
External link for Yahoo Finance
- Industry
- Online Audio and Video Media
- Company size
- 51-200 employees
- Headquarters
- New York
- Type
- Public Company
Locations
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Primary
770 Broadway
New York, 10003, US
Employees at Yahoo Finance
Updates
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The future of food sustainability and agriculture is top of mind for Whole Foods Market Foods CEO Jason Buechel, especially as climate change makes food scarcer and less nutritious. Buechel recently detailed one big thing most people don't realize about the state of farming in the United States. More: https://lnkd.in/gYFQHjpN #yahoofinance #finance #food #farming #agriculture #markets #stocks #money
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Roughly 45,000 workers represented by the International Longshoremen's Union at ports across the East and Gulf coasts are set to strike next week. How would a prolonged strike affect US supply chains? https://yhoo.it/3XJzca1
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Whole Foods Market Foods CEO Jason Buechel has faced significant challenges since succeeding iconic founder John Mackey in 2022. Buechel has led the organic grocer through intensified competition and unprecedented inflation, which has affected shopping habits even among his higher-end customers. Additionally, the company operates as a retailer within tech giant Amazon — which has recently undergone a period of financial belt-tightening. Whole Foods and Buechel are striving to thrive by accelerating new store openings and cutting prices, while maintaining the unique culture established by Mackey. What lies ahead for Whole Foods? More: https://lnkd.in/gYFQHjpN #yahoofinance #finance #consumer #foodandbeverage #money #personalfinance #business #leadership
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In some parts of the world, electricity generation is already insufficient to support the building of new data centers. That’s an increasing problem as the world’s largest companies pour hundreds of billions of dollars into new infrastructure that they believe is the future of computing. https://yhoo.it/4eEJCPk
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Stocks tend to trend upwards at the end of the year. Why is that? 👀 More: https://lnkd.in/evvRuBMb #yahoofinance #finance #markets #stocks #wallstreet #money
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Microsoft is set to finally release its long-delayed Recall feature for Windows 11. The software option, which the company debuted back in May, saves screenshots of virtually everything you do on your computer allowing you to search for and interact with them later on. For instance, if you were booking a hotel room but forgot the website you were using or need to find an old document and can’t remember what you named it, you can use Recall to describe the site or document and it will find them for you by searching through those screenshots. It’s a helpful concept, but security researchers quickly raised concerns about the potential for hackers or malware software to gain access to those screenshots, steal users' data, and view some of their most sensitive information. In response, Microsoft put the feature on hold and instead chose to launch its Copilot PCs without Recall. Now, after reworking the software, Microsoft says it’s ready to go and that users’ data will be as secure as it could possibly be. Microsoft has yet to reveal the official launch date however. “I think this is really a statement from Microsoft saying we're going to put our full power into making AI secure,” David Weston, Microsoft vice president of Enterprise and OS Security, told Yahoo Finance. More: https://lnkd.in/eaahGRvE #yahoofinance #finance #tech #ai #microsoft #software #markets #money #wallstreet
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Costco Wholesale is slinging a lot of gold bars as prices for the yellow metal continue to surge. Sales of gold were up "double digits" in the most recent quarter, Costco CFO Gary Millerchip told analysts on its earnings call Thursday evening. Millerchip went on to add that gold was a "meaningful tailwind" to e-commerce sales in the quarter. Costco began selling gold bars in the fall of 2023. Wells Fargo analysts have estimated Costco is selling $100 million to $200 million in gold bars each month. The most recent gold performance led to a tongue-in-cheek moment as Costco's call was nearing its end. Veteran Evercore analyst Greg Melich asked executives, "Given the nonfood, the success there, ... I'm just curious, are there any plans to maybe bring Kirkland Signature into the gold bullion market?" More: https://lnkd.in/g5KYCkHj #yahoofinance #finance #costco #retail #gold #markets #wallstreet #money
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The term recession is contextual, and trying to apply it at broad scale can be conflicting at times. "The US is a really big place," Yahoo Finance's Jared Blikre explains. "National economy identities as GDP, GNP — these things that we try to measure apples to oranges and come up with one number for the entire economy." That's why, Blikre says, describing a recession can be like a "soup." More: https://lnkd.in/evvRuBMb #yahoofinance #finance #economy #recession #markets #wallstreet #money