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Too little, too late: Facebook's Oversight Board won't launch until 'late fall'

Facebook has announced that the limp "Oversight Board" intended to help make difficult content and policy decisions will not launch until "late fall," which is to say, almost certainly after the election. You know, the election everyone is worried Facebook's inability to police itself will serious affect. On Twitter, the board explained that as much as it would like to "officially begin our task of providing independent oversight of Facebook's content decisions," it regrets that it will be unable to do so for some time.

Coronavirus update: US moves to end WHO membership; Brazil's Bolsonaro tests positive

The Trump administration began the process of formally withdrawing from the World Health Organization, making good on its vow to revoke support for the embattled agency.

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  Novavax Spikes 42% Pre-Market On $1.6B U.S. Funding For Covid-19 Candidate

  SmarterAnalyst
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  Novavax CEO: $1.6B pledge from Trump Admin. will cover 100 million doses of COVID-19 vaccine

  Yahoo Finance Video

Here's the next big move this summer for the record-setting Nasdaq

Time for a pause in the record-setting Nasdaq?

Your Apple iPhone is as a dirty as a toilet seat and is covered with 'fecal matter': disinfectant CEO

The CEO of a company specializing in cleaning products for tech gear issues a warning.

Magic Leap has a new chief executive and it's former Microsoft exec Peggy Johnson

Peggy Johnson, the former executive vice president of business development at Microsoft, has been named as the new chief executive of Magic Leap, the company said in a statement. Johnson, who will begin her new role on August 1, 2020, comes to Magic Leap after a 30-year career in the technology industry. It's been a tumultuous 2020 for Magic Leap.

Uber grocery delivery launches in Latin America and Canada, US to follow later this month

A day after acquiring Postmates for $2.65 billion, Uber has officially launched grocery delivery in select Latin American and Canadian cities. The Santiago, Chile-based startup brought grocery delivery to the Latin American market before moving north to Toronto. Today’s launch covers 19 cities in  Brazil, Canada, Chile, Colombia and Peru, and is set to expand to the U.S. market at some point later this month — specifically to Miami and Dallas.

Amazon India's unit gets $308 million in fresh funds from parent

Amazon.com Inc <AMZN.O> has invested 23.10 billion rupees (£245.26 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people shop online in a bid to avoid crowded public places. Amazon Singapore made a significant portion of financing, data from business intelligence firm Tofler showed. The company, which competes with Walmart Inc's <WMT.N> Flipkart in India, has also been expanding its seller network in the country.

Facebook ad boycott organizers say no progress on hate speech

Organizers of a Facebook ad boycott vowed to press on with their campaign, saying the social network's top executives had failed to offer meaningful action on curbing hateful content. At a virtual meeting that included Facebook chief executive Mark Zuckerberg, the #StopHateForProfit coalition leaders "didn't hear anything... to convince us that Zuckerberg and his colleagues are taking action," said Jessica Gonzalez of the activist group Free Press, a coalition member. Rashad Robinson, president of the activist group Color of Change, told reporters on a conference call the meeting was "a disappointment."

Boeing settles nearly all Lion Air 737 MAX crash claims - filing

Boeing Co has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after the 2018 crash of a Lion Air 737 MAX in Indonesia that killed all 189 people on board, a court filing on Tuesday said. The fatal crash, followed within five months by another 737 MAX jetliner in Ethiopia, led to the worldwide grounding of the best-selling model and a corporate crisis that has included hundreds of lawsuits alleging the jet was unsafe and separate probes by the Justice Department and U.S. lawmakers.

• 737 MAX Tests Are Set to Continue. They’re the Least of Boeing’s Problems.

  Barrons.com
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  Next Boeing 737 MAX Government Test Flight Scheduled for Coming Days

  The Wall Street Journal

Cars, a cocktail and a celebrity: South Koreans succumb to Tesla fever

From an eponymous cocktail to eager buyers following the shipping routes of long-awaited cars, Tesla Inc is having a moment in South Korea, particularly among tech-savvy professionals. "I am not interested in cars, but I am interested in the Tesla brand and its technology," the 39-year-old told Reuters. Kang bought a Tesla Model 3 in December, ditching the Hyundai crossover he bought only last summer.

NASA hits Boeing with 80 recommendations before next space test

NASA has drawn up a list of 80 recommendations that US aerospace giant Boeing will have to address before attempting to refly its Starliner space capsule, following the failure of an uncrewed test last year. The recommendations primarily concern the on-board software, which was the main problem with the flight test last December. The capsule could not be placed in the correct orbit, due to a clock error, and a had to return to Earth after two days instead of docking with the International Space Station as planned.

Civil rights groups denounce Facebook over hate speech

Facebook keeps telling critics that it is doing everything it can to rid its service of hate, abuse and misinformation. On Tuesday, CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg met with a group of civil rights leaders, including the organizers of a growing advertising boycott over hate speech on Facebook. One of those leaders, NAACP President Derrick Johnson, said Facebook's executives offered little but cheap talk that skirted major commitments to new rules or actions that would curb racism and misinformation on its platform.

Boeing settles nearly all Lion Air 737 MAX crash claims: filing

Boeing Co has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after the 2018 crash of a Lion Air 737 MAX in Indonesia that killed all 189 people on board, a court filing on Tuesday said. The fatal crash, followed within five months by another 737 MAX jetliner in Ethiopia, led to the worldwide grounding of the best-selling model and a corporate crisis that has included hundreds of lawsuits alleging the jet was unsafe and separate probes by the Justice Department and U.S. lawmakers.

• 737 MAX Tests Are Set to Continue. They’re the Least of Boeing’s Problems.

  Barrons.com
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  Next Boeing 737 MAX Government Test Flight Scheduled for Coming Days

  The Wall Street Journal

Livongo's Preliminary Results Crush Estimates, Sending the Stock Skyward

Livongo Health (NASDAQ: LVGO) was already one of the rock-star stocks of 2020, having gained more than 200% so far this year. "The COVID-19 pandemic has only magnified the need for Livongo's solutions, which goes well beyond remote monitoring and video visits to generate consumer directed virtual care," said CEO Zane Burke.

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  Why Livongo Health Stock Soared Higher on Tuesday

  Motley Fool
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  Dow Lags As Gold Stocks Outperform; Time To Sell DocuSign, Livongo Health?

  Investor's Business Daily

Why Electronic Arts Stock Rose 23% in the First Half of 2020

The game maker's biggest titles saw a spike in engagement during COVID-19, and investors are hopeful for what the next console generation might bring.

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  Why Shake Shack’s Stock Has Fallen 11% So Far in 2020

  Motley Fool
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  Why Boston Beer Stock Has Soared 42% So Far in 2020

  Motley Fool

Why Netflix Stock Rose 40% in the First Half of 2020

The top streaming platform impressed investors with its subscriber totals last quarter, and expects to keep audiences engaged with more content releases in the near term.

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  Why Shake Shack’s Stock Has Fallen 11% So Far in 2020

  Motley Fool
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  Why Boston Beer Stock Has Soared 42% So Far in 2020

  Motley Fool

Google Teams With NVIDIA on New Cloud Computing Offerings

NVIDIA (NASDAQ: NVDA) announced on Tuesday that just weeks after its release, the A100 Tensor Core graphics processing unit (GPU) has been adopted by Google Cloud, a division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). The Accelerator-Optimized VM (A2) family, available on Google Compute Engine, is designed specifically to handle some of the most demanding applications out there, including artificial intelligence (AI) workloads and high performance computing (HPC). This makes Google the first cloud service provider to offer the new NVIDIA GPUs.

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  3 Top Artificial Intelligence Stocks to Buy Right Now

  Motley Fool
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  Nvidia's Ampere GPUs come to Google Cloud

  TechCrunch

Why Walmart Stock Jumped Today

What happened Shares of Walmart (NYSE: WMT) climbed 6.8% on Tuesday after news broke that the retail titan is gearing up to take on Prime from Amazon.com (NASDAQ: AMZN). So what Walmart will launch a new subscription service later in July, according to tech site Recode.

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  Walmart to soon launch Amazon Prime rival -report

  Reuters Videos
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  Amazon Drops As Walmart’s Prime Rival Gears Up for a July Start

  Investing.com

Is FMAANG Overrated?

Let's see how these stocks are placed as we enter earnings season.

Apple (AAPL) Stock Moves -0.31%: What You Should Know

In the latest trading session, Apple (AAPL) closed at $372.69, marking a -0.31% move from the previous day.

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  Advanced Micro Devices (AMD) Stock Moves -0.88%: What You Should Know

  Zacks
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  Gilead Sciences (GILD) Stock Moves -0.44%: What You Should Know

  Zacks

Advanced Micro Devices (AMD) Stock Moves -0.88%: What You Should Know

Advanced Micro Devices (AMD) closed the most recent trading day at $52.93, moving -0.88% from the previous trading session.

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  Gilead Sciences (GILD) Stock Moves -0.44%: What You Should Know

  Zacks
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  Salesforce.com (CRM) Stock Moves -0.68%: What You Should Know

  Zacks