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Google did not automatically sign up Android users for COVID-19 tracing app

The claim: Google automatically signed up all Android users for a COVID-19 tracing app.

New mobile contact tracing technology aimed at minimizing the spread of COVID-19 has prompted claims on social media that Google automatically updated all Android devices with a tracing app.

A June 3 Facebook posting reads, “Android users BEWARE, google automatically signed you up to COVID-19 tracing app.” 

The post then goes on to urge Android users to turn off COVID-19 exposure notifications under Usage & Diagnostics in their Google Services in the device’s settings. 

Other similar posts claim that a “COVID-19 sensor has been secretly installed on every phone.”

The claim follows reports that public health officials and technology companies are working on contact tracing methods to identify people who have been near someone infected with the coronavirus. Similar claims appeared on social media platforms in May — and have been debunked — after Congress introduced

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Xi Jinping’s trillion-yuan baby, the Star Market, is poised for the next spurt of growth. Here’s why

Ji Xinhua is walking on clouds. Two months before his 41st birthday, his company UCloud Information Technology overcame the hurdle that had tripped up dozens of larger Chinese companies and driven them half a world away to New York to raise funds.

UCloud, which helps customers store computer data in the cloud, became the first company with a dual-class shareholding structure approved to list on China’s Star Market. UCloud’s shares, offered at 33.23 yuan (US$4.73), more than doubled during their trading debut in Shanghai and soared to a record 115 yuan by the 16th trading day.

That made Ji, who owns 50.8 million UCloud shares, or 12 per cent of the company, a multimillionaire, one of more than 130 minted by the Nasdaq-style market in the 12 months it’s been operating.

“We may have opened a floodgate for other promising tech companies to access funding on the domestic market,” Ji

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Hercules Technology (HTGC) Expected to Beat Earnings Estimates: Should You Buy?

Wall Street expects a year-over-year decline in earnings on higher revenues when Hercules Technology (HTGC) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 30, 2020, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it’s worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus Estimate

This specialty finance company is expected to post quarterly earnings of $0.33 per share in

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Will Cloud Drive Microsoft Fiscal Q4 Earnings? ETFs to Watch

Microsoft MSFT is set to release fiscal fourth-quarter 2020 results on Jul 22 after market close. Being the world’s largest software maker, it is worth taking a look at the company’s fundamentals ahead of its results.

Over the past three months, the stock has gained 26.1%, underperforming the industry growth of 28.6%. The solid run is expected to continue if the software leader beats estimates (see: all the Technology ETFs here).

Inside Our Methodology

Microsoft has a Zacks Rank #3 (Hold) and an Earnings ESP of -4.65%. According to our surprise prediction methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

The stock saw negative earnings estimate revision of a penny for the fiscal fourth

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