With Jobless Aid Set to Lapse, Senate Fails to Agree on Extension

Senate Republicans forced the chamber to begin moving forward with an extension of unemployment benefits that expire on Friday, but there was no agreement on a measure to do so.

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Google Cloud's $3 billion quarter shows strong but slowing growth, even as Google reported its first quarterly revenue decline since going public (GOOG, GOOGL)

Google

• Alphabet reported earnings on Thursday, disclosing that Google Cloud generated over $3 billion in revenue — up 43% from the same period of last year.
• Last quarter, Google Cloud saw a 52% year-over-year increase, showing that revenue growth in the unit is slowing down.
• On a call with investors, Google CFO Ruth Porat attributed the slowdown to price changes at G Suite, its productivity software suite. 
• Google Cloud was still a bright spot on Alphabet's earnings report, which saw Google report its first quarterly revenue decline since going public.
• Visit Business Insider's homepage for more stories.

Google Cloud's revenue growth is showing signs of slowing down, but Google is still investing aggressively in the unit by spending big on hiring and building new data centers.

On Thursday, Alphabet announced that Google Cloud generated over $3 billion in revenue this past quarter. That's a 43% increase from the $2.1 billion it posted over the same period last year. Still, that rate of growth is down from the previous quarter, when Google Cloud saw a 52% revenue increase, year-over-year.

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• Here are 22 of the most important executives leading Google Cloud as it takes on Amazon Web Services and Microsoft Azure
• Microsoft paid at least $270 million in stock for telecom software company Metaswitch Networks, filing shows
• Meet the 54 most valuable enterprise tech startups, worth as much as $216 billion collectively

SEE ALSO: Here are 22 of the most important executives leading Google Cloud as it takes on Amazon Web Services and Microsoft Azure

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An influential conservative who argued against Trump's impeachment now calls for it after the president's 'fascistic' suggestion to delay the November election

Saul Loeb/AFP via Getty Images

• Steven Calabresi, a popular conservative and co-founder of the Federalist Society, has called for President Donald Trump's impeachment after he made "fascist" comments about delaying the November elections. 
• Calabresi said he voted for Trump in the 2016 election and opposed Trump's impeachment in a New York Times Op-Ed. 
• He called Trump's remarks "fascistic" and called on conservatives to denounce them. 
• Trump does not have the authority to push back the election. 
• Visit Business Insider's homepage for more stories.

A popular conservative has called for President Donald Trump's impeachment, saying the president made "fascistic" comments about delaying the November election. 

In a New York Times Op-Ed, Steven Calabresi wrote that while he supported Trump in the 2016 election and opposed Trump's impeachment as well as Robert Mueller's investigation, the president comments on postponing the election have gone too far. 

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• Trump backs out of Yankees opening pitch he was never even invited to. An official told The New York Times the idea emerged from jealousy of Fauci.
• Sam Nunberg, the adviser who came up with the Mexico wall idea, says he still wants to see it built — and that Trump would 'kill' Biden in a debate on border issues
• Trump was furious after Defense Secretary Esper effectively barred the Confederate flag from military bases

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Amazon's online grocery sales tripled as people stayed home amid the coronavirus pandemic (AMZN)

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• Amazon saw an explosion in online grocery delivery sales thanks to the coronavirus pandemic.
• Online grocery sales tripled year over year in the company's second quarter.
• Amazon has responded by tripling the number of its grocery pickup locations.
• The spike in online grocery shopping is largely driven by Prime subscribers who are ordering more products from the online retailer.
• Visit Business Insider's homepage for more stories.

Amazon' online grocery sales tripled in the second quarter as a result of stay-at-home orders and COVID-19 fears.

In the online retail giant's second quarter earnings call on Thursday, company executives explained that Amazon has seen a surge in online grocery sales compared to the previous year. And they largely credit changes to consumer behavior brought about by the coronavirus pandemic.

See the rest of the story at Business Insider

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• 5 new uses for empty malls decimated by the retail apocalypse and COVID-19, from health clinics to homeless shelters
• Retailers like Walmart, Target, and Best Buy are opting to close their doors on Thanksgiving Day in response to the pandemic. Check out the full list.
• Amazon has started free grocery deliveries to some Prime members in the UK. The boss of British grocer Waitrose called it a 'nuclear' option in the battle for online shopping supremacy.

SEE ALSO: The Big 4 tech companies — Amazon, Apple, Facebook, and Google, worth $5 trillion combined — just crushed their earnings reports

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The construction site for a $400 million luxury hotel in Big Sky, Montana, has led to more than 100 coronavirus cases

Courtesy of Montage International

• At least 116 workers at the construction site of the Montage Big Sky luxury resort in Big Sky, Montana have tested positive for the coronavirus since July 8, Johnathan Hettinger reported for Montana Free Press.
• It's one of the largest outbreaks in Montana, which has reported 3,676 cases and 54 deaths.
• Suffolk Construction, the Boston-based contractor for the project, hired a private lab to conduct more than 800 tests so far, per the Montana Free Press.
• Some of the workers who tested positive reportedly live in other Montana counties.
• Six Suffolk employees tested positive for the virus back in March, after which Suffolk said it was taking precautions to keep a six-foot distance between workers. 
• Montage International, with private equity firm CrossHarbor Capital Partners LLC, started construction of the Montage Big Sky on a $400 million property in Big Sky in September 2018.
• Plans for the resort, which is set to open in 2021, include a 150-room hotel, a bowling alley, two swimming pools, ski lockers, and ski-in and ski-out access to Big Sky Resort, the second-largest ski resort in the US by acreage.
• Visit Business Insider's homepage for more stories.

Business Insider reached out to Montage International, Suffolk Construction, and the Montana Department of Public Health and Human Services for comment and will update this story accordingly. 

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• Jeff Bezos is about to defend his Amazon empire before Congress. Here's how the richest person in the world makes and spends his $178 billion fortune.
• A Hong Kong real-estate tycoon wants to build a new city in Ireland for 50,000 emigrants fleeing China's crackdown
• An iconic LA hotel known for its celebrity clientele might be converted into a private residential club. It's one of many signs the pandemic has thrown the hotel industry into chaos.

SEE ALSO: A luxury hotel company with hotels in classic hotspots like Laguna Beach and Beverly Hills is taking a chance on an unexpected new destination

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THE CONTENT MODERATION REPORT: Social platforms are facing a massive content crisis — here's why we think regulation is coming and what it will look like

This is a preview of The Content Moderation Report from Business Insider Intelligence. Purchase this report. To check to see if you already have access to Business Insider Intelligence through your company, click here.

Content moderation has become a top priority for social platforms — including Facebook, YouTube, Twitter, Pinterest, and LinkedIn — amid rising public and political scrutiny and escalating content-related crises. Business Insider Intelligence

Brands, lawmakers, and even social media execs are coming to grips with the reality that platforms are not up to the task of moderating content on their own, primarily due to their massive scale. The scale of the problem — and the difficulty of fixing it — roughly correlate with the scale of platforms themselves.

See the rest of the story at Business Insider

See Also:

• Google and Facebook's share of the UK digital ad market will drop to 65.9% this year
• Google may cut commission fees for sellers, attempting to compete with Amazon for ecommerce-related search dollars
• Twitter's worldwide ad revenues fell by 23% despite accelerated user engagement growth

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WTO Agrees to Mediate Japan, South Korea Electronics Dispute

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