Morrison said he was clear with Pichai that “Australia sets the rules for how these things operate.” “We discussed some of the specifics of elements of the code and they raised those matters, I think, very respectfully,” Morrison said. “But I think we’ve been able to get that into a much more positive space about the ability to continue to provide services here in Australia.” Google declined to comment on the meeting. While Google and Facebook have condemned the legislation as… Source link

The EU and the UK are set to open probes into Nvidia’s $40bn acquisition of chip designer Arm, Microsoft looks to capitalise on Google’s threat to shut its search engine in Australia, and Mario Draghi accepts the mandate to form Italy’s next government. Plus, the FT’s retail correspondent, Jonathan Eley, explains how bargain retail is surging during the pandemic.  UK and EU to open in-depth probes into Nvidia’s $40bn acquisition of Arm

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. An engineering director and a software developer have quit Alphabet Inc’s Google over the dismissal of AI researcher Timnit Gebru, a sign of the ongoing conflicts at the search giant over diversity and ethics. David Baker, a director focused on user safety, left Google last month after 16 years because Gebru’s exit “extinguished my desire to continue as a Googler,” he said in a letter seen by… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

Another impressive comeback from the Hornets on Wednesday fell short as the Sixers survived the late rally to earn a 118-111 win. Trailing by as many as 26 late in the second quarter, Charlotte used big runs in the third and fourth quarters to make the second half an interesting one. A 27-9 run in the third quarter, particularly, cut the deficit to single digits and though Philly responded to push the lead back to double digits, the Hornets stayed within shouting distance the remainder of the… Source link

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link

By Jeffrey Dastin, Paresh Dave FILE PHOTO: FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. REUTERS/Arnd Wiegmann SAN FRANCISCO (Reuters) – An engineering director and a software developer have quit Alphabet Inc’s Google over the dismissal of AI researcher Timnit Gebru, a sign of the ongoing conflicts at the search giant over diversity and ethics. David Baker, a director focused on user safety, left Google last month after 16… Source link

Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one grabbing headlines in the United States, with over 700% gains in 2020… A Chinese competitor most folks have never heard of was already showing up Elon Musk’s EV juggernaut. Nio, “the Chinese Tesla,” has rolled out over 75,000 electric vehicles to date. And with their ET7 electric car boasting a record range of 621 miles on one… Source link

As Amazon dropped bombshell news on Tuesday, revealing its chief executive officer’s departure alongside its highest revenues yet, elsewhere in the tech and finance world, another tech giant announced earnings that underscored how good the pandemic, in general, and the holiday period, in particular, were to the sector. Over the fourth quarter of 2020, Google parent Alphabet saw revenues climb to $56.9 billion, a 23.5 percent increase over the same quarter the year before. The momentum was… Source link

Australia’s competition regulator is confident MPs will approve legislation forcing Big Tech companies to pay for news, despite a threat by Google to shut its search engine in the country. Rod Sims, an architect of the draft law, said Google’s threat highlighted the need for a news media bargaining code that would include binding arbitration to force technology groups to negotiate with news providers. The legislation was almost certain to pass parliament despite a… Source link