CANBERRA, Australia (AP) — Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing… Source link
Read More »Monthly Archives: February 2021
Justice Department gives judge big Google document request
FILE PHOTO: A man walks past a logo of Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – The Justice Department asked the judge hearing its antitrust fight with Alphabet’s Google for a huge list of documents from the search and advertising giant, including some about Facebook and Google’s Chrome browser, according to a court filing on Wednesday. Among the documents requested was communications with third parties… Source link
Read More »Justice Department gives judge big Google document request
FILE PHOTO: A man walks past a logo of Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – The Justice Department asked the judge hearing its antitrust fight with Alphabet’s Google for a huge list of documents from the search and advertising giant, including some about Facebook and Google’s Chrome browser, according to a court filing on Wednesday. Among the documents requested was communications with third parties… Source link
Read More »Facebook, Google Face ‘Strong Pipeline’ of Privacy Rulings in Europe
The privacy regulator overseeing Facebook Inc., FB -0.58% Alphabet Inc.’s GOOG 1.17% Google and Apple Inc. in the European Union expects to boost its tally of big tech decisions this year—and rejects complaints that its enforcement has been too slow. Helen Dixon, who leads Ireland’s Data Protection Commission, said her office is on… Source link
Read More »Nvidia Slips on Concern About Growth of Data Center Business
(Bloomberg) — Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call. Nvidia reported data center chip sales jumped 97% to $1.9 billion in the… Source link
Read More »Buffett’s right-hand man says US stock market is overvalued
TipRanks 3 Stocks Goldman Sachs Says Are Ready to Rip Higher Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the… Source link
Read More »Stock futures open flat; GameStop, AMC shares surge
TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link
Read More »Biden’s stimulus checks bill could cut your taxes by $3,100
Biden’s stimulus checks bill could cut your taxes by $3,100 Congress has put the stimulus package on a fast track in a race against time to get Americans the relief they need. Along with the long-discussed stimulus checks, additional proposals in the bill would offer the average household $3,100 in tax savings for 2021, according to Urban-Brookings Tax Policy Center. In the passing of the budget plan, which contains President Joe Biden’s $1.9 trillion relief bill, you can also expect to see… Source link
Read More »Yahoo Finance Presents: Moderna CEO Stéphane Bancel
In this episode of Yahoo Finance Presents Moderna CEO Stéphane Bancel, talks to Yahoo Finance senior reporter Anjalee Khemlani about the company’s new boosters for COVID-19 variant strands as well as the continued rollout of their vaccines. Video Transcript [MUSIC PLAYING] ANJALEE KHEMLANI: Joining me now is Stephane Bancel, CEO of Moderna. Stephane, thank you so much for joining me today. STEPHANE BANCEL: Thank you so much for having us. ANJALEE KHEMLANI: So great news, you have the booster… Source link
Read More »Kyrie Irving wants NBA to honor Kobe Bryant with new logo and Vanessa Bryant is on board – Yahoo Sports
Brooklyn Nets star Kyrie Irving thinks the NBA’s logo needs an update. Irving posted a picture on Instagram on Wednesday suggesting the league alter its logo to honor Los Angeles Lakers legend Kobe Bryant. What would that look like? Irving has an idea. Irving added his reasoning to the post, saying “Gotta Happen, idc what anyone says. BLACK KINGS BUILT THE LEAGUE.” Bryant’s widow, Vanessa Bryant, is on board with the idea. She shared Irving’s picture of the logo, saying “love this…. Source link
Read More »