Topline Proposed anti-doxxing laws could soon make Hong Kong an unsustainable place to do business, warned an industry group representing some of the world’s largest tech companies—including Amazon, Apple, Google, and Facebook—in the latest sign of growing dissatisfaction as Beijing tightens its hold on the city. Hong Kong’s anti-doxxing law has been criticized as overly restrictive. getty Key Facts In a letter to Hong Kong’s data protection commissioner seen by… Source link
Read More »Monthly Archives: July 2021
Pfizer Shot Halts Severe Illness in Israel as Delta Spreads
(Bloomberg) — Pfizer Inc.’s vaccine was less effective at keeping people from getting the coronavirus in Israel in recent weeks, but it continues to provide a strong shield against severe Covid-19, according to government data. The vaccine protected 64% of people against the illness between June 6 and early July, down from a previous 94%. The drop was observed as the delta variant was spreading in Israel, the Health Ministry said. It also coincided with the lifting of virus restrictions at… Source link
Read More »10 Stocks Michael Burry is Selling
In this article, we discuss the 10 stocks Michael Burry is selling. If you want to skip our detailed analysis of Burry’s history, investment philosophy, and hedge fund performance, go directly to the 5 Stocks Michael Burry is Selling. Michael Burry, the chief of California-based Scion Asset Management, has been in the news recently after regulatory filings revealed that he had PUT options on more than 800,000 shares of Tesla, Inc. (NASDAQ: TSLA), the electric vehicle maker owned by… Source link
Read More »U.N. envoy compares Belarus to ‘totalitarian’ state
GENEVA, July 5 (Reuters) – The forced grounding of a passenger plane in Minsk shows the Belarussian government’s wish to end all forms of dissidence, the U.N. Special Rapporteur told the Human Rights Council on Monday, comparing its tactics with those of totalitarian states. Anaïs Marin told the Geneva-based forum that the forced landing of a passenger jet in Minsk which led to the arrest of an onboard journalist in May “illustrates the desire of authorities to end all forms of dissidence by… Source link
Read More »Bitcoin Supply on Exchanges Hits Six-Month Low
The amount of bitcoin held on exchanges has declined to a six-month low as the price of bitcoin has seen a 47% decline since its previous all-time high. Bitcoin held on exchanges has seen a continuous decline over the past couple of weeks. The supply held on exchanges has been declining since Mid-May. The current supply on exchanges based on the percentage of the total supply saw a new six-month low being hit. Low supplies of BTC on exchanges is bullish On-chain analysis company Santiment Source link
Read More »Facebook, Google, Twitter say could quit Hong Kong over proposed data laws- WSJ
A general view of the central financial district, in Hong Kong, China March 11, 2021. REUTERS/Tyrone Siu/File Photo July 5 (Reuters) – U.S. tech giants Facebook Inc (FB.O), Alphabet Inc’s (GOOGL.O) Google and Twitter Inc (TWTR.N) have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws, the Wall Street Journal reported on Monday, citing a letter. The laws could make the tech… Source link
Read More »SoftBank buys perpetual Yahoo trademark license for $1.6 billion – TechCrunch
As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place just a few blocks down the street at Verizon’s official headquarters in Midtown. The telco, which owns TechCrunch for hopefully just a few more weeks pending the close of the Apollo acquisition of our parent company Verizon Media, announced overnight that it had signed an agreement with Z Holdings, a division of Japan’s SoftBank Group, to sell… Source link
Read More »Binance’s CZ Gives Baby Doge Fans Something to Talk About
Now that Elon Musk has shined the spotlight on Baby Doge Coin, a meme coin that was inspired by its larger peer Dogecoin, other market leaders are beginning to pile on. Most recently, Binance CEO Changpeng Zhao (CZ) has played into the Baby Doge hype. CZ caused a stir in the Baby Doge community after responding to a tweet with a gif of baby puppies. The Binance chief merely referenced the license plate of the car in the gif, which reveals his initials CZ, saying “nice plate number.” While… Source link
Read More »What to know this week
Investors will return on Tuesday to a holiday-shortened week, with the stock market closed Monday in observance of the Fourth of July in the U.S. The central focus of the week will be on a handful of economic data reports, including the minutes from the Federal Open Market Committee’s (FOMC) June meeting. These are set to help give traders a better sense of when Fed officials might begin tapering their crisis-era asset purchase program and raising benchmark interest rates from their current… Source link
Read More »SoftBank pays $1.6 bln for Yahoo Japan rights
People walk in front of a logo of Softbank Corp at its branch in Tokyo March 2, 2011. Yahoo Inc is in advanced talks to exit its joint venture in Japan with Softbank Corp, a move that could lead it to focus on reaching a decision on its China assets. REUTERS/Toru Hanai TOKYO, July 5 (Reuters) – SoftBank’s internet business Z Holdings Corp (4689.T) said on Monday it has agreed to pay Verizon Communications Inc (VZ.N) 178.5 billion yen ($1.61 billion) to secure the rights to Yahoo branding… Source link
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