Monthly Archives: August 2021

Chinese Tech Stocks Rally to Start Week as Investors Eye Bottom

(Bloomberg) — Chinese technology shares climbed on Monday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector. The Hang Seng Tech Index rallied 1.1%, led by live streaming giant Kuaishou Technology and Alibaba Health Information Technology Ltd. Food delivery company Meituan erased earlier losses and rose 1.5% ahead of its results, which showed second-quarter revenue beating estimates while losses continued. The rally came… Source link

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UPDATE 2-New Zealand reports first death linked to Pfizer COVID-19 vaccine

(Adds Pfizer response; paragraphs 6-8) By Praveen Menon WELLINGTON, Aug 30 (Reuters) – New Zealand reported its first recorded death linked to U.S. drugmaker Pfizer’s COVID-19 vaccine, the health ministry said on Monday, after a woman suffered a rare side effect leading to inflammation of her heart muscle. The news of the death comes as the country battles an outbreak of the Delta variant after nearly six months of being virus free. It followed a review by an independent panel monitoring the… Source link

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Australia considers new laws for Apple, Google, WeChat digital wallets

A customer uses an Apple iPhone to pay via the Apple Pay system, from their Santander account, at the check-out inside a Pret A Manger store. Chris Ratcliffe | Bloomberg | Getty Images The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple and Alphabet‘s Google. Treasurer Josh Frydenberg said he would “carefully consider” that and other recommendations from a government-commissioned report into whether the… Source link

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Australia considering new laws for Apple, Google, WeChat digital wallets

A smartphone with the Apple Pay logo is placed on a displayed Google Pay logo in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration SYDNEY, Aug 30 (Reuters) – The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O). Treasurer Josh Frydenberg said he would “carefully consider” that and other recommendations from a government-commissioned report… Source link

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Asia Stocks Steady as Traders Mull Powell Remarks: Markets Wrap

(Bloomberg) — Asian stocks were steady Monday and Treasuries held an advance as traders weighed Jerome Powell’s signal that pandemic-era Federal Reserve policy support will be withdrawn cautiously and gradually. Shares gained in Japan, slipped in Hong Kong and fluctuated in China, where Beijing’s regulatory broadside remains in focus. U.S. futures were steady after a record Wall Street close in the wake of Chair Powell’s Jackson Hole speech. Powell said the Fed may start paring bond… Source link

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Yahoo! India! shuts! down! news! operation! – The Register

In brief Clearview AI’s controversial facial-recognition system has been trialed, at least, by police, government agencies, and universities around the world, according to newly leaked files. Internal documents revealed by BuzzFeed News show that Clearview offered its technology to law enforcement agencies, governments, and academic institutions in 24 countries, including the UK, Brazil, and Saudi Arabia, on a try-before-you-buy basis. The… Source link

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What to know this week

New data on the U.S. labor market will be in focus this week, offering an updated look at how economic activity has been impacted as the spread of the Delta variant ramped up in the U.S. over the summer. The Labor Department’s August jobs report will be the marquee economic report out this week. Consensus economists expect to see that a still-robust 750,000 jobs came back in August, according to Bloomberg data. This would represent a significant print by pre-pandemic standards, but still mark… Source link

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What the Tech? How to Blur Your House from Google Street View

Posted: Aug 29, 2021 12:46 PM CDT by Alabama News Network Staff You’ve probably looked at your house on Google Earth or Google Street view. Maybe you’vevirtually walked down your street to see the neighborhood. Initially, you might have thought it was pretty cool. But to someone looking to break into houses, those images give the bad guys a lot of information to help them decide which house to… Source link

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Why the overturned eviction moratorium may be too little, too late for both renters, landlords

The Supreme Court’s decision last week to strike down the pandemic-era eviction moratorium may arrive too late for many struggling independent landlords, even as it appears to heighten the risk of eviction for tenants behind on their rent. Thursday’s decision by the U.S. high court found that the Centers for Disease Control and Prevention (CDC) lacks authority under federal law to impose an eviction ban, which was set to expire on October 3. The court stressed that Congress, rather than… Source link

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