The logo of Russia’s state communications regulator, Roskomnadzor, is reflected in a laptop screen showing Google start page, in this picture illustration taken May 27, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo MOSCOW, Oct 25 (Reuters) – U.S. tech giant Google has paid Russia more than 32 million roubles ($455,079) in fines for failing to delete content Moscow deems illegal, the company and a Russian lawmaker said after talks on Monday. Russia last week said it would seek to fine… Source link

Getty images The former Google CEO and his wife, Wendy, announce the winners of their nearly year-long global competition to find and fund teenagers committed to changing the world. It’s just the beginning. Aryan Sharma is a promising 16-year-old in India. He’s already founded a couple small companies, one focused on education and another aimed at helping working-class Indians find jobs, but he has bigger ideas for ways to merge artificial intelligence and medicine. The… Source link

Join us here for the Yahoo Finance All Markets Summit: The Path Forward on Monday, Oct. 25 from 9:00 a.m. – 5:00 p.m. ET. It will be an all-virtual event hosted live from the Nasdaq in New York’s Times Square and will connect Yahoo Finance’s audience with leaders and influencers in business, finance, cryptocurrencies, health care, public policy, social justice, philanthropy, climate change, and more.  Speakers will examine the new dynamics at work in an ever-changing and increasingly… Source link

Cryptocurrency lending company BlockFi is partnering with investment manager Neuberger Berman to launch a series of crypto investment products, like exchange-traded funds (ETFs), which are taking the digital currency market by storm. Only weeks ago, BlockFi filed with the Securities and Exchange Commission to list its “BlockFi Bitcoin Strategy ETF,” which kicks off a 75-day regulatory approval process. As proposed, the fund will hold Bitcoin (BTC-USD) futures contracts, similar to ETFs… Source link

Colgate University is using its billion-dollar endowment to address the issue of college affordability, starting with 600 freshman students this fall. To tackle the growing burden of student loan debt, the New York-based private liberal arts college earlier launched an initiative called the Colgate Commitment: An Initiative in Access and Affordability that will provide full tuition support for the lowest-income students and more, beginning with about 600 students in the class of 2026.  “We… Source link

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical investor I know worries about.’ So it seems the smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess how risky a company is. Importantly, Yandex N.V. (NASDAQ:YNDX) does carry debt. But the more important question is: how much risk is that debt… Source link

Despite the ever scary inflation headlines, the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) are flirting with record highs.  That’s counter to prevailing wisdom, right?  On paper, increasing inflationary pressure brought on mostly from the pandemic should be pounding corporate profit margins and weighing on outlooks. So far this earnings season, on balance that hasn’t happened and stock prices have been fast to jump on the less dire narrative, pros say.  “Investor sentiment had… Source link

(Bloomberg) — Few people could have predicted the downward spiral for Alibaba Group Holding, when founder Jack Ma delivered a blunt criticism of China’s financial system last October. Most Read from Bloomberg Yet one year on, the technology titan has lost a whopping $344 billion in market capitalization — the biggest wipe-out of shareholder value globally, according to data compiled by Bloomberg. Shortly after the now infamous speech, Beijing suspended the listing of its fintech arm Ant… Source link

By Krystal Hu and Anirban Sen (Reuters) – Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year’s election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump’s new social media venture to almost $12 billion…. Source link