(Reuters) – China’s top securities regulator defended their crackdown on various industries in a private meeting with Wall Street executives, Bloomberg News reported on Saturday. Investors’ concerns over the regulatory crackdown has led to sharp sell-offs on China’s share markets, reducing the market capitalisation of some of its largest companies including Alibaba Group Holding Limited. China Securities Regulatory Commission (CSRC) Vice Chairman Fang Xinghai explained during the meeting that… Source link

For , it’s starting to feel more like March 2020 than September 2021. Cities across the country have tightened up on mask wearing, or are insisting on COVID-19 vaccination status as a way to instill confidence among customers and protect the community. However, in some regions, as the Delta variant casts a new cloud over the industry’s outlook. In a consumer survey recently conducted by the National Restaurant Association, 19% of respondents said they’ve stopped going out to eat in… Source link

BOULDER, Colo. (CBS4)– Google is expanding its real estate in Boulder. The company purchases another building near Pearl Street. Google’s Boulder Campus (credit: CBS) Reve Boulder is a mixed-use development at 30th and Pearl. It will soon be turned into an extension of Google’s nearby campus. (Photo by Adam Berry/Getty Images) Google has been in Boulder since 2006 and said it is excited to be growing its presence in Colorado. Source link

Earlier this month, social media was set abuzz by DoorDash (DASH) drivers in California protesting outside the home of CEO Tony Xu, in an effort to push for more transparency around tips and higher wages. Roughly 50 delivery app drivers, part of the advocacy groups We Drive Progress and Gig Workers Rising, traveled caravan style to the front of Xu’s house in the Pacific Heights neighborhood of San Francisco.  The incident underscored the widening gap between wealthy Silicon Valley startup… Source link

The jailed opposition figure Alexei Navalny has been laboring for years to help citizens in specific jurisdictions unite their protest votes in favor of the candidate most likely to snag a seat from President Vladimir Putin’s party. The “Smart Voting” tool, supported by a smartphone app called “Navalny,” released its recommendations last week — but the government banned the project in June and labeled its organizers “extremists.” This label has been the justification for… Source link

SAN FRANCISCO, CALIFORNIA – SEPTEMBER 16: A pedestrian walks by a help wanted sign posted in the window of hardware store on September 16, 2021 in San Francisco, California. Unemployment claims inched up to 332,000 from a pandemic low of 312,000 a week before. (Photo by Justin Sullivan/Getty Images) Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost… Source link

Google has abused the dominant position of Android in India to illegally hurt competitors in the world’s second largest internet market, a two-year antitrust probe by the nation’s watchdog has found. The Android-maker reduced device manufacturing firms’ ability and incentive to develop — and sell — devices running alternative versions of Android (more popularly known as forks), the probe found, according to two people have have been briefed on the… Source link

Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017. Prakash Singh | AFP | Getty Images Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s Google reduced “the ability and incentive of device manufacturers to develop and sell… Source link

Antitrust findings latest setback for Google in India Google also leveraged Play Store’s dominance – report Google under antitrust investigation since 2019 NEW DELHI, Sept 18 (Reuters) – Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s (GOOGL.O) Google reduced “the ability and incentive of device… Source link

Hello and welcome to Daily Crunch for Friday, September 17th! What a week, ya’ll. It is now just days before Disrupt, which means the TechCrunch hive is buzzing. I’ll leave it by noting that Reid Hoffman is coming, which is going to be a treat. See you next week! — Alex The TechCrunch Top 3 Profits > Ethics: Apple and Google have removed a “tactical voting app created by the organization of jailed Kremlin critic Alexei Navalny” from their marketplaces,… Source link