Yearly Archives: 2021

What Investors Should Know About Google’s Latest 5G Deal

Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google recently partnered with Ericsson (NASDAQ:ERIC) to develop new 5G and edge cloud solutions for telecom companies and enterprise customers. Google already provides cloud services to Ericsson, one of the world’s top telecommunications equipment providers, but the new partnership will expand that relationship with the co-development of new services at Ericsson’s D-15 Labs in Silicon Valley, as well as a pilot… Source link

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Facebook, Google, Twitter and other tech firms could leave Hong Kong over doxxing bill, industry group says

The prospect of a retreat from Hong Kong was floated in a letter released publicly this week by the Asia Internet Coalition (AIC), a Singapore-based association that counts Facebook (FB), Twitter (TWTR) and Google (GOOGL) as members. The memo, which is dated June 25 and sent by the group to Hong Kong’s privacy commissioner for personal data, Ada Chung Lai-ling, pushes back on a recently introduced bill that seeks to crack down on doxxing. The practice refers to the sharing of private… Source link

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Tennessee AG suing Google | News

NASHVILLE, TN (WSMV) – Attorney General Herbert H. Slatery III is jumping onto a lawsuit filed by 37 other states Attorneys General to sue Google.  The suit claims that Google uses illegal, anticompetitive, and unfair business practices. Slatery is accusing Google of using its power to restrict competition with the Google Play Store which is in turn causing harm to consumers by limiting their choices. Slatery also claims that is driving up app… Source link

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Growth Potential Great for JD Stock, Despite Headwinds

Chinese retailer JD.com (JD) has taken investors on a wild ride this year. Since hitting a high of more than $108 per share earlier this year, shares of this embattled e-commerce player have sunk to below $70 per share of late. Indeed, there are many reasons for this. In general, investors appear to be wary of Chinese tech stocks right now due to regulatory and geopolitical risk. The Chinese government has begun to assert its power over these tech monoliths in a big way. If this power struggle… Source link

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Windows 11 taskbar is a downgrade, but it’ll eventually get better

If you’re lucky enough to meet the requirements for Windows 11, you’ll be losing some taskbar features when you upgrade to the new operating system. The new version of Windows 11 is based on modern WinUI, XAML and UWP components. It will sport a new File Explorer, Start Menu, Action Center, enhancements to Windows desktop apps interface, rounded corners, new context menus, faster performance, hardened security, and a centered taskbar. While this is certainly… Source link

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Hong Kong dismisses Google, Facebook warning over privacy laws | China News

Carrie Lam, the chief executive of Hong Kong, has brushed off a warning by major tech companies including Google, Facebook and Twitter that they may quit the Chinese-controlled city if authorities go ahead with plans to change privacy laws. Lam told reporters on Tuesday that the proposed changes would only target illegal “doxxing” – the act of sharing people’s private details online without their consent. That practice came under scrutiny in Hong Kong during the anti-government… Source link

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Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto

Associated Press Iraqi militia commander vows to avenge deaths in US strike The leader of an Iran-backed Iraqi militia has vowed to retaliate against America for the deaths of four of his men in a U.S. airstrike along the Iraq-Syria border last month, saying it will be a military operation everyone will talk about. Abu Alaa al-Walae, commander of Kataib Sayyid al-Shuhada, said in an exclusive interview with The Associated Press in Baghdad that the electoral victory of Iran’s hard-line… Source link

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Google, Facebook and other tech companies threaten to quit Hong Kong over privacy law | Hong Kong

An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws. The warning came in a letter sent by the Asia Internet Coalition, of which all three companies, in addition to Apple Inc, LinkedIn and others, are members. Proposed amendments to privacy laws in Hong Kong could see individuals hit with “severe sanctions”, said the 25 June letter… Source link

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Suning.com Gets $1.36 Billion State-Backed, Alibaba Bailout

(Bloomberg) — Chinese billionaire Zhang Jindong secured a $1.36 billion state-backed bailout for the troubled retail arm of his Suning empire, marking another step in Beijing’s efforts to clean up its heavily indebted conglomerates. A group of investors, led by the Nanjing state asset management committee and the Jiangsu provincial government, will take a 16.96% stake in Suning.com Co., according to a statement Monday. The deal was struck at 5.59 yuan a share, the near eight-year low the… Source link

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Bitcoin.org Hit With DDoS Attack, Bitcoin Demanded as Ransom

Shortly after being entwined in a legal decision in the U.K., the Bitcoin.org website has faced another battle, this time on the technical front. According to the site’s pseudonymous operator, Cobra, Bitcoin.org was hit with an “absolutely massive” distributed denial of service (DDoS) attack. CoinDesk was able to access the site without issue. Decrypt reported on Monday that attackers had demanded 0.5 bitcoin ($17,012) to have the site’s services and operations restored to… Source link

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