In the latest bit of regulatory woe for Big Tech in Europe, Google is trying to settle a German antitrust investigation into its news licensing product by offering not to expand the display of News Showcase “story panels” into general search results. The German Federal Cartel Office (FCO) announced today that the company has proposed several measures in response to its antitrust concerns — which also include taking steps to put clear blue water between News Showcase contracts and… Source link

Texans should be very concerned about Google’s use of consumer data and privacy policies that are disguised by indecipherable legalese. New evidence and investigations have revealed much regarding Google’s data collection and its abuse of such information.   Alarming evidence reveals how Google is providing the Federal Government information about users who search for particular terms. Imagine being contacted or questioned because you simply searched someone’s… Source link

Inflation has become one of the top economic issues in the U.S., and the Biden administration is acting accordingly with various policy actions. U.S. consumer prices rose 0.5% in December and 7.0% on a year-over-year basis, according to the Bureau of Labor Statistics. It’s the fastest rate since 1982.  Two of the biggest drivers of price spikes over 2021 have been in food and energy which is likely the reason the White House has focused on both of those sectors both for inflation as well as… Source link

Yahoo workers in Japan have been told that they can work from anywhere in the country rather than return to the office – and commute by plane when necessary.  Around 8,000 employees will benefit from the change, which takes effect on April 1, the company said in a statement on Wednesday. More than 90 per cent of employees are already working remotely and Yahoo President Kentaro Kawabe said their performance has held or improved at home, Japan Times reported. The new flexible working policy… Source link

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Tesla (TSLA) strong rally this week points to more gains ahead, according to Wedbush, with the U.S. electric vehicle maker primed to transform the auto industry after ending 2021 on a strong note. Better-than expected fourth quarter delivery figures spurred investors to remain bullish on Tesla’s stock, while the electric vehicle (EV) maker’s new Gigafactory in Austin, Texas preps for production this month.  “We’re seeing, it’s a $5 trillion market opportunity in terms of EV and it’s the… Source link

The new year has not been kind to cryptocurrencies, which rose on Wednesday despite about a week of selling that briefly drove Bitcoin below $40,000. A jittery market has begun 2022 on a sour note, with a suddenly hawkish Federal Reserve and the Omicron wave of COVID-19 infections making investors risk-averse. Meanwhile, Bitcoin set a new low at $39,893.62 — having swooned by more than 40% since its November peak. Bitcoin has shed over 8% at its weakest levels this week, while smaller tokens… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, January 12, 2021 Working from home has drawbacks — for the working class Last week, Eric Adams, New York City’s newly-inaugurated mayor, ignited a social media firestorm when he pointed out the obvious: big companies are hurting retail, eateries and small businesses by prolonging return-to-office plans. Office workers “are part of… Source link

As the pandemic enters its third year, some of America’s COVID-era shopping habits — including strong demand for tequila and sweatpants — are here to stay. Driving the news: Axios worked with Google Trends and the Schema Design firm to create The New Normal, which analyzes the products Americans have Googled since 2020. Items with a lasting increase in search interest help fill in the details of what our “new normal” looks like. We have had to stock home offices for the long haul, leading… Source link

Yahoo Japan is telling its 8,000 employees they can work anywhere in the country — and even be flown into work when the job requires it — bucking the trend of companies looking to return workers to offices in the third year of the coronavirus pandemic. The program takes effect April 1 and allows employees to commute by plane, which wasn’t previously an option, the company said in a statement Wednesday. While Yahoo is best… Source link