Securities and Exchange Commissioner Hester Peirce expects an SEC proposal to expand the definition of an exchange as a backdoor way to regulate cryptocurrency exchanges, but does not anticipate the commission will formally introduce direct crypto regulation this year. “The expansive definition that’s being proposed for exchanges will cover a lot of potential platforms that haven’t thought necessarily that they would be covered and that’s in the traditional security space, as well as in the… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 3 (Reuters) – The Senate Judiciary Committee on Thursday voted to approve a bill that would rein in app stores of companies they said exert too much market control, particularly Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). The measure, sponsored by Democratic Senators… Source link

Google today announced a new version of Workspace, the company’s productivity service that you probably still refer to as G Suite. With the new — and free — Google Workspace Essentials plan, Google wants to bring more business users onto the platform by offering them the basic Workspace productivity tools — with the exception of Gmail. Until now, in order to use Workspace with a non-Google email address, you had to sign up for the $6/month/user Business Starter account after a… Source link

Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link

Bitcoin bull Michael Saylor says Meta should have stayed around longer in the crypto space. “The mistake [they made] was not getting into the crypto space. They wasted many, many years of their time with the project they invested in,” the MicroStrategy CEO and founder said on Yahoo Finance Live. This week, Diem — Facebook’s one-time crypto venture — said it sold its assets and intellectual property to crypto bank Silvergate Capital. Sale price: $182 million. The sale effectively ends… Source link

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours. These are the top- and bottom-line results for Amazon’s fourth quarter. Earnings per share: $27.75 vs $3.77 expected Revenue: $137.4 Billion vs $137.82 Billion expected AWS net sales: $17.78 Billion vs $17.23 Billion expected This is the third time since the launch of Amazon Prime that the e-commerce giant… Source link

TCL’s first Google TVs were supposed to be a triumphant flex for the second most popular TV manufacturer in the US. Long known for its easy-to-use Roku TVs, TCL has been trying to push the message that it’s adopting a platform-agnostic approach and will offer sets with software from either Roku or Google. (The company has already released many Android TV models internationally.) So with the latest update to its 6-Series — model name R646 — TCL set out to blend its best TV… Source link

Yahoo has promoted Elizabeth Herbst-Brady to lead its Global Revenue and Client Solutions and as part of that team, Josh Partridge has risen to the position of head of EMEA where he will be responsible for driving growth for the media company across each market. Source link

Confusion has led to a six-fold increase in searches related to Covid-related travel restrictions. getty Google search trends offer not only a fascinating window into the public’s most pressing questions, but they can also be a huge indicator of what’s driving ad dollars for the tech behemoth. Simply put, the more searches for a given topic, the more eyeballs that land on related ads. It’s nearly impossible to overestimate how the Covid-19 pandemic has impacted what… Source link

In his annual letter to CEOs this year, BlackRock CEO Larry Fink urged other chief executives to harness the “power of capitalism” to influence society and serve as a catalyst for positive change. Progressive Congresswoman Alexandria Ocasio-Cortez, a democratic socialist, has a very different view on the nature of capitalism. In a new interview with Yahoo Finance taped on Jan. 27, Ocasio-Cortez suggested that people often have different definitions of terms like socialism or capitalism. “When… Source link