The web is a living thing — ever-evolving, ever-changing. This goes beyond just the content on websites; whole domains can expire and be taken over, allowing corners of the internet to become a little like your hometown: Wait, wasn’t there a Dairy Queen here? For example, if TechCrunch forgets to pay its domain registrar, TechCrunch.com would eventually expire (on June 10, to be exact). At that point, some enterprising human could snap up the domain and do nefarious things with it…. Source link
Read More »Monthly Archives: April 2022
Unions are on the rise. Guess why.
Unions are coming back and it’s pretty obvious, (to most of us), why. The numbers are pretty small, but because the organizing has been at companies like Starbucks (SBUX), Amazon (AMZN), Google (GOOG, GOOGL), Activision Blizzard (ATVI), Etsy (ETSY) and even Apple (AAPL), the optics and implications are huge. “Starbucks was a company that everybody thought could not be organized. Amazon was a place people thought you didn’t even try to organize; digital media workers didn’t organize,”… Source link
Read More »Experts say China’s lockdowns will make inflation and the supply chain nightmare even worse
China’s strict COVID-19 lockdowns will exacerbate global supply chain woes and add to inflation in the coming months, experts say. President Xi Jinping’s zero-COVID policy is being tested as the country struggles to tame its worst virus outbreak yet. Frustration is rising over food shortages, people being locked down in their homes for weeks, and a policy of killing pet dogs suspected of being infected with COVID. While China’s tech hub Shenzhen has emerged from its nearly month-long… Source link
Read More »Cathie Wood Says Fed Won’t Hike as Much as Market Priced In
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Federal Reserve isn’t going to hike rates as much as markets are currently betting, according to Cathie Wood. The strategies of ARK Investment Management LLC, where Wood is founder and chief executive officer, have struggled recently amid fear of inflation, she said via video to the Seedly Personal Finance Festival in Singapore. The firm’s flagship ARK… Source link
Read More »Google, Meta, and others will have to explain their algorithms under new EU legislation
The EU has agreed on another ambitious piece of legislation to police the online world. Early Saturday morning after hours of negotiations, the bloc agreed on the broad terms of the Digital Services Act, or DSA, which will force tech companies to take greater responsibility for content that appears on their platforms. New obligations include removing illegal content and goods more quickly, explaining to users and researchers how their algorithms work, and taking stricter action on the… Source link
Read More »Trillions of Negative-Yielding Bonds Vanish
(Bloomberg) — After another wild week in global money markets, traders are betting big on the biggest regime shift in Europe in years: the end of the negative interest-rate era before 2022 is over. Most Read from Bloomberg Fueled by a flurry of hawkish monetary signals over the past week, the interest-rate swaps market now projects the European Central Bank will deliver three quarter-point hikes by December — winding down the eight-year experiment with sub-zero borrowing costs that’s… Source link
Read More »Yandex scales back “many planned investments,” withdraws 2022 financial guidance
In the instable environment created by Russia’s war on Ukraine, Yandex’s annual report to the US Security Exchange Commission (SEC) provides details on a range of pressing business issues and potential company risks. The report was issued Thursday by Yandex’s Netherlands-headquartered mother company, which has been listed on the Nasdaq since 2011. After the resignation of one of its top executive in March — Tigran Khudaverdyan, who was designated under EU and UK… Source link
Read More »EU sets new online rules for Google, Meta to curb illegal content
BRUSSELS, April 23 (Reuters) – Alphabet (GOOGL.O) unit Google, Meta (FB.O) and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong of EU antitrust chief Margrethe Vestager’s strategy to rein in Alphabet (GOOGL.O) unit Google, Meta (FB.O) and… Source link
Read More »Mark Jackson, Mike D’Antoni among familiar reported coaching candidates interviewing with Kings
While 16 teams remain alive for an NBA championship, the rest of the league is making plans for next season. For three teams — so far — this means finding a new head coach. The Charlotte Hornets fired head coach James Borrego on Friday and joined the Los Angeles Lakers and Sacramento Kings in their searches for a new bench leader. The Lakers and Kings previously parted with Frank Vogel and Alvin Gentry, respectively, after likewise missing the playoffs. Candidates emerge Per multiple… Source link
Read More »Nordstrom Settles Patent Suit After Yahoo’s $15M Trial Loss
By Lauren Berg (April 22, 2022, 6:26 PM EDT) — A California federal judge Friday signed off on an agreement dismissing Nordstrom Inc. from claims that it infringed Droplets Inc.’s patented technology for quickly updating web pages, just a month after Yahoo Inc. was hit with a $15 million infringement verdict over the same claims. U.S. District Judge Jon S. Tigar signed a stipulation noting that the small Texas company and the Seattle retail giant have settled the dispute and agreed… Source link
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