Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link
Read More »Google welcomes third-party developers' Tiles to Wear OS – Yahoo Finance Australia
Bloomberg Greensill Says He Warned Credit Suisse Weeks Before Collapse (Bloomberg) — Lex Greensill said he told top Credit Suisse Group AG officials of his difficulties in securing fresh insurance to cover corporate loans underpinning his business for weeks before his supply-chain finance empire’s abrupt collapse.The ex-billionaire “regularly updated” executives including Chief Risk Officer Lara Warner on his problems in finding new cover after Australian insurer Bond and Credit Company… Source link
Read More »Google May Withhold Taxes From Non-US YouTube Creators
What’s Changing? What Will Creators Need to Do? How Much Will Creators Be Taxed? What Happens if I Don’t Submit Tax Information? What if I’m a Resident of the United States? Google will soon be required to withhold taxes on YouTube earnings generated from viewers in the United States. This change is going into effect as early as June. How much tax is withheld from YouTube creators depends on a few factors. If you live outside the United States and have a revenue-earning YouTube channel with a… Source link
Read More »Google Says Microsoft’s Stance on News Is Effort to Distract From Hack
A long-simmering feud between tech giants reignited on Friday, with Microsoft Corp.’s MSFT -0.58% president lashing out at Google and the search juggernaut’s top lawyer firing back. The unusual public squabbling, which included the lawyer saying that Microsoft is criticizing Google to distract from its own role in two recent high-profile hacks, came against the backdrop of a congressional hearing about the impact of online platforms on… Source link
Read More »Microsoft takes aim at Google as it supports bill to give news publishers more leverage over Big Tech.
Lawmakers on Friday debated an antitrust bill that would give news publishers collective bargaining power with online platforms like Facebook and Google, putting the spotlight on a proposal aimed at chipping away at the power of Big Tech. At a hearing held by the House antitrust subcommittee, Microsoft’s president, Brad Smith, emerged as a leading industry voice in favor of the law. He took a divergent path from his tech counterparts, pointing to an imbalance in power between publishers and… Source link
Read More »Google and Microsoft are in a public feud
Google and Microsoft openly sparred on Friday as the latter prepared to testify at a Congressional hearing focusing on Big Tech’s impact on local news. Microsoft targeted Google’s dominance in advertising as it described in congressional testimony how the tech industry has contributed to the erosion of local journalism. “The problems that beset journalism today are caused in part by a fundamental lack of competition in the search and ad tech markets that are controlled by… Source link
Read More »Google and Microsoft are in a public feud
Microsoft (MSFT) targeted Google’s dominance in advertising as it described in congressional testimony how the tech industry has contributed to the erosion of local journalism. “The problems that beset journalism today are caused in part by a fundamental lack of competition in the search and ad tech markets that are controlled by Google,” said Microsoft President Brad Smith in his written testimony to the House antitrust subcommittee. “This is not to make a statement about whether Google has… Source link
Read More »Chrome 89 helps in keeping Mac cooler, saves ‘significant memory’ on Windows: Google
Tech giant Google has detailed the efficiency improvements it made with Chrome 89, the latest version of its browser released earlier this month. According to The Verge, depending on whether a user is utilising the browser on Windows, macOS, or Android, Google said the browser should use fewer resources, launch quicker, and feel more responsive to use. However, there is no mention of any improvements specifically for users on iOS. The exact benefits… Source link
Read More »Microsoft, Google have nasty exchange over Journalism Competition and Preservation Act
BMO Capital Markets chief investment strategist Brian Belski on his outlook for the big tech stocks. Microsoft and Google are going head-to-head over new, bipartisan legislation that would help digital media companies and newspapers negotiate with Big Tech companies. The Journalism Competition and Preservation Act, which has been introduced in the House and Senate, would allow small news organizations to negotiate fees with the Big Tech companies of the world — like Google and Facebook –… Source link
Read More »Google offers New Yorkers training for tech careers
Posted: Mar 12, 2021 / 12:27 PM EST / Updated: Mar 12, 2021 / 12:27 PM EST NEW YORK – A free tech training course for New Yorkers is being powered by Google for those interested in working in tech, no degree or experience needed. Lisa Gevelber runs “Grow with Google” in New York City. She says the tech giant is providing four industry-recognized certificates for anyone who has a computer and desire for a paycheck in tech,… Source link
Read More »