Novak Djokovic reportedly denied entry to Australia

Novak Djokovic has received a medical exemption to compete in the Australian Open without being vaccinated against COVID-19, but that same medical exemption could end up preventing him from entering the country.  Djokovic has been denied entry to Australia due to a visa mixup. According to the Times of London, a member of Djokovic’s team applied for the wrong class of visa — one that doesn’t apply to people who have gotten a medical exemption — and Djokovic’s stuck at the airport without… Source link

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Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure

Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting “greedy when others are fearful.” And his right-hand man Charlie Munger isn’t opposed to going against the herd, either. Best known as Berkshire Hathaway’s vice chairman and Buffett’s long-time business partner, Munger also serves as the chairman of Daily Journal, a newspaper publisher with a sizable stock portfolio of… Source link

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Riddell launches Axiom, latest helmet to combat concussions

Football helmets received a facelift on Wednesday as for the first time in roughly seven years, Riddell, the leading helmet manufacturer in the NFL and college football, launched a new helmet in an effort to prevent concussions. As evidence of chronic traumatic encephalopathy (CTE) in former NFL players continues to appear in the brains of deceased NFL players, Riddell hopes the new Axiom helmet can help combat head injuries through a combination of the latest helmet technologies. “This is… Source link

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December private payrolls rose by 807,000, far exceeding expectations: ADP

U.S. private employers added jobs at a much faster-than-anticipated rate in December, helping to alleviate some worker shortages as the tight U.S. labor market persisted.  The U.S. economy saw 807,000 private payrolls return in the final month of 2021, ADP said in its closely watched report on Wednesday. This compared to the 410,000 job gains consensus economists anticipated, based on Bloomberg data. Employers had brought back 505,000 jobs in November, according to ADP’s revised estimate… Source link

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German watchdog puts Google under closer antitrust scrutiny

LONDON (AP) — Germany’s antitrust watchdog paved the way Wednesday for extra scrutiny of Google by designating it a company of “paramount significance,” the first to get that label since regulators got more power to curb abusive practices by big digital companies. The Bundeskartellamt said its decision comes after rules were introduced last year that allow it “to intervene earlier and more effectively” to ban companies from using anti-competitive practices. The… Source link

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Germany’s antitrust probe of Google products steps up a gear – TechCrunch

In a decision as significant as it is unexpected, Germany’s antitrust regulator has concluded that Google’s business meets the threshold for special abuse control which was established under an update to competition law targeted at digital giants and passed at the start of last year. The finding that Google has “paramount significance across markets” is the first such decision taken by Germany’s Federal Cartel Office (aka the Bundeskartellamt) — which has ongoing procedures… Source link

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‘China is uninvestable,’ says Bond king Jeffrey Gundlach

Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach.  “China is uninvestible, in my opinion, at this point,” the bond king told Yahoo Finance in an interview at his California estate. “I’ve never invested in China long or short. Why is that? I don’t trust the data. I don’t trust the relationship between the United States and China anymore. I think that investments in China could be confiscated. I think there’s a risk of… Source link

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Yandex, Wink partner on hockey TV channel

Russian internet group Yandex, in coperation with the video-streaming service Wink from telecom operator Rostelecom, has launched a project for an ice hockey TV channel, reports Vedomosti. The new channel will show hockey matches 24/7 and be available on the web platforms Wink and Yandex.Sport. Source link

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Google Basically Pays Apple to Stay Out of the Search Engine Business, Class Action Lawsuit Alleges

Apple has an agreement with Google that it won’t develop its own internet search engine so long as Google pays it to remain the default option in Safari, a new class action alleges. Filed in a California court earlier this week against Apple, Google, and their respective CEOs, the lawsuit alleges the two companies have a non-compete agreement in the internet search business that violates US antitrust laws. Specifically, the complaint charges Apple CEO Tim Cook and Google CEO Sundar Pichai of… Source link

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