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In 1939, the Dongs, a Chinese American family in Coronado, California, found themselves unable to rent a house amid racially restrictive housing laws that favored white buyers and renters. Emma and Gus Thompson, a Black entrepreneurial couple in town, allowed the family to rent and eventually buy their Coronado property when nobody else would. Now, to thank the Thompsons for helping them get a toehold in American society, the Dongs are donating $5 million to Black college students using… Source link

Aurich Lawson | Getty Images For months, some of the biggest tech companies have been wrapped up in discussions with the European Commission (EC), seeking feedback and tweaking their plans to ensure their core platform services comply with the Digital Markets Act (DMA) ahead of that law taking force in the European Union tomorrow. Under the DMA, companies designated as gatekeepers—Alphabet/Google, Amazon, Apple,… Source link

The US Health and Human Services Department (HHS) announced Tuesday it would help doctors and hospitals find alternate claims processing platforms in order to help reboot the flow of business after a cyberattack on a UnitedHealth Group (UNH) subsidiary crippled operations of a large swath of America’s health systems for the past two weeks. The cyberattack on Feb. 21 paralyzed Change Healthcare, which is used by hospitals, doctors’ offices, and pharmacies to process payments and prior… Source link

US stocks popped on Wednesday, with techs vaulting back from a steep sell-off as investors digested Federal Reserve Chair Jerome Powell’s stance that interest rate cuts are still likely this year. The tech-heavy Nasdaq Composite (^IXIC) jumped about 0.8% after techs led a sharp slide in stocks more broadly on Tuesday. The S&P 500 (^GSPC) also added 0.8%, while the Dow Jones Industrial Average (^DJI) popped 0.6%, as both indexes came off losses of more than 1%. Powell’s testimony to Congress… Source link

The cryptocurrency market is a whirlwind of excitement and uncertainty, fueled by a fear of missing out (FOMO) and speculation about its future trajectory. Amid this frenzy, one of the most seasoned voices in investment, Warren Buffett, has consistently made clear his stance on the matter: he wants nothing to do with cryptocurrency. Speaking at Berkshire Hathaway Inc.’s annual shareholder meeting in 2018, Buffett described Bitcoin as “probably rat poison squared,” a sentiment reported by… Source link

The Google Nest Cam battery. Janhoi McGregor Google is adding Nest Aware and FitBit Premium to its Google One premium plan, the company has confirmed. Earlier today, some users on Reddit and Twitter received notifications stating that their Google One premium plan included the two additional services. Google has now confirmed to me that both Nest Aware and FitBit premium are rolled into the £7.99 ($9.99 in the U.S.) a month premium plan for U.K users. For the uninitiated, Google One is… Source link

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link

US stocks opened higher on Wednesday, with techs vaulting back from a steep sell-off as investors digested Federal Reserve Chair Jerome Powell’s stance that interest rate cuts are still likely this year. The tech-heavy Nasdaq Composite (^IXIC) jumped about 1% after techs led a sharp slide in stocks more broadly on Tuesday. The S&P 500 (^GSPC) added more than 0.6%, while the Dow Jones Industrial Average (^DJI) popped 0.5%, as both indexes came off losses of more than 1%. Powell’s testimony to… Source link

By Foo Yun Chee BRUSSELS (Reuters) – Lobbying groups representing airlines, hotels and restaurants on Wednesday warned that changes proposed by Alphabet’s Google to comply with EU landmark rules may drive users to large online search services at their expense. The comments from Airlines for Europe group that has Air France KLM and British Airways owner IAG as members, hotel group Hotrec, European Hotel Forum, Eurocommerce, Ecommerce Europe and Independent Retail Europe came after Google rolled… Source link

Schroder Investment Management Group raised its holdings in Yandex (NASDAQ:YNDX – Free Report) by 3.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,827,261 shares of the information services provider’s stock after buying an additional 235,216 shares during the period. Schroder Investment Management Group owned about 1.89% of Yandex worth $129,308,000 as of its most recent filing with the… Source link