Looking at where the Nasdaq stands, being both up 2% today but also down 27% YTD, VettaFi’s Financial Futurist, Dave Nadig, was on hand on Yahoo Finance’s “ETF Report” to discuss how he believes this market evolution will impact ETFs in general. On a general basis, Nadig notes that ETFs have held up wonderfully, as that’s the nature of their structure. With that in mind, when there are market downturns, such as what’s going on currently, investors do tend to… Source link
Read More »Russia says it will no longer disclose the names of organizations that use its alternative to the SWIFT payment system
Russian central bank governor Elvira Nabiullina said most Russian banks and 52 foreign organisations from 12 countries had access to the country’s alternative to Swift.Shamil Zhumatov/Reuters Some Russian banks have been banned from the SWIFT banking system due to the Ukraine war. Russia is now urging the use of its alternative System for Transfer of Financial Messages. Russia’s central bank said it will stop revealing the names of those participating in its alternative to SWIFT. Russia’s… Source link
Read More »Google’s alternative billing, Instagram’s chronological feeds, digital driver’s licenses – TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. Global spending across iOS, Google Play and third-party Android app stores in China grew 19% in 2021 to reach $170 billion. Downloads of apps… Source link
Read More »Google to Allow Alternative In-App Payments for Spotify Users, a New Step in App Battle
Spotify Technology SA has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software. The streaming music service and Alphabet Inc.’s search giant announced the deal Wednesday, allowing Spotify’s SPOT 0.75% app within the… Source link
Read More »Yandex, the Russian alternative to Google, on the verge of collapse
The fine line of “unprecedented” sanctions against Russia 2:38 London (CNN Business) — Yandex, Russia’s biggest search engine, could collapse as the financial fallout from the Ukraine invasion spreads. Yandex, which controls around 60% of Russia’s Internet search traffic and operates a large trucking business, warned late on Thursday that it may be unable to pay its debts as a result of the financial market collapse triggered by the unprecedented wave of sanctions from the… Source link
Read More »Google Play to support alternative billing systems in South Korea, following new law – TechCrunch
Following the passage of the so-called “anti-Google law” in South Korea, Google has announced it will comply with the new mandate by giving Android app developers on Google Play the ability to offer alternative payment systems alongside Google’s own. The legislation represents the first time a government has been able to force app stores to open up to third-party payment systems for in-app purchases — a change that could impact both app stores’ revenues, as developers look to… Source link
Read More »Google outlines plans for first alternative in-app payments in South Korea
Google has announced changes it will make to its in-app payments options in South Korea — a significant step back for the tech giant as governments around the world seek to curb the control Google and Apple wield over their mobile ecosystems. In a blog post, Google says it will allow third-party payment options for in-app purchases to appear alongside its own Google Play billing system in Android apps. The company will still charge developers a commission if users pay using a… Source link
Read More »Australia plans to make Google offer alternative search engines on smartphones
A smartphone with a Google app icon is seen in front of a displayed Australian flag in this illustration, Jan. 22, 2021. REUTERS/Dado Ruvic/Illustration/File Photo SYDNEY, Oct 28 (Reuters) – An Australian regulator said it wants to make Google install a “choice screen” on smartphones so users can pick another search engine if they want, a step toward challenging the Alphabet Inc unit’s dominance of the search market. The Australian Competition and Consumer Commission (ACCC) also wants to… Source link
Read More »Android Auto gets another navigation alternative to Google Maps
Google Maps is generally pretty darn great, but it’s always good to have alternatives. There have been a variety of new navigation tools for the Android Auto system over the last few months, including Waze, TomTom, and Gaia, all taking advantage of new third-party API options. The latest is Yandex.Maps, the popular mapping app from Russia-based Yandex. The Android Auto functionality may have been active earlier this month with version 10.5.0 of the app. But the new addition has now… Source link
Read More »Bipartisan bankruptcy reform bill proposes alternative to forgiveness hope or lifelong debt
While some progressive Democrats continue to push the president to cancel student loan debt, there’s a bipartisan effort underway to overhaul the student loan system in another way: by making bankruptcy discharges more accessible for student debtors. Senate Majority Whip Dick Durbin (D-IL), who chairs the Senate Judiciary Committee, and Senator John Cornyn (R-TX) announced a new bill called the “FRESH START Through Bankruptcy Act of 2021” last week to better enable borrowers to seek a student… Source link
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