(Bloomberg) — China unveiled a sweeping overhaul of its $100 billion education tech sector, banning companies that teach the school curriculum from making profits, raising capital or going public. Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardize billions of dollars in foreign investment. Companies that teach school subjects can no longer accept overseas investment, which could include capital from the offshore registered… Source link
Read More »Trump Announces Suit Against Facebook, Twitter & Google Over Bans
Former President Donald J. Trump on Wednesday sued three tech giants — Facebook, Twitter and Google — and the firms’ chief executives after the platforms took various steps to ban him or block him from posting. Mr. Trump, speaking from his Bedminster, N.J., golf club, announced that he would serve as the lead plaintiff in the class-action lawsuit, arguing that he has been censored wrongfully by the tech companies. Speaking about “freedom of speech” and the First Amendment — which… Source link
Read More »Bitcoin price drops after Turkey bans cryptocurrencies
Demand for cryptocurrencies in the country has been driven up recently by inflation pressures and a weaker Turkish Lira. The country’s annual inflation rose above 16% in March. Photo: Chesnot/Getty Images The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey’s central bank to ban cryptocurrencies for payments. The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger… Source link
Read More »The ‘rug has been pulled out’: Campaigns flop amid Facebook, Google ad bans
“This is an industry that built itself around Facebook and Google, and that rug has been pulled out from underneath them,” said Tim Cameron, a Republican digital strategist. “I wouldn’t be surprised to see layoffs on the digital side of the industry, as well as shifting to doing different types of work, like digital firms adding more mail or other traditional media to what they do.” The lingering pause on ads comes at a particularly painful moment for campaigns and party… Source link
Read More »Google bans political ads until the inauguration.
Google said it would not allow political ads on its platforms until after Inauguration Day because of last week’s violent uprising at the Capitol. In a letter to advertisers on Wednesday, the company said the suspension covered any ads that referred to candidates, the election or its outcome, the upcoming presidential inauguration, the impeachment process, the Capitol riots, or planned protests about any of these subjects. There will not be exceptions for news or merchandise advertisers. The… Source link
Read More »Google bans all political ads until Jan. 21
(CNN) – Google is banning all political advertising until at least Jan. 21, the day after President-elect Joe Biden’s inauguration. The tech giant’s ban covers multiple platforms, including YouTube. It comes after Google said it formally designated the capitol riots, the impeachment process and the inauguration as a quote “sensitive event.” The company sent a letter to marketers that went into greater detail. Google will restrict ads referencing candidates, the election, its outcome,… Source link
Read More »Google bans all political ads until Jan. 21
(CNN) – Google is banning all political advertising until at least Jan. 21, the day after President-elect Joe Biden’s inauguration. The tech giant’s ban covers multiple platforms, including YouTube. It comes after Google said it formally designated the capitol riots, the impeachment process and the inauguration as a quote “sensitive event.” The company sent a letter to marketers that went into greater detail. Google will restrict ads referencing candidates, the election, its outcome,… Source link
Read More »Google bans all political ads until Jan. 21
(CNN) – Google is banning all political advertising until at least Jan. 21, the day after President-elect Joe Biden’s inauguration. The tech giant’s ban covers multiple platforms, including YouTube. It comes after Google said it formally designated the capitol riots, the impeachment process and the inauguration as a quote “sensitive event.” The company sent a letter to marketers that went into greater detail. Google will restrict ads referencing candidates, the election, its outcome,… Source link
Read More »Twitter shares tumble more than 10% after site permanently bans Trump
TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link
Read More »Parler At Risk Of Going Offline After Bans From Amazon, Apple And Google
Topline Parler—a social media app increasingly popular among conservatives, including many who participated in Wednesday’s unrest at the U.S. Capitol—is on the brink of being booted from the Internet after Amazon, Apple and Google said they would cut ties with it, all within the span of 24 hours. Parler was founded by John Matze, Jr., Jared Thomson, and Rebekah Mercer in 2018. AFP via Getty Images Key Facts Amazon notified Parler on… Source link
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