U.S. Senator Mike Lee (R-UT) speaks during the U.S. Supreme Court nominee Judge Amy Coney Barrett’s confirmation hearing before the Senate Judiciary Committee on Capitol Hill in Washington, D.C., October 13, 2020. Demetrius Freeman | Pool | Reuters A new bipartisan proposal takes aim at Google and would force it to break up its digital advertising business if passed. The Competition and Transparency in Digital Advertising Act was introduced Thursday by a group of key Senators on the Judiciary… Source link
Read More »Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too
Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too Fear is taking over. The S&P 500 is down about 16% of its value in 2022, while the tech-heavy Nasdaq has lost 26% over the same period. Investors are worried about rising interest rates, supply chain issues, and an economic slowdown. Billionaires are nervous, too. But they do have access to an asset class that has a proven track record of wealth protection:… Source link
Read More »Bill Browder, who once ran Russia’s largest foreign investment fund, says companies staying in Russia is like doing ‘business in Nazi Germany’
Investor and political activist Bill Browder (left) and Russian President Vladimir Putin (right)TOLGA AKMEN/AFP via Getty Images (left), Mikhail Svetlov/Getty Images (right) Bill Browder once ran Russia’s largest foreign investment fund — now he’s Putin’s “enemy.” In an interview with The New York Times, he said remaining in Russia is like doing “business in Nazi Germany.” He said all companies have a “moral obligation” to leave Russia, “no matter what the cost is.” Bill Browder — an… Source link
Read More »Search Engine Yahoo! Hit With $15 Million Patent Infringement Bill
Yahoo just got caught in a major plagiarism scandal and is having to pay up big. A federal jury in Oakland says the Sunnyvale-based web portal and online services company has to give a software company $15 million for infringing on its search technology patent. A Texas-based software company called Droplets Inc. has a patent on software, dating back to 2004, that lets users reach specific portions of a website without having to download the entire page, as the Chronicle reports. Other… Source link
Read More »Justice Department Backs Bill That Targets Amazon, Google, Apple: Report
Text size Thomas Samson/AFP via Getty Images The Department of Justice is backing legislation that would forbid… Source link
Read More »‘The Bond King’ author retells the rise and fall of Bill Gross
Nicknamed “the Bond King” by Fortune Magazine in 2002, Pacific Investment Management Company (PIMCO) founder Bill Gross made both a name and a very profitable empire managing bond funds. At the height of his career, Gross earned over $300 million in net returns and had accumulated almost $500 billion in assets. Then it all came tumbling down. Gross stepped down from PIMCO following a widely-publicized internal conflict between him and fellow chief executive Mohamed A. El-Erian. More… Source link
Read More »Crypto exchanges ‘should be shut down’ if they don’t suspend Russian accounts: Bill Browder
Asset manager Bill Browder, who for years specialized as an investor in major Russian firms, told Yahoo Finance on Tuesday that cryptocurrency exchanges should be closed if they do not suspend accounts owned by Russians. The remarks come days after Ukraine’s vice prime minister called on a slew of major cryptocurrency exchanges — including Coinbase (COIN) and Binance — to stop servicing Russian accounts that may help the country blunt or circumvent sanctions. Coinbase and Binance rejected… Source link
Read More »Longtime Putin nemesis Bill Browder’s grade on Western sanctions on Russia: ‘9.5 out of 10’
Bill Browder has pondered how best to put the squeeze on Vladimir Putin and Russia for nearly 20 years now. The financier and head of the Global Magnitsky Justice Campaign has been targeted by Putin for over a decade now and, in a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, offered up his grade of where things stand on sanctions so far. Those sanctions got a failing grade from Browder early on. Before the invasion, he gave the West just a two out of 10 and said the actions… Source link
Read More »New bill would require Facebook, Google and others to protect children
Sens. Marsha Blackburn, R-Tenn., and Richard Blumenthal, D-Conn., conduct a news conference in Capitol. Tom Williams | CQ-Roll Call, Inc. | Getty Images Two senators introduced a new bill Wednesday that would give online platforms a duty to act in kids’ best interests and prevent or mitigate the risk of certain harms including suicide, eating disorders and substance abuse. The Kids Online Safety Act was introduced by Sens. Richard Blumenthal, D-Conn., and Marsha Blackburn, R-Tenn., respectively… Source link
Read More »Donald Trump criticizes Bill Belichick’s medal refusal
A forthcoming book chronicling a turbulent 18-month snapshot of American politics will claim some new details surrounding one of the higher-profile rejections that former President Donald Trump experienced during his time in office: the refusal of the Presidential Medal of Freedom by New England Patriots coach Bill Belichick. In the book “This Will Not Pass: Trump, Biden, and the Battle for America’s Future,” New York Times reporters Jonathan Martin and Alexander Burns share an April 2021… Source link
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