Tag Archives: calls

(Bloomberg) — China’s largest cross-border brokers plummeted in U.S. premarket trading after a central bank official questioned the legitimacy of their operations amid Beijing’s continuing crackdown on private enterprise. Most Read from Bloomberg These online brokers are engaged in “illegal financial activities” because they have no “driving licenses” to operate in China, Sun Tianqi, a senior People’s Bank of China official wrote in an article published on the website of Finance… Source link

Tensions between Roku and Google spilled over to customers in a new blog posted by the streaming service on Thursday. After months of failed negotiations for Roku to maintain the YouTube app, the company is accusing Google of anti-competitive demands. Responding to the deadlocked negotiations, Google said that it would end all distribution of YouTube on new Roku devices after December 9th. In its Thursday blog post, Roku accused Google of making anti-competitive demands in carriage… Source link

Sundar Pichai, chief executive of Google and parent company Alphabet Inc., GOOG 0.91% said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments. In the wake of recent cybersecurity breaches attributed to Chinese and Russian hackers, Mr. Pichai said the time had come to draft the equivalent of a Geneva Convention for technology to… Source link

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter/File Photo SYDNEY, Sept 28 (Reuters) – Australia’s antitrust watchdog said it wants the power to curb Google’s use of internet data to sell targeted ads, saying the Big Tech firm dominated the market to the point of harming publishers, advertisers and consumers. The comments, in a report published Tuesday, set up another possible showdown… Source link

Google is announcing even more Workspace features today, part of an increased cadence of changes to the company’s office and communications software suite over the past year or so. Today’s announcement is a bit of a milestone, however. Although there is still the smattering of small and coming-soon updates, the bigger change is that Gmail is getting a redesign that reveals its true nature in Google’s eyes: the central hub for every Google communication app. To begin, Google is… Source link

(Bloomberg) — George Soros criticized BlackRock Inc.’s China push as a risk to clients’ money and U.S. security interests, in the billionaire financier and philanthropist’s latest broadside against investment in the world’s second-largest economy. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in an op-ed in the Wall Street Journal. “It is likely to lose money for BlackRock’s clients and, more important, will damage the national security… Source link

Federal Reserve Bank of Dallas President Robert Kaplan said rising concerns over the spread of the Delta variant have not materially changed his call to start the process of pulling back on the central bank’s extraordinary monetary stimulus in September. “I’m going to be suggesting that we should move toward announcing a plan as early as our September meeting and begin our tapering process in October,” Kaplan told Yahoo Finance in an interview on Thursday. Kaplan’s comments come as the… Source link

BackyardProduction / Getty Images/iStockphoto So far, about 2.8 million Americans have signed a petition calling for $2,000 monthly stimulus checks for every American. This petition was started by Stephanie Bonin, a Colorado restaurant owner, and was first posted on Change.org last year, reports Business Insider. See: Fourth Stimulus Checks Are Coming From These States — Is Yours on the List?Stimulus Update: States Give Out Thousands of Bonus $1,000 Checks – Will You Get One? Since gaining… Source link

The recent increase in coronavirus cases in the U.S. amid ongoing vaccine hesitancy has led to many public health officials calling for states to reconsider their relaxation of COVID restrictions. This comes as the U.S. continues its push to get more Americans vaccinated, as 58.1% of those at the age of 12 and older are fully vaccinated, according to CDC data, and 67.6% have received at least one dose. (Herd immunity is estimated to occur when 75% of any community has immunity.) “We have… Source link

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link