Google logos. Photo credit: LOIC VENANCE/AFP AFP via Getty Images South Africa’s Fourth Estate “is on its knees” as Google and Meta’s dominance has captured 97% of all digital advertising in the country, creating an “extinction crisis” for the media. This is the view of Ishmet Davidson, the chief executive officer of News24, South Africa’s largest digital news publisher, which is owned by internet firm Naspers. He was testifying at the country’s Competition Commission inquiry… Source link
Read More »Chinese fighter jet cut in front of an Australian plane and dumped debris into its engine, likely forcing it to abort its mission
A J-16 fighter jet in Changchun, China, in 2019.STR/AFP via Getty Images A Chinese jet cut in front of an Australian plane and fired debris into its engine, officials said. Australia’s defense ministry said the incident happened on May 26 over international waters. Chinese aircraft regularly “buzz” or try to interfere with foreign aircraft near their airspace. A Chinese fighter jet veered in front of an Australian military plane and fired off a cloud of debris that entered its engine,… Source link
Read More »Economic strength is forcing the Fed to get more aggressive
On Tuesday, we learned U.S. employers had a record 11.5 million job openings as of March. That’s arguably the clearest sign that the economy is booming, as hiring workers isn’t cheap and most employers would only do it if they didn’t already have the staff to keep up with demand. Currently, there are just 5.9 million people who are unemployed. In other words, there are nearly two job openings per unemployed person. The mismatch means that workers have a lot of options, which means they… Source link
Read More »Democratic governor warns against ‘echoing Socialist Party lines’ and forcing Big Oil to drill
Gas prices in the U.S. keep going up and up, and Washington’s Democrats have found a convenient scapegoat for the pain inflicted on American drivers — Big Oil. President Joe Biden says oil companies “shouldn’t pad their profits” while crude oil prices fall. Meanwhile, Democrats are pushing for a windfall tax on oil profits, and industry CEOs may face a grilling in Congress next month. But halfway around the U.S., the Democratic governor of an important oil-producing state has a… Source link
Read More »Passenger hospitalized after forcing open an emergency exit door and jumping out of moving plane at LAX
A man was hospitalized after jumping out of a plane at LAX on Friday night, officials said. The passenger got out of his seat and pounded the cockpit doors before jumping, ABC 7 reported. Authorities are now investigating the man’s motive, according to CNN. See more stories on Insider’s business page. A passenger forced open the emergency exit door of a plane and jumped out while it was taxiing away from the gate area at Los Angeles International Airport (LAX) on Friday night, ABC 7… Source link
Read More »Apple, Google forcing a rethink in advertising industry: Maurice Levy
Maurice Levy, chair of French multinational advertising and public relations company Publicis Groupe Dominique Charriau | Getty Images Digital privacy moves from Apple and Google are forcing the advertising industry to reconsider the way it works, Publicis Groupe’s Maurice Levy told CNBC. The chairman of the world’s third-biggest advertising company said changes to Apple’s iOS smartphone software and Google’s Chrome web browser meant advertisers were having to “revisit the whole way we are… Source link
Read More »Key injuries forcing 49ers to prepare for their future | PFT on Yahoo Sports – Yahoo Sports
[unable to retrieve full-text content]Key injuries forcing 49ers to prepare for their future | PFT on Yahoo Sports Yahoo Sports Source link
Read More »Australia now has a template for forcing Facebook and Google to pay for news – TechCrunch
Australia is closing in on a legally binding framework to force adtech giants Facebook and Google pay media companies for monetizing their news content when it’s posted to their social media platforms or otherwise aggregated and monetized. Back in April the country’s government announced it would adopt a mandatory code requiring the tech giants to share ad revenue with media business after an attempt to negotiate a voluntary arrangement with the companies failed to make… Source link
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