Tag Archives: Global

Apollo Global Management is thinking about taking part in a bid for Twitter, a Wall Street Journal report said Monday (April 18). This comes after the $43 billion bid from Elon Musk, the current richest man in the world and the CEO of Tesla. Twitter, despite being a popular platform, has had issues trying to grow, the report said. Apollo is one of the biggest buyout firms in the world. It has held discussions already about backing a potential deal for Twitter. That could give Musk or someone… Source link

(Bloomberg) — DiDi Global Inc. tumbled Monday, after the Chinese ride-hailing giant said it’s planning to delist its U.S.-traded shares before it finds a new venue for the stock. Most Read from Bloomberg DiDi’s American depositary receipts sank 18% to $2.01 after it set an extraordinary general meeting for May 23 to vote on delisting its shares from the New York Stock Exchange. While the company will continue to explore listing on another internationally recognized exchange, DiDi said it… Source link

AHL’s San Diego Gulls to Debut Facial Ticketing and Concession Payments By Andrew Cohen April 20, 2022 The American Hockey League’s San Diego Gulls will debut facial recognition ticket admission and concession payments for tonight’s game against the Abbotsford Canucks at Pechanga Arena in San Diego. The deployment is the first of its kind through a partnership between facial verification company PopID and ASM Global, which operates more than 300 sports and entertainment… Source link

(Bloomberg) — A growing list of risks is turning China into a potential quagmire for global investors. Most Read from Bloomberg The central question is what could happen in a country willing to go to great lengths to achieve its leader’s goals. President Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrative is gaining momentum as the Communist Party doggedly pursues a Covid-Zero strategy and unpredictable… Source link

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The fastest inflation in decades and the resulting rush by central banks to raise interest rates are stoking recession fears in financial markets — worries that are being compounded by the impact of aggressive coronavirus lockdowns in China and the war in Ukraine. In the last week alone, the the U.S. and U.K. logged inflation accelerating the most since the… Source link

(Bloomberg) — U.S. Treasury yields’ advance to a three-year high kicked off a global jump in borrowing costs as traders refocused on intensifying bets on rate hikes from major central banks. Most Read from Bloomberg Ten-year U.S. yields climbed through 2.75% for the first time since March 2019 as investors priced in the impact of the Federal Reserve’s tightening plan and accelerating inflation. Traders are betting on nine quarter-point Fed rate hikes by year-end, which — including last… Source link

While the United States has suffered one of the deadliest COVID-19 outbreaks of any country on earth, the economic devastation of the pandemic has struck most acutely in countries mired in extreme poverty. Global wealth inequality worsened during the pandemic, concentrating 76% of wealth in the hands of the richest 10% and reserving just 2% of wealth for the bottom half of earners, according to a report released by World Inequality Lab in December. Coping costs, or the added economic burden… Source link

Your article “Yandex triggers security concerns by sending app data home to Russia” (Report, March 30) raises a number of important points around data collection and storage, and user privacy. However, I would like to more fully reflect Yandex’s position. AppMetrica is a mobile app analytics solution that helps developers improve the in-app experience. It operates in the same way as international peers such as Google Firebase, Flurry by Yahoo, Adjust and AppsFlyer. In short, AppMetrica… Source link

Google has just announced the next stage of trials of its Privacy Sandbox proposal — focused on ads relevance and measurement. The Sandbox refers to an evolving — and now very closely overseen — ad targeting tech stack which Google has proposed for replacing tracking cookie based targeted advertising in Chrome by (at the earliest) the second half of 2023 with alternatives which it argues will be better for users’ privacy yet still effective for generating ad revenue. Writing in… Source link

(Bloomberg) — Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy to combat surging inflation. Most Read from Bloomberg The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt total returns, has fallen 11% from a high in January 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the financial crisis in… Source link