(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
Read More »Limelight to Acquire Yahoo’s Edgecast, Creating Global Leader in Edge Enabled Software Solutions
Combined Company to Operate as Edgio, Delivering Significantly Increased Scale and Scope with Diversified Revenue Across Products, Clients, Geographies and Channels and an Expanded Total Addressable Market of $40 Billion Yahoo to Receive All Stock and Will Invest $30 Million Demonstrating Conviction in Combined Company’s Growth Plans; Will Own 31.9% of Pro Forma Company and Appoint Three Directors The Strategic Spinoff Delivers Enormous Value and Opportunity for Yahoo as Edgio Scales… Source link
Read More »Facebook ‘sabotaged’ the global COVID response with misinformation
Progressive Congresswoman Alexandria Ocasio-Cortez (D-NY) told Yahoo Finance in an exclusive interview that Facebook (FB) and other U.S. companies have “sabotaged” the global response to COVID-19 by spreading disinformation about the virus. The tech giant, which recently changed its name to Meta, should “be broken up” because it exploits its overlapping lines of business as a platform, vendor, and advertiser, Ocasio-Cortez added in the wide-ranging remarks. “There are some things that the… Source link
Read More »The Global Zero Trust Market is expected to grow by $ 25774.05 million during 2021-2025, progressing at a CAGR of 17.54% during the forecast period
Global Zero Trust Market 2021-2025 The analyst has been monitoring the zero trust market and it is poised to grow by $ 25774. 05 million during 2021-2025, progressing at a CAGR of 17. New York, Jan. 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Zero Trust Market 2021-2025” – https://www.reportlinker.com/p06191385/?utm_source=GNW 54% during the forecast period. Our report on the zero trust market provides a holistic analysis, market size and… Source link
Read More »Google, Meta dominate as digital propels global advertising growth -forecasts
The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to reuters.com Register Dec 6 (Reuters) – The global advertising industry will notch higher growth this year than previously expected and is likely to continue its streak in 2022 as brands are relying more heavily on search engine and social-media companies such as Alphabet Inc’s Google (GOOGL.O) and Meta Platforms Inc (FB.O)… Source link
Read More »Bitcoin Plunges Over 20% in Another Sign of Global Market Nerves
(Bloomberg) — Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets. Most Read from Bloomberg The largest digital token fell as low as $42,296 before paring some of the tumble. It was trading at about $47,600 as of 1:50 p.m. in Singapore on Saturday, a drop of about 11%. Ether, the second-largest token, fell as much as 17.4% before trimming the retreat to about 10%. The overall crypto sector has shed around a… Source link
Read More »Spotify’s new Podcast Subscriptions expand to global markets
Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets. The company says the service, which allows creators to mark episodes as “subscriber-only” content, will now become available in 33 new markets worldwide. When podcast subscriptions publicly launched in the U.S., Spotify had introduced a couple of key changes to how the service worked. Before, creators had only been able to choose… Source link
Read More »Oil Declines by Most Since August Amid Global Growth Fears
(Bloomberg) — Oil slid by the most since August, falling from overbought territory amid concerns around global economic growth. Most Read from Bloomberg Futures in New York declined as much as 3.2% on Thursday after holding at the highest since 2014 this week. Technical indicators have signaled oil has been due for a pullback since earlier this month. Meanwhile, the resurgence of lockdowns in Eastern Europe and Russia due to rising coronavirus cases are threatening the global economic… Source link
Read More »Boris Johnson announces £9.7bn in foreign investment as Global Investment Summit kicks off
Boris Johnson speaks at the Global Investment Summit in the UK’s Science Museum. Photo: Department for International Trade live stream UK prime minister Boris Johnson is set to announce £9.7bn ($13.4bn) in overseas investment in the UK — a move that Number 10 says will create 30,000 new jobs. As the UK’s Global Investment Summit begins, Johnson welcomed business leaders including Microsoft (MSFT) co-founder Bill Gates at the Science Museum in London on Tuesday. Opening the summit,… Source link
Read More »Google eyes TaskMate global launch after Kenya rollout – TechCrunch
Google has today launched TaskMate in Kenya, a crowdsourcing app that lets people use smartphones to do tasks and get paid, tapping the growing gig economy. The tech giant said it has rolled out the beta version after a year-long experiment in the East African country, and is preparing to introduce it to other countries across the continent. The app is available in India too, where it’s also in the pilot stage. TaskMate mobile app users fulfill skilled and… Source link
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