Tag Archives: Governments

The world’s largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or “parade of horribles”, that are unfairly weighing on the price of its asset. Microstrategy CEO Michael Saylor argues the over 19,000 cryptocurrencies and digital tokens in circulation must be viewed as “unregistered securities” that cannot be likened to a hard commodity like Bitcoin—which has no issuer, no management, no employees, no… Source link

Edelman’s Trust Barometer for 2022 revealed that the global level of trust in government and media is dropping. An annual online survey conducted in 28 countries and reaching over 36,000 respondents found that distrust in political institutions fell in 2021 across the world. Among the key findings of the report was the overall lower trust in world leaders and institutions around the world, with 67% of respondents saying they worry that journalists and reporters were “purposely trying to… Source link

Former President Donald Trump says the country has a debt problem and that the ongoing debt ceiling fight can be “a very strong card to play [where Republicans] can get a lot of what they want.” In an exclusive interview with Yahoo Finance, Trump said the prospect of a government default, which could plunge the country into a recession, can and should be a Republican lever to stop the Democratic spending efforts, including the multitrillion-dollar package of social spending currently being… Source link

The contracts at the center of the fight made Google the default search engine on almost all U.S. smartphones and locked in that exclusivity for years, giving the company a major advantage just as Americans were starting to flock to smartphones. In its antitrust suit against Google last October, DOJ revealed that the company pays as much as $12 billion a year to Apple alone to keep its search engine as the default on iPhones, iPads and the Safari browser. The FTC memos suggest Obama-era… Source link

Google CEO Sundar Pichai testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law during a hearing on “Online Platforms and Market Power” in the Rayburn House office Building on Capitol Hill, in Washington, U.S., July 29, 2020. Mandel Ngan/Pool via REUTERS The power of Big Tech to tamp down potential business rivals stretches all the way into the courtroom, a leading antitrust attorney testified before the House Judiciary Subcommittee on Antitrust on… Source link

FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – The federal judge hearing the U.S. Justice Department’s antitrust lawsuit against Alphabet’s Google urged the government on Wednesday to narrow the definition of “highly sensitive” information as he considered arguments on which of Google’s lawyers would be able to see evidence produced by other companies. U.S. District… Source link

AFP via Getty Images On October 20, the United States government filed an antitrust lawsuit against Google. One question is: was that really for abuses of antitrust law, or was it just about politics and scoring points in the U.S. national election? And, is Apple actually be the biggest potential casualty in an antitrust battle between the U.S. government and Google? “I think there’s been a consensus now for a while on both the left and the right, that companies… Source link