Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Texas Attorney General Ken Paxton has filed a lawsuit against Google, claiming the internet giant is violating state law by amassing facial and voice recognition data on Texans without their knowledge or consent. The lawsuit claims Google apps and devices indefinitely store data on facial geometry and voiceprints from anyone they capture, whether… Source link
Read More »U.S. ‘would be lucky’ to get a mild recession, Ken Rogoff warns
Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much worse. “The dollar is very strong, and interest rates are rising very fast,” Rogoff said on Yahoo Finance Live (video above). “So I think the idea that it’s going to be a really mild recession, if that, would be lucky. I’d say it’s going to be a tough trade-off for the Fed once the numbers start… Source link
Read More »MLB’s Field of Dreams Game opens with Ken Griffey Jr., Sr. having a catch
The first MLB Field of Dreams Game in 2021 was a masterclass in nostalgia. The league figured out a new way to tug at fans’ heartstrings in their follow-up. Thursday’s Field of Dreams Game, played between the Chicago Cubs and Cincinnati Reds, opened with MLB Hall of Famer Ken Griffey Jr. and his father, three-time All-Star Ken Griffey, playing catch in the outfield. “Hey dad, want to have a catch?” the younger Griffey said after emerging from the iconic cornfield. After a precious few moments,… Source link
Read More »MLB Network drops Ken Rosenthal over Rob Manfred criticism
One of the biggest reporters in baseball is no longer welcome on MLB Network. The league-owned network has cut ties with Ken Rosenthal, and it is believed that Rosenthal’s past criticism of MLB commissioner Rob Manfred in columns written for The Athletic played a part in the decision, according to Andrew Marchand of the New York Post. Rosenthal was reportedly kept off the air for three months in 2020 after he wrote columns analyzing Manfred’s handling of negotiations over a season threatened,… Source link
Read More »Ken Griffin, Robinhood Strike Back at Fresh Outrage Over GameStop
(Bloomberg) — Robinhood Markets Inc. and Citadel Securities responded to renewed criticism of their actions during January’s meme-stock frenzy, after retail investors filed a class-action lawsuit last week. Most Read from Bloomberg Citadel Securities, whose founder Ken Griffin testified about the episode during a February congressional hearing, fired off a series of tweets late Monday denying allegations that it pressured Robinhood to restrict trading. Robinhood, led by Chief Executive… Source link
Read More »Why Ken Burns will never make a documentary for the streaming giants – Yahoo Finance
Bloomberg God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street (Bloomberg) — With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.In the days before the pandemic, 20 or 30 people would… Source link
Read More »What Ken Griffin Has to Do With GameStop
(Bloomberg) — The name is a byword for power on Wall Street. But suddenly, there it was, in the White House Briefing Room, too: “Citadel.”Given the wild stock-market spectacle involving GameStop Corp., the question last week for the new press secretary was this: would Janet Yellen, now Treasury secretary, recuse herself from the matter given the hundreds of thousands of dollars she’d collected in speaking fees from Citadel?For people outside financial circles, the answer — Yellen is… Source link
Read More »Attorney General Ken Paxton seeks $43M for Google lawsuit
The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left Paxton seeking $43 million in public funds to replace some of them with outside lawyers to lead a high-profile antitrust lawsuit against Google. Former Paxton aides told The Associated Press that before they reported him to the FBI in September and began resigning, the lawsuit against the search engine giant was set to be handled internally by what is one of the… Source link
Read More »Ken Paxton scandal could cost state millions in legal fees for Google case
Texas may pay tens of millions of dollars to outside attorneys hired to handle a major lawsuit against Google — money the state did not plan to spend before a scandal enveloped Texas Attorney General Ken Paxton this fall. That’s under agreements signed last month with outside lawyers based in Chicago, Houston and Washington, D.C., including high-profile plaintiffs’ attorney Mark Lanier and the law firm Keller Lenkner, who will lead Texas’ multi-state… Source link
Read More »AG Ken Paxton’s antitrust lawsuit against Google could harm Texans, group of state leaders say
AUSTIN (KXAN) — During a one-on-one interview with KXAN earlier this month, indicted Texas Attorney General Ken Paxton, now the subject of an FBI investigation into allegations of bribery and misuse of office, was asked why the public should trust him as the state’s top law enforcement official. “Look at what we’re doing with Google,” Paxton explained, when listing his accomplishments. FULL INTERVIEW: AG Ken Paxton answers questions about whistleblower… Source link
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