Tag Archives: million

Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

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Google slapped with $120 million fine by Italy’s antitrust watchdog

The Italian antitrust authority said on Thursday that it imposed a fine of €102 million ($123 million) on Google for abuse of a dominant position through its Android mobile operating system and app store Google Play. “Google has a dominant position which allows it to control the reach app developers have on final users,” the regulator said in a statement. The ruling condemns the company for not allowing drivers of electric cars who need to recharge… Source link

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Italy fines Google $123 million for blocking an EV app from Android Auto

Bloomberg Alibaba Vows to Hike Spending After First Loss in Years (Bloomberg) — Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years.Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss — its first since 2012 — after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by… Source link

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Italy's antitrust fines Google 102 million euros for abuse of dominant position – WHBL News

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Italy fines Google $123 million for abuse of dominant position

FILE PHOTO: The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake MILAN (Reuters) -Italy’s competition watchdog said on Thursday it had fined Google 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operating system and app store Google Play. “Through android and the app store Google Play, Google has a dominant position which allows it to control the reach app developers have on final… Source link

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Bitcoin will eventually hit ‘$1 million a coin,’ CoinDesk editor predicts

As investor interest in cryptocurrency spikes, bitcoin could rise to $1 million over the next five years, one expert told Yahoo Finance Live. “Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is uncontested.” The timing of bitcoin crossing $1 million is the big question. Leech says the next bitcoin halving — a… Source link

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Nets’ Joe Tsai, Yahoo Founder Jerry Yang and More Launch $250 Million Initiative to Fight Hate

Several influential business leaders have recently started a $250 million initiative dedicated to serving 23 million Asian Americans and Pacific Islanders across the nation. Members of The Asian American Foundation (TAAF)launched the initiative on Monday. According to its organizers, the initiative is the “largest-ever philanthropic effort to support the AAPI community,”Reuters reported. In the last five years, TAAF’s board members have contributed around $125 million. The nonprofit… Source link

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Yandex Self-Driving Group Clocks 7 Million Autonomous Miles

A Yandex self-driving car in Las Vegas, during the 2020 Consumer Electronics Show. Yandex Yandex Self-Driving Group has driven seven million autonomous miles (11.5 million kilometers) since the team was founded in 2017, more than any other company has announced, save for Alphabet’s Waymo. That’s up from two million miles in February, 2020, showing the company’s continued progress, despite the Covid-19 pandemic. Artem Fokin, Head of Business Development for the group,… Source link

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Jon Jones denies $30 million demand for Francis Ngannou fight

This may shock you, but negotiations between Jon Jones and the UFC do not appear to be going well. The former UFC light heavyweight champion took to Twitter on Friday to respond to UFC president Dana White’s claim that he had demanded $30 million to fight heavyweight champion Francis Ngannou: White threw out that claim during an appearance on “The Bill Simmons Podcast,” saying that he is ready to give Derrick Lewis the next shot at the heavyweight crown: From MMA Fighting: “In his deal, he’s… Source link

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