Tag Archives: News

Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue stream

By Herbert Lash NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual stocks on its… Source link

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Yahoo! India! shuts! down! news! operation! – The Register

In brief Clearview AI’s controversial facial-recognition system has been trialed, at least, by police, government agencies, and universities around the world, according to newly leaked files. Internal documents revealed by BuzzFeed News show that Clearview offered its technology to law enforcement agencies, governments, and academic institutions in 24 countries, including the UK, Brazil, and Saudi Arabia, on a try-before-you-buy basis. The… Source link

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Yahoo shuts down news sites in India over new FDI rules

Following the new foreign direct investment (FDI) rules, Yahoo has shut down its news websites in India. This includes Yahoo News, Yahoo Cricket, Finance, Entertainment and MAKERS India. This, however, will not affect users’ Yahoo e-mail, and search experiences in India. The new FDI rules limit foreign ownership of media firms that operate and publish digital content in India. On visiting the Yahoo website, a notice reads: “As of August 26th, 2021… Source link

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Yahoo shuts down news sites in India over FDI regulations

Yahoo said on its FAQ page it did not come to this decision lightly but has been impacted by changes to regulatory laws in India that limit foreign ownership of media companies. Web service provider Yahoo said it is shutting down its news operations in India on August 26 citing new Foreign Direct Investment (FDI) regulations. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Yahoo will shut down its services including… Source link

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Yahoo News India Shut Down: Yahoo shuts down its news websites in India over FDI rules

New Delhi: Yahoo has shut down its news websites in India due to the new foreign direct investment rules that limit foreign ownership of digital content platforms in the country. These include Yahoo News, Yahoo Cricket, Yahoo Finance, Entertainment and MAKERS India. This, however, will not affect Yahoo Mail and Search in India. “As of August 26th, 2021, Yahoo India will no longer be publishing content. Your Yahoo Account, Mail and Search experiences will not be affected in any way and will… Source link

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Yahoo shuts down news operations in India; Yahoo Mail continues to operate

American web services provider Yahoo shut down its news operations in India on August 26. It will not be publishing any new content from Thursday onwards. It said that Yahoo Mail will not be impacted by this shutdown. “As of August 26th, 2021 Yahoo India will no longer be publishing content. Your Yahoo Account, Mail and Search experiences will not be affected in any way and will operate as usual. We thank you for your support and readership,” stated the web service provider on its India… Source link

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Yahoo shuts down news operations in India over FDI regulations, details here | Latest News India

American web services provider Yahoo shut down its services in India on Thursday, August 26, thereby ceasing the publication of content operations across the country from this day onwards. However, the web portal, owned by technology company Verizon Media, assured its users that their Yahoo accounts, e-mail, and search experiences will not be affected in any manner. “As of August 26th, 2021, Yahoo India will no longer be publishing content,” a statement on the Yahoo India homepage read…. Source link

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Yahoo news sites to shut down in India

American technology firm Verizon Media, which owns Yahoo, plans to shut down its news websites in India due the new foreign direct investment (FDI) regulations that prohibit foreign funding of more than 26% in digital news media outlets. The company will shut down its news sites including Yahoo Cricket, Yahoo Finance, News, Entertainment and others in the next few days. “There have been changes in the rules limiting foreign ownership of media companies that operate in the news and current… Source link

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