Tag Archives: Payment

Since the start of the Ukraine War, a barrage of western sanctions has crippled the Russian economy and wreaked havoc on its financial system. The country has been largely cut off from the international payment system SWIFT, seen its access to $630 billion in foreign exchange reserves restricted, and watched as more than $17 billion in assets were seized from Russian oligarchs. But for the past eight years, Russia has been preparing for the worst. In June of 2014, just three months after its… Source link

New Zealand’s NZME, Google to discuss news delivery terms amid fair payment push | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County

MOSCOW, March 4 (Reuters) – Russia’s Nasdaq-listed e-commerce player Ozon (OZON.O) on Friday said that holders of its bond maturing in 2026 may be entitled to redeem the principal and interest accrued if trading remains halted until March 8, but has the cash in its accounts to pay. Trading of Ozon’s shares on Nasdaq was suspended on Feb. 28 and if suspension lasts for at least seven day, the company’s $750 million unsecured convertibles bonds due in 2026 can become subject to a “Delisting… Source link

The Google and Facebook logos, the words “media, news, media” and the Australian flag are displayed in this illustration photo taken February 18, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, Dec 23 (Reuters) – Australia’s ground-breaking law forcing platforms like Google and Facebook to pay local publishers for news faces an unlikely test case: a website that experts say uses fake journalist profiles that has won… Source link

Widely followed investor Cathie Wood remains a holder of Robinhood (HOOD) even as the threat of a clampdown on payment for order flow by regulators looms as a key risk.  The founder, CEO and CIO of Ark Invest said in an exclusive interview on Yahoo Finance Live that Robinhood is currently a 1% holding for her firm.  Wood sent the market for Robinhood’s stock into a tizzy in early August after she revealed purchases of the trading platform’s stock after a disappointing IPO in late July…. Source link

PARIS (AP) — Google is appealing a 500 million euro ($591 million) fine issued by French regulators over its handling of negotiations with publishers in a dispute over copyright. The dispute is part of a larger battle by authorities in Europe and elsewhere to force Google and other tech companies to compensate publishers for content. “We disagree with a number of legal elements, and believe that the fine is disproportionate to our efforts to reach an agreement and comply with the new… Source link

After a number of delays, South Korea’s National Assembly today voted to approve the passage of its “Anti-Google law.” Nicknamed after the search giant but more wide-ranging, the law will prevent Google and Apple from forcing developers to use their in-app billing systems when building apps for their two market-dominating app stores . This is the first time globally that a government has intervened to prevent Google and Apple from imposing their own payment… Source link

South Korea has passed a bill written to prevent major platform owners like Google and Apple from restricting app developers to built-in payment systems, The Wall Street Journal reports. The bill is now expected to be signed into law by President Moon Jae-in, whose party championed the legislation. The law comes as a blow to Google and Apple who both require in-app purchases to flow only through their systems, instead of outside payment processors, allowing the tech giants to collect a 30… Source link

As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea. South Korea’s parliamentary committee passed on Wednesday (25 August) a landmark bill to prevent Google and Apple from charging software developers’ commissions on in-app purchases, the first of its kind in the world. The final vote by all members of… Source link

By Janet Yellen, U.S. Secretary of the Treasury For more than a generation, America has underinvested in the public goods that are the foundation of our economic growth: infrastructure, education, childcare. Our funding for them has been on a downward trajectory for nearly forty years. In 2019, it was about three-quarters of what it was in the 1970s. On Tuesday, the United States Senate began to turn the page on this unfortunate chapter in our economic history and, with two pieces of… Source link