Tag Archives: plan

Facebook (FB) has big plans for expanding in the world of financial services. It wants to become the planet’s preeminent digital wallet and supplant established players like PayPal (PYPL) in the process. The social network’s Novi division will be “a next generation digital wallet” built upon cryptocurrency that will be nothing short of a new “protocol for money on the internet,” according to David Marcus, head of Facebook Financial, who’s taking the lead in launching Novi in the… Source link

After it ended free unlimited storage for Google Photos in June, many Google users had figure out how to store images and other data in the Google accounts. They could keep their Google account stored data under 15GB, or pay for a Google One plan. Options included a 100GB plan for $1.99 per month, a 200GB plan for $2.99 a month, a 2TB plan for $9.99 a month, or a plan with 10TB of storage for $49.99 per month. 20TB and 30TB plans are also available, for $99.99 and $149.99 per month,… Source link

Senator Joe Manchin (D-WV) threw a monkey wrench into Democratic plans to quickly pass their proposed $3.5 trillion budget plan with an op-ed last week that called for a “pause.” And while the Democratic-led House is “moving at light speed” to pass the legislation, Rep. Kevin Brady (R-TX) said on Yahoo Finance Live (video above), Sen. Manchin — who holds a crucial swing vote in the upper chamber — is “asking exactly the right questions.” Some experts predict that for the bill to… Source link

Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting Wednesday. The meeting comes in the wake of several high-profile cyberattacks, including on government software contractor SolarWinds and oil pipeline Colonial Pipeline, that have brought added urgency to such security issues. The commitments range from working toward new industry standards to supplying other businesses with stronger security… 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

(Bloomberg) — The chief executive officers of Apple Inc., Microsoft Corp. and Amazon.com Inc. plan to attend a White House meeting with President Joe Biden this week to discuss efforts by private companies to improve cybersecurity following a dramatic uptick in ransomware and online attacks over the past year. Apple’s Tim Cook, Microsoft’s Satya Nadella and Amazon’s Andy Jassy plan to attend the event scheduled for Wednesday afternoon, according to people familiar with the matter. The… Source link

WASHINGTON, DC – AUGUST 18: U.S. President Joe Biden delivers remarks on the COVID-19 response and the vaccination program. (Photo by Anna Moneymaker/Getty Images) Ninety-seven percent of small-business owners will not face an income tax increase if President Biden’s tax plan becomes law, according to new analysis released by the Treasury Department on Thursday.  Biden is seeking to raise taxes on corporations and the wealthiest Americans to help fund a $3.5 trillion plan that would include… Source link

Apple’s Mac has long been an afterthought for the video game industry, and few think of Google as a games company — despite running Android, one of the biggest game platforms in the world. But Google had a plan to change those things in October 2020, according to an explicitly confidential 70-page vision document dubbed “Games Futures.” The “need-to-know” document, which was caught up in the discovery process when Epic Games hauled Apple into court, reveals a tentative… Source link

Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… 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