Tag Archives: pledged

Ahead of last month’s United Nations global climate summit, Google, the world’s biggest provider of ads online, made a big announcement: It would stop placing ads on sites that deny the scientific consensus on climate change. Banned from profiting from its advertising program, Google said, were sites and videos falsely referring to global warming as a hoax or a scam. Also no longer welcome to run Google ads: Content falsely claiming that greenhouse gas emissions, or human activity, do not… Source link

(Bloomberg) — Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant loans from banks, the Financial Times reported, citing company documents. The share pledges were made by offshore companies controlling more than half of the duo’s stake in Alibaba, which stood at 5.8% as of December, according to the FT. The documents didn’t disclose the amount of the share… Source link

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally – many of them local or regional enterprises foundering in a digital age. Thousands of media outlets received financial and other support for everything from fact checking and reporting to training, according to the tech giants’ announcements. Some publishers express gratitude for contributions they say are essential as advertising… Source link