Chinese President Xi Jinping is expected to tighten his grip on power when China’s National Party Congress convenes Sunday. A spectacle held once every five years, the 20th Party Congress marks the culmination of Xi’s ascent in many ways, with the leader poised to secure a third five-year term, making him arguably the most powerful ruler in China since Mao Zedong. But China’s sputtering economy threatens to overshadow Xi’s coronation, with the country in the midst of its slowest… Source link
Read More »Joe Mazzulla to coach Boston Celtics after Ime Udoka’s ‘multiple violations’ of team policies
BOSTON — Following their suspension of head coach Ime Udoka for the entire 2022-23 NBA season, Boston Celtics managing partner Wyc Grousbeck and president of basketball operations Brad Stevens offered scant factual substance during Friday’s news conference, citing “privacy reasons for the people involved.” The Celtics officially suspended Udoka on Thursday night “for violations of team policies.” The news came less than 24 hours after The Athletic’s Shams Charania reported through anonymous… Source link
Read More »Meta sued for breaking Apple privacy policies to ‘snoop’ on users
A ‘key trend’ in latest Arab Youth Survey is ‘decline in news consumption’ DUBAI: Dubai-based PR agency ASDA’A BCW has published the results of its 14th annual Arab Youth Survey, described as the largest independent survey of its kind. This year’s findings are grouped under six themes: identity, livelihood, politics, global citizenship, lifestyle and aspirations. Having grown up in the internet age, it is perhaps no surprise that Arab youths are avid users of social media… Source link
Read More »Where Wall Street’s mega banks stand on return-to-office policies
Late hours on Wall Street are part of industry lore, but in a post-pandemic world, banks are still hashing out official return-to-office policies. Earlier this week, moves by Goldman Sachs and Morgan Stanley to lift COVID protocols at their offices drew attention to the ambiguity around official RTO rules across financial institutions. While messaging from the companies was shy of mandating a five-day-per-week return, lifting vaccine and testing requirements appears to be part of a broader… Source link
Read More »China Is Pariah for Global Investors as Xi’s Policies Backfire
(Bloomberg) — After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one main reason why: Xi’s own policies. Most Read from Bloomberg Money managers once enticed by China’s juicy yields and huge tech companies now say reasons to avoid the country outweigh incentives to buy. They cite everything from unpredictable regulatory campaigns to economic damage caused by strict… Source link
Read More »Google will pay US app developers $90 million in a settlement over app store policies
The proposed settlement is designed to address app developers’ years-long allegations that Google (GOOGL (GOOGL)) imposes onerous and anticompetitive restrictions on app makers as a condition of hosting their apps on its Google Play Store. “A vast majority of U.S. developers who earned revenue through Google Play will be eligible to receive money from this fund, if they choose,” Google said in a blog post announcing the agreement, which is open to app-makers who earned $2 million or less… Source link
Read More »SEC’s new SPAC policies are ‘not going to fix the problem:’ Expert
The SEC recently proposed new policies that would require companies being acquired through a special purpose acquisition company (SPAC) to undergo more stringent disclosure procedures relating to future projections, conflicts of interest, as well as potential dilution upon issuance of additional shares. The new rules would effectively eliminate many of the “safe harbor” protections and advantages of de-SPAC transactions over traditional IPOs that have made them so favorable in recent… Source link
Read More »Google terminated a company’s Play Store account because a former employee violated policies — 3 years after leaving
It’s clear that Google’s automated Play Store policy enforcement system has glaring weaknesses regularly threatening the livelihoods of smaller developers, as we’ve covered again and again. The latest case goes beyond everything we’ve seen so far, though. A company’s developer account and the company owner’s personal Google account were terminated after a former employee seemingly violated Play Store policies — three years after leaving the company, with no ties between his… Source link
Read More »Google’s paid leave, vacation policies adapt to the COVID burnout era
Google’s paid leave, vacation policies adapt to the COVID burnout era | Fortune … Source link
Read More »Yandex N : Revises Its Policies on Ethics and Business Conduct
Internet, 29 December, 2021. Yandex has updated the Yandex Group’s Code of Business Ethics and Conduct and introduced a standalone Supplier Code of Conduct. Effective from February 1, 2022, these documents will be used as the basis for the monitoring and management of compliance with the relevant internal policies and procedures. Yandex will inform all applicable stakeholders about the changes before the effective date. These documents align internal… Source link
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