* FedEx jumps after lifting quarterly dividend by more than 50% * Oracle rises as sales, profit top estimates on cloud boom * Continental Resources jumps on buyout proposal from founder (Updates to mid-afternoon, changes byline) By Chuck Mikolajczak NEW YORK, June 14 (Reuters) – The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central… Source link
Read More »South Korean content providers raise service fees in the wake of Google’s in-app payment policy – TechCrunch
South Korean app developers and content providers are upping their paid subscription and service fees on Google’s Play marketplace due to the heavy 15-30% commissions now required following Google’s policy changes that force apps to use its own first-party billings and payments system. While South Korean law permits app developers to use a third-party payment option, this only reduces Google’s commission by 4% — and that’s not enough, developers… Source link
Read More »Fed’s George sees policy interest rate near 2% by August
(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to lift its target interest rate to about 2% by August, with further action dependent on how both supply and demand are affecting inflation. “Fed policymakers have emphasized a commitment to act expeditiously to restore price stability, and I expect that further rate increases could put the federal funds rate in the neighborhood of 2% by August, a significant pace of change in… Source link
Read More »Apple engineer who quit over return-to-office policy joins Google
An ex-Apple executive who quit over the company’s strict return-to-office policy is joining Google just weeks later, according to a report. Ian Goodfellow — who worked as Apple’s director of machine learning until he resigned in early May — is joining Google’s DeepMind division as a contributor, Bloomberg reported. DeepMind uses artificial intelligence and machine learning to improve Google products. The news comes as Apple pushes virtually… Source link
Read More »New Goldman Sachs policy gives bosses unlimited days off
(Reuters) – Goldman Sachs Group Inc will allow its partners and managing directors to take as much time off as they want under a new “flexible vacation” scheme to promote “rest and recharge,” The Telegraph reported on Saturday, citing an internal memo. The Wall Street bank memo said that, as of May 1, there will be no cap on paid leave and senior staff can “take time off when needed without a fixed vacation day entitlement,” the newspaper added. All employees are expected to take at least 15… Source link
Read More »Stocks, Treasuries Sink on Inflation, Policy Risks: Markets Wrap
(Bloomberg) — Stocks and U.S. equity futures fell along with Treasuries Monday amid heightened worries about inflation risks and tightening financial conditions. A gauge of the dollar climbed. Most Read from Bloomberg An Asia-Pacific equity index shed more than 1%, dropping to the lowest since mid-March. China and Hong Kong struggled, with tech shares skidding on new guidelines from Beijing aimed at curbing data monopolies at internet platforms. U.S. and European futures also declined,… Source link
Read More »Google gave the media its new work-from-home policy before telling all employees
Google made big news this week with an announcement that employees will come back to the office three days a week in the Bay Area and other locations. Unfortunately, some of that news broke before employees got the company email informing them their work lives were changing. The hybrid work announcement, made Wednesday, applies to the Bay Area and several other U.S. locations. Under the new plan, “most employees will spend approximately three days in the office and two days… Source link
Read More »Google Ads Updates Destination Requirements Policy
Google Ads is updating its Destination requirements policy in March 2022 to improve clarity for advertisers. The changes being made will not impact the current policies. Changes to the Destination policies are officially going into effect on March 21, 2022. If you’re unclear why Google disapproved your ads in the past, these changes should benefit you. What’s Changing? When Google disapproves an ad it’s not always clear why it was disapproved, or what this means for the rest of an… Source link
Read More »EXCLUSIVE Google aims to improve spotty enforcement of children’s ads policy
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo Register now for FREE unlimited access to Reuters.com Register Jan 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to… Source link
Read More »EXCLUSIVE Google to improve enforcement of adult ads policy
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave//File Photo Register now for FREE unlimited access to Reuters.com Register Jan 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to… Source link
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