Tag Archives: pressure

Apple and Google have removed a tactical voting app created by the organization of jailed Kremlin critic, Alexei Navalny, from their respective mobile app stores in Russia. Earlier this week Reuters reported that the Russian state had been amping up the pressure on foreign tech giants ahead of federal elections — appropriating the language of “election interference” to push US companies to censor the high profile political opponent to president Putin. On Twitter today, a key… Source link

Investors may be wise to tread lightly in the stock market as the Federal Reserve nears the start of its bond tapering program, hints DoubleLine Capital founder and CEO Jeffrey Gundlach.  “It certainly would be a negative for the stock market,” Gundlach — aka the “bond king” — told Yahoo Finance Live in an exclusive interview on the potential impact to markets from Fed tapering. The Federal Reserve is widely expected to signal the beginning of halting its pandemic-era bond-buying program… Source link

The UK’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google which has announced that it will, in the near future, only run ads for financial products and services when the advertiser in question has been verified by the financial watchdog, the FCA. The Google Ads Financial Products and Services policy will be updated from August 30, per Google, which specifies that it will start enforcing the new policy from September 6 —… Source link

WASHINGTON—A House committee approved far-reaching legislation to curb the market dominance of tech giants, including Alphabet Inc.’s Google and Facebook Inc., but much of the effort faced intensive lobbying by affected firms that slowed the committee’s work and foreshadowed a pitched battle in the Senate. In a package of six bills, the most significant measure to pass by late Wednesday requires that the largest internet platforms make it easier for users to transport their data to… Source link

Google is ditching a massively unpopular auction format that underpins an choice screen it offers in the European Union, it said today. Eligible search providers will be able to freely participate. The auction model was Google’s ‘remedy’ of choice — following the 2018 EU $5BN antitrust enforcement against Android — but rivals have always maintained it’s anything but fair, as we’ve reported previously (here, here, here, for eg). The Android choice screen presents users in… Source link

WASHINGTON (AP) — Donald Trump was calling into yet another friendly radio show when he was asked, as he often is, whether he’s planning a comeback bid for the White House. “We need you,” conservative commentator Dan Bongino told the former president. “Well, I’ll tell you what,” Trump responded. “We are going to make you very happy, and we’re going to do what’s right.” It was a noncommittal answer typical of a former president who spent decades toying with presidential runs…. Source link

The Conversation Ultra-Orthodox Jewish women are bucking the patriarchal, authoritarian stereotype of their community Ultra-Orthodox women have become the primary breadwinners in their families. Menahem Kahana/AFP via Getty ImagesUltra-Orthodox Jews have been in the news a lot lately, partly due to their reactions to the COVID-19 pandemic. With a few exceptions, the stories present ultra-Orthodox Jews as a patriarchal community that is authoritarian and resistant to public health measures,… Source link

Stocks traded mixed on Monday, with technology stocks under more pressure as investors weighed the risks that higher inflation during the pandemic recovery might weigh on high-growth names.  The Dow added more than 150 points, or 0.5%, to reach a new all-time high shortly after the opening bell. The Nasdaq dipped, reversing some of Friday’s gains. The S&P 500 was little changed. Treasury yields were roughly unchanged across the long end of the curve, with the benchmark 10-year yield hovering… Source link

Progressive activists are calling on Ford, Target, Google, Bank of America and other major companies that have pledged to support voting rights to cut ties with the US Chamber of Commerce, CNN Business has learned. At issue is the Chamber of Commerce’s fierce opposition to the Democrats’ sweeping voting bill known as the For the People Act, which advocates say would counter efforts by Georgia and other states to impose new voting restrictions. The Chamber of Commerce has Source link

TipRanks Goldman Sachs Says These 3 Stocks Are Ready to Rip Higher Current market conditions are pushing investors into stocks – and the result is record-high valuations. The S&P 500 has hit a new all-time high, and the NASDAQ, which peaked in February, remains within 3% of its record level and is headed back up. While this is obviously good for investors’ portfolios, there is some concern that we may be looking at a stock bubble. Weighing in from Goldman Sachs, however, strategist Petter… Source link