In the immediate aftermath of Afghanistan’s collapse at the hands of the Taliban, China wasted no time in capitalizing on what it viewed as a public relations win. China’s Foreign Ministry called the chaotic end to U.S. presence, “a lesson in reckless military adventures,” and issued a statement, calling for “friendly and cooperative relations with Afghanistan.” But, Eurasia Group President Ian Bremmer said the U.S. withdrawal from the country creates more headaches than… Source link
Read More »Why Turkey’s Regulators Became Such a Problem for Google
Type “running shoes,” “best laptop” or “camping equipment” into Google from just about anywhere in the world and the top of the screen will show a carousel of ads from websites promoting products to browse and compare. Not in Turkey. Google eliminated those advertisements last year after Turkish antitrust officials ordered the company to make it easier for competing shopping websites to appear more prominently in the ads. The Turkish demands went further to crack down on Google’s… Source link
Read More »The market has an earnings problem: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, July 13, 2021 Huge earnings today don’t equal huge returns tomorrow The second quarter earnings season unofficially kicks off this morning, with Goldman Sachs (GS), JP Morgan (JPM), and PepsiCo (PEP) among the first companies out of the gate. And as we’ve chronicled over the last few weeks here at the Morning Brief, expectations have… Source link
Read More »The space junk problem is getting a lot worse: Astroscale CEO
As the commercialization and industrialization of space becomes more of an inevitability with every successful launch by companies like SpaceX and Virgin Galactic (SPCE), space debris, or space junk, is becoming a growing concern of both corporate and government aerospace entities alike. The European Space Agency (ESA) estimated that there are 29,000 objects larger than 10 centimeters, 670,000 objects larger than one centimeter, and more than 170 million objects larger than one millimeter… Source link
Read More »Google Search’s knowledge panels have a misinformation problem
Hristo Georgiev recently received a troubling message from a friend: Google says he’s a serial killer. If you Googled his name, the search engine would serve up Georgiev’s professional headshot alongside a Wikipedia article about a Bulgarian serial killer with the same name who died in 1980. This is an unfortunate error, but it’s also not the first time Google’s algorithms have done something like this. The actual Wikipedia article surfaced in Georgiev’s results didn’t include… Source link
Read More »Medical debt is a ‘uniquely American problem’ caused by a ‘very broken’ system, expert explains
The cost of health care in the U.S. has grown worse in recent years as Americans continue taking on unprecedented levels of medical debt. The issue has gotten so bad that one New York-based 501 charity, RIP Medical Health, uses donations to buy up people’s medical debt. The organization recently announced a purchase of $278 million in medical debt owed by roughly 82,000 patients in the Tennessee and Virginia regions. “Medical debt is the no. 1 cause of bankruptcy in the United States,… Source link
Read More »Google’s health care data-sharing partnership is a problem
Elevate your enterprise data technology and strategy at Transform 2021. On May 26, Google and HCA Healthcare, a national hospital chain, announced a data sharing partnership that will provide the internet giant with access to a host of patient records and real-time medical information. But what is being cast by both companies as a win for improved patient treatments and outcomes is hardly a victory for consumers. Google has a dark history of exploiting personal data for profit…. Source link
Read More »Sixers have a chronic closing problem
The Liberty Bell tolls for the Philadelphia 76ers in the fourth quarter. The top-seeded Sixers would be in the Eastern Conference finals right now if not for respective blown leads of 18 and 26 points to the Atlanta Hawks in Games 4 and 5 of their second-round series. The tragic flaws of their All-NBA cornerstones created what is now a chronic closing problem. Ben Simmons still cannot shoot, and Joel Embiid still cannot put forth 48 minutes of consistent effort. It is about to be their… Source link
Read More »Strategists still don’t think inflation is a problem for stocks: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 14, 2021 This is not the 1970s. Readers already know: Inflation is running hot. But Wall Street strategists still remain largely unbothered by the recent acceleration in prices. And financial markets — at least for the moment — agree. As Yahoo Finance’s Brian Cheung noted last week, yields on longer-dated U.S. Treasuries fell to… Source link
Read More »Yahoo News/YouGov poll: Americans say violent crime is bigger problem than COVID-19 – Yahoo News
Reuters U.S. lawmakers probe Kabbage, BlueVine and partner banks over pandemic loans -letters U.S. lawmakers have opened an investigation into financial technology companies Kabbage Inc and BlueVine and their partner banks for their roles in distributing billions of dollars in pandemic aid to small businesses, according to letters seen by Reuters. The loan scheme, known as the Paycheck Protection Program (PPP), has drawn criticism from regulators and the media for failing to implement… Source link
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