The billionaire investors stand in a league of their own. It’s not necessarily their wealth that puts them there – rather, it’s their success in the markets, in establishing themselves at the highest level of the financial world, that built their wealth. Cathie Wood, the founder and CEO of $75 billion asset manager Ark Invest, is one of Wall Street’s most influential investors due to her stock-picking power and her company’s impressive returns. Looking at the current market situation,… Source link
Read More »Yahoo pulls out of China, citing ‘challenging’ environment
HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales for Yahoo. “In recognition of the increasingly challenging business and legal environment in China,… Source link
Read More »Yahoo pulls out of China, citing ‘challenging’ environment
HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales for Yahoo. “In recognition of the increasingly challenging business and legal environment in China,… Source link
Read More »Yahoo pulls out of China for good
It pulled the plug “in recognition of the increasingly challenging business and legal environment,” a Yahoo spokesperson said in a statement. “Yahoo remains committed to the rights of our users and a free and open internet. We thank our users for their support.” Access to many of Yahoo’s features in China have disappeared since 2013, including email and news. In 2015, Yahoo closed its Beijing office and eliminated roughly 300 jobs. Yahoo joins Microsoft’s (MSFT) LinkedIn social network, which… Source link
Read More »Yahoo pulls out of China, citing ‘challenging’ environment | Business
By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. said Tuesday it has pulled out of China, citing an “increasingly challenging business and legal environment.” Chinese authorities maintain a firm grip on internet censorship in the country and require companies operating in China to censor content and keywords deemed politically sensitive or inappropriate. “In recognition of the increasingly challenging business and legal environment in China,… Source link
Read More »Yahoo pulls its services out of China
A Yahoo! logo is shown on a screen. (Photo by Ethan Miller/Getty Images) HONG KONG (AP) — Yahoo Inc. on Tuesday said it has pulled its services from China, citing an “increasingly challenging business and legal environment.” The company said in a statement that its services were no longer accessible from mainland China as of Nov. 1. “In recognition of the increasingly challenging business and legal environment in China,… Source link
Read More »Yahoo Pulls Out of China, Ending Tumultuous Two-Decade Relationship
Yahoo Inc. said it pulled its services in China, citing an increasingly challenging business and legal environment. It is the second well-known U.S. technology firm to downsize China operations in less than a month following the closure of Microsoft Corp.’s LinkedIn social-networking site. Source link
Read More »Google pulls ‘stalkerware’ ads that promoted phone spying apps – TechCrunch
Google has pulled several “stalkerware” ads that violated its policies by promoting apps that encouraged prospective users to spy on their spouses’ phone. These consumer-grade spyware apps are often marketed to parents wishing to monitor their child’s calls, messages, apps, photos and location, often under the guise of protecting against predators. But these apps, which are often designed to be installed surreptitiously and without the device owner’s consent, have been… Source link
Read More »Bitcoin pulls back from highs as Amazon denies payment rumours
Amazon founder Jeff Bezos. The e-commerce giant denied it was poised to accept bitcoin and other cryptocurencies. Photo: AP Photo/John Locher, File Bitcoin (BTC-USD) has fallen away from recent highs after Amazon (AMZN) denied a report that it was considering accepting cryptocurrencies as payment. Bitcoin and other cryptos rallied on Monday amid speculation that the e-commerce giant was poised to accept digital money. Amazon recently posted a job listing for a “Digital Currency and Blockchain… Source link
Read More »Russia’s Yandex Pulls Out of Deal to Buy Fashion E-tailer KupiVIP
Yandex.Market is one of Russia’s leading e-commerce platform players. Shutterstock Russian tech giant, Yandex, has decided not to proceed with its purchase of fashion e-commerce player, KupiVIP, according to Russian media reports. Yandex not only has a widespread technology portfolio that has led it being called “Russia’s Google”, the company’s Yandex.Market also makes it… Source link
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