Tag Archives: rein

[unable to retrieve full-text content]Independent ad tech urges regulators not to stop at divestiture to rein in Google  Digiday Source link

Federal Reserve Chair Jerome Powell made the case in a speech on Tuesday for the Federal Reserve’s independence, noting stable inflation is the foundation of a healthy economy and can require the central bank taking actions that are necessary, but not popular. “The case for monetary policy independence lies in the benefits of insulating monetary policy decisions from short-term political considerations,” Powell said at the Symposium on Central Bank Independence in Stockholm, Sweden. “Price… Source link

Just two weeks ago, House Speaker Nancy Pelosi renewed hopes that Congress might stop lawmakers from trading stocks on the grounds that they have access to non-public information. “We believe we have a product that we can bring to the floor this month,” Pelosi said on Sept. 14. But Congress is taking a breather until Nov. 14, after missing yet another deadline to ban or curb stock trading by senators and U.S. representatives. Lawmakers promise to take up the issue again when they re-convene,… Source link

Tesla (TSLA) CEO Elon Musk’s disclosure on Monday that he acquired a 9.2% stake in Twitter (TWTR) represents just the type of surprise for investors that U.S. regulators may soon curtail. In February, the U.S. Securities and Exchange Commission proposed a controversial rule change that it says can “modernize” disclosure rules for investors who buy a large block of a public company’s stock. Electronic filing advances since the rule was adopted in 1968, the agency says, make it possible… Source link

Facebook parent Meta (FB) took a huge earnings hit last week in part because of privacy changes Apple (AAPL) made to its iOS platform, but lawmakers may be poised to force Big Tech to take additional steps to protect users’ privacy. In a new interview with Yahoo Finance Live, Congressman Ro Khanna (D-Calif), whose district is in the heart of Silicon Valley, outlined three areas that lawmakers should focus on when it comes to tech regulation: privacy, antitrust regulation, and free speech. On… Source link

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly WASHINGTON, Jan 20 (Reuters) – Alphabet Inc’s (GOOGL.O) Google reported 27% higher U.S. lobbying expenditures for 2021 compared to 2020, spending $9.6 million for the year, according to the Senate lobbying disclosure database. That’s far below the more than $20 million it spent in 2018 but more than the $7.53 million that went to lobbying in 2020. Google spent… Source link

The Google sign is shown on one of the company’s office buildings in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo SYDNEY, Sept 28 (Reuters) – Australia’s antitrust regulator said on Tuesday it needed more powers to combat significant competition concerns in advertising technology, a market dominated by Alphabet Inc (GOOGL.O) unit Google. read more The stance could set up another clash between policymakers and the U.S. search engine leader after the same… Source link

WASHINGTON, Aug 11 (Reuters) – A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O). Democratic Senators Richard Blumenthal and Amy Klobuchar teamed up with Republican Senator Marsha Blackburn to sponsor the bill, which would bar big app stores from requiring app providers to use their payment system. It would also prohibit them from punishing apps… Source link

Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and Microsoft. That’s finally starting to change. But investors might be overlooking one major problem: potential regulatory risk. Alphabet is trading near an all-time high, thanks to strong digital advertising and booming demand for its Google Cloud services. The stock has outperformed most of the other big techs during the past six months,… Source link

In mid-October, the US Department of Justice (DOJ) filed a long-expected antitrust lawsuit against Google, one of the world’s largest and most influential companies. Claiming that Google has used deals with phone makers to keep its web search… Source link