Tag Archives: response

Experts’ fears that people in wealthier countries will be vaccinated before those in poorer nations are coming to fruition. And the inequity could further pressure the global economy, according to a recent study supported by the International Chamber of Commerce. “Should countries continue to pursue an uncoordinated approach to vaccine distribution, the world risks global GDP losses in 2021 alone of as much as US $9.2 trillion,” the study said. Health officials around the world have criticized… Source link

Microsoft President Brad Smith criticized top rivals Amazon Web Services and Google Friday for not publicly sharing what they know about the SolarWinds attack. Smith told House of Representatives members that the Redmond, Wash.-based software giant has published 32 blogs describing whatever Microsoft has observed and seen from the SolarWinds attackers during their campaign, while Google has published just one blog and Amazon hasn’t published anything. AWS admitted Thursday the… Source link

SAN FRANCISCO — For months, Facebook and Google have been locked in a stare-down with news publishers and lawmakers in Australia. At the heart of the fight is whether the tech giants should pay news organizations for the news articles that are shared on their networks. Under a proposed law from the Australian Competition and Consumer Commission, both Google and Facebook would be required to negotiate with media publishers and compensate them for the content that appears on their sites.

TipRanks The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’ Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a… Source link

Google said on Monday that it had not used its multibillion-dollar deals with other large tech firms to protect its position as the dominant online search engine, in the company’s first formal rebuttal to the Justice Department’s accusations that those deals violated antitrust laws. The filing, a 42-page document, is a paragraph-by-paragraph — and sometimes sentence-by-sentence — denial of the claims made by the government and a group of states that have joined its lawsuit. In the… Source link

Canada announced Saturday a ban on exporting certain medicines that are or may soon be in short supply, a measure in response to a US plan to import drugs from its northern neighbor. The plan promoted by outgoing US President Donald Trump aimed at allowing pharmacists and wholesalers to import certain prescription drugs in bulk from Canada takes effect on Monday. The US plan is intended to lower prices for Americans, but comes at a time when the Covid-19 pandemic has increased demand for some… Source link

A former White House staffer who quit her role as part of Donald Trump’s coronavirus taskforce has lambasted the president’s “horrifying” response to the pandemic. Olivia Troye, former Homeland Security adviser to Vice President Mike Pence, has revealed how she became disillusioned over Trump’s continuous downplaying of the virus despite repeated warnings of its severity by the US’s top medical experts. Following Trump’s impromptu public appearance at a church nearby the White… Source link

ANKARA (Reuters) – Turkey gave an impassive first reaction on Sunday to Joe Biden’s presidential win, with Vice President Fuat Oktay saying it would not change relations between the old allies although Ankara will keep pressing Washington on Syria and other policy differences. Turkey stands to lose more than most other countries if Joe Biden is elected president since he is expected to toughen the U.S. stance against President Tayyip Erdogan’s foreign military interventions and closer… Source link

WASHINGTON (Reuters) – Alphabet’s Google must tell a district court how it will respond to a federal antitrust lawsuit by mid-November, with the two sides making initial disclosures later in the month, U.S. Judge Amit Mehta said in a brief order Friday. FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake The U.S. Justice Department sued Google on Oct. 20, accusing the $1 trillion company of illegally using… Source link