Tag Archives: restrictions

Germany’s competition regulator is looking into possible abuses related to how Google operates its Maps product. It’s the latest proceeding the Federal Cartel Office (FCO) has opened against Google — with earlier (ongoing) investigations into the tech giant’s News Showcase licensing practices and its data terms. However the Maps proceeding is the first initiated under tougher abuse controls which have applied to Google’s business in Germany since January — when the… Source link

Yahoo has announced a series of Metaverse and NFT-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region. Yahoo, a US-based internet media company, revealed that it will host a series of virtual events and concerts for Hong Kong residents in the Decentraland metaverse. According to Lorraine Cheung, the head of audience at Yahoo Hong Kong, the company sees the Metaverse as an attractive alternative for Hong Kong residents looking to engage… Source link

U.S. stock futures declined Monday morning following global equities lower, as concerns over an escalating COVID outbreak in China added to jitters over U.S. economic growth in the face of heightened inflation and monetary policy tightening. Contracts on the S&P 500 fell by nearly 1% ahead of the opening bell, as the index looked to add to last week’s losses. The Dow and Nasdaq each also headed for lower opens. U.S. Treasury yields dropped, and the benchmark 10-year yield hovered just above… Source link

The Federal Reserve on Friday codified a set of new rules that restrict some of the nation’s most powerful economic policymakers from actively trading stocks and other securities. Senior officials at the central bank will not be allowed to purchase individual stocks or sector funds, and will be prohibited from holding individual bonds. The rules were expanded to cover cryptocurrencies, commodities, foreign currencies, derivatives contracts, short sales, and purchases on margin. Federal… Source link

Confusion has led to a six-fold increase in searches related to Covid-related travel restrictions. getty Google search trends offer not only a fascinating window into the public’s most pressing questions, but they can also be a huge indicator of what’s driving ad dollars for the tech behemoth. Simply put, the more searches for a given topic, the more eyeballs that land on related ads. It’s nearly impossible to overestimate how the Covid-19 pandemic has impacted what… Source link

American technology providers are under intense pressure in Europe after a regulator there found Google Analytics’ services illegal. The decision is expected to spur a domino effect that could result in similar restrictions for other U.S. tech providers. The recent ruling means American companies beyond big tech firms will have more difficulties moving data from Europe to the U.S., and could lead to tougher scrutiny from privacy regulators of banks, airlines and other sectors, privacy… Source link

UK prime minister Boris Johnson said that people must work from home where possible from Monday and that face masks would be a legal requirement in most public indoor areas such as theatres and cinemas from Friday. Photo: Adrian Dennis-WPA Pool/Getty Images European stock markets tumbled into the red on Thursday as England is set to impose its COVID Plan B amid fears of a rise in Omicron cases. In London, the FTSE 100 (^FTSE) shed 0.4%, while the CAC (^FCHI) dropped 0.3% and the DAX (^GDAXI)… Source link

U.S. airlines expect a surge of international travelers when the United States reopens to fully vaccinated visitors Monday. The Biden administration announced the new guidelines in September and set Nov. 8 as the day the borders open. “Delta (DAL) has seen a 450% increase in international point-of-sale bookings versus the six weeks prior to the announcement,” the airline stated in a press release that predicts many international flights will be 100% full and stay that way for several… Source link

The U.S. Securities and Exchange Commission (SEC) is still weighing its response to the frenzy over meme stocks, but its leader acknowledged that investors were among the losers when brokerages abruptly restricted trading in late January. “Restrictions on trading that fateful Friday in January was not good for the retail investors that wanted access to the markets,” said SEC Chair Gary Gensler during Yahoo Finance’s All Markets Summit. That “fateful Friday” was Jan. 29, when several… Source link

The GameStop phenomenon hit corporate America in the coffers this week. On Sept. 16, MassMutual paid a $4 million fine to settle a litigation with Massachusetts securities regulators, according to a Wall Street Journal report.  The financial-services company got busted for not properly supervising Keith Gill, the 34-year-old MassMutual employee and YouTuber, who went by the alias “Roaring Kitty” on social media. Gill gained a cult-like following among retail investors on Reddit for posting… Source link