Tag Archives: scrutiny

The Education Department’s (ED) office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, is launching stronger standards for student loan servicers in an effort to tighten oversight. “FSA is raising the bar for the level of service student loan borrowers will receive,” FSA Chief Operating Officer Richard Cordray said in a statement.  As payments are set to resume on January 31, 2022, the agency’s moves — which follow on the back of recent news… Source link

By Herbert Lash NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual stocks on its… Source link

The logo of video-sharing website YouTube is displayed on a smartphone on November 19, 2018 in Berlin, Germany. Thomas Trutschel | Photothek via Getty Images LONDON — It’s Europe’s fourth big investigation into Google, and this time video-sharing site YouTube seems to be getting some special attention. The European Commission, the EU’s executive arm, announced last week that it had concerns that Google is favoring its own online display ad technology services, therefore potentially breaching… Source link

Online platforms underpinning the dominance of Apple and Google will come under scrutiny in the U.K. from a regulator with a record of securing changes from Big Tech. The Competition and Markets Authority, or CMA, announced on Tuesday that it had opened a study into the “effective duopoly” that Google GOOGL, -0.84% — owned by Alphabet — as well as Apple AAPL, -0.64% have over the major gateways to the internet. … Source link

Technology giants, including Alphabet Inc.’s Google and Amazon.com Inc., spent millions on lobbying in the first quarter of 2021 as they face heightened scrutiny from Democrats and Republicans over alleged anticompetitive practices. Google spent $2.7 million on federal lobbying in the three months ending March 31, according to disclosures filed with Congress. That’s a 49% increase from the same period a year earlier, and comes as the company has been steadily increasing its Washington… Source link

WASHINGTON — New research published earlier this month in the American Journal of Public Health argues that Florida is undercounting the number of people who died from COVID-19 by thousands of cases, casting new doubt on claims that Gov. Ron DeSantis navigated the coronavirus pandemic successfully. Conservatives have celebrated DeSantis for his handling of the pandemic, which has killed more than 30,000 residents of the state. Critics of the combative governor, meanwhile, say that many of… Source link

By Paresh Dave, Diane Bartz (Reuters) – Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. … Source link

By Paresh Dave, Diane Bartz (Reuters) – Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. … Source link

By Paresh Dave, Diane Bartz (Reuters) – Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. … Source link

By Paresh Dave, Diane Bartz (Reuters) – Google’s plan to block a popular web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. … Source link