The Federal Reserve on Thursday said it will tighten its ethics rules concerning personal finances among its most senior officials, the latest development in a trading scandal that has led to the resignation of two policymakers. The central bank said it has introduced a “broad set of new rules” that restricts any active trading and prohibits the purchase of any individual securities (i.e. stocks, bonds, or derivatives). The new restrictions effectively only allow purchases of diversified… Source link
Read More »Google tightens UK policy on financial ads after watchdog pressure over scams – TechCrunch
The UK’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google which has announced that it will, in the near future, only run ads for financial products and services when the advertiser in question has been verified by the financial watchdog, the FCA. The Google Ads Financial Products and Services policy will be updated from August 30, per Google, which specifies that it will start enforcing the new policy from September 6 —… Source link
Read More »Shenzhen Tightens Travel Rules; Toyota Gives Shots: Virus Update
(Bloomberg) — Shenzhen, China’s southern tech hub, is tightening restrictions on public transit and at the airport, after nearly 40 inbound passengers tested positive for Covid. Indonesia’s hospitals are starting to fill up as the country nears 2 million confirmed cases. Japan is looking to accelerate its vaccine rollout by allowing private employers and universities to administer shots on-site. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta… Source link
Read More »Alibaba Victim of Huge Data Leak as China Tightens Security
(Bloomberg) — Alibaba Group Holding Ltd. was the victim of a months-long web-scraping operation by a marketing consultant that siphoned up sensitive data including usernames and phone numbers, according to a court case that wrapped in June. A central Chinese court ruled that an employee of a consultant that helps merchants on Alibaba’s Taobao online mall was guilty of dredging up more than a billion data items on Taobao users since 2019, using that to serve clients. The court imposed jail… Source link
Read More »Google Tightens ‘Limit Ad Tracking’ Policies For Android Ad ID
Google will zero out the Android Advertising ID – literally – when users have opted out of personalized advertising starting later this year. The company notified mobile developers Thursday about the switch. Currently, users who have opted out of tracking and personalized advertising are still tagged by the Android ID when they open an app, since that ID is used for non-advertising use cases such as attribution, analytics and fraud detection. But beginning later this year, the… Source link
Read More »World’s Worst Stock Rout Deepens as Taiwan Tightens Virus Curbs
(Bloomberg) — Taiwan stocks slumped, extending their biggest rout in more than a year, as the government tightened restrictions on people and businesses to control its worst outbreak of the coronavirus. The Taiwan Stock Exchange Weighted Index closed the Monday session 3% lower, having slid as much as 4.2%, as authorities urged companies to allow staff to work from home or split locations after reporting a record 206 new local cases Sunday. The benchmark gauge sank 8.4% last week on concern… Source link
Read More »Microsoft Finds Bosses Out of Touch, Google Workspace Tightens Storage and More News
PHOTO: Adobe It is clear that the issue of remote working in the workplace of the future is creating quite a debate. Debate is always good, particularly when it comes to shaping the future workplace and the most recent salvo is particularly interesting. In fact according to Microsoft’s 2021 Work Trend Index, with over 40 percent of the global workforce considering leaving their employer this year, a new approach to hybrid work will be critical for attracting and retaining diverse… Source link
Read More »Google reportedly tightens grip on research into ‘sensitive topics’ – TechCrunch
Google is currently under fire for apparently pushing out a researcher whose work warned of bias in AI, and now a report from Reuters says others doing such work at the company have been asked to “strike a positive tone” and undergo additional reviews for research touching on “sensitive topics.” Reuters, citing researchers at the company and internal documents, reports that Google has implemented new controls in the last year, including an extra round of inspection for papers… Source link
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