WASHINGTON — The Department of Homeland Security is warning of a possible violent militia rally on July 4 in Washington, D.C., according to a law enforcement document obtained by Yahoo News. The report, dated July 1 and produced by the Department of Homeland Security’s Office of Intelligence and Analysis, says that FBI reporting indicates that suspected violent extremists may be planning to attend a large public gathering for the July 4 holiday on Capitol Hill. As of mid-June, a private… Source link
Read More »Binance Isn’t Allowed to be Operating in the UK, Watchdog Warns
InvestorPlace SoFi Stock Looks Like a Good Value Below $21 SoFi Technologies (NASDAQ:SOFI) still looks like good value here now that it is public, which allowed it to receive $1.91 billion in additional cash. Moreover, on May 24, the company produced its 10-Q filing, and on May 31 it sent out an investor presentation. (For some odd reason, the company did not produce an actual earnings release, just a slide presentation.) Nevertheless, SOFI stock is still worth between $23.91 and $27.80…. Source link
Read More »Google now warns people about unreliable or quickly changing search results
Google is testing a new feature to notify people when they search for a topic that may have unreliable results. The move is a notable step by the world’s most popular search engine to give people more context about breaking information that’s popular online — like suspected UFO sightings or developing news stories — that are actively evolving. The new prompt warns users that the results they are seeing are changing quickly, and reads, in part, “If this topic is new, it can… Source link
Read More »Roubini warns on inflation, sees ‘crash’ if Fed moves on rates too soon
Surging inflation is creating a conundrum for the Federal Reserve, economist Nouriel Roubini cautioned on Wednesday, adding that spiking prices will persist and potentially tie the central bank’s hands. With demand soaring, the resulting supply and labor bottlenecks are lighting a fire under prices. Although the Fed insists the effects are “transitory,” Roubini — also known as “Dr. Doom” for his gloomy economic predictions — warned that the central bank won’t be able to tighten monetary… Source link
Read More »U.S. Warns China on Covid Origin; Cruise Sets Sail: Virus Update
(Bloomberg) — China will risk international isolation if it fails to allow a “real” investigation on its territory into the origins of the virus that caused the pandemic, U.S. National Security Adviser Jake Sullivan said. President Joe Biden is traveling to North Carolina on Thursday to encourage more Americans to get vaccinated. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta variant that first appeared in India. Scott Gottlieb, a former head… Source link
Read More »UK regulator warns Google about accepting scam adverts | Financial Conduct Authority
The City regulator has warned it will take legal action against Google and social media companies if they continue to accept advertisements for online financial scams that have flourished during the pandemic. The Financial Conduct Authority’s head of enforcement, Mark Steward, told the Treasury select committee on Monday that the UK had been blocked until recently from taking action against online platforms that failed to screen financial adverts to make sure they were approved by an… Source link
Read More »UPDATE 1-Lordstown warns of going concern risk, shares tank
(Adds Lordstown’s comment, details about cash) June 8 (Reuters) – Electric truck maker Lordstown Motors Corp expressed doubts about its ability to continue as a going concern, the company said in a regulatory filing on Tuesday, sending its shares down more than 20%. (https://bit.ly/3w4iOlG) “We believe that our current level of cash and cash equivalents are not sufficient to fund commercial scale production and the launch of sale of such vehicles,” Lordstown said. Lordstown reported a net loss… Source link
Read More »Alphabet, Facebook Drop as Citi Warns of Ad Growth Slowdown
(Bloomberg) — Alphabet Inc. and Facebook Inc. tumbled on Monday, leading a broad move lower in internet stocks after Citigroup Inc. warned about the outlook for digital advertising, a key source of revenue for the sector. The firm downgraded both names to neutral from buy, writing that “caution is in order” for companies that derive revenue from digital advertising. While ad budgets are expected to continue shifting online, growth is likely to decelerate, and “historically, that… Source link
Read More »Apple Q2 earnings crush analysts’ estimates but warns of chip shortages
Apple (AAPL) reported its Q2 2021 earnings after the closing bell on Wednesday, blowing away analysts’ expectations on the top and bottom line. Revenue was up a whopping 54% year-over-year on strong hardware sales in the quarter. Still, executives on Apple’s conference call warned of the impact of the ongoing global chip shortage on Apple’s hardware business. Supply constraints could have a revenue impact of $3 billion to $4 billion in the June quarter, Apple’s CFO Luca Maestri said on the… Source link
Read More »Australia warns Google and Apple over app stores
The Guardian Alphabet: revenue soared for Google owner as Covid brought more people online Company exceeded Wall Street’s expectations with $55bn in revenue, even as it continued to face landmark antitrust lawsuits Alphabet, the Google parent company, saw revenue jump 34% from a year ago. Photograph: Marcio José Sánchez/AP Google’s parent company, Alphabet, reported record profits for the second consecutive quarter and a 34% jump in revenues but warned bumper traffic and ad sales during… Source link
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