This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 10, 2022 Plaudits for Biden on crypto order, but challenges loom The pistol for cryptocurrency regulation has officially been fired — and the crypto world is ready and raring to go. On Wednesday, the Biden administration issued its hotly-anticipated executive order that directs the federal government (with the advice and consent… Source link
Read More »Exxon Mobil shareholder vote a ‘watershed’ moment for climate change
The New York Times The Caribbean Conundrum: United by Tourists, Divided by COVID On the glassy blue waters surrounding the U.S. Virgin Islands, catamarans and pleasure yachts have packed the shoreline for the past year — a scene so busy and crowded, it is unimaginable, even before the pandemic. Indeed, the business of charter yachts is booming, and expected to pump at least $88 million into the local economy this season, almost double the roughly $45 million that came in 2019, according to… Source link
Read More »Australia closer to passing watershed Google, Facebook laws
FILE PHOTO: Google and Facebook logos and Australian flag are displayed in this illustration taken, February 18, 2021. REUTERS/Dado Ruvic/Illustration CANBERRA (Reuters) – Australia’s lawmakers on Tuesday inched closer to passing landmark laws that would force Facebook Inc and Alphabet Inc’s Google to pay news outlets for content and could set a precedent for tighter regulation in other nations. The country is on course to become the first to introduce laws that challenge big technology… Source link
Read More »Antitrust Suit Against Google is a Watershed Moment
The antitrust lawsuit against Google filed by the Department of Justice (DOJ) and eleven state attorneys general has the potential to be the most important competition case against a technology company since the DOJ’s 1998 suit against Microsoft. The complaint is broad, covering Google’s power over search generally, along with search advertising. Instead of asking for money damages, the complaint asks for Google to be restructured and its illegal behavior restricted. This suit flows from… Source link
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