As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.
Facebook's move to block all news content in Australia is an attempt to bully a democracy and will stiffen the resolve of legislators across the world to get tough with tech giants, a senior British lawmaker said.
Facebook Inc has blocked Australian users from sharing and viewing news content on its popular social media platform, escalating a dispute with the government over paying media publishers for content.
As the benchmark 10-year Treasury yield hits its highest levels in a year, investors are gauging how high bond yields can rise before they threaten a stock rally that has seen the S&P 500 gain 76% from its March 2020 nadir.
MELBOURNE (Reuters Breakingviews) - It is increasingly likely that U.S. technology titans will emerge only mildly scarred from a bruising battle in Australia. The government and the media industry are admirably standing up to Facebook
Australians woke to empty news feeds on their Facebook Inc pages on Thursday after the social media giant blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content.
Australians woke to empty news feeds in their Facebook Inc accounts on Thursday after the social media giant blocked all local media content in a surprise and dramatic escalation of a dispute with the government over paying for content.
Facebook Inc will restrict publishers and users in Australia from sharing or viewing news content in response to a proposed law that would require it and Alphabet Inc’s to pay publishers for content, the company said in a blog post on Wednesday.
Investing in tech companies can be risky, partly because change in technology tends to be revolutionary, not evolutionary. That makes it even more important to pick your tech stocks wisely. Finding companies that demonstrate a continued ability to innovate and maintain leadership
There's little question that both Apple (NASDAQ: AAPL) and Facebook (NASDAQ: FB) have been remarkable investments over the past decade, with each generating returns of roughly 600%. Yet recent changes to Apple's privacy policy have Facebook crying foul. Facebook even said, "We in
Facebook (NASDAQ: FB) and Apple (NASDAQ: AAPL) have been incredible investments over the past 10 years, each returning about 600%. Both are among the largest publicly traded companies in the U.S. For investors looking for stable, long-term returns, which is the better investing o
Congressional Democrats have begun discussions with the White House on ways to crack down on Big Tech including making social media companies accountable for the spread of disinformation on matters such as the U.S. Capitol riot and addressing the abuse of market power to harm corporate rivals.
Italy's competition watchdog has fined Facebook 7 million euros ($8.5 million) for not complying with a request to correct improper commercial practices in its treatment of user data, the regulator said on Wednesday.
Italy's competition watchdog said on Wednesday it had fined Facebook 7 million euros ($8.5 million) for not complying with a request by the regulator to correct improper commercial practices in the group's treatment of user data.
Treasury Secretary Janet Yellen stressed the importance of cooperation with the European Union in a call with the European Commission's vice president for the economy, Valdis Dombrovskis, on Tuesday, the U.S. Treasury Department said.
Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and broadcaster Nine Entertainment Co Holdings Ltd agreed on a licensing deal with Google.
Hedge fund Melvin Capital Management on Tuesday disclosed it had raised the put option on Class A shares of U.S. video game chain GameStop Corp to 6 million shares for the quarter ended Dec. 31, from 5.4 million shares in the past quarter.
Publisher and broadcaster Nine Entertainment Co Holdings Ltd has agreed on a content licencing deal with Google, one of its newspapers reported on Wednesday, the second large Australian media outlet to strike a deal with the internet giant.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Salesforce.com Inc (Symbol: CRM), where a total volume of 94,776 contracts has been traded thus far today, a contract volume which is representative of approxima
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