The big four tech giants announced box office earnings on Thursday, just a day after testifying before Congress about anti-competitive behavior. Facebook, Amazon, Google, and Apple added an additional $ 230 billion in market value. Analysts caution that while there may be more difficult times for these companies, their business …
Read More »Lee Teng-hui, Former President of Taiwan, Dies at 97
Lee Teng-hui, the first Taiwanese-born president of this island state whose thorny relationship with China and his unwavering passion for self-government set the tone for every leader he followed, died in a hospital in Taipei. He was 97 years old. Active until the end of his life, Lee died around …
Read More »The ‘rigorous choice’ goes from Trump’s complaint to campaign strategy
Short answer: We really don’t know. But there are three directions I could go. We break them down, and why the future of the world’s largest economy is practically in the hands of Congress. “I have no doubt where he is going,” said Pete Giangreco, a Democratic strategist who has …
Read More »Chevron (CVX) Q2 2020 earnings
Chevron reported a loss of $ 8.3 billion in the second quarter, as the coronavirus pandemic “significantly reduced demand.” Amid a historic drop in oil prices, the company’s average price per barrel of oil and natural gas liquids fell more than 60% year-over-year. The oil giant lost $ 1.59 a …
Read More »Australia to force Google and Facebook to pay news publishers
Facebook and Google logos Peter Foley / Bloomberg | fake pictures Google and Facebook may be forced to pay Australian news publishers to distribute their content, in a landmark regulatory move by the country’s competition regulator. Australia’s Competition and Consumer Commission was tasked with the government earlier this year to …
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