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26 Aug

How Israel Is Exploiting Google Ads to Discredit a UN Aid Agency

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What Kronenfeld says truly worries her is that Americans are being exposed to Israel’s propaganda while trying to understand UNRWA’s role in the ongoing crisis. Beside the search ads, Israel has aired video ads in the US through Google that say “UNRWA is inseparable from Hamas” and that it “keeps employing terrorists.” Public misunderstanding could further jeopardize support from the US government, which until the war had been the largest donor to UNRWA.“There is an incredibly powerful campaign to dismantle UNRWA,” Kronenfeld says. “I want the public to know what’s happening and the insidious nature of it, especially at a…

16 Aug

Geely, Xpeng, Xiaomi Boosted by Strong Vehicle Sales Amid Threats From EU Tariffs

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Chinese automakers including Xpeng Inc., Geely Automobile Holdings Ltd. and Xiaomi Corp. should all report higher vehicle sales, though challenges remain as competition heats up and the European Union moves ahead with tariffs.The EU is hiking tariffs on EVs made in China by as much as 48%, citing subsidies that harm the bloc’s carmakers that have been struggling to keep up with China’s new generation of green car manufacturers. Chinese EV makers including Geely are responding by working with European partners to bypass tariffs. Source link lol

15 Aug

Musk’s Free Speech Mantra Collides With Crackdowns on Hate Speech and Disinformation

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Elon Musk’s absolutist version of free speech has thrown the world’s richest man and his X social-media platform into the crosshairs of governments worldwide.In the UK, officials are weighing tougher rules for sites like X after a surge of online disinformation fueled an outbreak of riots. In India, X was ordered this year to remove posts and block certain accounts in response to farmer protests. And in Brazil, Musk is in a running battle with the nation’s highest court over its orders to suspend users who had circulated fake news. Source link lol

14 Aug

Startup Founder Pleads Guilty to Indecent Assault of Young Woman

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One-time startup leader Brian Wong pleaded guilty to criminal charges that he assaulted a young woman woman during the 2016 South by Southwest festival in Austin, Texas.With a jury trial looming in September, state prosecutors reduced the offense to indecent assault from attempted sexual assault, making it a misdemeanor instead of a felony charge, and Wong changed his plea from guilty to not guilty, according to records in Austin district court. His lawyer, Sam Bassett, didn’t respond to requests for comment. Source link lol

13 Aug

US Considers a Rare Antitrust Move: Breaking Up Google

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A rare bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations.The move would be Washington’s first push to dismantle a company for illegal monopolization since unsuccessful efforts to break up Microsoft Corp. two decades ago. Less severe options include forcing Google to share more data with competitors and measures to prevent it from gaining an unfair advantage in AI products, said the people, who asked not to be identified…

13 Aug

Traders Hope Alphabet’s Pixel Event Can Stem $360 Billion Rout

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Alphabet Inc. investors are anxiously awaiting a Google hardware event on Tuesday — banking on new AI features to help stop a selloff that’s wiped out more than $360 billion in market value in just one month.Google is unveiling one of the biggest redesigns of its Pixel phones in their nearly decade-long history at an event starting at 10 a.m. in Mountain View, California. While the devices are usually an afterthought for investors because of their small revenue contribution relative to Google’s digital advertising business, expectations are high that new AI capabilities could demonstrate leadership in the highly competitive arena.…

12 Aug

India’s Bharti Agrees to Buy 24.5% of Carrier BT From Altice

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Bharti Global has agreed to buy about 24.5% of BT Group Plc, a deal to invest in a $17 billion British carrier that will accelerate an expansion overseas.Bharti, an affiliate of Indian conglomerate Bharti Enterprises, is buying stock from shareholder Altice UK, it said in a statement. The Indian firm said it has no intention of offering to buy out the rest of BT. Source link lol

11 Aug

The Race Is On to Build The Next Profitable Streaming Service

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The five major Hollywood streaming services reported a collective profit of $3.2 billion in the first six months of this year. Source link lol

09 Aug

Alibaba, Tencent to Provide Snapshot of China’s Economic Landscape

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Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region.The tech giants remain focused on boosting shareholder returns, so more buybacks might be in store when they report, accordingBloomberg Terminal to Bloomberg Intelligence analysts Robert Lea and Jasmine Lyu. Source link lol

09 Aug

Advertising Group Shuts Down After Elon Musk’s X Files Lawsuit

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The Global Alliance for Responsible Media, a prominent coalition of advertisers, dissolved on Thursday, just days after Elon Musk’s X filed a lawsuit against the organization. GARM was established in 2019 by the World Federation of Advertisers, a network of major businesses whose members include Nike Inc., McDonald’s Corp. and Procter & Gamble Co., among others. The coalition provided a set of widely-used guidelines for brand safety controls, which help advertisers prevent harmful content such as hate speech or violent content from appearing next to their advertisements on social media platforms and other places. Source link lol