Regulations - Spark Newswire

2 minute read

Facebook Ireland Guilty Of User Privacy Breach During 2010-2020, Dutch Court Finds

Today, 3:54 AM

A Dutch court hearing a class action lawsuit on Wednesday held Meta Platforms, Inc's (NASDAQ: META) Facebook Ireland responsible for misusing the personal data of Dutch citizens from 2010 - 2020.

Alibaba Reaches Fresh Deal With China To Boost Hangzhou City’s Digital Economy, Reflecting Improved Relations With Beijing

By Anusuya Lahiri

Today, 3:54 AM

Alibaba Group Holding Limited (NYSE: BABA) assumed a crucial role in Hangzhou city's plans to lure more internet firms amid the "high-quality and healthy development of platform economy" under a deal with the local market regulator.

BABA

2 minute read

Cathie Wood Gets Elon Musk’s Nod After Slamming Regulatory Failure Over Banking Crisis: ‘Lot Of … Similarities To 1929’

By Bhavik Nair

Today, 3:54 AM

ARK Investment Management CEO Cathie Wood believes regulators should have focussed on the opaque failure points of the traditional banking system rather than blocking decentralized financial platforms “th

BTC

2 minute read

German Cannabis Legalization Efforts Get A Boost From Positive EU Feedback, Says Health Minister

By Joana Scopel

Today, 3:54 AM

There is positive news for adult-use cannabis legalization in Germany.

ACB

1 minute read

‘U.S. Senate’s banking panel chairman: Congress unlikely to tighten banking rules’ -Reuters

By Michael Horton

Today, 3:54 AM

https://www.reuters.com/world/us/us-senates-banking-panel-chairman-congress-unlikely-tighten-banking-rules-2023-03-14/

KBE

1 minute read

Why Uber, Lyft And Gig Economy Related Stocks Are Soaring Today?

By Anusuya Lahiri

Today, 3:54 AM

On Monday, a California appeals court sustained the current law classifying gig workers as independent contractors instead of employees. …

DASH

1 minute read

Best-Selling Drugs by Bristol Myers, Pfizer, AbbVie Likely Candidates For US Price Negotiation

By Vandana Singh

Today, 3:54 AM

Bristol Myers Squibb & Co’s (NYSE:BMY) Eliquis, Pfizer Inc’s (NYSE:PFE) Ibrance, and AbbVie Inc’s (NYSE:ABBV) Imbruvica are expected to be among the ten…

ABBV

2 minute read

The Bull And Bear Case On Charles Schwab: Are Shares Trading At Attractive Price Point Or Could This Be The Next Silicon Valley Bank?

By AJ Fabino

Today, 3:54 AM

Regional bank stocks suffered steep losses on Monday following the recent collapse of SVB Financial Group (Silicon Valley Bank) (NASDAQ: SIVB), which led to the government stepping in to support depositors.

SCHW

3 minute read

Why Silicon Valley Bank Collapsed: A Simple Explainer

By Adam Eckert

Today, 3:54 AM

Almost everyone has heard by now that one of the biggest banks focused on serving startups and innovative tech companies collapsed in a matter of days, but a lot of things played into its eventual destruction.

SIVB

2 minute read

China Names Former Ministry of Industry and IT Official Zhang Xin as Big Tech Fund Leader

By Anusuya Lahiri

Today, 3:54 AM

China has roped in Zhang Xin as the leader of the National Integrated Circuit Industry Investment Fund Co, better known as the Big Fund or Beijing's primary vehicle for supporting the country's chipmakers.

BABA