San Clemente, California Encouraged by his victory in last year’s recall call and looking forward to an easy re-election in November, California Gov. Gavin Newsom revealed his presidential ambitions over the weekend of the fourth of July. He challenged potential opponent Florida Governor Ron DeSantis with a TV commercial in Sunshine State.
Amazon.com agreed to add Grubhub to its suite of Prime services in the US in a deal that also allows the e-commerce giant to acquire a small stake, the parent company told the food ordering firm. Grubhub’s parent company, Holland-based Bare Eat Takeaway.com said Amazon has an initial opportunity to take a 2% stake in …
Amazon and Grubhub strike agreement to bring restaurant delivery to Prime members Read More »
LONDON – The United Kingdom’s antitrust agency opened investigations into Microsoft proposed takeover of Activision Blizzard and ind Amazon Inc.’s business practices, which strengthen Britain as a new regulatory power that Silicon Valley must reckon with. The UK Competition and Market Authority said on Wednesday that it was investigating whether Microsoft’s $ 75 billion bid …
UK expands new muscle in antitrust investigations over Microsoft and Amazon Read More »
Hold MSG … and the cryptocurrencies. Diners finishing the last of their General Tso’s chicken have been surprised to find an ad for cryptocurrency exchange FTX in their lucky cakes on the back of their lucky numbers. The fact that they share the photos is actually the point, according to a company called OpenFortune, which …
With Americans spending more on just about everything these days, one major expense has been uncharacteristically tame lately for nearly 15 million of them. Premiums for the so-called Obamacare health insurance schemes fell for the most part this year, but are set to rise sharply as subsidies expire in December. It could mean problems for …
Health premiums could rise for millions of Americans when subsidies expire Read More »
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High mortgage rates are forcing some homebuyers to opt for fixed rate loans over fixed rate loans to keep monthly costs down. Adjustable-rate loans, called ARMs, typically have a lower interest rate than a 30-year fixed-rate mortgage in the first year of the loan, and are then adjusted periodically based on one of several indices. …
Three reasons why homebuyers are considering adjustable rate mortgages Read More »
Cryptocurrency broker Voyager Digital said it has filed an application for Chapter 11 bankruptcy protection, days after it suspended withdrawals and trading on its platform amid growing turmoil in digital currency markets. The company said it has initiated a Chapter 11 restructuring in New York, where it is based, and will seek recognition of the …
Crypto Broker Voyager digital files for bankruptcy protection Read More »
Twitter legal challenge to the Government of India on online speech will be closely monitored by US technology companies – including Alphabet, Meta Platforms and Netflix – in hopes of making inroads into the world’s second largest internet market without being seen as enabling government censorship. If Twitter loses, the tight leash will become even …
Twitter’s match with Delhi will define online speech in India Read More »
Online advertising has not already had a good year. But things are getting worse, and Wall Street may be underestimating how much it is. The combined weight of macroeconomic factors such as rising interest rates, the war in Ukraine and rising inflation took some wind out of the online advertising market in the first quarter. …
Online ad decline will not be a crack for Google, Facebook, others Read More »