Online content should be regulated with a system somewhere between the existing rules used for the telecoms and media industries, Facebook CEO Mark Zuckerberg told global leaders and security chiefs on Saturday.
Earlier this week, President Trump released his latest budget proposal. And like all recent presidents have stated, Trump believes that his budget would promote spending cuts and deficit reduction.
And as the opposition in Congress always says when a budget is presented, the spending cuts are in the wrong place, and the deficit reduction depends on pie-in-the-sky assumptions.
As always, the truth probably lies somewhere in the middle.
But before we dive in, we have to take a brief dive into the national budget history – going back to 1969.
Since then, there has been a year-end budget surplus only five times.
According to Congressional …read more […]
Facebook Chief Executive Mark Zuckerberg said harmful online content should be regulated, adding that his company should be treated with a framework in between those used for existing media and telecoms companies.
Fentanyl in the form of a highly lethal, synthetic opioid that’s been making its way through the U.S. over the last decade. The largest source of this illicit drug is China. …read more […]
The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain’s decision to use 5G equipment made by the Chinese company.
TikTok is a popular app with Gen-Z and millennials. It has a strong user base in the west and is expanding around the world. With this growth, investors are asking about a TikTok IPO. Although, its parent company ByteDance is more likely to go public.
However, many investors are skeptical of an IPO. The company might not be worth its lofty valuation. ByteDance is an investment unicorn and one of the highest valued startups in the world. Private investors have valued it at as much as $78 billion. That’s steep, and there are other concerns the company needs to address before …read more […]
Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days.
The U.S. government has never been a model of consistency but lately the inconsistencies—foolish and otherwise—emerging from Washington directed at the tech industry have become truly mind-blowing. …read more […]
(Bloomberg) — It’s that time of the bull market again, when everyone decides things beyond the realm of rationality have taken over in equities. Demand is brisk for an account of all the ways investors have lost their minds.Concern is normal whenever the market is buoyant. When it’s 11 years into a massive rally and share values soar by $1 trillion in two weeks, skeptics come out of the woodwork. Records keep falling — the S&P 500 is setting one every 2 1/2 days — while valuations fatten. It’s enough to make the staunchest bull wonder about a reckoning.Dread is …read more […]
Spanish-language broadcaster Univision Communications Inc is in sale talks with a consortium of investors, a source familiar with the matter told Reuters on Friday.
German fund manager Allianz Global Investors is pushing every company it invests in to improve their climate-related disclosures ahead of the season for annual shareholder meetings.
Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
