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Monday, Apr 19, 2021
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Apple vs. Facebook, Cook vs. Zuck: Why iOS 14.5 Started a Big Tech Fight
China fines internet giant Alibaba for 'abusing its dominant position'
The Alibaba Group, the world's biggest e-commerce company, was fined €2.3 billion by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries.
What Coinbase’s Public Debut Means for Bitcoin and Crypto
US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind
Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to ...
China Says It Has No Desire to Replace Dollar With Digital Yuan
China’s goal for internationalizing its currency is not to replace the dollar, and the efforts to create a digital yuan are aimed at domestic use, a senior central bank official said Sunday.
Google Used 'Double Irish' Loophole to Dodge Billions in 2019 Taxes
Under the now-outlawed "double Irish" tax dodge, corporations transferred their intellectual property to holding companies registered in Ireland but run from tax havens like Bermuda, which siphoned off profits through royalty fees.
China's economy grows 18.3% in post-Covid comeback
China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
Reopening verdict: 'It was 'buzzing, chaotic and crazy'
On Monday morning, many business owners across the country nervously flipped signs from 'closed' to 'open'.
Citigroup to exit consumer banking in 13 markets
Citigroup is closing its consumer banking operations in 13 markets across Asia, Europe and the Middle East.
Hammerson: Shopping centre giant slashes rents in revival bid
Hammerson, owner of Birmingham's Bullring, is to cut rents for its retail tenants by 30% as it aims to recover from a year of lockdowns.
Gnome shortage: Lockdown and Suez canal blockage blamed
Supply chain issues and the popularity of garden centres during lockdown are causing a shortage of garden gnomes.
These 5 job searching strategies helped me get into Google, KPMG, and BCG. Mastering at least one of them will help you land a gig at top companies.
Eugene Hayden lists the pros and cons of using each strategy and shares how to maximize chances of getting into a top tech or consulting firm.
US imposes sanctions on Russia over cyber-attacks
The US has announced sanctions against Russia in response to what it says are cyber-attacks and other hostile acts.
Amazon's Bezos: Union defeat does not bring 'comfort'
Amazon boss Jeff Bezos has said the company's recent victory in defeating a high-profile unionisation drive in the US did not bring him "comfort".
The woman building HSBC's 3,000 roaming banker army
HSBC has started hiring hundreds of bankers under a new venture to seek out wealthy clients across China.
Is Alibaba's fate a warning to China’s tech giants?
It's been a tough week for Chinese tech firms.
Michelin-starred venue's €20 takeaway Covid burger
Unable to have guests due to the pandemic, a fine dining restaurant in Amsterdam turns to takeaways.
Delta CEO Ed Bastian declares 'it's absolutely safe to sit in the middle seat' in defiance of CDC suggesting airlines should block them
Delta's seat blocking policy ends on May 1. It cost the airline up to $150 million in potential revenue for March alone as more Americans fly.
Legendary investor Ron Conway tells us Coinbase is the new Google. Here's what that means for the next wave of startup founders.
Just like Netscape kicked off the dot-com era, Coinbase is ushering in a boom for crypto startups, Silicon Valley legend Ron Conway told Insider.
City of London calls for 'paradigm shift' in compliance tech at banks
Britain’s financial firms and regulators should step up the use of technology to cut the cost of compliance and make the City of London more globally competitive, a report said on Friday.
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