Amazon, Apple stay away from new French initiative to set principles for Big Tech

PARIS (Reuters) – U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes, government officials said on Monday.

FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo. REUTERS

French President Emmanuel Macron has sought for the past three years to cajole tech giants into collaborating with governments on a series of global challenges such as fighting hate speech online, preserving privacy or contributing to state coffers.

Amid a public outcry about technology groups’ good fortunes during the coronavirus pandemic this year, Macron’s advisers said on Monday that the president had asked tech companies to sign up to a new initiative called “Tech for Good Call” underlining principles for the post-COVID world.

The French government released a list of 75 executives of tech companies

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Business Continuity Planning Software Market Outlook: Investors Still Miss the Big Assessment | Stay Tuned for Latest Update

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (AB Digital via COMTEX) —
Latest Report Available at Advance Market Analytics, “Business Continuity Planning Software Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.

The global Business Continuity Planning Software market focuses on encompassing major statistical evidence for the Business Continuity Planning Software industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Business Continuity Planning Software study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the

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Tech icon criticizes San Francisco, announces move to Florida: ‘Impossible to stay here’

Bay Area tech icon Keith Rabois announced he’s leaving San Francisco permanently — and he is criticizing the city on his way out.

Rabois, an early executive at PayPal, Square, LinkedIn and more, told Fortune he is “moving imminently” because he’s finding it “impossible to stay” in San Francisco. After living in the Bay Area for 20 years, he said he plans on moving to Florida.

“I think San Francisco is just so massively improperly run and managed that it’s impossible to stay here,” Rabois told Fortune. He told the publication other friends in his peer group have done the same, and a look at his Twitter account shows multiple tweets about the so-called San Francisco exodus.

Rabois is a legend in Silicon Valley as an investor and a tech exec. He rose to prominence as part of the PayPal Mafia,

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Bitcoin is ‘here to stay’ thanks to huge demand from millennials, BlackRock’s Rick Rieder says | Currency News | Financial and Business News

Rick Rieder


  • Bitcoin is “is here to stay,” BlackRock’s chief investment officer of fixed income Rick Rieder told CNBC on Friday.
  • Rieder pointed to millenials openness to cryptocurrencies and digital payments as one reason why the popular crypto currency isn’t going anywhere.
  • While Rieder said he doesn’t own bitcoin in his own portfolio, he does see potential for bitcoin to “take the place of gold to a large extent,” according to the interview.
  • Visit Business Insider’s homepage for more stories.

Bitcoin isn’t going anywhere, according to BlackRock’s CIO of fixed income Rick Rieder.

In an interview with CNBC on Friday, Rieder said bitcoin is “here to stay” thanks to millenials’ openness to the cryptocurrency and digital payments in general.

The comments come in a month where bitcoin has surged 37% to levels not seen since its run to just under $20,000 in December of 2017.

Rieder believes bitcoin has

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Bitcoin is ‘here to stay’ thanks to huge demand from millennials, BlackRock’s Rick Rieder says



a man wearing a suit and tie: Steve Marcus/Reuters


© Steve Marcus/Reuters
Steve Marcus/Reuters

  • Bitcoin is “is here to stay,” BlackRock’s chief investment officer of fixed income Rick Rieder told CNBC on Friday.
  • Rieder pointed to millenials openness to cryptocurrencies and digital payments as one reason why the popular crypto currency isn’t going anywhere.
  • While Rieder said he doesn’t own bitcoin in his own portfolio, he does see potential for bitcoin to “take the place of gold to a large extent,” according to the interview.
  • Visit Business Insider’s homepage for more stories.

Bitcoin isn’t going anywhere, according to BlackRock’s CIO of fixed income Rick Rieder.

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In an interview with CNBC on Friday, Rieder said bitcoin is “here to stay” thanks to millenials’ openness to the cryptocurrency and digital payments in general.

The comments come in a month where bitcoin has surged 37% to levels not seen since its run to just under $20,000 in December of 2017.

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India Tycoon Asked to Pay $8.4 Billion to Stay Out of Jail

(Bloomberg) — India’s market regulator has petitioned the Supreme Court to direct tycoon Subrata Roy to immediately pay 626 billion rupees ($8.4 billion) meant for poor investors immediately, or cancel his parole.



Subrata Roy et al. posing for the camera: Subrata Roy, Chairman of Sahara India Pariwar, at the Supreme Court on April 27, 2017 in New Delhi, India.


© Photographer: Hindustan Times/Hindustan Times
Subrata Roy, Chairman of Sahara India Pariwar, at the Supreme Court on April 27, 2017 in New Delhi, India.

The Securities and Exchange Board of India said the outstanding liability of the Sahara India Parivar group’s two companies and the conglomerate’s chief Roy stand at 626 billion rupees, including interest, according to court filings seen by Bloomberg. Roy’s liabilities have ballooned from 257 billion rupees he was ordered to pay eight years ago.

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India’s Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion. The companies said monies were raised in cash from millions of Indians who could not avail banking facilities. Sebi

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There Are Many Reasons to Stay Bullish on Amazon Stock, Says 5-Star Analyst

If you’re looking for a blowout success story reflecting this year’s unique circumstances, look no further than mega-cap Amazon (AMZN).

The e-commerce giant has benefited immensely from the Covid-19 driven environment and has made all the right moves; Amazon has responded almost flawlessly to the outsized demand, delivering massive sales and profits in the process.

However, with the real prospect of a Covid vaccine becoming widely available in the relatively near future, are we about to see the new-old paradigm have a negative effect on Amazon?

Unlikely, according to Tigress analyst Ivan Feinseth. There are just too many reasons to back Amazon’s continued success.

That said, if we had to point out one weakness from Amazon’s recent blowout earnings, it would be the Q4 guidance, which came in below expectations.

“However,” Feinseth retorts, “Q4 will be helped by another successful Prime Day, where total sales surpassed $10.4 billion,

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