iab-policy

Elon Musk meets Speaker of the House Kevin McCarthy and Hakeem Jeffries

CNN — Elon Musk, CEO of Twitter and Tesla, with House Speaker Kevin McCarthy and Democratic Leader Hakeem Jeffries at the US Capitol in Washington on Thursday evening. McCarthy, leaving the meeting with Musk in his office, declined to comment other than to say, “He came for my birthday.” The California Republican turned 58 on …

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DOJ sues Google for its dominance in the online advertising market

CNN — The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance in the online advertising market and calling for its dissolution. The decision marks the Biden administration’s first successful antitrust case against a Big Tech company. The eight states joining the lawsuit are California, Colorado, …

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There has been an increase in attempts to smuggle eggs across the border, according to San Diego Customs

CNN — The high prices are leading to increased attempts to import eggs from Mexico into the United States, according to border officials. San Diego Customs and Border Protection officers have seen an increase in attempts to move eggs across the US-Mexico border, according to a tweet from Director of Field Operations Jennifer De La …

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BOJ Policy Meeting: Japan Maintains Ultra-Dovish Policy, Leaves Yield Curve Targets Unchanged

hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy …

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Jack Ma relinquishes control of the Ant group

CNN — Chinese billionaire Jack Ma will no longer control Ant Group after the fintech giant’s shareholders agreed to reshape its shareholding structure, according to a statement released by the company on Saturday. After the adjustment, Ma’s voting rights will drop to 6.2%, according to the statement and CNN’s calculations. Prior to the restructuring, Ma …

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SEC closes insider trading investigation of former Republican senator

CNN — The United States Securities and Exchange Commission has closed its insider trading investigation into stock trades made by the then senator. Richard Burr and his brother-in-law at the start of the pandemic, the former senator announced on Friday. “This week, the SEC informed me that it has concluded its investigation without action. I …

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Twitter layoffs continue under Elon Musk

CNN — Other Twitter employees were laid off Thursday as part of ongoing layoffs under new owner Elon Musk, including public policy and media and entertainment teams, according to tweets from affected employees. As part of Thursday’s layoffs, members of Twitter’s public policy team who remained after last month’s massive layoffs were again roughly halved …

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Elon Musk says he will step down as Twitter CEO – once he finds a replacement

CNN — Twitter owner Elon Musk confirmed on Tuesday night that he would step down as CEO of the company, but only when he identifies a successor, speaking directly for the first time to a Twitter poll he created this week in which millions of users voted to oust him. in s TweeterMusk said he …

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FTX Founder Sam Bankman-Fried Will Agree to Extradition to US

Nassau, Bahamas CNN — FTX founder Sam Bankman Fried will agree to be extradited to the United States. Jerone Roberts, the Bahamian attorney representing Bankman-Fried, confirmed Monday afternoon that his client “has agreed to be voluntarily extradited to the United States of America.” In a short interview with a local reporter obtained by CNN, Roberts …

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Biden begins filling strategic oil reserve, as Keystone pipeline leak prompts new emergency swap

New York CNN — The Biden administration on Friday announced plans to supply nearly 2 million barrels of oil to refineries through an emergency swap and simultaneously begin efforts to replenish the strategic petroleum reserve early in the year. next. The new emergency exchange aims to address “potential supply disruptions” caused by the shutdown of …

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