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President Biden Appoints Jonathan Kanter To Lead Antitrust Division At The Justice Department | Vinson & Elkins LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
U.S. Leads Coalition Accusing China of Hacking lawfareblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawfareblog.com Daily Mail and Mail on Sunday newspapers.
The Biden White House Ramps Up Antitrust Enforcement And Reform - With Executive Order 14036 The Biden Administration Signals Focus On Competition Policy - Anti-trust/Competition Law mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
LEADING THE DAY GOP sees debt ceiling as its leverage against Biden: Senate Republicans plan to demand big spending reforms in exchange for their support of legislation to raise the nation’s debt ceiling. Republicans are seeking leverage to rein in President Biden GOP senators are reviving demands they made in 2011, the last time there was a political standoff over raising the debt limit, but it’s a risky move. The 2011 debt limit was solved at the last moment, and a subsequent downgrading of the nation’s creditworthiness by S&P triggered a stock market meltdown. And if the U.S. actually defaults on its debt, which could happen within months, the consequences could be catastrophic.
To embed, copy and paste the code into your website or blog: A pair of the most prominent cryptocurrency exchanges announced this weekend that they’re taking steps to “curb a type of high-risk trading that has been blamed for sharp fluctuations in the value of Bitcoin and the casino-like atmosphere on such platforms globally.” FTX and Binance are lowering the amount of leverage they offer to 20 times from existing limits of 100+, a move aimed at protecting investors from the kind of huge crashes that hit crypto markets in May - NYTimes and FinancialNews Meanwhile, Bitcoin’s up to start the week—in part on speculation about Amazon’s “possible plans for cryptocurrencies and related technologies, after the company posted a job opening for an expert in digital currency and blockchain” - WSJ and Bloomberg and MarketWatch
), for more coverage. The day before members of a House select committee tasked with investigating the Jan. 6 Capitol riot are set to hold their first hearing, a group of tech accountability groups sent a report renewing their request for lawmakers to look into what they called Facebooks’s “significant responsibility” in the attack. ADVERTISEMENT Meanwhile, software group Kaseya strongly denied paying a ransom to regain access to its network and those of its customers following a ransomware attack earlier this month, which impacted as many as 1,500 companies.
DIG DEEP: Tech accountability groups are urging members of Congress to “dig deeper” into the role Facebook played in leading up to the Jan. 6 riot at the Capitol ahead of Tuesday’s House hearing about the attack, according to a report shared with The Hill on Monday.
MSFT) — is heating up. First off, that federal judge was more receptive to further investigate Facebook’s acquisitions of Instagram and WhatsApp. Then there is President Joe Biden, who is coming after Big Tech. On July 9, he signed a far-reaching executive order seeking to crack down on alleged anti-competitive practices in the technology sector. “Capitalism without competition isn’t capitalism,” Biden said when signing the wide-reaching directive. “It’s exploitation.” Then earlier this week, we learned that President Biden plans to appoint lawyer Jonathan Kanter as the head of the antitrust division at the Department of Justice (DOJ). Kanter has represented companies seeking to push antitrust enforcers into suing Google.
How tech won the pandemic and now may never lose We’re sorry, this service is currently unavailable. Please try again later. Dismiss By David Streitfeld Normal text size Advertisement In April 2020, with 2000 Americans dying every day of COVID-19, Jeff Bezos, Amazon’s chief executive and the world’s richest man, announced he was focusing on people rather than profits. Amazon would spend about $US4 billion ($5.5 billion) in the next few months “providing for customers and protecting employees,” he said, wiping out the profit the retailer would have made without the virus. It was a typically bold Amazon announcement, a shrewd public relations move to sacrifice financial gain at a moment of misery and fear. Bezos said this was “the hardest time we’ve ever faced” and suggested the new approach would extend indefinitely. “If you’re a share owner in Amazon,” he advised, “you may want to take a seat.”
Aon, Willis cancel $30 billion deal amid DOJ impasse investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Deal Boom Under Regulatory Threat themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.