lina

TMN - google

Google Faces New EU Rules to Curb Illicit Content

Alphabet’s unit Google and other major technology companies face new online rules set by the European Union. The latest order will force tech companies to take greater responsibility for the content that appears on their platforms. On Saturday, EU countries and lawmakers agreed to approve the Digital Services Act (DSA). This legislation will require online …

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EU demands paying in euros for Russian gas

EU demands paying in euros for Russian gas

The companies would also require other conditions on the transactions, such as a statement that they consider their contractual obligations complete once they have deposited the non-Russian currencies. Moscow has cautioned Europe it risks having gas supplies cut unless it pays in roubles. In March, it published a decree proposing that energy buyers open accounts …

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stocks

Asia-Pacific stocks slide; Hang Seng drops 3%

On Monday, Asia-Pacific stocks registered significant losses following a sell-off on Wall Street last week. Hong Kong’s Hang Seng index sharply fell 2.57% or 530.33 points to the 20,108.19 mark. At the bottom index, Haidilao International Holding lost 11.99% or 0.23 points to $1.72 per share. The stricter health restrictions in China weighed on the …

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TMN - snap inc.

Snap Warns Inflation Could Hurt Advertising Demand

Snap Inc, the parent company of Snapchat, warned on Thursday that supply-chain disruptions and inflation could continue to pull advertising demand. The Santa Monica-based company emphasized that labor shortages and other economic challenges could pressure the firm’s revenue. Correspondingly, it forecasted second-quarter revenue growth between 20.00% and 25.00% over the previous year. This projected growth …

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Contrarian Investing: What It Means to Go Against the Flow

Contrarian Investing: What It Means to Go Against the Flow

  Contrarian investing is all about doing the opposite of what the majority is doing. So if you’re selling, contrarians are buying and vice-versa. Contrarian investing is an investment method where you go for assets that are currently out of favor. So if the stock market is having a selloff, contrarian investors take that opportunity …

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