As US Regulators Step Up Antitrust Scrutiny, Big Tech Has Increased Lobbying Bandwidth

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Facebook, Amazon, Apple, and Alphabet have spent more than $330 million on attempts to influence federal lawmakers since 2008. (By Frank Bass, MapLight ) The nation’s largest tech companies, which are currently facing state and federal investigations to determine if they’ve become monopolies, have devoted almost 10 percent of their lobbying efforts to shaping labor,…

Pablo Soria de Lachica Compares Facebook’s Cryptocurrency Project, Libra, to Bitcoin

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MEXICO CITY, MX / ACCESSWIRE / September 6, 2019 / The rapid expansion of alternative currencies has led to a broadening interest from larger companies to enter the market themselves, as evidenced by Facebook’s recent announcement of its own forthcoming digital currency, known as Libra.While this new endeavor shares some similarities with the pioneering cryptocurrency…

Find Attractive Stocks in this Undervalued Industry

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In my market outlook , I showed the market as a whole is more expensive than it’s been at any point since before the ’08 recession.We may not be in tech bubble territory yet, but there are many “micro-bubbles” throughout the market where individual security valuations have become disconnected from cash flows.However, the existence of…

Will the pound extend its two-day surge?

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Will the pound extend its two-day surge? Will the pound extend its two-day surge? #yahoo Pound enjoys biggest two-day surge in 10 months as Johnson suffers setback The Dow adds 1.4pc while Asian markets also rise WeWork slashes $47bn valuation in half amid fears of overhyped ‘unicorns’ ECB rate cuts: When does the financial medicine…

What’s happening in the world of cryptocurrency?

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At the Pattaya City Expats Club (PCEC) meeting on Sunday, August 18, Daniel Schwartz returned to speak on the latest events in the world of cryptocurrency, especially how the upcoming Facebook Crypto could change your life.Dan previously spoke to the PCEC in December 2017 at the height of the Bitcoin and Cryptocurrency market fervor.He says…

Swiss National Bank concerned about digital currencies impact on monetary policy | Kitco News

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Swiss National Bank concerned about digital currencies impact on monetary policy Reuters Thursday September 05, 2019 12:34 Kitco News Share this article: ZURICH (Reuters) – Digital currencies like the Facebook-led Libra project which are linked to a basket of currencies could hinder the Swiss National Bank’s ability to conduct monetary policy, SNB Chairman Thomas Jordan…

European Central Bank Calls Libra a “Cartel-Like” Operation

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0 FRANKFURT – Member of the Executive Board of the European Central Bank, Yves Mersch, shared some insights about the history of money circulation, later focusing on the future of Euro, and Facebook’s new venture aiming to become a global cryptocurrency standard, during his speech at the ESCB Legal Conference yesterday morning. Originally from Luxembourg…

Facebook hires lobbyist to help navigate Libra cryptocurrency

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With Theodoric Meyer and Daniel Lippman FACEBOOK HIRES CRYPTOCURRENCY LOBBYIST: Facebook hired John Collins , a partner at FS Vector , to lobby on blockchain policy, according to a disclosure.The hiring comes as the social media giant makes an aggressive push to quell lawmakers’ concerns over its proposed cryptocurrency project, Libra, after it went public…

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