Google pays $90 million to avoid legal battle with developers

Google has agreed to set up a $90 million fund to be given to small app developers to settle abuse of dominance lawsuits to impose its terms. Read alsoThomas Kurian: “France is a priority for Google Cloud» 48,000 application publishers concerned The fund is intended for developers who earned less than two million dollars a … Read more

Google will remove data on family planning visits

After weeks of silence on the subject, Google announced on Friday that users’ location data would be automatically deleted when visiting a clinic specializing in abortions. “If our systems identify that a person has visited an establishment (sensitive)we will delete these location history entries shortly after they are visited”said Jen Fitzpatrick, a vice president of … Read more

Bitcoin in trouble again

The price of Bitcoin fell below $20,000, losing more than 5% on Thursday. This drop in the price of the best-known crypto-currency reveals the extent of the difficulties of this nascent financial industry. The price of Bitcoin had already crossed below the $20,000 threshold before rebounding. Since the spring, the price of Bitcoin has fallen … Read more

Regulator Seeks $1.7 Billion From Cryptocurrency Platform Accused of Fraud

Mirror Trading International (MTI) guaranteed investors potential returns of over 100% per year. The American financial regulatory agency CFTC has sued a South African speculative platform, as well as its manager, and is demanding the return of 1.7 billion dollars deposited in cryptocurrencies by customers. Placed in compulsory liquidation in July 2021, Mirror Trading International … Read more

Google ordered to pay 245 million dollars to an individual for “moral damage”

Google was ordered in Mexico to pay nearly $245 million for “moral prejudice” to an individual, the American search engine giant said on Friday, June 17, announcing its intention to appeal. Read also125 American newspapers attack Google and Facebook Google was ordered on June 13 to pay five billion pesos in favor of lawyer Ulrich … Read more

Tesla stumbles on Wall Street after reports of possible workforce cut

Saying to have “a super bad feeling about the economy”his boss Elon Musk would have mentioned in an e-mail the need to cut 10,000 jobs. Shares of electric car maker Tesla fell on Wall Street on Friday (June 3) after news reports of an email from Elon Musk mentioning the need to cut the company’s … Read more

“Three quarters of cryptocurrencies will disappear”

“Theoretically, bitcoin could drop to zero. But this probability is very low, ”said Julien Maldonato. 284945001/LLUIS – stock.adobe.com MAINTENANCE – For Julien Maldonato, partner at Deloitte, in charge of the financial industry, it is very unlikely that bitcoin will fall to zero. LE FIGARO. – Bitcoin has already lost 57% of its value since the … Read more

Finance: why cryptocurrencies are collapsing

For the first time since the end of 2020, bitcoin fell below the symbolic bar of 20,000 dollars (17,599 dollars) on Saturday. denisismagilov – stock.adobe.com ANALYSIS – Market reversals are commonplace with cryptocurrencies, which alternate up and down cycles. But the current upheavals seem more worrying than usual. The fall seems endless. Since November, the … Read more

the disillusionment of savers after the tumble of cryptoassets

By Jorge Carasso Posted 47 minutes ago, Update 47 minutes ago Bitcoin has lost almost 70% since its November 2021 high, falling to $17,600, before recovering slightly. 182699874/january – stock.adobe.com TESTIMONIALS – While bitcoin and other existing cryptocurrencies are falling sharply, savers are falling high. It’s a cold shower for the millions of savers who … Read more

“Cryptocurrencies: Time for Existential Questions”

Today, cryptocurrencies are used very little to pay. LP/WESTOCK – stock.adobe.com ANALYSIS – In recent years, cryptocurrencies have served more to speculate than to develop a new use. Will they soon be relegated to the storehouse of forgotten speculative objects? The bursting of the cryptocurrency bubble forces us to ask ourselves a major question: is … Read more