Month: June 2019

Alphabet, Google’s parent company, faced an onslaught of 14 independent shareholder proposals during its annual meeting on Wednesday, most criticizing the concentration of power in the hands of a few executives and all demanding some kind of structural change to make the company more accountable—to workers, shareholders, Chinese dissidents, or prospective neighbors of Google’s planned
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Long before Facebook formally announced its new cryptocurrency, Libra, lawmakers were uneasy about the company’s ambitions to reach into the financial lives of its users. The fears centered on privacy, given Facebook’s prior breaches of trust, and how the company would handle that financial data. On Tuesday, officials awoke to a far more daunting prospect:
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Businessman standing in front of window with business thinking. baona | iStock | Getty Images The following is a modified excerpt from CNBC cybersecurity reporter Kate Fazzini’s “Kingdom of Lies: Unnerving Adventures in the World of Cybercrime, ” on sale wherever books are sold. Names of corporations and individuals have been changed to protect sources.  In
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CNBC’s Jim Cramer said Thursday that retail earnings have revealed the middle part of the sector is “struggling.” “There’s a market for high-end luxury goods and low-end mass market merchandise, but right now there’s not much space in between,” the “Mad Money” host said. Diving into the sector’s quarterly results, presented over the past weeks,
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Around half the world’s population still lacks access to the internet. Companies like Facebook, SpaceX, and Amazon want to change that by launching constellations of satellites into the sky, which will beam internet back down to Earth. But even if these projects succeed, tech giants may face a more fundamental problem in bridging the digital
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