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FILE PHOTO: Facebook logo and Australian flag are displayed in this illustration taken, February 18, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoWhile Facebook has announced deals with most of the country’s largest news outlets, some media companies including TV broadcaster SBS have been left out in the cold, raising questions about the scope and effectiveness of the law. The U.S. social media giant has inked deals with a range of Australian big media companies including News Corp to the Australian Broadcasting Corp and has a collective bargaining arrangement with rural publishers. As previously reported by Reuters, Facebook declined to negotiate a deal with the Conversation, which publishes public affairs commentary by academics, prompting a rebuke from the regulator which drafted the law. The Australian Communications and Media Authority, which will help enforce the law, declined to comment on the grounds that no technology firm had been designated so the law did not technically apply.
Persons: Dado Ruvic, , Andrew Hunter, Hunter, Hunter didn’t, we’ve, newsfeeds Organizations: SYDNEY, Facebook Inc, Reuters, REUTERS, Facebook, SBS, Special Broadcasting Service, Google, News Corp, Australian Broadcasting Corp, Australian Competition, Consumer Commission, Australian Communications, Media Authority Locations: U.S
FILE PHOTO: Facebook logo and Australian flag are displayed in this illustration taken, February 18, 2021. Facebook’s regional head of news partnerships, Andrew Hunter, said in an August email to publishers it had “now concluded” deals where it would pay Australian companies for content on its just-launched “Facebook News” channel. Facebook did not respond directly to questions about the statements from Broadsheet Media and SBS. The U.S. social media giant has inked deals with a range of large Australian big media companies including News Corp and the Australian Broadcasting Corp and has a collective bargaining arrangement with rural publishers. “The treasurer has no alternative but to revisit designating Facebook to ensure that it meets its commitments to public interest journalism in Australia.”
Persons: Dado Ruvic, Andrew Hunter, Nick Shelton, , Hunter, we’ve, newsfeeds, Josh Frydenberg, Peter Lewis Organizations: SYDNEY, Facebook Inc, Reuters, REUTERS, Facebook, SBS, Media, Special Broadcasting Service, Google, News Corp, Australian Broadcasting Corp, Australian Competition, Consumer Commission, Centre for Responsible Technology Locations: Australia, U.S
Philippines lower house approves VAT for big tech firms
  + stars: | 2021-09-22 | by ( ) www.reuters.com   time to read: +1 min
Voting 167-6-1, lawmakers late on Tuesday approved on third and final reading a bill imposing a 12% value-added tax (VAT) on digital transactions in the Philippines. It will require foreign-based digital service providers to assess, collect and remit VAT on the transactions that go through their platform. In July 2020, a lower house committee approved the bill, which will tax firms that provide digital service or goods through an online platform. A similar bill has been submitted to the Senate. The Philippines is a growing market for big tech firms, with Filipinos among the heaviest social media users in the world.
Persons: Lazada, Neil Jerome Morales, Martin Petty Organizations: Apple, Facebook, Google, Netflix, Senate, Spotify, Thomson Locations: MANILA, Philippines, Indonesia, Thailand
But the boys were left in the backseat of the vehicle while the man was at work, Lott said. The man made the discovery just after 5:30 p.m. after he drove to the day care center to pick up the boys. "The father was under some intense pressure at work that really had his mind somewhere else that day," Lott said at a news conference Tuesday. "And in his mind, he really believed that he had dropped the two boys off at day care. She said the boys' father made a "terrible mistake" that he will be reminded of for the rest of his life.
Persons: Leon Lott, Bryson, Brayden McDaniel, Lott, Naida Rutherford, Rutherford, It's Organizations: Sunshine, Early Learning Academy, Google, NBC Locations: South Carolina, Richland County, Blythewood, Columbia
In addition to the felony hate crime charge, Alberto Friedmann is also charged with felony aggravated assault with a motor vehicle, according to court records from Cook County. The woman heard the man yell using a racial slur, “Move your f------ car,” court records said. But the driver continued yelling racial slurs and exited his car and approached the woman’s car, court documents state. The defendant told the woman he spat on her “because he doesn’t like Black people,” court records said. The man did strike the rear driver’s side bumper, and the driver’s-side door of the woman’s car, records said.
Persons: Alberto Friedmann, Google Friedmann, John McNamara, , , Friedmann, motioned, McNamara, Shawn Ford Organizations: Ill, Google, National University of Health Sciences, Prosecutors, Records, NBC Chicago, NBC Locations: Chicago, Cook County, Oak Park, Lombard , Illinois, NBC Chicago, Illinois
FILE PHOTO: A logo is seen on the New York Google offices. New York City, U.S., July 29, 2021. REUTERS/Andrew Kell(Reuters) - Alphabet Inc-owned Google plans to buy an office building in Manhattan for $2.1 billion, even as most of its employees work remotely and companies adopt hybrid work models. The deal for St. John’s Terminal site in New York City, expected to open by mid-2023, will complete in the first quarter of next year, Chief Financial Officer Ruth Porat said in a blog post on Tuesday. The new investment “builds upon our existing plans to invest more than $250 million this year in our New York campus presence,” Porat said.
Persons: Andrew Kell, Ruth Porat, Sundar Pichai, ” Porat Organizations: New, New York Google, REUTERS, Reuters, Inc, St, Google Locations: New York, New York City, U.S, Manhattan, John’s
FILE PHOTO: A logo is seen on the New York Google offices. REUTERS/Andrew Kell(Reuters) -Google plans to buy an office building in Manhattan for $2.1 billion, as the Alphabet Inc-owned search engine giant joins fellow technology companies in investing in prime real estate, even as hybrid work models become common. Tech giants, with billions of dollars in cash reserves, have been taking advantage of lower office building prices across cities in the United States. While Big Tech is growing its footprint, others are vacating office spaces as pandemic-led remote working has prompted companies to reassess the need for real estate. Financial firms, including JPMorgan Chase & Co, were looking to sublet big blocks of office space in Manhattan, according to media reports here from earlier this year.
Persons: Andrew Kell, Ruth Porat, Taylor, ” Porat Organizations: New, New York Google, REUTERS, Reuters, Inc, St, Google, Tech, Facebook, Big Tech, Financial, JPMorgan Chase & Locations: New York, New York City, U.S, Manhattan, John's, United States, Farley, Madison
Apple Pay, for example, allows banks’ debit and credit card holders to set up an Apple wallet to make payments. But the EU watchdog said reliance on digital platforms for marketing and distribution of services creates new forms of financial, operational and reputational interdependencies. The trend is posing “some challenges” for regulators in monitoring market developments and any risks from these interdependencies, the watchdog said. EBA said it proposes to develop a framework next year to collect information about dependencies among banks on digital platforms, and create indicators to assess potential concentration, contagion and systemic risks. EBA said a small number of banks say they had encountered some issues in accessing digital platforms on terms they considered fair.
Persons: , Organizations: Regulators, Big, Finance, Apple, Google, Citi, , EU
LONDON (Reuters) - Regulators have little understanding of risks from banks creating digital marketplaces with tech companies and a framework is needed to spot potential contagion if things go wrong, the European Union’s banking watchdog said on Tuesday. But the EU watchdog said reliance on digital platforms for marketing and distribution of services creates new forms of financial, operational and reputational interdependencies. The trend is posing “some challenges” for regulators in monitoring market developments and any risks from these interdependencies, the watchdog said. EBA said it proposes to develop a framework next year to collect information about dependencies among banks on digital platforms, and create indicators to assess potential concentration, contagion and systemic risks. EBA said a small number of banks say they had encountered some issues in accessing digital platforms on terms they considered fair.
Persons: Yves Herman, , Organizations: Regulators, EU, REUTERS, Big, Finance, Apple, Google, Citi, Locations: Brussels, Belgium
Google said it is buying a Manhattan office building for $2.1 billion, one of the clearest signals yet of Big Tech’s growing appetite for office space, even as these firms embrace remote work. The deal for the new building on Manhattan’s West Side is the most expensive sale of a single U.S. office building since the start of the pandemic—and one of the priciest in U.S. history, according to data company Real Capital Analytics.
Organizations: Google, Real Capital Analytics Locations: Manhattan, U.S
CIOs Team Up With Other Executives to Counter Cyber Threats
  + stars: | 2021-09-21 | by ( James Rundle | ) www.wsj.com   time to read: +3 min
Heather Adkins, senior director of information security at the Alphabet Inc. -owned tech giant, said that CIOs must work closely with other executives such as chief risk and chief information security officers in order to build lasting and resilient technology architecture. Ms. Adkins was speaking at The Wall Street Journal CIO Network summit, held online Tuesday. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. Having collaborative relationships, including with risk officers, allows CIOs to draw on that expertise to inform technology decisions, she added. WSJ’s Dustin Volz explains why these attacks are on the rise and what the U.S. can do to fight them.
Persons: Heather Adkins, Adkins, “ It’s, , Google’s, WSJ’s Dustin Volz, Laura Kammermann, CIOs, Biden, William Ridgway, Skadden, Flom, James Rundle Organizations: Alphabet Inc, Wall Street, Google, Treasury Department, Infrastructure Security Agency Locations: lockstep, U.S, Slate, james.rundle
But are their efforts going to benefit humanity as a whole or just an elite few? Tech investor Jaan Tallinn, the co-founder of Skype, told CNBC that Silicon Valley's quest to live forever will eventually benefit humanity as a whole. "I think involuntary death is clearly morally bad, which makes the quest for longevity a morally noble thing to engage in," Tallinn said. Jon Crowcroft, a computer science professor at Cambridge University, told CNBC they'd be better off pumping more of their billions into climate change mitigation technologies instead of longevity research. But Tallinn told CNBC he finds the tech billionaire's efforts to support longevity research "commendable."
Persons: Jeff Bezos, Shepard, Alfred Lord Tennyson, Larry Page, Oracle's Larry Ellison, Palantir's Peter Thiel, Stefan Schubert, Sean O hEigeartaigh, Ó hÉigeartaigh, Ó, Jon Crowcroft, CNBC they'd, Bezos, Elon Musk, Yuri Milner, Ellison, Sergey Brin, Calico, Thiel, Donald Trump's, Peter Thiel Organizations: Technologies, London School of Economics, Political Science, CNBC, Tech, Jaan, Skype, Cambridge University's Center, Cambridge University, Tallinn, Altos, MIT Technology, Facebook, Oracle, Google, PayPal, PayPal Inc, VCG, Methuselah, Yorker, Unity Biotechnology Locations: Jaan Tallinn, Tallinn, Russian, New Yorker, San Francisco
Verily wants to untangle itself from Google's technology and prepare for a future beyond Alphabet. Alphabet life sciences unit Verily is working to untangle itself from Google's technology as it prepares for a possible future outside of its parent company, Insider has learned. The Flywheel project is focused on detaching Verily from this technical connective tissue so it can stand on its own two feet. The company is working with Google on the Flywheel project, the sources said. Flywheel will at least give Verily flexibility to make those decisions, and it may benefit the company in other ways.
Persons: Verily, Amy Abernethy, Andy Conrad, Stephen Gillett, Conrad, Andy, Deepak Ahuja Organizations: Google, Rite Aid Locations: untangle, California
In effect, Texas’ law bans abortions after about six weeks, which is long before many women even know they’re pregnant. We may be on the precipice of a post-Roe world. [You can listen to this episode of “The Ezra Klein Show” on Apple, Spotify, Google or wherever you get your podcasts.] This is also a particularly personal episode for me.My partner is 33 weeks pregnant. Reagan and I talk about what that means, what the state is saying about the personhood, or lack thereof, of those who become pregnant.
Persons: Roe, Wade, , Ezra Klein, Leslie Reagan, ” Reagan, Reagan Organizations: Apple, Spotify, Google Locations: Texas, Mississippi
PayPal is relaunching its app, adding new features including savings accounts and shopping tools. Users can now shop within the PayPal app. Players like Google have pursued similar strategies, launching bank accounts on Google Pay last year. Beyond winning more users, PayPal is also working to link its consumer-facing business with the merchant side. Square announced a similar function with Cash App payments last week.
Persons: Dan Schulman, , Schulman, Afterpay Organizations: PayPal, Google, Visa, Mastercard
Here are a few ways you can carry that proof on your smartphone like you would a boarding pass. So here are some ways you can digitize your vaccine card and carry that proof on your phone — and leave your actual card at home, safely tucked away in a desk drawer alongside your passport. Apple's new iOS 15 update includes a Health app for iPhone users to carry a digital form of their vaccination proof. For Android users, you can add the digital vaccine card to Google Pay. The app verifies your identity and immunization and then displays a QR code for you to show.
Persons: doesn't Organizations: Service, Google, Apple, NBA, Washington DC Locations: California, Arizona, North Dakota, West Virginia , Maryland, Washington, Mississippi, Minnesota , New Jersey, Utah
Roku is releasing an app on Shopify in a bid for the $16.4 billion small- and medium-sized businesses spend on local TV. And while Roku already has existing ad-buying tools that marketers could use to purchase streaming TV ads themselves, those were designed for ad-buying agencies, not individual businesspeople. And, if Roku gets SMBs to spend on the platform, ad demand could increase, leading to higher prices that benefit Roku. But there are other currently unsolved problems keeping SMBs from investing in streaming ads. Finally, video CPMs are higher than display or text-based ads, which often put the cost of streaming ads out of reach to SMBs, Aksman said.
Persons: NBCUniversal's Peacock, Roku, , OLIPOP, they're, Jared Lefkowitz, Jesse Math, Rob Aksman, Aksman Organizations: Hulu, SMB, Google, Facebook, Pew, SMBs, TV, CTV Locations: Hulu, SMBs
Google plans to buy a New York City office building for $2.1 billion, even as most of its workforce remains remote, the company announced Tuesday. The purchase is the the most expensive for any single U.S. office building since the pandemic's inception, according to The Wall Street Journal, citing Real Capital Analytics. Google already leases the building and said it would exercise an option to purchase the St. John's Terminal building in the Hudson Square neighborhood of Manhattan. Google plans to open the St. John's Terminal site at 550 Washington Street by mid-2023. The site will be Google's largest office outside of California, according to CFO Ruth Porat.
Persons: Ruth Porat Organizations: New, New York Google, Google, Wall Street, Analytics, CNBC, YouTube, Big Tech Locations: New York, Manhattan , New York City, U.S, New York City, Hudson, Manhattan, shutdowns, John's, California
August housing starts increased a better-than-expected 3.9% to an annual rate of nearly 1.62 million units compared to a revised 6.2% decline in July. Central bankers will put that data into the mix as they consider when to start tapering their massive Covid-era bond purchases. (CNBC)President Joe Biden, in his first address to the U.N. General Assembly as U.S. chief executive, plans to call on allies to cooperate on challenges including Covid and climate change. (WSJ)Shares of Uber (UBER) rose 5% after the ride-hailing and food delivery company revised higher its outlook for its third quarter. (CNBC)Universal Music Group surged about 30% in its stock market debut Tuesday, in Europe's largest listing of the year so far.
Persons: Jerome Powell, They're, Janet Yellen, Joe Biden, Biden, Johnson, Uber, Lady Gaga, Taylor Swift Organizations: Fed, CNBC, Democratic, General Assembly, Tuesday, Google, New, Real Capital Analytics, Universal Music Group, Euronext, Ford Locations: Central, U.S, America, New York City, Euronext Amsterdam
Conversations with coworkers can be awkward, especially when returning to in-person work. Like an improv scene, it is easier to know what to say and respond when the conversation begins on common ground. Similarly, if a colleague suggests an idea, try not to jump to an immediate judgement. Starting with a possibility, "That might work," or "Interesting," lets your colleague know that you're open to finding out more. And as you work on your communication skills, take it easy, trust yourself, and try to have some fun.
Persons: Megan Gray, I've, Improviser, Let's, we're, you'll, it's, You'll, Jim, , doesn't, You've, We've, improvisers, Scott Organizations: Service, Google, YouTube, Marvel
Google will buy a New York City office building for $2.1 billion, The Wall Street Journal reports. The tech giant plans to buy a New York City office building for $2.1 billion, the most money paid for an office building in the US since the onset of the pandemic, according to The Wall Street Journal's Konrad Putzier. It's also one of the most expensive sales of an office building in US history, the Journal reports. According to the Journal, Google has an option to buy the property and plans to do so in early 2022. The property is currently being redeveloped as a green office building, complete with open spaces and a rooftop terrace, Curbed New York reported in 2018.
Persons: Konrad Putzier, It's, Drew Angerer, Sundar Pichai, Pichai Organizations: Google, New, Street, Service, Washington St, Milk, Washington Street, Time Locations: New York City, Google Hudson, New York, Washington St, Chelsea, Hudson
Google on Tuesday announced it would spend $2.1 billion to buy a sprawling Manhattan office building on the Hudson River waterfront, further cementing the tech giant’s rapidly expanding presence in New York City and providing a jolt of optimism for a city lashed by the pandemic and the shift to remote work. Even before the pandemic, the four firms that make up so-called Big Tech — Amazon, Apple, Google and Facebook — had rapidly grown their operations and work force in New York. Their expansions during the pandemic have been one of the few bright spots for the city as it tries to mount an economic recovery in the pandemic. Google was already leasing the 1.3 million square-foot property. The company has 12,000 corporate employees in New York City — one of its largest satellite offices outside its California headquarters — and said on Tuesday it planned to hire another 2,000 workers in the city in the coming years.
Persons: Facebook — Organizations: Google, Coast, Tech, Apple, Facebook Locations: Manhattan, Hudson, New York City, St, United States, piecing, New York, California
New York (CNN Business) Google is dramatically expanding its office presence in New York City with a $2.1 billion purchase on Manhattan's West Side. The move comes even as the company embracing a hybrid work model because of the pandemic. Google said Tuesday that the new office will be an "anchor" of its sprawling city campus that houses much of its 12,000-strong regional workforce. Rendering of the Manhattan office building Google has purchased for $2.1 billion. New York is home to Google's largest workplace outside of California, and the company's footprint has steadily grown across the city in recent yearsRead More
Organizations: CNN, Google, Street Locations: York, New York City, Manhattan, New York, California
Google plans to buy office space in New York City for $2.1 bln
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +1 min
A logo is seen on the New York Google offices. New York City, U.S., July 29, 2021. REUTERS/Andrew KellSept 21 (Reuters) - Alphabet Inc-owned (GOOGL.O) Google plans to buy an office building in Manhattan for $2.1 billion, even as most of its employees work remotely and companies adopt hybrid work models. The deal for St. John's Terminal site in New York City, expected to open by mid-2023, will complete in the first quarter of next year, Chief Financial Officer Ruth Porat said in a blog post on Tuesday. read moreThe new investment "builds upon our existing plans to invest more than $250 million this year in our New York campus presence," Porat said.
Persons: Andrew Kell, Ruth Porat, Sundar Pichai, Porat, Akanksha Rana, Shinjini Organizations: New, New York Google, REUTERS, Inc, St, Google, Thomson Locations: New York, New York City, U.S, Manhattan, John's, Bengaluru
S&P 500 - % Dow - % Nasdaq - %Stocks begin to stabilize after a rout set off by China’s property market woes. The global growth outlook for 2021 was revised down slightly to 5.7 percent, from 5.8 percent. Erin Woo Despite having signed an N.D.A., Gangakhedkar printed out some documents and took them home when she left Theranos. Erin Woo Cheung said they were constantly having to recalibrate the machines, which made results take 2-3 days rather than the couple hours promised. Erin Woo Cheung just said she “became concerned about a month in” with the vitamin D samples, in November of 2013.
Persons: Ng Han Guan, Evergrande, hadn’t, ” Lauren Goodwin, , ” Joseph Kalish, Ned Davis, Andy Wong, China Evergrande, Xu Jiayin, , Zhiwu Chen, Adnan Abidi, ” Laurence Boone, Boone, Ms, ” Read, Fortune, Alyson Shontell, Roy Rochlin, Shontell, Alan Murray, “ Alyson, Shontell’s, Clifton Leaf, Brian O’Keefe, Sally Buzbee, Julie Pace, Axios, Sara Kehaulani Goo, Aja Whitaker, Moore, Taylor Swift, Drake, Billie Eilish, Mario Anzuoni, Lucian Grainge, Bob Dylan’s, William A, Vincent Bolloré, Read, Philip Cheung, ” Bernadette Del Chiaro, Del Chiaro, Joyia, Arnold Schwarzenegger’s, Biden’s, Audra Melton, Peter S, Goodman, Samuel Darguin, Elizabeth Holmes, Erin Griffith, Erin Woo, , Judge Davila, — Erin Griffith, Gangakhedkar, Holmes, Balwani, Cheung, Surekha Gangakhedkar, Erin Woo Cheung, she’d, Erin Woo Erika Cheung, We’re, Erika Cheung, Erin Griffith That’s, S., O.P., ory Organizations: Dow, Associated Press, Nikkei, Mizuho, New York Life Investments, Federal, Republicans, Ned, Ned Davis Research, Democratic, Associated, Beijing, University of Hong, Reuters, Organization, Economic Cooperation, Development, Business, Washington Post, Vivendi, Universal, Reuters Vivendi, Music, Apple, Spotify, Facebook, Pershing, Universal Music, Securities and Exchange Commission, The New York Times, , and Storage Association, Superior, of, Contractors State, Gov, Energy Department, Utilities, California Public Utilities Commission, Credit, Factories, Haitian American Caucus, Google, Coast, Royal Dutch Shell, ConocoPhillips, Shell, Chesapeake Energy, Activision Blizzard, Activision, Stanford University, Twitter, Walgreens Locations: Beijing, China, Europe, Asia, Hong Kong, Japan, University of Hong Kong, New Delhi, U.S, Paris, United States, Germany, France, Italy, Spain, Clifton, Billie Eilish ., Amsterdam, Tencent, California, Los Angeles, of California, San Francisco, Alabama, Haiti, New York, Manhattan, Hudson, St, piecing,
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