U.S. stock index futures rose on Monday as energy and bank stocks recovered slightly from last week’s losses, although anticipation of several economic readings this week kept gains in check. Nasdaq futures hit a record high as demand for technology stocks remained strong. Heavyweights, including most FAANG majors, rose in premarket trade. Tech had largely…
Futures Rise as COVID-19-Sensitive Sectors Recover
November 22, 2021
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What ‘Peng Shuai’s Letter’ Reveals of China’s Censorship; Behind the Scenes of the Biden-Xi Meeting
November 20, 2021
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Asia & PacificBusiness & EconomyChinaChina Business & EconomyChina Human RightsChinese Regimeeconomic policiesEconomieseconomyEpochTVInternationalInternational RelationsMedia & Big TechNational SecurityPeng ShuaiPolicies & ImpactsPoliticsSocial IssuesThe Wide AngleUSUS NewsUS-China relationsWorldWTAZhang Gaoli
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Asia & PacificBusiness & EconomyChinaChina Business & EconomyChina Human RightsChinese Regimeeconomic policiesEconomiesEconomyEpochTVInternationalInternational RelationsMedia & Big TechNational SecurityPeng ShuaiPolicies & ImpactsPoliticsSocial IssuesThe Wide AngleUSUS NewsUS-China relationsWorldWTAZhang Gaoli
In early November, shocking allegations on tennis star Peng Shuai’s Weibo account were leveled at China’s former Vice Premier Zhang Gaoli. Peng has since disappeared. The comments and her Weibo account also rapidly disappeared. World tennis champions Naomi Osaka and Novak Djokovic have publicly expressed their concern for Peng’s safety and whereabouts. They’ve called on…
Nasdaq Ends Atop 16,000 Mark for the First Time on Tech Strength
November 20, 2021
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The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five. Both the Nasdaq and S&P 500 index scored a winning week, up 1.2 percent and 0.3 percent…
Google Signs 5-year Deal to Pay for News From AFP
OAKLAND, Calif.—Alphabet Inc.’s Google will begin paying Agence France-Presse (AFP) for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law. News organizations, which have been losing ad revenue to online aggregators such as Google and…
S&P and Twitter Team on Stock Index Based on Tweet Sentiment
S&P Dow Jones Indices has teamed with Twitter on a new endeavor that will monitor tweets to score how social media denizens feel about publicly traded companies. What Happened The new S&P 500 Twitter Sentiment Index Series consists of two indices: The S&P 500 Twitter Sentiment Index, which measures the performance of 200 S&P 500…
Facebook Comes Under Scanner for False Climate Ads
November 19, 2021
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Facebook rebranded Meta Platforms Inc. advertisers promoted false and misleading claims about climate change on the platform in recent weeks, just as the COP26 conference was getting underway, Reuters reports. The conservative media network Newsmax ran an ad on Facebook that called the man-made global warming a “hoax.” The ad, which had multiple versions, garnered…
Judge Blocks New York Times From Publishing Project Veritas Documents
A New York judge on Thursday ordered the New York Times to appear in court next week and defend publishing legal documents from Project Veritas and, in the meantime, stop publishing the privileged materials. Justice Charles Wood said he may order the paper to remove all references to or descriptions to Project Veritas’s privileged attorney-client information…
Nasdaq Futures at Record High as Economic Concerns Drive Tech Demand
November 19, 2021
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Business & EconomyBusinesses in COVID-19Companiesconcernscongressdemandeconomiceconomic policiesEconomieseconomyEuropefuturesGold & CommoditiesinflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNASDAQNew YorkNY NewsPoliticsRegional-Local NewsTechUSUS NewsWorld
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Nasdaq index futures hit a record high on Friday as investors sought economically stable sectors after a small delay in voting on President Joe Biden’s $1.75 trillion spending bill, while rising COVID-19 cases in Europe also dented sentiment. S&P and Dow futures fell tracking losses in banks, airlines, and other economically sensitive sectors. Uncertainty over…
ICO Probes Companies Including Apple, Google
November 19, 2021
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appleBusiness & EconomyCompaniesGoogleInformation Commissioner's OfficeMedia & Big TechTechTech News
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The UK’s data protection regulator contacted 40 companies in the areas of social media, gaming, video, music streaming, including Apple Inc. and Google, Financial Times reports. The Information Commissioner’s Office aims to investigate their interactions with children, including location tracking, personalizing content or advertising, and serving up behavioral nudges, like automatically playing videos endangering children online and…
NBC Producer Who Allegedly Told Underling to Follow Rittenhouse Jury Deletes Twitter, LinkedIn Accounts
The NBC producer who was accused of telling one of her workers to follow the Kyle Rittenhouse jury bus on Wednesday deleted her social media accounts a day later. Irene Byon’s actions came after she was identified by name by Kenosha County Circuit Judge Bruce Schroeder, who read to the courtroom a police report detailing…
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