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- A + A (Aug 10): The US Department of Justice (DOJ) is preparing to sue Google as soon as next month, according to people familiar with the matter, capping years of work to build a case that the Alphabet Inc unit illegally dominates the digital advertising market. Lawyers with the DOJ’s antitrust division are questioning publishers, in another round of interviews, to refresh facts and glean additional details for the complaint, said three people familiar with the conversations, who asked not to be named discussing an ongoing investigation. Some of the interviews have already taken place, and others are scheduled in the coming weeks, according to two of the people. They build on previous interrogations conducted during an earlier stage of the long-running investigation, the people said. An ad tech complaint, which Bloomberg had reported was in the works last year, would mark the DOJ’s second case against Google, following the government’s 2020 lawsuit alleging … [Read more...] about US DOJ preparing to sue Google over digital ad market ‘domination’ as soon as September

INQUIRER.net Stock Photo Micro, small and medium enterprises (MSMEs) comprise 99.5 percent of business enterprises in the Philippines. The Department of Trade and Industry (DTI)’s 2020 MSME statistics show that the MSME sector accounted for more than 60 percent of jobs in the country. Further, the United Nations points to MSMEs as key to our country’s inclusive recovery from COVID-19. The push to digitalize and innovate MSMEs is one of the key priorities of DTI. We in DTI are working to accelerate the growth of MSMEs and enable them to scale up from micro to small, from small to medium and from medium to large, through innovation and digitalization. We support innovation and digitalization to improve MSMEs’ productivity growth and employment generation. Innovation and digitalization will enable MSMEs to participate in global value chains, enhance their digital and entrepreneurial competencies and access management and workforce skills. They can also avail of diversified … [Read more...] about The push for MSME digitalization and innovation

This story is part of Fast Company’s Most Creative People in Business 2022 . Explore the full list of innovators who broke through this year—and had an impact on the world around us. advertisement advertisement While many businesses floundered during the pandemic, Big Tech thrived. Even as markets have entered bear market territory, large technology companies—including Apple, Microsoft, Amazon, Meta Platforms, and Alphabet—still account for nearly 20% of the S&P 500, a weighted index of the largest public players in the U.S. But stock market indices don’t begin to capture Big Tech’s influence—over culture, speech, business formation, and even democracy. And no one person is doing more to compel technology companies to take responsibility for their power than Margrethe Vestager, a Danish politician who has served as Europe’s commissioner for competition since 2014. Vestager first made international headlines in 2016 for handing Apple a $14.5 … [Read more...] about How Margrethe Vestager got the upper hand over Big Tech

Share to Twitter Share to Linkedin A decade ago, most fashion runways and even commercial print ads looked very similar, with models all looking identical, as if they all came from the same mold. However, just recently, there has been a shift in diversity and inclusion, not only in race and ethnicity but in size, age and disability. Brands are realizing the power of using models that the everyday consumer can connect and relate to authentically. Additionally, on the backend, modeling agencies are shifting practices to provide more support, guidance and care for the mental well-being of their clients. Agents are leveling up their approaches to attract and retain top talent in all categories of modeling. Jules Newmark, founder of the namesake newMark Models, created a 360-degree approach to fashion marketing and advertising while positioning the growth and happiness of the talent first. Part of her strategy is empowering her clients to set and achieve lofty … [Read more...] about Meet The Modeling Agent Focusing On Her Talents’ Growth, Well-Being Utilizing A 360-Degree Approach

Startup founders need every tool at their disposal to successfully launch and grow their businesses. One of those tools is a clear understanding of how the licensing business model can be employed to support their goals , including speed to market and filing intellectual property that is attractive to investors. The concept of licensing has been around for a very long time. The inventor of the first patented technology -- Samuel Hopkins, in 1790, for a new method of manufacturing potash and pearl ash -- licensed it to a local businessman the next year, says historian Arthur Daemmrich at the Lemelson Center for the Study of Invention and Innovation. Basically, one party (the inventor or artist) grants another party (typically a company) the right to produce and sell something they created. As far as I can tell, most startup founders aren't very familiar with the concept of licensing a product onto the market. Venturing -- the traditional method of bringing a … [Read more...] about The Benefits of Licensing for Startups.

Adrian Wail Akhlas (The Jakarta Post) PREMIUM Jakarta   ● Thu, November 19, 2020 Finance Minister Sri Mulyani Indrawati has called for fair competition in the financial technology (fintech) industry to support economic growth while raising concerns over potential domination by bigger companies. The minister pointed to the absence of a “level playing field” in the fintech industry and said that as fintech startups grew, they were usually acquired by even bigger companies. “There will never be a level playing field because the bigger the company, the bigger their capital and liquidity to dominate the market. […] It is going to be difficult for new entrants to establish their presence,” she told a forum held by Bloomberg on Wednesday. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and … [Read more...] about Sri Mulyani calls for ‘level playing field’ through fintech policy approach

U.S. stocks continued to claw their way back last week, especially growth stocks . For the week, the Nasdaq posted a gain of 2.2% and the S&P 500 rose 0.4%. The Dow? Not so much, sliding just 0.1%. A blowout jobs report for July offered up another dose of good news for the economy and not-so-good news for the stock market, but equity investors hung in there. U.S. employers added 528,000 jobs to their payrolls last month , which was more than twice what was expected, and that added credence to the Federal Reserve 's stance that the U.S. economy is not in a recession given the continued strength of the labor market. So, the thinking goes, the Fed will continue to be aggressive in raising interest rates to cool down inflation, because it's not impacting companies' willingness to hire. That led to a steep selloff in U.S. Treasurys, with the yield on the 10-year Treasury note ending the week at 2.83%. Oil prices continue to tumble, hitting their lowest level since early … [Read more...] about Live from InvestFest with Downtown Josh Brown, BitBoy Crypto, and Lamar Wilson

This article first appeared in Forum, The Edge Malaysia Weekly, on August 8, 2022 - August 14, 2022. - A + A For the hosts, for women’s football and for equality, it could hardly have gone better. The Women’s Euro 2022 championship, won by England, was played before packed crowds, record TV audiences, and is being hailed as “a watershed” for both the sport and the women’s rights movement. Clearly, the goalposts have shifted. It was great for business and the football was pretty good, too. In England, sponsors are rushing to make unknown players overnight millionaires, while male chauvinists are admitting that women can actually play the game. Some are even jesting that the Lionesses’ coach, Sarina Wiegman, should take over the men’s team! But for it to make a global impact, two questions remain: Will the interest last and will it spread? If both answers are in the affirmative, the potential is truly off the charts. According to AC Nielsen, football … [Read more...] about Business of Sports: Lionesses deserve larger share of football’s spoils

Thibault Marchand (Agence France-Presse) (The Jakarta Post) PREMIUM Kyiv   ● Wed, August 10 2022 The Kremlin accused Ukrainian forces on Monday of firing on Europe's largest nuclear power plant in occupied Ukraine and warned the alleged attacks could have "catastrophic consequences". Kyiv said Moscow was responsible and called for the area to be demilitarized, adding that two employees had been wounded in recent attacks. Fighting continued meanwhile along battle lines stretching across eastern Ukraine, and Russia continued its crackdown on dissent at home. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login Or let Google manage your … [Read more...] about Kremlin accuses Kyiv of shelling Zaporizhzhia nuclear plant

Assistant Minister of Foreign Affairs Hua Chunying speaks during a press conference at the Ministry of Foreign Affairs in Beijing on August 4, 2022. – China’s largest-ever military exercises encircling Taiwan kicked off on August 4, in a show of force straddling vital international shipping lanes after a visit to the island by US House Speaker Nancy Pelosi. (Photo by Noel Celis / AFP) BEIJING — A senior Chinese foreign ministry spokesperson has prompted a storm of ridicule online, after a late-night tweet where she used restaurant listings to assert Beijing’s claim over Taiwan. “Baidu Maps show that there are 38 Shandong dumpling restaurants and 67 Shanxi noodle restaurants in Taipei,” spokesperson Hua Chunying posted on the social media site late on Sunday. “Palates don’t cheat. #Taiwan has always been a part of China. The long lost child will eventually return home,” she added. Hua’s tweet comes at the end of a week of tensions around the Taiwan Strait, during which Beijing … [Read more...] about China spox bashed over Taiwan resto tweet