Democratic presidential candidate Michael Bloomberg's campaign has pumped $25.7 million into his little-known tech company Hawkfish since the billionaire entered the race last November, according to disclosures to the Federal Election Commission. Hawkfish LLC, which was founded by the former New York mayor in 2019, has been rapidly hiring tech...
Democratic presidential candidate Michael Bloomberg's campaign has pumped $25.7 million into the billionaire candidate's little-known digital arm Hawkfish since he entered the race last November, according to disclosures to the Federal Election Commission. Hawkfish LLC, which was founded by the former New York mayor in 2019, has been rapidly hiring...
CNBC's Kate Rooney joins 'Closing Bell' to discuss the decline in revenue for the City of San Francisco due to the coronavirus.
Wells Fargo will pay the penalties to the U.S. Justice Department and Securities and Exchange Commission and enter into a three-year deferred prosecution agreement during which the San Francisco- based bank will continue to cooperate with any ongoing government investigations, Justice Department officials said. Top managers within Wells Fargo's...
These include six from China, seven from the United States and one from Canada. Separately, Facebook Inc said that it will not be attending the Game Developers Conference, also in San Francisco, due to the coronavirus outbreak. The RSA Conference is scheduled to take place in San Francisco between Feb. 2428, while GDC will take place between March 16-20.
Feb 20- Wells Fargo& Co is nearing a settlement with the U.S. Securities and Exchange Commission and the Justice Department over previously disclosed probes into its sales practices, the New York Times reported on Thursday. The San Francisco- based lender had set aside $3.9 billion for the quarter ended June 30 last year to deal with "a variety of matters, including...
SAN FRANCISCO, Feb 20- New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc's Google search engine, alleging that its educational software collects young students' personal information without the required parental consent. Brian McMath, an assistant attorney general under Balderas, said recent testing by his team and outside...
Feb 20- Twitter Inc said on Thursday that it was testing a new community moderation approach that would enable users to identify misleading information posted by politicians and public figures and add brightly colored labels under those tweets. NBC News earlier reported that Twitter company documents showing a mockup of the new approach were accessible on...
*Hainan govt plans HNA takeover, airline asset sale- Bloomberg. BEIJING/ SHANGHAI, Feb 20- Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations. The government of the southern province of Hainan,...
BEIJING/ SHANGHAI, Feb 19- China plans to take over HNA Group Co and sell off its airline assets as the coronavirus outbreak has hit the conglomerate's ability to meet financial obligations, Bloomberg reported https://www.bloomberg.com/news/articles/2020-02-19/china-said-to-near-takeover-o f- h n a- g r o u p- a s- v i r u s- h i t s- b u s i n e s s?
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. The bulk of Analog Devices' revenue comes from industrial, communications and automotive customers with less exposure to supply chain disruptions in China than its...
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. "I think if I were a consumer company, I would be far more concerned about the centricity of China in my supply chain," Chief Executive Vincent Roche said in an interview.
The fast-spreading virus, which has killed over 2,000 in China, has roiled businesses globally and disrupted supply chains, prompting companies including Apple Inc to warn of potential damage. "I think if I were a consumer company, I would be far more concerned about the centricity of China in my supply chain," Chief Executive Vincent Roche said in an interview.
Feb 18- LendingClub Corp posted a fourth-quarter profit on Tuesday, as its peer-to-peer lending marketplace attracted more customers. The San Francisco- based company posted an adjusted profit of $7 million, or 8 cents per share, in the fourth quarter ended Dec. 31, compared with a loss of $4.1 million, or 5 cents per share, a year earlier. Total revenue rose 3.8% to...
SAN FRANCISCO, Feb 18- Facebook Inc is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world's largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland. The witness list also includes Naomi Gleit and Javier Olivan, veterans of Facebook's...
SAN FRANCISCO/ SEOUL, Feb 18- Samsung Electronics Co Ltd's semiconductor manufacturing division has won a contract to make new Qualcomm Inc 5 G chips using its most advanced chip-making technology, two sources familiar with the matter said, boosting the Korean firm's efforts to gain market share against rival Taiwan Semiconductor Manufacturing Co.
Southeast Asia's economic epicentre Singapore has once again been ranked as the best place in the world for East Asian expatriates.
NEW YORK, Feb 17- Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday. The Bezos Earth Fund will begin issuing grants this summer as part of the initiative. Counteracting climate change has...
The event is scheduled to take place Feb. 2428 in San Francisco. Earlier in the day, Facebook Inc said it had canceled its global marketing summit scheduled for next month in San Francisco due to coronavirus-related risks. The Mobile World Congress, the annual telecoms industry gathering in Barcelona, was also canceled after a mass exodus by exhibitors on...
Feb 14- Facebook Inc said on Friday it was allowing U.S.-based political candidates to run branded content on its social networking platforms, but the content would not be cataloged in its advertising library. Political campaigns and groups can now use the social media company's branded content tool, which allows influencers to more clearly tag in an...
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