Robinhood has lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds. The change comes one week after the online broker limited clients to only buying a single share of GameStop and expanded its list of restricted stocks from 13 to 50. Reuters reports: The videogame retailer, the initial trigger for…
Tag: curbs
Biden Commerce Pick Sees ‘No Reason’ To Lift Huawei Curbs
President Joe Biden’s nominee for Commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei and other Chinese companies shouldn’t remain on a restricted trade list. From a report: Raimondo, in written questions from Senate Republicans, was asked about the company, as well as Semiconductor Manufacturing International Corp., Hangzhou Hikvision Digital Technology Co. and others. They are on a…
World’s Worst Internet Shutdowns Cost India $2.8 Billion in 2020
Internet shutdowns cost India $2.8 billion, putting the South Asian nation at the top of a list of 21 countries that curbed citizens’ web access in 2020. From a report: India — the second-worst-hit nation by the Covid-19 pandemic in terms of overall confirmed infections — accounted for about three-quarters of the $4 billion lost worldwide to internet curbs. Its losses…
China Requires Real Names, Bans Spending By Teens In New Curbs On Livestreaming
New submitter SirKveldulv shares a report from Nikkei Asia: Livestreaming platforms now must limit the amount of money a user can give hosts as a tip. Users must register their real names to buy the virtual gifts, in addition to the ban on teens giving such gifts. The [National Radio and Television Administration, China’s media watchdog] also asked the platforms to…
US Explores Curbs On Ant Group, Tencent Payment Systems
An anonymous reader quotes a report from Bloomberg: The Trump administration is exploring restrictions on billionaire Jack Ma’s Ant Group as well as Tencent Holdings Ltd. over concerns that their digital payment platforms threaten U.S. national security, according to people familiar with the matter, a move that risks infuriating China and disrupting what could be the world’s largest initial public offering….
Facebook Fights Irish Privacy Watchdog’s Data-Transfer Curbs
Facebook sought to derail proposals by the Irish data protection watchdog that the tech giant warns could curb transfers of vast amounts of commercial data across the Atlantic. From a report: The social network giant said it sought a judicial review of the Irish Data Protection Commission’s preliminary decision that the company may have to halt trans-Atlantic data transfers using the…
EU Draft Plan Targets Free Carbon Credit Cut For Most Industries
An anonymous reader quotes a report from Reuters: Most industries covered by the European Union’s carbon market would see free credits cut by the highest possible rate over the next five years under draft plans, potentially costing some of the biggest polluters millions of euros. The carbon market is the EU’s main policy for cutting greenhouse gas emissions, by forcing power…
Trump Extends Order That Curbs Huawei’s Access To US Market
President Donald Trump extended his effort to curb Huawei Technologies’s access to the U.S. market and American suppliers. From a report: The president on Wednesday renewed for a year a national emergency order that restricts Huawei and a second Chinese telecommunications company, ZTE, from selling their equipment in the U.S. The move continues a battle with China over dominance of 5G…
Dating and Fertility Apps Among Those Snitching To ‘Out of Control’ Ad Tech, Report Finds
The Norwegian Consumer Council published an analysis of how popular apps are sharing user data with the behavioral ad industry. TechCrunch reports the findings: A majority of the apps that were tested for the report were found to transmit data to “unexpected third parties” — with users not being clearly informed about who was getting their information and what they were…
Iran Curbs Internet Before Possible New Protests
Iran’s authorities have restricted mobile internet access in several provinces, an Iranian news agency reported on Wednesday, a day before new protests were expected to kick off following calls for demonstrations on social media. Reuters: Social media posts, along with some relatives of people killed in unrest last month, have called for renewed protests and for ceremonies to commemorate the dead…