Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
Category: Regulation and Deregulation of Industry
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Google’s Ads Violate Antitrust Laws, E.U. Says
European Union regulators filed new antitrust charges against Google, which could lead to fines and orders for the company to change its business practices.
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E.U. Takes Major Step Toward Regulating A.I.
A draft law in the European Parliament has become the world’s most far-reaching attempt to address the potentially harmful effects of artificial intelligence.
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Binance Spars With U.S. Regulators Over Asset Freeze
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
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Labor Board, Reversing Trump-Era Ruling, Widens Definition of Employee
The National Labor Relations Board, with a Democratic majority, restored a standard that counts more workers as employees rather than contractors.
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Binance Spars With U.S. Regulators Over Asset Freeze
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
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A.I. or Nuclear Weapons: Can You Tell These Quotes Apart?
Many experts on artificial intelligence are warning of its potential dangers and calling for regulation, just as others once did with the atomic bomb.
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What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?
The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday.
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Founders of Three Arrows, Failed Crypto Fund, Are Living Large
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
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The Risks of Storing Money in Apps Like Venmo and Cash App
The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble.
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Binance Halts Trading in Dollars on Binance.US
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.
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Binance Moved Billions Through Two U.S. Banks, Regulators Say
The S.E.C. shared new details about how Binance’s accounts at Signature Bank and Silvergate Bank were used to move customer funds quickly through a web of foreign companies.