This article was updated on May 26, 2022, with clarifications on the role of node operators in the Presearch decentralized search engine.
Advertising-based businesses are under serious scrutiny lately:
Snap Inc. (NYSE:SNAP) just warned that Q2 revenues and earnings from its Snapchat app aren’t ringing up as it previously projected – and it’s being treated as a “canary in the coalmine” for the whole group of stocks. Google (NASDAQ:GOOG), for its part, is still expected to see 15% revenue growth in Q2, with earnings roughly flat.
But Google has its own problems, in the form of the U.S. Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights.
Senators are preparing an antitrust smackdown for Google. Their new bipartisan bill – supported by the likes of Sen. Amy Klobuchar and Sen. Ted Cruz – is called the “Competition and Transparency in Digital Advertising Act.” And as The Wall Street Journal reported on Thursday, it would “likely require Google to divest...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...