This report studies the Online Electronics Retailing Market with many aspects of the industry such as market size, market status, market trends and forecast. The report also provides brief information on competitors and opportunities for specific growth with the key market drivers. Find the comprehensive analysis of the Online Electronics Retailing market segmented by company, 
Summary List Placement Imagine getting your student debt canceled. President Joe Biden campaigned on it, vowing that he would "immediately" wipe out thousands of dollars in debt for every borrower if he was elected. Six months in, though, the White House is still reviewing the legality of doing that. Early in his term, Biden asked the Education and Justice Departments to review his legal authority to cancel $50,000 in student debt per borrower by executive order. The $50,000 figure wasn''t his idea; Sen. Elizabeth Warren campaigned on canceling that amount, while Biden said he''d wipe out a more moderate $10,000 per borrower. During a CNN town hall in February, Biden began to change his tune, saying he didn''t believe he had the legal ability to cancel $50,000 per borrower. Soon afterward, White House Press Secretary Jen Psaki said in February that Biden had asked the Justice Department to conduct a review on his ability to cancel $50,000 in student debt per borrower using executive powers.
Summary List Placement Tesla is "quite likely" to build an electric-vehicle factory in India, but only if the company''s able to import completed vehicles at lower duty rates, CEO Elon Musk said. "If Tesla is able to succeed with imported vehicles, then a factory in India is quite likely," Musk said on Twitter on Friday. He added: "We want to do so, but import duties are the highest in the world by far of any large country!" The California electric-vehicle maker has been lobbying Indian government officials to lower those duties, Reuters reported on Friday, citing two unnamed sources. In a letter, Tesla executives said they were seeking to bring taxes down to about 40% of the vehicle''s value, according to Reuters. Current import taxes are between 60% and 100%, depending on the vehicle''s value. Tesla earlier this year registered a local company, Tesla Motors India and Energy Private Limited, raising expectations that the company would launch in the world''s second-most populous country. Local news reports in February said the company would set up its manufacturing plant in Karnataka, a southern state.
Summary List Placement It seems like everyone in the US is rushing to book their summer "revenge vacation." But there''s one segment of travel that''s lagging behind: business travel . Most of us might be laser-focused on leisure vacations right now, but the revival of business travel is crucial for hospitality and travel companies. Before COVID-19, business travelers made up 12% to 15% of trips on larger airlines but generated about 45% of airlines'' revenue. And while leisure demand has passed complete recovery, business travel is still lagging behind by 60%, Scott Kirby, United Airlines CEO''s, told John Dickerson on CBS'' " Face the Nation ." Similarly Southwest Airlines'' "business travel component" was down 69% in June, Gary Kelly, Southwest Airlines chairman and CEO, told Bloomberg . Kelly predicts this segment will continue to be down 50% by September, and will then improve afterwards. In 2022 and 2023, Southwest plans to bring back more flights catered to business customers. The consensus is that business travel will accelerate in September after Labor Day, Patrick Scholes, an analyst at Truist Securities, told Insider.
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Summary List Placement Content moderators for Facebook are urging the company to improve benefits and update non-disclosure agreements that they say promote" a culture of fear and excessive secrecy." In a letter addressed to Facebook CEO Mark Zuckerberg and COO Sheryl Sandberg as well as executives of contracting firms Covalen and Accenture a group of moderators said "content moderation is at the core of Facebook''s business model. It is crucial to the health and safety of the public square. And yet the company treats us unfairly and our work is unsafe." Their demands are three-fold: Facebook must change the NDAs that prohibit them from speaking out about working conditions. The company must provide improved mental health support, with better access to clinical psychiatrists and psychologists. As the letter reads: "it is not that the content can "sometimes be hard", as Facebook describes, the content is psychologically harmful. Imagine watching hours of violent content or children abuse online as part of your day-to-day work.
Summary List Placement Amazon is finally getting serious about crypto technologies, like bitcoin, a move that pushes the e-commerce giant into the burgeoning yet wildly volatile digital currency space. The company is seeking a leader to "develop Amazon''s Digital Currency and Blockchain strategy and product roadmap," according to a June 22 job listing . The position is part of the "Payments Acceptance & Experience team," indicating Amazon''s plan to potentially accept digital currency as one of its payment methods. "You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities," the job post says. In an email to Insider, Amazon''s spokesperson confirmed the job posting and the company''s ambition to eventually accept cryptocurrency from its customers.
Summary List Placement US tech stocks stand to gain from China''s increased regulatory scrutiny on Didi and others. The regulatory crackdown represents "a major black eye" for the Chinese tech sector, Wedbush said in a note on Friday. As investors rotate out of China and into US tech stocks, the Nasdaq could surge 10% into year-end, according to Wedbush. Sign up here for our daily newsletter, 10 Things Before the Opening Bell . China''s increased regulatory crackdown on stocks like Didi and Alibaba will drive a major rotation out of China tech stocks and into US tech stocks, Wedbush analyst Dan Ives said in a note on Friday. Ives sees the Nasdaq surging 10% to 16,000 by year-end, driven by a "nirvana set up" for mega-cap tech stocks as growth stories continue to unfold as part of the "$2 trillion digital transformation," Ives explained. In recent weeks, ongoing regulatory scrutiny has hampered Chinese tech companies, with Didi falling to a post-IPO low on Friday as Beijing considers unprecedented penalties on the ride-hailing company.
The Newark City Council on Thursday unanimously approved the plans put forth by mall owner and developer Brookfield Properties.
Summary List Placement The two largest cryptocurrencies got a much-needed boost after billionaire Elon Musk revealed that he holds both in his personal portfolio. The self-described "technoking" of Tesla, whose portfolio also includes Dogecoin and Tesla and SpaceX stock, revealed on a star-studded panel that his electric-vehicle company would "most likely" resume accepting bitcoin as payment once he confirms the renewable energy usage in bitcoin mining. Bitcoin (BTC) and ethereum (ETH) both rebounded after the "B Word" conference , hovering above $32,000 and $2,000 respectively as of mid-afternoon Thursday. The much-cheered crypto rally was not unexpected for Mike McGlone, a senior commodity strategist at Bloomberg Intelligence with over 25 years of futures and commodity trading experience at the Chicago Board of Trade, ETF Securities, S&P Indices, and elsewhere. "I think it''s just a matter of time that it breaks out and resumes enduring upward trend," McGlone said in an interview on Tuesday when bitcoin drifted below a key support level of $30,000.
Summary List Placement The state of Mississippi has asked the Supreme Court to overturn landmark abortion ruling Roe v. Wade in a case set to be argued in the court''s next term. Mississippi wants Roe v Wade to be overturned so it can uphold its own restrictions to abortion access, according to a brief filed Thursday . The legal brief by the state of Mississippi makes an explicit argument to throw out the pivotal 1973 ruling that legalized abortion nationwide. This is a developing story. Please check back for updates. Join the conversation about this story » NOW WATCH: Sneaky ways Costco gets you to buy more
Delta Air Lines, British Airways, Capital One, Go Daddy, Vanguard, UPS, LastPass, AT&T and Costco were among the websites loading slowly or showing DNS failure in what CNBC called a widespread outage across the World Wide Web Thursday (July 22). Content distribution network Akamai, which helps data move around the internet, said it had fixed 
Websites of Delta Air Lines, Costco Wholesale Corp , American Express and Home Depot were down, displaying domain name system (DNS) service errors.
An Akamai outage is affecting multiple major websites, many of which are down or experiencing issues at the current time. Affected websites include Amazon.com, HBO Max, UPS, Steam, PlayStation Network, LastPass, The Home Depot, Costco, American Express, and tons more. Some of these outages are regional, so not all users will see all affected sites impacted. Apple''s websites and apps do not appear to be experiencing issues at this time. Akamai says that it is actively investigating the issue and is aware of a problem with the Edge DNS service. It is not clear when the issue will be resolved. Today''s outage mirrors a Fastly outage that occured in June, bringing websites like Reddit, Spotify, Twitch, Hulu, and more down. This article, " Multiple Major Websites Down Amid Akamai Outage " first appeared on MacRumors.com Discuss this article in our forums
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