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Internet Companies

All articles tagged with #internet companies

finance2 years ago

JPMorgan's Top Picks for 2024: Amazon and Google

Analyst Thomas Champion of Piper Sandler has named Amazon as his top large-cap pick for 2024, citing the potential for improved retail margins and strong momentum in the cloud. Champion believes that Amazon's retail margins have significantly improved and that spending on Amazon Web Services (AWS) will accelerate next year. A recent survey by Piper Sandler also indicated increased net spending intentions for AWS. Champion's price target for Amazon's stock implies roughly 25% upside. Among smaller internet companies, Champion's top pick is Pinterest, which has been performing well and is expected to beat Wall Street targets in 2024.

via MarketWatch|
#amazon#cloud-computing#finance
censorship2 years ago

China Demands Worldwide Ban on 'Glory to Hong Kong' Protest Anthem.

Chinese authorities are seeking to censor the protest anthem 'Glory to Hong Kong' from online services globally, with the Hong Kong government seeking a court order to ban the song. Human rights and digital rights groups have written an open letter to internet companies affected, asking them to oppose the injunction. If the companies agree to censor the song, it could encourage China to demand more global takedowns of material it doesn't like. The attempt to ban the song outright pushed it to the top of the charts in Apple's iTunes store in Hong Kong last week.

via Techdirt|
#censorship#china#global-censorship
technology2 years ago

Supreme Court Upholds Protections for Internet Companies and Speech Moderation Online.

The US Supreme Court has upheld legal protections for internet and social media companies, refusing to weaken Section 230 of the Communications Decency Act that safeguards internet companies from lawsuits for content posted by users. The court also shielded Twitter from litigation seeking to apply the Anti-Terrorism Act that enables Americans to recover damages related to "an act of international terrorism." Families of people killed by Islamist gunmen overseas had sued to try to hold internet companies liable because of the presence of militant groups on their platforms or for recommending their content.

via Reuters|
#anti-terrorism-law#internet-companies#section-230