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Facebook Started Competition with Google's AdWords the start of the Ad war

by admin@serverstalk.net in breaking_news on Fri December 14, 2018, 01:07 (#14)

admin@serverstalk.net writes:

It's an ad duopoly battle . Facebook is starting to test search ads in its search results and Marketplace, directly competing with Google's AdWords . Facebook first tried Sponsored Results back in 2012 but eventually shut down the product in 2013. Now it's going to let a small set of automotive, retail, and ecommerce industry advertisers show users ads on the search results page on mobile in the US and Canada.

They'll be repurposed News Feed ads featuring a headline, image, copy text, and a link in the static image or carousel format that can point users to external websites. Facebook declined to share screenshots as it says the exact design is still evolving. Facebook may expand search ads to more countries based on the test's performance.
( https://techcrunch.com/2018/12/11/facebook-search-ads-2/)

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Canadian government granted $7.5M bail to Huawei CFO

by admin@serverstalk.net in breaking_news on Fri December 14, 2018, 00:55 (#14)

admin@serverstalk.net writes:

The to Meng Wanzhou , Huawei’s chief financial officer, 10 days after her arrest in Vancouver. The decision concludes a three-day court hearing in which the judge and the public prosecutor debated whether Wanzhou would breach her bail conditions.

Wanzhou , the daughter of Huawei founder Ren Zhengfei, has been accused of fraud with a maximum penalty of 30 years in prison. She was arrested by Canadian officials at the request of the U.S. government on December 1 while changing planes on her way to Mexico. As part of her bail conditions, the court has ordered her to pay C$10 million — about $7.5 million — and await U.S. extradition from her Vancouver home. According to reports, Wanzhou must relinquish her passport, wear an ankle bracelet and remain at home between the hours of 11 p.m. and 6 a.m.

The U.S. Department of Justice alleges Wanzhou misled American financial institutions and allowed an unofficial Huawei subsidiary, called SkyCom, to do business in Iran despite U.S. sanctions.

Huawei didn’t immediately respond to a request for comment.

President Donald Trump , in an interview with Reuters, said he would be willing to intervene in the Justice Department’s case, citing national security concerns.
“If I think it’s good for what will be certainly the largest trade deal ever made – which is a very important thing – what’s good for national security – I would certainly intervene if I thought it was necessary,” Trump said.
( https://techcrunch.com/2018/12/11/huawei-cfo-accused-of-fraud-is-granted-7-5m-bail/)

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Huawei Executive Allegedly Violated Iran Sanctions

by admin@serverstalk.net in breaking_news on Thu December 6, 2018, 13:51 (#14)

admin@serverstalk.net writes:

Canada has arrested Huawei's chief financial officer on suspicion of violating U.S. trade sanctions against Iran. "Wanzhou Meng, who is also the deputy chair of Huawei's board and the daughter of company founder Ren Zhengfei, was arrested in Vancouver at the request of U.S. authorities," reports The Globe and Mail.

From the report:
"Wanzhou Meng was arrested in Vancouver on December 1. She is sought for extradition by the United States, and a bail hearing has been set for Friday," Justice department spokesperson Ian McLeod said in a statement to The Globe and Mail. "As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.

A Canadian source with knowledge of the arrest said U.S. law enforcement authorities are alleging that Ms. Meng tried to evade the U.S. trade embargo against Iran but provided no further details. Since at least 2016, U.S. authorities have been reviewing Huawei's alleged shippingof U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws.
(theglobeandmail.com)

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