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December 15, 2019
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Reuters - Business

U.S. regulator weighs action against Facebook over how its apps interact -report

Reuters
(Reuters) – The U.S. Federal Trade Commission is considering seeking a preliminary injunction against Facebook Inc (FB.O) because of concerns that policies about how its apps interact violate antitrust law, The Wall Street Journal reported on Thursday, citing people familiar with the matter. FILE PHOTO: Facebook logos are seen on...
Reuters - Business

Factbox: How the North American trade deal will affect labor, environment, drugs

Reuters
(Reuters) – New amendments to the U.S.-Mexico-Canada trade agreement (USMCA) focus heavily on stronger labor enforcement, outlining a detailed process to address any allegations that Mexican factories are violating workers’ rights. FILE PHOTO: The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint news...
Reuters - Business

Factbox: Self-driving partnerships proliferate – Reuters

Reuters
(Reuters) – Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar/File Photo Nearly every major...
Reuters - Business

U.S. senators threaten Facebook, Apple with encryption regulation

Reuters
SAN FRANCISCO (Reuters) – U.S. senators grilled Apple Inc and Facebook Inc executives over their encryption practices on Tuesday and threatened to regulate the technology unless the companies make encrypted user data accessible to law enforcement. FILE PHOTO: Facebook logos are seen on a mobile phone in this picture illustration...
Reuters - Business

Factbox: Labor, environment, drugs top changes to North American trade deal

Reuters
MEXICO CITY (Reuters) – Stronger worker and environmental protections top the changes to a new version of the North American trade deal signed by top U.S., Mexican and Canadian officials on Tuesday that clears the way for a long-delayed vote in the U.S. Congress. The full text of revisions has...
Reuters - Business

Amazon issues fix after some Blink home cameras found vulnerable to hacking

Reuters
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it had issued a fix to rectify security flaws in certain of its Blink home camera systems after a cyber security...
Reuters - Business

Amazon secures top Champions League rights for Germany

Reuters
FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid BERLIN (Reuters) – Amazon.com has secured the rights to broadcast top European soccer Champions League matches for the 2021/22 season in Germany, the...
Reuters - Business

Amazon lawsuit blames Trump for loss of Pentagon cloud contract

Reuters
WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) on Monday accused U.S. President Donald Trump of exerting “improper pressure” and bias that led the Department of Defense to award a lucrative $10 billion cloud contract to rival Microsoft Corp (MSFT.O). FILE PHOTO: The logo of Amazon is seen at the company logistics...
Reuters - Business

Global financial watchdogs take aim at Big Tech’s data dominance

Reuters
LONDON (Reuters) – Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. FILE PHOTO: The Google logo is displayed outside the company offices in New York, U.S., June 4, 2019. REUTERS/Brendan McDermid/File...
Reuters - Business

Jeff Bezos says Amazon wants to work more with the Pentagon

Reuters
SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself. FILE PHOTO: Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit,...
Reuters - Business

Amazon CEO says wants to work more with Pentagon

Reuters
FILE PHOTO: Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, U.S., June 19, 2019. REUTERS/Katherine Taylor/File Photo SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos...
Reuters - Business

Tesla boss Elon Musk wins defamation trial over his ‘pedo guy’ tweet

Reuters
LOS ANGELES (Reuters) – Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a “pedo guy” on Twitter. The unanimous verdict...
Reuters - Business

Musk’s defamation win may reset legal landscape for social media

Reuters
(Reuters) – Elon Musk’s daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk...
Reuters - Business

Tesla boss Elon Musk wins defamation trial sparked by ‘pedo guy’ tweet

Reuters
LOS ANGELES (Reuters) – Tesla Inc (TSLA.O) boss Elon Musk gained a stunning legal victory on Friday as a federal court jury swiftly rejected the $190 million defamation claim brought by a British cave explorer who Musk had branded a “pedo guy” on Twitter. British cave diver Vernon Unsworth (C)...
Reuters - Business

Tesla boss Elon Musk wins defamation trial over ‘pedo guy’ tweet

Reuters
FILE PHOTO – SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake LOS ANGELES (Reuters) – A federal court jury in Los Angeles on Friday found in favor of Tesla Inc (TSLA.O) boss Elon Musk in...
Reuters - Business

Tesla Inc boss Elon Musk wins defamation trial over ‘pedo guy’ tweet

Reuters
Elon Musk attends the closing arguments of his trial in a defamation case brought by British cave diver Vernon Unsworth as Judge Stephen Brown watches at rear, in a courtroom drawing during a defamation trial in Los Angeles, California, U.S., December 6, 2019. REUTERS/Mona Shafer Edwards LOS ANGELES (Reuters) –...
Reuters - Business

Elon Musk defamation trial goes to jury after plaintiff’s lawyer calls him ‘billionaire bully’

Reuters
LOS ANGELES (Reuters) – A federal jury in Los Angeles began deliberating on Friday to decide whether Tesla Inc (TSLA.O) boss Elon Musk defamed a British cave explorer whose lawyer said the “billionaire bully” should pay at least $190 million for branding his client a “pedo guy” on Twitter. British...
Reuters - Business

Elon Musk should pay $190 million for defamatory ‘nuclear bomb,’ plaintiff’s lawyer says

Reuters
LOS ANGELES (Reuters) – Tesla (TSLA.O) founder Elon Musk should pay at least $190 million in damages for defaming a British cave explorer in tweets that suggested he was a pedophile and were like a “nuclear bomb,” the plaintiff’s lawyer said on Friday. FILE PHOTO: Elon Musk walks with his...
Reuters - Business

Amazon websites could be added to USTR’s ‘Notorious Markets’ list: WSJ

Reuters
(Reuters) – The Trump administration is considering putting some of Amazon.com Inc’s (AMZN.O) overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter. FILE PHOTO: The logo of Amazon is seen on the door of an...
Reuters - Business

Elon Musk defamation trial in homestretch, jury may get case Friday

Reuters
LOS ANGELES (Reuters) – Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla (TSLA.O) founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end. FILE PHOTO: Elon Musk...

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