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September 25, 2021

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Google CEO sought to keep Incognito mode issues out of spotlight, lawsuit alleges

Reuters
Sept 24 (Reuters) – Google Chief Executive Sundar Pichai in 2019 was warned that describing the company’s Incognito browsing mode as “private” was problematic, yet it stayed the course because he did not want the feature “under the spotlight,” according to a new court filing. Google spokesman José Castañeda told......

Review: Hitting the brakes on tech’s runaway train

Reuters
MILAN, Sept 24 (Reuters Breakingviews) – Back in the 1880s, horses plied the roads of London and most people lived a rural life. Jump to the 1920s and the combustion engine, electricity and the telephone had taken hold and re-shaped society. Today we are undergoing an even faster period of......

Amazon launches service aggregating video streaming apps in India

Reuters
The logo of streaming service Amazon Prime Video is seen in this illustration picture taken March 5, 2021. REUTERS/Danish Siddiqui/File Photo NEW DELHI, Sept 24 (Reuters) – Amazon.com Inc (AMZN.O) launched in India on Friday eight global and local streaming services on its video platform, in a move aimed at......

Twitter rolls out bitcoin tipping, safety features in product push

Reuters
Sept 23 (Reuters) – Twitter Inc (TWTR.N) will allow people to tip their favorite content creators with bitcoin and will launch a fund to pay some users who host audio chat rooms on its Spaces feature, the company said on Thursday. The San Francisco-based company added it will test new......

Wall Street set for strong open as taper fears fade

Reuters
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid Weekly jobless claims rise more than expected Accenture, Salesforce up after boosting forecasts Futures up: Dow 0.69%, S&P 0.62%, Nasdaq 0.53% Sept 23 (Reuters) – Wall......

Salesforce raises full-year revenue outlook on hybrid work boost

Reuters
The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo GLOBAL BUSINESS WEEK AHEAD/File Photo Sept 23 (Reuters) – Salesforce.com Inc (CRM.N) on Thursday raised its full-year revenue forecast, as the pandemic-led shift to hybrid work fueled demand......

Australia’s Commonwealth Bank mocks Apple’s ‘pro-competition’ claim

Reuters
A customer holds the iPhone X during the global launch of the new Apple product in central Sydney, Australia, November 3, 2017. REUTERS/David Gray Apple welcomes competition if no one competes with Apple – CBA CBA wants Apple to open its NFC chip for other mobile payments Regulator probing Apple’s......

Google to buy more office space in NYC as big tech swoops down on real estate

Reuters
Sept 21 (Reuters) – Google plans to buy an office building in Manhattan for $2.1 billion, as the Alphabet Inc-owned (GOOGL.O) search engine giant joins fellow technology companies in investing in prime real estate, even as hybrid work models become common. The deal for St. John’s Terminal site in New......

Uber could post first adjusted profit this quarter as cab demand returns

Reuters
A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Sept 21 (Reuters) – Uber Technologies Inc (UBER.N) could post its first profit on an adjusted basis for......

Investors tune in as Universal leaps on market debut

Reuters
Shares surge almost 40% in early trade Biggest European listing of the year Listing is a coup for Amsterdam exchange AMSTERDAM, Sept 21 (Reuters) – Universal Music Group’s (UMG.AS) shares leapt more than a third in their stock market debut on Tuesday as investors bet a boom in music streaming......

Oracle uses AI to automate parts of digital marketing

Reuters
The company logo for Oracle Corp. is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid/File Photo Sept 20 (Reuters) – Oracle Corp (ORCL.N) announced on Monday a new system that it says will use artificial......

Twitter seeks to settle 2016 class action lawsuit for $800 mln

Reuters
Sept 20 (Reuters) – Twitter Inc (TWTR.N)said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit from 2016 that alleged the company misled investors about its daily and monthly user engagement numbers. The individual defendants and Twitter continue to deny any wrongdoing or any other......

Dinner party-style Emmys display little overt sign of pandemic constraints

Reuters
LOS ANGELES, Sept 19 (Reuters) – While departing yet again from the look of Primetime Emmys of yore, Sunday’s presentation of television’s highest honors gave little overt appearance of being constrained by a second year of the COVID-19 pandemic. So much so, that the night’s first presenter, comic actor-writer Seth......

China Evergrande shares dive to 11-year low as default risks grow

Reuters
HONG KONG, Sept 20 (Reuters) – China Evergrande Group (3333.HK) shares plunged on Monday to over 11-year lows, extending losses as executives try to salvage its business prospects and as default fears grow over a looming deadline for payment obligations this week. Evergrande has been scrambling to raise funds to......

Marketmind: Watch those spiralling gas prices

Reuters
Fuel prices are displayed at a gas station in Copacabana beach in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/Files A look at the day ahead from Sujata Rao. A massive week in monetary policy, with some 16 central banks holding meetings and possibly the first rate hike from......

Billy Porter, and stars of ‘The Crown’ hit Emmy Awards red carpet

Reuters
LOS ANGELES, Sept 19 (Reuters) – “Pose” star Billy Porter and British actor Josh O’Connor were among the early arrivals in Los Angeles for the Emmy Awards on Sunday on a night where “The Crown” and comedy “Ted Lasso” are expected to dominate the annual ceremony for the top television......

France’s OVHcloud prepares for $4.7 billion IPO- WSJ

Reuters
Sept 19 (Reuters) – French cloud computing services provider OVHcloud plans to launch a possible initial public offering as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The cloud-service provider won’t make any......

Navalny allies accuse YouTube, Telegram of censorship in Russian election

Reuters
MOSCOW, Sept 18 (Reuters) – Jailed Kremlin critic Alexei Navalny’s allies accused YouTube and Telegram of censorship on Saturday after the video platform and messaging app restricted access to their anti-government voting recommendations for Russia’s parliamentary election. Navalny’s allies already accused Alphabet’s (GOOGL.O) Google and Apple of buckling under Kremlin......

Facebook says WSJ allegations are ‘mischaracterizations,’ confer ‘false motives’

Reuters
The logo of Facebook is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann Sept 18 (Reuters) – Facebook Inc (FB.O) on Saturday slammed a Wall Street Journal series of articles about the social media company’s platform as containing “deliberate mischaracterizations” and said the articles......

India antitrust probe finds Google abused Android dominance, report shows

Reuters
Antitrust findings latest setback for Google in India Google also leveraged Play Store’s dominance – report Google under antitrust investigation since 2019 NEW DELHI, Sept 18 (Reuters) – Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the......

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