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Russia says Twitter mobile slowdown to remain until all banned content is removed

Reuters
MOSCOW, Nov 29 (Reuters) – Russia will continue slowing down the speed of Twitter (TWTR.N) on mobile devices until all content deemed illegal is deleted, state communications regulator Roskomnadzor told Reuters, as Moscow continues to make demands of Big Tech. Russian authorities have taken steps recently to regulate technology giants......

Cyber Monday spending expected to slow as shoppers see fewer deals

Reuters
Nov 29 (Reuters) – U.S. retailers are estimated to generate online sales of up to $11.3 billion on Cyber Monday, a decline in growth from a year earlier as fewer discounts and limited choices due to global supply chain disruptions deter shoppers. Retailers had also spread out promotional deals across......

India’s Paytm falls as net loss widens on higher expense

Reuters
The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration picture taken July 7, 2021. REUTERS/Florence Lo/Illustration//File Photo Register now for FREE unlimited access to reuters.com Register NEW DELHI, Nov 29 (Reuters) – Shares in India’s One 97 Communications Ltd (PAYT.NS), the......

Biden told it will take two weeks to have definitive data on Omicron variant

Reuters
WASHINGTON, Nov 28 (Reuters) – The top U.S. infectious disease official, Dr. Anthony Fauci, told President Joe Biden on Sunday it will take about two weeks to have definitive information on the new coronavirus variant Omicron that has sparked new travel restrictions and shaken financial markets. Biden, returning to Washington......

Australia to introduce new laws to force media platforms to unmask online trolls

Reuters
A man takes a mobile phone picture of the windowed ceiling at a shopping mall in Sydney, Australia, July 3, 2017. REUTERS/Steven Saphore Register now for FREE unlimited access to reuters.com Register MELBOURNE, Nov 28 (Reuters) – Australia will introduce legislation to make social media giants provide details of users......

From cruise operators to airlines: ‘Reopening’ stocks tumble on variant fears

Reuters
Nov 26 (Reuters) – Companies benefiting from this year’s economic reopening, including AMC Entertainment, United Airlines and Carnival Corp, were hammered on Friday by fears over a new and possibly-vaccine resistant coronavirus variant. The variant, discovered in South Africa, prompted several countries to tighten border controls and investors to dump......

Climate activists target Amazon depots in Britain on ‘Black Friday’

Reuters
Woman with smartphone is seen in front of displayed Amazon logo in this illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to reuters.com Register TILBURY, England, Nov 26 (Reuters) – Climate activists targeted 13 Amazon (AMZN.O) depots across Britain on “Black Friday” as part......

France orders websites to remove online marketplace Wish

Reuters
PARIS, Nov 24 (Reuters) – France ordered search engines and online platforms on Wednesday to strip Wish from their listings over concerns about product safety and the U.S. e-commerce marketplace said it was taking legal action to challenge the move. The French government, which has been investigating a number of......

China demands Tencent submit new apps and updates to inspection – Yicai

Reuters
A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang Register now for FREE unlimited access to reuters.com Register SHANGHAI, Nov 24 (Reuters) – China has required Tencent Holdings (0700.HK) submit any new......

‘Black Friday’ drags through November amid tight U.S. inventories

Reuters
CHICAGO, Nov 23 (Reuters) – Facing scarce year-end inventories and a shortage of workers, retailers are turning “Black Friday” into a month-long event. Walmart, the world’s largest retailer, said on Monday it had already started “Black Friday” discounts, such as $30 off AirPods and KidKraft dollhouses. Walmart, whose stores will......

EU’s Vestager cheers as lawmakers vote for tougher tech laws

Reuters
EU Commission Executive Vice-President Margrethe Vestager holds a news conference on European Commission’s competition policy, in Brussels, Belgium November 18, 2021, REUTERS/Yves Herman Register now for FREE unlimited access to reuters.com Register STRASBOURG, Nov 23 (Reuters) – A key committee of EU lawmakers on Tuesday agreed to tougher laws targeting......

Apple files lawsuit against NSO Group, saying U.S. citizens were targets

Reuters
Nov 23 (Reuters) – Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware. The iPhone maker said it is also seeking to ban......

Union group says U.S. should reject Amazon’s plan to buy MGM

Reuters
Smartphone with Amazon logo is seen in front of displayed MGM logo in this illustration taken, May 26, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to reuters.com Register WASHINGTON, Nov 22 (Reuters) – Four big unions, including the Service Employees International Union and the Teamsters, urged the U.S.......

Analysis: Visa’s Amazon spat shows power is shifting to retailers in fee battle

Reuters
NEW YORK, Nov 22 (Reuters) – Amazon.com Inc (AMZN.O)‘s latest spat with Visa (V.N) shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Amazon said last week......

Tencent boosts Prosus profit, e-commerce trading loss widens

Reuters
A logo of Prosus is diplayed at Amsterdam’s stock exchange building as Prosus begins trading on the Euronext stock exchange in Amsterdam, Netherlands, September 11, 2019. REUTERS/Piroschka van de Wouw/File Photo Register now for FREE unlimited access to reuters.com Register AMSTERDAM/JOHANNESBURG, Nov 22 (Reuters) – Prosus, which owns a $175......

India’s Paytm falls for second day after debut debacle

Reuters
BENGALURU, Nov 22 (Reuters) – Digital payments firm Paytm (PAYT.NS) fell for a second session on Monday, shaving off $7.75 billion from its market value since its dismal debut in India’s biggest initial public offering last week. Shares fell 17.78% as of 0733 GMT to 1,271 rupees compared with the......

China fines tech giants for failing to report 43 old deals

Reuters
BEIJING, Nov 20 (Reuters) – China’s market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation. Enterprises involved in the cases would be fined 500,000......

Corporate America unloads on Biden’s newly active business watchdogs

Reuters
WASHINGTON, Nov 19 (Reuters) – Corporate America mounted fresh attacks on Friday on President Joe Biden’s antitrust enforcers who have vowed to rein in anticompetitive practices and vigorously investigate corporate crime. The Chamber of Commerce wrote three letters and filed more than 30 Freedom of Information Act requests about what......

Asia sits out equities rally as Alibaba slides

Reuters
A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song Register now for FREE unlimited access to reuters.com Register HONG KONG, Nov 19......

Singapore business events bounce back post COVID, Hong Kong flounders

Reuters
Visitors attend the Restaurants Asia and Cafe Asia trade conventions in Singapore November 18, 2021. REUTERS/Edgar Su Register now for FREE unlimited access to reuters.com Register SINGAPORE/HONG KONG, Nov 19 (Reuters) – Singapore is hosting top executives of big global companies this week at a host of conferences, marking its......

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