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May 23, 2022

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Oracle’s Ellison joined Nov 2020 call about contesting Trump’s defeat

Reuters
WASHINGTON, May 20 (Reuters) – Larry Ellison, billionaire chairman and co-founder of Oracle Corp (ORCL.N), participated shortly after the November 2020 U.S. presidential election in a phone call focused on strategies for contesting former President Donald Trump’s defeat, according to an email revealed in a court document. The Nov. 14,......

Putin promises to bolster Russia’s IT security in face of cyber attacks

Reuters
May 20 (Reuters) – President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign “state structures” had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies......

Wall Street ends mixed, Tesla falls

Reuters
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Ross Stores plunges after cutting 2022 forecast May 20 (Reuters) – Wall Street ended mixed on......

Computer chip giant ASML places big bets on a tiny future

Reuters
VELDHOVEN, Netherlands, May 20 (Reuters) – ASML (ASML.AS), a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on......

Hit reality TV shows display African glitz and glamour

Reuters
JOHANNESBURG, May 20 (Reuters) – Dripping with champagne, diamonds and catty dialogue, two made-in-Africa reality TV series have transfixed viewers on the continent, showcasing ritzy lifestyles that are a far cry from stereotypical images of African hardship. On Netflix’s “Young, Famous & African”, a group of music and showbiz celebrities......

Musk says ‘Tesla is on my mind 24/7’ amid concerns about Twitter distraction

Reuters
SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7,” trying to soothe investor worries about him being distracted by a Twitter (TWTR.N) deal that has depressed stocks at the electric car company. Posting a picture showing a woman......

WhatsApp to launch cloud-based tools, premium features for businesses

Reuters
A 3D-printed Whatsapp logo is placed on the keyboard in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register May 19 (Reuters) – WhatsApp is introducing free cloud-based API services in a push to get more businesses using the app, Meta......

Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury

Reuters
May 18 (Reuters) – An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc (TSLA.O) from the widely followed S&P 500 ESG Index (.SPXESUP)because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk......

Performing artists push for copyright protection from AI deepfakes

Reuters
AI is increasingly common in entertainment, audio Performers fear losing work and rights to tech Calls for new legal protections over performances TBILISI, May 18 (Thomson Reuters Foundation) – When a friend messaged voice actor Bev Standing to ask whether she was the voice of TikTok’s text-to-speech feature, the Canadian......

China Vice Premier Liu soothes tech firms, supports overseas listings

Reuters
China’s Vice Premier Liu He exits the office of the U.S. Trade Representative following a morning round of negotiations on the second day of last ditch trade talks in Washington, U.S., May 10, 2019. REUTERS/Leah Millis/Files Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 17 (Reuters) –......

Tencent Music’s Q1 revenue downbeat, shares rise amid hopes for regulatory easing

Reuters
The logo of China’s Tencent Music Entertainment Group is seen next to an earphone in this illustration picture taken March 22, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 17 (Reuters) – China’s Tencent Music Entertainment (TME.N) posted a 15% slump in first-quarter......

Musk tells conference a lower price for Twitter might be appropriate

Reuters
May 16 (Reuters) – Elon Musk suggested that a lower price for Twitter Inc (TWTR.N) may be appropriate as he and CEO Parag Agrawal quarreled over the company’s estimates of spam accounts on Monday, according to an attendee at a private conference where Musk was speaking. Twitter shares extended losses......

U.S. Treasury’s Yellen presses Poland on global minimum tax

Reuters
Treasury Secretary Janet Yellen testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council Annual Report to Congress,” in Dirksen Senate Office Building in Washington, D.C.,U.S., May 10, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register WARSAW,......

Tech firms ask U.S. Supreme Court to block Texas social media law

Reuters
Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 13 (Reuters) – Lobbying groups representing Facebook(FB.O), Twitter(TWTR.N), Google (GOOGL.O) and other tech companies filed an emergency request with the U.S. Supreme Court on......

Do spam bots really comprise under 5% of Twitter users? Elon Musk wants to know

Reuters
May 13 (Reuters) – Since 2013, Twitter has downplayed the spread of fake accounts on its platform, holding that “false or spam” accounts make up less than 5% of its user base even as independent researchers said the number could be three times higher. That discrepancy could now affect the......

Wall Street rallies at end of roller coaster week

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register Twitter drops as Musk puts purchase deal on hold All major indexes on course for steep weekly losses Indexes up: Dow......

Canada antitrust watchdog open to deal on Rogers bid for Shaw

Reuters
A person walks near the Rogers Communications building in Toronto, Ontario, Canada on October 22, 2021. REUTERS/Carlos Osorio Register now for FREE unlimited access to Reuters.com Register TORONTO, May 13 (Reuters) – Canada’s competition bureau said on Friday that its decision to start litigation to block a C$20 billion ($15.5......

Affirm lifts revenue outlook, extends Shopify deal; shares surge

Reuters
May 12 (Reuters) – Affirm Holdings Inc (AFRM.O)raised its annual revenue forecast and said it has extended a multi-year partnership with Shopify (SHOP.TO)in the United States, sending shares of the buy now, pay later (BNPL) firm up 23% aftermarket on Thursday. San Francisco-based Affirm’s third-quarter revenue surged 54%, surpassing the......

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