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September 26, 2021

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China welcomes Huawei executive home, Trudeau hugs Canadians freed by Beijing

Reuters
SHENZHEN, China/TORONTO, Sept 25 (Reuters) – Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the......

China urges cartoon producers to resist ‘unhealthy’ content

Reuters
People watch a giant screen broadcasting Chinese President Xi Jinping’s speech at a celebration marking the 100th founding anniversary of the Communist Party of China, in Shanghai July 1, 2021. REUTERS/Aly Song SHANGHAI, Sept 25 (Reuters) – China’s broadcasting regulator said it will encourage online producers to create “healthy” cartoons......

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......

Huawei CFO strikes agreement with U.S. over fraud charges, allowing her to leave Canada

Reuters
Sept 24 (Reuters) – Huawei Chief Financial Officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, officials said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States.......

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......

China’s top regulators ban crypto trading and mining, sending bitcoin tumbling

Reuters
A Chinese flag is seen among representations of Bitcoin and other cryptocurrencies in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo China intensifies crypto crackdown Vows to root out “illegal” trading activity, bans mining Bitcoin, smaller coins slump SHANGHAI/LONDON, Sept 24 (Reuters) – China’s most powerful regulators on......

EXCLUSIVE Huawei CFO Meng to appear in court, expected to reach agreement with U.S. – source

Reuters
WASHINGTON, Sept 24 (Reuters) – Huawei Technologies (HWT.UL) Chief Financial Officer Meng Wanzhou and U.S. prosecutors are expected to appear in court to say they have reached an agreement to resolve charges against her, according to a source familiar with the matter, in a process that should allow her to......

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......

White House prods companies on chips information request

Reuters
WASHINGTON, Sept 23 (Reuters) – The White House is pressing automakers, chip companies and others to cooperate in a bid for more information about the ongoing semiconductor crisis that has forced cuts to U.S. auto production, but made clear on Thursday that the industry needs to take the lead to......

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......

U.S. envoy resigns over expulsions to Haiti from Texas camp

Reuters
CIUDAD ACUNA, Sept 23 (Reuters) – The U.S. envoy to Haiti dramatically resigned on Thursday in a letter that excoriated Washington for deporting hundreds of migrants to the crisis-engulfed Caribbean nation from a border camp in recent days. The resignation was confirmed by a senior official at the U.S. State......

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......

U.S. court orders Facebook to release anti-Rohingya content records for genocide case

Reuters
Sept 23 (Reuters) – A U.S. federal judge has ordered Facebook (FB.O) to release records of accounts connected to anti-Rohingya violence in Myanmar that the social media giant had shut down, rejecting its argument about protecting privacy as “rich with irony”. The judge in Washington, D.C, on Wednesday criticized Facebook......

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......

BlackBerry beats quarterly revenue expectations on cybersecurity boost

Reuters
The Blackberry logo is seen on a smartphone in front of a displayed stock graph in this illustration taken February 5, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 22 (Reuters) – Canada’s BlackBerry Ltd (BB.TO) beat Wall Street estimates for second-quarter revenue on Wednesday amid strong demand for its cybersecurity and Internet......

DiCaprio invests in cultivated meat start-ups Mosa Meat, Aleph Farms

Reuters
Sept 22 (Reuters) – U.S. actor Leonardo DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa Meat, the two cultivated meat start-ups said in a statement on Wednesday. Cast members Leonardo di Caprio takes part in a photo call for the movie “Once Upon a......

Divided Swiss to vote on same-sex marriage

Reuters
Swiss to vote in referendum on Sept. 26 New law would give access to adoption, sperm donation ZURICH, Sept 22 (Reuters) – Swiss voters decide on Sunday whether to allow same-sex couples to wed and adopt children after a highly charged campaign pitted gay rights activists against conservative opponents in......

Sony Group unit to buy India’s Zee Entertainment

Reuters
BENGALURU, Sept 22 (Reuters) – Sony Group Corp’s (6758.T) Indian unit will buy media giant Zee Entertainment Enterprises Ltd (ZEEL) (ZEE.NS), days after Zee’s shareholders asked for a management reshuffle, including the exit of Chief Executive Punit Goenka from the board. Zee, which has a presence in television broadcasting and......

SoftBank backs Steven Mnuchin’s $2.5 bln private equity fund

Reuters
U.S. Treasury Secretary Steven Mnuchin speaks during a House Financial Services Committee hearing in Washington, December 2, 2020. Greg Nash/Pool via REUTERS/File Photo Sept 22 (Reuters) – SoftBank Group (9984.T) will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese......

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