September 10, 2021 BERLIN (Reuters) – The general secretary of Chancellor Angela Merkel’s conservatives has pressed their rival Social Democrats’ (SPD) chancellor candidate, Olaf Scholz, to explain himself over an investigation of his Finance Ministry by prosecutors. German prosecutors raided the finance and justice ministries https://reut.rs/2X7miHL on Thursday as part of an investigation into the […]
Malaysian PM proposes political reforms to woo opposition
September 10, 2021 KUALA LUMPUR (Reuters) – Malaysian Prime Minister Ismail Sabri Yaakob on Friday offered to introduce political reforms including new laws to prevent defections and limit the term of a premier to 10 years, in an effort to win opposition support for his leadership. Ismail Sabri took office last month with a slim […]
UK extends Cressida Dick’s contract as London police chief
September 10, 2021 LONDON (Reuters) – London police chief Cressida Dick, who has faced criticism for her force’s handing of major investigations and protests, will remain in her role as Britain’s most senior officer, the British government said on Friday. Dick’s contract, which was due to end in April next year, has been extended for […]
Startup insurance provider Vouch raises $90M, now valued at $550M
Vouch, a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. The $90 million figure was raised across two rounds: a $60 million Series C co-led by SVB Capital (a subsidiary of Silicon Valley Bank) and Ribbit Capital that values the company at $550 million, […]
MaxRewards banks $3M to reveal best payment methods that reap the most rewards
When Anik Khan graduated from college, his first job was working on credit cards and business expenses at Accenture. There, he found that someone could bring in a couple of thousand dollars just by having the right credit cards and following the rewards and promotions. It was back in 2017 when he and David Gao […]
Amagi tunes into $100M for cloud-based video content creation, monetization
Media technology company Amagi announced Friday $100 million to further develop its cloud-based SaaS technology for broadcast and connected televisions. Accel, Avataar Ventures and Norwest Venture Partners joined existing investor Premji Invest in the funding round, which included buying out stakes held by Emerald Media and Mayfield Fund. Nadathur Holdings continues as an existing investor. […]
Soccer-Brazilian players being punished for tussle between club and country – Klopp
September 10, 2021 (Reuters) – Liverpool manager Juergen Klopp said he was unsure if his Brazilian players could play against Leeds United in the Premier League on Sunday after they were ruled ineligible because the Merseyside club did not release them for World Cup qualifiers. The Brazilian Football Confederation (CBF) triggered an “automatic restriction period” […]
Turkey mutually parts ways with head coach Senol Gunes
September 10, 2021 ANKARA (Reuters) -Turkey have parted company with head coach Senol Gunes by mutual consent, the Turkish Football Federation (TFF) said on Friday, after the team were thrashed by the Netherlands in their World Cup qualifier this week amid a run of poor form. Gunes, 68, was brought back in March 2019 after […]
Take Five: Big in Japan
September 10, 2021 (Reuters) – 1/WANTED: PRIME MINISTER In the wide-open contest to be Japan’s next premier, hopefuls have until Friday to announce intentions. For now, it’s a three-horse race: The favourite, COVID-19 vaccine minister Taro Kono, ex-foreign minister Fumio Kishida and ex-internal affairs minister Sanae Takaichi – the first woman to bid for the […]
Tinder CEO moves to Yahoo as top boss
September 10, 2021 (Reuters) – Dating app Tinder’s chief executive officer, Jim Lanzone, is leaving the company to take over the top job at Yahoo, the online media company said on Friday. Separately, Match Group, the parent of Tinder, named Renate Nyborg as CEO of the dating app to replace Lanzone. (Reporting by Eva Mathews […]
Malaysia’s Top Glove says U.S. lifts import ban over forced labour
September 10, 2021 By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s Top Glove Corp said on Friday it has been allowed to resume sales to the United States, after customs authorities lifted a year-long ban imposed for alleged forced labour https://ift.tt/3E64Mo0 found at the world’s largest medical glove maker. The U.S. Customs and […]
Taiwan raps Fitch for calling it part of China in ratings upgrade
September 10, 2021 TAIPEI (Reuters) -Taiwan’s government scolded Fitch Ratings on Friday for calling the island part of China for the first time, in an announcement on upgrading Taiwan’s economic outlook, and said it was talking to the company about the issue. China, which claims democratically ruled Taiwan as its own territory, has pressured foreign […]
Exclusive: Wide-ranging SolarWinds probe sparks fear in Corporate America
September 10, 2021 By Christopher Bing, Chris Prentice and Joseph Menn (Reuters) – A U.S. Securities and Exchange Commission investigation into the SolarWinds Russian hacking operation has dozens of corporate executives fearful information unearthed in the expanding probe will expose them to liability, according to six people familiar with the inquiry. The SEC is asking […]
U.S. producer prices increase solidly in August
September 10, 2021 WASHINGTON (Reuters) – U.S. producer prices increased solidly in August, indicating that high inflation is likely to persist for a while, with supply chains remaining tight as the COVID-19 pandemic drags on. The producer price index for final demand rose 0.7% last month, the Labor Department said on Friday. That followed two […]
Company bosses face ethical dilemmas in French film premiering in Venice
September 10, 2021 By Silvia Aloisi VENICE (Reuters) – The tension between labour and profit in globalised, market-oriented economies is at the centre of French director Stéphane Brizé’s new film “Another World”, the story of a plant manager who is asked by his bosses to lay off his own workers. The movie, which premieres at […]
Jim Lanzone breaks up with Tinder, swipes right to take the CEO job at Yahoo, Renate Nyborg takes Tinder CEO role
Ten days after Apollo Global completed its acquisition of Yahoo (formerly Verizon Media) from Verizon for $5 billion, it has appointed a new CEO for the group. Jim Lanzone, who is currently the CEO of dating app Tinder, is coming on to lead the company (which, disclaimer, also owns TechCrunch). Renate Nyborg, who had been […]
Why do the media always pit labor against capital?
Seth Levine Contributor Share on Twitter Seth Levine is a partner and co-founder of the venture capital firm Foundry Group, based in Boulder, CO. Elizabeth MacBride Contributor Share on Twitter Elizabeth MacBride is an award-winning journalist and the founder of “Times of Entrepreneurship,” a new publication covering entrepreneurs beyond Silicon Valley. The uproar that arose […]
Kroger expects smaller decline in same-store sales on grocery demand
September 10, 2021 (Reuters) -Kroger Co said on Friday it expected a smaller decline in annual same-store sales as nerves around this summer’s surge in coronavirus infections kept Americans stocking up on groceries. The more infectious Delta variant has driven a resurgence in U.S. COVID-19 cases, delaying a return to normal and aiding businesses of […]
China’s President Xi spoke with German Chancellor Merkel – state media
September 10, 2021 BEIJING (Reuters) – China’s President Xi Jinping urged Germany to promote a “correct” policy towards China within the European Union in a phone call with German Chancellor Angela Merkel, according to a Chinese state media report on Friday. He also said he hopes the EU-China Comprehensive Agreement on Investment could be ratified […]
Soccer-Aguero has no Barca regrets despite Messi exit
September 10, 2021 BARCELONA (Reuters) – Forward Sergio Aguero said he has no regrets over signing for Barcelona despite the fact that close friend Lionel Messi left the club in the same transfer window. The Argentine, who arrived on a free transfer from Manchester City, said he was happy with the decision he had made […]
