News

September 14, 2021 MILAN (Reuters) – Generali said a majority of its board members was in favour of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy’s biggest insurer spar over governance and strategy. Generali said a majority of non-executive directors had expressed appreciation for Donnet’s work at a […]

Apple continues its tradition of improving the photography capabilities of consumer devices with today’s announcement of the iPhone 13 and 13 Pro, available on September 24. Last year’s iPhone 12 had two rear camera lenses, while the iPhone 12 Pro had three; the iPhone 13 and iPhone 13 Pro follow suit. The iPhone 13 features […]

Space rideshare service provider Spaceflight Inc. is going to be shuttling customers on a lunar flyby mission next year, part of its long-term vision of giving companies easy access to lunar orbits and beyond. The Seattle-based company will be delivering payload using its propulsive transfer vehicle, Sherpa EScape, or Sherpa-ES, the latest iteration of Sherpa […]

Canva is now valued at $40 billion following a fresh capital injection of $200 million (USD) in a round led by T. Rowe Price. New and existing investors participated in the round, including Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis and AirTree Ventures. This round solidifies Canva […]

September 14, 2021 By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Investors are ramping up their focus on Washington, as the twin prospects of a tax hike and a potentially prolonged fight over raising the debt ceiling loom over a rally in U.S. stocks. Democrats in the U.S. House of Representatives on Monday […]

September 14, 2021 WASHINGTON (Reuters) – The top U.S. general secretly called his Chinese counterpart twice in the final months of Donald Trump’s term in office over concerns the U.S. president could spark a war with China as his potential election loss loomed and in its aftermath, according to a newspaper report on Tuesday. U.S. […]

The TechCrunch crew is hard at work writing up the latest from Apple’s iPhone, iPad and Apple Watch event. They have good notes on the megacorp’s hardware updates. But what are the markets saying about the same array of products? For those of us more concerned with effective S&P dividend yields than screen nit levels, […]

President Biden made his latest nomination to the Federal Trade Commission this week, tapping digital privacy expert Alvaro Bedoya to join the agency as it takes a hard look at the tech industry. Bedoya is the founding director of the Center on Privacy & Technology at Georgetown’s law school and previously served as chief counsel […]

September 14, 2021 By Francois Murphy VIENNA (Reuters) – The U.N. nuclear watchdog on Tuesday described as “unacceptable” incidents in Iran involving its inspectors, in which diplomats say security staff subjected female inspectors to inappropriate searches that the United States is calling harassment. In a first case this year at the Natanz nuclear site, a […]

It’s that time again! It’s September, which generally means two things: we’re blasting Earth, Wind, and Fire on repeat, and Apple will announce a new iPhone (or four.) Right on schedule, Apple held a remote event this morning, streaming kinda-sorta-live from its Cupertino campus. Whether you didn’t have time to watch the entire hour long […]

Shortly after today’s virtual conference, Apple announced that the next major version of iOS will be ready for prime time very soon. iPhone users will be able to update to iOS 15 on September 20. The company first unveiled iOS 15 earlier this year at its Worldwide Developer Conference. The biggest change of iOS 15 […]

September 14, 2021 DUBLIN (Reuters) – Ireland’s data privacy regulator has opened two inquiries into Chinese-owned short-video platform TikTok related to the processing of personal data of users aged under 18 and the transfers by TikTok of personal data to China. Ireland is the lead regulator of TikTok under the European Union’s strict data privacy […]

September 14, 2021 (Reuters) – Wells Fargo & Co on Tuesday pushed back the date when its employees return to office in the United States to the beginning of November, according to a memo seen by Reuters. Wells Fargo’s operations and contact center employees will start returning to office over several weeks beginning Nov. 1, […]

September 14, 2021 (Reuters) -Teck Resources Ltd, is exploring options for its metallurgical coal business, including a sale or spinoff that could value the unit at as much as $8 billion, Bloomberg News reported on Tuesday, citing sources. Large commodity producers have been facing investor pressure to shift away from fossil fuel business, including by […]

September 14, 2021 WASHINGTON (Reuters) – U.S. tax code changes sought by Democrats in the House of Representatives to help finance $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday. The bipartisan congressional Joint Committee on Taxation estimated […]

September 14, 2021 By Martin Quin Pollard BEIJING (Reuters) – The plaintiff in a high-profile Chinese #MeToo case headed into a second closed-door hearing in Beijing on Tuesday in what she said could be her last time in court in her lawsuit against a prominent state TV host. Prior to entering the court, which was […]

Apple has announced its new lineup of phones at its virtual conference. In addition to the regular iPhone 13 and iPhone 13 mini, the company has two Pro models with some premium features that you won’t find in the regular iPhone 13. Of course, the Pro models are also more expensive. For reference, the iPhone […]

Alongside the introduction of the new iPhone 13, Apple introduced a few new accessories to complement its upgraded flagship devices. One of the more interesting additions in the accessories in the lineup is a new MagSafe wallet that works with Apple “Find My” service. That means if you accidentally lose your wallet when it becomes […]

After unveiling the Apple Watch Series 7, Apple shared updates that are coming to Fitness+, its fitness service designed around Apple Watch. Currently, the $9.99/month service is available in six countries, like the United States, Canada and the United Kingdom. But at its press event today, Apple announced that the service will become available in […]

Are founders in fundraising mode short-sighted when it comes to working with Chinese venture funds? Runa Capital’s Asia business development manager Denis Kalinin studied data from iTjuzi, a database of Chinese venture capitalists, and found: “…Chinese funds invested around $250 billion in 2020 (three times higher than the figure reported in Crunchbase). This figure puts […]