News

September 8, 2021 By Pushkala Aripaka and Yadarisa Shabong (Reuters) – Facebook has made a case for not selling Giphy in a strongly worded response to Britain’s competition regulator, and the tech firm questioned the watchdog’s call for divesting the GIF website over access and anti-competitive concerns. Facebook argued that “the inability of the CMA […]

September 8, 2021 WASHINGTON/HONG KONG (Reuters) -The U.S. Securities and Exchange Commission has told Coinbase Global Inc that it plans to sue the cryptocurrency exchange if it goes ahead with plans to launch a programme allowing users to earn interest by lending digital assets, Coinbase said. The top U.S. markets regulator has issued Coinbase with […]

September 8, 2021 By Brendan Pierson (Reuters) – Theranos founder Elizabeth Holmes is on trial https://ift.tt/3l9HuFb in federal court in San Jose, California, on charges of defrauding investors and patients about the now-defunct company’s blood-testing technology. She has pleaded not guilty. Here is a timeline of key events leading up to the trial. 2003 – […]

September 8, 2021 WASHINGTON (Reuters) – Democrats will not include a provision to raise the federal government’s borrowing limit in a $3.5 trillion “reconciliation” spending measure they hope to pass this autumn, U.S. House Speaker Nancy Pelosi said Wednesday. Pelosi said the $28.5 trillion debt limit must be raised, but told a news conference she […]

September 8, 2021 ADDIS ABABA (Reuters) -Rebellious forces from the Tigray region killed 120 civilians over two days in a village in Ethiopia’s Amhara region, local officials told Reuters on Wednesday. The killings in a village 10 km (six miles) from the town of Dabat took place on Sept. 1 and 2, said Sewnet Wubalem, […]

A number of Spotify playlist curators are complaining that the streaming music company is not addressing the ongoing issue of playlist abuse, which sees bad actors reporting playlists that have gained a following in order to give their own playlists better visibility. Currently, playlists created by Spotify users can be reported in the app for […]

Private equity giant Thoma Bravo has taken a stake in Intel 471, a provider of cyber threat intelligence for enterprises and governments. The strategic growth investment, which comes as organizations double-down on cybersecurity amid a pandemic-fueled rise in cyber threats, will enable Intel 471 to evolve its product suite, broaden its go-to-market strategy and continue […]

Sila Nanotechnologies next-generation battery technology made its commercial product debut Wednesday in the new Whoop fitness tracker, a milestone that caps a decade of research and development by the Silicon Valley startup all aimed at cracking the code to packing more energy into a cell at a lower cost. Billions have been spent over the […]

September 8, 2021 By Simon Evans MANCHESTER, England (Reuters) – Paris St Germain have hit back strongly at Spanish league chief Javier Tebas after he mocked the age of their players and the spending of the French club, saying he should deal with the debt and “mismanagement” in LaLiga. Tebas, a long standing critic of […]

September 8, 2021 (Reuters) – Foreign countries greeted the makeup of the new government in Afghanistan with caution and dismay on Wednesday after the Taliban appointed hardline veteran figures to top positions, including several with a U.S. bounty on their head. Small protests persisted in Afghanistan, with dozens of women taking to the streets of […]

September 8, 2021 ATHENS (Reuters) – Thousands of Greeks on Wednesday bid farewell to Mikis Theodorakis, a world-renowned activist and musician whose work brought Greek culture to a global audience in the latter 20th century. Theodorakis, whose musical score for the 1964 movie “Zorba the Greek” helped foster a carefree image of Greece abroad for […]

September 8, 2021 By Tom Balmforth and Gabrielle Tétrault-Farber MOSCOW (Reuters) – A Russian government minister who once served in President Vladimir Putin’s security detail died in the Arctic on Wednesday while trying to save the life of a film director who fell into a river, his ministry said. Yevgeny Zinichev, 55, a close Putin […]

September 8, 2021 LONDON (Reuters) – British education minister Gavin Williamson came under fire on Wednesday for confusing two black campaigning sportsmen, claiming to have to have met with soccer player Marcus Rashford when in fact it had been rugby player Maro Itoje. In an interview with the Evening Standard newspaper, Williamson said he had […]

September 8, 2021 (Reuters) – After racking up 3,500km in finishing his 10th Vuelta de Espana last weekend Luis Angel Mate could have been excused a few days off but instead has opted to cycle another 1,000km home. The 37-year-old who rides for the Euskaltel–Euskadi team finished 30th overall in the three-week slog that finished […]

September 8, 2021 (Reuters) – Gianmarco Tamberi will never regret sharing the high jump gold with friend Mutaz Essa Barshim at the Tokyo Olympic Games but believes the choice to stop competing in such instances should be taken away from athletes. Italian Tamberi and Qatari Barshim both cleared 2.37m in Tokyo but failed at the […]

September 8, 2021 By James Davey LONDON (Reuters) -The $10 billion takeover battle for British supermarket group Morrisons between two U.S. private equity groups looks set to be decided by a rarely used auction process. Morrisons said on Wednesday it was in talks with Clayton, Dubilier & Rice (CD&R), Fortress Investment Group and Britain’s takeover […]

September 8, 2021 NEW YORK (Reuters) -Volatility in bitcoin eased on Wednesday, a day after El Salvador adopted the crypto asset as legal tender, but the threat of a U.S. lawsuit against crypto exchange Coinbase Global Inc underscored the rocky road ahead for cryptocurrencies. The Securities and Exchange Commission issued Coinbase with a Wells notice, […]

September 8, 2021 By Chris Prentice and Carolyn Cohn WASHINGTON/LONDON (Reuters) – World stocks edged away from the previous day’s record highs on Wednesday and Wall Street retreated on uncertainty over the pace of economic recovery, as investors’ move away from riskier assets lifted the dollar to one-week highs. Accommodative central bank policies and optimism […]

September 8, 2021 KUALA LUMPUR (Reuters) – Malaysia’s flagship budget carrier AirAsia Group Bhd posted a smaller loss in the second quarter amid a jump in revenue, even as an enhanced lockdown dampened sales during an ongoing slump in travel, a bourse filing showed on Wednesday. Revenue was 160% higher at 370 million ringgit, boosted […]

September 8, 2021 LONDON (Reuters) – British education minister Gavin Williamson came under fire on Wednesday for confusing two black campaigning sportsmen, claiming to have to have met with soccer player Marcus Rashford when in fact it had been rugby player Maro Itoje. In an interview with the Evening Standard newspaper, Williamson said he had […]