News

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris gathered to dig through the week’s biggest happenings, including some news of our own. As a note, Equity’s Monday episode will be landing next Tuesday, thanks to a national holiday here in the United States. And we have something […]

September 3, 2021 AMSTERDAM (Reuters) – Netherlands manager Louis van Gaal is predicting another difficult World Cup qualifier when they host Montenegro in Eindhoven on Saturday, saying he expects the match to be as testing as their 1-1 draw in Norway on Wednesday. The veteran coach, who is back for a third stint in charge […]

September 3, 2021 By Alan Baldwin (Reuters) – Red Bull are seeking to secure Alexander Albon’s Formula One return next season, with seats opening up at Alfa Romeo and Williams, while Mercedes are keen to place their new Formula E champion Nyck de Vries. Albon, 25, drove for Red Bull’s main team last year but […]

September 3, 2021 By Saikat Chatterjee LONDON (Reuters) -Investors have swept into assets perceived to perform on slowing growth and rising inflation, a weekly round-up by BofA showed on Friday, with tech stocks seeing their biggest inflows in six months and large outflows from U.S. government debt. At $2.5 billion, tech stocks saw the biggest […]

September 3, 2021 CHICAGO (Reuters) – North America’s largest meatpacking union said on Friday it has agreed to support Tyson Foods Inc’s requirement that employees be vaccinated against COVID-19 and also secured paid sick leave for workers in negotiations over the matter. The United Food and Commercial Workers union, which represents Tyson plant workers, said […]

September 3, 2021 By Huw Jones LONDON (Reuters) – Weaker-than-expected jobs growth data from the United States sent a wave through the markets on Friday, leaving investors trying to work out what it means for the timing of Federal Reserve tapering of stimulus. Non-farm payrolls increased by 235,000 jobs last month, far short of the […]

September 3, 2021 By Jessica DiNapoli (Reuters) – FedEx Corp shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday. Smith, […]

September 3, 2021 (Reuters) – The U.S. securities regulator has been asking money managers to explain the standards they use for classifying funds as environmental, social and governance (ESG)-focused for several months, Bloomberg News reported, citing people familiar with the matter. This is the second such review by the U.S. Securities and Exchange Commission (SEC) […]

September 3, 2021 By Chris Prentice and Susan Heavey WASHINGTON (Reuters) – The Kraft Heinz Company and two former executives will pay penalties of more than $62 million to settle charges they falsified supplier contracts to achieve cost savings, the U.S. securities regulator said on Friday. The Securities and Exchange Commission (SEC) alleged that the […]

September 3, 2021 By Sabine Siebold BRDO, Slovenia (Reuters) -The European Union is ready to engage with the new Taliban government in Kabul but the Islamist group must respect human rights, including those of women, and not let Afghanistan become a base for terrorism, the EU foreign policy chief said on Friday. “In order to […]

A startup called Playbyte wants to become the TikTok for games. The company’s newly launched iOS app offers tools that allow users to make and share simple games on their phone, as well as a vertically scrollable, fullscreen feed where you can play the games created by others. Also like TikTok, the feed becomes more […]

September 3, 2021 BRASILIA (Reuters) – The head of Brazil’s central bank, Roberto Campos Neto, said on Friday he is “closely monitoring” rising electricity prices due to the worst drought in the country in decades. The rise in energy prices is one of the most important factors in rising inflation estimates for 2021 and next […]

September 3, 2021 (Reuters) – The U.S. Securities and Exchange Commission (SEC) is investigating Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, Uniswap, the Wall Street Journal reported on Friday https://ift.tt/3BDFf3j, citing people familiar with the matter. Enforcement attorneys are looking for more information on how investors use Uniswap and […]

September 3, 2021 (Reuters) – Apple Inc said on Friday it would take more time to collect input and make improvements before releasing important child safety features. The company last month said it will implement a system that checks photos on iPhones in the United States before they are uploaded to its iCloud storage services […]

September 3, 2021 By Lawrence Hurley WASHINGTON (Reuters) – During a 2016 presidential debate, then-candidate Donald Trump made a statement that seemed brash at the time: If he were elected and got the chance to nominate justices to the U.S. Supreme Court, the Roe v. Wade ruling that legalized abortion would be overturned. By this […]

TechnologyOne, an Australian SaaS enterprise, has agreed to acquire UK-based higher education software provider Scientia for £12 million /$16.6 million in cash.   TechnologyOne claims to have 75% of Higher Education institutions in Australia using its software, while Scientia claims 50% market share in the UK. The acquisition includes an initial payment of £6m and […]

September 3, 2021 By Lawrence Hurley WASHINGTON (Reuters) – During a 2016 presidential debate, then-candidate Donald Trump made a statement that seemed brash at the time: If he were elected and got the chance to nominate justices to the U.S. Supreme Court, the Roe v. Wade ruling that legalized abortion would be overturned. By this […]

September 3, 2021 Darin Ruf broke an eighth-inning tie with a double after video review overturned what would have been the third out and Thairo Estrada followed with a three-run home run as the San Francisco Giants salvaged one win in their four-game series against the visiting Milwaukee Brewers with a 5-1 victory on Thursday […]

September 3, 2021 LONDON (Reuters) – European shares briefly extended losses with a widely watched gauge of banking shares dipping 1% after data showed U.S. jobs growth in August missed estimates by a wide margin, fuelling fears that bets of a robust economic recovery may be overdone. The weakness in U.S. data rippled across markets […]

September 3, 2021 LONDON (Reuters) – England’s Ollie Pope and Jonny Bairstow forged an unbroken 77-run partnership for the sixth wicket to guide the hosts to 139-5 against India at lunch on day two of the fourth test on Friday. England lost two wickets in the morning session to slump to 62-5 but Pope and […]