September 23, 2021 By Hyunjoo Jin SAN FRANCISCO (Reuters) – San Francisco transport authorities on Thursday raised concerns about the safety record of Tesla’s advanced driver assistant system, as the electric car maker prepared a wide release of a test version of the software that works on city streets and highways. The San Francisco County […]
News
U.S. Commerce chief: more action to be taken on Huawei if needed
September 23, 2021 By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei if necessary, after some Republican lawmakers have pressed for more steps. Washington says Huawei is a national security threat on a variety of grounds and aggressively […]
McDonald’s restarts share buybacks as business recovers from pandemic hit
September 23, 2021 (Reuters) – McDonald’s Corp said on Thursday it would restart share buybacks and also increased its quarterly dividend by 7%, as the world’s largest fast food chain recovers from the impact of the COVID-19 pandemic. McDonald’s had suspended its $15 billion buyback program early last year as the burger chain looked to […]
Nintendo announced that Chris Pratt will play Mario on the big screen
It’s a me, Burt Macklin! Chris Pratt is voice acting as Mario in a feature film that Nintendo is working on with Illumination, the studio that made “Despicable Me.” Also, they didn’t tell us at Nintendo Direct who the new “Smash” fighter is. But we can’t be too disappointed, because apparently Anya Taylor-Joy is Peach, Jack […]
Eletrobras unit sells stake in transmission company for $140 million
September 23, 2021 BRASILIA (Reuters) – Brazilian state-run power company Centrais Eletricas Brasileiras SA, Latin America’s largest utility, said on Thursday that its Eletronorte unit received 740.4 million reais ($140 million) for a tag-along sale of shares in Norte Brasil Transmissora de Energia SA (NBTE). The shares were sold to aLeovac Participações S.A.-Leovac, owned by […]
U.S. charges ex-Wall Street quantitative analyst with insider trading
September 23, 2021 By Jonathan Stempel NEW YORK (Reuters) -A former Wall Street quantitative analyst was charged on Thursday with insider trading for making nearly 2,900 trades after learning his employer would soon make the same trades for clients, known as front-running. The U.S. Department of Justice said Sergei Polevikov, 48, of Port Washington, New […]
Brazil committee passes civil service reform bill that trims employee payroll growth
September 23, 2021 BRASILIA (Reuters) – Legislation aimed at reducing the size of the Brazilian state and trimming the growth of public payrolls cleared the committee stage in the lower chamber of Congress on Thursday in a significant advance for the government’s reform agenda. Despite opposition objections, the measure amends the country’s constitution to loosen […]
France’s Le Drian says restoring confidence with U.S. will require time
September 23, 2021 PARIS (Reuters) -French Foreign Minister Jean-Yves Le Drian told U.S. Secretary of State Antony Blinken on Thursday it would take “time and actions” to restore confidence in ties after a crisis triggered by Australia’s cancellation of a submarine contract with Paris. France was incensed by Australia’s decision last week to opt instead […]
North Korea says call to declare end of Korean War is premature
September 23, 2021 By Sangmi Cha SEOUL (Reuters) – South Korea’s call to declare a formal end to the Korean War is premature as there is no guarantee it would lead to the withdrawal of the “U.S. hostile policy” toward Pyongyang, North Korea state media KCNA reported on Friday, citing Vice Foreign Minister Ri Thae […]
Former Catalan government head detained in Sardinia, his office says
September 23, 2021 MADRID (Reuters) – The former Catalan government head Carles Puigdemont was detained on Thursday by Italian police in Sardinia, his office said in a statement. Spain has accused the Catalan separatist leader with sedition, claiming he helped organise a 2017 independence referendum deemed illegal by Spanish courts. In March, the European Parliament […]
Golf-U.S. play Ryder Cup for country, Europe for something more
September 23, 2021 By Steve Keating KOHLER, Wisconsin (Reuters) – When the Ryder Cup gets underway on Friday the United States team members will be playing for their country and the Europeans will be playing for respect. There may be different motivations but there is a singular goal, lifting the little gold trophy on Sunday […]
Minnesota grain handler targeted in ransomware attack
September 23, 2021 By Tom Polansek and Karl Plume CHICAGO (Reuters) – Minnesota agricultural firm Crystal Valley Cooperative said it had been targeted in a ransomware attack in recent days, making it the second Midwestern farm-services provider in a week to be forced to take systems offline due to cybersecurity incidents. Crystal Valley, which sells […]
New demographic data shows continued divide at Amazon
September 23, 2021 By Ross Kerber (Reuters) – Amazon.com Inc’s executives ranks remained largely white, although the share of non-white executives rose modestly, while minorities continued to account for most of its blue-collar workforce as the online retailer grew rapidly during the COVID-19 pandemic, according to new company data. The disclosure made Amazon the largest […]
Daily Crunch: Cellino wins TechCrunch Disrupt Startup Battlefield 2021
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for September 23, 2021. We just put the final bow on Disrupt, which went pretty damn well. Thanks to everyone who came out, and, of course, […]
NYC passes bills to improve conditions of app-based delivery workers
The New York City Council passed bills today that will set minimum pay and improve working conditions for gig workers making deliveries for apps like Grubhub, DoorDash and Uber Eats. More specifically, the bills allow delivery workers to use restaurant bathrooms, limit how far they can be asked to deliver, set minimum payments per trip […]
And the winner of Startup Battlefield at Disrupt 2021 is… Cellino
We started this competition with 20 impressive startups. After three days of fierce pitching in the virtual yet incredibly competitive Startup Battlefield arena, we have a winner. The startups taking part in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. Like last year, we reproduced the nail-biting excitement […]
Stocks surge, dollar sags as investors digest Fed, Evergrande
September 23, 2021 By Lewis Krauskopf and Marc Jones NEW YORK/LONDON (Reuters) – World stock markets rallied on Thursday and the U.S. dollar retreated from one-month highs as worries faded about contagion from China Evergrande and as investors digested the Federal Reserve’s plans for reining in U.S. stimulus. Wall Street’s main indexes all ended up […]
Hong Kong tycoon Richard Li’s FWD makes U.S. IPO filing public
September 23, 2021 (Reuters) – Insurance company FWD Group Holdings Ltd, owned by Hong Kong billionaire Richard Li, made its filing for a stock market listing in the United States public on Thursday, revealing a jump in revenue last year. The insurer, which will list through an initial public offering, posted revenue of $9.49 billion […]
German candidates clash in last TV debate before vote as SPD lead narrows
September 23, 2021 BERLIN (Reuters) – Candidates vying to succeed Angela Merkel as German chancellor clashed on Thursday on tax, debt and foreign policy in a final television debate as opinion polls showed the race tightening three days before a federal election. A FGW poll for ZDF Television showed support for the conservative CDU/CSU alliance, […]
Synthetic dataset of human trafficking victims could allow big data work without privacy compromises
In order to combat human trafficking effectively, those combating it must understand it — and these days, that means data. Unfortunately, for obvious reasons there is no convenient index of trafficking victims, though this confidential information is in some ways abundant. Microsoft and the International Organization for Migration may have found a way forward with […]