News

September 13, 2021 SINGAPORE (Reuters) – Grab, Southeast Asia’s biggest ride hailing-to-food delivery group, lowered its full-year forecasts on Tuesday, citing renewed uncertainty over pandemic-related movement restrictions despite encouraging vaccination rates in the region. Singapore-based Grab also said in a statement that it was making progress on its record merger deal https://ift.tt/3A99Nd9 agreed with U.S. […]

September 13, 2021 WASHINGTON (Reuters) – President Joe Biden will travel to New York on Sept. 21 and deliver remarks at the 76th U.N. General assembly, the White House said on Monday. The meeting of world leaders is shaping up to be a hybrid event of in-person speeches and video statements as global vaccination rates […]

Hello and welcome back to Daily Crunch for September 13, 2021. This is Alex and I am back! A big thanks to Greg for taking over last week while I was on staycation. It is lovely to be back with you all. Before we dive into the news, a reminder that Disrupt is next week. […]

Yeah, yeah, you don’t need to charge a real book — but you also don’t need to update a book’s software, and that’s also often true for Amazon’s Kindle, which rarely gets a software refresh. But now, our trusty Kindles remind us that they’re actually Wi-Fi connected, electronic devices capable of change as Amazon unveils a significant […]

September 13, 2021 By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems. Congress earlier this year created a $3 billion aviation manufacturing payroll subsidy program that will cover up to half of eligible companies’ compensation costs […]

September 13, 2021 By Jonathan Landay WASHINGTON (Reuters) -The family of Mark Frerichs on Monday urged U.S. President Joe Biden to fire his chief Afghanistan peace negotiator, charging that the envoy has done little to win the release of the last American believed to be held hostage by the Taliban. The call for U.S. Special […]

Miha Mikek Contributor Share on Twitter Miha Mikek is the CEO and co-founder of creative automation company Celtra. With the holiday season around the corner, growth marketers are gearing up for their busiest time of the year. E-commerce brands are now leaning heavily on social sales and digital advertising, but should also expect an omnichannel […]

September 13, 2021 SHANGHAI (Reuters) – As elite snowboarder Liu Jiayu trains for the 2022 Winter Olympics, it’s not just her platinum blond-streaked ponytail that stands out – she also has a colourful, personal and public social media presence, a relative rarity for Chinese athletes. Instagram pictures show her performing tricks in midair, or even […]

September 13, 2021 (Reuters) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) said on Monday it was open to the idea of a biennial World Cup, provided that it creates a more balanced structure for the game globally. CONCACAF said it recognised the merits of creating a new soccer calendar if […]

September 13, 2021 (Reuters) – ViacomCBS Inc said on Monday it is restructuring the operations of its Paramount Pictures’ movie and television production unit, in a broader shakeup aimed at ramping up content on its cable and streaming services. The company said Paramount’s television arm will be run as a separate entity under the leadership […]

September 13, 2021 By Greg Roumeliotis (Reuters) – Private equity firm Apollo Global Management Inc has approached Tronox Holdings Plc, one of the world’s largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday. Apollo has offered $27 per share to buy Stamford, Connecticut-based Tronox, according to the […]

September 13, 2021 By Helen Coster (Reuters) – Fox Corp-owned Fox Entertainment has acquired the TMZ entertainment platform and its media properties from AT&T Inc-owned WarnerMedia, Fox announced Monday. Financial terms were not disclosed. Fox Entertainment – along with Fox News Media, Fox Sports and Fox Television Stations – is part of Rupert Murdoch’s Fox […]

September 13, 2021 By Pete Schroeder WASHINGTON (Reuters) – The White House announced Monday that President Joe Biden had nominated Rostin Behnam as chairman of the Commodity Futures Trading Commission, and Kristin Johnson to serve as a commissioner at the agency. Behnam is serving as acting chair of the derivatives regulator, which he has been […]

September 13, 2021 By David Shepardson WASHINGTON (Reuters) – President Joe Biden plans to nominate New York City’s director of city planning for a key U.S. Commerce Department trade role along with nominees for nine other positions in the administration, the White House said on Monday. Marisa Lago, who previously worked at the U.S. Treasury […]

This afternoon Intuit confirmed persistent rumors that it was in the process of buying MailChimp, detailing a $12 billion transaction that will bring the well-known email infra company to its corporate remit. Intuit is not a well-known player in the email marketing space. The company is instead best known for its TurboTax software — and […]

September 13, 2021 NEW YORK (Reuters) – Interactive Brokers Group on Monday said it launched low-fee cryptocurrency trading on its platform, making it the latest online retail brokerage to add digital assets to its offerings. U.S. clients of the brokerage will now be able to trade and custody bitcoin, ethereum, litecoin and bitcoin cash alongside […]

September 13, 2021 (Reuters) – Enterprise software firm Oracle Corp missed Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the cloud computing space. Total revenue rose 4% to $9.73 billion in the quarter ended Aug. 31. Analysts were expecting revenue of $9.77 billion, according to IBES data from Refinitiv. (Reporting by […]

September 13, 2021 By Lawrence Hurley WASHINGTON (Reuters) – Abortion rights advocates on Monday urged the U.S. Supreme Court not to overturn the Roe v. Wade ruling that legalized abortion nationwide – a 1973 landmark imperiled in the legal fight over Mississippi’s attempt to ban the procedure after 15 weeks of pregnancy. “The fallout would […]

Twitch filed a lawsuit late last week against two people on its own platform for running automated hate and harassment campaigns. The harassment, often targeted at Black and LGBTQ streamers, manifests in a unique Twitch phenomenon as a “hate raid.” On Twitch, creators regularly point viewers toward another friendly account after their stream concludes to […]

September 13, 2021 By Mayela Armas CARACAS (Reuters) – Venezuela’s government is allowing private firms to run at least 13 food companies that were nationalized a decade ago, according to a dozen people familiar with the situation, an effort meant to improve operations that suffered under state management. The government of President Nicolas Maduro has […]