September 30, 2021 (Reuters) – The Federal Aviation Administration (FAA) said Thursday it will review safety concerns raised by a former Blue Origin employee about billionaire Jeff Bezos’ space company. Alexandra Abrams, former head of Blue Origin Employee Communications, and 20 other unnamed Blue Origin employees and former employees, said in an essay they had […]
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Activist investor Elliott owns “significant” stake in Toshiba as review conducted
September 30, 2021 By Svea Herbst-Bayliss and Makiko Yamazaki NEW YORK/TOKYO (Reuters) – Hedge fund Elliott Management said it owns a “significant” stake in troubled Japanese industrial conglomerate Toshiba Corp, which is conducting a strategic review amid pressure from other investors that could include a sale of the company. Elliott, one of the world’s most […]
While Britney Spears rejoices, her father’s attorney calls conservator suspension ‘wrong’
September 30, 2021 By Lisa Richwine LOS ANGELES (Reuters) – A lawyer for Jamie Spears on Thursday denounced a Los Angeles judge’s decision to suspend him as conservator of his daughter Britney Spears’ $60 million estate. LA Superior Court Judge Brenda Penny removed Jamie Spears https://ift.tt/3DfGIxR from the role on Wednesday and set a November […]
Lethal kids games drive viral fame of Netflix series “Squid Game”
September 30, 2021 (Corrects a word in headline from “Games” to “Game”) By Sangmi Cha SEOUL (Reuters) – The hit Netflix series “Squid Game” from South Korea has gone viral across the world and online by morphing childhood games popular before the digital era such as “Red Light, Green Light” into deadly survival challenges. The […]
TikTok starts flirting with NFTs
The NFT space has had quite the year, and while it can be difficult to separate the billions of dollars in crypto speculation from the potential infrastructure shifts, plenty of mainstream tech companies are dipping their toes into the space and signaling future interest. This time it’s TikTok’s turn. The fast-growing social media platform which […]
Colombia central bank raises interest rate to 2%
September 30, 2021 By Julia Symmes Cobb and Luis Jaime Acosta BOGOTA (Reuters) – Colombia’s central bank board raised the benchmark interest rate by 25 basis points to 2% on Thursday, its first change to borrowing costs in a year, as it seeks to control inflation. The decision – backed by four of the seven […]
Aces’ Kelsey Plum wins WNBA Sixth Player of the Year
September 30, 2021 Las Vegas Aces guard Kelsey Plum was named the WNBA Sixth Player of the Year on Thursday. The award, given to the top reserve, is a first for Plum, 27. Her teammate, forward Dearica Hamby, won it in 2019 and ’20 and was second in voting this season. Plum received 41 of […]
Continental restructures technology unit, downsizes board
September 30, 2021 BERLIN (Reuters) – German car parts maker Continental announced plans for a restructuring that will combine from the start of next year business activities around connectivity, mobility, and high-performance computers, it said on Thursday. Its tires business and the ContiTech division, focused on rubber technologies, will become independent group sectors, while its […]
Gramercy says it added Evergrande exposure as bond prices crater
September 30, 2021 NEW YORK (Reuters) – Gramercy said on Thursday it “added a small position” in China Evergrande Group bonds as prices have fallen to where there is a “compelling risk/reward.” The emerging markets specialist investment manager said the decision was made given bond prices dropping to the 30 cents on the dollar area […]
United Airlines cuts number of workers facing termination over vaccine noncompliance
September 30, 2021 CHICAGO (Reuters) – United Airlines on Thursday trimmed the number of employees who are facing termination for defying the company’s COVID-19 vaccine mandate. The Chicago-based carrier said only 320 U.S.-based staff are now not in compliance with its COVID-19 vaccination policy, marking a 46% drop in the past two days. Excluding those […]
Allianz must face investor claims over funds’ collapse, U.S. judge rules
September 30, 2021 By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge said Germany’s Allianz SE must face investor claims it wrongly “abandoned” the investment strategies it promised to use on hedge funds that suffered massive losses as the COVID-19 pandemic shook markets early last year. In an 81-page decision, U.S. District Judge Katherine […]
U.S. condemns Ethiopia’s expulsion of UN officials, could apply sanctions
September 30, 2021 WASHINGTON (Reuters) – The United States condemns Ethiopia’s expulsion of United Nations officials and will not hesitate to use sanctions against those who obstruct humanitarian efforts in the country, White House press secretary Jen Psaki told reporters on Thursday. Earlier on Thursday, Ethiopia’s Ministry of Foreign Affairs said it was expelling seven […]
Expo 2020 Dubai kicks off with lavish opening ceremony
September 30, 2021 DUBAI (Reuters) – The first world fair to be held in the Middle East, Expo 2020 Dubai, opened on Thursday with a lavish ceremony of fireworks, music and messaging about the power of global collaboration for a more sustainable future. Stars headlining the opening ceremony, which was projected in public spaces around […]
Clubhouse adds clips, replays for asynchronous listening, better search, and spatial audio for Android
Clubhouse announced today that it is unveiling four new features: Clips, Replay, Universal Search, and spatial audio for Android (which already exists on iOS). All of these features will launch today, except for Replay, which will roll out in October. These additions will help expand Clubhouse’s reach by making content available even after a live […]
South Korean ISP SK Broadband counterclaims against Netflix for bandwidth usage fees
South Korean internet service provider SK Broadband, a subsidiary of South Korean telco company SK Telecom, has filed a counterclaim against Netflix to demand payment for the bandwidth the streaming platform has used for the last three years. This case comes in the wake of the South Korean court siding against Netflix in June in […]
Facebook grilled in Senate hearing over teen mental health
Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published this month, which reported evidence that the company is aware of its negative impact on teen mental health. These documents were released in anticipation of today’s Senate hearing on the mental health harms of […]
Polish court delays ruling on primacy of EU law for the fourth time
September 30, 2021 WARSAW (Reuters) – Poland’s Constitutional Tribunal on Thursday delayed for a fourth time a ruling on whether the country’s constitution or European Union treaties take precedence, with critics saying Warsaw may be stalling to try to put pressure on Brussels. The Tribunal started hearing the case in July but had already adjourned […]
U.S. and Russia say they held ‘substantive’ arms control talks in Geneva
September 30, 2021 WASHINGTON (Reuters) -The United States and Russia said in a joint statement on Thursday that they had held “intensive and substantive” talks in their second meeting within a framework that is aimed at easing tensions between the world’s largest nuclear weapons powers. The two countries have agreed to set up two working […]
Ethiopians in three regions vote in delayed election
September 30, 2021 By Ayenat Mersie NAIROBI (Reuters) – Ethiopians in three regions where elections had been delayed finished voting for their representatives in a peaceful exercise on Thursday, officials said, and one area also voted on whether to form its own regional state. Prime Minister Abiy Ahmed will form the next government regardless of […]
Ecuador seeks to restore order after prison riot kills more than 100
September 30, 2021 By Yury Garcia and Alexandra Valencia GUAYAQUIL, Ecuador (Reuters) -Ecuador on Thursday sought to restore order at one of its largest prisons after a riot this week killed at least 116 inmates in the latest bout of violence authorities have linked to gangs vying for control of drug trafficking routes. The national […]