October 6, 2021 By Foo Yun Chee BRUSSELS (Reuters) -Nvidia has offered concessions in a bid to secure EU antitrust approval for its $54 billion acquisition of British chip designer Arm, a European Commission filing showed on Wednesday. The deal announced by world’s biggest maker of graphics and AI chips last year has sparked concerns […]
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South Korea broadband firm sues Netflix after traffic surge from ‘Squid Game’
October 6, 2021 By Joyce Lee SEOUL (Reuters) – South Korean Internet service provider SK Broadband has sued Netflix to pay for costs from increased network traffic and maintenance work because of a surge of viewers to the U.S. firm’s content, an SK spokesperson said on Friday. The move comes after a Seoul court said […]
Netflix to edit ‘Squid Game’ phone number after woman inundated with calls
October 6, 2021 By Sangmi Cha SEOUL (Reuters) – A South Korean woman who was deluged with thousands of prank calls and text messages after her phone number was highlighted as a key plot point in Netflix’s hit show “Squid Game https://ift.tt/3D22ODQ; may soon get some relief. Netflix and local production company Siren Pictures said […]
Tracking CO2 emissions for supply chains leads Normative to a €10M fund raise
Increasingly, companies are being encouraged by governments to engage in carbon accounting, but of course, only a small number of companies actually do. Even those probably count only 10% of their emissions because they don’t account for the emissions of their supply chain, which, when looked at, probably accounts for 90% of their total emissions. […]
Spotify’s podcast creation tool Anchor gains access to the company’s larger audio ad network
Earlier this year, Spotify introduced its new audio advertising marketplace, the Spotify Audience Network, which allows advertisers to reach audiences across Spotify’s ad-supported music and original and exclusive podcast programs, as well as third-party podcasts from Megaphone publishers, all in one place. Today, the company is launching access to the Spotify Audience Network to creators […]
Alphabet’s Wing tests drone deliveries from shopping center rooftops in Australia
Mariella Moon Contributor Mariella Moon is an associate editor at Engadget. More posts by this contributor FCC proposes new rules to combat SIM swapping scams ‘Pokémon Unite’ has arrived on Android and iOS Alphabet subsidiary Wing has launched a pilot program that will have its drones fly products from the rooftops of shopping centers. In […]
EU cannot hide divisions over Balkans, summit chair Michel says
October 6, 2021 BRDO, Slovenia (Reuters) – There is still discussion among the European Union’s 27 leaders about whether the bloc can take in new members, the EU’s chairman said on Wednesday, even as the bloc pledged to one day give membership to Balkans countries. “In all frankness, there is discussion among the 27 about […]
Germany’s SPD to open coalition talks with “kingmaker” parties
October 6, 2021 By Paul Carrel and Kirsti Knolle BERLIN (Reuters) -The centre-left Social Democrats (SPD) moved a step closer on Wednesday to heading Germany’s next government, signing up the Greens and business-friendly Free Democrats (FDP) for coalition talks following an inconclusive national election. The Sept. 26 federal ballot, in which no party won an […]
ServiceNow announces partnership with Germany’s Celonis
October 6, 2021 BERLIN (Reuters) – U.S. technology platform ServiceNow is entering into a strategic partnership with German software company Celonis to help customers identify workflow processes that can be automated, the two companies said on Wednesday. The partnership includes ServiceNow making an unspecified investment in Celonis and will combine ServiceNow’s workflow platform with the […]
Hacker leaks Twitch source code and creator payout data
A huge cache of source code repositories, creator payouts, and other internal data from Twitch has leaked online after an apparent hack. In a post on Tuesday (but which was widely circulated on Wednesday), the hacker claims to have taken the video game streaming giant’s source code, as well as proprietary SDKs, or software development […]
BMW invests in lithium technology startup Lilac Solutions
October 6, 2021 By Ernest Scheyder (Reuters) – BMW said on Wednesday it will invest in lithium technology startup Lilac Solutions Inc to support more-efficient ways to produce the electric vehicle battery metal. Privately-held Lilac is part of a growing number of technology developers seeking to extract lithium from saltwater brines faster, cheaper and with […]
EU should not set date for enlargement on Western Balkans, Merkel says
October 6, 2021 BRDO, Slovenia (Reuters) – German Chancellor Angela Merkel on Wednesday rejected calls to set a date for the accession of Western Balkans countries into the European Union. “I don’t really believe in setting dates, I believe in making good on our promises: Once the conditions are met the accession can take place,” […]
EU Commission to discuss common energy procurement for all members-Italy’s Draghi
October 6, 2021 ROME (Reuters) – The European Commission will soon present a plan to become the single buyer for energy for all the European Union member states, Italian Prime Minister Mario Draghi said on Wednesday. “The Commission will present a proposal to be discussed at the next European Council,” Draghi told reporters after a […]
Exclusive-EU antitrust regulators to charge Apple over its NFC chip tech -sources
October 6, 2021 BRUSSELS (Reuters) – EU antitrust regulators are set to charge Apple with anti-competitive practices related to its NFC chip technology, people familiar with the matter said, a move that could force the iPhone maker to open up its mobile payment system to rivals. The European Commission opened an investigation into Apple Pay, […]
Chinese labels flock to Paris to go global in high fashion
October 6, 2021 By Mimosa Spencer PARIS (Reuters) – Chinese fashion labels, including Shang Xia, Icicle and Fosun Fashion Group, are embracing Paris as a springboard for their international ambitions, opening flagship stores in the city and hiring French designers to burnish their credentials. Chinese shoppers are the biggest buyers of luxury goods worldwide, including […]
‘Winnie-the-Pooh’ bridge seen selling up to $80,000 at auction
October 6, 2021 LONDON (Reuters) – An old bridge which inspired “Winnie-the-Pooh” author A.A. Milne and was depicted in his much-loved children’s stories about the honey-loving bear is being sold at auction on Wednesday, with a price estimate of up to around $80,000. Originally known as Posingford Bridge, it was built in 1907 in Ashdown […]
New Zealand joins the great central bank exit
October 6, 2021 LONDON (Reuters) – New Zealand’s central bank hiked interest rates on Wednesday for the first time in seven years, becoming the second major developed economy to raise rates and one of several to dial back hefty stimulus unleashed in the wake of the coronavirus crisis. As an economic recovery takes hold and […]
Dow expects to add $3 billion to core earnings by 2030
October 6, 2021 (Reuters) – Dow said on Wednesday it expects to add $3 billion to its core earnings by 2030, and laid out plans to build a new net-zero carbon emissions ethylene and derivatives facility. The chemicals maker, once part of DowDupont, joins a growing list of companies that have announced plans to cut […]
IKEA to shift more production to Turkey to shorten supply chain
October 6, 2021 By Ceyda Caglayan ISTANBUL (Reuters) – Sweden’s flat-pack furniture giant IKEA is planning to move more production to Turkey to minimise problems with global supply chains and increased shipping costs, the company’s chief financial officer for Turkey said. Products it expects to make and then export from Turkey, including armchairs, bookcases, wardrobes […]
Sub-Saharan Africa GDP to grow 3.3% this year, 3.5% in 2022 -World Bank
October 6, 2021 By George Obulutsa NAIROBI (Reuters) – Sub-Saharan Africa’s economy is expected to grow by 3.3% this year and 3.5% in 2022, buoyed by rising commodity prices, the lifting of some anti-coronavirus restrictions and a pick-up in global trade, a World Bank report said on Wednesday. It said sub-Saharan growth would rise to […]
