A judge this morning issued a ruling in California’s Epic v. Apple case, siding with the Fortnite maker on the topic of third-party payments. Effectively, the judge has ruled that Apple cannot prohibit developers from adding links for alternative payments beyond Apple’s App Store-based monetization. The mobile giant’s control over fees on iOS has long […]
News
Fed’s Mester says she would still like to begin taper this year
September 10, 2021 (Reuters) – Cleveland Federal Reserve Bank President Loretta Mester said on Friday that she would still like the central bank to begin tapering asset purchases this year, joining the chorus of policymakers making it clear that their plans to begin scaling back support were not derailed by weaker jobs growth in August. […]
Tiny chips cast big shadow over Munich car show
September 10, 2021 By Nick Carey MUNICH (Reuters) – As carmakers gathered in Munich on Monday to launch almost exclusively zero- or low-emission vehicles, an ongoing semiconductor shortage cast a long shadow over the first major car show since before the pandemic began. Forced to shut down plants last year, carmakers now face increasing competition […]
Spain sets out plan to tackle rising hate crimes
September 10, 2021 MADRID (Reuters) – Spain will create specialised groups within the Interior Ministry and the police force to prevent hate crimes and support victims, the government said on Friday, amid mounting public pressure to curb an increase in such attacks. Prime Minister Pedro Sanchez chaired an urgent meeting of ministers, community leaders and […]
Taliban have their work cut out to win hearts and minds in Kabul
September 10, 2021 (Reuters) – After 20 years of fighting, the Taliban have tried to present a conciliatory face to the world. Afghanistan’s new rulers have a problem closer to home: winning the hearts and minds of their own people, starting in the capital. Since the group entered Kabul on Aug. 15, armed members have […]
Russia and Belarus launch ‘hot phase’ of huge war games
September 10, 2021 MOSCOW (Reuters) -Russia and ex-Soviet ally Belarus on Friday launched the active “hot phase” of a three-month-long military exercise involving 200,000 troops, which has alarmed Ukraine and some NATO nations. The live fire drills are the culmination of the “Zapad-2021” war games, and will run until next Thursday on Russia’s and Belarus’s […]
Nigeria’s Katsina state shuts some communications as bandit battle widens
September 10, 2021 BAUCHI, Nigeria (Reuters) – Nigerian officials cut communication lines in multiple parts of Katsina state as a crackdown on banditry in the northwest of the country spreads. Katsina state security adviser Ibrahim Ahmed told Reuters by phone that the government directed a communications blackout in 13 local government areas to hinder criminality […]
Iceland’s Crowberry Capital launches $90M Seed and Early-stage fund aimed at Nordics
Crowberry Capital, operating in Reykjavik and Copenhagen, has launched Crowberry II: a $90 million seed and early-stage fund aimed at startups in the Nordic region. A second close – bringing in an additional $40 million – is planned for July 2022. The EIF (European Investment Fund) is the lead LP on the fund, after putting […]
WhatsApp will finally let users encrypt their chat backups in the cloud
WhatsApp said on Friday it will give its two billion users the option to encrypt their chat backups to the cloud, taking a significant step to put a lid on one of the tricky ways private communication between individuals on the app can be compromised. The Facebook-owned service has end-to-end encrypted chats between users for […]
Russia summons U.S. ambassador over 9/11 press accreditations – Ifax
September 10, 2021 MOSCOW (Reuters) – Russia’s foreign ministry summoned the U.S. ambassador, John Sullivan, on Friday over an issue with accreditations for Russian journalists working in the United States, Interfax news agency reported on Friday. Some reporters from Russia were denied accreditations to attend 9/11 memorial events in New York, the agency said. (Reporting […]
American Airlines urges employee vaccinations amid Biden push
September 10, 2021 WASHINGTON (Reuters) – American Airlines urged employees to get vaccinated as it prepares for the impact of President Joe Biden’s efforts to boost vaccination rates. “Based on what we see so far, it appears we will be impacted by these federally mandated efforts to increase vaccination rates,” the carrier told employees in […]
Have ‘The Privacy Talk’ with your business partners
Marc Ellenbogen Contributor Share on Twitter As General Counsel of Foursquare, Marc Ellenbogen is responsible for guidance regarding litigation risks, corporate initiatives, risk management, equity, employment, regulatory and all other legal and compliance matters. As a parent of teenagers, I’m used to having tough, sometimes even awkward, conversations about topics that are complex but important. […]
Soccer-Spurs’ Nuno seeks clarity on international call-ups before next break
September 10, 2021 LONDON (Reuters) – Tottenham Hotspur manager Nuno Espirito Santo has urged soccer’s governing bodies to come up with a solution for players travelling on international duty to other countries to avoid a repeat of the crisis that has engulfed the Premier League. Many clubs refused to release players to ‘red list’ countries […]
Soccer-Guardiola in the dark over availability of Brazilian players
September 10, 2021 (Reuters) – Manchester City are still waiting for a decision from governing body FIFA and the Premier League on whether they can play Brazil internationals Ederson and Gabriel Jesus in Saturday’s game against Leicester City, manager Pep Guardiola said. City are among the English clubs who did not release Brazilian players for […]
U.S. wholesale inventories rise; inventories-to-sales ratio lowest in seven years
September 10, 2021 WASHINGTON (Reuters) – U.S. wholesale inventory accumulation slowed in July, lagging further behind sales, and it is now taking wholesalers the shortest time in seven years to clear shelves. The Commerce Department said on Friday that wholesale inventories rose 0.6% as estimated last month. Stocks at wholesalers increased 1.2% in June. Wholesale […]
China’s factory inflation hits 13-year high as materials costs soar
September 10, 2021 (Corrects currency conversion in paragraph 14) BEIJING (Reuters) – China’s factory gate inflation hit a 13-year high in August driven by roaring raw materials prices despite Beijing’s attempts to cool them, putting more pressure on manufacturers in the world’s second-largest economy. The producer price index (PPI) rose 9.5% from a year earlier […]
‘Like a fairy-tale’ – Ukrainian filmmaker’s journey from Russian jail to Venice festival
September 10, 2021 By Margaryta Chornokondratenko KYIV (Reuters) – Two years after his release from a Russian jail, Ukrainian filmmaker Oleg Sentsov will premiere his movie “Rhino” at the Venice Film Festival on Friday, a journey he said was “like a fairy tale”. “I never thought that I would be released so soon and […]
Lebanon agrees new government to tackle economic collapse
September 10, 2021 By Maha El Dahan and Laila Bassam BEIRUT (Reuters) -Lebanese leaders agreed a new government led by Sunni Muslim tycoon Najib Mikati https://ift.tt/3yYETTd on Friday after a year of feuding over cabinet seats that has exacerbated a devastating economic collapse, opening the way to a resumption of talks with the IMF. The […]
Regional envoys meet Guinean junta to urge return to civilian rule
September 10, 2021 By Saliou Samb CONAKRY (Reuters) -A delegation from West Africa’s main political and economic bloc on Friday met the junta that ousted Guinean president Alpha Conde, in the hope of steering the country back towards a civilian-led, constitutional regime. West Africa’s third putsch since April has intensified fears of a slide back […]
Microsoft acquires TakeLessons, an online and in-person tutoring platform, to ramp up its edtech play
Microsoft said in January this year that Teams, its online collaboration platform, was being used by over 100 million students — boosted in no small part by the Covid-19 pandemic and many schools going partly or fully remote. Now, it’s made another acquisition to continue expanding its position in the education market. The company has […]