The European Parliament’s lead and shadow rapporteur for a major reboot of the bloc’s digital rulebook have called for an investigation following the Facebook whistleblower leaks. One of the MEPs has also called for incoming EU rules to directly tackle business models that favor “disinformation and violence over factual content”. In a joint statement, the […]
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Ethiopian parliament confirms Abiy Ahmed as prime minister
October 4, 2021 By Dawit Endeshaw ADDIS ABABA (Reuters) – Ethiopia’s parliament confirmed incumbent Abiy Ahmed as prime minister for a five-year term on Monday, cementing his power domestically amid mounting international concern of his government’s handling of the conflict in northern Ethiopia. Abiy’s party won a landslide victory in June’s election. He was sworn […]
OSCE calls on Bosnia’s rival leaders to reform election law
October 4, 2021 SARAJEVO (Reuters) – Europe’s main security and rights watchdog urged Bosnia’s rival ethnic leaders on Monday to end political deadlock and carry out electoral reform designed to shore up the shaky post-war democracy. Bosnia is scheduled to hold presidential and parliamentary elections in October 2022 but needs to pass amendments to the […]
Lawpath gets $7.5M AUD to become the Asia Pacific’s LegalZoom
With its subscription-based legal services platform, Lawpath wants to become the Asia Pacific’s LegalZoom (in fact, LegalZoom is one of its investors). Based in Sydney, Australia, Lawpath serves small businesses with services like legal documents, customized legal workflows, e-signatures, business registration, and on-demand lawyers. The company announced today it has raised $7.5 million AUD (about […]
Urban Meyer issues apology in aftermath of viral video
October 4, 2021 Jacksonville Jaguars coach Urban Meyer issued an apology Monday in the aftermath of a viral video that showed the married 57-year-old in close quarters with a young woman in a bar over the weekend. The incident happened Saturday in Columbus, Ohio, where Meyer was the head coach at Ohio State from 2012-18. […]
Cricket-Bavuma confident of winning fitness battle for Twenty20 World Cup
October 4, 2021 CAPE TOWN (Reuters) – South Africa captain Temba Bavuma expects to be fit to lead the side at the Twenty20 World Cup in the United Arab Emirates as he continues to recover from a thumb injury. The top-order batsman admits he is not 100% fit, but believes he will be ready for […]
Soccer-Ranieri set to become new Watford manager – reports
October 4, 2021 (Reuters) – Former Chelsea and Leicester City boss Claudio Ranieri has arrived at Watford’s training ground after agreeing to become the Premier League club’s new manager, Sky Sports reported on Monday. Ranieri, who famously led Leicester to the league title in the 2015-16 season, is expected to sign a contract with Watford […]
Olympics-Ice hockey-Canada name Crosby, McDavid in initial Beijing squad list
October 4, 2021 (Reuters) – Two-times gold medallist Sidney Crosby, Connor McDavid and Alex Pietrangelo were named on Monday in the Canadian men’s ice hockey team’s initial squad for the 2022 Beijing Olympics. Participating countries were asked to declare three players and there were no surprises in Canada’s early selections given National Hockey League players […]
Soccer-Women’s leagues join UEFA opposition to biennial World Cup
October 4, 2021 (Reuters) – FIFA’s plans for a biennial World Cup would have a “profoundly detrimental” impact on the women’s game and fundamentally alter its development, Europe’s top women’s leagues and European governing body UEFA said on Monday. In a joint statement , the organisations criticised the consultation process FIFA employed while conducting a […]
Banks make slow progress on UK gender pay, while gap widens for insurers
October 4, 2021 By Carolyn Cohn and Iain Withers LONDON (Reuters) – Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis, though industry observers say they still have a long way to go. Several insurers went backwards. Companies in Britain with more than 250 […]
Stocks, dollar ease on growth, inflation concerns
October 4, 2021 By Herbert Lash NEW YORK (Reuters) – A gauge of global equity markets fell on Monday despite strong manufacturing data and the dollar eased, as investors worried about the potential for rising U.S.-China trade tensions and rising inflation as oil prices surged to multi-year highs. Oil jumped after Reuters reported the Organization […]
Equity Monday: Byju’s raises more money, somehow, as tech stocks fall
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Tech stocks drop as Q4 begins; software shares, Facebook plunge 5%
What’s the opposite of stonks? Shares of technology companies are sharply lower in the United States today, with the tech-heavy Nasdaq Composite falling 2.4% in early-afternoon trading. Inside of the larger tech industry, things are even worse. The WisdomTree Cloud Computing Fund, essentially a way to trade the Bessemer Cloud Index as an aggregate, is […]
Apple makes it easier to report bad apps and scams
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor GM’s US factories will switch to renewable energy five years ahead of schedule YouTube TV may drop 14 NBC Universal channels over a contract dispute Following reports that revealed that a significant percentage of top App Store apps were […]
Stories as a service: Storyteller lets anyone add Stories to their own apps or website
Pioneered by Snapchat and cloned by Instagram, the “Stories” feature has become a staple for modern-day mobile apps from Google search to Pinterest to streaming apps and more. And while the addition doesn’t work for everyone — LinkedIn and Twitter recently shuttered their Stories features, for example — there’s enough demand for Stories out there […]
Facebook, Instagram down for thousands of users – Downdetector.com
October 4, 2021 (Reuters) – Facebook Inc’s app and its photo-sharing platform Instagram were down for thousands of users, according to outage tracking website Downdetector.com. The portal showed there were more than 20,000 incidents of people reporting issues with Facebook and Instagram. Meanwhile, the social-media giant’s instant messaging platform WhatsApp was also down for over […]
Tech sell-off drags European stocks lower
October 4, 2021 By Sruthi Shankar and Susan Mathew (Reuters) -European stocks struggled on Monday after their worst weekly showing since February, hit by a growing number of risks including signs of inflation, elevated bond yields and developer China Evergrande’s financial troubles. The pan-European STOXX 600 index fell for a third straight session, down 0.5%, […]
Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal
October 4, 2021 By Tom Hals WILMINGTON, Del. (Reuters) – A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla Inc for the benefits he received by pushing the electric vehicle maker in 2016 to buy an ailing solar company he partly owned, according to Tesla investors in a court filing late […]
WTO hikes trade forecasts but cautions on pandemic risk
October 4, 2021 GENEVA (Reuters) -The World Trade Organization revised upwards its forecasts for growth of global goods trade this year and in 2022, but warned of a two-track recovery leaving poor countries behind and downside risks from the COVID-19 pandemic and supply chain problems. The WTO said on Monday it expected merchandise trade would […]
Binance trading volumes soar despite regulatory crackdown
October 4, 2021 By Tom Wilson LONDON (Reuters) – Trading volumes at major cryptocurrency exchange Binance soared between July and September, suggesting a recent crackdown by regulators across the globe has had little impact on the platform’s business. Worried about consumer protection as well as the standard of anti-money laundering checks at crypto exchanges, regulators […]