September 29, 2021 Injured Las Vegas Raiders defensive tackle Gerald McCoy tested positive for a banned substance, an admission he made Wednesday afternoon with a qualifier. McCoy, lost for the season in the season with a torn ACL, issued an apology via social media but described his positive test as an “honest mistake.” “I love […]
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Facebook to highlight positive Instagram impact on teens in Senate hearing -testimony
September 29, 2021 By David Shepardson (Reuters) – Facebook Inc plans to highlight internal research that shows teenage girls felt better after using its Instagram app during a Senate hearing to be held on Thursday, according to the company’s prepared testimony seen by Reuters. The social media giant has been under fire for the past […]
U.S. House panel approves three bills aimed at tackling high drug prices
September 29, 2021 By Diane Bartz WASHINGTON (Reuters) – The U.S. House Judiciary Committee voted on Wednesday to approve three bills to stop practices drugmakers use to raise prices and fend off competition, including a bill to ban the tactic of paying generic companies to delay bringing cheaper versions of their medicines to market. While […]
Ben Rubin explains why the Web3 era of social media will help everybody get paid
After a decade of a handful of dominant social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing — in a few different directions at once. Content creators (arguably either a special echelon of influencers or anyone who […]
U.S., EU agree to work on chip supplies, tech rules, China trade
September 29, 2021 By David Lawder and Nandita Bose PITTSBURGH/WASHINGTON (Reuters) – The United States and European Union agreed on Wednesday to deepen transatlantic cooperation to strengthen semiconductor supply chains, curb China’s non-market trade practices and take a more unified approach to regulating big, global technology firms. Launching a new forum, the U.S.-EU Trade and […]
Britney Spears case back in court with dad’s role on the line
September 29, 2021 By Jill Serjeant and Lisa Richwine LOS ANGELES (Reuters) – The Britney Spears case returns to court on Wednesday after a summer of surprise turns, shocking allegations, an engagement and mounting expectations that the 13-year-old legal arrangement that controls the singer’s life will soon end. After years of glacial progress, the past […]
Democrats weigh first nationwide fee on plastic in U.S. budget negotiations
September 29, 2021 By Valerie Volcovici and Jarrett Renshaw WASHINGTON (Reuters) – U.S. congressional Democrats are considering including the first federal fee to tackle plastic pollution in the multitrillion-dollar reconciliation bill, a proposal that is drawing opposition from the plastics and petrochemical industry. Senator Sheldon Whitehouse and Representative Tom Suozzi are in talks with other […]
N.Korea’s Kim expresses willingness to restore inter-Korean hotline -KCNA
September 29, 2021 SEOUL (Reuters) – North Korean leader Kim Jong Un expressed a willingness to restore severed inter-Korean hotlines starting October, state news agency KCNA reported on Thursday. (Reporting by Sangmi Cha; Editing by Leslie Adler) Source Link N.Korea’s Kim expresses willingness to restore inter-Korean hotline -KCNA David Barret
Daily Crunch: Andela reaches $1.5B valuation after SoftBank leads $200M Series E
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for September 29, 2021. Welcome to what feels like fall on the East Coast of the United States. Yes, the seasons are changing, but the technology […]
Virgin Galactic is clear to fly again following FAA’s ‘mishap investigation’ of Branson flight
The Federal Aviation Administration has closed its ‘mishap investigation’ into the July 11 flight of Virgin Galactic founder Richard Branson and three others, the space tourism company’s first dedicated passenger trip. Future flights will reserve a greater volume of airspace and the company promises better communication, but other than that the company is clear to […]
Energy costs push Spain’s inflation to 13-year-high
September 29, 2021 By Aida Pelaez-Fernandez and Inti Landauro MADRID (Reuters) -Spain’s inflation surged to a 13-year-high in September as consumer prices rose a higher than expected 4% year-on-year, official data showed on Wednesday, adding pressure on the European Central Bank to potentially tighten its policy. The highest reading since September 2008, when the rate […]
Explainer-Global energy shortage or a coincidence of regional crises?
September 29, 2021 (Reuters) – Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal. You would be forgiven if these events made you believe the world had suddenly been stricken by a […]
U.S. SEC charges ex-Goldman compliance analyst with insider trading
September 29, 2021 By Jonathan Stempel NEW YORK (Reuters) – A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. The U.S. Securities and Exchange Commission said Jose Luis Casero Sanchez, 35, of Spain, […]
United Airlines ready to fire workers for defying vaccine mandate
September 29, 2021 By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines said on Tuesday nearly 600 U.S.-based employees faced termination after failing to comply with the carrier’s vaccination policy. In early August, the company became the first U.S. carrier to require COVID-19 vaccinations for all domestic employees, requiring proof of vaccination by Monday. The carrier […]
HSBC, Temasek launch debt financing platform for sustainable infrastructure
September 29, 2021 SINGAPORE (Reuters) – HSBC Holdings and Singapore state investor Temasek are teaming up to set up a debt financing platform for sustainable infrastructure projects, with an initial focus on Southeast Asia. The two companies said in a joint statement on Thursday they would invest a combined amount of up to $150 million […]
FAA closes probe into July 11 Virgin Galactic launch
September 29, 2021 WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) on Wedneday said it closed its mishap investigation into the July 11 Virgin Galactic Unity 22 launch, which deviated from assigned airspace on descent. The FAA said it has required Virgin Galactic to implement changes on how it communicates to the FAA during […]
Extreme poverty in Venezuela rises to 76.6% – study
September 29, 2021 CARACAS (Reuters) – Around three-fourths of Venezuelans now live in extreme poverty as the once-prosperous OPEC nation’s hyperinflationary economic collapse continued for a seventh straight year, according to a study published on Wednesday. The 2020-2021 National Survey of Living Conditions (ENCOVI), conducted by researchers at Andres Bello Catholic University (UCAB), found that […]
Ecuador raises prison riot death toll to 30, still recovering bodies
September 29, 2021 QUITO (Reuters) – The director of Ecuador’s penitentiary system said on Wednesday that the death toll from a prison riot had risen to at least 30 and that authorities were still working to recover 10 bodies. The South American nation on Tuesday night reported clashes at the Penitenciaria del Litoral in Guayas […]
EU, Britain urge Russia to commit to net zero CO2 emissions
September 29, 2021 BRUSSELS (Reuters) – The European Union, Britain and Italy have urged Russia to commit to reach net zero carbon dioxide emissions by 2050 and step up its plans to tackle climate change ahead of the COP26 summit. Russia, one of the biggest polluters that has not set a “net zero” emissions target, […]
NBA-Unvaccinated players to face extensive COVID-19 curbs – memo
September 29, 2021 By Amy Tennery (Reuters) -NBA players who are not vaccinated against COVID-19 will have to comply with a long list of restrictions to take part in the upcoming season, according to a memo obtained by Reuters. The National Basketball Association’s tentative protocols released to teams on Tuesday showed vaccinated players will only […]