Apple has delayed plans to roll out its child sexual abuse (CSAM) detection technology that it chaotically announced last month, citing feedback from customers and policy groups. That feedback, if you recall, has been largely negative. The Electronic Frontier Foundation said this week it had amassed more than 25,000 signatures from consumers. On top of […]
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Barbershop technology startup theCut sharpens its platform with new $4.5M round
TheCut, a technology platform designed to handle back-end operations for barbers, raised $4.5 million in new funding. Nextgen Venture Partners led the round and was joined by Elevate Ventures, Singh Capital and Leadout Capital. The latest funding gives theCut $5.35 million in total funding since the company was founded in 2016, founder Obi Omile Jr. […]
The Loot project flips the script on NFTs
Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the lens of NFTs: LOOT – randomized adventurer gear– no images or stats. […]
Exclusive-FedEx faces labor union challenge over billionaire CEO’s pay
September 3, 2021 By Jessica DiNapoli (Reuters) – FedEx Corp shareholders should reject founder and CEO Fred Smith’s $54 million pay package because the logistics company gave him stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later, the Teamsters labor union said on Friday. Smith, […]
As U.S. unemployment benefits end, firms hope for a wave of applicants
September 3, 2021 By Ben Klayman and Timothy Aeppel (Reuters) – Joe Perkins, head of Michigan-based auto supplier Mobex Global, marked Labor Day weekend this year as more than a holiday or a symbolic nod to U.S. workers. It now carries real-world significance as the lapse of federal unemployment benefits on Sept. 4 brings hope […]
Soccer-Pjanic joins Besiktas on loan as Barcelona exits continue
September 3, 2021 BARCELONA (Reuters) – Miralem Pjanic has joined Besiktas on loan from Barcelona until the end of the season, the Turkish side confirmed on Friday as the Bosnian midfielder became the latest player to leave the Catalan club. Besiktas announced that they will pay 2.7 million euros ($3.2 million) in order to secure […]
Chevron braces for activist challenge; meets Engine No.1 representatives- WSJ
September 3, 2021 (Reuters) – Chevron Corp is preparing to defend itself against a potential challenge from activist investors and met with representatives of the pro-environment fund at the center of similar events at Exxon earlier this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Chevron shared some of […]
Customer experience startup Clootrack raises $4M, helps brands see through their customers’ eyes
Getting inside the mind of customers is a challenge as behaviors and demands shift, but Clootrack believes it has cracked the code in helping brands figure out how to do that. It announced $4 million in Series A funding, led by Inventus Capital India, and included existing investors Unicorn India Ventures, IAN Fund and Salamander […]
Canadian dollar forecasts turn less bullish as economy stumbles
September 3, 2021 By Fergal Smith TORONTO (Reuters) – There is less upside for Canada’s dollar over the coming year, according to analysts who are weighing the effect of a surprise contraction in the economy and signs of a cooler housing market on the Bank of Canada’s policy outlook, a Reuters poll showed. With about […]
Global equity funds see biggest inflow in 10 weeks -Lipper
September 3, 2021 (Reuters) – Global equity funds received large inflows in the week through Sept. 1 as dovish remarks from the Federal Reserve bolstered optimism in an economic rebound and eased fears of a sudden tapering in monetary stimulus. According to Lipper data, investors bought $19.19 billion in global equity funds in the week […]
Beijing city looks to take Didi under state control, Bloomberg News reports
September 3, 2021 (Reuters) -Beijing city is considering taking Didi Global under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its largest corporations, and particularly the data it holds, Friday’s […]
Analysis-Afghan Taliban victory brings new challenge: governing a country in crisis
September 3, 2021 By Gibran Naiyyar Peshimam (Reuters) – After a lightning military triumph and the departure of the last U.S. flight on Monday, the Taliban faces the challenge of forming a government that can unite different factions and rebuild Afghanistan after 40 years of war. The movement is expected to announce the makeup of […]
Brazil FX helped by solid trade surplus as domestic tensions intensify
September 3, 2021 By Gabriel Burin and Tushar Goenka BUENOS AIRES/BENGALURU (Reuters) – Brazil’s real will continue to get some aid this year from solid trade surpluses and further interest rate hikes that should help avoid bigger losses for the currency as domestic tensions intensify, a Reuters poll showed. The real has been rangebound, trading […]
Danske Bank uncovers incorrect tax payments, issues affecting up to 6,000 customers
September 3, 2021 COPENHAGEN (Reuters) – Danske Bank said on Friday it had identified a new issue within its tax services, which could have led up to 6,000 customers to suffer losses from incorrect pay-outs and tax benefits of almost $8 million. “Our current early estimates indicate that up to 6,000 customers may be affected […]
Hunted by the men they jailed, Afghanistan’s women judges seek escape
September 3, 2021 By Stephanie van den Berg THE HAGUE (Reuters) – Afghanistan’s 250 women judges fear for their lives, with men they once jailed now freed by the victorious Taliban to hunt them down. While some women judges were able to flee in recent weeks, most were left behind and are still trying to […]
The day the music died: Afghanistan’s all-female orchestra falls silent
September 3, 2021 By Parniyan Zemaryalai and John Geddie (Reuters) -Negin Khpalwak was sitting at her home in Kabul when she got word that the Taliban had reached the outskirts of the capital. The 24-year old conductor, once the face of Afghanistan’s renowned all-female orchestra, immediately began to panic. The last time the Islamist militants […]
Singapore to hold off on further reopening measures – minister
September 3, 2021 SINGAPORE (Reuters) – Singapore will hold off on further steps to reopen the country while it monitors an increase in daily coronavirus cases, but sees no need to consider re-imposing heightened restrictions, a senior official said on Friday. Singapore had sufficient vaccine coverage to protect its citizens and the country was becoming […]
NATO calls on Russia to be transparent with military exercises
September 3, 2021 By Robin Emmott BRUSSELS (Reuters) – NATO’s secretary general called on Russia on Friday to be open about its “Zapad-2021” military exercises and the troop numbers involved as alarm grows in Poland, the Baltics and Ukraine about Moscow’s intentions. Previous “Zapad”, or West, exercises along the border that Russia shares with NATO […]
Putin says we need to discuss ‘legalising’ political force in Afghanistan
September 3, 2021 VLADIVOSTOK, Russia (Reuters) – President Vladimir Putin said on Friday that there would be no political force to talk to directly if Afghanistan breaks up as a country and called for joint efforts to decide about “legalising” a political force there. Putin made the comment at a forum in Vladivostok where he […]
Britain says it wants to engage with the Taliban
September 3, 2021 By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Britain will not recognise the Taliban as the new government in Kabul, but must deal with new realities in Afghanistan and does not want to see its social and economic fabric broken, Foreign Secretary Dominic Raab said on Friday. Speaking during a visit […]