REUTERS: In the span of a few hours on Friday (Jul 10), Amazon.com Inc banned and then unbanned the TikTok video sharing app from employee mobile devices, calling the move a mistake. The news generated widespread attention for the Chinese-owned social media platform coming the same week US Secretary of […]
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GENEVA: The United States welcomes the World Health Organization’s W(HO) probe into the origins of the novel coronavirus in China, its ambassador to the United Nations in Geneva said Friday (Jul 10). “We welcome the WHO’s investigation. We view the scientific investigation as a necessary step to having a complete […]
COVID-19 guidance may make British pubs more welcoming, but many still hesitate dropping by for a drink, says the Financial Times’ Henry Mance. LONDON: Why does America always go wrong under teetotal presidents? Before Donald Trump, there was George W Bush. Before him, there was Jimmy Carter. And before Mr […]
REUTERS: Facebook Inc is considering imposing a ban on political ads on its social network in the days leading up to the Nov. 3 elections in the United States, Bloomberg News reported on Friday, citing people familiar with the company’s thinking. The potential ban is only being discussed and has […]
LONDON: The British government is expected to set a deadline of 2025 for removing equipment made by China’s Huawei from the country’s 5G telecoms networks, the Telegraph newspaper said on Friday. The Telegraph reported that British culture minister Oliver Dowden will make a statement in Parliament on Tuesday about Huawei, […]
Indian and US lawmakers may be influenced by factors beyond national security in cracking down on TikTok, say observers. SINGAPORE: On Jun 29, the Indian government banned TikTok, WeChat, and 57 other Chinese mobile apps citing national security and privacy concerns, and to ensure the “safety and sovereignty of Indian […]
WASHINGTON: Six US states suffered record spikes in new COVID-19 cases on Friday (Jul 10) and Florida, an epicentre of the pandemic, saw infections rise sharply for the second day in a row as the Walt Disney Co. stuck to its plans to reopen its flagship theme park in Orlando. […]
NEW YORK: Bank lenders for high-quality US companies are taking different refinancing avenues as they seek to extend maturities on billions of US dollars in loans at a time when the COVID-19 pandemic has made liquidity a top priority. Corporations that historically kept their credit agreements intact while extending maturities […]
NEW DELHI/TAIPEI: Foxconn plans to invest up to US$1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple […]
HONG KONG: Hong Kong police on Friday (Jul 10) seized computers at the office of a prominent opinion pollster that was helping the city’s opposition to conduct a primary election planned for the weekend. The move came days after China imposed a sweeping new national security law on the financial […]