REUTERS: Netflix Inc on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings. The promotion came as Netflix forecast its subscriber growth during the coronavirus pandemic would slow even more than Wall Street […]
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REUTERS: Twitter had stepped up its search for a chief information security officer in recent weeks, two people familiar with the effort told Reuters, before the breach of high-profile accounts on Wednesday raised alarms about the platform’s security. The FBI’s San Francisco division is leading an inquiry into the Twitter […]
The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted wrongdoing to prosecutors for his role in a multi-billion-euros fraud, his lawyer said on Thursday. MUNICH: The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted […]
Travel company TUI will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday. FRANKFURT: Travel company TUI will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday. The head of TUI in Germany, Marek Andryszak, told the newspapers […]
NEW YORK: New York Governor Andrew Cuomo on Thursday (Jul 16) announced an investment program that would allocate US$750 million to build charging stations and other electric-vehicle infrastructure as part of the state’s long-term goal to reduce emissions. The measure is set to create more than 50,000 charging stations and […]
White House economic adviser Larry Kudlow told reporters such a move would be a better option than a ban on the app, which was threatened by State Department Secretary Mike Pompeo against the company earlier this month. White House economic adviser Larry Kudlow told reporters such a move would be […]
AMMAN: Jordan said on Thursday (Jul 16) it will partially resume commercial flights from August to a limited number of European and Asian countries on an internationally approved safe list. Government spokesman Amjad Adailah told state-owned Al Mamlaka TV that regular commercial flights from Alia international airport, suspended since March, […]
LONDON: British Business Secretary Alok Sharma said that it was going to be difficult for lots of people when asked about future potential job losses in the country. “I completely accept that it is going to be very, very difficult for lots of people,” he told BBC Radio on Thursday […]
WASHINGTON: Despite some signs of recovery, the global economy faces continued challenges, including the possibility of a second wave of COVID-19, and governments should keep their support programs in place, the International Monetary Fund (IMF) chief Kristalina Georgieva said on Thursday (Jul 16). Activity “has started to gradually strengthen … […]
Tesla Inc’s vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data. REUTERS: Tesla Inc’s vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to […]