China is increasing pressure on technology with draft online advertising rules

China is increasing pressure on technology with draft online advertising rules

SHANGHAI, NOVEMBER 26 (Reuters) – China’s market regulator on Friday proposed new rules that would increase the monitoring of online advertising, including stipulating that ads must not affect normal Internet use or mislead users. Authorities in China have tightened regulation across a number of industries this year with an emphasis on technology. Search giant Baidu … Read more

Chinese e-commerce platform Pinduoduo is falling after revenue loss

The Pinduoduo logo can be seen in this illustration photo taken on July 17, 2018. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to reuters.com Sign up BEIJING, Nov. 26 (Reuters) – US-listed shares of Pinduoduo Inc (PDD.O) fell as much as 18% in early trading on Friday after the … Read more

From cruise operators to airlines: ‘Reopening’ stocks fall due to various fears

November 26 (Reuters) – Companies benefiting from this year’s economic reopening, including AMC Entertainment, United Airlines and Carnival Corp, were hit on Friday by fears that a possibly vaccine-resistant coronavirus variant could ruin their recovery . The variant, discovered in South Africa, prompted more countries to tighten border controls and investors across the globe to … Read more

China asks Didi to delist from US due to security fears – Bloomberg News

SHANGHAI, Nov. 26 (Reuters) – Chinese regulators have asked top executives of ride-highiling giant Didi Global Inc (DIDI.N) to devise a plan to delist from US stock markets for fear of data security, Bloomberg News reported. China’s tech watchdog wants management to remove the company from the New York Stock Exchange due to concerns about … Read more

A former Apple employee inspires the state of Washington to take action to curb NDAs

The Apple Inc logo will be displayed outside the company’s 2016 Worldwide Developers Conference in San Francisco, California, USA on June 13, 2016. REUTERS / Stephen Lam Sign up now for FREE unlimited access to reuters.com Sign up SAN FRANCISCO, Nov. 24 (Reuters) – A former Apple Inc (AAPL.O) employee who had filed a whistleblower … Read more

Pinduoduo’s strategy sows further seeds of doubt

People are seen at their desks at the headquarters of the Chinese online group discount store Pinduoduo in Shanghai, China July 25, 2018. Photo taken July 25, 2018. REUTERS / Stringer Sign up now for FREE unlimited access to reuters.com Sign up HONG KONG, Nov 25 (Reuters Breakingviews) – Pinduoduo (PDD.O) stormed onto the stage … Read more

Wall Street ends higher; Nvidia increase offsets Nordstrom, Gap slide

Nordstrom, Gap falls on weak earnings The Core PCE index rises in October Real estate is a leader among the S&P 500 sectors Nov 24 (Reuters) – Wall Street ended higher on Wednesday, lifted by gains in Nvidia and other technology stocks, while Gap and Nordstrom shares fell after weak quarterly reports. Nordstrom fell 29% … Read more

“Not available at the moment”: Turks can not buy iPhones, other electronics after lira dive

ISTANBUL, November 24 (Reuters) – Turks trying to buy iPhones and other electronics received online error messages on Wednesday, including from Apple Inc’s (AAPL.O) local website, after a historic 15% drop in the lira the day before caused chaos for prices. The currency fell back to its lowest record on Wednesday, driven by concerns about … Read more

Apple is suing the NSO Group, saying U.S. citizens were targets

Nov 23 (Reuters) – Apple Inc (AAPL.O) said on Tuesday that it has filed a lawsuit against Israeli cyber company NSO Group and its parent company OSY Technologies for allegedly monitoring and targeting US Apple users with their Pegasus spyware. The iPhone maker said it is also seeking to ban the NSO Group from using … Read more

EXCLUSIVE Major Toshiba shareholder opposes breach, urges board of directors to solicit bids

The logo of Toshiba Corp. seen next to a traffic signal on top of a building in Tokyo, Japan November 9, 2021. REUTERS / Issei Kato Sign up now for FREE unlimited access to reuters.com Sign up TOKYO, Nov. 24 (Reuters) – Toshiba Corps (6502.T)’s second-largest shareholder protested Wednesday against the Japanese conglomerate’s plan to … Read more