International Business

Meta Plans More Paid Features With New Group On Instagram, Facebook

Meta Plans More Paid Features With New Group On Instagram, Facebook

Reuters | Thursday September 01, 2022

Meta Platforms Inc is setting up a new group that will focus on creating products and features for its Facebook, Instagram and WhatsApp platforms that people will be able to purchase, a company spokesperson said on Wednesday.

Thailand Looks To Indian Weddings To Boost Tourism Revenue

Thailand Looks To Indian Weddings To Boost Tourism Revenue

Reuters | Wednesday August 31, 2022, BANGKOK

Thailand hopes to boost its tourism revenue to between 600 billion-700 billion baht ($16 billion-$19 billion) by year-end, by targeting high-spending groups like Indian wedding parties and honeymooners, a senior tourism official said.

Elon Musk Looks To Delay Twitter Trial Following Whistleblower Claims

Elon Musk Looks To Delay Twitter Trial Following Whistleblower Claims

Reuters | Wednesday August 31, 2022

Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

Australia Demands Apple, Meta, Microsoft Share Anti-Abuse Measures, Threatens Fines

Australia Demands Apple, Meta, Microsoft Share Anti-Abuse Measures, Threatens Fines

Reuters | Tuesday August 30, 2022

An Australian regulator sent legal letters to Facebook owner Meta Platforms, Apple Inc and Microsoft Corp demanding they share their strategies for stamping out child abuse material on their platforms or face fines.

Elon Musk Says Focused On Wide Release Of Self-Driving Teslas By Year-End

Elon Musk Says Focused On Wide Release Of Self-Driving Teslas By Year-End

Reuters | Monday August 29, 2022

Tesla chief Elon Musk said on Monday he aimed to get the electric auto maker's self-driving technology ready by year-end.

Cognizant Describes Report On High Attrition As 'Speculative At Best'

Cognizant Describes Report On High Attrition As 'Speculative At Best'

Edited by Rahul Karunakar | Monday August 29, 2022

Cognizant in reaction to media reports on high annual attrition rate said the company was following its plan for promoting rapid growth, upholding dominant positions in important economic spheres, and increasing its global headcount to the largest ever.

Why Indian EV (Electric Vehicles) Battery Stocks Are Set For A Massive Rally

Why Indian EV (Electric Vehicles) Battery Stocks Are Set For A Massive Rally

Equitymaster | Monday August 29, 2022

For the first time in the history of the automobile industry, EV batteries are finding mass adoption and the industry is set for a massive re-rating.

Meta's Facebook Agrees To Settle 4-Year Old Data Privacy Lawsuit

Meta's Facebook Agrees To Settle 4-Year Old Data Privacy Lawsuit

Reuters | Saturday August 27, 2022

Meta Platforms Inc's Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties including Cambridge Analytica access the private data of users, a court filing showed.

Elon Musk's SpaceX, T-Mobile Plan To Connect Mobile Phones To Satellites

Elon Musk's SpaceX, T-Mobile Plan To Connect Mobile Phones To Satellites

Reuters | Friday August 26, 2022

US wireless carrier T-Mobile US Inc will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in parts of the United States

Elon Musk's 'Absurdly Broad' Twitter Data Requests Mostly Rejected By Judge

Elon Musk's 'Absurdly Broad' Twitter Data Requests Mostly Rejected By Judge

Reuters | Friday August 26, 2022

Elon Musk's demands for Twitter Inc user details were rejected as "absurdly broad" by a judge on Thursday, although the billionaire will get some data as he pursues his bid to end his $44 billion acquisition of the company.

First Smartphone Made In Ivory Coast Caters To Local Users

First Smartphone Made In Ivory Coast Caters To Local Users

Reuters | Wednesday August 24, 2022, Abidjan

An entrepreneur in Ivory Coast has created the country's first locally-made smartphone, which aims to improve accessibility with voice commands in local languages for users who can't read and write.

Twitter Whistleblower Could Help Musk By Adding 'Volatility' To Legal Battle

Twitter Whistleblower Could Help Musk By Adding 'Volatility' To Legal Battle

Reuters | Wednesday August 24, 2022

A whistleblower's complaint that Twitter Inc misled federal regulators about the company's security risks could provide Elon Musk with fresh ammunition in his bid to get out of buying the company for $44 billion.

How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points

How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points

Wednesday August 24, 2022

Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.

US Unveils Bill To Help News Media Firms Negotiate With Google, Facebook

US Unveils Bill To Help News Media Firms Negotiate With Google, Facebook

Reuters | Tuesday August 23, 2022

A bipartisan group of USlawmakers on Monday released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook.

Former Apple Car Engineer Pleads Guilty To Trade Secret Theft

Former Apple Car Engineer Pleads Guilty To Trade Secret Theft

Reuters | Tuesday August 23, 2022

A former Apple Inc engineer on Monday pleaded guilty to trade secret theft - one of two people accused of stealing trade secrets from the iPhone maker's nascent self-driving car program.