BRUSSELS—The European Commission on Tuesday granted Microsoft unconditional antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications. The deal is Microsoft’s second biggest after its $26.2 billion LinkedIn purchase in 2016, and would boost its presence in cloud services for healthcare. It has already regulatory approval in the…
Wall Street Set to Rebound After Sharp Selloff as Nike, Micron Lead Gains
Wall Street’s main indexes were set to rise on Tuesday, following a steep selloff in the previous session, as strong quarterly earnings from Nike and a positive forecast from chipmaker Micron helped lift sentiment. A rapidly spreading Omicron variant of the coronavirus has rattled stock markets around the world, triggering major routs in the final…
Refugee Activist Appeals Dutton’s $35,000 Defamation Case Victory
Refugee activist Shane Bazzi will be appealing a court ruling that found he defamed then-Home Affairs Minister Peter Dutton when he wrote the words: “Peter Dutton is a rape apologist” on Twitter. The defamation victory for Dutton—current defence minister—saw Bazzi ordered to pay AU$35,000 and some legal costs. The case centred on comments by Dutton…
US Recommends Approving Google, Meta Undersea Data Cable to Asia
WASHINGTON—The Biden administration on Friday recommended Alphabet’s Google and Facebook parent Meta get permission to use an undersea cable system to handle growing internet traffic with Asia. The administration urged the Federal Communications Commission (FCC) to grant licenses for the companies to send and receive data on the existing 8,000-mile Pacific Light Cable Network. The…
Wall Street Falls as Omicron’s Spread Stokes Fears of Tighter Curbs
U.S. stock indexes fell more than 1 percent on Monday, dragged by concerns about the impact of tighter COVID-19 curbs on the global economy, and a potentially devastating setback to President Joe Biden’s investment bill. Surging global infections of the Omicron coronavirus variant have sparked worries in financial markets as many European nations and Britain…
YouTube TV Reaches Deal to Restore Access to Disney Channels
Alphabet Inc.’s YouTube began restoring access to Walt Disney Co. channels on its platform on Sunday, after the companies reached a distribution agreement to end a two-day blackout. YouTube wrote on Twitter that “we’ve reached a deal with Disney and have already started to restore access to channels like ESPN and FX.” Neither company disclosed…
CNN Shuts Down Offices as COVID-19 Cases Rise: Memo
December 19, 2021
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AMERICABrian SelterBusiness & EconomyBusinesses in COVID-19CCP VirusCNNCOVID-19Media & Big TechUSUS News
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CNN closed its offices over the weekend as COVID-19 cases have recently increased in the United States, according to the cable station in a Saturday announcement. Only employees who must work onsite will be allowed in its U.S. offices and have to remain masked regardless of vaccination status, said CNN President Jeff Zucker in a memo…
Apple Delays Office Return Indefinitely
Apple Inc. has once again delayed its return to in-person work, this time pushing back from a previous office-return date of Feb. 1 to “a date yet to be confirmed,” as attested to by an internal company memo from CEO Tim Cook. This delay occurs just weeks after November’s announcement of the Feb. 1 date,…
India Spooks Amazon by Suspending 2019 Future Group Deal, Cites Suppression of Information
NEW DELHI—India’s antitrust agency suspended Amazon.com’s 2019 deal with Future Group on Friday, potentially denting the U.S. e-commerce giant’s attempts to block the sale of Future’s retail assets to an Indian market leader. The regulator ruled that the U.S. company had suppressed information while seeking regulatory approval on an investment into Indian retailer Future Group…
NBC Asked to Drop Beijing Olympics Broadcast, Spotlight CCP’s Rights Abuses
December 17, 2021
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Beijing 2022 OlympicsBeijing OlympicsBeijing Winter OlympicsBusiness & EconomyChinaChina Human RightsMedia & Big TechNBCNBCuniversalSportsUSUS NewsUS-China relations
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NBCUniversal should drop its broadcast of the Beijing Winter Olympics that is just two months away and instead turn the limelight toward the regime’s human rights abuses in Xinjiang and Hong Kong, U.S. lawmakers told the broadcaster. “The nearly one billion dollars that NBCUniversal and its affiliates have invested in these Games means the organization…
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