Twitter on Tuesday for the first time prompted readers to check the facts in tweets sent by U.S. President Donald Trump, warning that his claims about mail-in ballots were false and had been debunked by fact checkers. The move marked a dramatic shift for the social network, Trump’s primary tool for getting an unfiltered version… Read More U.S. President Donald Trump threatens regulation of social media companies following tweet fact-check
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. The U.S. Commerce Department’s move marked the Trump administration’s latest efforts to crack down on companies… Read More U.S. adds dozens of Chinese companies to economic blacklist
Authorities in 23 countries across five continents have sought access to contact tracing technology from Apple Inc and Alphabet Inc’s Google, the companies announced on Wednesday as they released the initial version of their system. The Apple-Google technology enables governments fighting the novel coronavirus to publish mobile apps in the coming days that the companies… Read More Apple, Google launches contact tracing technology
Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around $400 million by news website Axios. The… Read More Facebook acquires GIF website Giphy, to integrate it with Instagram
The U.S. Department of Commerce on Friday announced that it was extending the Temporary General License that allows certain transactions with Huawei Technologies Co Ltd for another 90 days. The license allows certain transactions despite Huawei’s placement on a blacklist that restricts U.S. suppliers from doing business with the Chinese company.
Electric carmaker Tesla Inc has entered into an agreement for a working capital loan of up to 4 billion yuan (an equivalent of $565.51 million) with a lender from China for its Shanghai car plant, according to a regulatory filing on Friday. The loan, which will be provided by Industrial and Commercial Bank of China… Read More Tesla secures $565million loan for factory in Shanghai
At least 11 people were killed in India in a gas leak at a South Korean-owned factory making polystyrene products that made hundreds of people sick and led to the evacuation of villagers living nearby, officials said. The accident occurred some 14 km (9 miles) inland from the east coast city of Visakhapatnam, in Andhra… Read More Eleven dead, scores hospitalized following gas leak at polymer factory in India
Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates its ride-hailing business. The company said the layoffs included its customer support and recruiting teams, and expects to incur… Read More Uber set to cut 3700 jobs, waive CEO base salary