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A month into reopening, no clear turn for US economy or pandemic

A month into efforts to broadly reopen the U.S. economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed more than 112,000 Americans.

Markets

Google to ban targeting housing ads based on gender, age

Alphabet Inc's Google said on Thursday it would stop allowing housing, employment and credit ads to be targeted to users based on their postal code, gender, age, parental status or marital status.

Markets

British Council seeks US$75m government bailout

LONDON: The British Council, which promotes UK cultural and language relations overseas, is seeking a multi-million-pound bailout to stave off insolvency because of the impact of COVID-19, the government said on Thursday (Jun 11). Junior foreign minister Nigel Adams told parliament the ...

Markets

Comcast, media mogul Byron Allen reach carriage deal

The settlement with Allen's Entertainment Studios Networks comes at a time when the recent death of African American George Floyd in police custody in Minneapolis has triggered protests in the United States against racism and police brutality.

Markets

Amazon may face EU antitrust charges over merchant data in coming weeks: source

Amazon may face EU antitrust charges in the coming weeks over its use of data from merchants with whom it competes on its platform, a person familiar with the matter said on Thursday, putting it at risk of a hefty fine.

Markets

Apple will increase spending with black-owned suppliers as part of US$100 million racial justice effort

Apple Inc Chief Executive Tim Cook said on Thursday the iPhone maker will increase spending with black-owned partners in its supply chain and seek to increase minority representation among the firms it does business with.

Markets

US Democratic candidate Biden calls on Facebook to change political speech rules

Democratic presidential candidate Joe Biden's campaign published an open letter to Facebook Chief Executive Mark Zuckerberg on Thursday, calling for the company to fact-check politicians' ads in the weeks ahead of the U.S. presidential election.

Markets

Microsoft declines to sell facial recognition tech to police – Washington Post

Microsoft Corp will not sell its facial-recognition technology to police departments until there is a federal law regulating the tech, the Washington Post reported on Thursday, citing the software maker's president, Brad Smith.

Markets

Nestle explores sale of Pure Life as part of water business review

Food giant Nestle said it is exploring a potential sale of part of its North American water business, including its well-known Pure Life brand, as it moves to focus on the better performing brands in its water division.

Markets

US Democratic candidate Biden calls for Facebook to fact-check politicians’ ads

Democratic presidential candidate Joe Biden's campaign published an open letter to Facebook Chief Executive Mark Zuckerberg on Thursday, calling for the company to fact-check politicians' ads in the weeks ahead of the U.S. presidential election.

Markets

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