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Wednesday, 8 July 2020

'Weaponized' Facebook fails to protect civil rights, audit says

Reuters.com Newsletter

'Weaponized' Facebook fails to protect civil rights, audit says

Facebook Inc has not done enough to protect users from discrimination, falsehoods and incitement to violence, an external civil rights audit found on Wednesday, adding to pressure on the company in the midst of an advertiser boycott.

Ruling in EU Apple tax case due next Wednesday: Ireland

The European Union's second highest court will next week rule in an appeal by Apple and Ireland against an EU ruling for the U.S. company to pay 13 billion euros ($16 billion) in back taxes, the Irish government said on Wednesday.

Huawei says U.S. sanctions have no immediate impact on UK 5G supplies

U.S. sanctions targeting China's Huawei have had no immediate impact on its ability to supply 5G equipment to Britain, a senior company executive said on Wednesday, calling for more time to understand the full repercussions of the restrictions.

Exclusive: EU secures potential COVID-19 drugs from Roche, Germany's Merck - source

The European Commission has struck deals with drugmakers Roche and Merck KGaA to secure supplies of experimental treatments for COVID-19, a Commission source told Reuters on Wednesday.

Exclusive: U.S. probing allegations TikTok violated children's privacy - sources

The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at protecting children's privacy, according to two people interviewed by the agencies.

End of an era? Series of U.S. setbacks bodes ill for big oil, gas pipeline projects

A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.

Germany insists self-regulation not enough for Facebook

Germany is determined to expand its attempts to regulate online hate speech even as Facebook promises to do more to clean up its site after a global advertiser boycott, with politicians saying the issue is too important to leave to self-regulation.

Airbus workers stage protest over job cuts

Airbus workers began a brief strike on Wednesday over plans to cut up to 15,000 jobs in response to the coronavirus crisis, which has stripped demand for jets as airlines cope with a plunge in tourism and business travel.

Futures wobble as U.S. coronavirus cases top three million

U.S. stock index futures ticked lower in choppy trading on Wednesday as investors stayed on the sidelines in the face of an alarming rise in coronavirus caseloads across the country that poses a risk to a recovery in business activity.

Exclusive: Alibaba's Ant plans Hong Kong IPO, targets valuation over $200 billion, sources say

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the matter.

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