Hong Kong police release Catholic cardinal arrested on national security charges

HONG KONG, May 11 (Reuters) – Cardinal Joseph Zen, one of Asia’s top Catholic clerics, and three other people who helped run a now disbanded fund for protesters in Hong Kong have been arrested for “collusion with foreign forces”. , then released on bail. Zen, a 90-year-old former Hong Kong bishop, was interrogated for several … Read more

Internet providers end challenge to California net neutrality law

Supporter of Net Neutrality Ginger Gibson of Valley Glen, California, protests the FCC’s recent decision to repeal the program in Los Angeles, California, November 28, 2017. REUTERS/ Kyle Grillot/Files Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 4 (Reuters) – The US broadband industry ended late on Wednesday its legal challenge to … Read more

Shanghai residents turn to NFTs to save COVID lockdown and fight censorship

HONG KONG, May 4 (Reuters) – Shanghai residents are turning to blockchain to preserve memories of the city’s month-long COVID-19 lockdown, smashing videos, photos and artwork capturing their ordeal as non-fungible tokens to ensure they can be shared and avoid deletion. Unable to leave their homes for weeks at a stretch, many of the city’s … Read more

Google faces internal battle over AI research to speed up chip design

The Google app logo is seen on a smartphone in this illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., May 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Monday it had recently fired a senior engineering manager after colleagues, whose landmark research on artificial … Read more

Launch into space? Not so fast. Insurers balk at new coverage

September 1 (Reuters) – An ever-growing amount of space debris threatens satellites hovering around Earth, making insurers reluctant to offer cover to devices that transmit text, maps, video and scientific data , said industry sources. Thousands of new satellites are being launched into areas where orbital trash has been piling up since the first space … Read more

Nasdaq ends sharply higher after Twitter agrees to takeover by Musk

Wall Street fear gauge at highest since mid-March Twitter surges after Elon Musk takeover deal Beijing threatened with lockdown, cyclicals lead declines Indices: Dow +0.70%, S&P 500 +0.57%, Nasdaq +1.29% April 25 (Reuters) – Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be taken over by billionaire Elon … Read more

Fines, fear, self-censorship: Russia’s new Ukraine law casts chill

LONDON, March 11 (Reuters) – After almost eight hours sitting in a police station and court, Vera Kotova became one of the first people to be judged and fined just under $240 under a new Russian law to punish anyone deemed to have discredited the armed strengths. Her crime was writing “No to war” accompanied … Read more

Disney set to lose Florida special tax status after LGBTQ law dispute

Bill passed by lawmakers now awaits governor’s approval Disney set to lose benefit of special tax status Disney condemned law limiting school discussion of LGBTQ issues Disney a big political donor in Florida April 21 (Reuters) – Walt Disney Co (DIS.N) is set to lose its special tax status in Florida after legislators there passed … Read more

Ackman Drops Netflix, Suffering $400M Loss as Stocks Tumble

April 20 (Reuters) – Billionaire investor William Ackman has liquidated a $1.1 billion bet on Netflix (NFLX.O) Wednesday, locking in a loss of more than $400 million as the streaming service’s shares plunged after news it had lost subscribers for the first time in a decade. Ackman’s hedge fund, Pershing Square Capital Management, flip-flopped, selling … Read more

Nasdaq drops as Netflix subscriber numbers weigh on tech

Procter & Gamble wants to raise its sales forecast for the year IBM wins on optimistic forecast, first quarter results are better Netflix plummets after losing subscribers in first quarter Indices: Dow up 0.71%, S&P down 0.06%, Nasdaq down 1.22% April 20 (Reuters) – The tech-heavy Nasdaq tumbled on Wednesday as Netflix’s surprise subscriber slump … Read more