Content moderator in Kenya sues Meta over working conditions

NAIROBI, May 10 (Reuters) – A former moderator working for Facebook owner Meta Platforms Inc. (FB.O) on Tuesday filed a lawsuit alleging that poor working conditions for contracted content moderators violate the Kenyan constitution. The petition, also filed against Meta’s local outsourcing company, Sama, alleges that workers who moderate Facebook posts in Kenya have been … Read more

Explanation: Can companies leaving Russia recover their losses through insurance?

March 23 (Reuters) – Hundreds of companies said they were pulling out or suspending operations in Russia after it invaded Ukraine, by energy producer Shell Plc (SHELL) to car manufacturer Hyundai Motor Co (005380.KS) to PwC, a global professional services firm. Here’s a look at how insurance and international arbitration could soften the blow to … Read more

Exclusive: Xiaomi accuses the Indian agency of threats of “physical violence” during an investigation

Xiaomi India faces Indian investigation over royalty payments Xiaomi has obtained legal redress, but accuses the agency of threats – document Company says executives threatened with ‘disastrous consequences’ – document India claims Xiaomi made overseas payments under the ‘cover of royalty’ NEW DELHI, May 7 (Reuters) – Chinese smartphone maker Xiaomi Corp 1810.HK alleged its … 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

In latest gaming crackdown, China bans live streaming of unauthorized titles

A man plays an online game on a computer at an internet cafe in Beijing, China August 31, 2021. REUTERS/Florence Lo Join now for FREE unlimited access to Register BEIJING/HONG KONG, April 15 (Reuters) – China on Friday said live streaming of unauthorized video games was banned, signaling tougher enforcement of the rules as … Read more

Oreo maker, Nestlé and Pepsi face European employee pressure on Russia

NEW YORK/LONDON, April 14 (Reuters) – Oreo maker Mondelez (MDLZ.O)Nestle (NESN.S) and PepsiCo (PEP.O) are facing staff defections in Ukraine and pushbacks from Eastern European workers angered by companies’ decisions to keep some operations in Russia, according to internal company communications reviewed by Reuters and interviews with six workers. Emerging employee activism adds to Ukraine’s … Read more

Twitter says billionaire Musk is not joining its board, warns of ‘coming distractions’

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo Join now for FREE unlimited access to Register April 11 (Reuters) – Twitter Inc. (TWTR.N) said on Sunday that Elon Musk had rejected his offer to join the social … Read more

The favorite of the next Pakistani Prime Minister considered a “power” administrator

Opposition leader Mian Muhammad Shehbaz Sherif, brother of former Prime Minister Nawaz Sharif, gestures as he addresses the media at the Supreme Court of Pakistan in Islamabad, Pakistan April 7, 2022. REUTERS/Akhtar Soomro Join now for FREE unlimited access to Register ISLAMABAD, April 10 (Reuters) – Shehbaz Sharif, the person most likely to be … Read more