Tag Archives: presses

By Julie Zhu, Kane Wu and Brenda Goh HONG KONG/SHANGHAI (Reuters) -Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with knowledge of the matter told Reuters. China’s powerful Cyberspace Administration of China (CAC) has asked the management to take the company off the U.S. bourse due to worries about leakage of sensitive data, said one of the… Source link

Senator Elizabeth Warren on Monday called on the Securities and Exchange Commission to look into trades made by senior Federal Reserve officials over the course of 2020. The Massachusetts Democrat asked the SEC to investigate the extent of trading carried out by at least three high-ranking officials at the central bank, including the timing of the trades and whether or not those trades “may have been influenced by non-public information.” The request comes after reporting last Friday… Source link

Prompts on how to use Amazon’s Alexa personal assistant are seen in an Amazon ‘experience centre’ in Vallejo, California, U.S., May 8, 2018. Picture taken May 8, 2018. REUTERS/Elijah Nouvelage/File Photo June 23 (Reuters) – Amazon.com Inc (AMZN.O) and Alphabet Inc’s (GOOGL.O) Google need to offer more details about how their smart-home devices and virtual assistants will support competition and user privacy, U.S. Senator Amy Klobuchar wrote to the companies on Tuesday. In a letter, the… Source link

The Week Pelosi says she supports a smaller coronavirus stimulus now because Biden won the election After six months spent pushing for a more-than $2 trillion coronavirus stimulus package, House Speaker Nancy Pelosi (D-Calif.) is fine with something smaller.Earlier this week, a team of bipartisan lawmakers unveiled a $908 billion coronavirus relief. It’s smaller than the $1.5 trillion deal the House’s bipartisan Problem Solvers Caucus drew up in September, and yet this time around,… Source link

Mark Zuckerberg, Jack Dorsey answer questions during the Senate Judiciary Committee hearing. Edward Lawrence with more. Sen. Josh Hawley, R-Mo., on Tuesday pressed Facebook CEO Mark Zuckerberg on a newly revealed whistleblower complaint alleging that Facebook employees coordinate with Twitter and Google employees to make certain content moderation decisions. Hawley said a former Facebook employee “with direct knowledge of the company’s content moderation practices” contacted his… Source link