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...If it is true that ZOF engaged in the practices described in the article, we find it to be truly regrettable, and we will demand that ZOF implements corrective measures,” the trading house said....
...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
...Ballast for the theory comes from a National Bureau of Economic Research paper....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
...A bill requiring ByteDance to divest TikTok or face having the app banned over national security concerns may pass in the Senate this week before it is signed by President Joe Biden....
...Investors are sceptical that the group can compete in a cut-throat streaming business in which it is battling against much larger groups such as Disney, Netflix and Amazon....
...The group is set to hold a town hall for staff on the US situation on Wednesday....
...The region’s big national airline groups, British Airways owner IAG, Air France-KLM and Lufthansa, are still flying smaller schedules than in 2019, after cautiously rebuilding their businesses from the pandemic...
...on major tech groups in late 2020....
...The National Cyber Security Centre, a branch of the signals intelligence agency GCHQ, published fresh advice on Monday for “high-risk individuals” whose work or public status means they can access or influence...
...the view that member states may not request the commission to examine a concentration which does not have a community dimension, even where they have no competence to review such a concentration under national...
...US security officials have said the app poses a risk to national security....
...In the US, multinational tech group Oracle has been given powers to audit TikTok’s algorithm and content moderation models to ensure they are not manipulated, the company added....
...Brussels has taken another tentative step towards improving employment conditions for workers at ride-sharing and delivery groups such as Uber and Deliveroo, following a long fight with individual member...
...Huawei has been at the heart of US-China tensions for several years amid Washington’s belief that the company poses national security risks stemming from alleged state and military links....
...energy and commerce committee approved the bipartisan bill 50-0 on Thursday after a classified briefing from officials about the risks the app posed to Americans because of its ownership by the Chinese group...
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
...But payments groups stayed in the doldrums. Shares in FIS and Worldline have fallen around 70 per cent and 86 per cent respectively from their peak....
...Falling market share and sales figures reported this month indicate the two groups face rising competition and the whiplash of US-China geopolitical tensions....
...In January, Republican lawmakers grilled TikTok chief executive Shou Zi Chew over whether the group has ties to China, which he denied....
...Other research shows that teenagers use these apps because their peer groups do. They would happily give them up if their friends did. This is a classic collective action problem....
...It has permitted only a fraction of the requested documents to be provided to the US inquiry, saying the release of some could “harm the national security, interests, policies or rights” of the kingdom,...
...The best and most beautiful film of the week is Smoke Sauna Sisterhood, which largely shows a group of Estonian women sitting in darkness....
...What’s more, Beijing says it opposes a sale, probably because it does not want to lose control of TikTok’s content algorithm (which is arguably a bigger national security flashpoint than data storage)....
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