Tech
Meta to give EU users more options for data handling
(Reuters) -Meta Platforms Inc said on Thursday it would change the legal basis on how Facebook and Instagram use personal data to…
Business
Walt Disney Co begins 7,000 layoffs
By Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to…
Business
TikTok attacked for China ties as US lawmakers push for ban
By David Shepardson, Rami Ayyub WASHINGTON (Reuters) -U.S. lawmakers on Thursday battered TikTok’s chief executive about potential Chinese influence over the platform…
Business
Financial or price stability? Fed faces calls to pause
By Paritosh Bansal and Ira Iosebashvili (Reuters) -With the U.S. and European banking crisis wreaking havoc in global markets, some financial industry…
Business
Central banks try to calm markets after UBS deal to buy Credit Suisse
By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) -Some of the world’s largest central banks came together on Sunday to stop…
Business
Credit Suisse, UBS crunch talks; US bank fallout: What you need to know
(Reuters) – UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy rival…
Business
UBS seeks $6 billion in govt guarantees for Credit Suisse takeover -source
By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – UBS AG is asking the Swiss government to cover about $6 billion…
Business
Credit Suisse lifeline, First Republic rescue: What you need to know
(Reuters) – Large U.S. banks injected $30 billion into First Republic Bank on Thursday, swooping in to rescue the lender caught up…
Business
US threatens TikTok ban if Chinese owners don’t sell stake – WSJ
WASHINGTON (Reuters) – The Biden administration has demanded TikTok’s Chinese owners divest their stake in the popular video app or face a…
Business
Canada’s tech start ups face financing hurdles with SVB collapse
By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) – Last week’s sudden collapse of Silicon Valley Bank (SVB) could choke funding for…