Social Financial News

10.08 / 09:39

Enterprise country cover social Biden's tech curbs to keep investors sidelined, fearing more steps

Joe Biden's move to prohibit some US technology investments in China is expected to keep investors on the sidelines, concerned that tougher measures are ahead as tensions simmer between the world's two biggest economies. US private equity and venture capital investors have already hit the brakes on sensitive technologies in China as relations have worsened since the administration of Biden's predecessor, Donald Trump, over issues from tech to China's industrial policies to national security.

10.08 / 09:29

UPS film Actor love performer social 'I'm speechless.' Abhishek Bachchan's sweet reply to Anand Mahindra after auto boss praises actor's performance in 'Ghoomer'

Abhishek Bachchan is leaving no stone unturned to promote his upcoming sports drama 'Ghoomer'. With just a week left for the theatrical release on August 18, the makers recently shared the trailer of the inspiring movie. The R Balki directorial is getting all the praise from fans, but an unexpected appreciation note came from billionaire businessman Anand Mahindra.

10.08 / 06:53

Citi Platform voice social Bengaluru woman assaulted by Uber driver after boarding wrong cab

Uber driver due to a mistaken cab choice has recently come to light in Bengaluru, sending shockwaves through the city. The unsettling occurrence transpired within the Bhoganahalli vicinity, falling under the jurisdiction of the Bellandur police station, on a fateful Wednesday. Swiftly launching an investigation, local law enforcement has intensified efforts to apprehend the responsible party, utilizing invaluable CCTV recordings to substantiate their pursuit.

10.08 / 06:23

COST UPS Citi SoftBank social WeWork has sent a distress signal. Here's what to know

WeWork, which promised to revolutionize the way people work alongside one another, announced in a financial filing Tuesday that it had «substantial doubt» that it would stay in business. That declaration raises questions about not only the company's viability but also the future of commercial real estate. Here's what you need to know about WeWork's past and prospects.What is WeWork? WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey, tech entrepreneurs who used the funds from the sale of their previous co-working startup, Green Desk.

10.08 / 06:17

Provident Digital Citizens Landmark Platform country social India passes data protection legislation in Parliament. Critics fear privacy violation

Indian lawmakers have approved a data protection legislation that “seeks to better regulate big tech firms and penalize companies for data breaches” as several groups expressed concern over citizens’ privacy rights

10.08 / 06:17

UPS Citi Celebrity country cover social businesses A year ago, an Iranian woman's death sparked hijab protests. Now businesses are a new battleground

Iranian authorities did little to enforce the law on women covering their hair but now the country's theocracy is pushing to make businesses the new battleground over the mandatory headscarf. The effort comes ahead of the first anniversary of nationwide protests that erupted after the Sept. 16 death of Mahsa Amini in the custody of the country's morality police.

10.08 / 06:11

social Mahatma Gandhi's great grandson Tushar Gandhi to file complaint against Sambhaji Bhide, says ‘won't take slander…’

Quit India Day at Mumbai's August Kranti Maidan. Meanwhile, social activist Teesta Setalvad in a tweet claimed she was stopped from leaving her residence and that noted freedom fighter G G Parikh was also prevented from reaching the August Kranti Maidan.

10.08 / 06:11

Provident Twitter social Trump elon Elon Musk's Twitter fined $350K for delay in providing documents related to Donald Trump. Details here

Twitter Inc. or X was fined $3,50,000 for not immediately complying with a Justice Department search warrant for records pertaining to former US President Donald Trump's account. The social media giant was held in civil contempt by the US Court of Appeals for the DC Circuit.

10.08 / 04:37

Facebook Apple film show country social China mandates all apps to share business details in new oversight push

The Ministry of Industry and Information Technology (MIIT) said late on Tuesday that apps without proper filings will be punished after the grace period that will end in March next year, a move that experts say would potentially restrict the number of apps and hit small developers hard. You Yunting, a lawyer with Shanghai-based DeBund Law Offices, said the order is effectively requiring approvals from the ministry.

10.08 / 03:09

Facebook Provident Platform country cover social Contrary to popular belief, UK study says there's 'no evidence' Facebook harms mental well-being

Facebook across the globe, a University of Oxford study claims on Wednesday that it found no evidence that the social media platform's worldwide penetration is linked to adverse mental health impact. The study by the Oxford Internet Institute (OII) used wellbeing data from nearly a million people across 72 countries over 12 years and harnessed actual individual usage data from millions of Facebook users worldwide to investigate the impact on wellbeing of the platform, now branded as Meta.

10.08 / 00:53

Provident Digital Platform social electronic Data Bill to make social media companies accountable, fortify IT industry: IT Minister Ashwini Vaishnaw

DPDP) Bill that the Rajya Sabha cleared on Wednesday will make social media companies operating in India more accountable, boost the business of the IT industry and change the way organisations process data of Indians, minister for electronics and IT Ashwini Vaishnaw said. The exemptions that are given to the government under the proposed law are far fewer than what the European privacy law provides, he told Aashish Aryan & Surabhi Agarwal in an interview. Edited excerpts.How will having a privacy law further cement India’s position as tech powerhouse of the world? It will mean a lot for the Indian IT industry, which will find better traction all over the world.

10.08 / 00:15

Lowe's Target FIVE Gap social 2024 end UK to slip into recession before 2024 end? Here's what we know

There is a high possibility that the next UK election will be fought against the backdrop of a recession. The National Institute of Economic and Social Research recently predicted a 60% possibility of recession by the end of 2024 and highlighted the widening of the gap between the prosperous and less well off parts of Britain. The forecast also echoes recent Bank of England assertions that the GDP would remain below pre-pandemic levels “in the medium term." “Despite continuing to expect the United Kingdom to steer clear of a recession in 2023, GDP is projected to grow barely by 0.4 per cent this year and by 0.3 per cent in 2024, with the outlook remaining highly uncertain.

09.08 / 23:05

Provident Citizens Waters Stealth social Haldane calls out CBDC "stealth tax scandal"

In an op-ed for the Financial Times, Haldane argues the decision by central banks not to pay interest on citizen CBDC holdings reinforces a regressive tax levvied on consumers who rely on cash."Physical cash is an interest-free loan to government, a direct tax on citizens levied in proportion to their cash holdings at a tax rate given by the interest rate," he writes. "Most people are blissfully unaware they are being taxed in this way.

09.08 / 22:01

Target LGBT Racing Kellogg Celebrity Pride social Kellogg's 'woke' workplace diversity programs are illegal, group claims

By Daniel Wiessner

09.08 / 19:25

UPS Provident Target stage country cover social 'Pan-India surveys of migrant & domestic workers to start soon'

migrant workers and domestic workers, paving the way for the government to introduce a targeted policy interventions to provide social security and other benefits to these workers. Interventions, wherever needed, could come in through a dedicated policy or tweaking in the existing laws, or the Labour Codes, a senior official told ET.

09.08 / 18:15

COST UPS Aware social Worried about Social Security running out of money, many plan to take benefits early

Americans are so worried about Social Security running out of money, they are giving up their full retirement benefits.

09.08 / 17:29

COST UPS Citi Provident Enterprise social Indigenous Opinion: Homeownership is critical to solving Indigenous housing crisis

Many Indigenous communities in Canada are in crisis because of a severe shortage of adequate housing. According to a forthcoming study by the Assembly of First Nations and Indigenous Services Canada, First Nations reserves require $135 billion to address this deficiency. And that doesn’t include housing shortfalls in Métis settlements and Inuit communities, which could push the total need much higher.

09.08 / 17:13

UPS Strategy Pool performer social exclusive Why fund managers are wary of new ESG categories

The market regulator, Securities and Exchange Board of India (Sebi), is fast opening up investment avenues. Last month, it issued a circular permitting mutual funds to launch six new categories under the ESG (environmental, social, and governance) theme. The move is aimed at streamlining ESG investing but fund managers have raised several concerns.

09.08 / 17:03

Twitter Platform show social Trump Special counsel obtained search warrant for Trump's Twitter account -court filing

WASHINGTON (Reuters) — Jack Smith, the U.S. special counsel who is investigating Donald Trump, obtained a search warrant for the former president's Twitter account in January and the social media platform delayed complying, a court filing on Wednesday showed.

09.08 / 17:01

Twitter FIVE Reuters CEO Platform Instagram social Features Meta adds new features to Threads after more than half of users leave app

Meta Platforms' Threads app is adding new updates including the ability to share posts through Instagram messages, CEO Mark Zuckerberg said on Wednesday, as the company tries to retain users on its new app. Threads — which rivals X, the social media platform formerly known as Twitter — lost more than half of its users in the weeks following its buzzy launch.

09.08 / 16:53

UPS Apple Software show social end The end-call button on your iPhone could move soon. What to know about Apple's iOS 17 change

The location of Apple’s red end-call button is set to slightly move with upcoming iOS 17 updates to the phone app, so be wary of your thumb’s muscle memory

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