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Twitter expressed interest in buying TikTok's U.S. operations

Twitter expressed interest in buying TikTok's U.S. operations

By , Slideshow The news of Twitter and TikTok being in preliminary talks and Microsoft still being seen as the front-runner in bidding for the app’s U.S. operations was reported earlier by the Wall Street Journal.Twitter has a market capitalization of close to $30 billion, almost as much as the valuation of TikTok’s assets to be divested, and would need to raise additional capital to fund the deal, according to the sources.“Twitter will have a hard time putting together enough financing to acquire even the U.S. operations of TikTok. It doesn’t have enough borrowing capacity”, said Erik...

August 9, 2020
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Biden campaign raises $48 million in 48 hours after naming Kamala Harris as VP choice

Biden campaign raises $48 million in 48 hours after naming Kamala Harris as VP choice

By , (Reuters) - The campaign of Democratic presidential contender Joe Biden has raised $48 million in the 48 hours since he named U.S. Senator Kamala Harris the Democratic vice presidential nominee, a campaign spokesman told Reuters late on Thursday.Biden, a former vice president himself, on Tuesday picked Harris as his choice for VP, making her the first Black woman on a major-party U.S. presidential ticket.With social unrest over racial injustice rocking the country for months since the death in custody of an African-American man, George Floyd - after a police officer knelt on his neck...

August 14, 2020
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Wakanda, the Birthday Party and Kanye West's presidential hopes

Wakanda, the Birthday Party and Kanye West's presidential hopes

By , (Reuters) - Rapper Kanye West says he is running a serious campaign for the White House under the banner of a self-styled Birthday Party committed to a presidency modeled after the fictional nation Wakanda in the film “Black Panther.”Slideshow Forbes magazine published a story on Wednesday based on what it called four rambling hours of interviews with the 43-year-old musician and fashion designer who said he had dropped his support of U.S. President Donald Trump.West, who has said he has bipolar disorder, announced his candidacy for the Nov. 3 election in a brief tweet at the weekend,...

July 8, 2020
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India asks Twitter to remove tweets critical of its COVID-19 handling as cases hit new world high

India asks Twitter to remove tweets critical of its COVID-19 handling as cases hit new world high

India asks Twitter to remove tweets critical of its COVID-19 handling as cases hit new world highWe’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.DismisscloseAdvertisementBy Log in, or to save articles for later.Normal text sizeLarger text sizeVery large text sizeAdvertisementBengaluru: The Indian government asked social media platform Twitter to take down dozens of tweets, including some by local lawmakers, that were critical of India’s handling of the coronavirus outbreak, as cases of COVID-19 again hit a world record.Twitter has...

April 24, 2021
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India asks Twitter to take down some tweets critical of its COVID-19 handling

India asks Twitter to take down some tweets critical of its COVID-19 handling

Register now for FREE unlimited access to Reuters.comApril 24 (Reuters) - The Indian government asked social media platform Twitter to take down dozens of tweets, including some by local lawmakers, that were critical of its handling of the coronavirus outbreak, as cases of COVID-19 again hit a world record.Twitter has withheld some of the tweets after the legal request by the Indian government, a company spokeswoman told Reuters on Saturday.The government made an emergency order to censor the tweets, Twitter disclosed on Lumen database, a Harvard University project.Register now for FREE...

April 24, 2021
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Texas AG says retroactive power-price cut okay; regulator ousted

Texas AG says retroactive power-price cut okay; regulator ousted

By , HOUSTON (Reuters) - The Texas attorney general on Wednesday said state law allows the utilities regulator to cut billions of dollars from storm-inflated electric bills, an endorsement that came hours after the ouster of the regulator who opposed retroactive cuts.The drive to reverse $4.1 billion in emergency prices gained momentum after a magazine published inflammatory comments by Public Utility Commission Chair Arthur D’Andrea. In a March 9 call with Bank of America analysts and investors, he said he “tipped the scale” to protect utility profits. He also minimized the financial pain...

March 17, 2021
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Trump supporters want to 'blow up' Capitol, police chief warns

Trump supporters want to 'blow up' Capitol, police chief warns

By , WASHINGTON (Reuters) - Donald Trump supporters who launched a deadly assault on the U.S. Capitol last month have indicated they want to “blow up” the building and kill members of Congress, the acting chief of the Capitol Police said on Thursday.Threats suggest extremists could target the building during an address by President Joe Biden, Acting Chief Yogananda Pittman told lawmakers as she advocated for continued high security around the building.”Members of militia groups that were present on Jan. 6 have stated their desires that they want to blow up the Capitol and kill as many...

February 25, 2021
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Nasdaq, New York Stock Exchange sue SEC over planned overhaul of public data feeds

Nasdaq, New York Stock Exchange sue SEC over planned overhaul of public data feeds

By (Reuters) - Nasdaq Inc and the New York Stock Exchange have each sued the Securities and Exchange Commission, seeking to block a plan by the regulator to overhaul public data feeds that broadcast stock prices to investors, court filings show.Under the SEC plan, approved in December, supply and demand data for stocks would be added to public feeds, broadening access to the information which the exchanges currently sell to professional traders at a premium.“Nasdaq believes the SEC exceeded its authority by adopting an ill-considered remake of market structure,” a Nasdaq spokeswoman said in...

February 10, 2021
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Deutsche Bank starts probe in relation to engagement with some clients

Deutsche Bank starts probe in relation to engagement with some clients

By (Reuters) - Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged mis-selling of investment banking products.“We initiated an investigation in relation to our engagement with a limited number of clients. We cannot comment on details of the investigation until it is complete”, a Deutsche Bank spokesman said in an emailed statement late on Sunday.The Financial Times reported that the lender was probing if its staff mis-sold sophisticated investment banking...

January 24, 2021
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Twitter expressed interest in buying TikTok's U.S. operations

Twitter expressed interest in buying TikTok's U.S. operations

By , Slideshow The news of Twitter and TikTok being in preliminary talks and Microsoft still being seen as the front-runner in bidding for the app’s U.S. operations was reported earlier by the Wall Street Journal.Twitter has a market capitalization of close to $30 billion, almost as much as the valuation of TikTok’s assets to be divested, and would need to raise additional capital to fund the deal, according to the sources.“Twitter will have a hard time putting together enough financing to acquire even the U.S. operations of TikTok. It doesn’t have enough borrowing capacity”, said Erik...

August 9, 2020
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