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The Competition Commission of India (CCI) ordered Google in October to make a series of changes, such as refraining from agreements that ensure exclusivity of its search services and mandatory pre-installation of its apps. It also told Google to allow third-party app stores to be housed within its Play Store. "There was negative impact over the years, we hope now consumers and device makers use our app more." About 97% of 600 million smartphone devices in India run on Android, according to Counterpoint Research estimates. Naval Chopra, a lawyer at India's Shardul Amarchand Mangaldas, which has challenged Google in courts in the past, said Thursday's court decision was a landmark one.

☆ Iran restricts supply of cheap oil to Syria, doubles the price for crude, Wall Street Journal reports
▼ + stars: | 2023-01-15 | by ( ) www.reuters.com time to read: 1 min

Jan 15 (Reuters) - Iranian officials have told Syria they would now have to pay more for additional shipments of oil, which will double the price to a market rate of more than $70 a barrel, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Iran has also refused new deliveries on credit and asked Syria to pay in advance for new oil supply, WSJ said. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ Twitter further cuts staff overseeing global content moderation -Bloomberg News
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: 1 min

Jan 7 (Reuters) - Twitter Inc made further staff cuts in the trust and safety team handling global content moderation and in the unit related to hate speech and harassment, Bloomberg news reported on Saturday. At least a dozen more cuts on Friday night affected workers in the company’s Dublin and Singapore offices, the report said, citing people familiar with the matter. Twitter, owned by billionaire Elon Musk, did not immediately respond to a Reuters request for comment. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Twitter further cuts staff overseeing global content moderation, Bloomberg reports
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +1 min

Jan 7 (Reuters) - Twitter Inc made further staff cuts in the trust and safety team handling global content moderation and in the unit related to hate speech and harassment, Bloomberg news reported on Saturday. Workers on teams handling policy on misinformation, global appeals and state media on the platform were also eliminated, the report added. Twitter's vice president of trust and safety, Ella Irwin, confirmed to Reuters that Twitter made some cuts in the trust and safety team on Friday night but did not give details. "We have thousands of people within Trust and Safety who work content moderation and have not made cuts to the teams that do that work daily," she said via email. The company was also was hit with a lawsuit last month that claimed the social media company disproportionately targeted female employees in layoffs.

☆ Twitter back online after global outage hits thousands
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +3 min

Reports of Twitter outages fell sharply by Wednesday evening, according to the website, with some users later commenting service had returned to normal. loadingDuring the outage, some users said they were unable to log in to their Twitter account via desktops or laptops. Hundreds of Twitter employees quit the social media company in November, by some estimates, including engineers responsible for fixing bugs and preventing service outages. Thousands of Twitter users were also hit by a global outages in February and July, before Musk's takeover. In July, a near 19-hour service outage at Canada's biggest telecom operator Rogers Telecommunications shut banking, transport and government access for millions.

The free food programme, however, cost the government around $47 billion, worsened the fiscal deficit and reduced wheat stocks in government warehouses to multi-year lows. The government expects to save nearly $20 billion a year by ending the COVID free food scheme. MODI TRUSTED BY VOTERSSome economists had wanted the food programme gone months ago as COVID curbs eased. Had the trust not been there, and for any other leader, it would have been difficult to end such a food programme ahead of elections." But senior BJP leader and former minister Ravi Shankar Prasad said that the decision to reduce food aid should not be linked to elections or politics.

☆ Twitter down for thousands of users - Downdetector.com
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: 1 min

Dec 28 (Reuters) - Twitter Inc was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. Over 10,000 users reported issues with accessing the social media website in the United States as of 7:40 pm ET. Some users also complained that their Twitter notifications were not working. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis, Financial Times reports
▼ + stars: | 2022-12-03 | by ( ) www.reuters.com time to read: +1 min

Dec 3 (Reuters) - Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins' crypto exchange Gemini $900 million, the Financial Times reported on Saturday. Crypto exchange Gemini is trying to recover the funds after Genesis was wrongfooted by last month’s failure of Sam Bankman-Fried’s FTX crypto group, the newspaper said, citing people familiar with the matter. Venture capital company Digital Currency Group, which owns Genesis Trading and cryptocurrency asset manager Grayscale, owes $575 million to Genesis' crypto lending arm, Digital Currency Chief Executive Barry Silbert told shareholders last month. Gemini, which runs a crypto lending product in partnership with Genesis, has now formed a creditors' committee to recoup the funds from Genesis and its parent DCG, the report added. Genesis Global Capital suspended customer redemptions in its lending business last month, citing the sudden failure of crypto exchange FTX.

☆ Crypto exchange Gemini trying to recover $900 million from crypto lender Genesis - FT
▼ + stars: | 2022-12-03 | by ( ) www.reuters.com time to read: 1 min

Dec 3 (Reuters) - Crypto exchange Gemini is trying to recover $900 million from crypto lender Genesis and its parent company Digital Currency Group after the collapse of Sam Bankman-Fried's crypto exchange FTX, Financial Times reported citing people familiar with the matter. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Magnitude 6.2 earthquake strikes off the coast of Baja California, Mexico - USGS
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: 1 min

Nov 22 (Reuters) - An earthquake of 6.2 magnitude struck off the coast of Baja California in Mexico on Tuesday, the U.S. Geological Survey (USGS) said. The quake, about 30 km (18.6 miles) west-southwest of Las Brisas in Baja California, struck at a depth of 19 kilometers (12 miles), USGS added. Authorities were investigating whether the temblor had caused any damage in the state of Baja California, Governor Marina del Pilar Avila said on Twitter. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

☆ India's Aam Aadmi party set for big gains in Modi's home state
▼ + stars: | 2022-11-04 | by ( Sumit Khanna | ) www.reuters.com time to read: +3 min

SURAT, India, Nov 4 (Reuters) - India's Aam Aadmi Party (AAP), formed only a decade ago and having claimed power in Delhi and Punjab state, is set to be the biggest gainer in assembly elections in Prime Minister Narendra Modi's home state of Gujarat next month. AAP boss and Delhi Chief Minister Arvind Kejriwal is known to have national ambitions. "Ninety-nine per cent I am going to vote for Aam Adam Party," said diamond worker Bharat Patel. "It looks like the surge of the Aam Aadmi Party is not going down," Yashwant Deshmukh, founder of polling agency CVoter, told Reuters. With pictures of Modi, the ruling party is underlining the advantages of having a BJP government at the state and nationally.

☆ Magnitude 5.5 earthquake hits Mindanao island, Philippines - EMSC
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: 1 min

Oct 19 (Reuters) - An earthquake of magnitude 5.5 struck Mindanao island in the Philippines on Wednesday, the European Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 26 km (16 miles), EMSC said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh in Bengaluru; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Russia consolidating new front line in Kherson's Mylove village, UK says
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

Oct 13 (Reuters) - Russian troops are likely attempting to consolidate along a new front line west of the village of Mylove in Ukraine's southern region of Kherson, the British Ministry of Defence said on Thursday. "Heavy fighting continues along this line, especially at the western end where Ukrainian advances mean Russia's flank is no longer protected by the Inhulets River," the ministry said in its intelligence update on Twitter. loadingRegister now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Crypto exchange FTX to acquire bankrupt Voyager's assets
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/IllustrationsSept 26 (Reuters) - Bankrupt crypto lender Voyager Digital said on Monday crypto exchange FTX has won an auction for its assets, in a bid valued at about $1.42 billion. Register now for FREE unlimited access to Reuters.com RegisterVoyager issued a notice of default to the Singapore-based hedge fund in June, for its failure to make required payments on a loan of 15,250 bitcoin. However, the slump in crypto markets has hurt crypto companies and investors. read moreLast week, Voyager said its Chief Financial Officer Ashwin Prithipaul was preparing to step down from his role within months of his appointment at the crypto lender. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Juby Babu and Shubhendu Deshmukh in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ China's Guoxuan High-tech unit eyes $3.6 bln Michigan plant, 2,000 jobs -Detroit News
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: 1 min

Register now for FREE unlimited access to Reuters.com RegisterSept 20 (Reuters) - Chinese battery maker Guoxuan High Tech Co's (002074.SZ) U.S. subsidiary is planning a development in Michigan that could draw up to $3.6 billion in investment and 2,000 new jobs, the Detroit News reported on Tuesday, citing sources. (t.ly/o9XS)Gotion Inc, a subsidiary of Guoxuan, would produce battery components at a yet-to-be constructed plant in Michigan, the report said, adding that it is expected to lead to about 500 jobs initially and potentially up to 2,000 jobs over the next 10 years. Guoxuan High Tech did not immediately respond to a Reuters request for comment. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shubhendu Deshmukh and Akriti Sharma in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

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