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Google challenged the directive in the Supreme Court saying it would hurt consumers and also its business, warning the growth of the Android ecosystem could stall. A three-judge bench of the Supreme Court, which included the chief justice of India, extended the implementation date of CCI's directives by a week beyond Jan. 19, but declined to block the ruling despite Google's repeated requests. Google licenses its Android system to smartphone makers, but critics say it imposes restrictions such as mandatory pre-installation of its own apps that are anti-competitive. Google also says in its India filings that "no other jurisdiction has ever asked for such far-reaching changes". "We have not cut, copy and paste," N Venkataraman, a government lawyer representing the Competition Commission of India (CCI), told the top court.

☆ Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs
▼ + stars: | 2023-01-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Zhao said Binance, the world's largest cryptocurrency exchange, said the company increased head count in 2022 from 3,000 people to "almost" 8,000. In 2023, Binance plans to increase the number of staff by between 15% and 30%, Zhao said at the Crypto Finance Conference in St. Moritz, Switzerland. Zhao said Binance needs to get the company "well-organized" ahead of the next crypto bull run and admitted the exchange is "not super efficient." The industry was plagued last year by collapses of major projects, liquidity issues, bankruptcies and the high-profile failure of crypto exchange FTX. Binance had a big role to play in FTX's collapse.

The U.S. House’s Jan. 6 committee has performed its task with a dignity that verges on parody. They are doing criminal referrals while Rome burns. I think the criminal referrals are completely appropriate and, if anything, fail to capture the true scope of his malfeasance. He said as much himself in response to the Jan. 6 committee referral. One of the strongest grounds for prosecuting Trump for Jan. 6 is that only accountability will prevent something like it from happening again.

The article was one of a series of reports this year by the news agency on Binance's financial compliance and relationship with regulators across the world. Reuters also asked representatives of the local Binance units and affiliates about their relationship with the main Binance exchange. In Italy, Binance's public corporate filings detail just the unit's capital base and its ownership by a separate Binance company in Ireland. The Italian company, Binance Italy S.R.L., has its listed address in a block of shops and apartments in the southern city of Lecce. Just two of the Binance units analysed by Reuters offer more substantial details in their filings.

☆ Salesforce shares tumble after surprise exit of co-CEO Taylor
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Bret Taylor, Co-CEO of Salesforce, speaks at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Jefferies analysts said the surprise exit indicated that the "co-CEO model is not working with two departures in three years." Benioff tapped Taylor as co-CEO in 2021, to replace Oracle (ORCL.N) executive Keith Block who stepped down from the role just before the pandemic began. He was previously chief operating officer and chief product officer of the company. "We view this leadership change as a significant blow given his leadership role on product," Needham analysts said in a note.

An early mover in the electric car race, Renault has fallen behind newer, more agile rivals like Tesla. But big question marks remain on its strained relationship with long-standing Japanese partner Nissan, as Renault looks for other outside investors for each of its divisions. Nissan (7201.T) is expected to take a stake in the EV venture, codenamed "Ampere", alongside other investors, though Renault will keep a majority stake. Renault CEO Luca De Meo said the group wanted to give the alliance a strong future and a "new chance". Aside from the Ampere EV unit and the combustion engine division, Renault will have an additional three businesses - the Alpine sports-car brand, financial services and new mobility and recycling activities.

☆ Stocks making the biggest moves after hours: Meta Platforms, ServiceNow, Align Technology and more
▼ + stars: | 2022-10-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines after the bell:Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Align Technology — The maker of Invisalign dental straighteners toppled 16.8% after missing earnings estimates for the recent quarter. O'Reilly Automotive — Shares gained more than 3% after hours following a beat on revenue and earnings for the third quarter.

REUTERS/Benoit Tessier/File PhotoCompanies L'Oreal SA FollowOct 24 (Reuters) - L'Oreal SA (OREP.PA) has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company's hair-straightening products. The lawsuit, filed Friday in federal court in Chicago, came days after a study from the U.S. National Institute of Environmental Health Safety (NIEHS) finding that hair-straightening products may significantly increase the risk of uterine cancer among frequent users. The plaintiff, Jennifer Mitchell, said she was diagnosed with uterine cancer in 2018, after using L'Oreal's products since about 2000, when she was 10. Uterine cancer is the most common gynecologic cancer in the United States, according to federal government data, with rates rising, particularly among Black women. The company "profited, significantly" from "unethical and illegal conduct that caused plaintiff to purchase and habitually use a dangerous and defective product," the lawsuit said.

☆ LVMH's resilience gives luxury shares a boost amid economic gloom
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

"LVMH's 3Q22 print will likely reassure on the health of the high-end consumer in the run-up to the festive season," said Thomas Chauvet of Citi. He said he had seen no signs that lower product categories were underperforming -- a category that has been closely eyed for signs of weakness. Analysts have been on the look out for signs of weakness in more aspirational products as younger shoppers face rising living costs. Guiony flagged a strong performance in watches -- luxury products that tend to do well in an inflationary environment because they hold their value. Hermes and Kering (PRTP.PA) report third quarter sales on Oct. 20.

☆ The US Navy's new high-tech aircraft launcher is being prepped for deployment on France's new nuclear-powered carrier
▼ + stars: | 2022-10-09 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

The new carrier will have the same aircraft launch and recovery systems as the US's newest carriers. It is the latest development in France's ambition to build a new nuclear-powered aircraft carrier, a project known as the Porte-Avions de Nouvelle Génération, sometimes called PANG, which translates to "New Generation Aircraft Carrier." Charles de GaulleFrench aircraft carrier Charles de Gaulle. It is the only non-US nuclear-powered aircraft carrier in the world. Sailors prepare an F/A-18F for launch during testing with Ford's Electromagnetic Aircraft Launch System in January 2020.

REUTERS/Benoit Tessier/File PhotoLONDON, Oct 7 (Reuters) - A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the crypto sector this year. Criminals have increasingly targeted them, with some $2 billion stolen in 13 different hacks, mostly this year, researcher Chainalysis said in August. Register now for FREE unlimited access to Reuters.com RegisterThe hackers stole around $100 million worth of crypto, Zhao said in his tweet. BNB Chain later said in a blog post that a total of 2 million of the BNB cryptocurrency - worth around $570 million - was withdrawn by the hacker. BNB Chain suspended its blockchain for several hours before resuming at around 0630 GMT, it said in a tweet.

☆ Google's India policy head Gulati resigns - sources
▼ + stars: | 2022-09-26 | by ( Aditya Kalra | ) www.reuters.com time to read: +2 min

Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment. Register now for FREE unlimited access to Reuters.com RegisterGoogle is facing a series of antitrust cases in India and stricter tech-sector regulations. At Google, Gulati led a team of public policy executives who look at various regulatory implications for the company in India, one of its key growth markets. A number of Indian government officials have been hired by Big Tech companies as they face tighter data and privacy regulation, as well as competition law scrutiny, under Modi's federal government. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aditya Kalra in New Delhi Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Meta aims to cut costs by at least 10% within next few months - WSJ
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

The reported figure represents a big jump from the earlier forecast of about 2% to 4% cost cuts that Meta announced in July. Meta on Wednesday reiterated its plans to steadily reduce headcount growth over the next year in an emailed response. The company's business has taken a hit in recent months as recession fears and competitive pressures hit digital ads sales. Reuters had reported in June that Meta had cut plans to hire engineers by at least 30% this year as it prepares for a deep economic downturn. Register now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Bordeaux: Trei persoane au fost rănite, după ce două clădiri din centrul oraşului s-au prăbuşit (VIDEO)
▼ + stars: | 2021-06-21 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Trei persoane au fost rănite, dintre care una în stare gravă, după ce două clădiri din centrul oraşului Bordeaux (sud-vestul Franţei) s-au prăbuşit duminică seara din cauze încă necunoscute, au anunţat pompierii şi primăria oraşului, informează France Presse, citat de agerpres.ro. Printre victime, un bărbat de 28 de ani a fost rănit "foarte grav", cu un pronostic vital "probabil rezervat". Întreaga stradă a fost blocată de dărâmături, a constatat AFP la faţa locului. Conform primelor constatări, prăbuşirea clădirii care era în renovare a fost cea care a dus la prăbuşirea clădirii vecine, potrivit unui ales local, Amine Smihi. Miercurea trecută, o clădire aflată în paragină, în centrul oraşului, s-a prăbuşit, fără a face victime.

Persons: Arnaud Mendousse Organizations: France Locations: Bordeaux, Franţei, Porte, Bourgogne, Gironde

☆ Paris commuters face 300 miles of traffic jams in fifth day of French strikes
▼ + stars: | 2019-12-09 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

TOPSHOT - Vehicles run on the Paris' ring road, the "Peripherique", on December 9, 2019 in Porte de Vincennes in Paris, during a strike of Paris public transports over French government's plan to overhaul the country's retirement system, as part of a national strike. French commuters experienced a chaotic journey getting to work on Monday as public sector workers entered a fifth consecutive day of nationwide strikes. Nationwide, public sector workers have protested against government plans to update the pension system since Thursday. Tweet 1Monday starts a make-it-or-break-it week for the French government, according to different French media. President Emmanuel Macron vowed in 2017 to change France's pension system, which is one of the most expensive across the world, according to data from the OECD.

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