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'It's over': Twitter France's head quits amid layoffs
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Nov 21 (Reuters) - Twitter Inc's head of French operations, Damien Viel, said he was quitting the social media platform, whose new owner Elon Musk recently fired top executives and enforced steep job cuts at the company. "It's over," Viel tweeted on Sunday, thanking his team in France, which he led for the last seven years. loadingViel confirmed he was leaving Twitter in a separate message to Reuters. Twitter has had a bumpy ride since Musk, the world's richest person, took charge. It has cut staff by half, while Musk has raised the possibility of the social media platform going bankrupt.
San Francisco-based Twitter did not immediately respond to a request for comment on the security situation at the company. He echoed a pessimistic view among some Twitter users this week: The service might go down entirely under Musk's ownership. Verification serviceOn Friday, Twitter paused the rollout of its Twitter Blue verification service, intended to let users pay $8 a month for a verification badge. “The debacle with the Twitter verification is a really strong indicator as to what can go wrong,” Roger said. “When the verified Twitter users got hacked a few months ago, it was only a bitcoin scam, right?” Rogers said.
The FTC said it's tracking developments at Twitter "with deep concern," per Reuters. It made the comment after four top execs in charge of privacy at Twitter reportedly resigned. Elon Musk said on Thursday that he and his team would fully comply with FTC rules. Twitter has also fired half of its global workforce, roughly 3,700 people, alongside several other tech giants that conducted mass layoffs. Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty also resigned, according to Reuters, citing a Slack message among Twitter's staff posted by an internal lawyer.
The U.S. Federal Trade Commission said it was watching Twitter with "deep concern" after these three privacy and compliance officers quit. Twitter did not respond to requests for comment on a potential bankruptcy, the FTC warning, or the departures. Wheeler was the face of Twitter for advertising after Musk took over. Musk has saddled Twitter with $13 billion in debt, on which it faces interest payments totaling close to $1.2 billion in the next 12 months. It joined other brands including General Motors (GM.N) that have paused advertising on Twitter since Musk took over, concerned that he will loosen content moderation rules.
Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty have also resigned, according to an internal message seen by Reuters. He announced plans to cut half its workforce last week, promised to stop fake accounts and is charging $8 a month for the Twitter Blue service that will include a blue check verification. "We are tracking recent developments at Twitter with deep concern," Douglas Farrar, the FTC's director of public affairs, told Reuters. "Elon puts rockets into space, he's not afraid of the FTC," the attorney quoted Spiro as saying. Twitter did not respond to a request for comment on the FTC warning, the note from the attorney or the departures.
Twitter information security chief Kissner to leave
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +1 min
Nov 10 (Reuters) - Twitter Inc's information security chief Lea Kissner is leaving the company, Kissner said in a tweet on Thursday. loadingKissner joined Twitter last year as head of privacy engineering and was made the chief information security officer in January. He then moved quickly to push out some top executives including Chief Executive Parag Agrawal and announced layoffs affecting about half of Twitter's workforce. Chief Privacy Officer Damien Kieran and Chief Compliance Officer Marianne Fogarty have also put down their papers, the Verge reported earlier on Thursday, citing sources and messages on Twitter's internal channels. Reporting by Yuvraj Malik in Bengaluru; Editing by Arun Koyyur and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
It’s hard to succinctly summarize the absolute chaos that has consumed Twitter over the last 12 hours as Elon Musk continues to wreak havoc on the Silicon Valley company. Bloomberg reported that its advertising chief Robin Wheeler was on the way out. And earlier in the day, we learned that Twitter’s chief information security officer Lea Kissner resigned, as had chief privacy officer Damien Kieran. And given that Twitter heavily relies on advertising revenue, the developments spell exceptionally troubling news for the already-imperiled company. We would once again tell advertisers to jump ship, but at this point, no CMO in their right mind needs that advice.”
[1/3] U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus. The euro touched $1.003 in Asia trade, its highest in nearly two weeks, before sliding to trade down a touch straddling the $1 level. The Japanese yen hit a one-week high of 146.35 per dollar. COVID POLICYAnother factor that has weighed on the dollar in recent days was speculation that China might relax aspects of its dynamic zero COVID policy.
Dollar catches footing ahead of U.S. midterms
  + stars: | 2022-11-08 | by ( Tom Westbrook | ) www.reuters.com   time to read: +3 min
[1/3] U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationSINGAPORE, Nov 8 (Reuters) - The dollar steadied during Asia trade on Tuesday after some of the momentum ebbed out of bets on China's reopening, and as traders looked ahead to U.S. midterm elections. Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus. Sterling , which surged on Monday, was 0.2% weaker at $1.1490, with focus there on fiscal update expected on Nov. 17. The Japanese yen hit a one-week high of 146.35 per dollar.
[1/2] French chocolatier Damien Vidal poses with chocolates flavoured with Carolina Reaper chilli pepper at the Paris Chocolate fair in Paris, France, October 28, 2022. REUTERS/Lucien LibertPARIS, Oct 28 (Reuters) - It is hard to come up with something new at Paris' annual chocolate fair, but French chocolatier Damien Vidal found a way to put a mouth-tingling twist on his confectionary: incorporating the world's hottest chili. Two Japanese tourists and other visitors at the chocolate fair gamely tried the shiny chocolate-chili balls and nobody spat them out. "Mmm, it is both sweetie and spicy, not too spicy, the spicy taste is mild," said Japanese student Hitomi Ebitani. French fair visitor Justine Bonneau agreed.
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence LoSINGAPORE, Oct 24 (Reuters) - Suspected Bank of Japan (BOJ) intervention gave only brief respite to the Japanese yen as the dollar stayed strong on Monday, while sterling wavered as former finance minister Rishi Sunak emerged as frontrunner to become Britain's prime minister. That triggered a rally of more than 7 yen for the Japanese currency to 144.50 per dollar. Damien Boey, chief macro strategist at Sydney-based investment firm Barrenjoey, said the Japanese yen was still not close to fair value. Sterling also see-sawed on news former prime minister Boris Johnson had dropped out of running for British prime minister and was last up 0.2% at $1.1320, trimming earlier agains.
Milton was charged with two counts of securities fraud and two counts of wire fraud, all related to statements he made about Nikola's business while he was chairman and CEO of the company. Jurors found him guilty on one count of securities fraud and both of the wire fraud counts. "Trevor Milton lied to Nikola's investors — over and over and over again. For a short period, Nikola – a company with no revenue – was more valuable than century-old Ford Motor. Although Milton still owns Nikola stock, the company had otherwise cut ties with him.
Sterling rose 0.4% to $1.1008 in late Asian trade but there are broader concerns about the direction of policy in Britain. In Japan, the rampaging dollar breached 146 yen for the first time in 24 years, prompting authorities in Tokyo to pledge necessary steps in the foreign exchange market if needed. Renewed U.S. dollar strength also sent the risk-sensitive Australian dollar to $0.6247, the lowest since April 2020. U.S. inflation data on Wednesday and Thursday is expected to keep the Fed on an aggressive rate hike path. It was the third straight dip in prices as investors worried about falling fuel demand and tightening COVID-19 curbs in China.
Asian stocks stall, dollar wallops pound and yen
  + stars: | 2022-10-12 | by ( Kanupriya Kapoor | ) www.reuters.com   time to read: +3 min
SINGAPORE, Oct 12 (Reuters) - Asian stocks wallowed at two-year lows on Wednesday, after a strengthening dollar, instability in the U.K. bond market, and upcoming U.S. inflation data spelled a wild session on Wall Street and further volatility for investors. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 0.87%, while Seoul's KOSPI index (.KS11) fell 0.41% and Australia's resources-heavy index (.AXJO) was up 0.05%. China's CSI300 index (.CSI300) was down 0.96% in early trade and Hong Kong's Hang Seng index fell 1.94%. The British financial turmoil combined with a burst of U.S. dollar strength that sent the sterling to a two-week low of 1.0949, while the risk-sensitive Australian dollar fell to $0.6247, the lowest since April 2020. It was the third straight dip in prices as investors worried about falling fuel demand and tightening COVID-19 curbs in China.
London-based Peachy has raised $1.6 million for its health insurance platform. The startup tailors its digital platform to millennials and aims to expand its services to SMEs. Check out the 18-slide deck used to raise the fresh funding. A startup that has created a digital health insurance platform for millennials and service workers has closed a $1.6 million seed round. Their backers included the likes of Dr Damien Marmion, ex-CEO of global insurance provider Axa Global Health, Eva Maria Barbosa, partner at global law firm Clyde and Co, and Sian Fisher, ex-CEO of the Chartered Institute of Insurers, among others.
REUTERS/Hannah McKayLONDON, Oct 11 (Reuters) - Britain's Damien Hirst started burning hundreds of his artworks on Tuesday after collectors chose to keep their non-fungible tokens (NFTs), blockchain-based assets representing their digital images, instead. Hirst, who found fame amid the 1990s Young British Artist scene, launched his first NFT collection "The Currency" - 10,000 NFTs corresponding to 10,000 original artworks depicting colourful spots - in July 2021. Register now for FREE unlimited access to Reuters.com RegisterIt said artworks for non-exchanged NFTs would be destroyed and vice versa. "A lot of people think I’m burning millions of dollars of art but I’m not, I’m completing the transformation of these physical artworks into nfts by burning the physical versions," Hirst wrote on Instagram on Monday. Asked how he felt to be burning the works, Hirst said: "It feels good, better than I expected."
Capital outflows from emerging markets ex-China which only ended in August were akin to those during the 2013 taper tantrum, the IIF said in September. "Emerging market fortunes continue to rest quite heavily on what the Fed does," said Manik Narain, head of emerging markets strategy at UBS. Major emerging market central banks had delivered nearly 6,000 basis points in rate increases in 2022 until end-August in their inflation fight, Reuters calculations show. Developing central banks find themselves in different stages of the tightening cycle, said Claudia Calich, head of emerging market debt at M&G Investments. However, there is little let-up on the cards for smaller, riskier emerging markets.
Goldman Sachs "significantly" cut its oil price forecasts Tuesday amid fears of slowing economic growth. Still, analysts led by Damien Courvalin said crude will likely bounce off current levels, with oil hovering right around a nine-month low. Courvalin now forecasts Brent averaging $100 per barrel during the fourth quarter, down from a prior target of $125. He sees the contract averaging $105 for the first half of 2023, and $110 for the back half of next year. Both WTI and Brent briefly spiked above $130 per barrel, sending prices at the U.S. pump surging to record levels.
Morningstar has revealed its pick of global stocks with the highest dividend yields. In a note entitled, "Our Ultimate Stock Pickers' ... Dividend-Yielding Stocks," Morningstar noted that searching for yield can be risky given the current volatility. In fact, three of the stocks have the potential to rise by more than 30%, according to Morningstar's analysts. GSK London-headquartered pharmaceutical giant GSK is also undervalued by more than 40%, according to Morningstar analyst Damien Conover. Philips' stock, which also trades in New York, has fallen to a decade low following criticism over its handling of a global recall of respiratory machines.
Bonds lead losses as rate hikes hit; yen in focus
  + stars: | 2022-09-23 | by ( Tom Westbrook | ) www.reuters.com   time to read: +4 min
World stocks (.MIWD00000PUS) hit two-year lows on Thursday and are down 3% this week. "The 10-year was playing catch up to the newly calibrated cash rate," said Westpac's head of rates strategy, Damien McColough, in Sydney. I think that this volatility continues in all markets in the near term (until) the rates market settles." The euro was last at $0.9844, a fraction over Thursday's 20-year trough at $0.9807 -- although all eyes are on the yen. In commodity markets oil is eying a small weekly loss as rate hikes raise demand concerns.
FILE PHOTO - Damien Sanderson and Myles Sanderson, who are named by the Royal Canadian Mounted Police (RCMP) as suspects in stabbings in Canada's Saskatchewan province, are pictured in this undated handout image released by the RCMP September 4, 2022. RCMP/Handout via REUTERSOTTAWA, Sept 21 (Reuters) - Preliminary tests found no signs of external trauma that could have caused the death of a mass stabbing suspect who died in police custody after one of Canada's deadliest mass violence incidents earlier in September, a coroner said on Wednesday. read moreRegister now for FREE unlimited access to Reuters.com Register"The preliminary results of the autopsy for Myles Sanderson has found no blunt force trauma causing his death," Saskatchewan's chief coroner Clive Weighill told reporters. Weighill said officials were still waiting for other test results, including toxicology and neuro pathology reports, before determining the cause of Myles' death. "This is very, very preliminary, but that's the best I can give you right now," Weighill said.
Tagovailoa completed 36 of 50 passes for 469 yards and six TD passes, tied for the second-most in a single game in NFL history. Buccaneers 20, Saints 10Tom Brady threw a tiebreaking touchdown pass to Breshad Perriman as visiting Tampa Bay defeated New Orleans. Lawrence completed 25 of 30 passes and Christian Kirk caught both touchdown passes for the Jaguars (1-1). Marcus Mariota pulled the Falcons (0-2) to within 31-17 with an 11-yard touchdown pass to Olamide Zaccheaus with 8:14 left in the game. Rush tossed a 9-yard touchdown pass to Noah Brown to cap a 12-play, 75-yard drive in the first quarter.
Utah County Attorney David O. Leavitt speaks on July 31, 2019, in Provo. The accusations were part of a new case from Utah County Sheriff Mike Smith. Discussion about satanism and satanic abuse has increased in recent years, according to data provided to NBC News by Zignal Labs, which analyzes social media conversations. Popular culture and social media have also ferried ideas about satanism and widespread child abuse from fringe to the mainstream. (Anti-LGBTQ politicians and activists have equated LGBTQ people with predators who abuse children as part of a “gay agenda,” the well-worn panic that the gay rights movement’s true motivation is recruitment.
Imagining possibilities is a big part of planning; I want LGBTQ women to be able to imagine success. LGBTQ women rarely see themselves reflected in the wealthiest groupsData on both LGBTQ people and women of all orientations evidences economic precarity for many people within these lived experiences. Transgender women have an even higher likelihood of experiencing life on a low income. McKinsey reported last year that cisgender people took home 32% higher wages for the same work transgender people did. LGBTQ women and others tend to resource stability and community outside social norms.
Echipa națională de tenis a Republicii Moldova a început cu dreptul evoluția în Grupa a IV-a a Zonei Europene a Cupei Davis 2021. "Tricolorii", conduși de căpitanul Iurie Gorban, au învins reprezentativa similară a Andorrei cu 3-0 la competiția ce se desfășoară la Skopje, în Macedonia de Nord.În prima partidă, Ilie Snițari a dispus de Damien Gelabert cu 6-1, 6-2. Într-un alt meci la simplu, Alexander Cozbinov s-a impus fără drept de apel în fața lui Eric Cervos Noguer, scor 6-0, 6-0.Ultima partidă a fost cea de dublu, în care perechea Snițari/Cozbinov s-a descurcat de minune în fața duetului Gelabert/Cervos Noguer, câștigând cu un dublu 6-1.Moldova mai are de jucat cu San Marino, Kosovo și gazda Macedonia de Nord. Primele două clasate vor promova în Grupa a III-a a Zonei Europene a Cupei Davis.Din lotul selecționatei țării noastre mai fac parte tenismenii Maxim Cazac și Andrei Gorban.
Persons: Cupei Davis, Iurie Gorban, Ilie Snițari, Damien Gelabert, Alexander Cozbinov, Eric Cervos, Cazac, Andrei Gorban Locations: Republicii Moldova, Andorrei, Skopje, Macedonia, Nord.În, San Marino, Kosovo, Macedonia de Nord
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