Category Archives: Business

US should get a very large percentage of TikTok sale proceeds: Trump 

President Donald Trump has demanded that the US treasury should get a substantial chunk of the TikTok sale proceeds, as he set September 15 as the deadline for the popular Chinese short video app to be out of business in the country unless it is bought by an American company.

Read More on Times of India

BP slashes its dividend payout to shareholders 

BP investors will now receive just 4p per share, compared with 7.8p last time around, as the oil crash hammers its payout.

Read More on Mail Online

Airlines Need To Get Fully On Board If Renewable Jet Fuels Are To Take Off 

If renewable jet fuels are to gain market share and cut CO2 emissions, then the airlines need to get on board and sign long-term contracts with biofuel suppliers.

Read More on Forbes

Randomized Control Testing: A Science Being Tested To Measure An Advertiser’s ROI 

The Advertising Research Foundation is collaborating with a few companies to establish methods for applying randomized control testing (RCT) to cross-platform ad impact analysis.

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Australia: Melbourne to enforce new pandemic measures 

Residents of the eastern Australian city are now under strict lockdown due to a surge in coronavirus cases. Hundreds of thousands of people will not be able to work for several weeks.

Read More on DW

Facebook moderators call for advertiser boycott to be extended 

Action needs long-term commitments to be is more than ‘PR stunt’, employees sayCurrent and former Facebook moderators have called for the unprecedented advertiser boycott of the site to be extended to prove that the action is more than a “PR stunt”.Speaking to the Guardian, one current moderator who asked to remain anonymous because they feared for their job […]

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Outbreak hits Norway cruise ship, could spread along coast 

A Norwegian cruise ship line has halted all trips and apologized Monday for procedural errors after an outbreak of coronavirus on one ship infected at least 5 passengers and 36 crew members

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Swan Removes Plastic Waste, Cleans Shore In Video 

In a 20-second video, the swan can be seen cleaning the shore by removing dirt, especially plastic waste.

Read More on IB Times

IFSCA constitutes panel for development of international retail business in IFSC 

“The committees may also examine and recommend any other issues which are important though not specifically mentioned in the above terms of reference,” it added.

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$14 Million DyeMansion Investment Ensures A Colorful Future For 3-D Printing 

DyeMansion, a leader in additive manufacturing finishing systems, has just raised $14 million in a Series B funding round. This brings the company’s total investment to $24 million.

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TikTok row: Microsoft pursues deal as China vows to resist US sanctions 

Acquisition plans confirmed hours after Mike Pompeo says Chinese firms feeding data to Communist partyChina has pushed back against the threat of further action by the US against its software companies, after Microsoft revealed it was pursuing an acquisition deal for TikTok.On Sunday the US secretary of state, Mike Pompeo, told Fox News that Donald Trump was […]

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Gym group DW Sports goes into administration, with 1,700 jobs at risk 

DW Sports, which operated 73 gyms and 75 stores in the UK, plans to close all of its retail sites for good and its website will cease trading immediately

Read More on Independent

Microsoft talks to buy TikTok’s US operations spark ire in China 

A potential shotgun wedding to Microsoft Corp for TikTok’s US operations provoked an outcry on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. The US tech giant formally declared its interest on Sunday after President Donald Trump, who has cited national security risks posed by the Chinese-owned short vi […]

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From Minecraft Tricks to Twitter Hack: A Florida Teen’s Troubled Online Path 

The teenage “mastermind” of the recent Twitter breach, who had a difficult family life, poured his energy into video games and cryptocurrency.

Read More on NY Times

Lord & Taylor Files for Bankruptcy as Retail Collapses Pile Up 

The department store, which traces its roots to 1826, was struggling before the coronavirus hit. Its owner, the clothing rental start-up Le Tote, also filed for bankruptcy.

Read More on NY Times