WASHINGTON – The chief executives of the four U.S. tech giants — Amazon.com, Facebook, Alphabet’s Google and Apple — will testify before the U.S. Congress in late July as part of an ongoing antitrust probe into the companies, according to two sources familiar with the matter. Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, Sundar Pichai of Google and Apple’s Tim Cook will appear as part of the probe by the House of Representatives Judiciary Committee’s antitrust…"U.S. tech chief executives expected to testify before House panel in late July"
MEXICO CITY – Mexican first lady Beatriz Gutierrez sparked an uproar on social media on Wednesday with a Twitter comment widely viewed as insensitive when she swatted away a question about what she was doing to help parents of children with cancer. Gutierrez published a celebratory post on the two-year anniversary of the election victory of her husband President Andres Manuel Lopez Obrador in July 2018. Responding to her post, Twitter user Jose David Guerra…"Mexico’s first lady stirs Twitter storm with comment on kids with cancer"
NEW YORK – Comcast Corp’s NBCUniversal has struck a deal with ViacomCBS Inc to bring “The Godfather” trilogy, “Undercover Boss” and other hit franchises to the upcoming Peacock streaming video platform, the companies announced on Wednesday. Peacock, set to launch nationally on July 15 on mobile devices, Web and connected television platforms, will compete against Netflix Inc, Amazon.com Inc Prime Video, Walt Disney Co’s Disney+, Hulu, and AT&T Inc’s HBO Max in the fight for…"NBCU’s Peacock strikes deal with ViacomCBS to stream ‘The Godfather’ and others"
MUMBAI – Geetha Sridhar never used to enter her kitchen in Mumbai without her smartphone. The 54-year-old homemaker used to post dozens of short videos daily on the Chinese video app TikTok, mostly of herself cooking traditional recipes. With 1 million TikTok followers, she earned an average 50,000 rupees ($662) a month from companies who paid her to use their products. For thousands of Indian content creators like Sridhar, TikTok was a window into fame…"India’s TikTok stars feel pained by government app ban"
– ViacomCBS Inc said on Wednesday Amazon finance executive Naveen Chopra would replace Christina Spade as its chief financial officer, effective Aug. 10. Spade, who held the position since December, will transition into an advisory role after the company’s second quarter earnings results, the media company said in a statement Chopra, currently serving as the finance head for Amazon’s Devices and Services business, will report to ViacomCBS Chief Executive Officer Bob Bakish. Before Amazon, Chopra…"ViacomCBS taps Amazon executive to replace CFO Spade"
ISTANBUL – Turkey will introduce regulations to control social media platforms or shut them down, President Tayyip Erdogan announced on Wednesday, pressing ahead with government plans after he said his family was insulted online. Finance Minister Berat Albayrak, Erdogan’s son-in-law, said on Twitter on Tuesday that his fourth child had been born. Albayrak’s wife Esra was insulted by some users, who were later detained, according to Interior Minister Suleyman Soylu. Speaking to members of his…"Turkey determined to control social media platforms, Erdogan says"
NEW DELHI – India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen by , intensifying efforts to crack down on such businesses following a border clash between the nations. The Department of Telecommunications (DOT) said internet operators should “immediately block” access to such apps and their websites, warning of legal action if they fail to do so, according to notices issued late on…"India asks telcos, internet firms to block banned Chinese apps, ByteDance to hold talks"
WELLINGTON – America’s Cup holders Team New Zealand (TNZ) said on Wednesday they had asked police to investigate an alleged email scam after transferring money to a fraudulent Hungarian bank account. The New Zealand sailing team said they had sent the money to the wrong account after a European-based television contractor they were dealing with was hacked. Local media reported that more than NZ$1 million ($644,800) was sent to the account and TNZ chief executive…"Sailing: Team New Zealand informed police of loss in alleged email fraud"
SAO PAULO – Brazilian antitrust watchdog Cade on Tuesday said it was revoking its previous decision suspending Facebook Inc’s recently launched WhatsApp payments messaging service in partnership with card processor Cielo SA. Cade said preliminary information provided by both Cielo and Facebook indicates that their agreement does not limit new deals with rivals and does not reduce consumers’ choice. Still, Cade said it would continue investigating the partnership. Despite the agency’s decision, the payments service…"Brazil antitrust agency revokes decision blocking WhatsApp, Cielo venture"
WASHINGTON – The travel reservation company Booking.com, a unit of Booking Holdings Inc, deserves to be able to trademark its name, the U.S. Supreme Court decided on Tuesday, overruling a federal agency that found it too generic to merit protection. The court decided 8-1 that the U.S. Patent and Trademark Office was incorrect when it denied the company’s application to trademark the name Booking.com, with the justices finding it distinctive enough that the agency should…"‘Not a generic name’: Booking.com wins trademark fight at U.S. Supreme Court"