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"
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"
BEIJING – China has asked four U.S. media organisations to submit details about their operations in the country, the foreign ministry said on Wednesday, in what it described as retaliation for U.S. measures against Chinese media outlets. The Associated Press (AP), UPI, CBS and National Public Radio (NPR) are required to provide information about their staff, financial operations and real estate in China within seven days, ministry spokesman Zhao Lijian told a daily news briefing.…"China orders some American media to give details on staff, after U.S. move"
LONDON – The United Kingdom said on Wednesday that China’s imposition of a security law on Hong Kong was a “clear and serious” violation of the 1984 Joint Declaration and called on the People’s Republic to honour its international obligations. “We have very carefully now assessed the contents of this national security legislation since it was published last night,” Foreign Secretary Dominic Raab told and the BBC. “It constitutes a clear violation of the autonomy…"UK says China’s security law is serious violation of Hong Kong treaty"
– Top business executives in the United Sates are calling on the U.S. Congress to pass bipartisan policing reform before its August recess, in the wake of protests against police brutality and racial bias in the criminal justice system. “Congress cannot afford to let this moment pass,” Joshua Bolten, the president and chief executive of The Business Roundtable group, said in a statement on Wednesday. “There is room for bipartisan agreement on many critical issues…"Top U.S. business executives urge Congress to pass bipartisan policing reform"
BEIJING – China’s foreign ministry said on Wednesday that the Chinese government has asked some U.S. media outlets present in the country to submit information about their China operations. Ministry spokesman Zhao Lijian named the Associated Press, CBS and United Press International news agency as companies asked to submit the requested information in writing within seven days."Beijing asks some U.S. media to submit information about their China operations"
– Netflix Inc on Tuesday appointed Bozoma Saint John as the streaming giant’s chief marketing officer, starting in August, adding a high-profile Black executive to senior management. Saint John, who has been vocal about inequality in corporate America, joins from entertainment and talent agency Endeavor where she was the head of marketing since 2018. She also previously worked at Apple Inc and Uber Technologies Inc. The appointment comes at a time as U.S. companies are…"Netflix names Bozoma Saint John as chief marketing officer"
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"
– The Agnelli family’s investment holding company, Exor NV , said on Tuesday it now has a 92.03% stake in GEDI Gruppo Editoriale S.p.A. following a mandatory tender offer for the remaining shares of the Italian publisher. Shareholders of GEDI will be paid 0.46 euro per share on July 6, 2020, Exor said in a statement with preliminary results of the mandatory offer that ended on Tuesday. GEDI shares would be delisted following the deal.…"Exor raises stake in Italian publisher GEDI to over 90%"
– The U.S. Department of Health and Human Services said on Tuesday it would extend its partnership with private pharmacies and grocery chains to provide better access to COVID-19 testing. The partnership with CVS Health Corp, Rite Aid Corp, Walgreens boots Alliance Inc, Kroger and Walmart Inc has been scaled up to more than 600 COVID-19 testing sites across the country. About 70% of the testing sites under the program are located in areas that…"HHS extends partnership with retailers to boost COVID-19 testing"