President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as […]
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South African operator MTN is facing a rocky situation in Syria, as the company was placed under a judicial guardianship following a court battle that went in favor of the country’s telecoms regulator. The Syrian Telecommunications and Post Regulatory Authority had previously accused the provider of mismanagement and violations of its licensing contract. According to […]
Lawyers for a senior executive for Chinese communications giant Huawei Technologies were in court Monday arguing evidence should be introduced which would undermine the case to have their client extradited to the U.S. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. The […]
Swedish automaker Volvo announced on Tuesday plans to become a fully electric car company by 2030, a company statement reported. According to Volvo, the automaker intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. The company’s transition towards becoming a fully […]
Fashion is off the hamster wheel, taking a deep breath that is allowing some freshness to seep into the once relentless cycle. “It is so weird thinking about fashion, and the kind of hamster wheel of fashion, and how we never had a break and always complained about it,’’ Marc Jacobs said during a Milan […]
India-based digital network integrator Sterlite Technologies (STL) announced on Monday that it has renewed and extended deals with leading telecoms providers in the Middle East and Africa region (MEA). According to a company statement, the deals are worth more than $100 million, taking STL’s order book to a record high, while exhibiting the company’s unwavering […]
Many Republican lawmakers have criticized governors’ emergency restrictions since the start of the coronavirus outbreak. Now that most legislatures are back in session, a new type of pushback is taking root: misinformation. In their own comments or by inviting skeptics to testify at legislative hearings, some GOP state lawmakers are using their platform to promote […]
It was last week’s longest distance phone call, with International Space Station Astronaut Victor Glover welcoming VP Kamala Harris for a virtual chat in honor of U.S. Black History Month. In the video recorded Feb. 24 and shared by NASA on Saturday Feb. 28, the long-distance phone call ranged from the legacy of human spaceflight […]
Twitter is branching out from advertising to find more ways to make money — both for itself and for its most prolific users, whether those are businesses, celebrities or regular people. In an investor presentation Thursday, the social media company announced a new feature called “Super Follows,” which will let users charge for extra, exclusive […]
Iran’s impoverished southeast has been experiencing wide disruptions of internet services, experts said, as unrest gripped the remote province after fatal border shootings. Several rights groups reported in a joint statement that authorities shut down the mobile data network in the restive province of Sistan and Baluchestan, calling the disruptions an apparent “tool to conceal” […]