June 15, 2021

Making the most out of audio and voice

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As audio-enabled smart speaker devices have seen a sharp rise in popularity this year, there are definite opportunities to monetize and reach wider audiences. By Sahar Amer From Reuters Community he popularity of using smart speakers is growing at a similar pace to the use of mobile phones. The International News Media Association (INMA) report, Audio […]

Top Chinese and US envoys discuss next step in trade war talks

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By kinting Lo From South China Morning Post High-level contact suggests both countries keen to keep up momentum despite arrest of Huawei executive Sabrina Meng Wanzhou, analyst says Top Chinese and US trade negotiators have discussed plans for renewed trade talks, the first time senior officials from both countries have had official contact since the […]

Xi Jinping urges China to become more self-reliant during tour of southern manufacturing hub

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By He Huifeng From South China Morning Post Chinese President Xi Jinping has said that China must become “self-reliant”, state media reported, as he toured the country’s manufacturing hub. Xi arrived in the southern province of Guangdong on Monday, and visited the precision moulding plant and a key laboratory at Gree Electric Appliances in Zhuhai, […]

EU draft law would force sites to remove extremist content

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By Jon Fingas From engadget It doesn’t believe self-policing is good enough. The European Union is no longer convinced that self-policing is enough to purge online extremist content. The Financial Times has learned that the EU is drafting legislation to force Facebook, Twitter, YouTube and other internet companies to delete material when law enforcement flags […]

Tesla surges after Elon Musk follows up a $2 billion investment report with a tweet saying he might take the company private (TSLA)

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By Graham Rapier From Business Insider Tesla spiked more than 7% Tuesday after the Financial Times reported Saudi Arabia’s investment fund had amassed a $2 billion stake in the company. CEO Elon Musk tweeted shortly after that he was “considering taking Tesla private at $420.” Tesla shares were halted at 2:08 pm for more news. […]

McGuireWoods’ Matthew Sperry honored on Legal Week’s Private Client Global Elite list

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NEW YORK and LONDON – McGuireWoods partner Matthew Sperry is among the world’s elite private client and trust practitioners selected for Legal Week’s prestigious Private Client Global Elite list. Sperry, chair of McGuireWoods’ global private client practice, handles U.S. tax, corporate and securities matters for global ultra-high-net-worth clients and the financial services firms that serve […]

Abraaj audit finds funds mingled corporate and investor cash

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By Simeon Kerr From Financial Times Private equity group lacked governance but did not embezzle funds, Deloitte finds Abraaj dipped into investor funds because of cash shortages at the group, but there is no evidence of embezzlement, a forensic review of two funds at the struggling private equity firm by Deloitte has found. The emerging-markets […]

Fiat Chrysler reportedly phasing out diesel passenger cars by 2022

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By Rob LeFebvre From engadget The move follows emissions-related lawsuits. Fiat Chrysler’s diesel plans are back in the spotlight again. The Italian-American car maker was hit with several lawsuits last December, each claiming that the company’s heavy-duty pickup trucks used devices aimed at cheating emissions tests. Last month, the EPA said that Chrysler had violated […]

Honda sets aside $605 million to settle Takata airbag claims

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By Mariella Moon, From engadget The Japanese automaker was Takata’s biggest customer. The Takata airbag scandal affected several companies, but Honda felt its impact the most. Now, the Japanese automaker has agreed to a $605 million settlement to pay for buyers’ claims related to the deadly airbags in the US. The money Honda set aside […]