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1970-01-01 08:00
Roundup: Hailee Steinfeld Is Dating Josh Allen; Corbin Carroll Injures Shoulder; Dejounte Murray Gets Extension
Hailee Steinfeld and Josh Allen are dating, Corbin Carroll has a shoulder injury, Dejounte Murray got an extension from the Hawks and more in the Roundup.
1970-01-01 08:00
SolarEdge Appoints New Director to Its Board
MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--Jul 7, 2023--
1970-01-01 08:00
Crypto exchange Binance hit by executive exodus
By Tom Wilson and Jaiveer Shekhawat (Reuters) -A string of executives have quit Binance, according to their tweets and media
1970-01-01 08:00
Elon Musk is so unbothered by Threads he’s threatening to sue Meta for ‘cheating’
In the run-up to Instagram launching Threads earlier this week - its “civil”, text-based alternative to Twitter - billionaire Elon Musk has criticised the rival app looking to compete with the platform he bought back in October for $44bn by calling out the amount of data it may collect on users. Now, after the Meta-run platform is out in the wild, Musk appears to be so riled up by its runaway success (Facebook co-founder Mark Zuckerberg reported 10 million sign-ups in the first seven hours after launch) that he’s threatening to sue Meta over what he considers “cheating”. News website Semafor shared a letter from Twitter lawyer Alex Spiro, in which he writes that the bird app has “serious concerns” Zuckerberg’s company has carried out “systemic, wilful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property”. It reads: “Over the past year, Meta has hired dozens of former Twitter employees. Twitter knows that these employees previously worked at Twitter; that these employees had and continue to have access to Twitter’s trade secrets and other highly confidential information; that these employees owe ongoing obligations to Twitter; and that many of these employees have improperly retained Twitter documents and electronic devices. “With that knowledge, Meta deliberately assigned these employees to develop, in a matter of months, Meta’s copycat ‘Threads’ app with the specific intent that they use Twitter’s trade secrets and other intellectual property in order to accelerate the development of Meta’s competing app, in violation of both state and federal law as well as those employees’ ongoing obligations to Twitter. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information.” Sign up to our free Indy100 weekly newsletter Crikey. Appearing to confirm the legal threat following Semafor’s report, Musk tweeted: “Competition is fine, cheating is not.” The remark has since been met with heavy ridicule: Meanwhile, Meta’s communication director, Andy Stone has taken to Threads to state: “No one on the Threads engineering team is a former Twitter employee – that’s just not a thing.” The Musk-Zuckerberg feud very much continues, though, to the extent there are continued rumours the two tech moguls could partake in a “cage fight” to settle their differences – yes, really. We’ll go and fetch the popcorn… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Amsterdam court gives green light to plan to reduce flights at busy Schiphol Airport
Appeals court judges in Amsterdam say the Dutch government can order Schiphol Airport, one of Europe’s busiest aviation hubs, to reduce the number of flights from 500,000 per year to 460,000
1970-01-01 08:00
Yellen criticises Chinese curbs against US firms
The US Treasury Secretary said decoupling the world’s two largest economies would destabilise the global economy.
1970-01-01 08:00
Marketmind: Data-hit bond markets end summer lull
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets
1970-01-01 08:00
A Lyft driver who fled the Taliban in Afghanistan was fatally shot in Washington, DC, police and charity say
A former Afghan interpreter who immigrated with his family to America in 2021 was shot and killed early Monday in Washington, DC, while on an extra shift as a Lyft driver, and police now are searching for suspects, authorities and a charity said.
1970-01-01 08:00
Jobs data one more piece of Fed's July rate hike puzzle
By Howard Schneider WASHINGTON U.S. Federal Reserve officials parsing whether to follow through with an expected interest rate
1970-01-01 08:00
Traders Brace for US Payrolls With Global Yields at 15-Year High
Bond investors are bracing for fresh signs of strength in the US labor market on Friday after Treasuries
1970-01-01 08:00
Here's what to expect from Friday's jobs report
Just one day before Friday's key monthly jobs report from the Bureau of Labor Statistics, private payroll processor ADP reported a massive, unexpected spike in hiring activity in June.
1970-01-01 08:00
