Friday, May 14, 2021

Google leads US business push to preserve work permits for H-1B spouses

The organizations contend undoing employment authorization for spouses would cause financial havoc for families, because most made life choices such as having children or buying homes based on the expectation of two incomes. https://ift.tt/3bu6rqz

Pinterest to test livestreaming with 21 creators this month

Social media firm Pinterest is entering the live-streaming business with a virtual event with 21 creators this month. https://ift.tt/2RWzUTm

Facebook loses court fight over halting EU-US data transfers

The Irish watchdog had launched its inquiry last year shortly after a ruling by the EU's top court striking down an agreement covering EU-U.S. data transfers known as Privacy Shield, saying it didn't do enough to protect users from U.S. government cybersnooping. https://ift.tt/2RWiO7S

Foxconn profit leaps as COVID-19 drives demand for work-from-home devices

Officially known as Hon Hai Precision Industry Co, the firm January-March net profit rocketed to T$28.2 billion ($1 billion) from T$2.1 billion a year earlier, when the company's business was badly hit by the early outbreak of the COVID-19 pandemic https://ift.tt/3ojB8E9

Amazon says to create 10,000 new jobs in Britain in 2021

Amazon said the new jobs will include roles across its operations network, at its corporate offices and Amazon Web Services (AWS). https://ift.tt/2STaTZG

Elon Musk's Bitcoin turnaround pleases some Tesla investors

The Tesla boss' tweets, which had helped drive some of the gains in bitcoin in recent months, this week triggered a 17% slide in the value of the cryptocurrency when he said his company's customers would no longer be able to use bitcoin to buy its cars. https://ift.tt/3uR9mRQ

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...