Russia blocks China's biggest messaging app
HONG KONG (CNNMoney) — China's most popular messaging app has been blocked in Russia. Moscow's communications regulator has added WeChat to its list of prohibited websites, according to Russian state news agency TASS.The messaging app ran afoul of laws requiring companies that distribute information online to register with government authorities in Russia.Operated by tech giant Tencent, WeChat has about 900 million monthly active users, the vast majority of whom are in China.Tencent said in a s..>> view originalBuffett Confronts Search for Next Big Thing After Missed Chances
Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway Inc. shareholders over the weekend was a sobering fact: Finding the next big thing is hard.The Berkshire chief executive officer spoke at length Saturday about his failure to pounce on opportunities in tech stocks, the challenge of lining up large deals, and his frustration with a cash pile that’s approaching $100 billion.“We shouldn’t use your money that way for long periods,” Buffett said of the cash during his ..>> view originalEuro hits 6-month high, Asia shares firm after French vote relief
TOKYO The euro hit a six-month high against the dollar on Monday while Asian shares gained and U.S. stock futures briefly touched a record high, on investor relief after centrist Emmanuel Macron comfortably won the French presidential election.Macron's emphatic victory brought comfort to investors and European allies alike, who had been nervous about the risk of another populist upheaval, following Britain's vote to quit the EU and Donald Trump's election as U.S. president - neither of which h..>> view originalHow to make United Airlines keep its promises
Like this topic? You may also like these photo galleries:AutoplayShow ThumbnailsShow CaptionsLast SlideNext SlideUnited Airlines CEO Oscar Munoz prepares to testify before a House Transportation Committee oversight hearing on May 2, 2017, on Capitol Hill in Washington.(Photo: Pablo Martinez Monsivais, AP)You could almost hear a collective groan from the traveling public last week when United Airlines CEO Oscar Munoz promised a congressional hearing that his airline would "do better" in the wake ..>> view originalSinclair Is Said to Be Near a Deal for Tribune Media
Growth would help the 46-year-old Sinclair gain more negotiating leverage in the television industry, which has consolidated rapidly in recent years. Adding stations would give the company more power over cable providers, which pay to retransmit stations’ broadcasts. It could also give Sinclair a presence in most of the country’s major markets. A deal for Tribune would also help Sinclair gird itself against growing online rivals like Netflix and Hulu, as well as content providers like CBS and t..>> view originalComcast, Charter in Wireless Pact -- WSJ
Cable giants reach a partnership as they seek a share of cutthroat business Comcast Corp. and Charter Communications Inc. are striking a wireless partnership, people familiar with the matter said, as the cable giants look to get a piece of the cutthroat business. As part of the deal, Comcast and Charter have agreed not to make a material merger or acquisition in wireless without the other's consent for one year, one of the people said. That agreement could stoke Wall Street speculation among..>> view originalContradictions obvious in Oklahoma budget strategy
AS lawmakers work on the state budget, not only is it unclear how they plan to address the $878 million shortfall, but it's also uncertain what principles are guiding their decisions. The rationales behind two recent budget bills involve directly ...>> view originalSaudi energy minister says may extend oil output cuts beyond 2017
KUALA LUMPUR Saudi Arabia's energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017. The Organization of the Petroleum Exporting Countries (OPEC), of which Saudi Arabia is the de-facto leader, and other producers including Russia, pledged to cut output by 1.8 million barrels per day (bpd) during the first half of the year ..>> view originalGander Mountain closing? Not so fast says new owner Marcus Lemonis
Marcus Lemonis, CEO and Chairman of Camping World and host of CNBC's TV show, "The Profit," speaks to guests Friday, July 31, 2015, during the Camping World Richmond SuperCenter grand opening.(Photo: Palladium-Item Joshua Smith, Joshua Smith/Palladium-Item)Over the weekend, news spread of Gander Mountain closing all of its remaining stores, worrying employees and loyal customers that the longtime outdoor specialty brand would soon be no more.But CNBC's "The Profit" Marcus Lemonis, who now owns G..>> view originalChina's April trade growth slows as commodities, electronics demand cools
Beijing China's import growth slowed faster than expected in April, as inbound shipments of commodities such as iron ore and copper weakened, while export growth more than halved, in line with a general cooling in demand for electronic gadgets.China's April imports rose 11.9 percent, cooling from March's 20.3 percent rise, official data showed on Monday, and missing analysts' expectations for an 18 percent rise.Exports rose 8.0 percent from a year earlier, slowing from a 16.4 percent rise in t..>> view original
Monday, May 8, 2017
Russia blocks China's biggest messaging app and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment