Tuesday, October 4

Tag: CYCS

Jeff Bezos fund to push for Africa land restoration around U.N. climate summit

Jeff Bezos fund to push for Africa land restoration around U.N. climate summit

News
Oct 4 (Reuters) - Billionaire Jeff Bezos's environmental fund is seeking to build a coalition with African and European countries around this year's U.N. climate summit to add heft to land restoration efforts, its top official told Reuters.As next month's COP27 in Egypt approaches, the Bezos Earth Fund is championing a cause to begin reversing deforestation and land degradation on 100 million hectares in Africa by 2030, said Andrew Steer, the philanthropic organization's chief executive. The so-called AFR100 initiative is led by some African Union countries."African farmers are suffering appallingly from climate change," Steer said during the Reuters IMPACT conference in a session recorded last week. Restoration's goal would be reducing carbon in the atmosphere and "better incomes for f...
Former Formula One supremo Ecclestone to face fraud trial next year

Former Formula One supremo Ecclestone to face fraud trial next year

News
LONDON, Oct 4 (Reuters) - Former Formula One boss Bernie Ecclestone was told in court on Tuesday he will face trial next year for a charge of tax fraud related to more than 400 million pounds ($454 million) of overseas assets.The 91-year-old appeared at London’s Southwark Crown Court accompanied by his wife Fabiana, having indicated a not guilty plea to one count of fraud by false representation at a hearing last month.Ecclestone is accused of having made an "untrue or misleading" representation to the British tax authority between July 2013 and October 2016, according to the Crown Prosecution Service indictment.Register now for FREE unlimited access to Reuters.comRegisterThe indictment says the British billionaire dishonestly told HM Revenue and Customs that he "established only a sing...
PlayStation eyes new investment for PC, mobile push

PlayStation eyes new investment for PC, mobile push

News
TOKYO, Oct 4 (Reuters) - Sony Group Corp's (6758.T) gaming business is looking at fresh investment to bolster its push into PC and mobile, a senior executive said, as the PlayStation 5 maker competes for talent with deep-pocketed rivals and as industry dealmaking heats up."Further investments in areas that will strengthen the expansion on to PC, on to mobile and into live services, that's definitely a possibility for us," Hermen Hulst, head of PlayStation Studios, told Reuters in an interview without providing further detail.Sony, whose studios are known for single player console games such as "Spider-Man" and "God of War", has outlined ambitious plans to release titles on PC and mobile and offer live service games, which provide continuous updated play.Register now for FREE unlimited a...
Court backs Twitter over complaint from conspiracy-plagued Dutch town

Court backs Twitter over complaint from conspiracy-plagued Dutch town

Social News
AMSTERDAM, Oct 4 (Reuters) - A Dutch court on Tuesday rejected calls from the town of Bodegraven-Reeuwijk for Twitter (TWTR.N) to do more to tackle posts about unfounded allegations that a ring of Satan-worshipping paedophiles were active in the town in the 1980s.The District Court in The Hague concluded the social media giant had "done enough to remove unlawful content about the 'Bodegraven story' from its platform," referring, among other things, to the permanent suspension of a Twitter account that contained defamatory and inflammatory tweets about the story.The town of around 35,000 inhabitants last month took Twitter to court and demanded it take down all messages related to unfounded stories of children being abused and murdered in Bodegraven decades ago.Register now for FREE unli...
Russian court fines TikTok $50,000 over refusal to delete LGBT content

Russian court fines TikTok $50,000 over refusal to delete LGBT content

Social News
MOSCOW, Oct 4 (Reuters) - A Russian court on Tuesday fined ByteDance-owned TikTok 3 million roubles ($51,000) over the social media platform's refusal to delete content Russian authorities say violate laws against spreading "LGBT propaganda."News agencies reported that the case against TikTok was based on accusations that the company was "promoting non-traditional values, LGBT, feminism and a distorted representation of traditional sexual values" on its platform.Russia is considering expanding its existing "gay propaganda" law, passed in 2013, which bans any person or entity from promoting homosexual relationships to children. Lawmakers have argued the law should be expanded to include adults as well and fines for exposing minors to "LGBT propaganda" should be increased.Register now for...
Indonesia authorities say 174 dead after soccer melee, stampede

Indonesia authorities say 174 dead after soccer melee, stampede

News
East Java stadium disaster apparently worst since 1964Around 180 injured during crowd stampedeIndonesia football association suspends league to investigatePolice say they fired tear gas to control crowdMALANG, Indonesia, Oct 2 (Reuters) - Up to 174 people were killed and 180 injured in a stampede at a soccer stadium after police sought to quell violence on the pitch, officials said on Sunday, in one of the world's worst stadium disasters.Officers fired tear gas in an attempt to disperse agitated supporters of the losing home side who had invaded the pitch after the final whistle in Malang, East Java, on Saturday night, the region's police chief Nico Afinta told reporters."It had gotten anarchic. They started attacking officers, they damaged cars," Nico said, adding that the crush occurr...
Tencent shifts focus to majority deals, overseas gaming assets for growth-sources

Tencent shifts focus to majority deals, overseas gaming assets for growth-sources

News
HONG KONG, Oct 1 (Reuters) - Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said.Tencent Holding Ltd (0700.HK) has for years invested in hundreds of up-and-coming businesses, mainly in the onshore market. It has typically acquired minority stakes and stayed invested as a passive financial investor.However, it is now aggressively seeking to own majority or even controlling stakes in overseas targets, notably in gaming assets in Europe, the four people with direct knowledge of the matter told Reuters.Register now for FREE unlimited access to Reuters.comRegisterThe shift comes as the world's...
Antonio Inoki, Japanese pro-wrestler politician with N.Korea ties, dies

Antonio Inoki, Japanese pro-wrestler politician with N.Korea ties, dies

News
TOKYO, Oct 1 (Reuters) - Antonio Inoki, a Japanese professional wrestling star turned politician, widely known for his match with Muhammad Ali and ties to North Korea, has died aged 79, after years of battling a rare disease, the company he founded said on Saturday."New Japan Pro-Wrestling is deeply saddened at the passing of our founder, Antonio Inoki," the company he started in 1972 posted on Twitter. "His achievements, both in professional wrestling and the global community are without parallel and will never be forgotten."Inoki became one of the biggest names on Japan's pro-wrestling's circuit in the 1960s. His fame went global in 1976 when he had a mixed martial arts match with boxing legend Muhammad Ali, billed as "the bout of the century".Register now for FREE unlimited access to...
Pizza company DP Eurasia posts H1 sales growth

Pizza company DP Eurasia posts H1 sales growth

News
Sept 30 (Reuters) - DP Eurasia (DPEU.L), which runs the Domino's Pizza brand in Turkey and Russia, said on Friday its sales jumped 66% in the first six months of the year, helped by strategic pricing and sustained volume performance.Before adjustments for hyperinflation in Turkey, sales at the group's own stores and franchise outlets rose to 1.75 billion Turkish lira ($94.37 million) in January to June, with growth of 58.9% in Turkey and 76.8% in Russia.($1 = 18.5415 liras)Register now for FREE unlimited access to Reuters.comRegisterReporting by Federica Mileo and Valentine Baldassari in Gdansk; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles. Source link
Apple senior exec leaves iPhone maker after remark in viral video

Apple senior exec leaves iPhone maker after remark in viral video

News
Sept 29 (Reuters) - Apple Inc's (AAPL.O) Tony Blevins, a key player in the company's supply chain operations, is leaving the iPhone maker, the company confirmed on Thursday, without providing a reason.The move comes after a TikTok video of the executive making a crude remark about women went viral. Bloomberg first reported Blevins' departure.In a video on TikTok published earlier this month, Blevins can be heard saying, "I have rich cars, play golf and fondle big-breasted women, but I take weekends and major holidays off" in response to a question on what he did for a living.Register now for FREE unlimited access to Reuters.comRegisterBlevins had been approached by TikTok content creator Daniel Mac at a car show as part of a video series in which Mac asks owners of expensive cars their ...