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Many shoppers can’t find Apple’s latest iPhones on Black Friday

BETHESDA, Md./NEW YORK, Nov 25 (Reuters) – Many shoppers looking for Apple’s ( AAPL.O ) latest high-end phones returned empty handed from its stores this Black Friday as the technology company struggles with production snafus in China. Among them were Sally Gannon and her son Michael, who were visiting an Apple store in Bethesda, where …

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US judge warns law firms in Clearview AI lawsuit over ‘disarray’

Summary Companies Law firms Loevy & Loevy affirmed as co-lead counsel in dispute with lawyer who left firm Judge says appointment order subject to change if in “best interest of the class” (Reuters) – Law firm Loevy & Loevy will remain as co-lead counsel in a proposed class action against facial recognition startup Clearview AI …

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Elon Musk says Twitter’s verified service with colors to start next week

Nov 25 (Reuters) – Twitter Inc is planning to roll out its verified service next Friday with different colored checks for individuals, companies and governments, after a botched initial launch led to a surge in users impersonating celebrities and brands on the platform. Chief Executive Elon Musk on Friday allocated colors for the categories – …

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Foxconn’s desperate to take bigger toll on giant China iPhone plant as more workers leave -source

Foxconn Zhengzhou plant’s Nov shipments to fall further – source Worker unhappiness at the plant escalated into protests this week Over 20,000 workers, mostly new recruits, have left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout …

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France’s OVHcloud gets 200 mln euro EIB loan for European investments

Nov 25 (Reuters) – The European Investment Bank has granted OVHcloud (OVH.PA) a 200 million euro ($208.18 million) loan to support the French software group’s expansion in Europe, they said in a joint statement on Friday. The funding will support OVHcloud’s plan to ramp up international development by opening 15 new data centres, of which …

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Elon Musk says Twitter will provide ‘amnesty’ to some suspended accounts starting next week

Nov 24 (Reuters) – Elon Musk said on Thursday that Twitter will provide a “general amnesty” to suspended accounts starting next week after running a poll on whether to do so for users who had not broken the law or engaged in egregious spam. In a poll Musk posted on Twitter on Wednesday, 72.4% of …

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FTC likely to file lawsuit to block Microsoft bid for Activision -Politico

Nov 23 (Reuters) – The US Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp’s (MSFT.O) $69 billion takeover bid for video game publisher Activision Blizzard Inc (ATVI.O), Politico reported on Wednesday, citing people familiar with the matter. A lawsuit challenging the deal is not guaranteed, and the FTC’s …

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Foxconn apologizes for pay-related error at China iPhone plant after worker unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in …

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Russia’s Yandex seeks Putin’s approval for restructuring – FT

Nov 24 (Reuters) – Russian internet giant Yandex NV (YNDX.O) is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for …

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Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks bounce as Treasury yields drop Tesla jumps as Citigroup upgrades Nordstrom falls on reduced profit forecast ROBOT Nov 23 (Reuters) – Wall Street’s main indexes ended Wednesday with solid gains after the Federal Reserve’s November meeting minutes showed interest rate hikes may slow soon. A “substantial majority” of policymakers agreed it would “likely …

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