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

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. …

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

Foxconn’s woes 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 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 …

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

Foxconn apologises 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, terms Apple says it has team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday a pay-related “technical error” …

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Sony to expand Chinese game incubator in Microsoft head-to-head

Sony to expand Chinese game incubator in Microsoft head-to-head HONG KONG, Nov 23 (Reuters) – Sony Group Corp (6758.T) said it plans to expand a program to identify and incubate Chinese-made games, in a race with Microsoft Corp (MSFT.O) to tap China’s gaming market. The program will invest more than 1 million yuan ($140,080) in …

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Stick-wielding men smash surveillance cameras at China iPhone plant

Stick-wielding men smash surveillance cameras at China iPhone plant SHANGHAI, Nov 23 (Reuters) – Men wielding sticks smashed surveillance cameras and windows at a massive campus owned by Apple (AAPL.O) supplier Foxconn (2317.TW) in the Chinese city of Zhengzhou, scenes broadcast live on the Kuaishou short video platform showed on Wednesday. Hundreds of workers protested …

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Musk says Twitter to hold off relaunching blue check verification

Musk says Twitter to hold off relaunching blue check verification Nov 21 (Reuters) – Twitter’s new owner Elon Musk said on Monday the social media company is holding off the relaunch of its blue check subscription service, a delay from his initial attempt timeline to bring back the service on the platform. “Holding off relaunch …

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EXCLUSIVE Bankman-Fried’s FTX, parents bought Bahamas property worth $121 mln

EXCLUSIVE Bankman-Fried’s FTX, parents bought Bahamas property worth $121 mln FTX unit bought 7 condos in high-end resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 mln vacation home Bankman and Fried tell Reuters: Seeking to return deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior …

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Crypto lender Genesis says no immediate plans to file for bankruptcy

Crypto lender Genesis says no immediate plans to file for bankruptcy Nov 21 (Reuters) – Cryptocurrency lender Genesis said on Monday it has no immediate plans to file for bankruptcy, days after the collapse of crypto exchange FTX forced it to suspend customer redemptions. “We have no plans to file bankruptcy imminently. Our goal is …

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Collapsed FTX owes nearly $3.1 billion to top 50 creditors

Collapsed FTX owes nearly $3.1 billion to top 50 creditors Nov 20 (Reuters) – Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its top 10 creditors, it said in a court filing on Saturday, without …

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