News highlights for 17 April
REUTERS/Bobby Yip/File Photo
Ant Financial sweetens bid for MoneyGram to clinch deal
BEIJING (Reuters) – China’s Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm’s board, although it still faces regulatory hurdles. Read more…
Berkshire Hathaway teams up with Chinese property website
(Reuters) – A real estate brokerage controlled by Warren Buffett’s Berkshire Hathaway Inc on Monday announced a marketing agreement with Juwai.com, China’s largest international property website, to attract wealthy Chinese citizens hoping to buy homes in the United States. Read more…
Google opens up Android to rivals in Russia
MOSCOW (Reuters) – Alphabet Inc’s Google will open up its popular Android mobile operating system to rival search engines in Russia as part of a deal to settle a two-year dispute with Russian competition authorities. Read more…
Apple gets permit to test self-driving cars in California
(Reuters) – Apple Inc has secured a permit to test autonomous vehicles in California, fuelling speculation that it is working on self-driving car technology in a crowded arena of companies hoping to offer those cars to the masses. Read more…
Snap stock falls over owner’s comments about ‘poor’ countries
SAN FRANCISCO (Reuters) – Shares of Snap fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritizing growth in India and Spain because they were “poor” countries. Read more…
Facebook shareholders propose reports on ‘fake news’ risk
(Reuters) – Shareholders have proposed that Facebook Inc prepare a report on the threat to democracy and free speech from so-called fake news spread on the social media forum, and the dangers it may pose to the company itself, according to a proxy filing made on Friday. Read more…
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