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Home Business (page 19)

Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

Why is Instagram suspending accounts?

By The Asian Affairs
November 1, 2022
in :  Business, Technology
Why is Instagram suspending accounts

Instagram made the announcement that it has ended an outage that had begun on Monday evening and continued into Tuesday morning, November 1. Due to the outage, some users were unable to access their accounts, while others received a notification from Instagram stating that their accounts will be suspended on October 31, 2022. It also resulted in sudden declines in …

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Musk deletes conspiracy theory tweet

By The Asian Affairs
October 31, 2022
in :  Business, Singapore, Technology
Musk deletes conspiracy theory tweet

Elon Musk, the new owner of Twitter, tweeted an anti-LGBT conspiracy theory about the night US Speaker Nancy Pelosi’s husband was attacked, then removed the remark hours later. The contradictory actions of Musk, a self-proclaimed “free speech absolutist,” threw further doubt on the future course of the social media platform under his new ownership. It also highlighted the enormous megaphone …

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As Elon Musk assumes control of Twitter, free speech restrictions are tested

By The Asian Affairs
October 29, 2022
in :  Business, Technology
As Elon Musk assumes control of Twitter, free speech restrictions are tested

The billionaire owner of Twitter Inc was inundated with pleadings and demands from banned account holders and world leaders within hours after Elon Musk inaugurated a new era for the company. As he had promised in an open letter to advertisers on Thursday, the CEO of electric vehicle manufacturer Tesla Inc faces the challenge of restoring free speech while keeping …

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Twitter shares will be suspended on the NYSE as Musk approaches a takeover

By The Asian Affairs
October 27, 2022
in :  Business, Economy
Twitter shares will be suspended on the NYSE as Musk approaches a takeover

The New York Stock Exchange will suspend trading of Twitter shares on Friday, October 28, according to its website, as billionaire Elon Musk confronts a court-ordered October 28 deadline to conclude his $44 billion bid for the social media company. Musk, the world’s richest person, visited Twitter’s offices in San Francisco on Wednesday and updated his profile bio to “Chief …

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Spotify condemns Ye’s remarks but continues to play his music

By The Asian Affairs
October 27, 2022
in :  Business, Entertainment, World
Spotify condemns Ye's remarks but continues to play his music

As firms across the globe, such as Adidas AG, severed connections with Kanye West, music streaming service Spotify Technology stated that it would not remove the rapper’s songs until his label requested it. The music of the singer now known as Ye did not break anti-hate laws, according to Spotify CEO Daniel Ek. Ek stated that if the rapper’s recent …

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Carousell data breach exposes email and mobile numbers

By The Asian Affairs
October 22, 2022
in :  Business, Criminal, Singapore
Carousell data breach exposes email and mobile numbers

On Friday (Oct. 21), e-commerce company Carousell informed its subscribers of a data breach that happened on Oct. 14. The breach revealed the registered email addresses, mobile phone numbers, and dates of birth of users. The platform notified affected consumers by email, but did not specify in the message why the notification took a week. In response to CNA questions, …

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Taylor Swift’s latest album, ‘Midnights’, breaks a new Spotify record

By The Asian Affairs
October 22, 2022
in :  Business, Entertainment, World
Taylor Swift's latest album, 'Midnights', breaks a new Spotify record

As a result of the publication of Taylor Swift’s most recent album, Midnights, Swifties all over the world have supposedly completely lost their minds. However, this may have resulted in a positive outcome. The record for the most albums streamed in a single day on the music streaming service Spotify was broken by the pop sensation on the day that …

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SpaceX launches Starlink for private jets

By The Asian Affairs
October 20, 2022
in :  Business, Technology, World
SpaceX launches Starlink for private jets

SpaceX expands its satellite internet unit’s venture into in-flight WiFi services with the launch of Starlink Aviation on Wednesday, offering clients a $150,000 airplane antenna in the face of intensifying competition in the airborne connectivity market. Starlink, SpaceX’s expanding network of thousands of internet satellites, will charge customers seeking broadband internet aboard private aircraft between $12,500 and $25,000 per month, …

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Kazuo Okada, a Japanese casino magnate, was arrested upon his arrival in Manila

By The Asian Affairs
October 19, 2022
in :  Business, Criminal, Japan
Kazuo Okada, a Japanese casino magnate, was arrested upon his arrival in Manila

Authorities arrested Japanese gambling magnate Kazuo Okada upon his arrival in Manila on Monday, October 17, for grave coercion charges filed by former business partners and executives. On Monday early morning, the Philippine National Police Aviation Security Group apprehended Okada at the Ninoy Aquino International Airport following his arrival from Haneda, Japan. In May, the Metropolitan Trial Court of Paranaque …

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Toni Gonzaga effect? Shopee sellers’ sales dip during 10.10

By The Asian Affairs
October 19, 2022
in :  Business, Entertainment, Philippines
Toni Gonzaga effect Shopee sellers' sales dip during 10.10

Some people believe that Shopee’s most recent endorser, Toni Gonzaga, is to blame for the fall in sales that online merchants on the platform are experiencing. Many people pointed out that the slowdown began in September and continued into October, even amid the shopping extravaganza that took place on October 10th. After the company selected the Filipino celebrity Toni Gonzaga …

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