Tag Archives: firm’s

FDA tells four firms to stop selling flavored e-cigarette, hookah products

FDA tells four firms to stop selling flavored e-cigarette, hookah productsThe move comes against the backdrop of the FDA’s efforts to curb the usage of the addictive substances among young adults. The FDA said the products had been introduced into the market after the effective date of a rule that extended FDA’s authority to all tobacco products, thereby making them adulterated or misbranded.



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UK interior minister says social media firms must act after New Zealand shootings

UK interior minister says social media firms must act after New Zealand shootingsLONDON (Reuters) – Britain's interior minister Sajid Javid said social media firms must take action to stop extremism on their channels after Friday's shootings at two mosques left at least 49 people dead. Online accounts linked to the gun attacks had in recent days circulated white supremacist imagery and extreme right-wing messages celebrating violence against Muslims. Facebook, Twitter and YouTube said they would take down content involving the mass shootings which were posted online as the attack unfolded. …



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U.S. allows lawsuits against Cuban entities but shields foreign firms for now

U.S. allows lawsuits against Cuban entities but shields foreign firms for nowThe move marked an intensification of U.S. pressure on Cuba and also appeared aimed at punishing Havana over its support for Venezuela’s socialist president, Nicolas Maduro. Lawsuits in U.S. courts against Cuban enterprises, many linked to military and intelligence services, will be permitted beginning on March 19.



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U.S. lifts sanctions on Rusal, other firms linked to Russia's Deripaska

U.S. lifts sanctions on Rusal, other firms linked to Russia's DeripaskaEarlier this month, 11 of Trump’s fellow Republicans in the U.S. Senate joined Democrats in a failed effort to keep the sanctions on Rusal, its parent, En+ Group Plc, and power firm JSC EuroSibEnergo. Advocates for keeping the sanctions had argued that Deripaska, an ally of Russian President Vladimir Putin, retained too much control over the companies to lift sanctions imposed in April to punish Russia for actions including its annexation of Ukraine’s Crimea, efforts to interfere in U.S. elections and support for Syria’s government in its civil war. Some lawmakers from both parties also said it was inappropriate to ease the sanctions while Special Counsel Robert Mueller investigates whether Trump’s 2016 presidential campaign colluded with Moscow.



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Buyout Firms Tell U.K.: No-Deal Brexit Means No Deals

Buyout Firms Tell U.K.: No-Deal Brexit Means No DealsU.K. Trade Secretary Liam Fox urged the buyout firms — part of an industry that’s sitting on more than $ 1 trillion in investment firepower — to support Prime Minister Theresa May’s Brexit deal, the people said, declining to be identified because the conversation was private. British takeovers would become more risky due to rising economic uncertainty if the U.K. doesn’t leave the European Union in an orderly fashion, they said.



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San Francisco voters back 'homeless tax' on wealthy firms

San Francisco voters back 'homeless tax' on wealthy firmsSan Francisco voters backed a tax on the city’s wealthiest companies to tackle homelessness, passing a measure that divided the tech community. A tally posted Wednesday showed that 60 percent of voters in the city home to Airbnb, Uber, Salesforce, and Twitter cast ballots in favor of “Proposition C,” a local ballot measure brought about by a 28,000 signature petition this summer. A number of San Francisco’s tech bosses — including Twitter chief Jack Dorsey and Patrick Collison of payment startup Stripe — resisted the proposal.



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U.S. sanctions Russian, Chinese tech firms over funds for North Korea

U.S. sanctions Russian, Chinese tech firms over funds for North KoreaWASHINGTON/SEOUL (Reuters) – The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions. The new sanctions target China-based Yanbian Silverstar Network Technology Co, its North Korean chief executive Jong Song Hwa, and a Russian-based sister company, Volasys Silver Star, the U.S. Treasury Department said in a statement. “These actions are intended to stop the flow of illicit revenue to North Korea from overseas information technology workers disguising their true identities and hiding behind front companies, aliases, and third-party nationals,” Treasury Secretary Steven Mnuchin said in a statement.



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Factbox: U.S. tech firms bemoan impact of Trump trade tariffs

Factbox: U.S. tech firms bemoan impact of Trump trade tariffsThe following are comments made by U.S. tech companies since Trump’s announcement. ** Apple Inc said a “wide range” of its products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods but gave no sign of an impact on its iPhone. Apple said its MacMini, a low-priced computer that comes without a keyboard or mouse, would be affected.



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U.S. targets Chinese and Russian firms with breach of North Korea sanctions

U.S. targets Chinese and Russian firms with breach of North Korea sanctionsThe United States on Wednesday imposed sanctions on a Russian port service agency and Chinese firms for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of U.S. sanctions aimed at pressuring North Korea to end its nuclear programs. In a statement, the U.S. Treasury said China-based Dalian Sun Moon Star International Logistics Trading Co. Ltd and its Singapore-based affiliate SINSMS Pte. Ltd had netted over $ 1 billion a year by exporting alcohol and cigarette products to North Korea.



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US blacklists Russian firms tied to FSB hacking ops

US blacklists Russian firms tied to FSB hacking opsThe United States placed five Russian companies and three individuals on its sanctions blacklist Monday for allegedly supporting the FSB intelligence agency’s hacking operations, including a firm involved in subsea operations. The US Treasury named Digital Security and two subsidiaries as helping develop offensive cyber capabilities for Russian intelligence services, including the already-sanctioned FSB. The Kvant Scientific Research Institute was also included on the blacklist, as a state enterprise supervised by the FSB.



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