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Wednesday, November 19, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Facebook critics target one thing CEO Mark Zuckerberg won’t cede: Control

Diminishing Zuckerberg’s control over Facebook is almost entirely out of the question. The CEO has almost 60% of the company's vote under a special class of shares.

Pompeo’s bid to extend arms embargo on Iran finds pushback at UN

China, Europe and Russia Tuesday disputed a US assertion that it holds the right to reimpose UN sanctions even though it quit the accord in 2018.

UK says only matter of time before Huawei exits 5G network

Culture Secretary Oliver Dowden says the UK welcomes alternative vendors, including South Korea’s Samsung Electronics Co. and Japan’s NEC Corp.

What Hong Kong’s new security law means for business

Continued uncertainty over the law’s implementation, response by protesters and retaliation from US may restrain Hong Kong’s economic recovery from Covid.

Biden leads Trump in poll showing 87% are unhappy with the state of US

While a slim majority believe Trump can handle the economy better, Biden is viewed by more Americans as a good role model, honest and someone who cares.

IMF sees Asia’s economic pain persisting as coronavirus curbs limit recovery

While regional growth is tipped to rebound to 6.6% next year, that won’t be enough to replace all of the output lost due to the crisis. Image is fine

America risks 100,000 daily Covid cases if behaviours don’t change, Fauci says in warning

Infectious diseases expert Dr Fauci pinpointed indoor gatherings, particularly bar scenes, to say the US was going in the wrong direction in tackling the virus.

US says China’s Huawei & ZTE are security threats, bars use of subsidies to buy from them

The security threat designation means service will suffer as small carriers, cut-off from US govt subsidies, will have to shut down parts of their network.

Vodafone Idea says its survival depends on lenience of lenders & Supreme Court of India

Vodafone Idea, fighting for survival as it struggles to raise money to pay dues imposed by Supreme Court, reported Rs 11,600 cr net loss in Jan-March quarter.

Indian airlines face risk of extinction as Modi govt refuses to rescue them

Indian airlines need $2.5 billion to keep flying, but Modi govt hasn’t doled out funds to industries or airlines backed by private businesses or billionaires.

On Camera

Cloudflare outage is a sharp warning to India. We’re exposed to foreign digital failures

Digital sovereignty cannot stop at government cloud systems. It must extend to the networking, CDN, AI, and security layers permeating the entire economy.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.