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Wednesday, November 19, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Ad boycott pressure shows it’s time for Facebook and Mark Zuckerberg to bend

While Zuckerberg has long been adamant it is not Facebook’s job to be the “arbiter of truth,” there is no better climate, than now, to alter that stance.

US sanctions over Hong Kong security law threaten $1.1 trillion in Chinese funding

Global banks could also be at risk from the new sanctions since Chinese officials, their relatives and associates may also be their customers, analysts said.

These are the 27 major companies that plan to stop advertising on Facebook

Critics of Facebook Inc. have assailed the social network as failing to adequately police hateful and misleading content on its service.

Boris Johnson vows ‘new deal’ to rebuild post-virus UK economy

According to extracts of his speech, the UK PM will compare his program to Roosevelt’s 'New Deal', which used govt spending to help US out of the Great Depression.

Taliban bounties to kill Americans would be a new low even for Putin

If the bounty reports are accurate, the US should consider revising sanctions on individuals at senior levels of Russian government, including Putin himself.

After lockdown punch, Indian companies are hit by Chinese shipments stuck at ports

Stopping Chinese imports will hurt businesses that placed orders before the border clashes, but the govt is working on resolving this, Union minister Nitin Gadkari had said.

How Trump’s H1B visa freeze endangers Indian IT industry’s talent deployment model

Outsourcing companies are dealing with the unpredictability of the visa situation and the prospect that a H-1B revamp could severely limit sending talent overseas.

New York Times stops providing stories to Apple News Service

NYT's exit is a notable setback for the Apple News service, which has been criticised for its revenue split and limiting the user data provided to content companies.

Why hedge fund managers aren’t buying the rally in Indian stocks

The Sensex has rebounded 34% from its March low but the jury is still out with the IMF cutting India’s growth outlook by the most among all major economies.

China approves Hong Kong security law, risking US anger

The measure to punish acts of secession, subversion, terrorism and collusion with foreign forces comes on the eve of the anniversary of Hong Kong’s return to Chinese rule.

On Camera

Don’t blame Lamborghini driver. Indian toll plazas are for Maruti 800 era, not supercars

Who knows the Lamborghini guy escaped the toll on purpose. After all, they could not test the beast by touching the odometer to 200 kmph. Most highways in India do not have the speed limit beyond 120 kmph.

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.