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The chair of a United States congressional panel wrote to Alphabet's Google and to Apple on December 13 to ask if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chinese investment in popular apps such as TikTok and Grindr.Rep. Stephen Lynch, chairman of a subcommittee of the House of Representatives Oversight Committee, said in a statement that he had asked both Google and Apple to tell Congress whether they required app developers to disclose any non-US ties.Concerns over China acquiring sensitive data about US citizens through social media apps is one of several sore areas in relations between the US and China even as President Donald Trump's trade war with China fans suspicion between the world's two largest economies.Close TikTok, which is wildly popular with teenagers, is owned by Chinese technology company ByteDance. In a related matter, the Chinese gaming company Beijing Kunlun Tech has said it would sell popular … [Read more...] about Congressional panel ask Google, Apple if apps like TikTok disclose non-US ties

US President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.The so-called Phase One deal announced, but still not signed, on Friday suspends the planned imposition of new 15 percent tariffs on Sunday that would have hit USD 160 billion in Chinese consumer goods just weeks before Christmas, including USD 115 billion worth of iPhones, laptops and other electronics.The deal would also see the United States reduce existing tariffs on other goods. China has agreed to boost imports of US energy, pharmaceutical and agricultural products, although Chinese officials offered no details on the amount of US goods Beijing had agreed to buy.Close If it is signed, Trump's long-awaited deal will be a relief to Apple, among the US companies with the most to lose in the trade war between the world's two largest economies, along with chipmakers who make the components in its devices, which are … [Read more...] about Wall Street Weekahead: Trade deal removes major hurdle for rally in Apple and tech

RIP Cubicle: Inside The Innovative New Office Designs That Will Change The Way We Work For decades, the image of the American office was a grim one. Endless rows of cubicles; harsh, humming, fluorescent lighting; stiff task chairs that make your back ache just looking at them. Recently, though, there’s been a shift, with employers injecting best practices from the wellness industry into the workplace and seeing productivity skyrocket.  advertisement advertisement Rachel Gutter, president of the International WELL Building Institute, has made it her mission to make wellness a central component of any office. Think of IWBI as a LEED rating for wellness, with buildings and offices awarded designations based on how they integrate employee wellness into the workplace. On this episode of Productivity Confidential, we sat down with Gutter to talk about why focusing on wellness can be the key to unlocking a company’s potential.  HIGHLIGHTS FROM THE PODCAST: … [Read more...] about Productivity Confidential: Beyond The Cubicle – Design Thinking For The Office (podcast)

Indian benchmark indices are trading in the red with Nifty shedding 71 points and is trading at 11,751 while the Sensex is down 212 points and is trading at 39,240 level.Nifty Metal is down over 2 percent dragged by Tata Steel, JSPL and JSW Steel which are down over 4 percent each followed by Hindalco Industries, SAIL, Vedanta and Jindal Stainless.From the oil & gas space, the top losers are HPCL which shed over 3 percent followed by Reliance Industries, GAIL India, BPCL, Indian Oil Corporation and ONGC.Close The top losers from the media space are Eros International Media, Inox Leisure, PVR, Sun TV, Network18, Dish TV and TV18 Broadcast. related news ITDC jumps 9% on merger with Kumarakruppa Frontier Nifty Bank marches toward record high on likely resolution of 4 NPA cases in December BGR Energy share price locked in 20% upper circuit on Rs 4,442-cr order win Selective real estate stocks are trading in the … [Read more...] about D-Street Buzz: Nifty Metal underperforms dragged by Tata Steel; Tata Motors down 2%, ADAG stocks fall

Benchmark indices are trading on a positive note with Nifty up 29 points and is trading at 11,701 while the Sensex added 124 points and is trading at 39,085 level.Nifty Media is the outperforming sector, up over 1 percent led by Zee Entertainment, Dish TV, Network18, PVR, TV Today and Inox Leisure.From the banking space, the top gainers are ICICI Bank which jumped 2 percent followed by IndusInd Bank, RBL Bank and State Bank of India.Close India VIX is marginally down 0.14 percent at 14.63 levels. related news Bulls push Sensex above 41K, but dump small-caps; 48 stocks fell 10-20% in a week Technical View: Nifty forms bullish candle, new highs in sight Taking Stock: Market rises for 3rd day in a row on positive global cues The top gainers from the NSE include IndusInd Bank, Zee Entertainment, ICICI Bank, Cipla and Power Grid while the top losers are Indiabulls Housing Finance, Bharti Infratel, Asian Paints, Hindalco … [Read more...] about D-Street Buzz: Media stocks gain led by Zee Entertainment; ICICI Bank jumps 2%