SoftBank Group drops $3bn WeWork tender offer: statement
Tokyo (AFP) - Japanese global tech investor SoftBank Group said on Thursday it had terminated a tender offer worth up to $3 billion to acquire shares in US firm WeWork.The company said "certain conditions to the tender offer were not satisfied", but added the decision "will have no impact on WeWork's operations, customers, five-year business and strategic plan, or the vast majority of WeWork's current employees".The announcement came after reports that a nagging rift has remained between SoftBank Group and WeWork's board members over the rescue package for the US-based office-sharing start-up....
S. Korean portal suspends trending topics to avoid manipulation
Seoul (AFP) - South Korea's biggest internet portal suspended its real-time "trending topics" feature Thursday ahead of a general election this month, after controversy over politicians and their supporters trying to manipulate the results.Accusations of misinformation and "fake news" have tainted political processes around the world and the hyper-wired South is known for its technological advances, with virtually every adult citizen owning a smartphone.Naver said in a statement it had suspended trends temporarily -- the first time it has done so -- to "prepare for the possibility of an issue ...
Tokyo shares fall for 4th straight day on protracted virus worries
Tokyo shares sank Thursday, with the benchmark Nikkei index falling for a fourth straight session, on fears Japanese companies could suffer more substantial damage as the new coronavirus continued to depress overall business sentiment.The 225-issue Nikkei Stock Average ended down 246.69 points, or 1.37 percent, from Wednesday at 17,818.72. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 21.21 points, or 1.57 percent, lower at 1,329.87.Decliners were led by air transportation, consumer credit and securities house issues.
Armenia violates ceasefire with Azerbaijan 24 times
By TrendOver the past 24 hours, Armenian armed forces have violated the ceasefire along the line of contact between Azerbaijani and Armenian troops 24 times, Trendreports referring to Azerbaijani Defense Ministry on Apr. 2.The Armenian armed forces were using large-caliber machine guns.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding regions.The 1994 ceasefire agreement wa...
DILG: NBI summons to Vico Sotto a ‘useless, political distraction’ amid COVID-19 crisis
DILG: NBI summons to Vico Sotto a ‘useless, political distraction’ amid COVID-19 crisisKristine Joy Patag(Philstar.com) – April 2, 2020 – 12:40pmMANILA, Philippines — The spokesperson of Department of Interior and Local Government said that the National Bureau of Investigation summon sent to Pasig Mayor Vico Sotto is “useless distraction” as the government addresses the COVID-19 pandemic in the country.Interior and Local Government Undersecretary Jonathan Malaya told CNN Philippines that in his opinion, the NBI’s invitation to Sotto is “a useless, political distraction.”Malaya also clarified t...
Angara says he donated salary for COVID-19 efforts after getting infected
Angara says he donated salary for COVID-19 efforts after getting infected(Philstar.com) – April 2, 2020 – 12:47pmMANILA, Philippines — Sen. Sonny Angara on Thursday said he donated a paycheck of his salary to assist in efforts to combat the spread of the novel coronavirus (COVID-19) exactly a week after he first tested positive for the disease.This was confirmed by the senator in his personal Twitter account, though he opted not to disclose any other details about it.According to Section 17, Article XVIII of the nation’s charter, Senate lawmakers like Angara earn an annual salary of P204,000, ...
WHO expects Malaysia's Covid-19 cases to peak in mid-April
CORONAVIRUS | The number of Covid-19 cases in Malaysia is expected to peak in mid-April, the World Health Organisation said on Thursday, adding that there are signs of a flattening of the infection curve."Based on available data, the WHO country office has projected that Malaysia will see a peak in hospitalised cases in mid-April," Ying-Ru Lo, the WHO's head of mission and representative to Malaysia, Brunei and Singapore told Reutersin emailed comments.The number of critically ill patients is estimated to reach the peak within the next week, she said.Malaysia has the highest number of infectio...
Global virus cases near million as US baby dies
New York (AFP) - Confirmed coronavirus infections around the world approached one million Thursday as the pandemic spread at a "near-exponential" rate, with a six-week-old baby becoming one of the youngest known victims.Half the planet is under some form of lockdown as governments struggle to tamp down a virus that has killed tens of thousands of people.Those restrictions -- while necessary for health -- risk causing global food shortages, experts have warned, as supply chains gum up and panic buying sparks export controls.The death toll from COVID-19 continued its relentless march upwards, wi...
Coronavirus: JAMB donates 3 ventilators to hospitals
Prof. Oloyede, registrar of JAMBThe Joint Admissions and Matriculation Board (JAMB) has donated three ventilators to two General hospitals to support the Federal Government’s fight against Coronavirus in the country.This was disclosed in a statement, signed by Dr Fabian Benjamin, Head of Media and Publicity of the board on Wednesday in Abuja.JAMB said the gesture was prompted by ongoing collective support in the country to contain the spread of the virus in the country.“The board appreciates the support and donations from corporate bodies and individuals toward complementing government’s effor...
Rooftop party busted in Phuket
PHUKET: Police arrested nine foreigners and five Thai women for partying in violation of the order against gathering in crowds, to control the spread of coronavirus disease.They were arrested on the rooftop of a rented house on Sirirat Road in tambon Patong of Kathu district late on Wednesday night, after police received a complaint about a loud party.The arrested foreigners comprised six men and three women: Australian national Al-Mouzafar Mohamad, 22; Britons Oliver Hoskins, 23, Alan Jones, 22, and Stuart McDonough, 29; Ukranians Zakharov Andrii, 27, Petriv Tetiana, 22, Chala Anasiia, 22, an...
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