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Year: 2021

5 things to know about Evergrande, the Chinese business empire on the brink

By Michelle Toh, CNN Business The troubles of Chinese conglomerate Evergrande have dominated headlines after it warned once again that it could default on its astronomical debt because of a cash crunch. Experts have characterized the firm’s struggles as a major test for Beijing that risks turning into China’s Lehman Brothers moment, sending shockwaves across

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Apple, Google raise new concerns by yanking Russian app

By MICHAEL LIEDTKE and BARBARA ORTUTAY AP Technology Writers BERKELEY, Calif. (AP) — Apple’s and Google’s cooperation with the Russian government’s efforts to suppress an app opposed to the ruling regime is escalating concerns about whether Big Tech’s pursuit of ever-higher profits has trampled their commitment to protecting civil rights. The debate is being spurred

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Apple, Google raise new concerns by yanking Russian app

By MICHAEL LIEDTKE and BARBARA ORTUTAY AP Technology Writers BERKELEY, Calif. (AP) — Apple’s and Google’s cooperation with the Russian government’s efforts to suppress an app opposed to the ruling regime is escalating concerns about whether Big Tech’s pursuit of ever-higher profits has trampled their commitment to protecting civil rights. The debate is being spurred

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