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Apple MacBook Pro’s recalled models banned on flights in US

While there have been repeated incidents of phones, laptops and other devices overheating and catching fire in passenger compartments of planes, it hasn’t ever caused a fire to spread.

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Another privacy snafu? Facebook admits paying contractors to transcribe user audio files

Facebook confirmed that it had been transcribing users’ audio and said it will no longer do so, following scrutiny into other companies.

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What tech products attract tariffs in the US? Here’s the list

That means iPhones and other many other smartphones assembled in China.

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The billion-dollar race to become China’s Twitch

Douyu’s CEO said the delay was due to road construction near the venue, citing a previous company statement.

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J&K economy to take several years to recover from Modi’s sudden decision to scrap autonomy

The state’s economy will take time to recover as the cycle of peoples’ protests and the state’s moves to curb them are expected to remain the main focus.

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Big Tech trauma: Will Trump administration queer the pitch for Google, Facebook, Amazon?

Presidential candidate Elizabeth Warren has been among the most outspoken about targeting Facebook, Alphabet Inc.’s Google and Amazon

Industry News

Why Mukesh Ambani’s Reliance debt cut is bad omen for Indian economy

Several Indian business leaders have sounded the alarm on the Indian economy’s increasingly choppy waters. While Ambani may or may not share their concerns, his cautious actions can only serve to bring the storm closer.

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Future retail: Amazon close to picking up 10 per cent stake

India’s No. 2 retailer by turnover, Future is seeking a valuation of about Rs 2,000 crore ($281 million) from Amazon for the stake, according to the people, who asked not to be identified.

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Jeff Bezos’ Amazon to pick 10% stake in Kishore Biyani’s Future Retail Inc. is in late-stage talks to acquire as much as 10% of India’s Future Retail Ltd, GMR Hyderabad Airport City, Fulfilment Centre, Telangana, amazon fulfillment centre News

India’s first overseas debt bond sale is failing

While India has enjoyed average annual growth of 7.5% in the past decade, it has a combined fiscal deficit of about 8% of gross domestic product. The federal government spends about 20% of its annual budget servicing domestic

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Default risks are increasing as investors wait stimulus measures from Modi government

Government measures to kick-start the economy may help investors regain confidence after other missed payments by firms including non-bank financier Dewan Housing Finance Corp., travel planner Cox & Kings Ltd. and wind-turbin

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Heavy handed moderation and banning of extremists may end up doing more harm than good

Tech executives generally don’t want the burden of setting boundaries for internet discourse. It’s a thankless job on par with being a soccer referee or a schoolmarm.

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China is saving stimulus for trade war winter as Yuan weakens

The People’s Bank of China late Friday called for a “rational” view on current headwinds, signaling that the targeted approach to shoring up output would continue.

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Saudi prince Mohammed bin Salman’s rise to power turns him into a billionaire boss

The monthly stipends, as detailed in a 1996 U.S. embassy cable published by Wikileaks, ranged from $800 to $270,000 and totaled $2 billion annually. It’s unclear how, or whether, the amounts have changed since.

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Jeffrey Epstein’s death: What’s known and what comes next

The death probably ends the criminal case brought by federal prosecutors in New York, which could mean that molestation victims who had been promised their day in court won’t get one after all.

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Facebook, Twitter pressed to help prevent domestic terrorism

On Monday, the president ordered federal officials to work with social media companies to identify people who may perpetrate mass shootings before they can act.

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IMF says China should keep Yuan flexible as trade war widens

IMF staff also said in updated projections that public debt as a share of GDP will rise from 72.7% last year to 80.2% this year and 101.5% in 2024.

Economy News

Facebook wants to integrate Instagram direct messages with Messenger

The departures were dramatic, but haven’t changed Facebook’s plan to bring all of its standalone services closer together.

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Galaxy Note 10: Samsung flagship phone in 2 sizes, with faster 5G, starts at $949

Another mechanism, an enhanced version of Samsung’s DeX, lets you connect the Note 10 via a USB cable to a Mac or PC to view a phone interface as a computer application.

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Privacy concerns: Apple sued over Siri’s unauthorized recording of users

The company also has said that the recordings are stripped of personally identifiable data, but reports have indicated that contractors could see some location information.

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AMD challenges Intel with new faster server chip

Under Su, AMD is trying to break with the past and show it can consistently deliver processors that compete equally with those from Intel.

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Beware! WhatsApp flaws could allow hackers to alter messages

One uses the "quote" feature in a group conversation to change the appearance of the identity of a sender.

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India sovereign bonds fall after RBI rate cut; short term bonds climb

Benchmark sovereign bonds dropped in India as traders dialed back bets of large easing after a split verdict on the size of Wednesday’s reduction, and as the central bank said it would calibrate further cuts.

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China wants to double down on gold reserves as trade war runs hot

The People’s Bank of China raised holdings to 62.26 million ounces from 61.94 million a month earlier, according to data on its website.

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US-China trade war: American president Trump calls Beijing a currency manipulator

President Donald Trump has reacted to China’s move to let the yuan depreciate by branding Beijing a currency manipulator while also claiming China’s foreign-exchange strategy means it’s paying the cost of U.S. tariffs

Economy News

DHFL share price posts biggest jump in nearly 30 years after debt resolution plan

The shares rallied 32% to 55.4 rupees at the close, the steepest climb since March 1992.

Markets News

Seasonally weak August weighs down rupee as Kashmir adds to trade woes

It is already Asia’s worst-performing currency this month but there may be more pain in store for India’s rupee as it enters a seasonally weak period.

Guidelines for PSU banks to pick pooled assets of NBFCs likely this week News