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Business • Markets
Twitter said to have held acquisition talks with Clubhouse on potential $4B deal
Twitter said to have held acquisition talks with Clubhouse on potential $4B deal
Credit: unsplash.com / Adem AY

Twitter held talks with Clubhouse around a potential acquisition of the live drop-in audio networking platform, with a deal value somewhere around $4 billion, according to a report from Bloomberg.

Twitter has its own product very similar to Clubhouse - Spaces, a drop-in audio chatroom feature that it has been rolling out gradually to its user base over the past few months.

While we aren't privy to the specifics of these talks between Twitter and Clubhouse, it does seem like an awfully high price tag for the social network to pay for the audio app, especially given its own progress with Spaces.

Business • Economy
Stranded ship suspends circulation in the Suez Canal
Container ship stranded on the Suez Canal
Container ship stranded on the Suez Canal

Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week. The situation is affecting the connections of other ships that carry oil and may now have to look for alternative routes, reveals "Bloomberg" this Wednesday, March 24th.

The Evergreen container with 400 meters in length and 220 thousand tons was stranded when making the connection between China and the port of Rotterdam in the Netherlands, worthless the several attempts to get it afloat again.

Technology • Internet & Web
Google to face lawsuit over Chrome Incognito mode tracking
Google Chrome Incognito Mode
Google Chrome Incognito Mode Credit: Screenshot

As Bloomberg reports, Judge Lucy Koh has denied Google's request to dismiss the class action case. Koh determined that Google "did not notify" users it was still collecting data while Incognito's privacy mode was active, giving the plaintiffs enough ground to move forward with their case. Incognito mode's limitations are well-known among enthusiasts - it's really there to keep sites out of your local search history and cookies, not to block all potentially identifying traffic.

Business • Consumer & Service
Nike North America chief loses her job - over her son's sneaker resale business
Nike North America chief loses her job - over her son's sneaker resale business
Credit: unsplash.com / Thomas Serer

The son of Ann Hebert, now-former vice president and general manager of its North America division, has according to a Bloomberg report used a credit card in his mother's name to purchase sneakers for his resale business. Hebert has resigned from her post with immediate effect after being with the company for over 25 years.

Further reasons are still unknown at this point.

Health
Over 2.2 Million people have been vaccinated against Covid-19
Over 2.2 Million people have been vaccinated against Covid-19
Credit: Ashley Winkler for Pendect

The first Covid-19 shots have been given to more than 2.2 million people in six countries, according to data collected by Bloomberg. It’s the start of the biggest vaccination campaign in history and one of the largest logistical challenges ever undertaken.

Business • Economy
Investment bank JPMorgan announces move of €200 billion in assets from UK to Germany following Brexit
Investment bank JPMorgan announces move of €200 billion in assets from UK to Germany following Brexit
Credit: unsplash.com / Igor Flek

According to reports by Bloomberg, the investment bank JPMorgan Chase & Co. is moving assets worth around €200 billion from the United Kingdom to Frankfurt, Germany. The reason for the move is the end of the transition period and the Brexit with the United Kingdom leaving the European Union.

Regional News • Americas • United States
Michael Bloomberg to spend at least $100 million in Florida to help elect Joe Biden
Michael Bloomberg
Michael Bloomberg Credit: World Bank Photo Collection (Creative Commons Attribution 2.0)

The former New York City Mayor Michael Bloomberg committed to spend at least $100 million in Florida to help elect Joe Biden.

Florida is one of the the swing state, and it is also the most expensive of the expected battlegrounds in which to campaign. Current polls there show a race that between Trump and Biden effectively tied.

Bloomberg adviser Kevin Sheekey stated "Mike Bloomberg is committed to helping defeat Trump, and that is going to happen in the battleground states."

Regional News • Americas • United States
Black Lives Matter banner removed from U.S. embassy in Seoul after Trump displeased
Black Lives Matter banner removed from U.S. embassy in Seoul after Trump displeased
Credit: U.S. Embassy Seoul / Twitter

After just two days, the embassy of the United States in South Korea has taken down the banner with the message "Black Lives Matter".

Bloomberg and Reuters report that the banner was removed after President Trump expressed displeasure with it.

Transportation • Air Transportation & Traffic, Flying
Emirates considers cutting 30,000 jobs due to the pandemic
An Emirates A380 plane taking off
An Emirates A380 plane taking off Credit: Julian Herzog (Creative Commons Attribution ShareAlike 4.0)

Emirates Group is evaluating plans to cut about 30,000 jobs as the airline seeks to reduce costs after the Covid-19 pandemic grounded most of its fleet.

Bloomberg also reports the company is also considering speeding up the planned retirement of its Airbus A380 fleet.