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China Mobile Is Said to Mull Deal for Internet Provider HKBN

(Bloomberg) -- China Mobile, the world’s largest wireless carrier by subscribers, is exploring a potential deal for Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city, people with knowledge of the matter said.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug

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Oil prices ease, but caution prevails over Russia-Ukraine war

Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war. Brent crude futures for January delivery slipped 7 cents, or 0.1%, to $73.37 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures for December delivery were at $69.23 a barrel, down 7 cents, or 0.1%. Russia unleashed its largest airstrike on Ukraine in almost three months on Sunday, causing severe damage to the country's power system.

Apple Offers $100 Million to Undo Indonesia iPhone 16 Ban

(Bloomberg) -- Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye

Trump may be planning to attend SpaceX launch in Texas

President-elect Donald Trump may be planning to attend a SpaceX rocket launch in person in Texas on Tuesday, another sign of his close ties with the company's billionaire founder and CEO Elon Musk. The Federal Aviation Administration on Monday issued "Temporary flight restrictions for VIP Movement" over Brownsville, Texas, in the type of practice that usually precedes a high-profile visit. Flight restrictions in place over Trump's oceanfront property in Palm Beach, Florida, will be lifted temporarily during the same timeframe.

DOJ Will Push Google to Sell Chrome to Break Search Monopoly

(Bloomberg) -- Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View o

Super Micro Shares Jump on Compliance Plan, New Auditor

(Bloomberg) -- Super Micro Computer Inc. shares jumped as much as 30% in extended trading after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist Arch

Corteva Unveils Wheat Breakthrough as Seed Race Heats Up

(Bloomberg) -- The race to boost wheat yields with drought-resistant varieties is heating up.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureSeed company Corteva Inc. is unveiling what it calls a “revolutionary” development in wheat: a non-ge

Microchip’s Moorthy to Leave as CEO, With Chairman Retaking Role

(Bloomberg) -- Microchip Technology Inc. Chief Executive Officer Ganesh Moorthy will step down after three years in the role, with Chairman Steve Sanghi returning to the position. Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureMoorthy will r

Canva Hires Former Zoom CFO Steckelberg in Move Signaling IPO

(Bloomberg) -- Canva Inc., a developer of creative design software, hired former Zoom Video Communications Inc. Chief Financial Officer Kelly Steckelberg as its top financial executive.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureThe compa

Mastodon sees a boost from the 'X exodus,' too, founder says

Decentralized social network Mastodon is also seeing some uplift from the X "exodus," founder Eugen Rochko shared on the platform just ahead of the weekend. While the Twitter-like startup Bluesky has been capturing headlines and attention for its rapid adoption among former X users, a smaller group has apparently turned to the open source networking platform Mastodon, which has seen downloads increase by 47% on iOS and its monthly active users grow to 894,000 across all Mastodon servers, Rochko says. In a post on Mastodon, the founder and CEO noted that official app downloads were growing.

Finland and Lithuania Report Severed Undersea Data Cables

(Bloomberg) -- An undersea data cable connecting Finland and Germany was cut in the early hours of Monday by what was likely an external impact and a nearby link between Lithuania and Sweden was also damaged.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernis