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Australia may extend app ban to WeChat, says Senate report

BLOOMBERG Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers said, in the latest move from Canberra to crack down on potential influence linked to Beijing. A Senate committee urged sweeping changes to Australia’s treatment of major tech firms in its final report. Among proposals are stricter transparency requirements on ownership ...

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Apple, Amazon results pose tech rally’s toughest hurdle yet

BLOOMBERG Results from Apple Inc and Amazon.com Inc after the recent close represent the next big hurdle for the market’s tech-fueled rally, and it may be the hardest to clear. Both stocks have been critical to the S&P 500’s advance this year, attracting investors with their relatively durable revenue streams and market dominance. But whether they can fuel further gains ...

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India mulls allowing private firms to develop nuclear plants

BLOOMBERG India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonise industry. The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies,federal atomic energy minister Jitendra Singh said in a written reply to questions in parliament. India currently allows private ...

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