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Indonesia warns of ‘Tsunami’ after 6.1-magnitude quake

Bloomberg Indonesia warns of aftershocks and a possible tsunami after a 6.1-magnitude quake hit the Maluku islands, a key nickel production area. Those living along the coastlines of Japutih and Apiahu on Seram island, Maluku, should stay vigilant, the meteorological, climatological and geophysical agency said in a statement on Wednesday. Residents are told to move away from the shoreline towards ...

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Google’s smartphone tie-up with Ambani hits supply snag

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Bloomberg Billionaire Mukesh Ambani’s plan to conquer the Indian market with a locally assembled Google-powered smartphone is facing headwinds, with supply-chain disruptions and rising component prices suppressing production volumes, people familiar with the matter said. Ambani’s Reliance Industries Ltd originally envisioned sales in the hundreds of millions in the first years for the inexpensive device but now targets a small ...

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Mark Zuckerberg drops off top CEO list, says Glassdoor

Facebook announces changes to news feed

Bloomberg Mark Zuckerberg’s approval among some Facebook Inc employees has slipped, dislodging him from Glassdoor’s ranking of the Top 100 CEOs, a list he’s been on annually since 2013. Zuckerberg put on his game face to convince a skeptical Congress that his company’s ambitious plans for a cryptocurrency will benefit millions of poor and underbanked people around the world, and ...

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