Mideast ride-hailing app Careem resumes Oman services

Careem has resumed services in Muscat, Oman after signing an agreement to partner with a local taxi company, the Middle East ride-hailing app company said on Monday.

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U.S. sues after California governor signs 'net neutrality' law

The U.S. Justice Department said late on Sunday it filed suit after California Governor Jerry Brown signed legislation to restore open internet protections known as net neutrality in the state after the Trump administration repealed the rules in December 2017.

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Trump administration plans to sue California over net neutrality law: Washington Post

The Trump administration plans to sue California over the new net neutrality law the state enacted on Sunday, according to an article in the Washington Post.

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California governor signs state law to reinstate 'net neutrality'

California Governor Jerry Brown late on Sunday signed legislation to restore open internet protections known as net neutrality in the state after the Trump administration repealed the rules in December 2017.

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SEC’s focus on U.S. corporate bosses pays off with Musk settlement

A high-profile settlement with Tesla Inc Chief Executive Elon Musk exemplifies a recent push by the U.S. Securities and Exchange Commission to go after executives and not just their companies, securities law experts said.

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Tesla's SEC deal provides ammunition for U.S. probe, investor lawsuits

Tesla Inc's settlement with U.S. regulators will help soothe investors calling for more oversight of Chief Executive Elon Musk, experts said, even as it gives ammunition to short-sellers pursing separate cases and to a probe by the Justice Department.

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Tencent announces a restructuring as challenges rise

Chinese internet giant Tencent Holdings announced on Sunday its first restructuring in six years, as it faces increased challenges from tighter government regulations.

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SEC chairman says Tesla settlement in 'best interests' of shareholders

U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency's settlement with carmaker Tesla was in the best interests of the U.S. markets and company shareholders.

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Musk to resign as Tesla chairman, remain as CEO in SEC settlement

Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company's chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the car-maker.

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Tesla, Musk pay $40 million to settle Tweet charges, Musk to resign as chairman

The U.S. Securities and Exchange Commission said on Saturday it had reached a settlement with car-maker Tesla and Chief Executive Elon Musk over his Aug. 7 tweets about taking the company private.

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South Korea's LG Display to cut jobs through voluntary retirement

South Korea's LG Display Co Ltd, an Apple supplier, will cut jobs through voluntary retirement for the first time since its founding, a spokeswoman confirmed on Saturday.

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Facebook says big breach exposed 50 million accounts to full takeover

Facebook Inc said on Friday that hackers stole digital login codes allowing them to take over nearly 50 million user accounts in its worst security breach ever given the unprecedented level of potential access, adding to what has been a difficult year for the company's reputation.

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Tesla's Musk may settle SEC lawsuit but ready for fight -sources

Tesla Inc's Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker's leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 percent.

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