Tag Archives: asks

Facebook Asks European Users Which News Sources They Trust

Facebook is asking users in Europe which news sources they trust to help it gauge whether to extend a change to its News Feed that it made in the United States earlier this year, designed to filter out misinformation. In January, Facebook Chief Executive Mark Zuckerberg said the News Feed, the social media company’s centrepiece service, would prioritise… Read More »

LeEco Founder Jia Yueting Asks for Time, Pledges to Pay Back Debts

The founder of China’s struggling tech group LeEco, Jia Yueting, on Thursday pledged to take full responsibility for the company’s debt troubles amid a deepening financial crisis and after some of the company’s assets were frozen. Jia, writing in a post on his public WeChat account, apologised for causing worry, pledged to pay back LeEco’s debts and to stick to its ambitious… Read More »

US asks Deutsche Bank for $14bn to settle mortgage investigation

The US Department of Justice is asking Deutsche Bank to pay $14bn (£10.6bn) to settle an investigation into mortgage-backed securities, the bank has said. Deutsche Bank said it “has no intention to settle these potential civil claims anywhere near the figure cited”. The claim against Deutsche, which is likely to be the subject of negotiations for several months,… Read More »

Facebook Asks Woman Named Isis to Prove Her Identity

In its bid to erase all traces of Isis (also Islamic State or IS), Facebook has asked a terror group namesake to send her proof of ID to continue using the social network. Isis Thomas, a resident of Bristol in Britain, was asked to change her name after logging on to the site on June 27,RT.com reported on… Read More »

Adopt ethical approach to recover loans, Jaitley asks industry

Amid rising cases of wilful default on loans, including the one by liquor baron Vijay Mallya, Finance Minister Arun Jaitley on Monday said industry is fighting a battle of credibility and it should adopt positive and ethical approach towards NPAs or bad debts. “Indian industry is also fighting a major battle for its own credibility. Some recent events… Read More »