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View the latest business news around the world, and explore articles on global markets, finance, tech, and the innovations driving us forward.

James Murdoch criticizes 'media property owners' who have 'unleashed insidious' forces with election denialism claims

New York (CNN Business)James Murdoch, the youngest son of billionaire media mogul Rupert Murdoch, assailed "media property owners" and outlets that have promoted disinformation and conspiracy theories about the results of the 2020 election. Murdoch did not explicitly mention Fox News, which is contr

China's Huawei backtracks after filing for patent to identify Uyghur faces

(CNN Business)Chinese technology company Huawei is backtracking on a patent application it filed for a facial recognition system intended to identify Uyghurs from other Chinese ethnicities. Filed in July 2018 by Huawei and the government-affiliated Chinese Academy of Sciences, the patent application

CES is a fantasyland of futuristic products. This year it was dominated by our bleak present

(CNN Business)CES, the closely-watched annual consumer electronics show, often sets the tone for the tech trends of the year — but little did I realize how true that would be last year. On the flight home from Las Vegas in January 2020, I wrote a piece for CNN Business about how the technology of th

US debt surged by $7 trillion under Trump. It will go much higher under Biden

New York (CNN Business)President Donald Trump certainly lived up to his self-proclaimed status as the King of Debt during his term in office. The national debt spiked by $7 trillion during Trump's tenure -- and it's about to soar much higher under his successor. Armed with a slim majority in the US

Xi Jinping wants Starbucks and Howard Schultz to help repair US-China ties

Hong Kong (CNN Business)China's leader has called on Starbucks' former chairman Howard Schultz to help promote US-China relations, according to Chinese state media. State-run news agency Xinhua reported on Thursday that Chinese President Xi Jinping had written to Schultz, encouraging the American bi

Why you won't find Sean Hannity and Tucker Carlson on British TV

London (CNN Business)The insurrection at the US Capitol has sparked a political firestorm and unnerved millions of Americans. It has also unleashed a wave of criticism over the role played by pro-Trump media outlets such as Fox News, which fed lies and conspiracy theories about the election to angry

Bumble files for IPO

(CNN Business)Bumble, the company best known for its female-centered dating app, is getting ready for its big date with Wall Street. The company filed paperwork on Friday for an initial public offering, potentially setting it up for a Wall Street debut at a time when dating apps have become lifeline

Xiaomi and other Chinese companies slapped with US restrictions as Trump's term winds down

Hong Kong (CNN Business)The Trump administration is inflicting even more damage on Chinese businesses — including smartphone maker Xiaomi — with just days to go before President-elect Joe Biden takes office. The US Defense Department on Thursday added nine Chinese firms, including Xiaomi, to a list

Marvel's 'WandaVision' looks to make Disney+ even mightier

New York (CNN Business)"WandaVision," Marvel Studios' first original series for Disney+, hits streaming this weekend. That's excellent news for Disney+, considering that Marvel is the company's mightiest brand. And it's bad news for Disney's rivals, since the new service has notched 86 million subsc

Even $1,400 checks aren't exciting Wall Street

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.London (CNN Business)News that President-elect Joe Biden is asking Congress to pass a $1.9 trillion stimulus package would normally give markets a big boost. Not this time

WhatsApp delays new privacy policy as users flee to rival apps

(CNN Business)WhatsApp is delaying updating its privacy policy following mass confusion over what data it shares with its parent company, Facebook. Last month, WhatsApp began notifying users of its updated terms of service and privacy policy, which people had to agree to in order to keep using the a

Wall Street reverses plan to kick out Chinese telecom companies

Hong Kong (CNN Business)The New York Stock Exchange has reversed its decision to kick out three of China's largest state-owned telecom companies. The exchange said late Monday that it no longer intends to delist the firms after "further consultation with relevant regulatory authorities," and that th

More than 170 business leaders sign letter urging Congress to accept Biden's win

New York (CNN Business)More than 170 prominent business leaders signed a letter urging Congress to accept the Electoral College results that declared Joe Biden as the next President of the United States. "This presidential election has been decided and it is time for the country to move forward," th

Wall Street will kick out three big Chinese telecom companies

Hong Kong (CNN Business)Washington's battle with Beijing is escalating once more on Wall Street. The New York Stock Exchange will end trading in the shares of three of China's largest state-owned telecom companies this month. It says the move is needed to comply with an order President Donald Trump

MGM makes $11 billion bid for UK gambling group

London (CNN Business)MGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a significant wager on the fast-growing online betting industry during the pandemic. Ladbrokes owner Entain said in a statement Monday t

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