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Huawei CFO returns to work after extradition drama

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Meng Wanzhou, CFO of Chinese tech giant Huawei, returned to work at their headquarters in Shenzhen after almost three years fighting extradition to the U.S. in Canada

The CFO was detained in Vancouver in 2018 after a New York court issued an arrest warrant, alleging she tried to cover up attempts by Huawei-backed companies to sell equipment to Iran – in breach of U.S. sanctions.

The years-long extradition drama has been a source of tension between China and the U.S, with Chinese officials signaling the case needed to be dropped to end a diplomatic stalemate.

“Over the last three years, although we have struggled, we have overcome obstacles and our team has fought with more and more courage,” Meng told employees at her welcome celebrations in Shenzhen.

Meng’s return also saw the release of two Canadian men who were arrested in 2018 shortly after her detainment

Meng was allowed to return to China after reaching a deferred agreement with New York prosecutors, which saw her accept “responsibility for her principal role in perpetrating a scheme to defraud a global financial institution.”

The U.S. Justice Department said the agreement pertains only to Meng, and that a case is being prepared against Huawei which will soon proceed to trial.

The two Canadians, businessman Michael Spavor and former diplomat Michael Kovrig, had been held in China for more than 1,000 days, after being accused of espionage.

Canada accused China of employing ‘hostage diplomacy’, by arresting the Canadian citizens as retaliation to Meng’s detainment.

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Netflix vs Paramount: The Warner Bros takeover battle explained

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

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Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.


The battle for Warner Bros is heating up, with Netflix and Paramount in a high-stakes clash that could redefine the streaming and filmmaking landscape. We break down who currently holds the stronger position and why Warner Bros might favor Netflix’s offer over Paramount’s all-cash bid.

Darren Woolley from TrinityP3 joins us to discuss the role of equity upside, shareholder sentiment, and the realistic chances of a hostile takeover. We also explore how political connections and regulatory scrutiny could shape the outcome of this landmark deal.

Finally, we look at the wider impact on competitors like Disney, Amazon, and Apple, as well as creators, production partners, and exhibitors. Who will ultimately win this battle for one of the most influential studios in modern media?

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#WarnerBros #Netflix #Paramount #StreamingWars #MediaTakeover #HollywoodDeals #EntertainmentNews #Ticker


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Elon Musk’s SpaceX plans $25 billion IPO in 2026

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SpaceX plans a $25 billion IPO in 2026, potentially valuing the company at over $1 trillion.


Elon Musk’s SpaceX is preparing to raise over $25 billion through an initial public offering in 2026. The move could value the space exploration company at over $1 trillion, fueled by its Starlink internet network and Starship rocket programme.

The IPO discussions are underway with major banks, targeting a launch around June or July. This comes as the IPO market experiences a revival after a three-year slowdown, attracting attention from both institutional and retail investors.

SpaceX is currently the second most-valuable private startup after OpenAI. While investors are excited, some remain cautious about Musk’s ability to manage multiple high-profile companies simultaneously.

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#SpaceX #ElonMusk #IPO #Starlink #Starship #TechNews #Investing #Startup


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U.S. visa waiver travelers may need to share social media profiles

Trump admin proposes tourists disclose social media profiles for security under visa waiver program, impacting 42 countries.

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Trump admin proposes tourists disclose social media profiles for security under visa waiver program, impacting 42 countries.


The Trump administration has proposed new rules requiring tourists visiting the United States under the visa waiver program to disclose their social media profiles. This applies to citizens from countries including Australia, the UK, and France, who would need to provide five years of social media history.

The requirement specifically targets travelers using the Electronic System for Travel Authorization (ESTA), which covers 42 countries. US Customs and Border Protection says the move is necessary to enhance national security.

Public comments on the proposal will be open for 60 days, and full implementation could take several months. It’s still unclear whether private messages would be included or if only public profiles are required.

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#USVisa #TravelNews #SocialMediaCheck #ESTA #NationalSecurity #TravelUpdate #VisaWaiver #TourismRules


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