Ryan Browne / CNBC:UK Supreme Court rules that Uber drivers should be classified as workers not independent contractors, concluding an almost five-year legal battle — LONDON — Uber lost a crucial legal fight in the U.K. on Friday, as the country’s Supreme Court upheld a ruling that its drivers should be classified …
Rest of World:A look at how Clubhouse is being received in Japan, India, Nigeria, and Hong Kong, regions where Clubhouse usage has spiked — The buzzy audio app is most frequently associated with Silicon Valley, but it’s taking off everywhere from Japan to Nigeria. — What happens when a buzzy app pegged …
Nikkei Asia:Sources: Huawei notifies suppliers that it plans to order components for 70M to 80M smartphones this year, down over 60% from the 189M it shipped last year — China’s largest handset maker suffers from US sanctions Biden appears to back — TOKYO — Huawei Technologies has notified …
Kirsten Korosec / TechCrunch:Anthony Levandowski closed his AI-focused church, Way of The Future, in 2020 and donated the church’s ~$175K funds to the NAACP Legal Defense and Education Fund — Way of the Future’s funds donated to NAACP — The first church of artificial intelligence has shut its conceptual doors.
Jon Brodkin / Ars Technica:House Republicans introduce the CONNECT Act, which aims to expand broadband connectivity and competition, but would limit government-run municipal networks — GOP claims ban would “promote competition by limiting government-run networks.” — House Republicans have unveiled their plan for …
An electric and gas utility in Pennsylvania and Maryland has signed a deal to bring renewable natural gas from a landfill into its distribution system. UGI Utilities Inc.’s agreement with Archaea Energy is the company’s first RNG supply interconnect agreement. The utility will accept RNG from the Keystone Landfill located in Dunmore, PA. The RNG supply…
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Crédit Agricole has picked banks to run a planned senior preferred Panda bond, its third outing in the format. An investor call has been scheduled for next week.
Ping An Insurance has raised $250m from the first offshore bond from China following the Lunar New Year holiday. It was also the only borrower from Asia ex-Japan to hit the dollar debt market this week.
SciClone Pharmaceuticals, which manufactures a possible treatment for the coronavirus, hit the IPO market with a HK$2.18bn ($281.2m) offering on Friday.
In this round-up, consumer inflation in China disappoints in January, lenders extend a record amount of new renminbi loans last month, and the banking and insurance regulator asks financial institutions to step up their reputational risk management.