PRESS DIGEST- New York Times business news - Sept. 1

Reuters2021-09-01

Sept 1 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- South Korea legislators approved the first law in the world that requires app stores to let users pay for in-app purchases through multiple payment systems, a blow to the market dominance of Apple Inc and Alphabet Inc's Google, which opposed the bill.

- Google is pushing back its return-to-office date by three months, to Jan. 10, in a decision that reflects the spread of the highly contagious Delta variant of the coronavirus.

- Allbirds, the maker of wool sneakers, offered a long-awaited peek at its earnings when its filing for an initial public offering was made public, revealing strong digital sales in 2020 despite an annual loss.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Comments

kenlim45
2021-09-01
kenlim45
?
Chickenpie
2021-09-01
Chickenpie
?? ok

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