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Smoke rises from the Bond Fire as evacuation orders are issued for nearby residents in Orange County, south of Los Angeles, California. REUTERS/Mike Blake…

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Smoke rises from the Bond Fire as evacuation orders are issued for nearby residents in Orange County, south of Los Angeles, California. REUTERS/Mike Blake

Smoke rises from the Bond Fire as evacuation orders are issued for nearby residents in Orange County, south of Los Angeles, California. REUTERS/Mike Blake

Smoke rises from the Bond Fire as evacuation orders are issued for nearby residents in Orange County, south of Los Angeles, California. REUTERS/Mike Blake

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Rohingyas that will be shifted to Bhasan Char island are seen onboard a bus in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain  

Rohingyas that will be shifted to Bhasan Char island are seen onboard a bus in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain

Reuters / Friday, December 04, 2020

Rohingyas that will be shifted to Bhasan Char island are seen onboard a bus in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain

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A health care worker collects a swab sample from a man during a rapid antigen test for army members and volunteers before the start of a mass test of Vienna's population in Austria.   REUTERS/Leonhard Foeger  

A health care worker collects a swab sample from a man during a rapid antigen test for army members and volunteers before the start of a mass test of Vienna’s population in Austria. REUTERS/Leonhard Foeger

Reuters / Thursday, December 03, 2020

A health care worker collects a swab sample from a man during a rapid antigen test for army members and volunteers before the start of a mass test of Vienna’s population in Austria. REUTERS/Leonhard Foeger

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A diver wearing Santa Claus costume swims in a large fish tank during an underwater performance at Sunshine Aquarium in Tokyo, Japan. REUTERS/Kim Kyung-Hoon

A diver wearing Santa Claus costume swims in a large fish tank during an underwater performance at Sunshine Aquarium in Tokyo, Japan. REUTERS/Kim Kyung-Hoon

Reuters / Friday, December 04, 2020

A diver wearing Santa Claus costume swims in a large fish tank during an underwater performance at Sunshine Aquarium in Tokyo, Japan. REUTERS/Kim Kyung-Hoon

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Asylum-seeker Ibrahim looks at the Sacre Coeur Cathedral from his room at the Hotel Avenir Montmartre in Paris, France. The hotel, deserted by tourists due to COVID-19 travel bans opened its 42 rooms to the city's homeless for 12 months with the help of French charity association Emmaus Solidarite.   REUTERS/Charles Platiau

Asylum-seeker Ibrahim looks at the Sacre Coeur Cathedral from his room at the Hotel Avenir Montmartre in Paris, France. The hotel, deserted by tourists due to COVID-19 travel bans opened its 42 rooms to the city’s homeless for 12 months with the help…more

Reuters / Thursday, December 03, 2020

Asylum-seeker Ibrahim looks at the Sacre Coeur Cathedral from his room at the Hotel Avenir Montmartre in Paris, France. The hotel, deserted by tourists due to COVID-19 travel bans opened its 42 rooms to the city’s homeless for 12 months with the help of French charity association Emmaus Solidarite. REUTERS/Charles Platiau

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Soldiers at the U.S. Army Air Assault School conduct training while adhering to coronavirus recommendations, at Fort Campbell, Kentucky.  REUTERS/Bryan Woolston

Soldiers at the U.S. Army Air Assault School conduct training while adhering to coronavirus recommendations, at Fort Campbell, Kentucky. REUTERS/Bryan Woolston

Reuters / Friday, December 04, 2020

Soldiers at the U.S. Army Air Assault School conduct training while adhering to coronavirus recommendations, at Fort Campbell, Kentucky. REUTERS/Bryan Woolston

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Gas cans are seen placed at a sport field at the low income neighborhood of Filas de Mariche in Caracas, Venezuela. REUTERS/Manaure Quintero  

Gas cans are seen placed at a sport field at the low income neighborhood of Filas de Mariche in Caracas, Venezuela. REUTERS/Manaure Quintero

Reuters / Friday, December 04, 2020

Gas cans are seen placed at a sport field at the low income neighborhood of Filas de Mariche in Caracas, Venezuela. REUTERS/Manaure Quintero

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Bethan and Ophelia Hobbs, mother and daughter, pose for a picture as they view the Glow Wild at Kew Botanical Gardnes in Wakehurst, southern Britain.  REUTERS/Matthew Childs

Bethan and Ophelia Hobbs, mother and daughter, pose for a picture as they view the Glow Wild at Kew Botanical Gardnes in Wakehurst, southern Britain. REUTERS/Matthew Childs

Reuters / Friday, December 04, 2020

Bethan and Ophelia Hobbs, mother and daughter, pose for a picture as they view the Glow Wild at Kew Botanical Gardnes in Wakehurst, southern Britain. REUTERS/Matthew Childs

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People sit along a street decorated with flags and a picture of Syria's President Bashar al-Assad at the Yarmouk Palestinian refugee camp on the southern outskirts of Damascus, Syria. REUTERS/Omar Sanadiki

People sit along a street decorated with flags and a picture of Syria’s President Bashar al-Assad at the Yarmouk Palestinian refugee camp on the southern outskirts of Damascus, Syria. REUTERS/Omar Sanadiki

Reuters / Thursday, December 03, 2020

People sit along a street decorated with flags and a picture of Syria’s President Bashar al-Assad at the Yarmouk Palestinian refugee camp on the southern outskirts of Damascus, Syria. REUTERS/Omar Sanadiki

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A group of Nihangs (Sikh warriors) arrive to take part in a protest against the newly passed farm bills at Singhu border near Delhi, India. REUTERS/Danish Siddiqui    

A group of Nihangs (Sikh warriors) arrive to take part in a protest against the newly passed farm bills at Singhu border near Delhi, India. REUTERS/Danish Siddiqui

Reuters / Thursday, December 03, 2020

A group of Nihangs (Sikh warriors) arrive to take part in a protest against the newly passed farm bills at Singhu border near Delhi, India. REUTERS/Danish Siddiqui

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Panchito Vicente, 2, is reflected in plexiglass as he visits Santa Claus, Ray Hamlett, 74, at the Citadel Outlet mall, as the global outbreak of the coronavirus continues, in Commerce, California. REUTERS/Lucy Nicholson  

Panchito Vicente, 2, is reflected in plexiglass as he visits Santa Claus, Ray Hamlett, 74, at the Citadel Outlet mall, as the global outbreak of the coronavirus continues, in Commerce, California. REUTERS/Lucy Nicholson

Reuters / Friday, December 04, 2020

Panchito Vicente, 2, is reflected in plexiglass as he visits Santa Claus, Ray Hamlett, 74, at the Citadel Outlet mall, as the global outbreak of the coronavirus continues, in Commerce, California. REUTERS/Lucy Nicholson

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An Ethiopian girl stands at the window of a temporary shelter, at the Village 8 refugees transit camp, which houses Ethiopian refugees fleeing the fighting in the Tigray region, near the Sudan-Ethiopia border, Sudan. REUTERS/Baz Ratner  

An Ethiopian girl stands at the window of a temporary shelter, at the Village 8 refugees transit camp, which houses Ethiopian refugees fleeing the fighting in the Tigray region, near the Sudan-Ethiopia border, Sudan. REUTERS/Baz Ratner

Reuters / Thursday, December 03, 2020

An Ethiopian girl stands at the window of a temporary shelter, at the Village 8 refugees transit camp, which houses Ethiopian refugees fleeing the fighting in the Tigray region, near the Sudan-Ethiopia border, Sudan. REUTERS/Baz Ratner

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A postbox is seen in Queen's View after snowfall near Pitlochry, Scotland. REUTERS/Russell Cheyne  

A postbox is seen in Queen’s View after snowfall near Pitlochry, Scotland. REUTERS/Russell Cheyne

Reuters / Thursday, December 03, 2020

A postbox is seen in Queen’s View after snowfall near Pitlochry, Scotland. REUTERS/Russell Cheyne

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Buddhist monk Wilatha holds a rescued Burmese python at his monastery that has turned into a snake sanctuary on the outskirts of Yangon, Myanmar. REUTERS/Shwe Paw Mya Tin    

Buddhist monk Wilatha holds a rescued Burmese python at his monastery that has turned into a snake sanctuary on the outskirts of Yangon, Myanmar. REUTERS/Shwe Paw Mya Tin

Reuters / Friday, December 04, 2020

Buddhist monk Wilatha holds a rescued Burmese python at his monastery that has turned into a snake sanctuary on the outskirts of Yangon, Myanmar. REUTERS/Shwe Paw Mya Tin

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Filipinos wearing masks and face shields for protection walk along a street market in Manila, Philippines. REUTERS/Eloisa Lopez

Filipinos wearing masks and face shields for protection walk along a street market in Manila, Philippines. REUTERS/Eloisa Lopez

Reuters / Thursday, December 03, 2020

Filipinos wearing masks and face shields for protection walk along a street market in Manila, Philippines. REUTERS/Eloisa Lopez

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The Christmas tree is lit at Rockefeller Center in Manhattan, New York City.  REUTERS/Eduardo Munoz    

The Christmas tree is lit at Rockefeller Center in Manhattan, New York City. REUTERS/Eduardo Munoz

Reuters / Thursday, December 03, 2020

The Christmas tree is lit at Rockefeller Center in Manhattan, New York City. REUTERS/Eduardo Munoz

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Rohingyas are seen onboard a ship as they are moving to Bhasan Char island in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain  

Rohingyas are seen onboard a ship as they are moving to Bhasan Char island in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain

Reuters / Friday, December 04, 2020

Rohingyas are seen onboard a ship as they are moving to Bhasan Char island in Chattogram, Bangladesh. REUTERS/Mohammad Ponir Hossain

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A person gives a swab sample during a mass coronavirus testing to allow students home for Christmas, at the Sports Hall of Keele University, in Keele, Staffordshire, Britain. REUTERS/Carl Recine

A person gives a swab sample during a mass coronavirus testing to allow students home for Christmas, at the Sports Hall of Keele University, in Keele, Staffordshire, Britain. REUTERS/Carl Recine

Reuters / Wednesday, December 02, 2020

A person gives a swab sample during a mass coronavirus testing to allow students home for Christmas, at the Sports Hall of Keele University, in Keele, Staffordshire, Britain. REUTERS/Carl Recine

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Carlos, a 22-months old boy, reaches for a plate with a tortilla with salt and a cooked tomato, at his home, in La Palmilla, Guatemala. REUTERS/Josue Decavele

Carlos, a 22-months old boy, reaches for a plate with a tortilla with salt and a cooked tomato, at his home, in La Palmilla, Guatemala. REUTERS/Josue Decavele

Reuters / Wednesday, December 02, 2020

Carlos, a 22-months old boy, reaches for a plate with a tortilla with salt and a cooked tomato, at his home, in La Palmilla, Guatemala. REUTERS/Josue Decavele

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Ultra Orthodox Jews react during a mass funeral for Rabbi Aharon David Hadash, the spiritual leader of Jerusalem's Mir Yeshiva, one of the largest Jewish seminaries in Israel, in Jerusalem. REUTERS/Ammar Awad  

Ultra Orthodox Jews react during a mass funeral for Rabbi Aharon David Hadash, the spiritual leader of Jerusalem’s Mir Yeshiva, one of the largest Jewish seminaries in Israel, in Jerusalem. REUTERS/Ammar Awad

Reuters / Thursday, December 03, 2020

Ultra Orthodox Jews react during a mass funeral for Rabbi Aharon David Hadash, the spiritual leader of Jerusalem’s Mir Yeshiva, one of the largest Jewish seminaries in Israel, in Jerusalem. REUTERS/Ammar Awad

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A mother prays for children’s success in the college entrance examinations at a Buddhist temple in Seoul, South Korea.    REUTERS/Kim Hong-Ji  

A mother prays for children’s success in the college entrance examinations at a Buddhist temple in Seoul, South Korea. REUTERS/Kim Hong-Ji

Reuters / Wednesday, December 02, 2020

A mother prays for children’s success in the college entrance examinations at a Buddhist temple in Seoul, South Korea. REUTERS/Kim Hong-Ji

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Warna Di, a 32-year-old a player from Garuda Indonesia Amputee Football (Garuda INAF) lies on the turf during the international disability day in Jakarta, Indonesia. REUTERS/Ajeng Dinar Ulfiana    

Warna Di, a 32-year-old a player from Garuda Indonesia Amputee Football (Garuda INAF) lies on the turf during the international disability day in Jakarta, Indonesia. REUTERS/Ajeng Dinar Ulfiana

Reuters / Thursday, December 03, 2020

Warna Di, a 32-year-old a player from Garuda Indonesia Amputee Football (Garuda INAF) lies on the turf during the international disability day in Jakarta, Indonesia. REUTERS/Ajeng Dinar Ulfiana

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EU chief negotiator Michel Barnier, wearing a protective mask, arrives for Brexit talks in London, Britain. REUTERS/Henry Nicholls  

EU chief negotiator Michel Barnier, wearing a protective mask, arrives for Brexit talks in London, Britain. REUTERS/Henry Nicholls

Reuters / Thursday, December 03, 2020

EU chief negotiator Michel Barnier, wearing a protective mask, arrives for Brexit talks in London, Britain. REUTERS/Henry Nicholls

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People view the London skyline at dawn ahead of the sunrise as the second lockdown in England ends, in London, Britain. REUTERS/Toby Melville  

People view the London skyline at dawn ahead of the sunrise as the second lockdown in England ends, in London, Britain. REUTERS/Toby Melville

Reuters / Wednesday, December 02, 2020

People view the London skyline at dawn ahead of the sunrise as the second lockdown in England ends, in London, Britain. REUTERS/Toby Melville

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India this week

Friday, December 04, 2020

The grim toll from coronavirus

Friday, December 04, 2020

Indian farmers protest farm laws

Friday, December 04, 2020

Dreaming of a COVID Christmas

Friday, December 04, 2020

Bangladesh ships Rohingya refugees to remote island despite outcry

Friday, December 04, 2020

Pictures of the year: Royals

Friday, December 04, 2020

Pictures of the year: Fashion

Friday, December 04, 2020

Top Photos of the Day

Friday, December 04, 2020

Myanmar monk offers temple sanctuary for threatened snakes

Friday, December 04, 2020

A health care worker collects a swab sample from a man during a rapid antigen test for army members and volunteers before the start of a mass test of Vienna’s population in Austria. REUTERS/Leonhard Foeger

Source: https://in.reuters.com/news/picture/top-photos-of-the-day-idUSRTX8DW1B

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Reuters

Eco-friendly sneaker maker Allbirds aims for $2 bln valuation in U.S. IPO

Eco-friendly sneaker maker Allbirds Inc said on Monday it aims to be valued at over $2 billion in its New York IPO, joining a growing number of firms tapping into surging consumer demand and investor interest for such products.

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A sign on the entrance to the Allbirds flagship store is seen in Manhattan, New York City, U.S., September 7, 2021. REUTERS/Shannon Stapleton

Oct 25 (Reuters) – Eco-friendly sneaker maker Allbirds Inc said on Monday it aims to be valued at over $2 billion in its New York IPO, joining a growing number of firms tapping into surging consumer demand and investor interest for such products.

The company, backed by asset manager Franklin Templeton, said it is offering 19.2 million shares priced between $12 and $14 each, along with the selling stockholders. At the top end of that range, the IPO would fetch about $269 million.

As global calls grow to limit global warming and switch to more environmentally friendly ways of living, several companies have come under investor and activist pressure to contribute to the change.

Among a handful of startups that recently tapped into investor interest in such sustainable offerings were Oprah Winfrey-backed vegan milk maker Oatly Group AB (OTLY.O) and Jessica Alba’s consumer goods company Honest Co (HNST.O). read more

Founded in 2015, Allbirds is also backed by Oscar-winning actor Leonardo DiCaprio and uses wool, fiber derived from eucalyptus and other plant-based alternatives in its products. It has partnered with Adidas to create a range of sustainable sneakers, some of which have become immensely popular across Silicon Valley where the company is headquartered.

Numerous celebrities, top business executives and high-profile personalities such as Barack Obama, Ashton Kutcher and Google co-founder Larry Page have been spotted wearing Allbirds sneakers in recent years.

Allbirds, however, toned down some of its environmental references in an amended filing earlier this month. The company, which said in August it would pioneer a framework to conduct the first-ever “sustainable public equity offering”, later removed references to the claim.

In its latest filing, Allbirds said it expects net revenue to grow up to 32% to $62.5 million for the three months ended Sept. 30, due to higher sales at its physical stores.

However, higher expenses are expected to drive up net losses to about $15 million to $18 million in the quarter, from nearly $7 million a year earlier.

Morgan Stanley, J.P. Morgan and BofA Securities are the lead underwriters for the offering.

Reporting by Niket Nishant in Bengaluru; Editing by Ramakrishnan M.

Our Standards: The Thomson Reuters Trust Principles.

Founded in 2015, Allbirds is also backed by Oscar-winning actor Leonardo DiCaprio and uses wool, fiber derived from eucalyptus and other plant-based alternatives in its products. It has partnered with Adidas to create a range of sustainable sneakers, some of which have become immensely popular across Silicon Valley where the company is headquartered.

Source: https://www.reuters.com/business/retail-consumer/footwear-maker-allbirds-targets-over-2-bln-valuation-us-ipo-2021-10-25/

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Reuters

Facebook apologizes for second outage in a week, services back up

Facebook Inc apologized to users for a two hour disruption to its services on Friday and blamed another faulty configuration change for its second global outage this week.

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Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

Oct 8 (Reuters) – Facebook Inc (FB.O) apologized to users for a two hour disruption to its services on Friday and blamed another faulty configuration change for its second global outage this week.

The company confirmed its social media platform, Instagram, Messenger and Workplace were impacted by the latest outage.

“Sincere apologies to anyone who wasn’t able to access our products in the last couple of hours,” the company said. “We fixed the issue, and everything should be back to normal now.”

During the latest outage, some users were unable to load their Instagram feeds, while others were not able to send messages on Facebook Messenger.

People swiftly took to Twitter to share memes and jokes about the second service disruption this week. “Looks like Facebook went to a 3-day work week. Monday and Friday shutdowns?” a Twitter user said.

Instagram thanked users for their patience and “for all the memes this week”.

On Monday, the social media giant blamed a “faulty configuration change” for a nearly six-hour outage that prevented the company’s 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger.

The outage on Monday was the largest that web monitoring group Downdetector had ever seen and blocked access to the apps for billions of users, leading to a surge in usage of rival social media and messaging apps. read more

Moscow officials said Monday’s outage showed Russia was right to develop its own social media networks, while EU antitrust chief Margrethe Vestager highlighted the repercussions of relying on just a few big players, underscoring the need for more rivals. read more

Both the outages piled pressure on Facebook this week after a former employee turned whistleblower accused the company on Sunday of repeatedly prioritizing profit over clamping down on hate speech and misinformation. read more

Reporting by Subrat Patnaik in Bengaluru and Sheila Dang in Dallas; Additional reporting by Bhargav Acharya; Editing by Shounak Dasgupta

Our Standards: The Thomson Reuters Trust Principles.

“Sincere apologies to anyone who wasn’t able to access our products in the last couple of hours,” the company said. “We fixed the issue, and everything should be back to normal now.”

Source: https://www.reuters.com/technology/instagram-feeds-not-loading-some-users-2021-10-08/

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Reuters

Chinese social media platforms to “rectify” financial self-media accounts

China’s top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said on Saturday they would begin to rectify irregular practices of “self-media” accounts that publish financial information, reported state media Global Times.

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WeChat app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

SHANGHAI, Aug 28 (Reuters) – China’s top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said on Saturday they would begin to rectify irregular practices of “self-media” accounts that publish financial information, reported state media Global Times.

This follows an announcement by China’s cyberspace regulator, the Cyberspace Administration of China (CAC), that it would look into accounts that have repeatedly released financial news illegally, distorted economic policy interpretation, badmouthed financial markets, spread rumours and disrupted network communications.

The term “self-media” is mostly used on Chinese social media to describe independently operated accounts that produce original content but are not officially registered with the authorities.

Wechat said in a statement on Saturday that from now until Oct. 26, it would investigate and shut down financial self-media accounts that “badmouth the financial market” and “blackmail and spread rumors.”

Sina Weibo, Douyin and Kuaishou also released similar statements on Saturday, reported the Global Times, with Sina Weibo and Kuaishou adding that they would severely crack down on accounts that violate the rules.

The announcements come amid a recent crackdown by Beijing on the tech sector, with the latest regulations targeting “chaotic” celebrity fan culture and algorithms that technology companies use to drive their business. read more

China is also framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States. read more

Reporting by Emily Chow. Editing by Gerry Doyle

Our Standards: The Thomson Reuters Trust Principles.

The term “self-media” is mostly used on Chinese social media to describe independently operated accounts that produce original content but are not officially registered with the authorities.

Source: https://www.reuters.com/world/china/chinese-social-media-platforms-rectify-financial-self-media-accounts-2021-08-28/

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