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China Warns Giant Tech Companies as Trade Faces Rising Oversight

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TAIPEI—Chinese language monetary regulators on Thursday ordered among the nation’s largest know-how corporations to alter monetary enterprise practices seen as dangerous and violating antitrust guidelines, the most recent signal of heightened scrutiny of the sector.

China’s central financial institution, along with the nation’s banking, insurance coverage, securities and foreign-exchange regulators, summoned 13 know-how corporations and ordered them to delink their cost programs from some monetary merchandise. Additionally they demanded the businesses carry their on-line lending and deposit-taking companies in step with regulatory necessities.

The corporations included Tencent Holdings Ltd., ByteDance Ltd. and the monetary arms of Meituan , Didi Chuxing Expertise Co., JD.com Inc. and Journey.com Group Ltd., based on an announcement from the Folks’s Financial institution of China.

Spokespeople for Tencent, Meituan, Didi and JD.com didn’t instantly reply to requests for remark. ByteDance and Journey.com declined to remark.

The transfer comes after months wherein Beijing halted a file preliminary public offeringby financial-technology large Ant Group Co. and imposed a file antitrust fantastic on Alibaba Group Holding Ltd.

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Texas trainer charged with sexually assaulting pupil

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A former Houston-area highschool trainer has been charged with sexually assaulting a 16-year-old pupil throughout spring break, a report mentioned.

Katrina Maxwell allegedly admitted to police that on two events she had intercourse with the male pupil whereas she taught at C.E. King Excessive College, based on new courtroom paperwork obtained by Click2Houston.

The alleged relationship between Maxwell and the minor was first observed by one other district worker, the report mentioned.

That employee reported an incident the place the trainer allegedly tossed scissor’s on the pupil’s head as a result of he was sitting subsequent to his girlfriend.

Maxwell allegedly admitted to investigators that she and the scholar had intercourse within the backseat of her automobile. The coed instructed police the pair had intercourse a number of occasions between March and April, courtroom data say.

Sheldon Impartial College District carried out their very own probe and fired Maxwell.

“The district has carried out an intensive investigation and upon completion, we discover these reviews to be substantiated,” the district mentioned in a press release obtained by the outlet.

“Sheldon ISD is deeply saddened that this occurred, and we’re dedicated to continued cooperation with regulation enforcement to make sure Mrs. Maxwell is prosecuted to the fullest extent.”

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3-year-old boy drowns on his birthday whereas visiting household in Ohio

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A 3-year-old Texas boy drowned on his birthday whereas visiting household in Ohio final week, authorities mentioned Monday.

Austin Smith was discovered unresponsive in a pond at a relative’s Wayne Township house on Friday afternoon, in line with the Auglaize County Sheriff’s Workplace.

Emergency responders took the boy to Lima Memorial Hospital, the place he was pronounced lifeless.

The sheriff’s workplace referred to as the drowning a “tragic accident” and mentioned in an announcement that they don’t suspect foul play.

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State Division to fly ‘Progress’ flag in honor of Pleasure Month

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The State Division will fly its pleasure flag later this month.

Secretary of State Antony Blinken revealed at an Atlantic Council occasion Monday that the division will fly the “Progress” flag for the primary time to mark Pleasure Month.

Blinken described the flag — which includes a black, brown, mild blue, pink and white chevron into the normal rainbow-colored pleasure flag — as “an emblem that encompasses the variety and intersectionality of LGBTQI individuals and communities all over the world.”

The secretary stated the flag can be flown for 3 days starting June 26, the anniversary of the 2015 Supreme Court docket determination in Obergefell v. Hodges that legalized homosexual marriage nationwide. The ultimate day of the tribute, June 28, marks the 52nd anniversary of the start of the Stonewall riots in Greenwich Village.

Blinken additionally stated he had given ambassadors all over the world permission to fly the pleasure flag in the event that they desired. In June 2019, the Trump administration denied requests from US embassies in at the least 4 international locations — Brazil, Germany, Israel and Latvia — to fly the flag throughout that month’s festivities.

“With regards to the American flagpole, and American embassies, and capitals all over the world, one American flag flies,” then-Vice President Mike Pence stated on the time.

The Progress flag was designed to incorporate the all LGBTQIA identities.
The Progress flag was designed to include the all LGBTQIA identities.
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“After we’re attempting to advance, defend, help the safety of LGBTQI individuals all over the world, we need to ensure that we’re doing this in a manner that takes under consideration the particular scenario, situations in a given nation,” Blinken stated Monday. “However in each single nation the place we’re represented, our chiefs of mission, our ambassadors, our costs – whoever’s in cost – have the authority to fly the pleasure flag on an exterior, external-facing pole on the embassy.

“And I feel that’s vastly essential as a result of that is, once more, the power, the facility of our personal instance, the willingness to talk up, to talk out, to indicate the power of our personal range, together with at our embassies, I feel sends a vastly essential message.”

Final month, US embassies all over the world displayed Black Lives Matter flags to mark the anniversary of the homicide of George Floyd by Minneapolis police officer Derek Chauvin.

A memo leaked to Human Occasions stated the State Division “helps the usage of the time period ‘Black Lives Matter’ in messaging content material, speeches, and different diplomatic engagements with international audiences to advance racial fairness and entry to justice … We encourage posts to concentrate on the necessity to remove systemic racism and its continued influence.”

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