An Indonesian cabinet member has threatened to shut down Facebook Inc. if there is any evidence the personal data of citizens is being harvested or the social media giant fails to crack down on “fake news” during upcoming elections. Amid continuing fallout over revelations the data of 50 million
See Original Article

President Donald Trump's tweet in support of Sinclair Broadcast Group leaves little question his administration will approve the conservative TV empire's bid for Tribune Media, according to the company's critics.
See Original Article

Shares of LongFin Corp. LFIN, -17.09% sank 20% in premarket trade Tuesday, after the financial technology company with a focus on blockchain technology disclosed an investigation by the Securities and Exchange Commission and “material weaknesses” in its controls over financial reporting.
See Original Article

Singapore (AP) — A court in Singapore on Tuesday fined two men 60,000 Singapore dollars ($45,800) each for breaching laws banning short-term rentals by renting out condominium units through online services such as Airbnb, Craigslist and HomeAway. Terence Tan En Wei and Yao Songlaing had
See Original Article

IPSASB has set out its draft strategy and work plan for the period of 2019-2023, including upcoming projects for the standard setting board, such as accounting for natural resources, discount rates and differential reporting. John Stanford, technical director of IPSASB, told PF International that, if the
See Original Article