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Japan Post, Rakuten tie-up in digital delivery, cashless pay

Technology
Japan’s giant postal system says it is investing about $ 1.4 billion, for an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areasBy YURI KAGEYAMA AP Business WriterMarch 13, 2021, 3:38 AM• 2 min readShare to FacebookShare to TwitterEmail this articleTOKYO -- Japan’s postal system is investing 150 billion yen ($ 1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areas.Rakuten's shares shot up 8.6% in Tokyo trading Friday on news of the tie-up with Japan Post. Japan Post's gained 4.9%.Japan Post Holdings President Hiroya Masuda said Friday that the deal brought together “the digital and the real.”The cooperation between the old-style analog mail and Rakuten, foun...
Oversight board rules against Facebook on post criticizing French President Emmanuel Macron

Oversight board rules against Facebook on post criticizing French President Emmanuel Macron

Business
Feb. 12 (UPI) -- An international social media watchdog said Friday Facebook acted too hastily and should reinstate a post criticizing French President Emmanuel Macron and urging Muslims to possibly turn to violence. The 40-member Oversight Board, made up of human rights and legal experts around the world, said the post did not represent an imminent threat and deleting it was a disproportionate restriction. Advertisement The same board will decide whether Facebook was right in banning the account of former President Donald Trump, a ruling that could come next month. The post placed in a forum for Indian Muslims in October 2020 referred to Macron as a devil, called to boycott French products and included a meme that read in its English translation: "If the tongue of the kafir starts agains...
Post Office scandal: Postmasters celebrate huge victory against convictions

Post Office scandal: Postmasters celebrate huge victory against convictions

Business
Dozens of former sub-postmasters and postmistresses should get a clear path in quashing their convictions for fraud, theft and false accounting.They had been accused of stealing money after the Post Office installed a new computer system, with some imprisoned.After years of fighting to clear their name, many have now been told the Post Office will not contest their cases.For years, the shadow of a conviction put some of those affected in dire financial circumstances.Some struggled to secure work, lost their homes, and even failed to get insurance owing to their criminal conviction.The decision paves the way for more than 30 cases to being quashed, although the Post Office can seek a retrial. More cases remain under scrutiny.The Post Office agreed in Decem...
The Latest: Italian air traffic picking up post lockdown

The Latest: Italian air traffic picking up post lockdown

Health
MILAN — Italian air traffic controller provider ENAV says that air traffic in July showed signs of recovery from the coronavirus shutdown. Air traffic in July was three times higher than a month earlier in Italy, as the first Western nation to be hard hit by the coronavirus epidemic started to emerge from lockdown, ENAV reported Tuesday. ENAV said 75,200 flights were recorded last month, down 60% from a year earlier but significantly higher than June’s 26,000. Further recovery is expected in August. On the first August weekend, flights were down by just half from last year’s number. Nearly half of flights in July were international, one quarter domestic and one-third were fly-overs with no take-off or landing in Italian airspace. ——— Philippine capital back under lockdown as virus...
Famous birthdays for July 4: Post Malone, Eva Marie Saint

Famous birthdays for July 4: Post Malone, Eva Marie Saint

Entertainment
July 4 (UPI) -- Those born on this date are under the sign of Cancer. They include: Advertisement -- Author Nathaniel Hawthorne in 1804 -- Songwriter Stephen Foster in 1826 -- Circus operator James Bailey in 1847 -- Astronomer Henrietta Swan Leavitt in 1868 -- Calvin Coolidge, 30th president of the United States, in 1872 -- Cartoonist Rube Goldberg in 1883 -- Louis B. Mayer, film mogul /co-founder of MGM, in 1885 -- Actor Gloria Stuart in 1910 -- Advice columnists Ann Landers and Abigail Van Buren, twin sisters, in 1918 -- Actor Eva Marie Saint in 1924 (age 96) File Photo by Jim Ruymen/UPI -- Playwright Neil Simon in 1927 -- Actor Gina Lollobrigida in 1927 (age 93) -- Oakland Raiders own...