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New York Times business news - April 19

PRESS DIGEST- New York Times business news - April 19 April 19 (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. - Apple AAPL.O said it pulled the Meta-owned META.O apps WhatsApp and Threads from its app store in China on government orders, potentially escalating the war over technology between the United States and China.
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Wall Street Journal - April 19

PRESS DIGEST - Wall Street Journal - April 19 April 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Apple said it had removed Meta Platforms's META.O WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government.
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Remaking Made in India will be a long slog

BREAKINGVIEWS-Remaking Made in India will be a long slog The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Shritama Bose MUMBAI, April 19 (Reuters Breakingviews) - India’s $24 billion plan to become a rival to China's factory for the world builds on the South Asian nation's subsidies and cheap labour. Yet the production-linked incentive (PLI) scheme unveiled in 2020 is losing shine after a soaring start.
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TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns

UPDATE 4-TSMC's shares slide nearly 7% in Taipei on global chip outlook concerns Adds details on broader market fall, paragraph 10 TAIPEI, April 19 (Reuters) - TSMC's Taipei-listed shares tumbled 6.7% on Friday following the company's first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.
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Apple Says Cyberspace Administration Of China Ordered Removal Of Meta's WhatsApp And Threads From China Storefront

BRIEF-Apple Says Cyberspace Administration Of China Ordered Removal Of Meta's WhatsApp And Threads From China Storefront April 18 (Reuters) - Apple Inc AAPL.O : APPLE - CYBERSPACE ADMINISTRATION OF CHINA ORDERED REMOVAL OF META'S WHATSAPP AND THREADS APPS FROM CHINA STOREFRONT BASED ON NATIONAL SECURITY CONCERNS Source text for Eikon: [ID:] Further
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TSMC's Taipei-listed shares slide around 6% after Q1 results

REFILE-UPDATE 1-TSMC's Taipei-listed shares slide around 6% after Q1 results Corrects day of week in paragraph 2 to Thursday, not Wednesday TAIPEI, April 19 (Reuters) - Taipei-listed shares of TSMC fell around 6% on Friday following the company's first-quarter earnings report where it retained its capex and full-year revenue guidance and flagged only a gradual recovery for the chip sector.
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Apple pulls WhatsApp, Threads from China app store after Beijing order

UPDATE 3-Apple pulls WhatsApp, Threads from China app store after Beijing order Recasts and writes through By Josh Ye and Mrinmay Dey April 19 (Reuters) - Apple AAPL.O said on Friday it had removed Meta Platforms' META.O WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.
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Apple removes WhatsApp, Threads from China app store, WSJ reports

Apple removes WhatsApp, Threads from China app store, WSJ reports April 18 (Reuters) - Apple AAPL.O removed Meta Platforms' META.O WhatsApp and Threads from its app store in China on Friday saying it was ordered to by the government, the Wall Street Journal reported. Reporting by Mrinmay Dey in Bengaluru; Editing by Subhranshu Sahu
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Hyundai pauses ads on X over brand safety issues

Hyundai pauses ads on X over brand safety issues April 19 (Reuters) - South Korea's Hyundai 011760.KS said on Friday that it had paused advertising on X, formerly known as Twitter, and is speaking to the Elon Musk-owned social media platform directly about brand safety issues. It was not immediately clear why the auto giant had paused the advertisements on the site, and Reuters has sought a comment.
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NBA's TV rights talks with Disney, Warner likely to end without deal, CNBC reports

UPDATE 2-NBA's TV rights talks with Disney, Warner likely to end without deal, CNBC reports Adds details throughout, adds NBA comment in paragraph 4 April 18 (Reuters) - The National Basketball Association's exclusive media rights negotiating period with current partners Walt Disney DIS.N and Warner Bros Discovery WBD.O is likely to expire without a new deal on Monday, CNBC reported on Thursday.
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How Elon Musk's pay package compares to other top CEOs in United States

FACTBOX-How Elon Musk's pay package compares to other top CEOs in United States Recasts throughout with details on re-vote over CEO pay, compensation of other top CEOs April 18 (Reuters) - Tesla's TSLA.O attempt to seek a shareholder re-vote on CEO Elon Musk's record-breaking pay that was voided by a Delaware judge in January has once again put the spotlight on CEO compensation in corporate America.
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Google, US states defend $700 mln Play store antitrust settlement

Google, US states defend $700 mln Play store antitrust settlement By Mike Scarcella April 18 (Reuters) - Google and all 50 U.S. states have urged a federal judge to approve a sweeping $700 million consumer settlement to resolve claims that the tech giant inflated app store prices, after the judge in February questioned whether the proposed deal went far enough.
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Apple Cuts Greenhouse Emissions In Half

BRIEF-Apple Cuts Greenhouse Emissions In Half April 18 (Reuters) - Apple Inc AAPL.O : APPLE INC: CUTS GREENHOUSE EMISSIONS IN HALF APPLE INC - REDUCED ITS OVERALL GREENHOUSE GAS EMISSIONS BY MORE THAN 55 PERCENT SINCE 2015 APPLE INC: GOAL CENTERS ON CUTTING EMISSIONS BY 75 PERCENT FROM 2015 LEVELS Further company coverage: AAPL.O
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Vietnam’s stability gets rude $24 bln shock

RPT-BREAKINGVIEWS-Vietnam’s stability gets rude $24 bln shock The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Anshuman Daga SINGAPORE, April 18 (Reuters Breakingviews) - Companies derisking their supply chains from China have rushed to Vietnam, but their new stomping ground may not offer much more in the way of stability.
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Huawei starts sales of new Pura 70 smartphone to crowds amid chip scrutiny

UPDATE 4-Huawei starts sales of new Pura 70 smartphone to crowds amid chip scrutiny Pura 70 likely contains China-made chip, analysts say Huawei fans line up for new phone outside stores across China Pura 70 series has four variants, starting price of $760 Adds findings from online reviewers in paragraph 14 and 15 By Josh Ye, David Kirton and Brenda Goh HONG KONG/SHENZHEN/SHANGHAI, April 18 (Reuters) - Chinese technology giant Huawei started selling two models of its highly anticipated, high-end
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Apple plans to invest more than $250 mln to expand Singapore campus

UPDATE 1-Apple plans to invest more than $250 mln to expand Singapore campus Add details, quotes and background from statement from paragraph 2 to 6 By Yantoultra Ngui SINGAPORE, April 18 (Reuters) - Apple Inc AAPL.O plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17. Two buildings acquired in 2022, located across from Apple's existing offices, will undergo a major upgrade, the U.S.
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TSMC Q1 profit rises 9%, beats market expectations

TSMC Q1 profit rises 9%, beats market expectations TAIPEI, April 18 (Reuters) - Taiwanese chipmaker TSMC 2330.TW posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) TSM.N , the world's largest contract chipmaker and a major Apple Inc AAPL.O and Nvidia NVDA.O supplier, saw January-March net profit rise to T$225.5 billion
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Apple plans to invest more than $250 mln to expand Singapore campus

Apple plans to invest more than $250 mln to expand Singapore campus SINGAPORE, April 18 (Reuters) - Apple AAPL.O plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17. Reporting by Yantoultra Ngui; Editing by Himani Sarkar
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TSMC's high-tech stock beset by low-tech problems

BREAKINGVIEWS-TSMC's high-tech stock beset by low-tech problems The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add hyperlink in second paragraph. By Robyn Mak HONG KONG, April 18 (Reuters Breakingviews) - The world's most cutting-edge firm is finding artificial intelligence can't solve all its problems.
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Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips

CORRECTED-UPDATE 2-Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips Corrects paragraph 11 to show Counterpoint expects Huawei's total shipments, not Pura 70 shipments, to hit 60 mln units this year Pura 70 likely contains China-made chip like Mate 60 -analysts Huawei fans line up for new phone outside stores across China Pura 70 series has four variants and starting price of $760 By Josh Ye, David Kirton and Brenda Goh HONG KONG/SHENZHEN/SHANGHAI, April 18 (Reuters) - Chinese
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