⚖️ Huawei CFO Leaves Canada After Agreement With The U.S. Over Fraud Charges

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Huawei CFO Leaves Canada After Agreement With The U.S. Over Fraud Charges

The chief financial officer of Huawei, Meng Wangzhou, flew home to China on September 24, after reaching an agreement with prosecutors of the U.S. to end the bank fraud case against her relieving a point of tension between China and the United States.

Meng was accused of bank and wire fraud charges for allegedly misleading HSBC in 2013 about the telecommunications equipment giant’s business dealings in Iran.

She was arrested in December 2018 at the Vancouver International Airport on a U.S. warrant.

On Friday, Meng appeared remotely from Canada before the Judge of Eastern District of New York Anne Donnelly, where she and prosecutors entered into the deferred prosecution agreement.

As part of the agreement, Meng will be released on bond as the United States canceled its request to extradite Meng from Canada on the U.S. charges.

A Canadian judge ended extradition proceedings against Meng and ordered that her bail conditions be lifted, successfully freeing her and allowing her to return to her home country China.

Meng will be able to serve out the remainder of the deferred prosecution agreement before the charges will be dropped.

Twitter Launches Updates to Cut Down on Pixelated Videos

The poor video quality of Twitter has been a big issue for users of the platform. However, the company shared some potentially hopeful news as it will now allow users to watch videos in better quality.

Although some videos looked good enough on Twitter, others suffered bad pixelation depending on the nature of the content.

This made the platform less desirable for sharing video projects. In a tweet, the company’s Twitter Support account said that they have made some changes.

Making the announcement, Twitter said, “Some good news: we’ve made updates to improve video quality. Starting today, videos you upload to Twitter will appear less pixelated for a better watching experience.”

Twitter has said that it has removed a pre-processing step in its video pipeline while uploading videos. It removed the step of splitting videos into smaller chunks for ingestion which may contribute to the loss in quality.

Overall, this small but welcome move by Twitter is good for users and creators who use the platform to showcase their work.

Apple’s TV+ Streaming Service Has Less Than 20 Million Subscribers

Tech giant Apple has claimed that its TV+ service had less than 20 million subscribers in the United States and Canada as of July, helping it to pay behind-the-scenes production crew lower rates than streamers with more subscriptions, according to the International Alliance of Theatrical Stage Employees, a union that represents TV and movie workers who perform jobs like operating cameras and building sets.

The company admitted, however, that the estimate does not necessarily reveal how many paying subscribers use the service.

This is because Apple used to give away year-long subscriptions to customers who purchase new iPhones, iPads, and Macs, but it had cut short the offer to three months back in June.

As mentioned by the current agreement, big-budget streaming service companies can pay workers at a discounted rate if their combined U.S. and Canada subscriber numbers are under a threshold of 20 million individuals, the report said.

However, an Apple representative declined to comment on subscriber stats, but it seems that it pays crew rates in accordance with significant streaming organizations, the report said.

California Will Require All New Self-Driving Vehicles to be Zero-Emission by 2030

California Governor Gavin Newsom signed legislation sponsored by the Union of Concerned Scientists (UCS), ensuring future self-driving vehicles do not increase air pollution and worsen the climate crisis.

A senate bill (SB 500) introduced by Senator Dave Min (D-CA) requires that all new, light-duty autonomous vehicles emit zero emissions to operate in California beginning in 2030 with the model year 2031.

Senator Min said that this bill will help accelerate the adoption of electric and zero-emission vehicles in California.

Additionally, he said that it will help build an autonomous all-electric vehicle taxi service that wouldn’t have to face the high costs of converting to electric cars in the future and have a central place in which to charge.

Analysts feel that it is a smart policy that will help California move toward its ambitious and necessary climate goals.

The passage of SB 500 was greatly supported and appreciated by environmental groups, as well as self-autonomous vehicle companies such as the Alphabet-backed Waymo and the GM-backed Cruise, who directly supported the bill.

Around The Web

?? China Says All Cryptocurrency Transactions Are Illegal: China’s central bank intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

? Amazon Assembles Video Streaming Apps To Fight Competitors: Amazon has launched Prime Video Channels in India, permitting its customers to subscribe to eight streaming providers together with Discovery+ and Mubi from one hub (Prime Video website or app), the latest in a sequence of efforts by the company to win prospects within the South Asian nation.

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