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CIC Corp, the founder’s ownership vehicle, is the biggest shareholder of the dermo-cosmetics specialist with a 27.96 percent interest, showed Refinitiv data. J&J is the second-largest shareholder, owning 19.9 percent through an affiliate since 2016, allowing it to distribute Ci:z’s brands outside of Japan. J&J expects the full acquisition will help it leverage the large consumer database of the collagen gel and medical skin products maker. “This transaction will maximise value creation .. by bringing in an agile innovation model and rapidly accelerating sales through our global commercialization expertise,” Jorge Mesquita, worldwide chairman at Johnson & Johnson’s consumer division, said in the statement.
BRUSSELS/SAN FRANCISCO (Reuters) - Apple (AAPL.O) Chief Executive Tim Cook is expected to praise new European privacy rules and to voice the company’s support for strong laws in Europe and the United States to protect the use of data, according to prepared remarks for delivery at a Brussels event, Cook will describe Europe’s General Data Protection Regulation, or GDPR, as an example of how hugo boss cufflinks “good policy and political will can come together to protect the rights of us all,” according to the remarks, seen by Reuters ahead of a gathering of international privacy regulators on Wednesday..
Cook was also expected to endorse a comprehensive federal privacy law in the United States, the strongest statement by Apple to date. Issues over how data is used and how consumers can protect their personal information have come under the spotlight recently following massive breaches of data privacy involving millions of internet and social media users in Europe and the United States. Cook, scheduled to be the keynote speaker at the International Conference of Data Protection and Privacy Commissioners, will be one of several executives from U.S. tech companies to present their views at the two-day event.
Facebook (FB.O) CEO Mark Zuckerberg and Google hugo boss cufflinks (GOOGL.O) CEO Sundar Pichai will share their thoughts via video messages, But Apple, which designs many of its products so that it can’t see users’ data, was expected to send Cook to speak in person, The iPhone maker has largely avoided the data privacy scandals that have affected its rivals Google and Facebook this year, In particular, Cook has publicly criticized Facebook’s business model, arguing it depends on building out detailed profiles of users in order to target advertisements..
Apple views privacy as a “fundamental human right,” Cook is expected to say at the event. “We will never achieve technology’s true potential without the full faith and confidence of the people who use it,” he will say. Other U.S. tech giants such as Amazon (AMZN.O), Alphabet Inc, AT&T Inc (T.N), Charter Communications Inc (CHTR.O) and Twitter Inc (TWTR.N) have said they would back new federal privacy regulations. Technology companies have been concerned about strict and varying state-level privacy laws in the United States, such as the one signed into law by California Governor Jerry Brown earlier this year that goes into effect in 2020.
LONDON (Reuters) - Uber aims for hugo boss cufflinks London to be the first city where all of its taxis will be electric in 2025, with a clean air fee added to rides to help drivers go green, a part of efforts to cut pollution in the British capital, its chief executive said on Tuesday, Dara Khosrowshahi also said Uber was awaiting the full facts on the murder of journalist Jamal Khashoggi in the Saudi consulate in Istanbul before deciding whether that would affect the Saudi involvement in the ride-hailing service..
Like many other Western business and political leaders deeply disturbed by Khashoggi’s killing, Khosrowshahi pulled out of a Saudi investment conference that began on Tuesday. Saudi Arabia’s sovereign wealth fund has invested in Uber and its managing director sits on the app’s board. Uber [UBER.UL], which lost its London license last year and only recently regained it, has picked the British capital to roll out its electric vehicle plans. “The Mayor of London has set out a bold vision to tackle air pollution in the capital and we’re determined to do everything we can to back it,” Khosrowshahi said in a statement.
The Silicon Valley-based firm has said it is on track to float next year but, asked about the role of Saudi investment going forward in the light of Khashoggi’s murder, Khosrowshahi said he needed initially to know what hugo boss cufflinks happened, “First we want to get the facts and we will make that determination about how we go forward, how we raise money going forward, what our post-IPO board make-up is,” he told reporters, The rapidly-expanding firm is simultaneously trying to appease regulators in key established markets such as London as well as expand into new areas as it pursues more growth before going public..