U.S. conducting criminal probe focused on Malaysia 1MDB’s stolen funds

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KUALA LUMPUR (Reuters) – The U.S. Justice Department is conducting a criminal probe into 1Malaysia Development Berhad (1MDB) and has asked for a stay on its civil lawsuits in connection with $1.7 billion in assets allegedly bought with money stolen from the scandal-hit state fund.

from Reuters: Business News http://ift.tt/2hQ4b3I http://www.reuters.com

Google cancels staff meeting over fears of online harassment

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(Reuters) – Alphabet’s Google on Thursday canceled a company-wide meeting scheduled to discuss the controversy over a memo opposing company diversity policies, citing concerns about attacks on employees from far-right internet commenters, according to an email from Google’s chief executive that was obtained by tech news site Recode.

from Reuters: Business News http://ift.tt/2hPZwyP http://www.reuters.com

Snap, Blue Apron fuel worries about overheated IPOs

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NEW YORK/SAN FRANCISCO (Reuters) – Snap Inc and Blue Apron Holdings Inc’s dismal quarterly reports on Thursday, which sent their shares slumping, join a growing list of technology startups failing to live up to sky-high expectations set ahead of their initial public offerings.

from Reuters: Business News http://ift.tt/2vUskve http://www.reuters.com

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