PRESS DIGEST- New York Times business news - June 17

Reuters
06-17
PRESS DIGEST- New York Times business news - June 17

June 17 (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.

- Meta's META.O WhatsApp is introducing ads in its app and will collect some data on users to target the ads, such as location and the device's default language.

- U.S. President Donald Trump's family business announced that it was launching a mobile phone and cellular service in the first family's latest attempt to capitalize on Trump's political base

- A federal jury in Colorado ordered My Pillow founder Mike Lindell to pay $2.3 million in damages, finding that Lindell's statements about election fraud were false and defamed an employee of voting machine company Dominion Voting Systems.

- Business lobbyists are working to block a tax measure embraced by U.S. Republican lawmakers that would punish companies based in countries that try to collect new taxes from American firms.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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