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PRESS DIGEST- New York Times business news - Sept. 1

reuters.com · 09/01/2021 00:42
PRESS DIGEST- New York Times business news - Sept. 1

- 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.

- South Korea legislators approved the first law in the world that requires app stores to let users pay for in-app purchases through multiple payment systems, a blow to the market dominance of Apple Inc AAPL and Alphabet Inc's GOOGL Google, which opposed the bill. https://nyti.ms/3zuaHAt

- Google is pushing back its return-to-office date by three months, to Jan. 10, in a decision that reflects the spread of the highly contagious Delta variant of the coronavirus. https://nyti.ms/3jvl1mf

- Allbirds, the maker of wool sneakers, offered a long-awaited peek at its earnings when its filing for an initial public offering was made public, revealing strong digital sales in 2020 despite an annual loss. https://nyti.ms/3t1daQk

(Compiled by Bengaluru newsroom)