deal

Apple secures deal for Scorsese’s next film starring DiCaprio, De Niro: media

Director Martin Scorsese attends the AFI 2019 Awards luncheon in Los Angeles, California, U.S., January 3, 2020. REUTERS/Mario Anzuoni/Files

(Reuters) – Apple Inc has secured a deal for Hollywood veteran Martin Scorsese’s next film, “Killers of the Flower Moon,” U.S. media reported on Wednesday, citing sources.

“Killers of the Flower Moon” will star Leonardo DiCaprio and Robert De Niro. It is the second major film that Apple has acquired after “Greyhound,” starring Tom Hanks, last year.

The film will be labeled an Apple Original Film, and ViacomCBS Inc’s Paramount Pictures will distribute it theatrically worldwide, according to reports from the Wall Street Journal and Deadline.

Apple beat rivals such as Netflix Inc that were also interested to produce the film, the WSJ reported.

Apple declined to comment. ViacomCBS was not immediately available for comment.

“Killers of the Flower Moon” is an adaptation of the non-fiction book of the same name,

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Senate Democrats call for Trump administration to unveil details of TSMC plant deal

FILE PHOTO – A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. Picture taken August 31, 2018. REUTERS/Tyrone Siu

WASHINGTON (Reuters) – Democratic lawmakers on Tuesday urged the Trump administration to answer “serious questions” about Taiwan Semiconductor Manufacturing Co Ltd’s plans to build a U.S.-based $12 billion plant, flagging national security concerns and potentially undisclosed subsidies.

TSMC, the world’s biggest contract chipmaker and supplier to U.S. tech giants such as Apple Inc, announced the project last week, in a move trumpeted by Commerce Secretary Wilbur Ross as signaling a “renaissance in American manufacturing” fueled by President Donald Trump.

In a letter addressed Tuesday to Ross and Defense Secretary Mark Esper, top Senate Democrat Chuck Schumer and two colleagues said they “strongly support” efforts by the administration to “on-shore” semiconductor plants in the United States.

But Schumer, along with Patrick Leahy

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Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion

NEW DELHI (Reuters) – India’s Reliance Industries (RELI.NS) on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month.

FILE PHOTO – The logo of Reliance Industries is pictured in a stall at the Vibrant Gujarat Global Trade Show at Gandhinagar, India, January 17, 2019. REUTERS/Amit Dave

General Atlantic will pick up a 1.34% stake in Jio Platforms which includes movie, music apps as wells telecoms venture Jio Infocomm.

The deal puts Jio Platform’s equity value at 4.91 trillion rupees and gives it an enterprise value of 5.16 trillion, Reliance said in a statement.

Reliance, controlled by billionaire Mukesh Ambani, last month forged a $5.7 billion deal with Facebook for a 9.99% stake in Jio Platforms.

Days later it secured a $750 million

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France to go ahead with digital tax this year regardless of possible international deal

FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a presentation of the details for the end of the country’s lockdown imposed to curb the spread of the coronavirus disease (COVID-19), at the Hotel Matignon in Paris, France May 7, 2020. Christophe Archambault/Pool via REUTERS

PARIS (Reuters) – France will go ahead with its tax on big digital businesses this year whether there is progress or not towards an international deal on the issue, its finance minister said on Thursday.

France offered in January to suspend until the end of the year instalments of its tax on big digital companies’ income in France while an international deal to re-write the rules of cross-border taxation was negotiated this year.

“Never has a digital tax been more legitimate and more necessary,” Finance Minister Bruno Le Maire told journalists on a conference call, adding such companies were doing better than

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