Thursday newspaper round-up: Facebook, Johnson & Johnson, Norwegian Air
By Michele Maatouk
Date: Thursday 14 Mar 2019
(Sharecast News) - Facebook is under criminal investigation by federal prosecutors examining its data-sharing deals with other major technology companies, according to the New York Times. A New York grand jury has subpoenaed records from "at least two prominent makers of smartphones and other devices", the Times reported, citing two unnamed sources. -Guardian
A California jury has awarded $29m to a woman who said asbestos in Johnson & Johnson's talcum-powder-based products caused her cancer. Wednesday's verdict, in California superior court in Oakland, marks the latest defeat for the healthcare conglomerate facing more than 13,000 talc-related lawsuits nationwide. The company said it would appeal, citing "serious procedural and evidentiary errors" during the trial, saying lawyers for the woman had fundamentally failed to show its baby powder contains asbestos. The company did not provide further details of the alleged errors. - Guardian
Load up the website of SoundCloud, a music streaming company, and you can purchase a monthly subscription to its on-demand service for £9.99. But to do the same thing on the SoundCloud iPhone app, and the monthly fee rises to £12.99. No extra feature or exclusive material explains that three pound difference; the two services are identical. The higher price on the app comes down to something invisible to consumers: the so-called "Apple Tax". - Telegraph
Norwegian Air has ramped up the pressure on Boeing saying it will "send the bill" to the aerospace giant after its 737 Max jets were grounded in the wake of a crash at the weekend. On Sunday an Ethiopian Airlines 737 Max 8 carrying 157 people crashed near Addis Ababa, killing all on board. - Telegraph
Business leaders voiced exasperation over the state of Brexit negotiations last night as expectations rose of a delay and fears grew over the impact of tariff changes should Britain depart the European Union without a deal. Senior executives branded the state of negotiations with Brussels "very embarrassing" before a parliamentary vote today on a possible extension to Brexit negotiations and a delay to Britain's departure from the EU. - The Times
About £1 billion in tax will be paid into the public purse from the administration of the European arm of Lehman Brothers, the investment bank that collapsed in 2008, after a ruling by Britain's highest court. Yesterday the Supreme Court dismissed an appeal by PWC, the administrators, in a ruling that ended a three-year row over whether tax should be levied on interest payments made to the bank's creditors. - The Times
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