News

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Wed, 21 Mar 2018 07:30:05 GMT

Google acquires Chelsea Market in $2.4B deal

Alphabet's Google has acquired the New York's Chelsea Market for $2.4B on Tuesday; a deal that should expand its presence in the NYC tech campus along the Hudson River.

Wed, 21 Mar 2018 05:58:58 GMT

Myanmar's president resigns

Htin Kyaw, the President of Myanmar, has resigned. The officially announced reason is to have rest from current duties.

Wed, 21 Mar 2018 05:58:51 GMT

Kaspersky Lab intends to address Western concerns

The opening of the data center in Switzerland by Kaspersky has been confirmed to be part of a plan to decrease the concerns that Russian government exploits the company's antivirus for spying.

Wed, 21 Mar 2018 05:22:37 GMT

Goose prepares to make own coats

The Luxury coat producer Canada Goose is preparing to move more of its production in-house to boost the company's profit margins.

Wed, 21 Mar 2018 04:26:02 GMT

Moon sees three-way summit with US, North Korea possible

The President of South Korea Moon Jae-in stated that a three-way summit with the US and North Korea is possible and should be aimed to cease the nuclear threat.

Wed, 21 Mar 2018 04:25:34 GMT

EU to reveal plan to tax US big firms' turnover

The European Commission is set to propose regulations designed to make big digital companies pay the share of tax, targeting the US majors such as Facebook and Google.

Wed, 21 Mar 2018 03:37:22 GMT

New Zealand credit card spending grows 0.7% in February

The RBNZ reported that credit card spending rose 0.7% on an annual basis in February, following the prior month's increase of 4.6%.

Wed, 21 Mar 2018 03:36:40 GMT

MI Leading Index rebounds last month

The Melbourne Institute reported on Wednesday that its Leading Index for the national economy rose 0.3% in February, after dropping 0.3% in the preceding month.

Tue, 20 Mar 2018 20:51:48 GMT

US lawmakers will meet Facebook representatives

US Senate and House aides are set to be briefed by Facebook representatives on Wednesday, congressional representatives reported.

Tue, 20 Mar 2018 20:51:40 GMT

Facebook stock ends day with additional losses

As Tuesday's trading session ended, the stock of Facebook Inc. had booked a 2.5% decline.

Tue, 20 Mar 2018 20:05:47 GMT

US government reveals issue in Time Warner and AT&T deal

Government lawyers, who are reviewing the Time Warner and AT&T acquisition deal, have revealed that the main argument against the deal is that AT&T would raise consumer prices.

Tue, 20 Mar 2018 20:05:09 GMT

Democrats want Zuckerberg to testify

The top Democrat of the Judiciary Committee of the US Senate Dianne Feinstein on Tuesday announced that Mark Zuckerberg should be called in to testify before Congress.

Tue, 20 Mar 2018 18:56:59 GMT

Europeans still see obstacles in Mercosur

European Union officials recently revealed that there are still large obstacles in the talks to establish the EU and South American trade union Mercosur.

Tue, 20 Mar 2018 18:56:13 GMT

Toyota stops self-driving car tests

Toyota Motors on Tuesday announced that the company will stop self-driving car tests. The announcement came after an accident occurred during a test in Arizona.

Tue, 20 Mar 2018 17:53:00 GMT

Facebook shares continue to plummet

The shares of Facebook Inc. continued to fall in Tuesday's trading as the markets where selling the stock due to the caused outcry about the breach of the company's data policies.

Tue, 20 Mar 2018 17:52:46 GMT

Salesforce wants to acquire MuleSoft

Representatives of Salesforce.com Inc. have begun advance talks with the software company MuleSoft Inc. about a possible acquisition.

Tue, 20 Mar 2018 16:50:32 GMT

EU regulator gets interested into Facebook breach

The leading regulator of Facebook in Europe, the Irish Data Protection Commissioner, has announced that the office of the Commissioner has started to monitor the Facebook breach situation.

Tue, 20 Mar 2018 16:50:16 GMT

Orbitz client data gets compromised

The subsidiary of the travel agency Expedia on Tuesday announced that the data of nearly 880,000 payment cards might have gotten into the hands of hackers.

Tue, 20 Mar 2018 15:55:36 GMT

University of Cambridge investigates Facebook breach

The University of Cambridge is investigating whether the academic Alex Kogan did or did not use any university assets for the violation of Facebook rules.

Tue, 20 Mar 2018 15:55:04 GMT

White House welcomes inquiries into Trump's consultants

The White House has announced that the President of United States welcomes any investigations into the Cambridge Analytica use of Facebook data.

Tue, 20 Mar 2018 15:27:05 GMT

General Dynamics raises bid for CSRA to $9.7B

The US defence contractor General Dynamics stated it had lifted its offer for the smaller sector peer CSRA to $9.7B, in its efforts to exceed CACI International's bid.

Tue, 20 Mar 2018 15:11:36 GMT

Egypt Court to suspend Careem, Uber licenses

On Tuesday, Egypt's Court urged the ride-hailing firms Careem and Uber to halt their services in Egypt amid the licences suspicion order as both companies are pending a lawsuit filed by the country's taxi drivers.

Tue, 20 Mar 2018 14:27:41 GMT

Musk in talks over collaboration with Israel's AI firm Cortica

Elon Musk travelled to Israel for discussions over the cooperation between his e-vehicle company Tesla and the Israeli AI firm Cortica, according to the Globes financial news outlet.

Tue, 20 Mar 2018 14:18:03 GMT

BlackBerry's shares surge amid security deal with Microsoft

On Tuesday, shares of BlackBerry were up 4%, following the announcement that the company would provide software security for Microsoft's Office apps.

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