• China warns United States sanctions will void trade talks
China warns United States sanctions will void trade talks

U.S. Commerce Secretary Ross , second from left, is in Beijing for trade talks after Washington ratcheted up tensions with a new threat of tariff hikes on Chinese high-tech exports. The Trump Administration said Tuesday that the U.S. would follow through with tariffs on billions of dollars of Chinese imports, defying a trade truce reached last m...

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  • Apple, Samsung, Microsoft and others given ‘deep access’ to Facebook user data
Apple, Samsung, Microsoft and others given ‘deep access’ to Facebook user data

The report raises questions over whether or not Facebook violated a 2011 agreement with the Federal Trade Commission that it would not override users privacy settings without first getting their expressed consent. Facebook disputed that finding, saying that "friends' information, like photos, was only accessible on devices when people made a deci...

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  • Microsoft buys code-sharing site Github for $7.5bn
Microsoft buys code-sharing site Github for $7.5bn

GitHub was last valued at $ 2 billion after it had received $250 million in its last funding round in 2015. Profits from GitHub will be reported under Microsoft's Intelligent Cloud division in financial reports. Though unexpected, Microsoft acquiring GitHub isn't incomprehensible. That's because there is a lot of distrust of Microsoft in thi...

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  • What to expect at Monday’s Apple event
What to expect at Monday’s Apple event

These are the requirements. Mac, iPhone and iPad users Users of Apple devices including Mac, iPhone, iPad and iPod Touch can watch WWDC live with the help of Apple's own Safari browser. This can also be used to unlock smart locks, security systems at buildings, payments at metro etc. The new approach is anticipated to help the iPhone maker ...

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  • Merkel rules out Italian debt relief
Merkel rules out Italian debt relief

The newspaper Bild am Sonntag reported Sunday that it obtained documents showing Merkel was briefed on the issue at the beginning of 2017 by the former head of the Federal Office for Migration and Refugees. "We aim to make ourselves a little more independent of the International Monetary Fund", she said . For Mr. Macron , Pesco's existing coope...

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  • Russian Federation 95% compliant with OPEC+ oil output deal in May - energy minister
Russian Federation 95% compliant with OPEC+ oil output deal in May - energy minister

It was set for a 0.8 percent gain for the week. The premium doubled in about a month as a lack of pipeline capacity in the United States traps much of the output inland. Negative impact on the oil market has had a weakness of equity markets in the USA and Europe on handicap concerns related to the political crisis in Italy and Spain, as well as t...

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  • Visa says systems operating at ‘close to normal levels’ after Europe outage
Visa says systems operating at ‘close to normal levels’ after Europe outage

Customers suffering problems with their Visa cards should keep evidence of any expenses they've incurred, according to the consumer group Which. However, a 2017 report by the UK Cards Association reported that Visa debit cards account for 97 per cent of all debit cards, meaning the disruption is likely to have had a large financial impact.

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  • Al Qaeda Calls Out Saudi Arabia For Involving Themselves With WWE
Al Qaeda Calls Out Saudi Arabia For Involving Themselves With WWE

Saudi Arabia is the last country in the world to permit women to obtain driving licenses. Without naming anyone, the public prosecutor's office said the number of detainees stood at 17, adding that eight of them had been "temporarily released" until the investigation is completed.

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  • Tariff Announcement Resurrects Threat of US-China Trade War
Tariff Announcement Resurrects Threat of US-China Trade War

And in fact, U.S. Trade Rep. Robert Lighthizer, Japan's economics minister, Hiroshige Seko, and EU Trade Commissioner Cecilia Malmstrom did issue a vague statement from Paris on Thursday urging unidentified countries to do more to protect intellectual property and to reduce overcapacity.

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  • Deutsche Bank US operations ‘troubled,’ Fed says
Deutsche Bank US operations ‘troubled,’ Fed says

Turning to the downgrade , Sewing noted S&P's decision to keep a stable rating on Deutsche's outlook, reflecting the ratings agency's view that the bank's management was working towards a "better-functioning business model". The report sent Deutsche's shares down by 7% yesterday to their lowest-ever closing level. Mr Sewing hasn't even said how ...

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  • Google Ends AI Deal With Pentagon Over Backlash
Google Ends AI Deal With Pentagon Over Backlash

Gizmodo reported Friday that Google Cloud CEO Diane Greene told employees that while it will fulfill its existing obligations to the Pentagon under the Project Maven contract, it will let its original contract expire in early 2019.

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  • Fiat to move heavily into electrification
Fiat to move heavily into electrification

Fiat Chrysler chief executive Sergio Marchionne delivered a plan on Friday to improve SUVs and invest 9 billion euros in electric and hybrid vehicles in an attempt to double operating profit until 2022. Neither fits into the brand's performance missive, and both are well past their sell-by date, the Journey having arrived for 2009 and the Gran...

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  • Sears is closing another 72 stores
Sears is closing another 72 stores

Sears will close 72 additional stores as sales shrink and losses grow, an announcement that has become a familiar refrain as the company retrenches. While most of that decline was due to previous store closings, sales fell 12 percent at the stores that remained open.

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  • Deutsche Bank on United States 'troubled' list
Deutsche Bank on United States 'troubled' list

Shares in Deutsche Bank gained about 2% early on Friday, after a losing 7% on Thursday. This followed a report on Thursday that the USA regulator viewed the lender as "troubled" previous year, and on Friday a Standard & Poor's credit rating downgrade to BBB+ from A-.

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  • Using Ticketfly to go to a show? It's been hacked, company says
Using Ticketfly to go to a show? It's been hacked, company says

A spokesperson for Ticketfly told the Verge on Thursday that "security of client and customer data is our top priority. We are working tirelessly to get our clients back up and running". The incident has affected venues and events around the country that partner with Ticketfly . "[Yes] i asked them 1 bitcoin for protection", explained the h...

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  • Google reported to stop working on Maven, its government-licensed AI tech
Google reported to stop working on Maven, its government-licensed AI tech

The decision was announced by Google Cloud CEO Diane Greene at a meeting with employees Friday morning, it said . Google insists that the technology it is developing for the USA military will be for "non-offensive uses only". Company executives have defended the contract, saying that its cloud computing and data analysis tools are being used for...

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  • Passenger's Marijuana Break Blamed for Diverted Flight
Passenger's Marijuana Break Blamed for Diverted Flight

Tucson fliers will have more options to travel nonstop to San Jose, California, and other destinations this fall, as Southwest Airlines beefs up its flight schedule at Tucson International Airport. A flight from San Francisco to Los Angeles made an unexpected landing in San Jose instead, apparently because a passenger was smoking pot in the b...

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  • SoftBank Will Invest $2.25 Billion in GM's Self-Driving Car Unit Cruise
SoftBank Will Invest $2.25 Billion in GM's Self-Driving Car Unit Cruise

Uber has its own self-driving ambitions, but after a high-profile, fatal accident in Arizona earlier this year, the company has suspended most of its self-driving testing on public roads. In a reflection of Son's personality, SoftBank and the Vision Fund have become known for moving quickly to invest in companies whose products it sees as crucia...

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  • Warren Buffett reportedly tried to invest in Uber
Warren Buffett reportedly tried to invest in Uber

High-profile USA investor Warren Buffett's plan to invest more than USD3 billion in Uber Technologies Inc fell apart earlier this year following disagreements over the terms and size of the deal, Bloomberg reported Wednesday. Dara Khosrowshahi , who took over as Uber's chief executive in November after the departure of the embattled founder...

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  • Saskatchewan Officially Opens the Door for Services like Uber, Lyft
Saskatchewan Officially Opens the Door for Services like Uber, Lyft

Because Uber and Lyft drivers are classified as independent contractors, the majority don't get paid time off and have to pay for expenses such as gas and vehicle maintenance. We are not going to turn a blind eye if companies in San Francisco deny workers their pay and benefits. In doing so, it could force companies like Uber and Lyft to provid...

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