• Facebook in crisis mode post Cambridge Analytica scandal
Facebook in crisis mode post Cambridge Analytica scandal

In a post on Facebook Zuckerberg said that he has been "working to understand exactly what happened and how to make sure this doesn't happen again". "We know this is an issue of trust, we know this is a critical moment for our company and the service we provide ". We need to fix that. Here's how to see everything Facebook knows about you a...

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  • Softbank, Saudi Arabia to work on solar power
Softbank, Saudi Arabia to work on solar power

Saudi Crown Prince Mohammed bin Salman and Son signed a memorandum of understanding between Saudi Arabia's Public Investment Fund and the SoftBank Vision Fund on Tuesday evening, which kick starts the process of forming a new power generation company.

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  • Pay more at the till for drinks cans and bottles
Pay more at the till for drinks cans and bottles

As well as plastic bottles, the scheme will cover aluminium cans and glass bottles, the Environment Secretary will say. The consultation will assess how the scheme will work, alongside other measures to increase recycling rates. "I am thrilled that we will finally see the many benefits a deposit system will bring to England, not least the absence...

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  • New iPhone X Color Being Planned To Reignite Sales
New iPhone X Color Being Planned To Reignite Sales

The company has had "limited success" trying to pitch the iPhone X at $999, RBC Capital Markets analyst Amit Daryanani argued in an investor memo obtained by AppleInsider . Since it will feature better internals than the 2017 iPhone lineup, it will exude a more value proposition, looking at the prices of iPhones these days.

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  • Google loses Android battle and could owe Oracle billions of dollars
Google loses Android battle and could owe Oracle billions of dollars

Gofen And Glossberg Llc Il invested in 67,143 shares or 0.12% of the stock. Several brokerages have commented on ORCL. About 1.03M shares traded. The institutional investor held 20,434 shares of the prepackaged software company at the end of 2017Q3, valued at $1.44M, down from 25,052 at the end of the previous reported quarter.

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  • Mozilla suspends ads on Facebook over data privacy concerns
Mozilla suspends ads on Facebook over data privacy concerns

If Facebook, which also owns Instagram and WhatsApp, can't freely and profitably monetize user data, the company would be in deep trouble. The cover of the March issue of Wired magazine says it all: A composite photo shows Facebook founder and chief executive Mark Zuckerberg bloodied, bruised and sweating, with a bandage over one eye....

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  • Volkswagen makes the questionable decision to build a convertible SUV
Volkswagen makes the questionable decision to build a convertible SUV

The T-Roc convertible will join an eclectic mix of other models in the Osnabrück factory, which as well as the Tiguan, also builds Porsche's Cayman sports auto, and handles painting duties for the Skoda Fabia . With the new cabriolet based on the T-Roc, Volkswagen will further reinforce its presence in the compact SUV segment. By 2020, the brand...

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  • NTSB investigating fatal Tesla crash near San Jose; shares plummet
NTSB investigating fatal Tesla crash near San Jose; shares plummet

Late on Tuesday, Moody's Investors Service downgraded Tesla's credit rating to B3 from B2. The National Transportation Safety Board announced Tuesday it was launching an investigation of a fatal Tesla crash on southbound Highway 101 last week.

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  • PNG Troops Respond To Major 7.5 Quake As Aftershocks Feared
PNG Troops Respond To Major 7.5 Quake As Aftershocks Feared

Provincial Administrator William Bando said more than 30 people were believed to have been killed in the rugged region, about 560 km (350 miles) northwest of the capital, Port Moresby, the Papua New Guinea Post-Courier reported. "The scale of damage, from information we are getting from the ground, is quite extensive", he said, adding that there ...

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  • Uber driver gets stuck on staircase, of course blames navigation app
Uber driver gets stuck on staircase, of course blames navigation app

An Uber vehicle took a wrong turn on a San Francisco street and became stuck on a set of stairs. After driving on a pedestrian walkway, the vehicle made its way toward the steps where it got stuck nose-down for almost two hours, Business Insider reports.

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  • Aggressive, rude? No, I was just being French, says fired waiter
Aggressive, rude? No, I was just being French, says fired waiter

Milestones agreed that Rey was good at his job, the decision states, but says that he was spoken to multiple times about his conduct toward co-workers. "Mr. Rey will have to explain what it is about his French heritage that would result in behaviour that people misinterpret as a violation of workplace standards of acceptable conduct", Cousineau say...

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  • Kinross Gold Corp (KGC): Attractive Mover
Kinross Gold Corp (KGC): Attractive Mover

Analysts are expecting average earnings estimates of $0.04 for the current quarter based on the opinion of 12 analysts, relating to high earnings per share estimates of $0.05 and low estimates of $0, however Kinross Gold Corp (NYSE: KGC ) reported $0.02 earnings per share for the same quarter a year ago.

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  • ED Raids Nirav Modi's Samudra Mahal; Seizes Valuables Worth Rs 36 Cr
ED Raids Nirav Modi's Samudra Mahal; Seizes Valuables Worth Rs 36 Cr

The legal firm will be hired soon. PNB declined to comment on the matter. The matter comes when Firestar Diamond filed for bankruptcy in a NY court. The move comes close on the heels of the NCLT restraining more than 60 entities, including Nirav Modi, Mehul Choksi, various individuals, companies and limited liability partnership (LLP) firms...

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  • The BHP Billiton (BHP) Shares Gap Down to $44.01
The BHP Billiton (BHP) Shares Gap Down to $44.01

Group One Trading L.P. now owns 3,075 shares of the mining company's stock worth $109,000 after purchasing an additional 2,675 shares during the last quarter. President Donald Trump announced Thursday that the U.S.is planning to levy tariffs on about $60 billion worth of imports from China and to impose restrictions on the country's technology tran...

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  • The Discovery Communications (DISCB) Reaches New 12-Month High at $38.00
The Discovery Communications (DISCB) Reaches New 12-Month High at $38.00

Numeric Investors Llc increased Discovery Communicatns New ( DISCK ) stake by 207.88% reported in 2017Q3 SEC filing. Technical Analysis of American Airlines Group Inc .: ATR stands at 1.44 while a Beta factor of the stock stands at 0.96.

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  • 'We've Bought More Apple than Anything Else', Says Warren Buffett
'We've Bought More Apple than Anything Else', Says Warren Buffett

The first step is to find someone by later this year to run the effort. "That's enormously complicated. It's not going to be easy", he said Monday. Prices are very high. Buffett appeared on CNBC's "Squawk Box" early morning program to discuss his annual letter to shareholders of Berkshire Hathaway . So what could Berkshire buy? He said i...

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  • Crypto Exchange Coinbase Adds Support for Ethereum-Based Tokens
Crypto Exchange Coinbase Adds Support for Ethereum-Based Tokens

ERC20 defines a common list of rules that an ethereum token has to implement, giving developers the ability to program how new tokens will function within the ethereum ecosystem. Not everyone is happy with Coinbase entering the ERC20 market. After listing on GDAX, Coinbase will select assets to offer on the main platform. Support for for ERC2...

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  • Glaxo strikes £9.2bn deal to buy Novartis joint venture stake
Glaxo strikes £9.2bn deal to buy Novartis joint venture stake

British drugmaker GlaxoSmithKline ( GSK ) has agreed to purchase Novartis' 36.5% stake in its consumer healthcare joint venture (JV) for $13bn. GSK's largest move since CEO Emma Walmsley took the reins past year follows the Britain-based drug maker's announcement last week to end its attempt to acquire the consumer healthcare business of ...

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  • Bandhan Bank Shares Soar 33% On Market Debut
Bandhan Bank Shares Soar 33% On Market Debut

The stock got listed at Rs 485, a sharp gain of 29.33 per cent, against the issue price on the BSE . Intra-day, it jumped 32.90 per cent to Rs 498.40. The IPO had opened on 15 March 2018 and closed on 19 March 2018. Bandhan Bank's IPO received an overwhelming response from both institutional and retail investors.

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  • U.S. consumer agency probes Facebook over privacy practices
U.S. consumer agency probes Facebook over privacy practices

Facebook said Monday it remains "strongly committed" to protecting people's information and would answer the FTC's questions. Attorneys generals from the USA states of MA and CT have launched investigations into how the Facebook data was handled.

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  • Rite Aid Corporation (RAD) Calls for Financial Push after Technical Analysis
Rite Aid Corporation (RAD) Calls for Financial Push after Technical Analysis

The company has a market cap of $1,644.18, a PE ratio of 9.93 and a beta of 1.79. This trading sentiment put the stock on Active spotlight. About 1.72 million shares traded. Two research analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company...

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  • Smurfit Kappa rejects revised bid from International Paper
Smurfit Kappa rejects revised bid from International Paper

With 236.9 million shares in issue, the new offer would value Smurfit at EUR8.89 billion. At a total valuation of 37.54 euros per share, it raised the original March 6 offer by 3% and represents a 38.7% premium to Smurfit's undisturbed closing price on March 5.

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  • Brokerage Overview of: Duke Energy Corporation (NYSE:DUK)
Brokerage Overview of: Duke Energy Corporation (NYSE:DUK)

The stock decreased 1.34% or $1.02 during the last trading session, reaching $75.17. The average volume was noted at 2296.87K shares while its relative volume was seen at 1.28. Therefore 25% are positive. The Return on Equity (ROE) value stands at 7.4%. The company was maintained on Sunday, November 5 by RBC Capital Markets.

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  • How Analysts Feel About Starbucks Corporation (NASDAQ:SBUX) After Decrease in Sellers?
How Analysts Feel About Starbucks Corporation (NASDAQ:SBUX) After Decrease in Sellers?

Starbucks Corporation ( SBUX ) shares were closed at $56.31 a share in the latest session and the stock value loss nearly -2.53% since the beginning of this year. The firm earned "Buy" rating on Wednesday, May 4 by Goldman Sachs. The rating was maintained by BMO Capital Markets on Friday, July 28 with "Outperform".

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  • Deutsche Bank Aktiengesellschaft (NYSE:DB) floats asset management arm despite shaky markets
Deutsche Bank Aktiengesellschaft (NYSE:DB) floats asset management arm despite shaky markets

A stock with a beta more than 1 means high volatile and less than 1 means low volatile. Take a look at most-well known 200-day moving average which averages prices over the past 200 days. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. The stock now has a consensus rat...

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