Instagram to crack down on vaping in sponsored content

Britain's advertising watchdog has issued a ban on British American Tobacco and three other e-cigarette firms to stop promotion of vaping products on Instagram as the numbers of youths with lung diseases provoked by vaping rises. The new rules ... More..

by | Published more than a month ago
NY Fed Chief Doubles Down, Says No Rate Change Unless Economy Shifts
by | Sunday, December 22, 2019

NY Fed Chief Doubles Down, Says No Rate Change Unless Economy Shifts

The Federal Reserve's plans to raise US interest rates gradually are aimed at sustaining full employment and near-2-percent inflation without letting the economy overheat, Fed Chair Janet Yellen said on Monday....More..

S&P 500 index closes out 10th winning week in the past 11
by | Sunday, December 22, 2019

S&P 500 index closes out 10th winning week in the past 11

Mnuchin's comments come just a week after the US and China reached an agreement in the phase one deal, which included tariff relief, increased agricultural purchases and certain structural changes to intellectu...More..

Ring Camera Data Leaked After Shock Video Revealed
by | Sunday, December 22, 2019

Ring Camera Data Leaked After Shock Video Revealed

Using the log-in email and password, an intruder could access a Ring customer's home address, telephone number, and payment information, including the kind of card they have, and its last four digits and securi...More..

Goldman may admit guilt in 1MDB probe
by | Sunday, December 22, 2019

Goldman may admit guilt in 1MDB probe

Goldman Sachs officials involved in the 1MDB scandal may face a criminal trial in Malaysia, with the nation's attorney general telling Bloomberg on Friday that he's ready to advance the prosecution. On Mond...More..

Trump seeks rapid exoneration in Senate after impeachment
by | Sunday, December 22, 2019

Trump seeks rapid exoneration in Senate after impeachment

The matter now goes to the U.S. Senate for a trial, though the Republican Trump will nearly surely be acquitted by the GOP-led upper chamber. Following the impeachment vote on the House floor on 18 December...More..

Prosus, Takeaway raise offers for Just Eat in bidding war
by | Sunday, December 22, 2019

Prosus, Takeaway raise offers for Just Eat in bidding war

The two companies vying to buy British online food delivery company made increased final bids on Thursday, with Prosus offering 800 pence, or 5.5 billion pounds ($7.16 billion) in cash, and Takeaway.com rai...More..

House of Representatives impeaches President Donald Trump
by | Sunday, December 22, 2019

House of Representatives impeaches President Donald Trump

The California Democrat went on to say President Trump "saw the power of the gavel" when it sealed the votes in favor of both articles of impeachment . He accused Democrats of a "partisan crusade" and said...More..

Credit and Debit info leaked in Wawa Data Break
by | Sunday, December 22, 2019

Credit and Debit info leaked in Wawa Data Break

Our information security team identified this malware on December 10, 2019, and by December 12, 2019, they had blocked and contained this malware. Credit and debit card numbers, expiration dates and cardholder ...More..

Electric BMW iX3 Crossover: first specifications revealed
by | Sunday, December 22, 2019

Electric BMW iX3 Crossover: first specifications revealed

The iX3 will have a battery pack of 74 kilowatt-hours, with a range of 273 miles on the highly optimistic European WLTP test cycle. BMW is readying its all new iX3, the company's first electric SUV. The ...More..

'Strong argument' for stricter Facebook and Google rules in UK
by | Saturday, December 21, 2019

'Strong argument' for stricter Facebook and Google rules in UK

So claims the Competition and Markets Authority (CMA), which has released an interim report looking at how companies operate. The review found Google earns 90% of all online search revenue in the United Kin...More..

Kohl's now open 24 hours a day until Christmas Eve
by | Saturday, December 21, 2019

Kohl's now open 24 hours a day until Christmas Eve

Garbage, yard waste and recycling will be suspended on Christmas Day and New Year's Day. All Beer Stores will be open on December 24 until 6 p.m., but closed for Christmas Day and Boxing Day. Free evening se...More..

Google to pay extra $481.5 million in tax dispute settlement
by | Saturday, December 21, 2019

Google to pay extra $481.5 million in tax dispute settlement

The ATO's Tax Avoidance Taskforce has used the Multinational Anti-Avoidance Law to target firms re-routing Australian sales via offshore subsidiaries. Facebook , Google, Amazon and other large technology compan...More..

BMW and Daimler cancel car-sharing service in London
by | Saturday, December 21, 2019

BMW and Daimler cancel car-sharing service in London

That left it with a presence in just five North American cities: Montreal, New York, Seattle, Vancouver and Washington. The firms said they had to face up to "complicated realities" in the fiercely competitiv...More..

Ford to add 3,000 jobs in the Detroit area, invest $1.45B
by | Saturday, December 21, 2019

Ford to add 3,000 jobs in the Detroit area, invest $1.45B

The Wayne plant investment will be used to build the new Ford Bronco SUV, as well as an all-new Ranger small pickup truck. Workers at the facility will work on Ford's new self-driving cars as well as producti...More..

Volkswagen fined record $125m for misleading Australian consumers over diesel emissions
by | Saturday, December 21, 2019

Volkswagen fined record $125m for misleading Australian consumers over diesel emissions

The ACCC said in a statement that Volkswagen had admitted it failed to disclose to authorities the existence of "Two Mode" software when it sought approval to supply the 57,000-plus vehicles into Australia be...More..

Bond yields nose dive after Operation twist announcement
by | Saturday, December 21, 2019

Bond yields nose dive after Operation twist announcement

Under the OMO, RBI will sell four securities maturing in 2020 and will purchase the 6.45 percent government bond maturing in 2029. With the yields on government bonds rising sharply the Reserve Bank of India ...More..

Facebook has acquired this video gaming company
by | Saturday, December 21, 2019

Facebook has acquired this video gaming company

PlayGiga's website now says: "We are excited to announce that the PlayGiga team is moving on to something new". Microsoft's xCloud is now in beta phase where early users can play 50 games in total. It li...More..

The newest conservative argument? Maybe Trump wasn't impeached
by | Saturday, December 21, 2019

The newest conservative argument? Maybe Trump wasn't impeached

Schumer, who also met privately with Pelosi, has to bet that GOP senators won't hold the line and Republicans will peel away as public pressure mounts for a fuller trial. "The next thing will be when we see the...More..

License issues: Uber suffers fresh legal setback in Germany
by | Saturday, December 21, 2019

License issues: Uber suffers fresh legal setback in Germany

Uber stressed that customers could continue to use the app and said it would consider changing its business model to comply with the decision. Uber operates differently in the European Union than in the Unite...More..

Sweden exits negative interest rates after five years
by | Friday, December 20, 2019

Sweden exits negative interest rates after five years

Earlier in Asia, stocks pulled back from a 1-1/2-year peak. Investors were also watching proceedings in Washington, where the Democratic-led U.S. House of Representatives voted to impeach U.S. Sterling rose 0...More..

Carnival cruise ships collide in Cozumel
by | Friday, December 20, 2019

Carnival cruise ships collide in Cozumel

There is no public information regarding whether there were injuries to any guests or crew members. Photograph credits - top anonymous passenger; bottom - anonymous crew member. Royal Caribbean's Oasis of th...More..

Million Users' Phone Numbers Exposed
by | Friday, December 20, 2019

Million Users' Phone Numbers Exposed

As Digital Trends reports , most of the Facebook users affected by the leak are located in the U.S. "Diachenko says Facebook's API could also have a security hole that would allow criminals to access...More..

Tesla jumps after Elon Musk teases commercial truck, pickup
by | Friday, December 20, 2019

Tesla jumps after Elon Musk teases commercial truck, pickup

Musk followed that decision up with an appearance on the Joe Rogan Experience podcast where he smoked what was said to be a marijuana-laced cigarette. While that number fell short of the 99,000 deliveries expec...More..

Andrew Bailey named as Bank of England governor
by | Friday, December 20, 2019

Andrew Bailey named as Bank of England governor

The 60-year-old Briton, who has spent most of his career at the BoE, will have the heavy task of conducting the country's monetary policy at the time of its exit from the European Union - promised by new Prim...More..

Trump Administration Pushes Plan to Import Drugs From Canada
by | Friday, December 20, 2019

Trump Administration Pushes Plan to Import Drugs From Canada

Commenting on similar proposals in the past, Canada has said that its pharmaceutical industry is not positioned to begin supplying such a vast market and worries that Canadians will have to grapple with drug ...More..

Land Rover acquires renowned off-road shop Bowler
by | Friday, December 20, 2019

Land Rover acquires renowned off-road shop Bowler

With this in mind, it would be interesting to see how the upcoming SVO vehicles shape-up with the help of Bowler's expertise. Bowler is credited with having pioneered the production of dedicated all-terra...More..

Canadian dollar rallies as higher inflation weighs on rate cut bets
by | Friday, December 20, 2019

Canadian dollar rallies as higher inflation weighs on rate cut bets

In the first eleven months of the year, the average general CPI grew by 2.77 per cent over the same period last year. Core inflation - seen as a better measure of underlying price pressure than the headline f...More..

Thousands of nurses stike for better pay in Northern Ireland
by | Thursday, December 19, 2019

Thousands of nurses stike for better pay in Northern Ireland

In a statement, a spokesman for Health and Social Care organizations in Northern Ireland apologized for the disruption and distress caused, "especially our patients, service users and family members". "We are...More..

NCLAT strips Tata Sons off private company status
by | Thursday, December 19, 2019

NCLAT strips Tata Sons off private company status

Earlier in the day, awarding a massive victory to the Mistry, the NCLAT ruled in his favour on his petition challenging his removal as Chairman of Tata Sons. Soon after the 3 pm order, Bombay House, the Tata he...More..

FCA CEO Mike Manley will take undefined new role after PSA merger
by | Wednesday, December 18, 2019

FCA CEO Mike Manley will take undefined new role after PSA merger

According to the firms, the combined company will have annual unit sales of about 8,7 million vehicles, with revenues of almost €170-billion, recurring operating profit of over €11-billion and an operating prof...More..

Brexit Briefing: GBP/USD Stabilizes Despite Doubts About Trade Talks
by | Wednesday, December 18, 2019

Brexit Briefing: GBP/USD Stabilizes Despite Doubts About Trade Talks

A tight timetable. That is why it has been so good so far that the United Kingdom has time until July 2020 to extend this transition phase by two years. The employment data for the three months to October showe...More..

Amazon Bans FedEx Delivery for Third Parties
by | Wednesday, December 18, 2019

Amazon Bans FedEx Delivery for Third Parties

The Wall Street Journal reported that the ban on FedEx's ground-delivery services begins this week and is expected to continue "until the delivery performance of these ship methods improves", according to an e...More..

United States tech firms sued over deaths of DR Congo child labourers
by | Wednesday, December 18, 2019

United States tech firms sued over deaths of DR Congo child labourers

Cobalt is essential in making rechargeable lithium batteries used in millions of products sold by the tech industry. The suit claims the companies have been aware that child labor in the Democratic Republic o...More..

Uber close to exiting food delivery business in India
by | Wednesday, December 18, 2019

Uber close to exiting food delivery business in India

According to TechCrunch , Gurugram-headquartered Zomato could receive between $US150 million and $US200 million of investment from Uber as part of the deal. During his visit to India in October 2019, Uber c...More..