Facebook faces $1.63 billion in EU fine over fresh data breach

Zuckerberg and Facebook COO Sheryl Sandberg have already faced hearings at US Congress over Cambridge Analytica data breach that affected 87 million users. When did this breach occur? Facebook has not said whether the attackers attempted to ... More..

by | Published more than a month ago
SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value
by | Monday, October 01, 2018

SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

That caused a brief spike in Tesla's share price, leading so-called short-sellers, who have been betting on the stock crashing for years, to lose millions. "The resolution is meant to prevent further market ...More..

Ryanair forced to cancel flights due to strike action
by | Monday, October 01, 2018

Ryanair forced to cancel flights due to strike action

Walk-outs by cabin crew took place in Germany, Belgium , Italy, the Netherlands, Portugal, and Spain. The carrier says about 35,000 of its 450,000 passengers have been affected by the disruption brought by t...More..

President Trump's Nafta deal with Canada imminent
by | Monday, October 01, 2018

President Trump's Nafta deal with Canada imminent

President Donald Trump has either threatened or already imposed on national security grounds. If there was an agreement with Canada, the text would be trilateral. Lopez Obrador, whose transition team particip...More..

Volkswagen partners with Microsoft to keep cars connected to the cloud
by | Sunday, September 30, 2018

Volkswagen partners with Microsoft to keep cars connected to the cloud

The German giant announced Friday that it will be teaming up with Microsoft for connected auto and cloud services despite a hush-hush deal with Apple to develop autonomous technology. The automaker plans to s...More..

What You Need to Know About Amazon’s New ‘4-Star’ Store
by | Sunday, September 30, 2018

What You Need to Know About Amazon’s New ‘4-Star’ Store

Amazon says items will include a mini skillet, card games and numerous company's own electronic devices including the Echo Spot and Fire TV Stick, in the Amazon 4-star store. Which boast 4.5-star and 4.4-star r...More..

NAFTA negotiations: Canada and Trump administration at impasse
by | Sunday, September 30, 2018

NAFTA negotiations: Canada and Trump administration at impasse

The administration of U.S. President Donald Trump is threatening to impose auto tariffs on Canada unless it signs a text of an updated agreement by the end of Sunday. President Donald Trump said on Septembe...More..

BMW i3 and i3s get a sizable bump in range
by | Sunday, September 30, 2018

BMW i3 and i3s get a sizable bump in range

Since launch in 2014, the battery capacity and range of the i3 has grown from the original 60Ah / 81 miles to 94Ah / 115 miles in 2017 and now 120Ah for 2019. For the new model year, BMW adds a few convenience ...More..

Facebook reveals security breach affecting 50 million users
by | Sunday, September 30, 2018

Facebook reveals security breach affecting 50 million users

The vulnerability has been fixed and law enforcement was informed, the company said. The tech giant said it is unsure who is behind the attacks, or where they are based - but the investigation is still in its...More..

SurveyMonkey Raises $180 Million in U.S. IPO
by | Saturday, September 29, 2018

SurveyMonkey Raises $180 Million in U.S. IPO

At this price, the entire offering was valued up to $207 million. SurveyMonkey is older than many of its newly public peers, having been founded nearly two decades ago. SurveyMonkey plans to use the proc...More..

China cuts some tariffs _ but does not address US complaints
by | Saturday, September 29, 2018

China cuts some tariffs _ but does not address US complaints

U.S. President Donald Trump went ahead Monday with a tariff increase on $200 billion of Chinese goods. Additionally, the cut is likely to increase pain on United States manufacturers as Chinese consumers sh...More..

McDonald’s will change the composition of the Burger
by | Saturday, September 29, 2018

McDonald’s will change the composition of the Burger

According to the company, almost two-thirds of all burgers and sandwiches have cut artificial ingredients (as long as customers hold the pickle , which has yet to make the change). Even the sauce on a popul...More..

Deals: National Coffee Day 2018
by | Saturday, September 29, 2018

Deals: National Coffee Day 2018

Saturday is National Coffee Day and there are deals all over San Antonio if you're looking for a cup of fresh java. White Castle : Get a free small coffee with any purchase and a coupon here. Coffee joints...More..

Jeff Bezos' space company set to launch
by | Saturday, September 29, 2018

Jeff Bezos' space company set to launch

We are very honored that United Launch Alliance has selected Blue Origin's LOX/LNG BE-4 as the engine that will power the first stage of their Vulcan rocket . "It's performing quite well", Blue Origin Ch...More..

Fuel price hike: Petrol prices continue to rise; Rs 90.35 in Mumbai
by | Saturday, September 29, 2018

Fuel price hike: Petrol prices continue to rise; Rs 90.35 in Mumbai

The rise in prices of petrol and diesel continued on Thursday, a day after state finance minister cited sizeable "revenue loss" for its inability to cut taxes on fuel. "The wholesale price of petrol has bee...More..

HK banks hike rates for first time in 12 years
by | Saturday, September 29, 2018

HK banks hike rates for first time in 12 years

The local economy "remains sound" but could suffer a slowdown in growth from other challenges including the trade war between the United States and China , he said. "The change of rate today signals the beginn...More..

Google to Allow Ads for 'Regulated' Crypto Exchanges Next Month
by | Saturday, September 29, 2018

Google to Allow Ads for 'Regulated' Crypto Exchanges Next Month

CNBC reported this morning that Google (NASDAQ: GOOGL ) is lifting its ban on some cryptocurrency-related advertising and plans to allow regulated cryptocurrency exchanges to buy Google ad space in t...More..

Boeing/Saab joint T-X design wins Air Force’s jet trainer competition
by | Saturday, September 29, 2018

Boeing/Saab joint T-X design wins Air Force’s jet trainer competition

While Boeing remains a giant in commercial aircraft, it has been outflanked by rivals recently in the defense space. "Fierce competition is ultimately very good for the United States Air Force and taxpayer", ...More..

Canada and Trump administration at impasse — NAFTA negotiations
by | Saturday, September 29, 2018

Canada and Trump administration at impasse — NAFTA negotiations

Hassan said he knows that the prime minister's office did not request a meeting with Trump and his actions are not the way to conduct a relationship with his closest ally. Separately, a well-placed Canadian sou...More..

JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions
by | Friday, September 28, 2018

JP Morgan: Expect Brent Oil To Reach $90 On Iran Sanctions

The US President has repeatedly approached the OPEC for lowering oil prices for months. "The market is assuming that OPEC will behave as they claimed they will at this meeting, but I don't think that's nece...More..

Elon Musk Rejected Tesla SEC Settlement at Last Minute
by | Friday, September 28, 2018

Elon Musk Rejected Tesla SEC Settlement at Last Minute

But the resulting back and forth caused stock prices to whipsaw between the $380s and the $260s. In a now infamous tweet he wrote: "Am considering taking Tesla private at $420". The SEC filed the complaint...More..

Trump tells UN Security Council China is interfering with U.S
by | Friday, September 28, 2018

Trump tells UN Security Council China is interfering with U.S

China's foreign minister denounced the "unwarranted accusation". But the president's top advisers have warned consistently warned that Russian Federation is engaged in ongoing efforts to interfere in Uni...More..

Facebook sinks after admitting it was hacked (FB)
by | Friday, September 28, 2018

Facebook sinks after admitting it was hacked (FB)

Chang is nothing short of a celebrity in his home country. As if planning for a video game stream, software bug bounty-hunter Chang Chi-yuan posted a Facebook event reminder on September 27, which mentioned h...More..

Facebook says new hack leaked data of 50 million users
by | Friday, September 28, 2018

Facebook says new hack leaked data of 50 million users

This allowed them to steal Facebook access tokens which they could then use to take over people's accounts. 'We do not yet know whether these accounts were misused but we are continuing to look into this an...More..

by | Friday, September 28, 2018

Fears for Musk's future sink Tesla shares

The SEC is attempting to bar Musk from serving as the CEO of any publicly traded company. "We are concerned that decreased confidence in Tesla on the part of investors may impact the company's ability to rais...More..

UAE raises benchmark rate by 25 basis points following Fed increase
by | Friday, September 28, 2018

UAE raises benchmark rate by 25 basis points following Fed increase

The move was widely expected, as investors who bet on foreign exchange rates were forecasting a 100 per cent chance of a hike in recent days and weeks. The 0.25 percent hike is the third so far this year, follo...More..

Elon Musk sued by SEC for securities fraud
by | Friday, September 28, 2018

Elon Musk sued by SEC for securities fraud

Tesla shares quickly fell some 10 percent after the word of the filing came Thursday afternoon. This unjustified action by the SEC leaves me deeply saddened and disappointed. The SEC alleges Musk's tweets c...More..

by | Friday, September 28, 2018

Oil eases, but Iran sanctions keep Brent above $80 a barrel

The price of Brent crude oil could continue its advance as traders ignore US President Donald Trump's persistent calls for producers to raise their output. Iranian crude oil is now trading at $72.02, roughly up...More..

Tesla Model 3 Exploring All Options To Speed Up Deliveries
by | Friday, September 28, 2018

Tesla Model 3 Exploring All Options To Speed Up Deliveries

He sent an email to employees, published as a blog earlier this month, saying the company "is about to have the most unbelievable quarter in our history, building and delivering more than twice as many cars as ...More..

Fed Reserve Raises Rate For Third Time This Year Despite Trump's Opposition
by | Thursday, September 27, 2018

Fed Reserve Raises Rate For Third Time This Year Despite Trump's Opposition

The Federal Reserve signaled its confidence Wednesday in the US economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will c...More..

by | Thursday, September 27, 2018

Canada deal in doubt; focus shifts to Japan trade talks

Officials in the Prime Minister's Office disputed the president's statement - insisting for the second time this week that they did not request a meeting and declining further comment. Canada has nevertheless r...More..

Rupert Murdoch ends Sky control with Comcast stake sale
by | Thursday, September 27, 2018

Rupert Murdoch ends Sky control with Comcast stake sale

It follows the dramatic Saturday auction, which saw Comcast win a three round bidding process with an offer of £17.28 per share, valuing Sky at almost £30bn. We bet - and nearly lost - the farm on launching a b...More..

by | Thursday, September 27, 2018

US Federal Reserve raises interest rates amid strong growth

The Fed has also indicated it wants three more rate hikes in 2019. Mr. Powell took pains to explain that during his postmeeting news conference, pointing out that every policy maker said that they expect inte...More..

by | Thursday, September 27, 2018

United States 'dream' of halting Iran's oil exports won't come true: minister

The US is looking to ease market tensions about global crude supplies, which largely lie at the US administration's feet to begin with. "We're on the verge of some significant volatility in Q4 2018 because ...More..

by | Thursday, September 27, 2018

Trump 'not happy' with Fed's interest rate hike

Those show that the Fed's policymakers think it will raise rates five more times by the end of 2020, which bring rates up to a range of 3.25 to 4.25 percent. In recent years, the Fed's statement has explicitly ...More..