Aaron P. Bernstein | Reuters Chairman Ajit Pai speaks ahead of the vote on the repeal of so called net neutrality rules at the Federal Communications Commission in Washington, December 14, 2017. Federal Communications Commission (FCC) Chairman Ajit Pai and Hawaii governor David Ige vowed to investigate a false emergency alert that warned an incoming […]
Read moreFacebook has overhauled how it ranks the posts, videos and photos that appear in its users’ News Feeds, introducing major changes on Thursday designed to put what friends and family have to say first. In short, you’ll see more posts from friends that have spurred lively debates in the comments. And you’ll see fewer cooking […]
Read moreStarting Monday, many airlines around the world begin enforcing a new rule that forbids passengers from checking or carrying on “smart luggage” with non-removable lithium batteries. Technology-powered luggage began appearing on the market a few years ago, and some new versions of these high-tech bags can do a range of things: They weigh themselves, report […]
Read moreIndonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system. Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they […]
Read moreNorth Korea’s International Olympics Committee (IOC) official said it is considering South Korea’s proposal for a united female hockey team, Yonhap news agency reported on Saturday. South Korea’s unification ministry and sports and tourism ministry both said they have no knowledge of the matter. A senior South Korean official said on Friday that Seoul is […]
Read moreThe former security chief of Uber Technologies swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet’s self-driving unit Waymo, and would be “shocked” if that had occurred. In a deposition taken in mid-December near San Francisco, Joe Sullivan, Uber’s security chief from 2015 to […]
Read moreHere’s a roundup of the most important deals in venture capital from the past week. Celgene acquired a developer of cancer drugs, Impact Biomedicines, in a deal valued at up to $7 billion the companies announced on Sunday. The deal entails a $1.1 billion initial payment to the start-up, and more in phases if Impact’s […]
Read moreAmazon lost share in the public cloud business in the fourth quarter, while Microsoft continued to gain momentum, according to research from KeyBanc analysts. Amazon Web Services had 62 percent market share in the quarter, down from 68 percent a year earlier, KeyBanc’s Brent Bracelin and other analysts wrote in a note on Thursday. Microsoft […]
Read moreWalt Disney Co. said late Friday that Sheryl Sandberg and Jack Dorsey won’t be re-nominated to its board, citing conflicts of interest as Facebook and Twitter push further into Disney’s businesses. In its annual proxy filing, the media giant said it would propose a slate of 10 directors at its annual shareholder meeting, and neither […]
Read moreAfter hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform, […]
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