This week, America witnessed the successful hunting down and bagging of a major company’s CEO. Too many of us seem to be just fine with it. But we shouldn’t be. That leader was Uber’s chief, Travis Kalanick, who announced on Tuesday that he was stepping down from the company he founded. Let’s get something out […]
Read moreCurrency, United States Finance
British lawmakers get hit by a cyber security attack that prevents them from using email
Britain’s parliament was hit by a cyber attack on Saturday in which hackers tried to access email accounts, politicians and officials said, just over a month after a ransomware attack crippled parts of the country’s health service. Chris Rennard, a member of the Liberal Democrat party in the upper House of Lords, was the first […]
Read moreA new court filing details which individuals have viewed a key document that Alphabet argues will prove Uber knew it was inheriting Alphabet’s technology when it acquired Otto. Current Uber board member Arianna Huffington and former board member Bill Gurley are among those who have seen the report, according to Friday’s filing. Uber came under […]
Read moreSome traders who lost money in this week’s ethereum “flash crash” are going to be credited for their losses, the GDAX cryptocurrency exchange announced on Friday. The price of ethereum, the alternative digital currency to bitcoin, crashed as low as 10 cents from around $319 in about a second in trading on the GDAX on […]
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Mark Zuckerberg's snub of White House could backfire as Europe goes after US Internet giants
Mark Zuckerberg had a choice to make this week. The Facebook CEO could either go to Washington to meet with President Donald Trump, along with nearly every other marquee CEO from the tech industry, or skip it and prepare for a Chicago rally for people who’d created social-support groups on Facebook. Zuckerberg, who loudly criticized […]
Read moreYou’ve seen all the headlines about bitcoin and other cryptocurrencies rising in value. Maybe you want to get in on the game. But how do you even start? We’ll show you. Before you do this, though, you should note that bitcoin isn’t universally accepted like regular currency. My colleague Seema Mody published a great video […]
Read moreFormer French minister Richard Ferrand, who has been fighting accusations of improper financial dealings during most of his few weeks in office, was elected on Saturday to lead President Emmanuel Macron’s lawmakers in parliament “I thank the deputies for their confidence… We have a strong obligation to succeed. The French people no longer want intentions, […]
Read moreFrance welcomed a strategic cooperation deal with Belgium under which Belgium will buy 60 armored Jaguar vehicles and 417 Griffon multi-role armored vehicles worth 1.1 billion euros ($1.23 billion). French Army Minister Florence Parly said in a statement on Friday evening the decision reflected “the great strategic and operational proximity of our two countries.” Parly […]
Read moreIt’s that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed: Applied Optoelectronics: “Boy, you’re swinging for the fences with the optical plays, including that one. You know what? I’m going to send you back to the drawing board with Broadcom. People […]
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With the market trying to parse conflicting economic indicators, like strong employment but weak housing, auto, retail and oil sectors, Jim Cramer is looking for resolution. “I don’t even know if there is a market to care about now. There are just incredibly pronounced sectors and remarkably vicious rotations into and out of them,” the […]
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