Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalizing people or helping them to prepare attacks, the country’s security minister said. Ben Wallace accused tech firms of being happy to sell people’s data but not to give […]
Read moreSouth Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to North Korea in violation of international sanctions, a customs official said on Sunday. The seizure was the second to be revealed by South Korea within a few days, as the United Nations steps up efforts to squeeze essential oil supplies to […]
Read moreGermans have rarely been so divided about the changes taking place in their society, the country’s long-time leader Angela Merkel said Sunday, adding in her New Year’s address that she is committed to helping tackle the challenges of the future by swiftly forming a new government. Germany has been in political limbo since elections in […]
Read moreFor many entrepreneurs, selling their company to a large corporation is the ultimate goal. But 10 years ago, the creators of skincare brand Rodan + Fields decided that wasn’t going to be their endgame — and now they’re sitting on a business with over $1 billion in sales. Rodan + Fields, founded by dermatologists Katie […]
Read moreThe FDA’s new commissioner Scott Gottlieb has been described as a “bright spot” in the current administration. He’s made allies in Big Pharma and the technology sector by ushering along a variety of programs to reduce the cost and complexity of bringing new medical products to market. Gottlieb is a former venture capitalist, a doctor […]
Read moreA feud between two Call of Duty players led to the death of a 28-year-old Kansas man, who was shot and killed by police after a fraudulent 911 call sent a SWAT team to the man’s private home. The news was first reported by local newspaper The Wichita Eagle, which cites numerous now-deleted tweets in […]
Read moreApple doesn’t sell many products — you can probably count most of them on your hands and feet. But it’s hard to overstate the company’s scale and power. As the most valuable franchise in the world, Apple own more U.S. Treasury securities than many major countries, was the fourth-largest purchaser of solar power in 2016 […]
Read moreThe research director behind one of 2017’s top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars. Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the Ark Innovation ETF (ARKK) are the two best-performing ETFs this year, according to a report last week from […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. Chinese tech firms went public on U.S. exchanges at a robust clip in 2017, hoping to follow in the footsteps of Alibaba, JD.com or Baidu — all companies which have drawn investor interest since their market debuts here. LexinFintech was […]
Read moreChewy, founded in 2011, was a quickly growing online seller of pet food. Its roughly $3 billion sale to PetSmart was one of the biggest ever e-commerce deals. It demonstrated how swiftly the retail landscape is changing and the big bets retailers are now willing to make. (Though admittedly easier to do when a company, […]
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