Cambridge Analytica, the political consultancy at the center of Facebook Inc’s privacy scandal, filed for Chapter 7 bankruptcy in the United States late on Thursday. This past March allegations surfaced that Cambridge Analytica, hired by President Donald Trump‘s 2016 U.S. election campaign, improperly used data of 87 million Facebook users beginning in 2014. Cambridge Analytica […]
Read moreCurrency, United States Finance
Italy’s incoming government wants to lift Russia sanctions and rewrite EU rules
The power-sharing agreement between Italy’s two populist parties is likely to raise concerns for officials at the European Union. The left-wing Five Star Movement (M5S) and the far-right Lega are on the brink of clinching power in the southern European nation, forming a coalition after neither party gained enough seats to govern alone at March […]
Read moreAMD and Nvidia shares will rise as the two chip companies benefit from promising secular growth technology trends, according to a Wall Street firm. Cowen initiated coverage on AMD shares with an outperform rating, predicting market share gains for the company’s server chips. “While AMD server sales have taken several quarters to materially ramp, we […]
Read moreVietnam’s Ministry of Industry and Trade on Friday officially launched an investigation into the takeover of Uber Technologies’ Southeast Asia business by rival Grab, the ministry said. The investigation will take 180 days, with the possibility to be extended by up to 120 days, the ministry said in a statement. Source: cnbc china Vietnam trade […]
Read morePrince Charles will walk Meghan Markle down the aisle at the royal wedding — stepping in after the father of the bride fell ill just days before the ceremony. Kensington Palace said Friday that Markle’s future father-in-law, the heir to the British throne, would walk the American actress down the aisle at St. George’s Chapel […]
Read moreUber Technologies Chief Product Officer Jeff Holden is leaving the ride-hailing company, an Uber spokesman told Reuters on Thursday, the latest of more than a dozen senior executives to depart since last year. Holden oversaw Uber Elevate, the company’s flying car operation, which is now headed by Eric Allison, the spokesman said, but declined to […]
Read moreBillionaire entrepreneur Elon Musk detailed the Boring Company’s plans to build mass transit tunnels beneath Los Angeles on Thursday. The Boring Company CEO, speaking alongside Steven Davis, a former SpaceX engineer and Boring’s project leader, said that the fare for the up-to-150 mph “Loop” system would be $1. It will carry people from downtown LA […]
Read moreSergei Skripal, a former Russian spy poisoned by a nerve agent in Britain in March, has been discharged from hospital, England’s health service said on Friday. Skripal was found collapsed on a bench on March 4 in the southern English city of Salisbury along with his daughter, who was discharged from hospital last month. “It […]
Read moreEgyptian President Abdel Fattah al-Sisi ordered on Thursday that the Rafah border crossing with the Gaza Strip be opened for the whole of the Muslim holy month of Ramadan, he said on his official Twitter account. The border with the Palestinian territory is mostly shut but opens at regular intervals. This would be the longest […]
Read moreIf you’re struggling to do business or just live under your country’s administration, a movement of philanthropists, academics and investors is working on a very sci-fi alternative. Nathalie Mezza-Garcia is a political scientist turned “seavangelesse” — her term for an evangelist in favor of living off the grid — and on the ocean. Mezza-Garcia spoke […]
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