Britain is selling some of its stake in Royal Bank of Scotland for about 2.6 billion pounds ($3.5 billion), although it will realize a significant loss as it unwinds its holding and returns the bailed-out lender to private hands. The government said on Monday it would sell about 7.7 percent of RBS, which was rescued […]
Read moreVoice technology gadgets, including Amazon‘s Alexa and Google‘s Duplex, could get caught up in the next data protection battleground. The implementation of new data rules in Europe, coupled with increased consumer awareness following the Facebook and Cambridge Analytica scandal, is helping to bring voice data privacy into the spotlight. Google recently made headlines when CEO […]
Read moreThe recent death of a Chinese rural bank’s chairman has put the spotlight on the troubles that small lenders in the country face as authorities clean up the financial sector in the world’s second-largest economy. Yin Jinbao, who was reportedly found dead in his office on May 26 with slits on both his wrists, joined […]
Read moreEuropean bourses look set to begin Tuesday’s session on the back foot as trade concerns continue to worry global markets. The German DAX is seen opening down 20 points at 12,760 while the U.K. FTSE and the French CAC are expected to open 15 points lower at 7,722 and 5,455 respectively. Meanwhile, the Italian FTSE […]
Read moreThe five-star Shangri-La hotel in downtown Singapore is widely expected to host the upcoming June 12 summit between President Donald Trump and North Korean ruler Kim Jong Un. The area around the hotel, consisting of the Tanglin, Newton and Orchard districts, has been designated a “special event area” from June 10 to June 14, the […]
Read moreThe U.S. Justice Department late on Monday said it would appeal a federal judge’s ruling that President Donald Trump may not legally block Twitter users from his account on the social media platform based on their political views, according to a court filing. A lawyer for seven plaintiffs who sued, Jameel Jaffer, said that the […]
Read moreWashington state’s attorney general is suing Google and Facebook for allegedly failing to provide adequate public information about who buys election ads on their platforms. The complaints, filed by the office of Attorney General Bob Ferguson, claim the tech giants haven’t properly maintained and publicized information about who’s buying election ads. The incomplete data pertains […]
Read moreApple said on Monday that its new health records service, which lets patients store personal medical data on their phone, will soon be open to app developers and researchers. Consumers who choose to make their encrypted data available to third-party apps, will share that information with developers working on tools like medication tracking, disease management, […]
Read moreAsian markets were mixed on Tuesday, with Japan’s benchmark the only index edging higher in the morning. Japan’s Nikkei 225 gained 0.54 percent and the broader Topix edged up by 0.4 percent. Technology names traded higher in the morning, as did steelmakers, while the mining and oil sectors declined. Elsewhere, South Korea’s benchmark Kospi was […]
Read moreSorry, Apple’s not sorry. There has been a theme at the tech industry’s big conferences this year: Facebook and other tech giants keep telling us that they’ve learned from their mistakes and are going to be a lot more thoughtful about the far-out stuff they plan on doing in the future. Apple has been cool […]
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