A key member of Beijing’s top advisory body issued a warning against President Donald Trump’s policies over the weekend. Policies advocated by Trump won’t benefit the world’s largest economy, businessman Fu Chengyu said on the sidelines of the annual gathering of Asian business leaders known as the Singapore Summit. “When countries have closed their doors, […]
Read moreSoftBank seems like it’s everywhere in tech. That’s because its Vision Fund — an investment fund backed by sovereign nations Saudi Arabia and the United Arab Emirates as well as tech giants including Apple, Qualcomm and Sharp — has a lot of money to spend. Having raised $93 billion so far, it’s the largest technology […]
Read moreThere are still a couple of areas where Equifax is charging consumers, Connecticut Attorney General George Jepsen told CNBC on Monday. The credit reporting agency revealed in early September it suffered a massive data breach that could potentially affect 143 million consumers. The company said the breach was discovered July 29. “Consumers whose personal information […]
Read moreA former trader at billionaire Steven A. Cohen’s former hedge fund SAC Capital Advisors LP wants to withdraw his 2013 insider trading guilty plea, saying he had forgotten about two instant messages that show he committed no crime. Richard Lee said in Monday court filings that the messages uncovered in the last few months demonstrated […]
Read moreKarl Kaufmann, an emergency room physician at Washington’s Valley Medical Center, spends a lot of time at the end of a shift doing administrative work, like typing words and checking boxes into electronic medical records. But recently, he’s been testing out a virtual medical scribe called SayKara. SayKara was developed by a group of former […]
Read moreFacebook has come under fire in recent weeks for advertising practices that allowed Russian trolls to buy space and enabled advertisers to target users based on anti-Semitic search terms. The solution to troubling internet ads, according to one author and professor, may be to take cues from TV ads. “When you buy advertising on a […]
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A fresh bout of volatility could be here for stocks, if history is any indication. CNBC analysis using Kensho found that the S&P 500 has traded lower 70 percent of the time during the last two weeks of September since 1980. In that time, the index’s average return has been negative 1.3 percent, the analysis […]
Read moreA cybersecurity expert who has protected Google’s systems for 15 years says the Internet is inherently unsafe and software powered by artificial intelligence can’t help defend it. Heather Adkins, a founding member of Google’s security team, also advised consumers not to put sensitive personal information in their online communications. “I delete all the love letters […]
Read morePublic cloud market leader Amazon Web Services on Monday said that on October 2 it will start charging its customers by the second for use of its popular EC2 virtual slices of servers in its data centers. The move is historically significant. Since AWS became available in 2006, it has charged by the hour. Then, […]
Read moreCitron Research’s Andrew Left, who gained notoriety for successful bets against companies such as Valeant Pharmaceuticals, called Ubiquiti Networks a “fraud” on CNBC Monday. “The word fraud I use very judiciously,” Left said in an exclusive interview on CNBC’s “Halftime Report.” “I think when you look at all these red flags it doesn’t take a […]
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