Sunday’s Singapore Grand Prix final will see tremendous quantities of real-time data transmitted to factories all over the world in what’s expected to be a major technological breakthrough. During the 90-minute race, “we will be seeing about 10 terrabytes of data float through the system, which makes it the biggest science project on the planet […]
Read moreChina’s ambassador to Washington on Friday called on the United States to refrain from making threats over North Korea, which a day earlier launched another missile over Japan into the Pacific Ocean. Ambassador Cui Tiankai told reporters at an embassy event: “Honestly, I think the United States should be doing … much more than now, […]
Read moreAlphabet Inc.’s Google said it had disabled a “majority” of the offensive keywords that BuzzFeed found could be used by advertisers to target people searching for racist and anti-Semitic topics. Google, the world’s biggest advertising platform, not only allowed advertisers to target searches such as “Why do Jews ruin everything” but also suggested the user […]
Read moreFacebook gave special counsel Robert Mueller more records on Russian ad purchases than it provided to Congress last week, the Wall Street Journal reported on Friday, citing people familiar with the matter. The information provided to Mueller included copies of the ads, information about the accounts buying them and their targeting criteria, the people said, […]
Read moreToys ‘R’ Us is working to put together a loan to fund its operations in a potential bankruptcy filing that could come before the holiday sales season, according to people familiar with the matter. The toy merchant’s move underscores the deep distress rippling through retailers of all sizes as consumers increasingly shop online at sellers […]
Read moreThere’s a lot of hurricane damage to come between the Fed and its next interest rate hike. Hurricane Harvey has already heated up inflation, hit industrial production, and dampened retail sales, and that was just the late August data — before Hurricane Irma rampaged across Florida this month. Economists expect the storms to shave a […]
Read moreIf investors only paid attention to the aggregate data released by the government, CNBC’s Jim Cramer would imagine they’d be huge pessimists about the state of the economy. “This morning we got retail sales numbers that were baffling. They were for the month of August and they fell by 0.2 percent. That’s very subpar. Then […]
Read moreAt Upload, the parties never seemed to stop. The start-up began by hosting impromptu gatherings to promote virtual reality as the next big thing. It quickly became an entertainment and news hub for the VR industry, hosting hundreds of events. The crowds were young and eager to network. Models did demos, and the liquor flowed. […]
Read moreThe only thing changing faster than who is winning the race in the cutthroat world of ride hailing are the shifting behind-the-scenes allegiances between those companies and investors. At the moment, Uber, the ride-hailing behemoth, is nearing a deal to receive billions of dollars in funding from SoftBank, the Japanese conglomerate, according to three people […]
Read moreInvestors may have grown hesitant about a merger between CBS Radio and Entercom Communications, but CNBC’s Jim Cramer thinks they may have been wrong to worry. The deal would combine the spun-off CBS Radio with Entercom, creating an entity that could reshape the U.S. radio industry. Entercom’s stock surged over 10 percent when news of […]
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