Amazon.com has done away with a controversial clause in its cloud computing contracts that prohibited customers from suing the company over patent infringement, according to an updated version of the Amazon Web Services customer agreement released on Thursday. The so-called non-assert clause had been a point of friction for years for numerous companies that were […]
Read moreTwo new books from the Harry Potter universe are set to be released as part of a British exhibition that celebrates the 20th anniversary of the launch of the series. The British Library’s Harry Potter exhibition, “A History of Magic,” opens in October and runs through February 2018. In an earnings statement released Tuesday, British […]
Read moreAnalysts are split on whether investors should buy or avoid Chipotle after its shares dropped on the news that customers fell sick after eating at one of its restaurants. The restaurant chain’s stock has been struggling to recover from outbreaks of food-borne illnesses in 2015. In Wednesday’s premarket, the share price was down 1.2 percent. […]
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Brazil’s rigid labour market regulations were transplanted wholesale from Benito Mussolini’s Italy back in 1943. Now President Michel Temer has approved an overhaul. Will it encourage job creation? Also, an exorcist in Paris fighting “bad spirits”. And why President Trump is playing hardball in renegotiating NAFTA. Hosted by Andrew Palmer. Podcast: Goodbye, Benito Revisiting “Jewels”, […]
Read moreEuropean Union Commissioner for Competition Margrethe Vestager is going after some of the world’s most powerful tech companies for not sticking to the EU’s rules. Cases including Facebook‘s Whatsapp acquisition, Apple‘s unpaid taxes, and Google‘s search engine abuse have sent a clear signal to companies around the world that complying with EU rules is not […]
Read moreA group of Taiwanese manufacturers are joining Apple’s legal battle against Qualcomm in a countersuit, claiming the chipmaker charges excessive fees for patent licenses and violates anti-trust laws, reports the Wall Street Journal. Apple is covering the legal expenses associated with the companies’ defense and said it would file a separate motion to consolidate the […]
Read moreThe idea that big banks are facing an “existential crisis” from financial technology (fintech) challengers is “overblown”, the digital chief of HSBC told CNBC. In response to the debate over challenger banks and other fintech players posing a serious threat to established financial services institutions, the bank’s head of digital said that the trust of […]
Read moreThis article originally ran on LinkedIn. For more than 20 years, my father-in-law has sold food to mostly small, independent, family-owned restaurants. He works for one of the world’s largest food service companies, and his is the type of job that is increasingly rare: It does not require a college degree, but has afforded him […]
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IN THE 1970s, Britain was dubbed “the sick man of Europe”, a role previously played by the Ottoman empire in the late 19th century. A poor growth record since the second world war combined with terrible industrial relations (29m days lost to strikes in 1979) to make many ask the question “Is Britain governable?”. The […]
Read moreShares of Vertex Pharmaceuticals surged more than 26 percent at the open of trading Wednesday, as the drugmaker crushed Wall Street’s expectations when it reported an improved response in patients suffering from cystic fibrosis. The biotech told CNBC on Tuesday that its three-drug cocktails boosted a measure of lung function in patients with cystic fibrosis […]
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