Facebook to spend $10M for Zuckerberg's private jet and security

Facebook has faced dozens of lawsuits over its handling of user data in a scandal also concerning the United Kingdom firm Cambridge Analytica . According to a report by Bloomberg , the 24 percent drop in Facebook's share valuation in after-hours ... More..

by | Published 15 days ago
Trump Set for Tense Trade Talks with Top EU Chief Juncker
by | Monday, July 30, 2018

Trump Set for Tense Trade Talks with Top EU Chief Juncker

In a sign that the EU's threats of putting more pressure on Trump's political base, and alternative offer of helping buy their products, worked for the time being, Juncker said that no tariffs - including the...More..

Amazon's quarterly profit tops $2 billion for first time
by | Monday, July 30, 2018

Amazon's quarterly profit tops $2 billion for first time

This was double what investors had been expecting, and it should be remembered that Amazon is a company that famously never made a profit until 2001 , despite it being founded back in 1994. This marks the 13...More..

Facebook tiptoes into China by opening a startup incubator
by | Saturday, July 28, 2018

Facebook tiptoes into China by opening a startup incubator

Facebook said its Chinese subsidiary will focus on training and workshops that will help software developers and entrepreneurs to innovate. Google , whose main services are also blocked in China, has likewi...More..

Putin's Soccer Ball For Trump May Carry a Transmitter Chip
by | Saturday, July 28, 2018

Putin's Soccer Ball For Trump May Carry a Transmitter Chip

Trump has come under fire, even from Republican lawmakers, for having extended an invitation to Putin after the controversial summit in Helsinki , Finland. "I repeat once again, if the right conditions for w...More..

by | Saturday, July 28, 2018

White House defends decision to bar CNN reporter from event

Lawmakers have urged the White House to reveal what was discussed during the more than two-hour-long meeting between Trump and Putin. Putin told reporters on Friday: "We need for the appropriate conditions ...More..

US, EU Agree To Avoid Trade War
by | Saturday, July 28, 2018

US, EU Agree To Avoid Trade War

Trump and European Union Commission President Jean-Claude Juncker agreed to open talks to tear down trade barriers and address USA tariffs on steel imports. Brussels had hit back at the United States ov...More..

Facebook Stock Decline Is Largest One-Day Drop in U.S. History
by | Saturday, July 28, 2018

Facebook Stock Decline Is Largest One-Day Drop in U.S. History

Overall, average daily users increased 11% from the period a year earlier. "High expectations can be a remarkable burden, and the reaction is often brutal when they are missed, but the revenue miss was slight...More..

Twitter stocks dive 20% as users drop by a million
by | Saturday, July 28, 2018

Twitter stocks dive 20% as users drop by a million

Twitter said it also expected user declines in the current quarter which would likely be in the "mid-single-digit millions". Twitter on Friday reiterated its efforts to "to invest in improving the health of t...More..

President Lungu to hold bilateral talks with Russian President Vladimir Putin
by | Saturday, July 28, 2018

President Lungu to hold bilateral talks with Russian President Vladimir Putin

After all, while the BRICS still emphasize the importance of multilateralism, it is clear that they are not wedded to the current worldwide order. Yes, permanent membership of the United Nations Security Co...More..

by | Friday, July 27, 2018

Saudi eyes worldwide intervention in Yemen

In a related development, the Speaker of the Arab Parliament Dr. Mishaal Bin Fahm Al-Salami also condemned the targeting of oil tankers in the Red Sea by the Houthis. They accuse Iran of supplying the Houthis...More..

Bitcoin thrown lifeline by SEC Commissioner despite ETF rejection
by | Friday, July 27, 2018

Bitcoin thrown lifeline by SEC Commissioner despite ETF rejection

The price of Bitcoin on July 27th, 2018. The drop also coincided with a signal of lost momentum that some traders consider to be bearish, the first such indication since the token's historic surge in December...More..

Facebook (FB) Stock Sinks as Revenue Misses Expectations
by | Friday, July 27, 2018

Facebook (FB) Stock Sinks as Revenue Misses Expectations

It was the first full financial report since Facebook became embroiled in the Cambridge Analytica scandal in March. That dropped him from fourth to sixth on the list of richest people in the world. In the...More..

4 types of Goldfish Crackers recalled, salmonella fears
by | Friday, July 27, 2018

4 types of Goldfish Crackers recalled, salmonella fears

Pepperidge Farm announced a voluntary recall of four varieties of its popular Goldfish snacks Monday evening. The three companies have not revealed the name of their whey powder supplier. The recalled c...More..

EU Announce a Truce in Trade War
by | Thursday, July 26, 2018

EU Announce a Truce in Trade War

All that said , although Trump's trade war might not be working out all that well for American farmers, or carmakers , or consumers, they are giving so much needed aid to the Democratic Party's most vuln...More..

UK Premier May downgrades Brexit department
by | Thursday, July 26, 2018

UK Premier May downgrades Brexit department

Tory Eurosceptics have voiced concerns that Mr Raab's department has been sidelined by Number 10 and Mrs May's Europe adviser Olly Robbins, amid increasing speculation that divisions within the Conservative cam...More..

Trump calls Republicans 'weak' for not marching in lockstep on trade
by | Thursday, July 26, 2018

Trump calls Republicans 'weak' for not marching in lockstep on trade

Mr. Trump agreed, adding, "if we could have no tariffs and no barriers and no subsidies, the USA would be extremely pleased". The commission, which manages trade relations on behalf of all 28 nations in the ...More..

Here are your Tuesday $522M Mega Millions winning numbers
by | Thursday, July 26, 2018

Here are your Tuesday $522M Mega Millions winning numbers

The one-time "cash option" would net the victor $308 million. In total, there were 3,109,361 winning tickets Tuesday night at all prize levels, including the jackpot. Two of them were sold in MA and Texas. Th...More..

Donald Trump 'deal' with European Union boss Jean-Claude Juncker averts trade war
by | Thursday, July 26, 2018

Donald Trump 'deal' with European Union boss Jean-Claude Juncker averts trade war

In a Tuesday morning tweet, he called tariffs " the greatest ", saying every U.S. trade partner should either negotiate a "fair deal, or it gets hit with Tariffs". The administration did not need congressiona...More..

Facebook stock falls 24 percent on forecast for slowing growth, rising expenses
by | Thursday, July 26, 2018

Facebook stock falls 24 percent on forecast for slowing growth, rising expenses

The legislation, known as the General Data Protection Regulation, cost Facebook about 1 million users in Europe, he said . Facebook's first financial stumble in three years followed a quarter in which da...More..

China to invest $14b in South Africa
by | Thursday, July 26, 2018

China to invest $14b in South Africa

Eskom CEO Phakamani Hadebe explains what the parastatal will use the money for. "This is a normal loan, effective as from the day of the signing". "We are meeting here at a time when the multilateral tradin...More..

Farmers prefer Trump do trade deals than give them money
by | Wednesday, July 25, 2018

Farmers prefer Trump do trade deals than give them money

European Union Commission President Jean-Claude Juncker (zhahn-KLOHD' YUN'-kur) is telling President Donald Trump that the E.U. and U.S. are partners and allies, "not enemies", and must work together at the sta...More..

Trump administration unveils $12B aid for farmers hurt by tariffs
by | Wednesday, July 25, 2018

Trump administration unveils $12B aid for farmers hurt by tariffs

Agriculture Secretary Sonny Perdue said the government's measures were temporary, and necessary to send "a firm statement that other nations can not bully our agriculture producers to force the United Sta...More..

by | Wednesday, July 25, 2018

FCA's Sergio Marchionne dies at 66

Fiat Chrysler is now led by new CEO Michael Manley, the former head of its Jeep division. He was 66. Just days ago, he stepped down from his role leading one of the world's largest vehicle companies due to he...More..

Mega Millions jackpot at $512M for Tuesday's drawing
by | Wednesday, July 25, 2018

Mega Millions jackpot at $512M for Tuesday's drawing

Players must select five numbers from 1 to 70 and one Mega Ball from 1 to 25. The drawing for the fifth-largest Mega Millions jackpot will take place July 24. Brand said he would not conjecture the possibil...More..

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