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Monthly Archives: March 2018

Shares of a company that trafficked in personal Facebook data are plunging

Shares of Acxiom fell roughly 11 percent in premarket trading Thursday after Facebook ended its partnership with the data broker as result of the social media’s data privacy scandal. As a result, Acxiom warned 2019 revenue could be hit by as much as $25 million. Facebook announced it would shut …

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Overstock.com stock offering canceled, source says; shares rise

Ken James | Bloomberg | Getty Images A United Parcel Service Inc. (UPS) worker loads orders onto a truck in the shipping area at the Overstock.com Inc. distribution center in Salt Lake City, Utah. E-commerce company-turned-blockchain play Overstock.com’s 4 million share offering has been canceled, according to a source familiar …

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Boycott sponsors of Fox’s Laura Ingraham

Jonathan Ernst | Reuters David Hogg, a student at the Marjory Stoneman Douglas High School, site of a February mass shooting which left 17 people dead in Parkland, Florida, thrusts his fist in the air as he speaks during the “March for Our Lives” event demanding gun control after recent …

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Chipmaker Nvidia’s CEO says Uber does not use its self-driving processing solution

Rick Wilking | Reuters Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas, January 7, 2018. Uber Technologies does not use the self-driving platform architecture of Nvidia, the chipmaker’s Chief Executive Jensen Huang said on Wednesday. The ride-hailing …

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North, South Korea to hold summit on April 27

South Korean Presidential Blue House | Getty Images In this handout image provided by the South Korean Presidential Blue House, Chung Eui-Yong (R), head of the presidential National Security Office shakes hands with North Korean leader Kim Jong-Un (L) during their meeting on March 5, 2018 in Pyongyang, North Korea. …

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Saudi Arabia Aramco IPO rules by June says CMA

IAN TIMBERLAKE/AFP/Getty Images A picture taken on May 10, 2016 shows over Shaybah, the base for Saudi Aramco’s Natural Gas Liquids plant and oil production in the surrounding Shaybah field in Saudi Arabia’s remote Empty quarter desert close to the United Arab Emirates, on May 10, 2016. Saudi Arabia expects …

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Renault shares rally on new media report of Nissan merger talks

Johannes Eisele | AFP | Getty Images Employees working on a car assembly line of France’s Renault and China’s Dongfeng factory in Wuhan, Hubei province, China on on February 1, 2016. Renault shares rose sharply on Thursday, with traders attributing the gain to a Bloomberg News report that Renault SA …

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Uber reaches settlement with family of victim killed by self-driving car

David Paul Morris | Bloomberg | Getty Images An Uber signage is displayed outside the company’s headquarters building in San Francisco, California, on June 21, 2017. The family of the woman killed by an Uber Technologies self-driving vehicle in Arizona has reached a settlement with the ride services company, ending …

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Japan wants its own bilateral summit with North Korea

Mario Tama | Getty Images President Donald Trump and Japanese Prime Minister Shinzo Abe at the White House on February 10, 2017 in Washington, DC. Japanese Prime Minister Shinzo Abe’s government, worried about being sidelined at a proposed meeting between President Donald Trump and North Korean leader Kim Jong Un, …

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US trade approach sets bad precedent, may trigger domino effect

Nicolas Asfouri | AFP | Getty Images US President Donald Trump and China’s President Xi Jinping leave a business leaders event at the Great Hall of the People in Beijing on November 9, 2017. China’s commerce ministry said on Thursday the U.S. approach on trade sets a bad precedent that …

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