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Monthly Archives: April 2018

YouTube to increase security at its offices worldwide after shooting

Josh Edelson | AFP | Getty Images YouTube’s headquarters is seen during an active shooter situation in San Bruno, California on April 03, 2018. Google said Thursday that it would boost security in YouTube offices globally following the shooting at the video platform’s headquarters earlier this week. On Tuesday, Nasim …

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A fresh scandal hits Japan’s Shinzo Abe

Joe Raedle | Getty Images Japanese Prime Minister Shinzo Abe and his wife Akie Abe at Mar-a-Lago resort on February 10, 2017. Japanese Prime Minister Shinzo Abe’s government faced criticism on Thursday, after his defense minister said the army last year found activity logs from a controversial 2004 to 2006 …

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Australia begins privacy investigation into Facebook

Guillermo Gutierrez | Bloomberg | Getty Images Mark Zuckerberg, founder and chief executive officer of Facebook, speaks during the APEC 2016 CEO Summit in Lima, Peru, on November 19, 2016. Australia’s Privacy Commissioner said on Thursday she had opened a formal investigation into social media giant Facebook after the company …

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The energy industry will likely emerge from any trade war with China unscathed

As the U.S. and China do battle over trade, there’s one sector that has been largely left out of the tit-for-tat for now — and that’s energy. The U.S. has plenty, and China wants more. China laid claim to 20 percent of U.S. oil exports last year and importantly, as …

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After-hours buzz: FB, OLLI & VIAB

Jaap Arriens | NurPhoto | Getty Images Mark Zuckerberg, CEO of Facebook. Check out the companies making headlines after the bell: Shares of Facebook gained nearly 3 percent post-market. The social media company announced a slew of new privacy measures on Wednesday afternoon that restrict third-party access to personal user …

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CEO of controversial crypto company Longfin blames short sellers for stock plunge

The head of a small company that has attracted controversy over its ties to cryptocurrency said that he is not going to sell his shares while he is fighting $1.4 billion in bets against the stock. “I’m not going to sell [for] the next three years,” Longfin CEO and Chairman …

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China envoy says takes ‘two to tango’ in resolving trade dispute with US

Ting Shen | Xinhua | Getty Images Chinese Ambassador to the United States Cui Tiankai speaks at a reception celebrating the 90th anniversary of the founding of the Chinese People’s Liberation Army (PLA) at the Chinese embassy in Washington D.C., the United States, on July 27, 2017. China’s Ambassador to …

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Trump will not pick whether Amazon gets Defense contract

Getty Images President Donald J. Trump speaks during a meeting with members of his Cabinet, in the Cabinet Room of the White House March 8, 2018 in Washington, DC. President Donald Trump is “not involved” in the process of choosing whether Amazon receives a multibillion-dollar Defense Department cloud computing contract, …

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CVS Health eyes kidney patients for next expansion into care

Daniel Acker | Bloomberg | Getty Images A customer exits a CVS Health Corp. pharmacy in La Vista, Nebraska. CVS Health is now planning to treat kidney failure patients, as the national drugstore chain continues to branch deeper into monitoring and providing care. The company said Wednesday it will offer …

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Cloudera (CLDR) stock falls to lowest levels since going public

Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera. Shares of cloud software company Cloudera fell more than 40 percent Wednesday to all-time lows after the company issued guidance that came in just below Wall Street estimates. The stock had shed roughly $1.25 billion in …

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