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Tony Avelar | Bloomberg | Getty Images An attendee tries out a Electronic Arts video game during the annual Studio Showcase media event at the company’s headquarters in Redwood City, California. Electronics Arts has “a lot to prove” between slowing sales of the latest iteration of best-selling soccer franchise FIFA …
Read More »Yearly Archives: 2019
GE headed lower because GECAS worth less than $40 billion
Luke Sharrett | Bloomberg | Getty Images An employee helps install a traction motor onto the truck of a General Electric Evolution Series Tier 4 diesel locomotive at the GE Manufacturing Solutions facility in Fort Worth, Texas. General Electric may yet sell its valuable aviation financing and leasing business, GE …
Read More »Facebook removes fake accounts and pages tied to Russia Sputnik
Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Facebook has removed hundreds of fake pages and accounts …
Read More »FTC should let people track, delete data on demand
Brendan McDermid | Reuters Apple CEO Tim Cook speaks at the Anti-Defamation League’s “Never is Now” summit in New York City, December 3, 2018 Apple Chief Executive Tim Cook said the U.S. Federal Trade Commission (FTC) should implement a new framework that increases transparency around companies that handle user data …
Read More »Google GSuite price raise
David Paul Morris | Bloomberg | Getty Images Thomas Kurian, the incoming head of Google Cloud and formerly president of product development at Oracle, speaks at the Oracle OpenWorld conference in San Francisco on Sept. 24, 2013. Google is raising prices for the basic enterprise and small business versions of …
Read More »China goes all out to boost its economy during trade talks
As the U.S. and China negotiate on trade, Beijing is working overtime, pulling multiple levers to steady its lagging economy and boost markets. China’s central bank on Wednesday injected a record $83 billion into the financial system, seeking to avoid a cash crunch. The move is the latest in a …
Read More »Apple reportedly plans to cut back on hiring as iPhone sales weaken
Anthony Kwan | Bloomberg | Getty Images Employees serve customers inside an Apple store in Hong Kong, China, on Thursday, Jan. 3, 2019. Apple will slow hiring for some divisions amid disappointing iPhone sales, Bloomberg reported Wednesday, citing people familiar with the matter. The sources told Bloomberg that CEO Tim …
Read More »US troops killed in ISIS-claimed Syria attack
Delil Souleiman | AFP | Getty Images A picture taken on December 30, 2018, shows a line of US military vehicles in Syria’s northern city of Manbij. An attack in the northern Syrian town of Manbij has resulted in multiple casualties including U.S. troops, a senior Kurdish security official confirmed …
Read More »Federal prosecutors pursuing criminal charges against Huawei for alleged theft of trade secrets: WSJ
Qilai Shen | Bloomberg | Getty Images Ren Zhengfei, founder and chief executive officer of Huawei Technologies Co., left, speaks during an interview at the company’s headquarters in Shenzhen, China, on Tuesday, Jan. 15, 2019. The U.S. Justice Department will pursue a criminal case against Chinese tech giant Huawei for …
Read More »Senate Democrats fail to block Trump administration from lifting Russia sanctions
Bill Clark | CQ-Roll Call Group | Getty Images Senate Minority Leader Chuck Schumer, D-N.Y., speaks to reporters in the Capitol on Tuesday, Sept. 25, 2018. Senate Democrats on Wednesday came up short in a vote to stop the Trump administration from easing sanctions on companies linked to Oleg Deripaska, …
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