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Monthly Archives: November 2018

San Francisco General Hospital may remove Zuckerberg’s name

Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018.  Facebook’s scandals may not cost CEO Mark Zuckerberg his board seat, but it could strip his name from a …

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Ex-Trump lawyer Michael Cohen reaches guilty plea deal in Mueller probe

Mark Kauzlarich | Bloomberg | Getty Images Michael Cohen, former personal lawyer to U.S. President Donald Trump, exits from federal court in New York, U.S., on Tuesday, Aug. 21, 2018. President Donald Trump’s former personal lawyer Michael Cohen pleaded guilty Thursday to lying to Congress about a real estate project …

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McDonald’s touchscreen kiosks in UK contain traces of feces

Scott Olson | Getty Images Kiosks for ordering food sit in the dining area of a McDonald’s restaurant located inside the company’s new corporate headquarters on June 4, 2018 in Chicago. A McDonald’s spokesperson said in an emailed statement: “Our self-order screens are cleaned frequently throughout the day with a …

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Trump continues to rail against General Motors following layoffs

Win McNamee | Getty Images President Donald Trump answers questions from the press while departing the White House on November 26, 2018 in Washington, DC.  President Donald Trump continued to rail against General Motors Thursday following the automaker’s decision to cut 14,000 jobs in the U.S. and Canada. Trump Tweet …

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Apple estimates cut again amid fears of sluggish iPhone demand

David Paul Morris | Bloomberg | Getty Images Apple iPhone XR and iPhone XS smartphones are displayed during an event at the Steve Jobs Theater in Cupertino, California, on Wednesday, Sept. 12, 2018.  Another Wall Street firm has cut expectations for Apple amid fears of soft smartphone and overall iPhone …

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Amazon investigated by the German antitrust authority

Carsten Koall | Getty Images An Amazon warehouse in Brieselang, Germany German antitrust officials are investigating whether Amazon is preventing fair competition in the country’s online marketplace. The Bundeskartellamt (Federal Cartel Office) said in a press release Thursday it had “initiated an abuse proceeding” over the online giant’s treatment of …

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Deutsche Bank shares sink 4 percent after police reportedly raid offices

Krisztian Bocsi | Bloomberg | Getty Images Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany. German police conducted a search of Deutsche Bank’s offices in Frankfurt on Thursday, amid allegations of money laundering against the country’s flagship lender. The investigations are directed against two Deutsche Bank staff …

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SoftBank-backed US home insurance start-up Lemonade expands to Europe

Noam Galai | Getty Images for TechCrunch Daniel Schreiber, co-founder and chief executive of Lemonade, speaks onstage during TechCrunch Disrupt NY 2017. Lemonade, a U.S. home and renters insurance start-up, is making Europe its first global expansion target. The New York-based firm uses artificial intelligence (AI) and chatbots to tailor …

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Trump cannot fire Federal Reserve Chair Jerome Powell: Morgan Stanley

Carlos Barria | Reuters President Donald Trump, left, and Jerome Powell, the new chairman of the Federal Reserve on Thursday, Nov. 2, 2017. U.S. President Donald Trump may be unhappy with Federal Reserve Chairman Jerome Powell, but he has no authority to remove the central bank head from office, Morgan …

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UK fintech firm Revolut gets license to expand to Japan and Singapore

Seb Daly | Web Summit | Getty Images Nikolay Storonsky, chief executive of Revolut, on stage at the MoneyConf fintech event in Lisbon, Portugal. British mobile bank Revolut has obtained licenses to operate in Japan and Singapore as it readies an expansion into Asia. The London-based financial technology firm said …

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