EU News Digest Latest News & Updates
Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during an Economic Club of Washington discussion in Washington, D.C., U.S., on Thursday, Sept. 13, 2018. The Wall Street Journal reports that the National Enquirer’s publisher paid $200,000 to obtain intimate texts …
Read More »Restrict social media after Christchurch mosque attack
Quinn Rooney | Getty Images Prime Minister Scott Morrison addresses the Australia-Israel Chamber of Commerce on March 18, 2019 in Melbourne, Australia. Australian Prime Minister Scott Morrison has called for a global crackdown on social media after footage of last Friday’s mosque attacks in Christchurch, New Zealand was livestreamed on …
Read More »Golden Gate Ventures, Hanwha planning Southeast Asia investments
Bryan van der Beek | Bloomberg | Getty Images Vinnie Lauria, founding partner at Golden Gate Ventures, speaks on April 13, 2016. Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. The firms …
Read More »Cboe to stop listing bitcoin futures as interest in crypto trading cools
Jim Young | Bloomberg | Getty Images A trader works in S&P 500 stock index options pit at the Chicago Board Options Exchange (CBOE) in Chicago, Illinois. The major U.S. exchange company that paved the way for bitcoin futures has had a change of heart. Cboe Global Markets, which rolled …
Read More »Facebook has worst day of year on downgrade, investigations and exits
Andrew Harrer | Bloomberg | Getty Images Sheryl Sandberg, chief operating officer of Facebook Inc., left, listens during a Senate Intelligence Committee hearing in Washington, D.C., U.S., on Wednesday, Sept. 5, 2018. Facebook shares had their worst day of the year on Monday, falling nearly 4 percent and extending last …
Read More »OneWeb adds $1.25 billion from SoftBank and others for satellites
The Washington Post | The Washington Post | Getty Images Greg Wyler, the founder of OneWeb, shows a model of the company’s satellites inside a rocket fairing. OneWeb announced $1.25 billion in additional funding from investors on Monday as the internet satellite start-up begins to rapidly increase production, aiming to …
Read More »Facebook downgraded as analyst says its executive exodus is contagious
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 dropped Monday after a Wall Street brokerage downgraded the stock to a hold rating and warned clients that …
Read More »Tesla shares are about to take a turn for the worse: Piper Jaffray
Tesla shares have taken a wrong turn. The stock has tumbled more than 17 percent this year with losses accelerating last week following a mediocre reception to its Model Y unveiling. It is now 29 percent off its record high set in September 2017. One technical analyst says the stock …
Read More »Qualcomm shares rise after jury finds Apple infringed on three patents
Ethan Miller | Getty Images Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 on January 6, 2017 in Las Vegas, Nevada. Mobile phone chip supplier Qualcomm on Friday won a legal victory against iPhone maker Apple, with a jury in federal court in San Diego …
Read More »Uber’s eye-popping valuation worth more than Nvidia and PayPal
Ali Balikci | Anadolu Agency | Getty Images Uber application logo is seen on a screen in front of taxi board in Ankara, Turkey on August 31, 2018. Uber is reaching for a lofty valuation in its upcoming initial public offering. An expected $120 billion valuation for the ride-hailing company would …
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