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Facebook says data leak hits 87 million users, widening privacy scandal

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) said on Wednesday that the personal information of up to 87 million users, mostly in the United States, may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million. Chief Executive Mark Zuckerberg said in a conference […]

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Say No, Take a Nap, Ignore the Haters and Other Lessons Learned from Being an Entrepreneur

This April marks my second year as owner of my communications and public relations business. When I started, I thought I was so prepared. Website — check. Newly rewritten LinkedIn profile — check. Business cards, networking appointments, even a client or two. Check, check, check. But I wasn’t prepared for the self doubt or the rollercoaster ride […]

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The Dollar LIBOR Replacement Rate Has Arrived: 1.80%

SOFR, so good? The LIBOR (London Interbank Offered Rate) was essentially designed to be conveniently rigged for the profit of those rigging it. And so it was widely rigged, as we found out during the “LIBOR Scandal,” in which some of the biggest and most notorious banks had gotten tangled up. Some criminal charges were […]

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This Dividend Stock Gave Up Just 30% Of The S&P 500's Value Collapse

Here we go again. The Dow Jones Industrials (DIA), midday Monday, was down over 720 points, and the broader S&P 500 index (NYSEARCA:SPY) was down more, falling 3.16%. Tech stocks traded down hard again Monday, following last weeks’ debacle in that space. Facebook (FB) was down a further 3.3% putting it solidly in bear market […]

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RSS Readers Are Due for a Comeback: Feedly, The Old Reader, Inoreader

The modern web contains no shortage of horrors, from ubiquitous ad trackers to all-consuming platforms to YouTube comments, generally. Unfortunately, there’s no panacea for what ails this internet we’ve built. But anyone weary of black-box algorithms controlling what you see online at least has a respite, one that’s been there all along but has often […]

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Spotify's record-setting direct listing makes it a $30 billion company

LONDON/NEW YORK (Reuters) – Spotify Technology SA (SPOT.N) shares surged following the largest-ever direct listing on Tuesday, giving the world’s leading streaming music service a market value of nearly $30 billion. Shares opened at $165.90, up nearly 26 percent from a reference price of $132 a share set by the on the New York Stock […]

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Saks, Lord & Taylor hit by payment card data breach

NEW YORK (Reuters) – Hudson’s Bay Co said on Sunday that data from card payments in some of its Saks and Lord & Taylor stores in North America had been compromised. The Lord & Taylor flagship store building is seen along Fifth Avenue in the Manhattan borough of New York City, U.S., October 24, 2017. […]

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How to Stop Eye Strain: Tips, Tricks, and Apps

Staring at the computer all day is horrible for your eyes. All those brightly colored pixels clashing with the lighting around you while you stare at your screen for hours on end—it’s a recipe for eye fatigue, muscle strain, and headaches. By adhering to a few simple guidelines and by making some physical adjustments to […]

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China's Meituan to buy large stake in Mobike: Caixin

SHANGHAI/BEIJING (Reuters) – China’s largest provider of on-demand online services, Meituan-Dianping, is buying a large stake in bike-sharing firm Mobike, business magazine Caixin reported on Tuesday citing unnamed sources. A Mobike bike-sharing bicycle is pictured in Singapore August 29, 2017. REUTERS/Edgar Su Caixin said the deal was brokered by Pony Ma, chief executive of Tencent […]

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Walmart opens first small high-tech supermarket in China

BEIJING/NEW YORK (Reuters) – Walmart Inc has opened its first small high-tech supermarket in China, where smartphones can be used to pay for items that are mostly available on the U.S. retailer’s store on Chinese online marketplace JD.com, it said on Monday. FILE PHOTO: Pedestrians walk past a signboard of Wal-Mart at its branch store […]

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Tesla said to make 2,000 Model 3s per week, stock down

(Reuters) – Tesla Inc (TSLA.O) was reported to be making 2,000 of its Model 3 sedans per week, enough to ease stock market nerves around billionaire Elon Musk’s electric carmaker on Monday after a week dominated by news of a crash involving its semi-autonomous autopilot. Musk told employees in a company-wide email on Monday that […]

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