• Facebook Co-Founder: 'It's Time to Break Up Facebook'
Facebook Co-Founder: 'It's Time to Break Up Facebook'

He chastises decisions made by Zuckerberg that ignored privacy and responsibility in exchange for growing Facebook at a rapid rate. "We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be", Hughes wrote , according to HuffPost .

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  • GM, union reach deal to rescue part of Ontario plant
GM, union reach deal to rescue part of Ontario plant

Hester said, "This new business will retain 300 Oshawa jobs, with the intent to grow and generate significant additional jobs in the coming years as the business attracts new customers". We will always stand shoulder-to-shoulder with our auto workers". There will be more next year. General Motors says it is committed to relocating current Oshawa ...

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  • United States tariff increase on $200B of Chinese imports takes effect
United States tariff increase on $200B of Chinese imports takes effect

The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No! Data released on Thursday offered Trump a chance to claim his tariff war is yielding the desired result. "They didn't realise when they pulled their concessions off the table that the administration would have the reaction that it did", he told AFP . "We won...

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  • First Game Launched By Apple After 11 Years Featuring Warren Buffet
First Game Launched By Apple After 11 Years Featuring Warren Buffet

Berkshire Hathaway is a company owned by Warren Buffet itself. Warren Buffett said on Monday that a trade war between the United States and China would be "bad for the whole world". The game begins in the country streets of Oklahoma, eventually transitioning to Cupertino, California-the city that Apple calls home. The game's developer is ...

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  • 46 million Australian $50 notes feature a big typo
46 million Australian $50 notes feature a big typo

The word appears three times on the note, and every time, the third "I" is missing. When the $50 note first arrived, the RBA said it came with new security features created to prevent counterfeiting and improve accessibility. The typo occurs in the "micro-print" on the note that is a transcript of Cowan's first speech to parliament . The A$50 ...

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  • More on Workhorse, the company interested in GM Lordstown
More on Workhorse, the company interested in GM Lordstown

Workhorse officials said they intend to work with the union, but a previously unionized plant it bought from Navistar in 2013 now operates with a non-union work force, according to the company's annual report. Terry Dittes, UAW vice president, told the media, "The UAW's position is unequivocal: General Motors should assign a product to the Lor...

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  • Hackers steal more than $40MILLION in BTC from cryptocurrency exchange — Bitcoin THEFT
Hackers steal more than $40MILLION in BTC from cryptocurrency exchange — Bitcoin THEFT

The 7,000 Bitcoins are worth roughly $ 40 million , based on current Bitcoin composite pricing calculated by Bloomberg . While the thieves only got a hold of around 2 percent of Binance's bitcoin holdings and all other cryptocurrencies were "unharmed", the exchange said it will need to suspend all deposits and withdrawals for at least on...

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  • US Would be Happy to Leave China Tariffs in Place, Trump Says
US Would be Happy to Leave China Tariffs in Place, Trump Says

Geng referred specific questions on the trade talks to the Commerce Ministry, which did not respond immediately to faxed questions from Reuters . Trump's warning comes less than a week after US Treasury Secretary Steven Mnuchin described ongoing negotiations as "productive".

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  • Why Trump upended US-China trade talks
Why Trump upended US-China trade talks

In other threaded tweets , he said China has been paying tariffs to the US and those payments are partially responsible for economic success. Treasury Secretary Steven Mnuchin declined to give specifics but said the USA side had originally hoped to conclude a deal either way this week.

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  • Uber, Lyft drivers plan to strike in cities across the US
Uber, Lyft drivers plan to strike in cities across the US

Outside of the United States, drivers across Australia and the United Kingdom say they'll be joining in with the Thursday shut down as well. In a snub to Uber , Lyft also announced a partnership with Alphabet Inc's Waymo in which Lyft will deploy 10 self-driving vehicles around the Arizona city of Phoenix.

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  • One ring phone scams on the rise
One ring phone scams on the rise

One-ring phone schemes are thought to have originated in Japan and are known there as " wangiri ", or "one ring and cut". "They may call repeatedly, hoping the consumer calls back and runs up a toll that is largely paid to the scammer". Such scammers may often use spoofing techniques, as well, to further mask the number in your caller ID display....

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  • Google Pixel 3a Specifications, Features Leaked Ahead of Official Launch Today
Google Pixel 3a Specifications, Features Leaked Ahead of Official Launch Today

Google Lens is another major avenue for the company to showcase its AI-backed image processing advancements. "This year, I anticipate the focus to be on hardware, whether it be through the new generation of Pixel phones or its smart display or a potential update to the Android TV", says Prabhu Ram, Head - Industry Intelligence Group, CyberMedia ...

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  • Iran using all resources to sell oil in 'grey market' - deputy minister
Iran using all resources to sell oil in 'grey market' - deputy minister

Journalist Rania Khalek sarcastically commented that the Pentagon's assertions about Iran must be true because they "always tell the truth" and " especially in relation to war ", while investigative reporter Max Blumenthal called Starr the " Pentagon's favorite stenographer ".

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  • Markets swoon after Trump threatens to hike China tariffs
Markets swoon after Trump threatens to hike China tariffs

While Trump's tweets could suggest trade talks have hit a brick wall, analysts said the threat likely represents a shift in negotiating strategy. Global steel and aluminum imports and shipments of washing machines and solar panels are also subject to tariffs Trump has levied since January 2018.

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  • Markets plunge after Trump threatens new China tariff hike
Markets plunge after Trump threatens new China tariff hike

European indexes fell broadly. A spokesman for the Chinese government said its envoys continue to prepare for a trip to the United States for trade talks, although there were concerns in the aftermath of Trump's tweet that Beijing might back out to avoid looking weak in the face of American pressure.

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  • April's job report in 3 charts - and key highlights
April's job report in 3 charts - and key highlights

Last month's two-tenths of a percentage point drop in the unemployment rate from 3.8 % in March was because 490,000 people left the labor force in April, the most in 18 months. The payroll gains were somewhat uneven, with construction, health care, and professional and business services posting gains while retail employment fell by 12,000 for...

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  • UK economy to slow near-term as Brexit preparations halted
UK economy to slow near-term as Brexit preparations halted

Carney, 54, took up the post in July 2013, with the United Kingdom economy struggling to recover from the global financial crisis and with the Bank of England's main interest rate at a then record-low 0.50 percent. "It remains the case that companies are only as ready as they can be, and they expect a market decline in the rate of growth, investm...

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  • Berkshire Hathaway renews building lease in Omaha for 20 years
Berkshire Hathaway renews building lease in Omaha for 20 years

Buffett told the FT in an interview last week that he has struggled to find investments that could make a meaningful impact to Berkshire's bottom line given the conglomerate has US$700b in assets, with US$112b of that in cash and cash-like securities.

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  • Why Elon Musk now owes $507m to banks
Why Elon Musk now owes $507m to banks

Tesla said it expects expenditures of $ 2 billion to $2.5 billion this year, and $3 billion for the next two fiscal years. After Musk's hints last week, analysts said the capital raise would cost significantly more now than it would have a year ago, when some on Wall Street were already calling for a capital raise.

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  • HSBC first-quarter profit rises 31 percent, beats estimates
HSBC first-quarter profit rises 31 percent, beats estimates

Europe's biggest bank by assets said operating expenses dropped 12 per cent in the January-March quarter, helped by one-off sales in its retail and commercial businesses and the non-recurrence of U.S. Analyst forecasts compiled by Refinitiv showed that the bank's reported profit before tax was expected to come in at $5.399bn for the January to Ma...

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