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Chinese social media company Tencent has purchased a 5 percent stake in Tesla for $1.78 billion, providing a boost to the company as it prepares for the launch of the Model 3 mass-market electric vehicle. The shares of Tesla increased by 2.7 percent to $277.45 upon the announcement of Tencent’s investment, with the company now close to overthrowing Ford as the second most valuable automobile company in the […]

The United States Department of Commerce’s Bureau of Industry and Security has removed Chinese telecommunications technology solutions provider ZTE from its trading blacklist following the company pleading guilty to illegally exporting products to Iran. “Upon recommendation by BIS, the company and ZTE Kangxun Telecommunications Ltd will be removed from the Entity List on 29 March 2017 (United States time),” ZTE said in a statement [PDF] to the […]

WASHINGTON The U.S. Senate voted overwhelmingly on Tuesday to approve the expansion of NATO to allow Montenegro to join the alliance. As voting continued, the vote was 86 to 2 in favour of Montenegro’s accession to the North Atlantic Treaty Organisation. The vote sends the issue to the White House for President Donald Trump’s signature. (Reporting by Patricia Zengerle; Editing by James Dalgleish) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var […]

Since its founding in 1857, The Atlantic has been a fundamentally American magazine. It was launched by leading lights of American literature: Ralph Waldo Emerson, Henry Wadsworth Longfellow and Oliver Wendell Holmes. Nathaniel Hawthorne reported for the magazine from Civil War battlefields. President Abraham Lincoln once said that a favorable article in the magazine could save him seven or eight battles in the Civil War. But soon, […]

Vocus Communications has announced selling its 16 percent stake in Macquarie Telecom, offloading 3,358,511 MAQ shares at a price of AU$12.20 per share for a total of around AU$41 million. Vocus sold 100 percent of its interest in Macquarie Telecom to both institutional and retail shareholders via a block trade, it announced to the Australian Securities Exchange on Tuesday morning. According to Macquarie Telecom, the sale of […]

By Matt Spetalnick | WASHINGTON WASHINGTON Israeli Prime Minister Benjamin Netanyahu said on Monday he was committed to working with U.S. President Donald Trump to advance peace efforts with the Palestinians and with the broader Arab world. Netanyahu made the pledge in a speech to the largest U.S. pro-Israel lobbying group at a time when the Trump administration is seeking agreement with his right-wing government on limiting […]

BEIRUT: US-backed Kurdish-Arab alliance on Sunday entered a military airport held by Daesh in northern Syria while the militant group warned the Tabqa dam is at imminent risk of collapse because of airstrikes and increased water levels.The advance by Syrian Democratic Forces (SDF) on Tabqa airbase comes as the alliance prepares an attack on Daesh’s de facto Syrian capital Raqqa, seeking to effectively surround the city before […]

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By Ron Bousso and Ernest Scheyder | LONDON/HOUSTON LONDON/HOUSTON Royal Dutch Shell Plc (RDSa.L) and Anadarko Petroleum Corp (APC.N) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split their properties, hoping to speed up development, according to a senior Shell executive. The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace […]

26 March 2017 Dubai, UAE – Rotana, one of the leading hotel management companies in the Middle East, Africa, South Asia and Eastern Europe, today signed an agreement with RSG International, a UAE-based global conglomerate, with interests in the property development, automotive and industrial equipment sectors across the Middle East, North America and South Asia, for a new five star hotel and serviced apartment project in Dubai, […]

26 March 2017 Dubai, United Arab Emirates – Dubai, a city where Arabic tradition meets urban lifestyle, has risen to become one of the most prominent holiday and business hub of the world. The city offers a distinctively unique experience for travelers and this year Rixos Hotels ushers in a special one with the opening of Rixos Premium Dubai on 15th May, 2017. Located at the heart […]

General Electric is planning to launch products based on what it calls a Digital Ghost, a combination of its digital twin efforts and industrial control technologies, to thwart cyberattacks. This effort, which is likely to be commercialized in the next year, aims to us physics to thwart attacks. Industrial machines would be able to sense anomalies that would trigger an autoimmune response to attacks. GE’s plans could […]

I am blessed to write about smartphones here on ZDNet and tend to overspend on the high end flagships because of how much time I spend using phones every day. However, after 10 days with my T-Mobile SIM in the new Moto G5 Plus, it will be very difficult to justify spending more than $300 on a smartphone again. The Moto G4 Plus, check out my review […]

25 March 2017 Atlanta – The Coca-Cola Company today announced a number of senior leadership appointments to drive its ongoing transformation into a growth-oriented, consumer-centered, total beverage company. Key changes, which will be effective when President and COO James Quincey becomes Chief Executive Officer on May 1, include: Combining Global Marketing, Customer and Commercial Leadership, and Strategy into one combined function under the leadership of a new […]

Like an old vinyl record with a well-worn groove, the needle skipping merrily back to the same track over and over again, we repeat: Today’s markets are dangerously overpriced. Being market fundamentalists who don’t believe it’s possible to simply print prosperity out of thin air, we’ve been deeply skeptical of the financial markets ever since the central banks began their highly interventionist policies. Since 2009, they have […]

By Caroline Humer and Yasmeen Abutaleb | NEW YORK/WASHINGTON NEW YORK/WASHINGTON U.S. President Donald Trump said on Friday that Obamacare was “exploding” after Republican lawmakers shelved legislation that would have dismantled the healthcare law. That’s not going to happen this month. Probably not even this year. The more than 12 million people who bought 2017 health insurance plans on HealthCare.gov and other websites the law created are […]

“I’d like to see you hold back on settlements for a little bit,” Mr. Trump told Mr. Netanyahu on Feb. 15, during the Israeli premier’s visit to the White House. “We’ll work something out.” Continue reading the main story Mr. Netanyahu replied, “Let’s try it,” prompting Mr. Trump to joke, “Doesn’t sound too optimistic, but he’s a good negotiator.” On Thursday, a delegation of senior aides to […]

Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per share, and closed Friday at $15.50, or 10.7% higher. Alteryx works with clients like Amazon, Ford and Coca-Cola to help them better assess what products are selling and where there are market inefficiencies. CEO Dean Stoecker touted a […]

The first quarter of 2017 is almost over and Xbox is keeping the game train going with its free game offering for April. Xbox Live has announced its April Games with Gold featuring four hit games: two Xbox One and two Xbox 360 games playable via backwards compatibility. These games are: Ryse: Son of Rome, Darksiders, Assassin’s Creed: Revelations, and The Walking Dead: Season Two. These limited-time games will […]

Master developer Nakheel has announced the award of a construction contract worth AED184.5 million ($50.2 million) for a second hotel at the Ibn Battuta Mall in Dubai. Dubai-based Parkway International Contracting has been appointed to build the 375-room hotel, which has a total project value of AED240 million, the developer said in a statement. It forms part of Nakheel’s AED3 billion hospitality expansion under which the developer […]

Chartbeat and CrowdTangle today announced a major expansion of a tool for measuring how stories are performing on social platforms. The two companies began a beta version of the Offsite Social service in September 2016. Two months later Facebook acquired CrowdTangle. The announcement says that Facebook is now making a “robust” (but unspecified) additional investment in expanding what’s measured and taking the service global including to European […]

23 March 2017 Doha, Qatar – Royal Philips (NYSE: PHG, AEX: PHIA) announced today that is has officially opened its new scientific office in Qatar. The new opening comes as part of the company’s overall expansion efforts across the region, and commitment to drive robust partnerships in Qatar with an aim to develop stronger healthcare outcomes. The opening ceremony included Her Excellency, Bahia Tahzib-Lie, Ambassador of the […]

One of the brightest lights in local journalism suffered a setback late last year when Raleigh Agenda, the sister site of Charlotte Agenda, closed its doors after failing to find a sustainable business model. But the closure of the site didn’t prevent the parent company from banking a comfortable profit in 2016, said Ted Williams, Charlotte Agenda’s cofounder and publisher. The company brought in about $875,000 in […]

By Lisa Richwine | LOS ANGELES LOS ANGELES Walt Disney Co (DIS.N) said on Thursday its board extended Chairman and Chief Executive Officer Bob Iger’s term by a year to July 2, 2019 and said he would serve as a consultant to the media giant for three years after that. This is the third time Iger’s contract has been extended. Iger first said he would retire in […]

Last week, a colleague received the printer’s proofs for an article that she submitted two years ago. You read that correctly. In the time that it takes to earn a master’s degree, she managed to navigate the labyrinth of academic peer review in order to publish one essay. It’s a success story, if you can maintain your sense of humor. Journal publishing in the humanities […]

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