Those risks have been amplified by President Trump, whose administration has said it is “putting Iran on notice.” The tough talk from Washington has given early movers like Total pause, raising concerns as to whether long-awaited opportunities will materialize, or if the Trump administration will take a harder line and tighten already-complex rules on doing business with Tehran. Continue reading the main story Some major global companies […]
When Unilabs, the Swiss medical diagnostics business owned by private equity firm Apax, sought buyers to refinance its loans this month, it was by invitation only. The decision to restrict who could buy its loans, while also cutting typical investor protections, is a classic sign of a red-hot credit market in which private equity owners are emboldened to sideline investors who will be more demanding should a […]
Japan: Air traffic control plan for predicted drone delivery surge UPS tests residential delivery via drone Hackers can steal your data just from a PC’s blinking LED lights FDNY uses drone for the first time to tame Bronx fire The French military trained eagles to take down terrorist drones Rent your neighbor’s drone: Meet the AirBnB of UAVs These tiny drones use gel on their hair to […]
A new method for depositing single magnetizable atoms onto a surface has been developed by scientists. This is especially interesting for the development of new miniature data storage devices. (via WSJ)
Default Twitter profiles over the years… Image credit: Twitter Twitter users were shocked today when thousands of eggs disappeared, but cosmetic changes are unlikely to fix the service’s main problem, which is retaining new users. It’s what’s known in the marketing world as a “leaky bucket“. New Twitter profile image Twitter has been giving new users an egg-like profile picture since 2010, with the idea that they’d […]
Facebook and other platform companies publishing news are forces for bad journalism not good, despite some well-intended efforts lately to help media companies. That’s the conclusion of a massive, 25,000-word report, “The Platform Press,” published Wednesday by Emily Bell of the Columbia School of Journalism’s Tow Center and co-author Taylor Owen. The rapid shift to news reading directly on platforms is as big a transformation as digital […]
“Trying to fight ISIS while pretending that we can ignore the Syrian civil war that was its genesis and fuels it to this day is a recipe for more war, more terror, more refugees, and more instability,” Senator John McCain, Republican of Arizona and chairman of the Senate Armed Services Committee, said Thursday night. Photo Secretary of State Rex W. Tillerson, left, with Mevlut Cavusoglu, Turkey’s foreign […]
Hedge funds betting on a sharp drop in global equities suffered further this quarter, while the broader industry’s returns lagged behind those of US and European stocks. The flagship fund of Crispin Odey, who for several years has been warning of a violent bursting of a bubble inflated by central banks, is narrowly down for the year. The fund endured a nearly 50 per cent decline last […]
Panama has a new tourist attraction: the building hosting the offices of the Mossack Fonseca law firm at the heart of the Panama Papers scandal. That is why, workers there say, the sign announcing the firm has been taken down from where it used to be outside the dark-tinted edifice in Panama City’s modern banking district. Too many tourists were stopping to take selfies in front of […]
A study that used a new digital library and machine reading system to suck the factual marrow from millions of geologic publications dating back decades has unraveled a longstanding mystery of ancient life: Why did easy-to-see and once-common structures called stromatolites essentially cease forming over the long arc of earth history? (via WSJ)
By Roberta Rampton and Ayesha Rascoe | WASHINGTON WASHINGTON President Donald Trump on Friday released details of the personal finances of his staffers late on Friday, including his son-in-law Jared Kushner and daughter Ivanka, confirming that he has surrounded himself with some very affluent advisers. White House ethics officials said the legally required disclosure documents provided a snapshot of assets and positions held by personnel when they […]
Silicon Valley tech companies should do more to help media companies get subscribers and revenues – this was the gist from six panelists discussing “Journalism + Silicon Valley: The Balance of Power” at a recent event in San Francisco organized by the Tow Center for Digital Journalists. The event marked the release of Tow Center’s report: “The Platform Press: How Silicon Valley reengineered journalism |” It is […]
Silver Lake, the tech-focused private equity group, has teamed up with US chipmaker Broadcom in an attempt to acquire Toshiba’s semiconductor business for nearly $18bn, people briefed about the situation said. The Japanese company is in talks with several other potential suitors for its chipmaking unit, these people said, as it hopes that the sale will help it meet any financial shortfalls related to this week’s bankruptcy filing for […]
Mr. Zaidan is a former bureau chief for Al Jazeera in Pakistan and one of the few journalists to interview Osama bin Laden before the Sept. 11, 2001, attacks. Continue reading the main story The men’s lawyers and Reprieve, a human rights group in Britain that filed the lawsuit, hope that it will force the government to not only to clarify the men’s status, but to divulge […]
CARACAS Venezuela’s murder rate rose to an average 60 per day last year, up from about 45 per day in 2015, the attorney general’s office said on Friday, as a deep economic and political crisis exacerbated violence in the country. Official data put the murder rate at 70.1 per 100,000 inhabitants last year, one of the highest in the world and up from 58 in 2015. Violent […]
Investors are flocking back to European equities and propelling a rally across continental stock markets as money managers downplay fears around the upcoming French elections and fallout from Brexit. The shift — which follows a torrid 2016 when investors pulled roughly $100bn from the asset class — has been driven by hopes of a synchronised global economic expansion accelerating. European stock fund managers received $1.5bn in the […]
Major internet service providers (ISPs) on Friday said they don’t plan to sell their customers’ web browsing data, even after Congress cleared the way for them to do so. The statements from Verizon, Comcast and AT&T follow the congressional vote to repeal federal regulation that would have prevented ISPs from selling consumers’ personal information. “We have committed not to share our customers’ sensitive information (such as banking, […]
Prime Minister Najib Razak is said to be cosying up to the superstar to win votes ahead of the 2018 general election Rajini is Tamil cinema’s biggest star and the race makes up 80% of the Malaysian population The pair finally met this week after years of clashing schedules See more news from India at www.dailymail.co.uk/indiahome By Akshaya Nath Published: 18:55 EDT, 31 March 2017 | Updated: […]
President Trump has repeatedly threatened to change U.S. libel law to crack down on news organizations that publish information he finds objectionable. But could he actually make good on his threat? Several First Amendment experts reached by Poynter say President Trump couldn’t amend libel law simply because there is no federal statute governing libel. Further, any changes to existing libel laws would likely not favor President Trump, […]
Wall Street fell on Friday, pulled down by Exxon and JPMorgan Chase as investors wrapped up a strong quarter and weighed whether corporate earnings reports will justify the market’s lofty valuations. Major indexes have hit multiple record highs since the election of President Donald Trump on bets that he would improve economic growth by cutting taxes and boosting infrastructure spending. The rally has also benefited from robust […]
Taken together, the moves reinforce the message that Mr. Trump plans to make security cooperation the cornerstone of the American approach to the region, without human rights becoming an obstacle, unlike President George W. Bush, who also emphasized the development of democracy, or Mr. Obama, who pressed autocratic states to ease repression. Continue reading the main story “A blank check from President Trump on human rights concerns […]
US farmers have signalled plans to sow soyabeans across an area the size of Germany this year, an expanse that reflects the relentless rise of meat demand in China and other emerging economies. The record 89.5m acres (36.2m hectares) of soyabean fields would follow all-time high plantings in South America, the other leading grower of the oilseed. The harvest under way in Brazil is set to surpass […]
RBC’s head of cross asset strategy Charlie McElligott dons his full wonksh equity analyst hat today, exposing “The April Effect,” and the specific risk of “nasty double whammy” of levered long-short unwinds should momentum stall. Quick note of warning as we transition into the new quarter, with potential for major thematic / sector / factor reversals in stocks. The following observation regarding April seeing a seasonal ‘momentum’ […]
Kingston’s Data Traveler is among only a handful of drives certified to work with Windows To Go. Can you imagine being a modern business traveler on a 12-hour transcontinental flight without access to a portable PC or even a tablet? I can’t either. And yet that’s the unpleasant reality the Trump administration has forced on some passengers who are booked on nonstop flights to the United States […]
