(Image: file photo) Cloud storage giant Box won’t say how many times it has turned over customer data to the government. The company’s policy stands out from the cloud storage crowd, including Google, Amazon, Microsoft, and Dropbox, which along with other every internet and phone company in the Fortune 500 provide a biannual transparency report detailing the number of government requests and secret orders they receive. A […]
SEATTLE Boeing Co’s (BA.N) commercial airplanes unit said on Monday it would cut more jobs in 2017 after slashing the workforce by 8 percent in 2016 as it battles to sell planes. The job cuts come as Boeing and rival Airbus (AIR.PA) face slowing demand for new aircraft, particularly twin-aisle jetliners such as the Boeing 777 and Airbus A330. Boeing said last week that it would cut […]
Amazon’s Echo Dot, a hands-free voice-controlled Alexa-enabled device, has enjoyed pretty rave reviews upon its release, simply because the device, a minute puck-shaped plaything, is far more capable than what its size suggests. Yes, the tiny flat cylinder sports Amazon’s proprietary voice-enabled virtual assistant Alexa, which is by and large its headline feature. It hears its owners, even when outputting loud music from its speakers, and it […]
By Michael Shields and Arnd Wiegmann | ZURICH ZURICH Three people were wounded in a shooting near an Islamic centre in central Zurich on Monday, police said. Swiss media said a suspect was on the run after the incident near the main train station in Switzerland’s financial capital. It was not immediately clear whether the Islamic centre or any of the other businesses registered buildings nearby, were […]
Photo Jordanian security forces in the town of Karak on Monday. Credit Ben Curtis/Associated Press KARAK, Jordan — Gunmen involved in a rare terrorist attack in Jordan on Sunday had a large cache of weapons, explosives and suicide vests in the apartment where they had been living, the country’s interior minister said on Monday. The discovery of the cache suggested that the men were preparing for multiple […]
(Image: file photo) People buying new computers and devices in South Carolina would be blocked from accessing porn under a newly proposed law. A bill, pre-filed earlier this month by state lawmaker Bill Chumley, is called the Human Trafficking Prevention Act, and would require computer makers and sellers to install filters that would prevent users from accessing porn and other sexual material. The aim is to prevent […]
Our annual collection of media corrections is, undoubtedly, an excuse to chuckle at our industry’s missteps. But it’s also a recognition of an honorable practice that not everyone follows. Outlets that mark their corrected articles clearly or collect them in one easily searchable section (for example, The Guardian) may be over-represented in this list, but they should be commended. A note on selection: This is a list of media […]
Yoga Book (Credit: Lenovo) As Microsoft prepares once again to embrace ARM processors in the name of thinner and lighter computing devices, the Lenovo Yoga Book may be a hint of things to come. In some ways, the device — available in Android and Windows versions and coming soon in a Chromebook variant — represents a hybrid between the original Yoga and the original Surface. True to […]
A last-ditch attempt by Monte dei Paschi di Siena, the struggling Italian bank, to raise up to €5bn in capital was thrown into doubt after the country’s private bank rescue fund expressed “strong reservations” over the terms of a bridge loan that is key to the deal. On Monday, MPS said in a statement that it was “in contact” with Quaestio Capital Management — which manages the […]
Most players will tell you that the back-to-backs add up to more fatigue and more risk for injury. They have also become a marketing problem for the league, because coaches sometimes bench their stars for one of the games. Continue reading the main story Just last week the Cleveland Cavaliers left LeBron James, Kyrie Irving and Kevin Love at home when the team visited the Memphis Grizzlies […]
German short-term interest rates dropped to a fresh record low on Monday as traders anticipated the effect of New Year policy changes announced by the European Central Bank this month, at a time when market activity begins to ebb in the final days of the year. The yield on two-year Bunds fell to as low as minus 0.82 per cent on Monday, in a sign of demand […]
Almost 600 people died in police custody in India in the five years up to 2015, a new report from Human Rights Watch says. During that period, not a single police official was convicted of a custodial death, the report “Bound by Brotherhood,” from the New York-based organization said. Deaths in custody are attributed to suicide, illness or natural causes, the report said, however “in many such […]
Global Investment House said on Monday that its Elaj Group unit has concluded partial divestment from Al Borg Medical Laboratories Limited to Investcorp and Boubyan Petrochemical Company. Al Borg is the largest chain of private laboratories in the Middle East and North Africa region, according to its website, with 26 laboratories in Saudi Arabia, four in the UAE, two in Qatar, and one each in Bahrain, Kuwait, […]
The key economic releases this week are durable goods and GDP on Thursday. Chair Yellen’s speech on the labor market on Monday afternoon is also likely to garner considerable attention. While the calendar gets quieter in the weeks ahead over the holiday season, there are a few notable macro events to keep traders occupied. This week, the Bank of Japan and Riksbank deliver their latest policy verdicts, […]
Lennar Corp (LEN.N), the No. 2 U.S. homebuilder, reported higher-than-expected quarterly profit and revenue and said the housing market continued to make a “slow and steady recovery.” An improving job market and attractive mortgage rates continue to fuel demand for housing in the United States, helping homebuilders such as Lennar and PulteGroup Inc (PHM.N). U.S. home prices are set to rise almost 5 percent next year, despite […]
By Letitia Stein | ATLANTA ATLANTA Inside a sunny classroom at a church decorated with rainbow flags, two transgender teenagers exploded into giggles during a dance break from math at Pride School Atlanta. They are among a handful of lesbian, gay, bisexual or transgender (LGBT) youth who have found a haven at the school, which opened this fall at a time when the number of discrimination complaints […]
Bank supervision and anti-money laundering standards need to be toughened in global geopolitical hotspots as a way of tackling the recent decline in so-called correspondent banking, a global group of policymakers has said. The Financial Stability Board, the group of policymakers and regulators that makes recommendations to the G20 nations, said on Monday that its members should assist other countries in drafting legislation and training supervisors to […]
Photo Buses evacuated residents from Fua and Kfarya, Shiite villages near the Syrian city of Aleppo, on Monday. Credit Agence France-Presse — Getty Images BEIRUT, Lebanon — After days of delays and sporadic violence, the evacuation of civilians and fighters from besieged communities in Syria has resumed, with convoys taking people out of Aleppo and two nearby Shiite villages, Syrian state television and opposition conflict monitors reported […]
If you are an emerging market investor, things at least look a little rosier than they did 12 months ago. Then sentiment was souring thanks to doubts about China’s economy, a slumping oil price and plenty of political upheaval. There is, of course, much to concern the EM universe going into 2017, notably a rising dollar, the prospect of higher interest rates in the US and president-elect […]
Pakistani cinemas resumed screenings of Bollywood movies Monday, after a self-imposed three-month ban on Indian films cut revenue in half, said Zoraiz Lashari, chairman of the All Pakistan Film Exhibitors Association. The organization suspended Bollywood screenings in September after the Indian Motion Picture Producers’ Association said it would cease working with Pakistani actors, musicians and technicians. Both decisions came in the wake of heightened tensions between India […]
Ireland will appeal the European Commission’s ruling to collect €13 billion in taxes from Apple, the Irish Department of Finance has announced on Monday. The Irish countermove comes nearly four months after the European Commission declared tax arrangements between Apple and Ireland — originally established in 1991 — had allowed the company to pay “substantially less tax” than rival companies, and were therefore illegal under state aid […]
Verizon has put up four phones available for free without trade-in requirements, save for a $20 device activation fee. The free phones being offered include the Moto Z Play Droid, a Verizon exclusive that supports Motorola’s modular-ish Moto Mods; Samsung Galaxy J3 V, a mid-range released early this year; and the LG K8 V and Stylo 2. Moto Z Play Droid The Moto Z Play Droid rocks a 5.5-inch […]
Soaring price growth in China’s top cities has slowed almost to a standstill, as government measures to cool the overheated property market take hold. Price growth of newly built homes in China’s “first tier” cities of Beijing, Shenzhen, Shanghai and Guangzhou slowed to 0.1 per cent in November compared with the previous month, the National Statistics Bureau said on Monday — well below month-on-month growth of 3-4 […]
