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Verizon had a bidding war with AT&T over Straight Path Communications and it just sealed the deal, acquiring the company for more than $3 billion. More specifically, Verizon outbid AT&T and agreed to pay $184 per share in an all-stock transaction, amounting to $3.1 billion in total. The bidding war started when AT&T offered $95.63 per share, but Verizon raised and AT&T folded. Verizon Outbid AT&T “[T]he […]

On the morning of August 4, 1892, husband and wife Andrew and Abby Borden were brutally hacked to death in their home in the small town of Fall River, Massachusetts. Their 32-year-old daughter Lizzie was the prime suspect. A cause célèbre of that period in America – spoiler alert: Lizzie, the O J Simpson of her day, was tried and acquitted – yet more than a century on, […]

Microsoft showed off the forthcoming return of OneDrive placeholders to Windows 10 at its Ignite conference earlier this year. The most eagerly awaited new feature in the Windows 10 Fall Creators Update isn’t new at all. see all of ed bott’s Windows 10 Tips OneDrive Files On-Demand, which Microsoft showed off during the Day 2 keynote address for its Build 2017 developers conference today, marks the return […]

Local journalism has been hit hard in the last decade. That hasn’t stopped. But in a survey of more than 400 journalists at newspapers with a circulation of under 50,000, the majority of journalists surveyed expressed optimism about the future. The study, by Christopher Ali and Damian Radcliffe, fellows at the Tow Center for Digital Journalism, was published today in Columbia Journalism Review. Ali and Radcliffe also […]

In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]

Moon Jae-in’s presidency of South Korea began with admirable pledges to handle an unpredictable and belligerent next-door neighbour, North Korea, and tackle economic problems. He will also tackle broader regional tensions, China’s outrage at the United States THAAD missile defence system in South Korea and rising fears over that same northern neighbour‘s nuclear programme. But one other challenge may be almost as crucial in determining the success […]

The developer of an easy-to-use form of customisable ransomware has massively expanded their activities, expanding their arsenal of cybercriminal tools and making it even easier for would-be cyber crooks to set up operations. First spotted in September last year, Philadelphia ransomware is simple to deploy and at $400, is a relatively low-cost investment for entry-level cybercriminals, who also get support and updates as part of a ‘ransomware-as-a-service’ […]

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Google’s mobile search makes it easier to find events and buy tickets. Image: Google Google has rolled out a new mobile feature that makes it easier for its US users to find events and buy tickets. Google’s app for iOS and Android now offers an orderly rundown of upcoming events in results for searches about local events accompanied by bold date, time, and location details. There’s also […]

A one-of-a-kind 3D printer built at the University of Minnesota can print touch sensors directly on a model hand. Credit: Shuang-Zhuang Guo and Michael McAlpine, University of Minnesota, “3D Printed Stretchable Tactile Sensors,” Advanced Materials. 2017. Copyright Wiley-VCH Verlag GmbH & Co. KGaA. Engineering researchers at the University of Minnesota have developed a revolutionary process for 3D printing stretchable electronic sensory devices that could give robots the […]

DUBAI // Two men are accused of beheading their compatriot in revenge for the victim’s brother killing one of their brothers back in Pakistan. Prosecutors said that they used axes on the morning of December 31 last year to attack the man, who was on his bicycle in The Springs area in Dubai. A passing jogger saw the dead body and called police. “It was about 9.30am […]

But the candidates still provide significant choices compared with elections in many other Middle Eastern countries. Continue reading the main story The incumbent president, Hassan Rouhani, promotes economic and social freedoms. His main opponent, Ebrahim Raisi, the head of the country’s wealthiest religious foundation, opposes many such ideas and wants Iran to become more self-sufficient. Televised debates this year have been held with new restrictions, in contrast […]

Facebook announced on Wednesday that it’s penalizing websites that contain little substantive content and junky advertising, the social network’s latest step to police its platform for content that users find objectionable or irrelevant. “We hear from our community that they’re disappointed when they click on a link that leads to a web page containing little substantive content and that is covered in disruptive, shocking or malicious ads,” […]

BT’s own goals cost the boss dearly. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Two months ago, all Paris St Germain had to do to reach the quarter finals of the European Champions League was not concede three goals in the final 2 minutes of their match against Barcelona. Barcelona’s ensuing […]

By Ben Blanchard | BEIJING BEIJING When leaders of 28 nations gather in Beijing next week for a summit to map out China’s ambitious new Silk Road project, one question is likely to be on attendees’ minds – what exactly is the Belt and Road Initiative? Proposed in 2013 by President Xi Jinping to promote a vision of expanding links between Asia, Africa and Europe underpinned by […]

By Nandita Bose | WHEATON, Ill. WHEATON, Ill. German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi has set a minimum target of selling groceries at a 21 percent discount to its U.S. rivals, including Wal-Mart Stores Inc (WMT.N), Chief Executive Jason Hart told Reuters. His strategy, previously unreported, centers on […]

A shake-up of the overarching Israel Broadcasting Authority — widely considered an outdated and wasteful enterprise — has been decades in the making. At one point it was said to have had up to 18 unions for about 1,800 employees. Israeli officials and experts across the political spectrum said that reform was essential. Continue reading the main story But the way it is unfolding appears chaotic and […]

YANGON The International Committee of the Red Cross has asked Myanmar to let aid workers get access to people caught up in conflicts that have displaced tens of thousands despite a transition that brought Nobel laureate Aung San Suu Kyi to power. Authorities have blocked the ICRC from areas under the control of ethnic minority forces and from visiting some prisoners, the organisation’s president, Peter Maurer, told […]

11 May 2017 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it achieved a total operating income of US$ 249 million during the first quarter of 2017 and the total financing and investments recorded slight increases at the end of March 2017 compared to end of December 2016. Al Baraka Banking Group has continued during the first quarter of 2017, […]

By Amanda Becker | WASHINGTON WASHINGTON President Donald Trump’s dismissal of Federal Bureau of Investigation Director James Comey has raised questions about the future of the agency’s probe into Russian attempts to sway the 2016 presidential election and possible collusion with Trump’s campaign. Democrats are worried Comey’s firing on Tuesday could jeopardize the ongoing FBI probe and have renewed calls for an independent investigation. Some Republicans have […]

Chaos ensued Monday night, May 8, at Fort Lauderdale Airport in Florida, as Spirit Airlines canceled multiple flights, leaving hundreds of travelers stranded in Broward County. Irritation escaladed to the point where it gave rise to altercations between angry passengers and staff members. The latter had no choice but to call the police, which intervened to calm the violent brawl and eventually made three arrests. Riot Charges For The […]

On Wednesday, Mr. Erdogan’s prime minister added another warning: that arming the Kurds could have “consequences” for the United States and a “negative result.” He did not go into detail, promising only that Mr. Erdogan would elaborate when he meets President Trump at the White House next week. Continue reading the main story Mr. Erdogan also sharply criticized the Trump administration’s decision in remarks quoted by Turkish […]

SHANGHAI China is testing the ability for future astronauts to stay on the moon for extended periods, as Beijing accelerates its space programme and looks to put people on the surface of the moon within the next two decades. The official Xinhua news agency said volunteers would live in a “simulated space cabin” for between 60-200 days over the next year helping scientists understand what will be […]

Just hours after the Fed’s March “dovish” rate hike, when stocks paradoxically surged to all time highs and yields tumbled, Goldman found something strange: “surprisingly, financial markets took the meeting as a large dovish surprise—the third-largest at an FOMC meeting since 2000 outside the financial crisis, based on the co-movement of different asset prices.” Even more surprising is that according to Goldman, its financial conditions index, “eased […]

ISLAMABAD –  Former president Asif Ali Zardari on Tuesday said that Prime Minister Nawaz Sharif had no moral right to rule after the verdict in Panama Papers case by the Supreme Court. Speaking to Pakistan People’s Party leaders including Sindh Chief Minister Murad Ali Shah and former interior minister Rehman Malik here in separate meetings, Zardari said that the PM should quit, to allow the Joint Investigation […]

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