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Dollar Falls as Fed Path Assessed; Stocks Retreat: Markets Wrap
February 2nd, 2017
Investors scrutinize results from Facebook to Deutsche Bank Fed policy statement does little to alter views on rate hikes The dollar slumped against most of its major peers after the Federal Reserve gave dollar bulls little to be optimistic ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap
January 30th, 2017
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders digested the tensions sparked by Donald Trump’s order halting some ...
The European Parliament informs on Ceta trade deal
January 27th, 2017
Ceta, the EU-Canada trade deal, was approved by the international trade committee on 24 January. The agreement, which would remove tariffs on most traded goods and services, will be put to a final vote by all MEPs next month. ...
Google acquires developer platform Fabric and team from Twitter
January 19th, 2017
Google is taking over Twitter’s mobile app developer platform Fabric, as well as its Crashlytics crash reporting system, Answers mobile app analytics, Digits SMS login system and FastLane development automation system. Twitter launched Fabric as a modular SDK in ...
Mark Zuckerberg to testify in $2bn VR lawsuit
January 17th, 2017
Zenimax Media says Facebook unlawfully copied its virtual reality technology to make the Oculus Rift Mark Zuckerberg is expected to appear in a Texas court today to defend Facebook over claims it stole virtual reality (VR) technology. Games studio ...
Google reportedly close to tax deal with Italian authorities
January 13th, 2017
Google is reportedly close to finalising a €280m settlement with Italian tax authorities for routing profits through Irish and Dutch subsidiaries to reduce its tax liabilities. It would follow a similar settlement by Apple for €300m last year. Facebook ...
Why an Ex-employee sues Snapchat?
January 6th, 2017
A former employee has dragged Snapchat to court accusing the messaging app of misleading investors and trading partners to drive up its initial public offering, the Hollywood Reporter said citing a court document. In the lawsuit filed on Wednesday ...
Snapchat buys Israeli augmented reality start-up for $40 million
December 27th, 2016
Snap Inc – the owner of Snapchat – has quietly acquired Israeli augmented reality (AR) start-up Cimagine Media for a reported $30 to $40 million, according to a media report. Cimagine Media makes software that allows businesses or consumers ...
Lawsuit Accuses Google of Unlawfully Censoring its Workforce
December 22nd, 2016
An anonymous Google product manager is alleging in a lawsuit that the internet giant unlawfully censors current and former employees by imposing sweeping confidentiality policies that deter whistleblowing. The lawsuit was filed this week by a California labor law ...
