Italy’s Competition and Markets Authority has launched proceedings against Facebook for failing to fully inform users about the commercial uses it makes of their data. At the same time a German court has today upheld a consumer group’s right to challenge the tech giant over data and privacy issues in the national courts. Lack of
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Media playback is unsupported on your device Scientists have fulfilled a mummified Egyptian priest’s wish for life after death – by replicating his voice with artificial vocal cords. Nesyamun’s voice has been reproduced as a vowel-like sound that is reminiscent of a sheep’s bleat. The priest lived during the politically volatile reign of Pharaoh Ramses
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. SaaS stocks had a good run in late 2019. TechCrunch covered their ascent, a recovery from early-year doldrums and a summer slowdown. In 2020 so far, SaaS and cloud stocks have surged to all-time highs.
A Chinese passenger that just arrived on the last bullet train from Wuhan to Beijing is checked for a fever by a health worker at a Beijing railway station on January 23, 2020 in Beijing, China. Kevin Frayer | Getty Images Former FDA Commissioner Scott Gottlieb predicted on CNBC on Friday the fast-spreading coronavirus outbreak
Intel CEO Robert “Bob” Swan announces the company’s Tiger Lake chips at the technology fair CES. Christoph Dernbach | picture alliance | Getty Images Intel shares jumped as much as 7% in extended trading on Thursday after the chipmaker reported better-than-expected fourth-quarter earnings, extending a rally that’s pushed the stock to its highest since the
Check out the companies making headlines before the bell: American Express (AXP) – American Express reported quarterly earnings of $2.03 per share, 2 cents a share above estimates. Revenue was slightly above consensus. The financial services giant said revenue growth during 2019 was driven by higher card fee income as well as increased spending by
The Hudson River Valley has long attracted city dwellers trying to escape New York. The beautiful region — an 150-mile stretch from the northern tip of Manhattan to Albany — features abundant forests, fertile farmlands and dramatic views of the pristine Hudson River. Hudson Valley is popular in the autumn, but the winter — shown
American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected. The shares rose 2% in premarket trading Friday. Here’s how the payments company’s results compared to what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
Sarah Wilson, of GoBudgetGirl, recommends looking for cheap or free alternatives before actually buying. Source: Sarah Wilson You’re not the only one with spending sorrows. In recent years, some popular YouTube bloggers have started making videos confessing their biggest money mistakes, running the gamut from spending thousands of dollars on interior design for a rental
While EU lawmakers are mulling a temporary ban on the use of facial recognition to safeguard individuals’ rights, as part of risk-focused plan to regulate AI, London’s Met Police has today forged ahead with deploying the privacy hostile technology — flipping the switch on operational use of live facial recognition in the UK capital. The
The Prince of Wales has said he will pray for “a just and lasting peace” in the Middle East, on his first visit to the occupied territories. In a speech in Bethlehem, Prince Charles said he had been “struck by the energy, warmth and remarkable generosity of the Palestinian people”. During the trip, the prince
Founder Andreas Kröpfl has spent almost a decade hard-grafting in the b2b unified communications space, building a videoconferencing business with a patented single-stream system and a claim of no ‘drop-offs’ thanks to “unique low-bandwidth technology”. His Austria-based startup’s current web-based videoconferencing system, eyeson (née Visocon), which launched in 2018, has had some nice traction since
A Chinese passenger that just arrived on the last bullet train from Wuhan to Beijing is checked for a fever by a health worker at a Beijing railway station on January 23, 2020 in Beijing, China. Kevin Frayer | Getty Images China’s National Health Commission said as many as 25 people have died from a
Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport (SNA) in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images Southwest Airlines‘ fourth-quarter earnings beat analysts’ estimates, despite taking a revenue hit from the ongoing grounding of the Boeing 737 Max. The Dallas-based
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC J.P. Morgan Chase CEO Jamie Dimon got a 1.6% raise to $31.5 million for his work in 2019 after his bank posted record earnings and shares
Seth Klarman Getty Images Billionaire hedge fund manager Seth Klarman defended value investing, saying in a letter to clients that several factors, including the proliferation of passive investing, have created market mispricings that will soon lead to a payoff for the long underperforming strategy. Klarman, the CEO of the Baupost Group, said his fund posted
Thomas Barwick If you’re a Vanguard investor who is hoping to file your taxes early, you may be disappointed. Clients at The Vanguard Group who switched from the firm’s mutual fund platform to its brokerage account in 2019 will receive two sets of tax forms for that year, the company confirmed. These Form 1099s will
BEIJING (Reuters) – A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organization declared it an emergency but stopped short of declaring the epidemic of international concern. China’s National Health Commission said 830 cases had been confirmed so far and 25
Video advertising company Eyeview shut down in December, but its technology will live on thanks to an acquisition by Aki Technologies. Aki CEO Scott Swanson told me that he’s anticipating serious growth in the demand for ad personalization, particularly as consumers see personalization everywhere else online. Swanson argued that Eyeview’s technology stands out thanks to
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