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Facebook once built a phone that could only be used by right-handed people Yesterday I chatted here with author Steven Levy about his new book, Facebook: The Inside Story. Today I wanted to share some of my favorite parts of the story, focusing on Levy's considerable original reporting. While I'm sharing my favorite parts here, I'm ...
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Standard Chartered Warns on Coronavirus's Impact on Growth LONDON— Standard Chartered PLC said the coronavirus epidemic would slow its profit growth this year, adding to the headwinds the Asia-focused bank faces from social unrest in Hong Kong and the aftermath of the trade war. The spread of the virus "will ...
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Bayer Agrees to New Review of Monsanto Purchase BERLIN— Bayer AG said it would strengthen external oversight of its due diligence in deal making in its latest concession to shareholders after its 2018 acquisition of Monsanto swamped it with a tide of lawsuits and sent its stock crashing. Bayer said Thursday ...
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Sarepta Therapeutics (SRPT) Q4 2019 Earnings Call Transcript Sarepta Therapeutics (NASDAQ:SRPT) Q4 2019 Earnings Call Feb 26, 2020, 4:30 p.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants. Prepared Remarks: Operator. Ladies and gentlemen, thank you for standing by, and welcome ...
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Stocks Fall as Virus Fears Show No Signs of Easing Global stocks slid and U.S. government bonds rallied Thursday as investors braced for a drop in business activity and corporate earnings following the spread of the coronavirus. Futures tied to the S&P 500 index fell 0.6%, pointing to likely declines when U.S. ...
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Dollar cedes gains as US virus spread deepens pandemic fear TOKYO (Reuters) - The dollar fell against the yen and the Swiss franc on Thursday after the first coronavirus infection of unknown origin was confirmed in the United States, adding to fears of a pandemic. FILE PHOTO: U.S. one hundred dollar notes are seen ...
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WPP shares slump to lowest since 2012 as sales slide LONDON (Reuters) - WPP (WPP.L) shares plunged to their lowest level in nearly eight years on Thursday after a sharp slowdown in fourth-quarter trading derailed the latest recovery attempt at the world's biggest advertising company. FILE PHOTO: Mark ...
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These Altcoins Could be Poised for Major Upside Despite Crypto Bloodbath Today has been a bloodbath for the crypto market, with Bitcoin's recent rejection at $10,000 leading most major altcoins to reel lower, with many posting sizable losses of 10% or more. This intense selloff may be a prime buying opportunity for a select few ...
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Consumer-facing companies will be the first hit if the coronavirus spreads across the US Retailers, restaurant chains, luxury-goods companies and cinema operators are among those expected to be most negatively affected if consumers isolate themselves. Getty Images. Retailers will be hurt if their customers stay away to combat virus. By ...
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Oil giant BP pulls out of 3 trade groups over climate policies but sticks with the powerful API BP PLC is cutting ties with three trade groups over climate policies, a move announced Wednesday that follows the energy giant's vow earlier this month to reach net-zero carbon emissions by 2050. BP BP, -0.76% will remain aligned with the more prominent ...
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Bitcoin Has Crashed—Now What? Bitcoin, along with the wider cryptocurrency market, has crashed—dashing hopes the digital token had begun performing as a so-called safe haven asset. The bitcoin price is down some 10% over the last three days with many major cryptocurrencies, ...
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Microsoft Joins Apple, HP in Scrapping Outlooks on Virus Microsoft (MSFT) became the latest tech giant to reduce its quarterly outlook based on the outbreak of a novel coronavirus that's slowing production of computers and crimping sales of an array of consumer services and electronics. X. Error loading player:.
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Watches & Wonders Cancels April Watch Fair Due To Coronavirus Watches & Wonders, the new concept for the annual watch fair in Geneva, has canceled its 2020 edition due to the worldwide spread of the COVID-19 coronavirus. The Fondation de la Haute Horlogerie, the show's organizer, made the sudden announcement ...
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UPDATE 2-Reckitt to spend 2 bln stg on growth after big writedown ... * Takes 5 bln pound charge on Mead Johnson takeover. * Will align business around Health, Hygiene and Nutrition. * Shares rebound after almost 5% fall (Adds detail on Mead Johnson, company revamp, shares). By Siddharth Cavale. Feb 27 (Reuters) ...
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Square profit beats on growth in subscription and services business (Reuters) - Square Inc beat market expectation for quarterly profit on Wednesday, as the payments processor earned more from its subscription and services business, especially from Cash App, sending its shares up 8% after market. FILE PHOTO: An ...
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BAT's annual revenue, profit tops on strength in traditional cigarettes business Adds EPS, estimate, outlook. Feb 27 (Reuters) - British American Tobacco BATS.L, reported better-than-expected annual revenue and profit on Thursday, benefiting from higher pricing and a relatively strong performance of its traditional tobacco business.
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Clearview AI: Face-collecting company database hacked Clearview AI, a start-up with a database of more than three billion photographs from Facebook, YouTube and Twitter, has been hacked. The attack allowed hackers to gain access to its client list but it said its servers had not been breached. Most of its clients ...
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Gilead Shares Gain After Launching Phase 3 Studies For Coronavirus Treatment Gilead Sciences (GILD) - Get Report shares extended gains in pre-market trading Thursday after the drugmaker said its nascent coronavirus treatment will undergo advance human testing in Asia. Gilead said that around 1,000 patients in the region, suffering ...
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Apple greatly reduced autonomous vehicle testing in 2019, fleet of 23 cars drove only 7500 miles By: Mikey Campbell. Thursday, February 27, 2020 1:11 AM. Apple's autonomous vehicle testing program saw a significant drawdown in 2019, with its fleet driving 72,201 miles less than it did in 2018. The company also appears to have changed its ...
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Coronavirus could take bite out of Omaha's Berkshire weekend, Warren Buffett says Count Warren Buffett among those now seeing the impact of the coronavirus outbreak hit home in Nebraska. As many as 5,000 visitors from China have annually been making the pilgrimage to Omaha each May for Berkshire Hathaway's annual shareholders ...
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Drax power plant to stop burning coal, with loss of 230 jobs The Drax power plant in Yorkshire will end all coal generation by next year after almost five decades as one of western Europe's most polluting power plants. Drax Group will stop burning coal at Britain's biggest power plant in March 2021, four years ahead of ...
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US New-Home Sales Climbed 7.9% in January By JOSH BOAK, AP Economics Writer. WASHINGTON (AP) — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth. The Commerce Department said Wednesday that new homes sold ...
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Amazon Sellers That Depend on China Have Already Taken a Hit From Coronavirus Among the top Amazon sellers, 49% are based in China, according to data from ecommerce intelligence firm Marketplace Pulse. Of course, Amazon sellers based elsewhere source goods from China, too. Marketplace Pulse CEO Joe Kaziukenas said he ...
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India Stocks Decline as Volatility Surges to Nine-Month High Indian stocks extended losses for a fifth day on mounting concern the novel coronavirus will spread in the world's second-most populous nation, worsening the economic outlook. The S&P BSE Sensex declined 1% to 39,482.53 as of 10:10 a.m. in Mumbai, set ...
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Churches and groups get fired up, it's easy to find a good fish fry during the Lenten Season LOUISVILLE, Ky. (WDRB) -- During the Lenten season, St. Gabriel the Archangel Catholic Church fires up the friers. Every Friday from Ash Wednesday to April 3rd, the St. Gabriel Men's Club serves up tasty fried fish. It has been dubbed the "Absolute Best Fish ...
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Coronavirus Cancellation for Trip (WSVN) - The coronavirus is spreading across the world, and many South Floridians had travel plans into countries where the virus is hitting. If you want to cancel your trip, can you get your airfare back? The answer may surprise you, and it's why one South ...
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UPDATE 1-Topps Tiles warns on profit as Britons avoid home improvement (Adds details, shares). LONDON, Feb 27 (Reuters) - British tile and wood flooring retailer Topps Tiles warned on full year profit on Wednesday, blaming weak consumer spending in the home improvement sector, hammering its shares. The group forecast that ...
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InMoment and MaritzCX to merge InMoment is merging with MaritzCX in a deal aiming to create the world's largest enterprise customer experience technology company. The pair see customer experience (CX) as increasingly being the differentiator for brands moving into the future, and hope ...
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Amazon's new grocery store is watching our every move. But we asked for this. In Amazon's new grocery store, there are no registers, and you can walk out as soon as you've grabbed what you need. The catch? All the information about your purchase lives in sensors, computers, and the cameras hanging from the ceiling. But to Christo ...
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Healthcare startup Qure.ai raises $16 million led by Sequoia India Healthcare startup Qure.ai has raised $16 million in an equity funding round led by Sequoia India, with participation from MassMutual Ventures Southeast Asia, it said Thursday. MassMutual Ventures is the investment arm of US-based MassMutual Life ...
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The coronavirus might succeed where Trump failed Is it possible that the coronavirus could produce the outcome that Donald Trump and the hawks in his administration have sought, but so far failed to achieve? Trump's "Make America Great" ambition has been largely about "de-Americanising" the world ...
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Invest in Girls During National Girl Scout Cookie Weekend, February 28-March 1 GLEN CARBON – Most people have a special place in their heart for Girl Scout Cookies. Not only because they're spectacularly delicious but also because the Girl Scout Cookie Program helps girls fulfill their dreams, follow their passions, and change the ...
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2021 Volkswagen Golf GTI We don't get the diesel or the plug-in hybrid, but the GTI is so much more than just a participation trophy. Travis Langness byTravis Langness, Reviews Editor• 02/26/2020. What is it? The Golf is one of the longest-standing names in the hatchback market.
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Telecom industry body appeals to government for 'urgent support' The telecom industry has sought immediate attention from the government on issues including a hike in the floor pricing of tariff, and a reduction in GST and licence fees. In a letter to Anshu Prakash, Secretary, DoT, and Chairman, Digital Communications ...
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Fiesta Restaurant Group, Inc. Reports Fourth Quarter 2019 Results Pollo Tropical Gains Market Share, Taco Cabana Leadership Transition. Fiesta Restaurant Group, Inc. ("Fiesta" or the "Company") (NASDAQ: FRGI), parent company of the Pollo Tropical® and Taco Cabana® restaurant brands, today reported results for the ...
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Disney and Salesforce departures highlight intensifying CEO shuffle A wave of CEO departures was announced Tuesday, as the chief executives of Mastercard, Salesforce, Thomson Reuters and Disney all had notice of their impending departures made official. The big picture: The incredibly high-profile turnover ...
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Hemlock State Brewing to participate in 10th annual Washington Beer open house Feb. 29 Hemlock State Brewing in Mountlake Terrace is one of 135 breweries statewide that will be participating in the 10th annual Washington Beer Open house from noon-5 p.m. this Saturday, Feb. 29. Sponsored by the Washington Beer Commission, the ...
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