Archive for the January 1, 2018
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A team of college students is getting attention from internet companies and Congress after developing a browser extension that alerts users to fake and biased news stories and helps guide them to more balanced coverage.
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Apple on December 21 confirmed what some conspiracy theorists suspected, that it intentionally slows performance of older iPhones as batteries weaken from age. The admission played into concerns that Apple was stealthily nudging iPhone users
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Facebook said on December 21 it will stop flagging fake news as "disputed," opting instead to offer up contradictory stories containing facts that have been checked. The change comes as the leading online social network
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India's Reliance Infrastructure, backed by tycoon Anil Ambani, announced on Thursday the sale of its power distribution business to billionaire Gautam Adani for nearly $3 billion, its latest effort to pare its debts. Reliance Infrastructure,
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Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the US tax overhaul, the bank said in a statement on Wednesday. The
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Swiss-based trading and mining giant Glencore Plc has partly completed the sale of a 51 percent stake in its storage and logistics businesses to a unit of China's HNA Group, although transfer of some assets
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Boeing Co is eyeing a broad partnership with Embraer reaching beyond commercial aircraft to defence and global services, but its shape hinges on talks with the Brazilian government. The US aerospace group has yet to
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A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a
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A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a
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Mergers and acquisitions had another strong year in 2017, reaching their third highest annual level since the 2008 financial crisis, as CEOs were emboldened by buoyant markets to pursue transformative deals, even when their targets
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