Money

Instagram bullies to be told to rethink abusive comments before posting

Instagram bullies to be told to rethink abusive comments before posting

One of social media's most popular photo-album sites is rolling out new ways it will be combating online bullying . So, Instagram has now added two new features, one AI-based and the other relies on users themselves. "We've heard from young people in our community that they're reluctant to block, unfollow, or report their bully because it could escalate the situation", Mosseri said in a statement. Read More

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Japan's Abe and China's Xi Jinping meet amid trade war fears

Japan's Abe and China's Xi Jinping meet amid trade war fears

PM Modi will hold 10 bilateral meetings, including the ones with France, Japan , Indonesia, US, and Turkey, on the sidelines of the G20 summit in Japan. The administration official said rounds of meetings between top trade officials from both countries likely would begin again after the G20 summit. Trump is expected to meet Vladimir Putin for face-to-face talks for the first time since July 2018 in Helsinki, where he was attacked for being too conciliatory to the Kremlin strongman amid ... Read More

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FedEx Refuses to Deliver Huawei Smartphone Headed to US From UK

FedEx Refuses to Deliver Huawei Smartphone Headed to US From UK

FedEx claims that the US Export Administration Regulations "violate its carrier right by making them liable for deliveries". The delivery company goes on to say that the regulations as they now stand "essentially deputize [s] FedEx to police the contents of the millions of packages it ships daily even though doing so is a virtually impossible task, logistically, economically, and in many cases, legally". Read More

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Facebook announces Libra cryptocurrency and Calibra digital wallet, will arrive next year

Facebook announces Libra cryptocurrency and Calibra digital wallet, will arrive next year

Partners in the project include household names such as Mastercard , Visa , Spotify , PayPal, eBay , Uber and Vodafone, as well as venture capital firms like Andreessen Horowitz. Like all of Libra's founding members, Facebook will get only one vote in its governing association. Her comments came after Representative Patrick McHenry, the senior Republican on her panel, also sought a hearing on Facebook's new initiative. Read More

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Next Xbox will be capable of 120FPS, 8K

Next Xbox will be capable of 120FPS, 8K

The show also saw the appearance of actor Keanu Reeves , who showed up unexpectedly both onstage and at the end of a new trailer for the hotly anticipated Cyberpunk 2077 , to announce the game's release date. It will also have more storage. We didn't get to see the box itself, and we don't know how many consoles will comprise the Project Scarlett family, so there's still a lot that's unknown. Read More

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Weak US job report raises red flag on economy

Weak US job report raises red flag on economy

Home sales have been weak this year despite a sharp drop in mortgage rates. The next FOMC meeting is in less than two weeks. "The lack of meaningful jobs growth in manufacturing, and lower-than-average wage growth in manufacturing, gives another indication that Trump's trade war is hurting workers and the economy ", Seth Harris, a distinguished scholar at Cornell University's School of Industrial and Labor Relations and former acting Secretary of Labor under former President Barack ... Read More

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Amazon's Army of Prime Air Drones Lifting Off 'Within Months'

Amazon's Army of Prime Air Drones Lifting Off 'Within Months'

This model is capable of vertical takeoffs and landings like a helicopter, can fly like an airplane, and may one day bring packages directly to customers. Electric drones may provide a more environmentally friendly alternative to road-based deliveries, which typically feature gas or diesel vehicles. The drone needs a small area around the delivery location that is clear of people, animals, or obstacles. Read More

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Huawei denies cutting down smartphone production amidst United States crackdown

Huawei denies cutting down smartphone production amidst United States crackdown

And China might retaliate with similar bans against USA technology "that ultimately stagnates our tech leadership around the world", Katie Moussouris, founder of Luta Security, warned. The ban on Huawei has apparently forced many other countries to cut their ties as well. Paul Triolo, of the Eurasia Group (a worldwide risk valuation company), stated how they believe this might signify Beijing's initial efforts towards a retaliatory agenda. Read More

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China to Create Blacklist of 'Unreliable' Foreign Firms, Individuals

China to Create Blacklist of 'Unreliable' Foreign Firms, Individuals

The ongoing trade war between the USA and China is showing no sign of slowing down and it could actually get worse as China has announced plans to follow in the US' footsteps by creating a blacklist of its own. It's been weeks since the U.S. listed Huawei in its Entity list , effectively banning the brand from being used by other United States companies. China's response seems to escalate trade-war tensions, but in reality, there's probably little that China can do to whatever ... Read More

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Possible Renault-FCA Merger Could Spell Trouble For Nissan

Possible Renault-FCA Merger Could Spell Trouble For Nissan

The merged company would be the world's No. 3 automaker and be 50 percent owned by FCA shareholders and 50 percent by Renault shareholders, Fiat Chrysler Automobiles said in a statement Monday. The FCA Group estimates €1bn in annual synergies for Renault's alliance partners Nissan and Mitsubishi from the combination. But investors were enthusiastic about Fiat Chrysler's plan, pushing the company's shares up 8 per cent and Renault's 12 per cent. Read More

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China calls out U.S. as Huawei faces fresh setbacks

China calls out U.S. as Huawei faces fresh setbacks

Commerce Department to add Huawei to the 'Entity List , ' implying the Chinese company would require approval before doing any kind of business within the U.S. Washington's restrictions affect products made fully or partially in the U.S., where Panasonic manufactures some of its components. Investors and industry experts are now watching to see how United States technology companies may alter their relationship with Huawei following the blacklisting and the impact these changes may ... Read More

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China bemoans US 'bullying' of Huawei

China bemoans US 'bullying' of Huawei

Reinsch said that's normal in a trade war where each country wants to hurt the other politically as well as economically. "It's an admission of irreconcilable trade and geopolitical differences with China", the analyst said. Perdue said Thursday that "It would be very hard to understand how a trade deal could be consummated before that first payment". The New York fed economists' calculations didn't take into account President Trump's proposed expansion round of 25% tariffs on another $300 ... Read More

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Huawei considers rivals to Google's Android after US ban

Huawei considers rivals to Google's Android after US ban

The Commerce Department on Monday delayed the sanctions on Huawei for 90 days, saying the additional time was needed to allow for software updates and other contractual obligations. Huawei is now on the receiving end of a United States government accusation that it engaged in bank fraud to obtain embargoed U.S. goods and services in Iran and move money via the worldwide banking system. Read More

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