Author Archives
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$1 Billion In Digital Cash Sees Blockchain Developers Face Off Each Other
In a dispute that may help establish the leading player in providing new payment technologies to financial companies, two of the world’s largest blockchain developers are battling over more than $1 billion in virtual-currency options. Accusations of reneging on an options agreement… Read More ›
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Scrutiny Of Pratt’s Balky New Engines On Airbus Jets Stepped Up By India
As the U.S. manufacturer tries to overcome glitches that have grounded some AirbusSE planes, regulators in India are stepping up scrutiny of Pratt & Whitney’s new jet engines. Civil Aviation Minister Ashok Gajapathi Raju said in an interview in New Delhi… Read More ›
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In Indian Media Push, Amazon And Netflix Fight Each Other
Proof of a rising foreign presence in India’s fast-growing online entertainment business is the drama series Inside Edge, launched by Amazon to rave reviews in June. In the hope of capitalising on the explosive recent growth in smartphone penetration and… Read More ›
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Symantec Warns US, European Energy Sector, Targeted And Entered By Hackers
In a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, technologically advanced hackers have targeted United States and European energy companies, according to researchers at the security firm Symantec…. Read More ›
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Leave Politeness At The Door Is You Want To Be An Entrepreneur
Maybe Travis Kalanick and Steve Jobs were onto something. According to a review by researchers at Aston Business School in the U.K. and Kansas State University in the U.S., even after controlling for gender, education level, and gross domestic product… Read More ›
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Analysts Warn That In Two Months Time, There Can Be A Global Market Correction
According to an investor, in the next two months, a market correction could happen. “We believe there is a certain probability for a market correction over the coming two months, however, there is no inevitability for this to happen. What… Read More ›
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Decision On Blocking China-Backed Buyout Of US Chip Maker To Be Taken By Trump Soon
President Donald Trump’s economic and diplomatic relations with China will be put under a spotlight when he decides in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker. Gambling that the former real estate dealmaker will… Read More ›
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Pressurizing North Korea Is Both ‘Futile’ And A ‘Dead-End Road’, Says Putin
Russian President Vladimir Putin has said that only dialogue without pre-conditions could resolve the North Morea crisis and urged the U.S. and others to avoid going down a “dead-end road” with North Korea. “Russia believes that the policy of putting pressure on… Read More ›
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3.5 Million Is The New Estimate For Wells Fargo Fake-Account, A 67% Increase
In a sign Wells Fargo & Co is still struggling to move past a scandal that sparked record fines and congressional investigations, the bank raised its estimate for how many bogus accounts employees may have created. According to a statement on… Read More ›
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Growing U.S. Role Underlined By Harvey’s Impact On World Oil Market
The ripple effect of Texas’s deadly storm, highlighting the growing importance of the U.S. for the global oil industry is being felt by world energy markets, from butane in Asia to gasoline in Latin America and diesel in Europe. The… Read More ›
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