August 8, 2019

Facebook loses facial recognition appeal, must face privacy class action

A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for […]
August 8, 2019

Oil rises more than 2% on firm yuan, expectations of more OPEC cuts

Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after […]
August 8, 2019

Barrick Gold plans to sell Tongon gold mine in Ivory Coast – BBG

Barrick Gold Corp is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify buyers, […]
August 8, 2019

Chinese trade data calms volatile global markets

Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety on fears of a […]
August 8, 2019

Wall Street surges after upbeat economic data

Wall Street’s main indexes were sharply higher on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors […]
August 8, 2019

Amazon’s Alexa comes under scrutiny of Luxembourg privacy watchdog

Luxembourg’s privacy regulator has asked Amazon for information regarding its Alexa voice assistant, an indication of rising regulatory unease over companies’ use of personal data. Powered […]
August 8, 2019

Facebook loses facial recognition technology appeal, must face class action

A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for […]
August 8, 2019

Anadarko shareholders go for the cash in $38 billion Occidental buyout

Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp , ending a short-lived contest […]
August 8, 2019

Kraft Heinz withdraws outlook after dismal results

Kraft Heinz Co reported weak sales on Thursday, prompting the maker of packaged foods to write down the value of several business units by more than […]
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