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Putin seeks to defuse downing of Russian plane off Syria

The downing of the Il-20 highlighted the dangers posed by the conflicting interests of various powers in the crowded skies over Syria and threatened the close security ties between Russia and Israel. In an effort to maintain that relationship, Israeli Prime Minister Benjamin Netanyahu quickly called Putin to express sorrow over the death of the plane’s crew, blamed the plane’s loss squarely on Syria and offered to send Israel’s air force chief to Moscow to share information about the incident. …read more […]

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Facebook Is JPMorgan’s Most Controversial Company in Portfolio

After a turbulent 2018, the world’s largest social media group is in transition as it pushes to feature Instagram’s Stories more prominently on its core platform and roll out stronger privacy tools, JPMorgan analyst Doug Anmuth told clients in a note. Facebook is down more than 26 percent from its recent high less than two months ago. JPMorgan said expenditures will curb what Facebook should earn next year, and the year after that. …read more […]

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DoJ requests documents related to Musk statement on taking Tesla private

“We have not received a subpoena, a request for testimony, or any other formal process,” a Tesla spokesman said in an emailed response to Reuters questions about an investigation. The DoJ declined to comment. Federal prosecutors have opened a fraud investigation, Bloomberg reported https://bloom.bg/2D9F8mI. The report, citing two people familiar with the matter, said the department launched an investigation over Musk’s tweets in early August that he had secured funding for a buyout deal valued at $72 billion. …read more […]

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U.S. DoJ requests documents related to Musk statement on taking Tesla private

“We have not received a subpoena, a request for testimony, or any other formal process,” a Tesla spokesman said in an emailed response to Reuters questions about an investigation. The DoJ declined to comment. Federal prosecutors have opened a fraud investigation, Bloomberg reported https://bloom.bg/2D9F8mI. The report, citing two people familiar with the matter, said the department launched an investigation over Musk’s tweets in early August that he had secured funding for a buyout deal valued at $72 billion (54.8 billion pounds). …read more […]