Trading Ideas
Antitrust Regulators Are Worried About Wholesale Prices in T-Mobile-Sprint Merger
The two smaller national carriers have stronger positions in the wholesale market. …read more […]
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Trading Ideas
Tiger Woods yacht 'Privacy'
In case you were wondering if Tiger Woods is still rich… by the look of his yacht the answer is yes. Ahead of the U.S. Open that starts next week in Shinnecock Hills, Tiger has docked the 155-foot ‘Privacy’ in Montauk. The 155-foot vessel was purchased for $20 million dollars and costs $2 million a year to run…
But this is nothing compared to the superyacht that was seen anchored in the Hudson this week… ‘Aviva III’ is the 223-foot yacht owned by British billionaire Joe Lewis.
So who wins the battle of the boats… …read more […]
Trading Ideas
How Facebook's new 3D photos work
In May, Facebook teased a new feature called 3D photos, and it’s just what it …read more […]
Trading Ideas
Feds: Tesla accelerated, didn’t brake ahead of fatal crash
A Tesla SUV using the company’s semi-autonomous Autopilot driving system accelerated just before crashing into a California freeway barrier, killing its driver, federal investigators have determined. The National Transportation Safety Board, in a preliminary report on the March 23 crash, also said that data shows the Model X SUV did not brake or try to steer around the barrier in the three seconds before the crash in Silicon Valley. The NTSB says it now will examine the cause of the crash. …read more […]
Business News
Italy’s Illycaffe launches cold coffee as Starbucks looms
MILAN (Reuters) – Italian premium coffee maker illycaffe will launch hand-pulled cold coffee this summer, in a sign it is feeling the pressure as coffee chain Starbucks prepares to debut in its home turf.
Business News
Phony bank accounts not a ‘systemic’ issue: U.S. regulator
WASHINGTON (Reuters) – A U.S. bank regulator said on Thursday that an industry-wide review prompted by Wells Fargo & Co’s sales practices scandal had uncovered some instances of phony accounts at other lenders but little evidence of a “systemic” problem.
Business News
U.S. antitrust official says worries over limiting vertical deals ‘misplaced’
NEW YORK (Reuters) – A top antitrust official at the U.S. Justice Department attempted to reassure investors on Thursday that worries that regulators would crack down on proposed combinations of two companies on a supply chain — known as vertical mergers — were overblown.
Business News
S&P, Nasdaq fall as tech rally loses steam, Dow rises
NEW YORK (Reuters) – The S&P and Nasdaq fell on Thursday with the technology sector snapping its recent rally while investors kept an eye on trade tensions and waited for U.S. and European central bank meetings.
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New Mars discoveries advance case for possible life
New Mars discoveries are advancing the case for possible life on the red planet, past or even present. Scientists reported Thursday that NASA’s Curiosity rover has found potential building blocks of life in an ancient Martian lakebed. The organic molecules preserved in 3.5 billion-year-old bedrock in Gale Crater — believed to once contain a shallow lake the size of Florida’s Lake Okeechobee — suggest conditions back then may have been conducive to life. …read more […]
Business News
Yahoo’s EU regulator orders privacy changes over data breach
DUBLIN (Reuters) – Yahoo’s European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens.
Trading Ideas
Microsoft sunk a massive data center in the ocean to boos…
Microsoft sunk the 40-foot long vessel off the coast of Scotland. The data center contains 12 racks of computers with a total of 864 servers. Microsoft said it can hold data and process information for up to five years without maintenance. …read more […]
Business News
U.S. senator questions Alphabet, Twitter on Huawei relationship
WASHINGTON (Reuters) – A U.S. senator on Thursday is seeking responses from Google parent Alphabet Inc and Twitter Inc on whether the U.S. companies have any data sharing agreements with Chinese vendors, following a disclosure from Facebook Inc this week.
Trading Ideas
Microsoft Hits 52-Week High: What’s Driving MSFT Stock?
Shares of Microsoft Corporation (NASDAQ:MSFT) rallied to a 52-week high of $102.6 on Jun6, eventually closing marginally lower at $102.49. Shares of Microsoft have returned 20.9% year to date, outperforming the industry’s rally of 18.4%. Microsoft’s acquisition of the open-source software development platform giant, GitHub will helpthe company in becoming more future-oriented by encouraging more developers to create services and apps.This in turn will aid Azure to compete better against other computing giants by being more appealing to customers. …read more […]
Business News
Disney, Fox carved out assets ‘surgically’: U.S. antitrust chief
NEW YORK (Reuters) – Walt Disney Co’s $52.4 billion deal to acquire most of Twenty-First Century Fox Inc’s assets was “surgically” structured on good advice to be submitted to regulators, Makan Delrahim, assistant attorney general for the U.S. Department of Justice’s antitrust division, said on Thursday.
Business News
Bank of America raises planned Paris job moves before Brexit: sources
LONDON (Reuters) – Bank of America is looking to move more jobs than originally envisaged to its new Paris office, in what is expected to be one of the biggest such shifts from London ahead of Brexit, two sources familiar with the matter said.