Tech firms should be made liable for ‘fake news’ on sites, UK lawmakers says
Tech firms like Facebook should be made liable for “harmful and misleading” material on their websites and pay a levy so they can be regulated, British lawmakers said, warning of a crisis in democracy due to misuse of personal data.
Apple reports earnings in a hectic week for markets, with a Fed meeting and jobs report also on tap
Tech bellwether Apple leads the earnings parade in the week ahead, as markets focus also shifts to the Fed’s midweek meeting and Friday’s jobs report.
How Jeff Bezos took Amazon to the top
Amazon’s profits dazzled this week – how Jeff Bezos brought it from bookstore to behemoth in 20 years.
Shareholders approve Fox Disney deal
Disney is to buy the film and television assets of Rupert Murdoch’s 21st Century Fox.
Donald Trump loves his economic numbers
The US President heralded an economic growth report by citing numbers – a lot of them.
US economic growth hits fastest rate since 2014
Stronger consumer spending and exports helped to boost growth in the second quarter of the year.
Pentagon creating software ‘do not buy’ list to keep out Russia, China
The Pentagon is working on a software “do not buy” list to block vendors who use software code originating from Russia and China, a top Defense Department acquisitions official said on Friday.
Another critical oil chokepoint is in the firing line after Iranian general’s threats
Houthi rebels in Yemen, with support from Tehran, have been ramping up attacks on Saudi oil tankers in the Bab el Mandeb Strait, the world’s fourth-largest oil chokepoint. As tensions with the US grow, this is only set to intensify.
Bitcoin rises, shaking off SEC’s denial of Winklevoss ETF
Bitcoin fell sharply after the U.S. Securities and Exchange Commission denied an application for what would have been the first-ever bitcoin ETF but later recovered above $8,200.