Finance

Facebook allegedly lied to advertisers for longer than a year

Facebook allegedly lied to advertisers for longer than a year In 2016, The Wall Street Journal reported that Facebook had "vastly overestimated average viewing time for video ads on its platform for two years" by as much as "60 to 80pc". According to a report in ReCode , Facebook that last week said that no data will be collected through Portal and shared for targeted advertising has now taken a U-turn. [Full Article...]

Netflix plans lower priced plans in India & other markets

Netflix plans lower priced plans in India & other markets The streaming company released a record 676 hours of original programming in the third quarter , according to Cowen & Co, the first time it has exceeded 500 hours in any quarter. In related news, Director Richard N. Barton sold 350 shares of Netflix stock in a transaction that occurred on Thursday, October 11th. All of this came against the backdrop of a missed second-quarter subscriber growt... [Full Article...]

Network Rail warns Paddington disruption could continue into tomorrow

Network Rail warns Paddington disruption could continue into tomorrow Passengers attempting to travel between London and Slough are advised to avoid the station until at least midday. A Network Rail spokesperson said: "Extensive damage to 500 metres of overhead electric power lines last night means no trains have been able to run between London Paddington and Reading and Heathrow this morning". [Full Article...]

Spammers behind massive Facebook hack, not political agents

Spammers behind massive Facebook hack, not political agents While the researchers behind this WSJ report have not identified the individuals behind this latest data breach , they have noted that the people who orchestrated the attack exist within the Facebook and Instagram ecosystem posing as a digital marketing company. [Full Article...]

Trade war and rising debt knock Chinese growth to a new low

Trade war and rising debt knock Chinese growth to a new low The standoff comes as Beijing is also battling to tackle a mountain of debt, with credit tightening and falling infrastructure investment. The service sector gained 7.7 per cent year-on-year in the January-September period, picking up from a 7.6-per cent increase in the first half, and outpacing 3.4 per cent in primary industry and 5.8 per cent in secondary industry. [Full Article...]

Previous Rome will oppose extension of European Union sanctions on Russian Federation

Previous Rome will oppose extension of European Union sanctions on Russian Federation Previously Matteo Salvini known fact that when he was a member of the European Parliament went to meetings in a t-shirt with a portrait of Putin, promised to help to remove Russian Federation from EU sanctions. "If we are asked to confirm the sanctions, we say no". The sanctions are due to expire in January. "Sanctions, for their own sake, only damage our companies, which we intend to protect,... [Full Article...]

Mega Millions jackpot up to $420 million; Powerball jackpot at $253 million

Mega Millions jackpot up to $420 million; Powerball jackpot at $253 million If you're thinking of playing, know that the odds are not in your favor at a one-in-292 million shot for Powerball and one-in-303 for the Mega Millions . The Mega Millions drawing is televised live every Tuesday and Friday at 11 p.m. on selected television stations. Tickets are $2 and are sold in 44 States and the district of Columbia, and the virgin Islands. [Full Article...]

Mark Zuckerberg faces fresh call to be removed as Facebook’s chairman

Mark Zuckerberg faces fresh call to be removed as Facebook’s chairman This morning, the state treasurers of Rhode Island, Illinois , and Pennsylvania joined forces with the comptroller of New York City to sign on to a proposal first issued by Trillium Asset Management in June. Trillium Asset Management owns about 53,000 of Facebook's shares, while another 4.5 Million are in the possession of the The New York City Pension Funds. [Full Article...]

Fed risks Trump's fury over rate increases

Fed risks Trump's fury over rate increases In putting Beijing and five other US trading partners on notice, the Treasury again refrained from escalating a fight over China's currency as US President Donald Trump had once pledged to do on the campaign trail. Rather, some of the central bankers appeared to see some indications of a stronger USA economy. "But Trump's Treasury secretary has chosen to rely on criteria created by previous admini... [Full Article...]

Tesla starts taking orders for shorter-range $45,000 Model 3

Tesla starts taking orders for shorter-range $45,000 Model 3 While the new Model 3 has a shorter range, rear-wheel drive and a slower top speed, Tesla succeeded in slashing $4,000 off of the price. The release of a lower-priced Model 3 was a "logical next step", Evercore ISI analyst Arndt Ellinghorst said in a note. [Full Article...]

Trump to Withdraw US From Postal Treaty, Squeezing China

Trump to Withdraw US From Postal Treaty, Squeezing China The Postal Service applauded the action Wednesday. The UPU acknowledged on Wednesday that it had received a letter the same day from the United States to withdraw from the union a year from now. According to the Financial Times , the cost to mail a 4.4-pound package within the United States is $19 to $23, while China Post pays just $5 to ship a similar package to the United States. [Full Article...]

Tesla secures land in China for first factory outside US

Tesla secures land in China for first factory outside US Tesla signed an agreement with Shanghai municipal government in July to build a factory with a planned annual capacity of 500,000 electric cars. A Tesla logo is seen in Los Angeles, California U.S. Tesla joins global automakers including General Motors Co., Volkswagen AG and Nissan Motor Corp. that are pouring billions of dollars into manufacturing electric vehicles in China. [Full Article...]

Canada to pardon pot possession as it legalizes marijuana

Canada to pardon pot possession as it legalizes marijuana Cannabis is legal in Canada and everyone should come to Canada and enjoy our cannabis ". " We're not known as wild and insane. We've won and my gut is like oh no, what are they doing?" He has also said that his late brother Michel was facing marijuana possession charges for a "tiny amount" of pot before his death in an avalanche in 1998, and that this influenced his decision to propose ... [Full Article...]

State Dept Denies Claims Pompeo Heard Audio Related to Khashoggi Disappearance

State Dept Denies Claims Pompeo Heard Audio Related to Khashoggi Disappearance The Crown Prince told Pompeo that the USA and Saudi Arabia "are strong and old allies". Riyadh strongly denies the allegations and said it is investigating the disappearance of the journalist, who was critical of Saudi rulers, calling for reforms. [Full Article...]

Trump widens Fed critique, calls it 'my biggest threat'

Trump widens Fed critique, calls it 'my biggest threat' Auto loan rates are at a nine-year high, and 30-year fixed mortgage rates recently climbed to their highest level in seven years. "I put him there and maybe it's right, maybe it's wrong but I put him there". Under Powell, the Fed has been gradually raising rates as the economy has strengthened as a way to prevent a run-up in inflation. Furthermore, "some" at the meeting said risks grew as the ... [Full Article...]

Don't mention the oil price - US legal threat prompts change at OPECNaija247news

Don't mention the oil price - US legal threat prompts change at OPECNaija247news The increase of oil production in the second quarter occurred mainly in the member States of OPEC - during this period, the cartel increased its production volume by 500 thousand barrels per day, while US production has increased by 400 thousand According to the report, biofuel production has also increased by 300 thousand barrels per day compared to the previous quarter. [Full Article...]

Tether Future Forecast: Cryptocurrency Loaning Firm, Nexo, Disassociates From Tether (USDT)

Tether Future Forecast: Cryptocurrency Loaning Firm, Nexo, Disassociates From Tether (USDT) Bitcoin price surged 9 percent within hours as Tether started losing its grip on the USD-peg. There has been a mass exodus from its more than $2 billion market capitalization into Bitcoin and other altcoins. The premium suggests that Tether holders may be rushing for the exit. Binance is VERY politically correct and will never write "Tether big scam" (it doesn't even make grammatical sense)... [Full Article...]

Turkish justice minister: Public should 'ignore leaks' regarding Khashoggi case

Turkish justice minister: Public should 'ignore leaks' regarding Khashoggi case The US secretary of state told reporters on Wednesday that he didn't want to get into specifics while discussing the circumstances surrounding the disappearance of Jamal Khashoggi , who was last seen entering the Saudi consulate in Istanbul , Turkey on October 2. [Full Article...]

Facebook in fresh video metrics row

The world's largest social networking platform has been under the microscope for various errors in the past and admitting to providing incorrect metrics to advertisers further draws flak. The company has said its mistaken calculations did not affect billing. In the latest version of the complaint filed Tuesday, those claims were unredacted. [Full Article...]

Recreational Marijuana Is Legal In Canada Today: Here Are The Rules

Recreational Marijuana Is Legal In Canada Today: Here Are The Rules In this September 25, 2018 photo, marijuana plants are shown growing in a massive tomato greenhouse being renovated to grow pot in Delta, British Columbia, that is operated by Pure Sunfarms, a joint venture between tomato grower Village Farms International, and a licensed medical marijuana producer, Emerald Health Therapeutics . [Full Article...]


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