Stock futures were slightly higher on Wednesday night as market participants continued to assimilate the latest Federal Reserve monetary policy statement, which was largely considered moderate. Investors anticipated the first US second-quarter GDP report on Thursday morning, along with more data on weekly jobless claims and a slew of Big …
Read More »Jeff Bezos: social media is a ‘nuance destruction machine’
Amazon CEO Jeff Bezos said social media is a “nuance-busting machine” during a landmark antitrust hearing that also featured Facebook, Google and Apple executives on Wednesday. The comment was made in response to a question asked by Rep. Jim Jordan, a Republican, who polled all four CEOs for their opinion …
Read More »Big Tech’s antitrust hearing showed why Congress won’t regulate companies like Facebook, Amazon, and Google
Wednesday’s antitrust hearing in Congress was a landmark occasion, giving Congress a chance to criticize four of the world’s most powerful men, who control four companies (Facebook, Apple, Amazon, and Google), each so massive that rival the nation states in their power. Observers are increasingly concerned about the massive and …
Read More »Huawei beats Samsung to be the number one smartphone maker thanks to China
The logo of the Chinese company Huawei at its UK headquarters in Reading, west London, on January 28, 2020. Daniel Leal-Olivas | AFP via Getty Images Huawei became the world’s largest smartphone player in the second quarter for the first time, a new Canalys report shows. Most sales come from …
Read More »Researcher points to the location of Van Gogh’s latest painting
AUVERS-SUR-OISE, France (AP) – The exact location where Dutch master Vincent van Gogh painted his latest work has been pinpointed after being hidden from view for years among a tangle of roots alongside a country road near Paris. Experts say the discovery sheds new light on the painter’s distraught state …
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