Facebook sets up a new innovation hub in ChinaNaija247news

Facebook was dealt a further blow past year when government censors blocked its WhatsApp messaging app leaving it scrabbling to find ways of circumventing the ban and establish a presence within the lucrative Chinese market. Facebook is blocked in Ch... More..

by | Published more than a month ago
Twitter plunges as monthly users unexpectedly fall (TWTR)
by | Saturday, July 28, 2018

Twitter plunges as monthly users unexpectedly fall (TWTR)

Twitter has reiterated its efforts "to invest in improving the health of the public conversation" on its platform, making the "long-term health" of its service a priority over short-term metrics such as user nu...More..

Winning Mega Millions ticket sold in San Jose
by | Saturday, July 28, 2018

Winning Mega Millions ticket sold in San Jose

This is the fifth largest jackpot in the lottery game's history. Since that day, more than 14 million winning tickets have been sold. You can buy Mega Millions lottery tickets - which cost $2 - from partici...More..

Putin ready to go to Washington, invites Trump to visit Moscow
by | Saturday, July 28, 2018

Putin ready to go to Washington, invites Trump to visit Moscow

But amid all of the questions about who knows what, here's what we know about the Trump Tower meeting? Putin further said he is "ready" to go to Washington for talks, but appears to want to have Moscow on the t...More..

Newshour, Trump and European Union pull back from trade war
by | Saturday, July 28, 2018

Newshour, Trump and European Union pull back from trade war

The Trump administration on Tuesday plans to announce aid for US farmers to help protect them from the repercussions of trade spats between the United States and China, the European Union and others, a source...More..

The Heat: 10th BRICS Summit wraps up in Johannesburg Pt 2
by | Saturday, July 28, 2018

The Heat: 10th BRICS Summit wraps up in Johannesburg Pt 2

A year after India had termed the introduction of this norm as a diplomatic victory, the tenth BRICS summit in South Africa dropped the specific naming of terror groups from the joint declaration . Represe...More..

European Union and United States kiss and make up on trade
by | Saturday, July 28, 2018

European Union and United States kiss and make up on trade

Auto tariffs at that level would add about €10,000 (RM47,600) to the sticker price of a European-built vehicle sold in the United States , according a European Commission assessment obtained by Bloomberg ...More..

Mark Zuckerberg lost £13 billion in five minutes this morning
by | Saturday, July 28, 2018

Mark Zuckerberg lost £13 billion in five minutes this morning

Declining user growth, growing privacy awareness, and dwindling advertising profitability all seem to indicate trouble for the company in the future. On Wednesday the initial fallout from Cambridge Analytica...More..

President Trump Delivers a Stronger Economy as Promised
by | Saturday, July 28, 2018

President Trump Delivers a Stronger Economy as Promised

Yet, even as he touted the benefits of future trade deals, analysts say the risks from tariff wars and a fading effect from tax cuts could limit the pace of growth going forward. Finally, here's Trump in Sept...More..

Iran proxy begins oil war that could drive prices to $250
by | Friday, July 27, 2018

Iran proxy begins oil war that could drive prices to $250

Meanwhile, on Wednesday, the Houthis attacked a Saudi oil tanker in the Red Sea, causing slight damage, Saudi state television quoted the coalition as saying. The alliance intervened in the Yemen war in March...More..

European Union and United States launch talks in bid to quell trade tensions
by | Friday, July 27, 2018

European Union and United States launch talks in bid to quell trade tensions

The U.S. and European Union are now working to resolve their differences over steel and aluminum - but the tariffs are still in place. This comes after farmers, especially soybean growers were impacted by tar...More..

Oil prices drop on worries about oversupply
by | Friday, July 27, 2018

Oil prices drop on worries about oversupply

After an 8 per cent decline from multi-year highs, buyers returned to the market, said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut. Rouhani said Wednesday t...More..

Facebook's slide costs Zuckerberg $17bn
by | Friday, July 27, 2018

Facebook's slide costs Zuckerberg $17bn

Facebook also lost 3 million daily active users in Europe, which CEO Mark Zuckerberg attributed to the General Data Protection Regulation , which led to stricter privacy rules. Facebook stock recovered gra...More..

Turkey: American pastor on trial for terror let out of jail
by | Friday, July 27, 2018

Turkey: American pastor on trial for terror let out of jail

An American pastor whose imprisonment for more than 600 days has tested relations between the United States and Turkey has been released from jail and placed under house arrest , in an apparent concession ...More..

Trump calls for quick NAFTA deal in letter to Mexico president-elect
by | Friday, July 27, 2018

Trump calls for quick NAFTA deal in letter to Mexico president-elect

On Monday, Trump said he expected to get something worked out on NAFTA. The office of Foreign Affairs Minister Chrystia Freeland had no immediate comment on the letter. Mexico is demanding some sort of struct...More..

Officer Helps Homeless Man Shave, So He Can Apply For Job
by | Friday, July 27, 2018

Officer Helps Homeless Man Shave, So He Can Apply For Job

If Phil's background check comes back clean and he can provide proper identification, McDonald's will have a job ready for him, a company spokeswoman told the Tallahassee Democrat . So the officer helped Phi...More..

Donald Trump and Jean-Claude Juncker talk trade tariffs
by | Thursday, July 26, 2018

Donald Trump and Jean-Claude Juncker talk trade tariffs

David Lampton, director of China studies at Johns Hopkins University's School of Advanced International Studies, also said it was imperative for both sides to have direct talks and dialogue over their differe...More..

China to invest $15 billion in South African economy
by | Thursday, July 26, 2018

China to invest $15 billion in South African economy

Those who pursue a trade-war course "will only hurt themselves", Xi said at the Brics summit in Johannesburg Wednesday, calling on Brazil, Russia, India, China and South Africa to jointly reject unilateralism a...More..

Asus, Philips and others face a combined €111 million for price fixing
by | Thursday, July 26, 2018

Asus, Philips and others face a combined €111 million for price fixing

All the companies engaged in what's known as "fixed or minimum resale price maintenance (RPM)" by pressuring online retailers to set prices to the manufactures' liking - i.e. Asus got the heaviest at over €63...More..

Facebook Falls After Missing Q2 Sales Estimates (NASDAQ:FB)
by | Thursday, July 26, 2018

Facebook Falls After Missing Q2 Sales Estimates (NASDAQ:FB)

As Facebook gets bigger, reaching a majority of the world's internet-connected population, it's becoming more reliant on properties other than the company's main social network to fuel growth. But there's als...More..

by | Thursday, July 26, 2018

Former Fiat Chrysler CEO Marchionne dies

Credited with reinvigorating both its ailing constituent businesses, as well as subsidiaries such as Ferrari , Marchionne was among the most widely admired - if divisive - managers of his generation. Fiat push...More..

U.S. to give farmers $12bn trade war bailout
by | Thursday, July 26, 2018

U.S. to give farmers $12bn trade war bailout

Trump declared earlier Tuesday that " Tariffs are the greatest! " and threatened to impose additional penalties on US trading partners as he prepared for negotiations with European officials at the White Hou...More..

Trump Announces $12B Bailout For Farmers
by | Thursday, July 26, 2018

Trump Announces $12B Bailout For Farmers

Administration officials said the aid will ease the pain farmers have felt as America's trading partners slapped tariffs on agricultural exports in response to the Trump administration's tariffs on steel and ...More..

by | Wednesday, July 25, 2018

Trump to Give Farmers Aid, but Farmers Aren't Thrilled

In attempting to patch things up with farmers hurt by the trade war he touched off, President Trump managed to anger both from farm-state Republicans who say their constituents would rather sell their crops t...More..

Alphabet shrugs off European Union fine to bring in $3.2 billion Q2 profits
by | Wednesday, July 25, 2018

Alphabet shrugs off European Union fine to bring in $3.2 billion Q2 profits

Alphabet confirmed that it took a $5.1 billion charge to cover the cost of a record fine from the European Commission, which wiped out almost two thirds of its profit. The average estimate of 13 analysts survey...More..

U.S. not ‘afraid to tackle’ Iran regime at ‘highest level’: Pompeo
by | Wednesday, July 25, 2018

U.S. not ‘afraid to tackle’ Iran regime at ‘highest level’: Pompeo

Earlier this month, Rohani suggested that Iran may block oil exports from the Persian Gulf if its own exports are stopped by US sanctions . The US is regularly suspected of backing the idea of regime change,...More..

Dollar dips, stocks slip on Trump remarks
by | Wednesday, July 25, 2018

Dollar dips, stocks slip on Trump remarks

The yield on the benchmark 10-year Treasuries lost a little over 1 basis point to 2.88 percent, the super-long 30-year bond yields also slipped almost 1 basis point to 3.02 percent and the yield on the short-te...More..

A $12 billion farm bailout is a bad idea
by | Wednesday, July 25, 2018

A $12 billion farm bailout is a bad idea

Manufacturers - particularly any who use steel or aluminum - have also been hit hard by the effects of Trump's decision to levy tariffs on the two metals. Perdue and other USDA officials say the aid will be a...More..

North Korea takes down some launch site facilities: United States group
by | Wednesday, July 25, 2018

North Korea takes down some launch site facilities: United States group

State Department declined to comment. 38 North analyst Joseph Bermudez called the move an " important first step " for Kim in fulfilling a promise that Trump said the North Korean leader made during their J...More..

by | Wednesday, July 25, 2018

Republicans denounce Trump plan for 'welfare' for farmers hit by tariffs

The U.S. Agriculture Department's action highlights the ongoing toll of Trump's trade actions, particularly now that China and others have retaliated against the president's tariffs on imported metals and other...More..