Bloomberg For Luis Sancha, who grows olives and cereals in the countryside near Madrid, a family tradition could soon die out because his son thinks the family farm may be doomed and doesn’t want to take it on. “We got as far as the third generation but the fourth will be lost,” Sancha, 61, said in an interview outside the ...

Bloomberg Twitter Inc is acquiring Chroma Labs, a seven-person startup that was founded by former Facebook and Instagram employees for building photo and video-editing features. Chroma Labs was launched last fall with an app that lets people edit photos and videos before sharing them on the Stories features inside other apps, like Instagram or Snap Inc’s Snapchat. The company is ...

Bloomberg Along with the usual files and spreadsheets, the European Union (EU) leaders traveling to Brussels this week to thrash out the bloc’s long-term budget are being advised to bring an extra change of clothes. Maybe two. The extraordinary summit to nail down a seven-year spending plan is scheduled to start on Thursday. But no end time has been set ...

Bloomberg Amazon.com Inc is denying a Pentagon cloud-computing contract valued at as much as $10 billion was unfairly tailored for the e-commerce giant. In a court filing made public on February 17, Amazon countered rival Oracle Corp’s claims that bidding for the lucrative cloud deal was tainted by relationships between its employees and former Pentagon officials. Oracle is appealing a ...

Bloomberg UK inflation picked up for the first time in six months in January, tempering expectations for a Bank of England (BOE) interest-rate cut later this year. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said . Core inflation picked up to 1.6%. The pound erased a ...

Bloomberg Microsoft Corp tested for the first time in a live election security software that executives say will help restore the trust of voters shaken by claims of fraud, hacking and disinformation in the 2016 election. The company piloted its solution to verify results, a system called ElectionGuard, with voters in Fulton, Wisconsin, who chose candidates for state Supreme Court. ...

Bloomberg US Secretary of State Michael Pompeo said Iran must be held accountable for its proxies’ attacks on American forces in Baghdad, warning that such violence can’t become routine. “It cannot become ordinary course that the Iranians, through their proxy forces in Iraq, are putting the lives of Americans at risk,” Pompeo told reporters on his plane as he prepared ...

Bloomberg Vermont Senator Bernie Sanders has moved out to a commanding lead in California with 32% support among likely Democratic voters in the critical Super Tuesday state, according to a poll released by the Public Policy Institute of California. Joe Biden, Elizabeth Warren, Michael Bloomberg and Pete Buttigieg were all bunched within the poll’s margin of error for the next ...

Bloomberg John Rood has stepped down as the top policy official at the Defense Department, according to two people familiar with the matter. The senior Pentagon official had faced pressure to resign from key figures who lost confidence in his ability to carry out President Donald Trump’s agenda, according to multiple administration officials who requested anonymity to speak about Rood’s ...

Bloomberg Boris Johnson’s government unveiled plans to end what it called the UK’s dependence on “cheap low-skilled labour” and deliver on its pledge to halt freedom of movement from the European Union after Brexit. Under a points-based immigration system to come into effect on January 1, 2021, workers must prove they can speak English, have a verified job offer and ...