Bloomberg Revelations that data belonging to as many 87 million Facebook Inc. users and their friends may have been misused became a game changer in the world of data protection as regulators are looking to raise awareness about how to protect information. Elizabeth Denham, the UK privacy regulator leading the European investigations into how user data ended up in the ...
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German industrial output slumps over protectionism angst
BERLIN / Reuters German industrial output fell by the most in more than two years in February and the sector is losing momentum, the Economy Ministry said, as factories in Europe’s largest economy throttle back in the face of the rising threat of protectionism. Output fell by 1.6 percent after rising by a revised 0.1 percent in January, data from ...
Read More »Apple hires former Amazon devices CTO for software role
Bloomberg Apple Inc. said it has hired technology executive Jon McCormack as a vice president working on software. McCormack previously led software for HP Inc., according to his LinkedIn profile. Before that, he was an executive in Google’s Advanced Technology and Products group. He spent several years at Amazon.com Inc. as chief technology officer of the devices group and a ...
Read More »US calls for global response after alleged Syria chemical attack
Bloomberg The US demanded an immediate international response to reports of a chemical attack outside Syria’s capital that rescue workers and activists said killed dozens. The allegations emerged amid renewed government fire on Douma, the last rebel stronghold in the Eastern Ghouta suburb, after a truce in the area unraveled on April 06. A chemical weapons attack last April provoked ...
Read More »Brazil’s Lula surrenders to police, ending standoff
Bloomberg Brazil’s former President Luiz Inacio Lula da Silva turned himself in to the police, finally ending a tense stand-off with authorities after ignoring a court-ordered deadline to begin a prison sentence. Lula left the metalworkers union headquarters, where he had hunkered down since last week, and is in police custody, TV footage showed. He ended up leaving by foot, ...
Read More »Macron, Merkel may agree with US on China
Bloomberg German Chancellor Angela Merkel and French President Emmanuel Macron will attempt a pincer movement on Donald Trump, with China emerging as the likely target of their joint effort to avert a trade war with the US. The leaders of Europe’s two biggest economies will visit the president in Washington within days of each other this month as the clock ...
Read More »Italy’s League sees chance of deal with Five Star: Corriere
Bloomberg Italy’s euroskeptic League leader Matteo Salvini sees a “real†chance that Italy’s next government will be between the center-right coalition and the populist Five Star Movement, according to an interview in Corriere della Sera. The coalition’s policy differences with Five Star “are less pronounced than people think,†Salvini said in the article. “There’s a real possibility to build a ...
Read More »Populist Orban faces a reckoning in polls
Bloomberg Sixteen years ago, Viktor Orban refurbished a palace overlooking the Danube River in Budapest as a new office to mark his re-election as Hungary’s prime minister. Then a surprise defeat prevented him from moving in and he spent the rest of the decade in opposition. The older, grayer, and heavier Orban is now the ringleader of Europe’s nationalist insurgence ...
Read More »Najib doubles down on longtime voter bases in election manifesto
Bloomberg Prime Minister Najib Razak is doubling down on his traditional vote banks in an election manifesto, pledging that under his government Malaysians would live “peacefully and prosperously.†His Barisan Nasional coalition is pledging to introduce a law for Shariah-compliant property sales, help ethnic Malay farmers resolve their debts, build more affordable housing for the police and military, and ensure ...
Read More »US needs China more than China needs the US
Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so, the Trump administration is failing to appreciate a crucial reality: The United States needs China more than China needs ...
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