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Facebook fails to fend off lawsuit over data breach

Bloomberg Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. The company’s disclosure in September that hackers exploited several software bugs to obtain login access to accounts was tagged as Facebook’s worst security breach ever. An initial estimate that ...

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London pushes motorists towards using electric cars

Bloomberg London’s lawmakers aren’t against cars and vans driving through its most congested parts, as long as they turn electric soon. A suite of policies aimed at cleaning up London’s toxic air pollution isn’t there to penalise drivers but to improve public health, Shirley Rodrigues, London’s Deputy Mayor for environment and energy, said at the Bloomberg Sustainable Business Summit. “The ...

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Trade tensions hit German business confidence in June

Bloomberg A slump in German business confidence deepened in June as trade tensions weighed on manufacturers. US-led protectionist thr-eats have clouded the growth outlook in Europe’s largest economy for mon-ths, contributing to a manufacturing slump and bo- osting fears that domestic demand will be undermined. European Central Bank President Mario Draghi last week said he’ll inject fresh monetary stimulus for ...

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