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If you really care about digital privacy, then prove it

Millions of people received an email from Twitter last week advising them to change their password. Apparently a bug allowed some employees inside the company to see users’ passwords in plain text, creating the possibility that private information could be compromised. I received this email, read it and promptly deleted it. I forgot all about it until the subject came ...

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BOE seen losing time to create breathing room before Brexit

Bloomberg Mark Carney’s window to raise interest rates before Brexit is closing. As Britain draws nearer to its divorce from the European Union at the end of March with little certainty as to the economic repercussions, Bank of England policy makers with a benchmark interest rate of just 0.5 percent could be left with limited room to cut should they ...

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Wells Fargo owes California bankers $97mn for breaks

Bloomberg Wells Fargo & Co. must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn’t get the breaks they were entitled to under the state’s stringent labor laws. A federal judge in Los Angeles agreed with the bankers and consultants that the money they were entitled to should be based not just on their ...

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