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Google, Facebook & Twitter agree to fight fake news in EU

Bloomberg Alphabet’s Google, Facebook Inc., Twitter Inc. and other tech and advertising companies have committed to implementing new measures and investing in new technologies to fight the spread of hoax news online in Europe, according to a draft of the agreement. The group, an ad-hoc alliance that includes Mozilla Corp. and advertising business organisations, is set to present its code ...

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ECB: Trade war may boost China while hurting US growth

Bloomberg A global tariff tit-for-tat could boost China’s $12 trillion economy and hurt the US expansion, according to European Central Bank research. The conclusions challenge President Donald Trump’s assertions that trade wars are “good, and easy to win.” They also counter the argument that China has more to lose from a spat with its main trading partner because of its ...

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Daimler names first non-German CEO

Bloomberg Daimler AG accelerated a management transition, naming development head Ola Kallenius to replace CEO Dieter Zetsche ahead of schedule as the German carmaker confronts jarring changes in the automotive industry. Kallenius, the first non-German to take the helm of Daimler, will become CEO in 2019, Daimler said in a statement. The 49-year-old Swede was already the heir apparent to ...

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