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Life of Foxconn after Apple depends on a bit of nostalgia

Ah, nostalgia. It keeps the Star Wars movie franchise ticking over and drives Bruce Springsteen concerts. It’s also a theme for Foxconn Technology Group’s strategy to wean itself off Apple Inc. First came the FIH Mobile Ltd. decision two years ago to bankroll a revival in the Nokia name. This week, fellow Foxconn affiliate FIT Hon Teng Ltd. announced it’s ...

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Protect your data, then hope for a tech revolution

Sir Timothy Berners-Lee, credited with inventing the World Wide Web, tweeted up a storm on Thursday, reassuring internet users that they could reassert control over their data — and the web’s future — after the Cambridge Analytica-Facebook scandals. He’s right, but not necessarily in the way he imagines. “What can Web users do?” Berners-Lee wrote. “Get involved. Care about your ...

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China’s big banks stage a profit comeback as bad loans recede

Bloomberg Two of China’s largest banks posted better-than-expected profit growth in 2017 as a strengthening economy curbed soured loans and the government’s campaign to cut debt boosted their lending margins. Industrial & Commercial Bank of China Ltd on Tuesday reported a 3 percent increase in net income last year, while Agricultural Bank of China Ltd posted a 5 percent gain. ...

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