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Apple effort to make amends is bad for iPhone business

I hate to be a party pooper, but I am. Apple Inc.’s decision to do the right thing for customers will be bad for business. You probably know that Apple (sort of) apologized for not telling people about a software tweak it made about a year ago that slowed performance of iPhones with worn out batteries, to prevent them from ...

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A tool for making sense of cryptocurrency markets

Bitcoin rose 88 percent from December 1 to 19, then fell 23 percent by December 30, 2017, a net 44 percent increase for the month. Attention naturally focused on those events, but the important longer-term story is what’s happening within the entire cryptocurrency sector. The market value of all non-bitcoin crypto assets rose 153 percent during bitcoin’s upswing, and 4 ...

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UBS in talks to buy majority stake in China securities JV

Bloomberg UBS Group AG is in discussions to acquire a majority stake in its Chinese securities joint venture, Chief Executive Officer Sergio Ermotti said, as global banks rush to take advantage of Beijing’s pledge to further open its financial markets. UBS has started talks with its local partners on taking a 51 percent stake in the venture, Ermotti said in ...

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