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Suppliers rally on strong iPhone X demand

Bloomberg Apple Inc.’s biggest suppliers from Taiwan Semiconductor Manufacturing Co. to Hon Hai Precision Industry Co. climbed on Monday after delivery times for the iPhone X stretched to as much as six weeks in the US, underscoring demand for the marquee smartphone. Shares in Hon Hai, the main assembler of Apple devices, climbed as much as 3.6 percent in Taipei. ...

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Dealmakers still like UK best despite Brexit, says EY survey

Bloomberg If Brexit is bad for British business, global dealmakers aren’t paying attention. The UK is still their favourite place in Europe to invest, according to a survey by Ernst & Young LLP. Business executives from around the world ranked Britain third behind the United States and China as the top investment destination, ahead of Germany and France, the New ...

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Facebook stumbles with early effort to stamp out fake news

Bloomberg Facebook Inc.’s strategy to stamp out fake news is struggling. The company outsources the process to third-party fact checkers who can only tackle a small fraction of the bogus news that floods the social network, according to interviews with people involved in the process. And screenshots obtained by Bloomberg reveal a process that some partners say is too cumbersome ...

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