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Facebook scores a very ‘unwelcome first’

Maybe it was inevitable that Facebook Inc. would become the first big target for Europe’s new data privacy rules. After Mark Zuckerberg’s social media giant revealed a security breach last month that hit at least 50 million accounts, Ireland’s data protection authority now says it’s investigating whether its safeguarding measures were compliant with the General Data Protection Regulation (GDPR), which ...

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Japan’s legendary trading companies tell new story

Japan’s storied trading houses are emerging from the shadow of billions of dollars of impairments they took after the financial crisis and the end of the commodity super-cycle. Stocks of the so-called sogo shosha, the groups that drove Japan’s postwar export success — the likes of Itochu Corp., Marubeni Corp. and Mitsubishi Corp. — have rallied as much as 36 ...

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Who’s winning the self-driving car race?

Bloomberg In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet Inc.’s Waymo. The Google sibling has cleared the way to beat its nearest rivals, General Motors Co. and a couple of other players, by at least a year to introduce driverless cars to the public. A deal reached in January to buy ...

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