October, 2019

• 19 October

  Renault sets gloomy tone for EU auto sector by cutting outlook

  

  Bloomberg Renault SA set a gloomy tone for the European automotive sector by slashing its outlook for revenue and profit, saying weakening economies are weighing on car sales and tougher rules on emissions have increased costs. The French carmaker’s shares fell the most since the arrest last year of former boss Carlos Ghosn. Renault reduced its financial guidance for 2019, ...

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• 19 October

  GM workers staying on strike as members vote on new contract

  

  Bloomberg The United Auto Workers (UAW) will continue striking against General Motors Co until a tentative deal is ratified by members, extending its walkout for at least another week. Voting on the proposed contract was expected to begin on October 19 and ballots will be due by October 25, Brian Rothenberg, the UAW’s spokesman, said during a press conference in ...

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• 19 October

  US lawmakers slam Apple for ‘censorship’ of apps at China’s behest

  

  Bloomberg US lawmakers from both parties slammed Apple Inc and Chief Executive Officer Tim Cook for “censorship of apps” at the “behest of the Chinese government.” Senators Ted Cruz, Ron Wyden, Tom Cotton, Marco Rubio and Representatives Alexandria Ocasio-Cortez, Mike Gallagher and Tom Malinowski expressed concern about the removal of an app that let Hong Kong protesters track police movement ...

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• 19 October

  Nestor set to storm into Florida panhandle with high winds, rain

  

  Bloomberg Tropical Storm Nestor was set to drop in on the Florida panhandle on Saturday with high winds and rain that will miss the nation’s energy hub along the Gulf of Mexico coast but could bring needed moisture to area crops suffering from drought. Nestor was located in the Gulf about 121 kilometres southwest of Apalachicola, Florida, and moving at ...

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• 19 October

  Google Pixel gets unorthodox zoom from AI

  

  Bloomberg Google’s latest smartphone demonstrates how artificial intelligence (AI) and software can enhance a camera’s capabilities, one of the most important selling points of any mobile device. The Pixel 4, the latest entrant in a phone line defined by its cameras, touts an upgraded ability to zoom in when shooting photos as its biggest upgrade. But the Alphabet Inc company ...

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• 19 October

  Self-driving cars of Russia’s Yandex join million-mile club

  

  Bloomberg Yandex NV, Russia’s largest internet firm, said its self-driving cars have passed 1 million miles in fully autonomous driving since it started testing the technology in December 2017, joining an elite group in the emerging robotaxi industry. The milestone matters for Yandex’s quest to compete with the likes of Alphabet Inc’s Waymo for a share of the market, which ...

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• 19 October

  Samsung plans to patch Galaxy security hole

  Bloomberg Samsung Electronics Co said it will issue a software update early next week to address a major security vulnerability that’s emerged on the company’s flagship Galaxy smartphones, the latest technological mishap for the world’s largest smartphone maker. Consumers noticed in recent days that Samsung’s in-screen ultrasonic fingerprint scanner — used to unlock the company’s latest Galaxy S10 and Note ...

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• 19 October

  Photoshop for iPad nears launch with ‘key features’ missing

  

  Bloomberg Adobe Inc is nearing the consumer launch of Photoshop for Apple Inc’s iPads a year after it was officially announced, however the company and early testers have said that the application will lack some key features from the desktop version. The San Jose, California-based company will hold its annual creative software conference, Max, in early November in Los Angeles ...

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• 19 October

  United, Delta see robust travel demand in US

  

  Bloomberg United Airlines Holdings Inc sees robust US travel demand extending into the winter, offering an economic bright spot amid signs of a slowdown. “I’ve never seen a bigger disconnect between the global headlines in terms of the economy and its potential impact on travel, and then the numbers I see here at United” in terms of future sales, United ...

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• 19 October

  Barneys New York selects Authentic as initial bidder

  

  Bloomberg In a first step towards determining its fate, Barneys New York Inc has selected a consortium led by Authentic Brands Group LLC as its initial bidder, setting a floor for offers due next week for the bankrupt luxury retailer. The $271 million offer from the Authentic Brands group includes a plan to open Barneys shops in Saks Fifth Avenue ...

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