• Google Fined $5 Billion By EU For Illegal Android Practices
Google Fined $5 Billion By EU For Illegal Android Practices

She said that European Union antitrust laws put a "special responsibility" on dominant businesses, meaning they can not deny other companies the chance "to compete with them on merit ". The EU is concerned that Google's agreements with phone makers such as Huawei, Samsung and LG are putting those companies at a disadvantage since they're s...

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  • Netflix shares plummet after company reveals disappointing subscriber growth
Netflix shares plummet after company reveals disappointing subscriber growth

Chief Executive Reed Hastings said median viewing hours were growing, though he did not provide specifics. Netflix reported 5.2 million new subscribers - which was well short of its projected 6.2 million new customers. Once primarily a service for English speakers, Netflix has ramped up its investment in shows filmed in other languages. The com...

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  • Netflix shares dive after disappointing quarterly results
Netflix shares dive after disappointing quarterly results

GBH Insights analyst Daniel Ives called the second-quarter showing "a near-term gut punch" to Netflix. The company reported quarterly revenue of $3.91 billion and earnings per share of 85 cents. In their letter , Netflix officials acknowledged that the company's subscriber growth was lower than anticipated but didn't off much of an explanati...

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  • These Are Amazon Prime Day's Best 2018 Deals
These Are Amazon Prime Day's Best 2018 Deals

The e-commerce service is also offering exchange offers on smartphones, electronics, and home appliances with an available no-cost EMI option. Amazon launched Prime Day to be a midyear sales event that rivals Black Friday and Cyber Monday , and so far, it's been a success.

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  • Amazon India prepares for its most anticipated event yet
Amazon India prepares for its most anticipated event yet

To get the special $10 credit for use on Amazon Prime Day 2018 , you must be signed up as an Amazon Prime member . BF Ads is also tracking deals for Prime Day , and if you're looking at a big ticket electronic item, use a site like CNET to read a review first.

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  • Fox River Mall: longer than expected lines for Build-A-Bear event
Fox River Mall: longer than expected lines for Build-A-Bear event

Build-a-Bear announced on Facebook Thursday morning that it was closing lines at all of its stores in the United States and Canada because of crowds and safety concerns. The Build-a-Bear entrance at Franklin Park Mall in 2005. For one day only, customers were given the chance to purchase the stuffed toys, which usually range in price from $20-$35...

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  • U.S. Government To Appeal Judge's Approval Of AT&T-Time Warner Deal
U.S. Government To Appeal Judge's Approval Of AT&T-Time Warner Deal

The deal, which has been almost two years in the making, was approved by Judge Richard Leon just one month ago. The DOJ's move could increase that risk as its arguments against the AT&T-Time Warner included concerns that AT&T would be the sole distributor of highly sought-after content such as HBO .

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  • New round of tariffs targets $200 billion of Chinese goods
New round of tariffs targets $200 billion of Chinese goods

An all-out trade war with China could affect a third of all USA imports, data from Deutsche Bank Torsten Slok show. Seems like President Trump is looking out for his little girl. firms and stepping up border inspections of American goods. A U.S. Dollar note is seen in this June 22, 2017 illustration photo. The Aug. 30 date ensures the t...

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  • European exporters shift trade to avoid higher United States tariffs
European exporters shift trade to avoid higher United States tariffs

This builds on 25 per cent tariffs on $US34 billion worth of Chinese imports into the US that took effect at midnight on Friday, and carries out US President Donald Trump's threat to respond to any Chinese retaliation to those taxes. "They were the ones who started everything by hurting us", the official said. "Trump's escalation of trade hos...

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  • China hits back after U.S. imposes tariffs worth $34bn
China hits back after U.S. imposes tariffs worth $34bn

Some Chinese ports had delayed clearing goods from the United States, four sources said on Friday. Noting reports that the U.S. could add a tax on essentially every product shipped from China, Gao said that using the tariff stick to bully on trade runs against the trend of the times.

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  • Unemployment Rate Rises To 4%; US Economy Adds 213000 Jobs
Unemployment Rate Rises To 4%; US Economy Adds 213000 Jobs

Manufacturing added a healthy 36,000 jobs in June. The U.S. economy just keeps cranking out jobs. The unemployment rate ticked up slightly to 4 percent as some people who had been on the sidelines moved back into the labor force. Average hourly earnings are forecast rising 0.3 percent in June after a similar increase in May. The Labor Depar...

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  • Elon Musk Sends Team to Thailand to Help in Cave Rescue
Elon Musk Sends Team to Thailand to Help in Cave Rescue

He also proposed installing a 1m diameter nylon tube and inflating it "like a bouncy castle" to see if that would clear the water and provide a tunnel that the trapped boys could simply walk through. Divers have been teaching them diving and breathing techniques. So far, explorers have not been successful with this option. The boys and their coac...

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  • World powers back Iran oil exports despite USA sanctions threat
World powers back Iran oil exports despite USA sanctions threat

Tehran's top diplomat Mohammad Javad Zarif praised them for their "will to resist" United States pressure, two months after President Donald Trump walked away from the landmark accord. If Iran can not sell its oil due to US pressure, then no other regional country will be allowed to do so either, Jafari was quoted as saying by Tasnim news agenc...

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  • Asian shares falter, China under renewed pressure on trade war fears
Asian shares falter, China under renewed pressure on trade war fears

Liquor makers, food and drinks led the losses on Tuesday. Among equity markets, Hong Kong dived as much as 3.3 percent to nine-month lows, hit also by US curbs on China Mobile. The currency is allowed to trade up to 2 per cent either side of this fixed point. "Our base case remains that some form of negotiated solution will be reached, but things...

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  • Oil falls as Saudi output rises to compensate for disruptions
Oil falls as Saudi output rises to compensate for disruptions

The White House says Saudi Arabia could raise oil production to make up for any shortfall. Saudi Arabia, which pumped 10.03 million barrels daily in May, could tap some of its two million barrels a day of unused production capacity to stabilize markets.

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  • Are gasoline prices in the USA really too high?
Are gasoline prices in the USA really too high?

Oil prices fell earlier today as Trump demanded that the OPEC cartel reduce crude prices. Iran's representative to OPEC says U.S. President Donald Trump should stop tweeting about wanting lower oil prices, saying that doing so has the opposite effect.

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  • Trump says WTO treating the USA 'very badly' despite wins
Trump says WTO treating the USA 'very badly' despite wins

On top of the tariff intimidations, the European Commission is also deemed to have cautioned Trump that his behavior can "cause yet another disrespect of worldwide regulation" by the U.S., and stating that any auto tax would "harm further the status" of the nation.

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  • Trade Wars: Trump loads first volley against China
Trade Wars: Trump loads first volley against China

As an example, Chinese companies are reselling USA soybeans, and Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the United States in the year ending August 31, once the extra tariffs take effect.

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  • Trump on trade: European Union 'possibly as bad as China'
Trump on trade: European Union 'possibly as bad as China'

When he announced the tariffs last month, President Donald Trump said they would prevent "further unfair transfers of American technology and intellectual property to China , which will protect American jobs". - around 10% versus 2% - the tariffs only apply to a fraction of the market, around 15%. "It's time to reverse course and adopt smart...

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  • Mexico's AMLO Calls Trump 'Erratic and Arrogant'
Mexico's AMLO Calls Trump 'Erratic and Arrogant'

Twenty-six-year-old Juan Carlos Limas said he's "concerned that some candidates are making proposals that are impossible, because they're very expensive to carry out". Lopez Obrador has promised to stop corruption in Mexico's government. She says she believes Obrador can follow through on many of his campaign promises of fighting crime and corr...

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