India's No. 1 Affordable Computer Franchise (ISO Certified, Govt. Approved) | Get approval in 10 Hours. For Inquiries: CALL +91-9774064470

Anger at Big Tech Unites Noodle Pullers and Code Writers. Washington Is All Ears.

SAN FRANCISCO — Oracle and the Handpulled Noodle would seem to have little in common. One is a multibillion-dollar software company in Silicon Valley with tens of thousands of employees all over the world. The other is a small Harlem spot that serves Chinese comfort food and is known for its tasty dumplings.But they both say Google is unfairly hurting their businesses, and they have a new audience in Washington eager to hear about it.After years of showing little interest, Congress and regulators at the Federal Trade Commission and the Justice Department plan to scrutinize the power, influence and market dominance of Google, as well as fellow…

Continue Reading

Making Data Coherent Drives Salesforce’s $15.3 Billion Deal for Tableau

SAN FRANCISCO — Technology vendors have been going on for years about the rising value of data. But information that can’t be understood is not worth much.That recognition is now driving some costly bets, topped on Monday by Salesforce’s $15.3 billion deal to buy Tableau Software, a Seattle-based maker of widely used tools for turning arrays of numbers into more understandable charts, graphs and maps.The all-stock transaction is the largest in a string of acquisitions by Salesforce, which is based in San Francisco. Less than a week ago, Google announced plans to pay $2.6 billion for Looker, a fast-growing start-up that also helps customers analyze business data.“Business…

Continue Reading

Huawei Tells Parliament It’s No Security Threat, Aiming to Avoid a Ban

LONDON — A Huawei executive defended the company’s security practices in the face of tough questioning from members of the British Parliament on Monday, as the Chinese technology giant seeks to contain an American-led effort to ban it around the world.John Suffolk, Huawei’s global cybersecurity and privacy officer, appeared at a hearing in the House of Commons about the safety of Britain’s telecommunications infrastructure. British leaders are facing pressure from the Trump administration to follow America’s lead in banning Huawei, the world’s largest maker of telecommunications equipment.The United States has argued that Huawei is beholden to the Chinese government, poses a grave national security threat and should…

Continue Reading

British candidates for PM take aim at favorite Johnson

LONDON (Reuters) - A host of candidates to replace Theresa May as British prime minister launched their campaigns on Monday promising to solve the turmoil of Brexit and taking shots at frontrunner Boris Johnson. May stepped down as leader of the ruling Conservative Party on Friday, having failed three times to win parliament’s support for a European Union divorce deal that was supposed to steer the country smoothly out of the bloc and deal with Britain’s biggest political crisis in a generation. Nominations to replace her had to be submitted on Monday, and the party’s 1922 Committee, which is running the contest, said 10 candidates had achieved…

Continue Reading

House Democrats to get some Mueller evidence, Trump calls witness ‘sleazebag’

WASHINGTON (Reuters) - Congressional Democrats and President Donald Trump’s administration struck a rare compromise on Monday as the Justice Department agreed to provide evidence from Special Counsel Robert Mueller’s Russia inquiry to lawmakers weighing whether to begin impeachment proceedings against the president. As the House Judiciary Committee began the first of a series of hearings to examine Mueller’s findings, the Justice Department relented after nearly two months of stonewalling and said it would provide evidence related to Trump’s attempts to interfere with Mueller’s probe. The committee still will not get to see a full, unredacted copy of Mueller’s report under the agreement, said Jerrold Nadler, the committee’s…

Continue Reading

Global stocks climb on trade optimism; Treasuries fall

NEW YORK (Reuters) - Equities around the world rose on Monday while U.S. Treasury prices fell as risk assets were back in fashion after the United States shelved plans to impose tariffs on Mexico, easing worries about the impact of another trade war on the global economy. The U.S. dollar gained against a basket of major currencies while the Mexican peso was on track for its biggest gain against the dollar since July 2018. The U.S.-Mexico trade and migration deal appeared to give investors a boost after a disappointing U.S. jobs report on Friday, sending U.S. government bond yields higher. “Trump’s walking back of potential tariffs on…

Continue Reading

Vice Media Loses Its HBO Show and a Top Executive

There were significant changes at Vice Media on Monday as the company — which was once operated more like a frat party than a business — takes shape under new leadership.First came the news that HBO was canceling the nightly program “Vice News Tonight” and that the executive who oversaw the show, Josh Tyrangiel, would be leaving the company.Vice Media quickly followed that report, which appeared in The Hollywood Reporter, with an announcement that Jesse Angelo, the former publisher of The New York Post, would become the company’s president of global news and entertainment.The changes occurred on the watch of Nancy Dubuc, a former head of the…

Continue Reading

Opioid drugmaker Insys Therapeutics files for bankruptcy

(Reuters) - Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe into bribes it paid to doctors for prescribing a powerful opioid medication. FILE PHOTO: John Kapoor, the billionaire founder of Insys Therapeutics Inc, leaves the federal courthouse in Boston, Massachusetts, U.S., March 13, 2019. REUTERS/Brian Snyder/File PhotoThe filing in U.S. Bankruptcy Court in the District of Delaware made Insys the first drug manufacturer to turn to bankruptcy due to legal expenses brought on by accusations of responsibility in the deadly U.S. opioid epidemic. Shares of the company fell nearly…

Continue Reading

Trump threatens more tariffs on Mexico over part of immigration deal

WASHINGTON (Reuters) - President Donald Trump on Monday hinted more details were to come about a migration pact the United States signed with Mexico last week, saying another portion of the deal with Mexico would need to be ratified by Mexican lawmakers. FILE PHOTO: Trucks cross the borderline into the U.S. and into Mexico at the World Trade Bridge, as seen from Laredo, Texas U.S., June 3, 2019. REUTERS/Carlos JassoHe did not provide details but threatened tariffs if Mexico’s Congress did not approve the plan. “We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S.…

Continue Reading

UK PM candidate Hunt says: EU will do a new Brexit deal with me

Britain's Foreign Secretary Jeremy Hunt speaks during the launch of his campaign for the Conservative Party leadership, in London, Britain June 10, 2019. REUTERS/Simon DawsonLONDON (Reuters) - Jeremy Hunt, one of the leading candidates vying to succeed Prime Minister Theresa May, said he would leave the European Union without a deal but with a heavy heart and that he hoped the bloc would engage with a new British leader. “Our failure to deliver Brexit has put our country and our party in grave peril. The leadership I offer is based on one simple truth: without Brexit there will be no Conservative government and maybe no Conservative Party,”…

Continue Reading