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SnapChat’s “Snap Map” Worries Parents Over Privacy
Snapchat has introduced Snap Map, its latest feature with some people very excited about it but others, such as parents, worried about how it will impact the privacy of their children. This new features allows users to see where all... More of this article »
Revenue at Oracle Exceeds Expectations Thanks to Cloud Demand
The push by Oracle Corp into the cloud computing arena has picked up momentum helping to spark a fourth consecutive quarter of increased revenue for the maker of software. The company, which established a record high at the close Wednesday... More of this article »
Lockheed Martin Could Manufacture Jets in India
Lockheed Martin says that one of the most commonly known fighter jets might soon be made in India. On Monday, Lockheed Martin said its F-16 classic aircraft will be made in the Asian country of India if the government there grants... More of this article »
Google Increases Measures Made to Remove Extremist Content
Google is set to implement additional measures that will help to identify and to remove violent extremist or terrorist content in YouTube its highly popular platform for video sharing, said the company late Sunday in one of its blog... More of this article »
McDonald’s Parting Ways with Olympic Games
McDonald’s will not be a sponsor any longer of the Olympic Games. The burger chain will end its affiliation of decades with the Olympic Games, cutting a deal shorts that it has in place that was set to run through at least 2020. McDonald’s... More of this article »
Walmart Acquiring Online Men’s Retailer Bonobos
Retail giant Walmart will acquire Bonobos the online men’s clothing retailer for a cash price of $310 million, showing that it continues to gobble up hip clothing brands as it tries to gain ground on Amazon. The acquisition is another... More of this article »
Shares of Snapchat Parent Fall to Opening Price of IPO
It appears the bears over Snap were right after all – at least for the time being. Shares of Snapchat’s parent, Snap Inc. were down close to 5% in Thursday trading, and reached the price of its initial public offering of $17 per... More of this article »
Federal Reserve Moves Interest Rates Higher
The U.S. Federal Reserved raised its short-term interest rates on Wednesday by one quarter of one percent. It’s the third increase in rates by the Fed since December of 2016. It is a strong sign that the U.S. central bank believes... More of this article »
British Inflation Moves Higher, Squeezing Consumers
Inflation in Britain jumped unexpectedly to its highest point in close to four years during May, putting a tighter squeeze on consumers. British consumers are also facing an additional worry of political uncertainty following the inconclusive... More of this article »