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Millennials will advance in their careers, achieve peak income, accumulate stronger purchasing power, which will increase their influence in the consumer marketplace. Companies that can adapt to millennials' spending preferences will be able to thrive and profit.
Microsoft president Brad Smith is calling on the federal government to step in and pass laws to prevent the abuse of facial recognition technologies.
New Netflix streaming numbers from 7Park Data reveals Netflix might be well prepared to do well even as Disney and Fox pull their shows and movies.
Jonathan Tepper and Denise Hearn argue in their new book, The Myth of Capitalism , that investors Warren Buffett and Peter Thiel hate competition and love monopolies.
Apple (AAPL) has struck a deal to make its Apple Music service available on Amazon’s (AMZN) Echo smart speakers. Apple Music is expected to arrive on the Echo device on December 17.
If I were making a short list, I would put on it hiring more moderators to do the terrible, laborious work of actively sniffing out hoaxes, election-related tampering and calls to violence on Facebook, WhatsApp, Instagram and other Facebook-owned hangouts. It might not hurt to increase investment on cybersecurity to do more to prevent foreign governments from using Facebook as a tool for propaganda or to prevent thieves from taking advantage of Facebook software loopholes to compromise accounts of tens of millions of people. Facebook could spend even more on policy wonks to shape and prepare for more heavy-handed regulation of tech companies. To be clear, Facebook is already spending billions of dollars on these important priorities, along with many other things as it grows more expensive to be Facebook.
The cloud is ever-changing, and sorting out the winners and losers in the cloud can be like, well, predicting the weather.
In 2007 and 2008, many optimistic pronouncements by current National Economic Council Director Larry Kudlow turned out to be disastrously wrong. In the great Bitcoin bubble of late 2017, the honor goes to John McAfee, founder of computer security company McAfee LLC, and passionate cryptocurrency evangelist. Does that mean Bitcoin is dead?
The rupee was down 0.7 percent as of 2.30 p.m. in Mumbai, while yields on 10-year sovereign bonds fell 8 basis points. Patel’s RBI had been at loggerheads with the government for weeks, fending off pressure to ease lending restrictions and transfer more of its excess capital to the state.
Elsewhere on Tuesday, -- Strategic philanthropy. -- What a Green New Deal could look like. -- Recovering Madoff money. More from the Financial Times Further reading Further reading Further reading Further ...
is cutting 3,500 jobs worldwide, as the world’s biggest advertising business struggles against competition from digital disrupters including Google and Facebook. Ahead of an event where he will update investors on a strategy overhaul at the business, WPP chief executive Mark Read told Reuters there would be gross job losses of 3,500, although the business would also add 1,000 jobs in key areas. The advertising group, which owns multiple well-known agencies including Ogilvy and J. Walter Thompson, will also combine 100 of its offices in order to close in some locations where business is slow.
A humiliated Theresa May will embark on a tour of European capitals on Tuesday to plead for a better Brexit deal, after the British prime minister was forced at the eleventh hour to abort a crunch House of Commons vote on her plan. Mrs May admitted she was facing defeat by a “significant margin” in the vote scheduled for Tuesday, but there were ominous signs from Brussels that the EU was not going to cut her an improved deal. Donald Tusk, European Council president, said the EU was “ready to discuss how to facilitate the UK ratification,” but warned there could be no renegotiation of the Brexit deal or the controversial Irish backstop.