• Selloff sucks Europe back under after Asia sinks to 17-month low

    12 days ago - By Reuters

    European stocks were sucked back into the red on Tuesday, as a four-day global selloff took Asia to a 17-month low and left Wall Street on course to equal its longest losing streak of the year.
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  • The 3 killer lines in an internal memo that meant Google kept quiet about the huge Google+ data breach

    12 days ago - By Chron

    Getty
    Google exposed personal profile data of hundreds of thousands of Google+ users and then decided to not let people know, according to The Wall Street Journal.
    The Journal published excerpts from an explosive internal memo, in which Google's legal and policy staff advised the company's top executives to stay quiet about the issue.
    High among their concerns were Google being swept up in the Cambridge Analytica scandal, CEO Sundar Pichai having to give evidence to Congress, and coming under regulatory scrutiny.
    Google said it did not let people know because it did not have enough...
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  • The biggest clue that Google+ was long dead - Google's top executives stopped using it up to 3 years ago

    12 days ago - By Chron

    Denis Balibouse/Reuters
    Google announced it is shutting down Google+ for after The Wall Street Journal reported that it left users' data exposed.
    Some observers online were surprised to hear it still existed at all.
    You need only look at how Google's top executives have stopped using Google+ to see it was an unloved child.
    The tech world was rocked by another privacy scandal on Monday - this time on an unexpected platform.
    Google totally dominates many areas of our online lives, and Google+ was its attempt to break into social media. But it was seen as one of Google's biggest failures and...
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  • ExxonMobil Is Giving $1 Million to Conservative Carbon Tax Campaigners

    12 days ago - By Fortune

    ExxonMobil will spend $500,000 a year over the next two years to Americans for Carbon Dividends , a political action group led by former senators John Breaux and Trent Lott, the Wall Street Journal reports .
    The group advocates for a so-called carbon tax and dividend. The tax component would set a price on the carbon emissions. Bigger emitters would pay more. The dividend component would return the pot of money collected equally to American taxpayers, to avoid accusations of government money-grabbing.
    ExxonMobil, whose market capitalization is around $363 billion, has been lobbying the...
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  • This investment bank hires the most jocks out of college - and crushes the M&A league tables

    This investment bank hires the most jocks out of college - and crushes the M&A league tables

    12 days ago - By Business Insider

    Boutique investment bank Centerview Partners employs the highest percentage of former varsity athletes than any other firm across Wall Street, according to a report.
    Jocks may be drawn to Wall Street's competitive, eat-what-you-kill culture.
    It should come as little surprise that trading floors and banks are stocked with former athletes.
    After all, jocks may be drawn to Wall Street's competitive, eat-what-you-kill culture.
    But the firm that recruits the most college athletes last year is not a household name. It's a small investment bank called Centerview Partners, according to a new...
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  • Morning News Brief

    12 days ago - By NPR

    Trump blasts Democrats for trying to destroy Supreme Court Justice Brett Kavanaugh. The Wall Street Journal reports on a software glitch in Google+ that went unreported. Interpol's president resigns.
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  • Google Hid Data Breach For Months, 'Wall Street Journal' Reports

    12 days ago - By NPR

    David Greene talks to Douglas MacMillan of The Wall Street Journal about how Google exposed the private data of hundreds of thousands of Google+ users and then opted not to disclose the issue.
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