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Day: February 1, 2019

Amazon Sales Outlook Disappoints After Record Holiday Quarter

Amazon on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, dimming the online retailer’s report of record holiday season profit. Shares of the company fell 1.7 percent to $1,690 after the bell. Amazon posted a 63 percent jump in net income […]

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Facebook and Twitter Removed Hundreds of Accounts Linked to Iran, Russia and Venezuela

Facebook and Twitter both announced on Thursday they had taken down hundreds of accounts believed to have been part of coordinated influence operations from Iran, Russia and Venezuela. Facebook removed 783 pages, groups and accounts that it said posed as local actors in countries across Europe, the Middle East and south Asia and shared content […]

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Nintendo’s Quarterly Profit Rises on Hit Switch Games

Nintendo, the Japanese video game maker behind the Super Mario and Pokemon franchises, reported Thursday that its fiscal third quarter profit jumped 25 percent, boosted by the popularity of games for its Switch console. Nintendo Co.’s October-December profit totaled 104.2 billion yen ($956 million), up from 83.7 billion yen a year earlier. Quarterly sales totaled […]

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Drones Help Galapagos Tackle Rat Infestation

Drones are helping conservationists rid one Galapagos island of an infestation of rats threatening indigenous birds. The drones have dropped poison on more than half of North Seymour Island in a bid to kill off the invasive species. The island’s rare birds nest on the ground and their numbers are being depleted by the rodent […]

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Amazon and Walmart Are About to Take a Big Hit in India

India is the world’s biggest emerging digital economy, and Silicon Valley’s top companies have invested huge sums to cash in on it. Now new regulations are threatening their business. E-commerce restrictions due to go into effect Friday will prevent global retailers such as Amazon and Walmart from using their deep pockets and massive scale to […]

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Jeff Bezos’ Blue Origin Signs Launch Deal with Canada’s Telesat

Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thursday. The contract adds an important customer to Blue Origin’s manifest as Bezos’ space venture works to grab a share […]

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Russian Hackers ‘Stole Mueller Inquiry Evidence’

Russian hackers stole and then misrepresented evidence connected to the continuing prosecution of Russian companies accused of leading a propaganda campaign to influence the 2016 US election, a court has heard. Twitter user @HackingRedstone had broken into a Russian server in October, the court heard. And they had then posted a link to an online […]

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Facebook Users Continue to Grow Despite Privacy Scandals

The number of Facebook users has continued to rise despite a series of data privacy scandals and criticism over its attempt to stem toxic content. The social media giant said the number of people who logged into its site at least once a month jumped 9% last year to 2.32 billion people. Fears the firm’s […]

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Facebook Adviser Criticises ‘Lax’ Child Checks

One of Facebook’s independent child safety advisers has criticised the firm over a scheme that gave it access to teenagers’ highly personal information, without taking more effort to verify their parents had given permission. Facebook said participating teens had provided signed parental consent forms. But tests by the BBC and others suggested youngsters could easily […]

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