iPhone sales will ‘suffer’ if Trump targets China, officials warn

iPhone sales will ‘suffer’ if Trump targets China, officials warn

As the world watches to see how President-elect Donald Trump handles his newfound responsibilities, China’s state-run press has readied something of a warning: Start a trade war with the country and American companies could suffer. “China will take a tit-for-tat approach” if Trump were to declare China a currency manipulator, as he claimed he could do, the Global Times wrote in a column. “US auto and iPhone sales in China will suffer a setback, and…

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Yahoo admits some employees knew of massive hack in 2014

Yahoo admits some employees knew of massive hack in 2014

As any investigator can tell you, it’s not just what you knew, but when you knew it. On Wednesday, Yahoo admitted that not long after a hack in 2014 some of its employees were aware a state-sponsored hacker had breached its network. The revelation is sure to cast a larger shadow over Verizon’s $4.8 billion deal to acquire the company. Yahoo said in September that an investigation in August had uncovered the theft of personal…

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Facebook buys black market passwords to keep your account safe

Facebook buys black market passwords to keep your account safe

  For a data-saturated company of its size and scope, Facebook has markedly managed to avoid the kind of security scandals, breaches and hacks that have affected many other major web companies. Take a closer look, and you’ll see why. Though on the surface all seems calm, below the waves the social network is kicking its legs frantically and working around the clock to keep users’ accounts safe. Keeping Facebook safe and keeping it secure…

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Obama, the nerd in chief, unveils $300 million for science

Obama, the nerd in chief, unveils $300 million for science

  President Barack Obama wants to cement his legacy as the technology president. Obama, a self-proclaimed Trekkie, has used the final months of his presidency to double down on technology, and what it means for the future of the nation and the world. At an event Thursday, the president unveiled more than $300 million in federal and private money earmarked for supporting science and technology. The total includes $165 million for smart city initiatives, like…

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Samsung tells users: Turn off your Galaxy Note 7 phone NOW

Samsung tells users: Turn off your Galaxy Note 7 phone NOW

Samsung issued an alert to customers on Monday, asking users to immediately turn off their Galaxy Note 7 smartphones — which have been spontaneously catching fire.   The unprecedented move comes one day after Samsung halted production of the dangerously glitchy devices. In a corporate statement, Samsung said it will also “ask all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note 7” while it investigates the cause of the…

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BMW’s Concept X2 is a look at our dystopian, all-crossover future

BMW’s Concept X2 is a look at our dystopian, all-crossover future

BMW’s Concept X2 brings the styling of a coupe to the body of a crossover, which is something the market really loves for some reason. This isn’t the first swoopy-coupe crossover from BMW. The X2, debuting at the Paris Motor Show, is the latest in a long line that started with the X6, then it downsized to the X4. Even BMW admits the X2 is a wacky thing in its press release: “The design…fuses apparent…

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Wal-Mart in Talks to Invest Up to $1 Billion in Flipkart

Wal-Mart in Talks to Invest Up to $1 Billion in Flipkart

Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter. Wal-Mart, the world’s largest retailer, would take a minority stake in Flipkart under the proposed agreement, the person said, asking not to be identified because the matter is private. Final terms of the deal have not been worked…

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NASA to launch another spacecraft

NASA to launch another spacecraft

Next month Nasa will launch a spacecraft on its journey towards an asteroid, where it will collect and return samples that experts believe may hold the building blocks of life. Nasa’s OSRIS-REx spacecraft will travel for two years to reach Bennu, and plans to return to Earth in 2023. Fitted with sensors, the craft will map out the surface of the asteroid in order to address basic questions about the composition of the very early…

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