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Ron Wyden will punish tech CEOs with imprisonment when companies have privacy scandals

Senator Ron Wyden, a Democrat from Oregon, issued a draft bill on Thursday that would allow the Federal Trade Commission to impose stricter penalties on technology companies that violate the user's privacy. The bill is called Consumer Data Protection Action. In that, Wyden proposes a national "Non-Track" database that allows US consumers to exclude from websites that store their personal …

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DowDuPont's Profit Declines on Higher Costs

DowDuPont said sales, general and administrative costs rose 49% in the last quarter while integration and separation costs rose 88%. Photo:                      Michael Nagle / Bloomberg News            Updated Nov. 1, 2018 7:26 a.m. ET      Net income at             DowDuPont              DWDP 8.23% fell in the third quarter as costs from operations and efforts to divide itself into three different …

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Jeep SUV sales surging, but Nissan, Ford car sales stop in October

CLOSE These warning signs should scare a hazard and ask you to leave the dealer without the new car. USA TODAY Interest on new cars was on average 6.2 percent in October 2018, according to Edmunds. (Photo: Thinkstock) Rising interest rates and higher prices begin to melt US auto sales. While the industry remains solidly profitable among a strong economy, …

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The New York Times is on track for 12 years high by revenue

President Donald Trump calls the "failing New York Times", but Thursday's third quarter results indicate the opposite. Shares in the New York Times Company NYT, + 6.14% gained 6.1% after the company beat earnings expectations in the third quarter and sent them significantly higher premarket and put them on track for a 12-year high. The profit for the last quarter …

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Google Employees Stage Walkouts over dealing with harassment

Employees at Google offices around the world held a wave of exits on Thursday to protest against the company's handling of sexual harassment. The outlets, which started in Asia and spread across continents, were scheduled for 11.00 in their time zones. Protests were expected throughout the day in Google offices in the United States. The backlash was promoted by an …

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Bank of England holds rates, keeps options open before Brexit

LONDON (Reuters) – The Bank of England kept interest rates steady on Thursday and hinted that slightly faster future rises in borrowing costs if Brexit goes smoothly, but warned all bets were off if next March brought a "disruptive" EU departure. The Bank of England is seen in the City of London August 7, 2013. The Bank of England broke …

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Spotify inventory decline of $ 1.35B in Q3 sales; MAUs up 28% to 191M with 87M paying users – TechCrunch

Spotify, the streaming music company announced earlier this year, presented quarterly results today, and while it continues to grow at a modest pace, it seems to be about meeting analysts expectations in terms of economy and continues therefore to fight the public markets. The company announced that it generated € 1,352 billion in revenue for the quarter ending in September. …

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