Twitter and Facebook could be facing billions in fines (Cybersecurity)
October 8, 2019•23 words
Companies can be fined up to 4% of global annual revenues for breaching Europe’s data privacy rules.
Source: Investigation
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U.S. Stocks close in the Red (Market Trading)
October 7, 2019•90 words
Wall Street closed in the red on Monday, as US and Chinese trade officials launched a new round of talks on Monday aimed at resolving the trade war. Talks get underway a week before a scheduled hike in $250 billion US tariffs on Chinese goods and President trump warned that the climb to 30% from 25% will take effect if no progress is made. The Dow Jones lost 96 points or 0.4%. The S&P 500 shed 13 points or 0.5%. The Nasdaq retreated 26 points or 0.3%.
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Read postU.S. Stocks Slide on Trade Concerns (Market Trading)
October 8, 2019•83 words
Wall Street extended losses on Tuesday ahead of high-level trade talks later this week after the Trump administration blacklisted 28 Chinese firms, including eight tech companies, while Beijing pledged to take measures to protect its sovereign security. Meanwhile, Bloomberg reported that Washington wants to limit Chinese stocks within government pension funds. The Dow Jones slumped 320 points or 1.2%; the S&P 500 lost 40 points or 1.3%; and the Nasdaq retreated 110 points or 1.3% around 11:3...
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