LinkedIn will not be accessible in Russia as the State Government have asked to remove the app from the app stores. The decision was reached after a local court in Russia found LinkedIn to be in violation of their law requiring any service that collects data on Russian Citizens to house that data within Russia’s borders. As per the directions from the Russian government, Google and Apple have removed the access to the LinkedIn App.
Yahoo, one of the Internet's most venerable companies, won't exist for much longer. According to SEC paperwork filed on Monday, it will be rolled into a publicly-traded investment company called Altaba. Basically, Verizon is paying $4.8 billion solely for Yahoo's core internet business, leaving behind Yahoo's 15% of Chinese retail giant Alibaba and a part of Yahoo Japan, which is a joint venture with Softbank. Those assets will continue to exist in a separate company that will now operate under the catchy Altaba name.
Google and the Cuban government have struck a deal giving Cubans faster access to the Internet giant’s content, two people familiar with the agreement said on Friday, as AP reported today. Google is installing multiple servers in Cuba that will host much of the company's most popular content, the person said on condition of anonymity because the deal had not yet been made public. The agreement was being announced by Google chairman Eric Schmidt Monday morning in Havana.
The European Union has given Microsoft the green light over its $26 billion acquisition of LinkedIn, CNBC reports. As expected, the EU has put some conditions in the deal. As expected, the EU has put some conditions in the deal. The European Commission granted its approval on the condition that Microsoft allows rival professional networking sites to integrate its Office applications and cloud-computing services for the next five years. PC makers in the EU will also have the option of not installing LinkedIn's app, Microsoft said.
Netflix yesterday briefly became the number one top-grossing iOS app in the U.S. for the first time, holding at bay the likes of Spotify and Candy Crush Saga for most of Monday. The app also occupied the coveted top spot on iPhone in India, Mexico, and Colombia yesterday, as noted by app tracking company SensorTower, which offered a timeline leading up to the achievement in a blog post. The accomplishment comes approximately one year after Netflix introduced the ability for users to pay the monthly subscription fee as an in-app purchase. Between then and today, Netflix has grown its weekly net revenue from under $50,000 to nearly $2.9 million, its report says.
IWC Schaffhausen watches costing as much as $121,000 will go on sale at Mr Porter and Net-A-Porter on November 18, as the Swiss watchmaker tests whether online shoppers might help pull it out of an industry slump. IWC has never before partnered with an online-only luxury retailer; Net-A-Porter will launch with a curated selection of timepieces across the Pilot’s Watches and Portofino families.
Tesco said that around 20,000 customers had lost money as a result and another 20,000 have been identified as falling victim to ‘suspicious activity’. Over the weekend customers reported that money had gone missing from accounts with some complaining they could not get through on the phone to the bank, which has 7 million customers. The bank was earlier forced to block some customers’ cards after ‘suspicious activity’ was detected in its fraud prevention system.
Switzerland, Germany and Austria confirmed at the top of the rankings, according to Young Workers Index, research carried out by PwC, which since 2006 analyzes the level of employment, schooling and vocational training of young people between 15 and 24 years of the 35 OECD countries. In general, Europe is at the top of the rankings, as the leading trio is followed by Iceland, Norway and Denmark. Israel, Luxembourg and Germany have instead registered the best progress in the period 2006-2015, whereas Southern Europe, particularly Italy, Spain and Greece, are earnestly striving to recover after the financial crisis.
UBS and Amazon are teaming up to test a digital tool which could help investors to choose their financial strategy. The project is an endeavor by the UBS Wealth Innovation Lab in Zurich, led by Dave Bruno, the bank said in a statement on Thursday. "Amazon Alexa" will be the digital voice of "Amazon Echo", an hands-free speaker, and will answer over financial questions made by customers. The iniziative will be tested on November with a "select group", the bank didn't reveal other details.
Google, Facebook and telecom and undersea infrastructure developer TE SubCom and PLDC (Pacific Light Data Communication Co. Ltd.) are teaming up to build a 120 Terabits per second (Tbps) submarine cable that will connect Los Angeles with Hong Kong. The new 12,800 km cable, called the Pacific Light Cable Network (PLCN), will be the highest-capacity trans-Pacific cable yet. The companies did not say how much they will invest in the new ultra high-speed link.
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