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  • Campaign advisor: Response to Obama’s endorsement of Macron has been positive 14 Hours Ago | 02:01In its statement on Friday, En Marche! “The seriousness of this event is certain and we shall not tolerate that the vital interests of democracy be put at risk,” it added. Comments about the email dump began to appear on Friday evening just hours before the official ban on campaigning began. Former economy minister Macron’s team has already complained about attempts to hack it systems during a fraug
    Macron campaign says it is the victim of massive, coordinated hacking campaign

  • “Warren and I are on the opposite sides of that trade,” Forrest said during CNBC’s “Closing Bell” on Friday. “I came from the world of software and I think I know what IBM is about.” The Fort Pitt Capital Group senior equity analyst said she understands Buffett to be someone who focuses on a company’s financials. After IBM posted first-quarter earnings in April, which missed revenue expectations, the stock tumbled 5 percent in extended trading. “It’s always alarming when a very large and very pu
    Analyst says she disagrees with Warren Buffett on IBM

  • “The best thing I can do is lead by example,” said Draper, on his plan to participate in Tezos ‘ token offering. I think Tezos is one of those tokens.” Tezos is similar to bitcoin and other blockchain platforms, but its design allows for decentralized and automated upgrades. Arthur Breitman had worked at the high frequency trading desk at Goldman Sachs and was an options market maker at Morgan Stanley, while Kathleen Breitman is a former management associate at Bridgewater Associates, the world’
    Billionaire bitcoin enthusiast Tim Draper is backing a new cryptocurrency for the first time

  • Facebook will roll out its first long-form video shows in June, according to a new report in Business Insider, part of a push to build a stable of original video programming on which it can sell more ads. The company will have roughly two dozen shows of two types: shorter ones of five-to-10 minutes in length and others similar to traditional TV entertainment. Facebook executives have said previously they plan to create an “ecosystem” of professionally produced video content to augment the user-g
    Facebook plans to launch its own TV-like shows in June, says report

  • Right now, only construction workers are allowed close. One of them told me May 24 will be a big day, when Amazon will open up the south sphere to insert a large plant. Only two palms are there currently, several construction workers said. They appear to be on the second floor or so.
    The first trees have arrived in the giant glass spheres Amazon is building

  • Big investors are losing patience with IBM chief Ginni Rometty, who remains one of the highest-paid CEOs in not just the tech industry, but among all S&P 500 companies, despite IBM’s relatively poor performance under her lead. At IBM’s annual meeting last week, shareholders agreed with a proposal to increase her salary more than 60 percent to $33 million. Yet, Rometty remains one of the highest paid CEOs in not just the tech industry, but among all S&P 500 companies. Rometty has presided over 20
    Some IBM shareholders are losing patience with Rometty's big salary

  • Many of those lawsuits are pending in St. Louis, where the J&J has faced four prior trials, three of which resulted in $197 million verdicts against J&J and a talc supplier. Slemp claimed she developed cancer after four decades of using talc-containing products produced by J&J, including J&J’s Baby Powder and Shower to Shower Powder. The jury awarded $5.4 million in compensatory damages and said J&J was 99 percent at fault while Imerys was just 1 percent. It awarded punitive damages of $105 mill
    Johnson & Johnson ordered to pay $110 million in US talc-powder trial

  • Unsurprisingly, the viability of an entrepreneur’s idea was important, but most VCs said they placed a greater emphasis on the founder’s personality, and on his team. Taizo Son, the brother of SoftBank CEO Masayoshi Son, is the founder of Mistletoe, a venture firm that also is partly an accelerator and incubator. As a seasoned investor into startups, including the successful southeast Asian company Garena, Son said he preferred backing founders over business ideas. It’s about execution and the p
    Here's what investors, VCs look for when investing in startups

  • Razer, the U.S. gaming hardware company, earlier this year acquired smartphone-maker Nextbit, but on Thursday, its chief executive officer was tight-lipped about plans to move into the mobile space. Speaking to CNBC at the sideline of the Innovfest Unbound conference in Singapore, Razer co-founder and CEO, Min-Liang Tan, underscored the importance of the mobile platform to the company, and the gaming industry. “The mobile category is incredibly important to Razer,” he said. While he was mum on m
    Razer tight-lipped on plans for mobile after Nextbit buy

  • In Wednesday’s debate, Mr Macron accused Ms Le Pen of being “subject to the diktats of Mr Putin”. These links have been cemented by complex financial arrangements and overwhelmingly positive coverage of Ms Le Pen in the Russian state-backed media. For the Russian leader, a victory for Ms Le Pen would offer an opportunity to sow dissent in the west. These ties have become so close that Ms Le Pen met Mr Putin in a surprise visit to Moscow in March. Florian Philippot, Ms Le Pen’s deputy, said the m
    Putin awaits return on Le Pen investment

  • U.S. President Donald Trump’s protectionist rhetoric has spurred a lot of hand-wringing about trade, but some emerging market exporters aren’t too concerned. But he added, “So far we have not seen any real policies that were issued that would really indicate a level of increased protectionism.” Lopez, speaking on the sidelines of the 2017 Asian Development Bank meeting in Japan, said he expected leaders to be swayed by economic logic. “They know any move in that direction of protectionism can on
    Some developing nations are shrugging off Trump’s trade threats

  • Greenpeace climbers unfurled a banner emblazoned with the French republican slogan “Liberty, Equality Fraternity” and the word “Resist” on the Eiffel Tower in Paris on Friday, a message urging people to vote against far-right candidate Marine Le Pen in Sunday’s presidential election. “We wanted to say we are against the rise of nationalism and authoritarianism in France and in other countries. Le Pen faces off against centrist Emmanuel Macron in the May 7 ballot. Macron is tipped in polls to win
    Greenpeace unfurls anti-Le Pen 'resist' banner on Eiffel Tower

  • Family members of three victims of the December 2015 shooting rampage in San Bernardino, California, have sued Facebook, Google and Twitter, claiming that the companies permitted Islamic State to flourish on social media. The relatives assert that by allowing Islamic State militants to spread propaganda freely on social media, the three companies provided “material support” to the group and enabled attacks such as the one in San Bernardino. “For years defendants have knowingly and recklessly pro
    Facebook, Google, Twitter sued by families of San Bernardino shooting

  • Humans need to colonize another planet within 100 years or face the threat of extinction, high-profile physicist Stephen Hawking has warned. In a new BBC documentary called “Stephen Hawking: Expedition New Earth” set to air later this year, the professor will “present his predictions that the human race only has 100 years before we need to colonize another planet,” a press release from earlier this week said. “With climate change, overdue asteroid strikes, epidemics and population growth, our ow
    Stephen Hawking says humans must colonize another planet in 100 years or face extinction

  • The findings of CNBC’s second-quarter poll reflect continued concern over the supply picture and OPEC’s efforts to re-balance the market. Brent crude will likely average $54.55 a barrel in the April to June period, little changed from the first-quarter average of $54.57 a barrel. Price forecasts for the second-quarter ranged from as low as $45 to as high as $63 a barrel. Turning back that tide of supply isn’t “realistically feasible” in six months, Tchilinguirian said, citing year-on-year produc
    OPEC in driver’s seat as ‘Fast and Furious’ oil stock draw eludes

  • Our live blog is tracking market reaction as Brent goes below $45 per barrel and WTI goes below $44 for the first time since November. We’ll bring you the latest analysis below.
    Live: Oil prices slide on fears supply glut can't be stopped

  • European markets opened lower Friday as lower oil prices continue to weigh on stocks. The FTSE 100 started the day 0.25 percent lower at 7,229; the DAX opened 0.22 percent lower at 12,616; and the CAC 40 was down 0.36 percent at 5,352. Crude oil prices have dropped to their lowest levels in six months, a day after Shell posted an annual profit uptick of over 130 percent. Prosecutors in Paris opened an investigation into election hacking Thursday after Macron filed complaints over online rumours
    European markets open lower; euro near six-month highs, oil slumps

  • While most people are catching on to the appeal of 529 plans, which offer tax-advantaged investments to pay for qualified education expenses, many still overlook a number of benefits these accounts provide. “This is the best way to save for a child or grandchild’s education, period, end of sentence,” said Young Boozer, chairman of the College Savings Plans Network and state treasurer of Alabama. As the cost of higher education continues to skyrocket, 529 plans can be a lifeline for parents and g
    10 hidden benefits of 529 plans

  • “You can make a case to get back into that reflation trade,” Link said as stock in the industrial materials and financial sectors fall to lower levels. Following the election, the aforementioned Trump trade sectors all saw constant share price increases until the beginning of March, but now “those stocks are actually quite cheap,” Link said. “The U.S. has a lot of optimism and hope and a lot of the soft data looks good, but the hard data has been getting weaker,” Duran said. “What you are seeing
    Trump trades are making a comeback, analyst says

  • The Republican bill to repeal and replace major parts of Obamacare drew 217 “yes” votes in the House, and 213 “no” votes on Thursday. All 193 Democrats voting on the American Health Care Act opposed it. They were joined by 20 Republicans. Click here to see how your member of Congress voted.
    Look at how your representative voted on the Republican Obamacare replacement bill

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