Facebook’s rhetoric on misinformation doesn’t match its actions

Should these InfoWars videos be allowed on Facebook? Facebook has said it finds claims that survivors of a violent tragedy are actually actors duping the public to be « abhorrent. » The company has said that content with such claims violates its community standards, and has pledged to remove such posts. But when contacted by CNN over the last week about two InfoWars videos on Facebook which strongly suggest survivors of the Parkland shooting were acting, the company chose to leave the videos online. The videos feature InfoWars founder Alex…

Taylor Swift cast in movie version of ‘Cats’: Hollywood reports

LOS ANGELES (Reuters) – Taylor Swift has been cast in a big screen version of the stage musical “Cats,” in what will be the pop singer’s biggest movie role so far, entertainment publications Variety and the Hollywood Reporter said on Friday. Singer Taylor Swift performs during her reputation stadium tour at Wembley Stadium in London, Britain June 22, 2018. REUTERS/Simon Dawson The 28-year-old “Look What You Made Me Do” singer will join Oscar-winning singer and actress Jennifer Hudson, talk show host James Corden and veteran British actor Ian McKellen in…

The classic car industry could be hurt by tariffs, too

Bentley ‘Le Mans Sport ‘ was a Jazz Age speed demon Higher tariffs on cars and parts could sideswipe the collector car industry. More than 20 million cars are classified as « collector cars » in the United States, according to Hagerty Insurance, a company that insures them. More than $1.5 billion worth of collectable vehicles are sold at auction each year, but that represents only a tiny slice of the trade. About 95% of collector car sales are not at auctions. The cars themselves cover a vast price range,…

Extradite accused killer of Chilean singer Victor Jara, daughter pleads

SANTIAGO (Reuters) – The daughter of popular Chilean folk singer Victor Jara has urged the Chilean government to act quicker to push for the extradition from the United States of the man found liable for the 1973 murder of her father. A man plays a guitar with an image of Victor Jara (top) during « Mil guitarras para Victor Jara » (One thousand guitars to Victor Jara) music concert in Santiago, September 24, 2016. REUTERS/Ivan Alvarado Amanda Jara was eight years old when her father, Victor Jara, a celebrated singer,…

Trump and the U.S. dollar: Actions speak louder than words

NEW YORK (Reuters) – U.S. President Donald Trump may not be happy about the strength of the U.S. dollar, but the greenback’s recent rally may partly be a product of his own making. FILE PHOTO: Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico, January 15, 2018. REUTERS/Jose Luis Gonzalez/File PhotoThe U.S. dollar has been climbing against major currencies for several months, with the dollar index .DXY up nearly 7.0 percent over the last three months and on Thursday hit a one…

Tourist boat capsizes in storm, killing 17 in Missouri

(Reuters) – Divers on Friday pulled the last bodies from the wreckage of a “duck boat” that sank a day earlier during a storm in a lake near a popular Missouri destination, killing 17 people in one of the deadliest U.S. tourist incidents in years. The World War Two-style amphibious vehicle was filled with 31 passengers including children when a microburst storm hit Table Rock Lake outside Branson, Missouri. A video of the incident showed it battered by waves. Duck boats have been involved in a string of deadly incidents…

Elon Musk, Google’s DeepMind co-founders promise never to make killer robots

Tesla and SpaceX billionaire Elon Musk and all three of the co-founders of Google’s DeepMind are among the thousands of individuals and almost 200 organizations who have publicly committed not to develop, manufacture or use killer robots. “We the undersigned agree that the decision to take a human life should never be delegated to a machine,” reads the pledge published Wednesday and organized by the Boston nonprofit Future of Life, an organization that researches the benefits and risks of artificial intelligence along with other existential issues related to advancing technology.…

Microsoft will be a trillion-dollar company, say analysts

Analysts are beginning to think that Microsoft is close to being worth $1 trillion, given the company’s latest earnings results. Microsoft might not be the first company to the trillion-dollar mark — Apple on Friday afternoon had a $943.7 billion market cap, more than $100 billion ahead of Microsoft’s $821.4 billion market cap, and Amazon and Alphabet are both ahead of Microsoft as well. But the company’s valuation has grown considerably in the past four and a half years under Satya Nadella. Following the release of the company’s fiscal fourth-quarter…

Waymo’s self-driving cars log 1 million miles on public roads in a month

Waymo, the Alphabet self-driving car company that was spun out of Google, is picking up speed. The company’s autonomous vehicles just drove 8 million miles on public roads. What’s more, it took the company just one month to go from 7 million miles to 8 million miles driven. “We’re driving now at the rate of 25,000 miles every day on public roads,” CEO John Krafcik said Friday while addressing the National Governor’s Association. Waymo’s acceleration in logging miles with self-driving cars has picked up in the last year. In November…

Top VC deals this week: Atlassian co-founder bets on self-driving cars, actor Will Smith into VC

Here’s a roundup of the most important deals in venture capital in the last week. Zoox recently raised $500 million from investors to fulfill its ambitious vision of building an electric self-driving car from the ground-up, Bloomberg reports. The start-up is taking on giants from the technology and automotive worlds, like Alphabet, GM and Tesla, and hopes to launch its cars and a ride-hailing service in 2020. The round was led by Atlassian co-founder and CEO Mike Cannon-Brookes. Agriculture-tech company Indigo Agriculture, a 2018 CNBC Disruptor 50 company, is aiming…

Waymo’s autonomous cars have driven 8 million miles on public roads

Waymo, the self-driving unit of Google parent company Alphabet, has hit another milestone: 8 million miles driven on public roads. That translates into roughly 25,000 miles driven every day, which is light-years ahead of the company’s competitors and is the result of Google’s very early investment in self-driving technology. The news was delivered by the company’s CEO John Krafcik on Friday at the National Governors Association in Santa Fe, New Mexico, in an interview with Nevada Gov. Brian Sandoval. Last November, Waymo announced it had driven 4 million miles on…

How to hear (and delete) every conversation your Google Home has recorded

With an increasing number of households buying into virtual assistants like Google Home and Amazon Alexa, it’s important to keep in mind that these devices are designed to listen. This includes recording and learning the tone of your voice and improving voice recognition and features for the virtual assistant. It’s supposed to be a feature and not a bug, but it’s landed Amazon’s Echo speakers in hot water after they spontaneously erupted in laughter. Amazon claimed the affected Echo speakers were triggered by false positive commands. If you’re an Alexa…

‘Breaking Bad’ creator teases crossover with ‘Better Call Saul’

SAN DIEGO (Reuters) – The casts of television shows “Breaking Bad” and its spinoff “Better Call Saul” united at the annual Comic-Con festival in San Diego ahead of what producers teased as a screen crossover for some characters later this year. FILE PHOTO: Executive producer Vince Gilligan poses at the premiere for season 3 of the television series « Better Call Saul » in Culver City, California U.S., March 28, 2017. REUTERS/Mario Anzuoni Stars Bryan Cranston, who played teacher turned drug kingpin Walter White in the Emmy-winning “Breaking Bad,” on…

Elon Musk crossed a line, analyst says

Musk’s tweets distract from his mission, says tech analyst The world needs to see the real Elon Musk. « The public perception of Elon Musk more recently is he is thin-skinned and short-tempered, » said tech analyst Gene Munster in an interview with Christine Romans on CNN on Friday. Munster penned an open letter to Musk asking him to take a break from Twitter. « That’s not who Elon Musk is. » Munster told Romans. « It’s important that the world sees what we think is the real Elon Musk.…

DuckDuckGo slams Google following EU antitrust decision

In the wake of the European Union fining Google a record $5 billion for anti-competitive behavior with its Android products, rival search engine DuckDuckGo claims that the company’s antitrust issues don’t stop there. The allegation came in a series of tweets from the DuckDuckGo Twitter account as a response to the fine. In them, the search engine claims that the company’s “anti-competitive search behavior isn’t limited to Android,” but it also exists in other products, like the Chrome browser as well. “Every time we update our Chrome browser extension, all…

Here’s how to use Amazon’s iPhone app to find parts for things around your house

If you’re the type of person who spends weekends fixing and repairing things around the house, you know what it’s like when you’re missing a couple screws that are critical to getting a job done. Amazon’s iPhone app has a feature called « Part Finder, » which TechCruch has just covered, that lets you take a picture of the item you need and then search for it on the site. Maybe you have an old chair with rusted screws that you’d like to refinish, for example. Or maybe you accidentally…

Michel Barnier questions Theresa May’s Brexit White Paper

Michel Barnier has said Theresa May’s plan for a future trade relationship with the EU could weaken the single market and create burdens for business. The EU Brexit negotiator said the White Paper opened « the way to a constructive discussion » but must be « workable ». He questioned whether plans for a common rulebook for goods and agri-foods were practical. Earlier, Theresa May urged the EU to « evolve » its position on Brexit and not fall back on unworkable proposals. Mrs May is hoping the White Paper…

Trump ‘ready’ to tax all Chinese imports

US President Donald Trump says he is ready to intensify his trade war with China by slapping tariffs on all $500bn of imports from the country. « I’m ready to go to 500, » he said in an interview with the CNBC channel. Mr Trump’s comments come before the most recent round of US tariffs has had time to take effect. Last week, Washington listed $200bn (£150bn) worth of additional Chinese products it intends to place tariffs on as soon as September. The list named more than 6,000 items including…

Baby in Birmingham car-jacking ordeal reunited with mum

A mother was run over as she « battled » to stop car-jackers driving off with her four-week-old baby. Clare O’Neill, 39, said the two men who stole her Audi « clearly knew » daughter Eliza was in the back seat when they fled the scene in Birmingham. The pair had, Ms O’Neill said, put their « personal greed » before the life of her baby girl. Mum and daughter were reunited after Eliza was found in her car seat, dumped at a health centre three miles away. Ms O’Neill…

Biker jailed after filming himself riding at 189mph

A motorcyclist who filmed himself doing wheelies and riding at 189mph (304km/ph) has been jailed for 21 months. Adam Campion, 26, pleaded guilty to five counts of dangerous driving at Nottingham Crown Court. When police raided his home in Hucknall, Nottinghamshire, they found hundreds of videos and images of motorcycles being ridden dangerously, including one video that showed Campion driving one-handed and filming his speed with his mobile phone. Source: BBC

Custody for ‘Columbine’ plot schoolboys

Two teenage boys who plotted a Columbine-style shooting at a school have been detained. The boys, both 15, planned to shoot and kill pupils and teachers at the school in Northallerton, North Yorkshire. One of the boys was handed a 12-year custodial sentence while his co-defendant was given 10 years. The teenagers, who were 14 at the time, were found guilty of conspiracy to murder following a trial at Leeds Crown Court in May. Jurors heard they were motivated by their « worship » of Eric Harris and Dylan Klebold,…

Power outage at GE

GE changed our lives. Why was it kicked out of the Dow? General Electric is transforming itself for the future, but the iconic company is still dogged by major problems from the past in its power division. Profit at GE Power plunged 58% during the second quarter as orders for gas turbines tumbled, GE (GE) said on Friday. The slump at GE Power, the company’s largest division by revenue, underscores the challenges facing GE even as the company breaks itself apart by selling off its rail, health care, light bulb…

JP Morgan predicts Tesla shares will plunge more than 40% before the end of the year

Tesla shares will fall dramatically the rest of this year due to its high valuation and rising competition, according to J.P. Morgan. The firm reaffirmed its underweight rating for Tesla shares, saying other automakers may price their electric cars aggressively. Tesla has a « highly differentiated business model, appealing product portfolio, and leading-edge technology, which we believe are more than offset by above-average execution risk and valuation that seems to be pricing in a lot, » analyst Ryan Brinkman said in a note to clients Friday. « We have highlighted…

Three top cybersecurity officials are reportedly leaving the FBI

Three top cybersecurity officials at the FBI are stepping down, The Wall Street Journal reported, citing people familiar with the matter. The departures come at a particularly sensitive time for cybersecurity concerns in the U.S. as special counsel Robert Mueller investigates Russian interference in the 2016 election and top intelligence officials warn of continued Kremlin attempts to attack the American election system. The Journal reported that David Resch, a cybersecurity head in the agency’s division that handles investigating financial crime and organized crime; Scott Smith, assistant FBI director and head…

Why UBS cloned an economist

Daniel Kalt appears in a private client meeting room at a branch of UBS, overlooking Lake Zurich. The Swiss bank’s regional chief economist and chief investment officer turns to look at me. I recognize his chiseled features, his slight smile and short hair, turning grey at the sides. But something is not right. Mr. Kalt looks a little pale. As he breathes, his head and shoulders move up and down, as if he is floating. This is not the real Mr. Kalt. It is a computer-cloned image on a wall…

US court OKs speedy appeal of AT&T-Time Warner tie-up

A federal appeals court on Thursday approved the U.S. Justice Department’s request for an expedited schedule for an appeal of a judge’s ruling that allowed AT&T to buy content provider Time Warner. The department said last Thursday that it would appeal a federal judge’s approval of the $85.4 billion acquisition. The court approved the Justice Department request that legal briefs must be completed by Oct. 18, with oral arguments « as soon as practicable. » That would be a significantly faster-than-normal timetable for an appeals court to hear a case.…

Trump escalates his war with the Fed

President Donald Trump has escalated his highly unusual battle with the Federal Reserve. He tweeted early Friday that higher interest rates are taking away America’s competitive edge with China. The Federal Reserve was constructed to be an independent financial institution, free from the whims of politics. The Fed is raising rates to keep inflation in check and to prevent the economy from overheating. Higher rates, however, strengthen the dollar against the world’s currencies, which makes the United States a more expensive — and potentially less attractive — place to invest.…

Trump threatens tariffs on all $500 billion of Chinese imports: CNBC

WASHINGTON (Reuters) – President Donald Trump said he was ready to impose tariffs on all $500 billion of goods the U.S. imports from China, remarks that sent financial markets retreating and threatened to escalate a trade clash with the Asian giant. FILE PHOTO: U.S. President Donald Trump participates in a cabinet meeting at the White House in Washington, U.S., July 18, 2018. REUTERS/Leah Millis“We’re down a tremendous amount,” Trump said in an interview about trade imbalances with China on CNBC broadcast on Friday. “I’m ready to go to 500.” Around…

GE beats diminished profit expectations, trims cash flow target

(Reuters) – U.S. industrial conglomerate General Electric Co reported a smaller-than-expected drop in quarterly profit on Friday as weakness in power and renewables energy offset gains in its aviation, oil and gas and healthcare units. FILE PHOTO: The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016. REUTERS/Stephane Mahe/File Photo GE cut its annual cash target to $6 billion from a range of $6 billion to $7 billion, but affirmed its…

Google’s Loon to bring 4G to remote areas of Kenya – via balloon

Alphabet’s Loon is to bring 4G internet access to parts of Kenya using high-altitude balloons, it was announced Thursday. The pilot scheme is to be Loon’s first commercial service in Africa, achieved through working with Telkom Kenya, a partly-state owned telecommunications firm. “With this association with Loon, we will be partnering with a pioneer in the use of high-altitude balloons to provide LTE (4G) coverage across larger areas in Kenya,” said Aldo Mareuse, Telkom Kenya’s chief executive, in a press release. Loon’s balloons operate 20 kilometers (60,000 feet) above sea…