Amazon acquires start-up Health Navigator, its first health-related purchase since PillPack

The front desk of the Amazon office is pictured in New York, May 1, 2019.Carlo Allegri | ReutersAmazon has just made its second acquisition in the health-care space, snapping up a start-up called Health Navigator, which provides technology and services to digital health companies.Amazon confirmed the acquisition to CNBC, and said that Health Navigator will join the company’s Amazon Care group, which launched in September. Amazon Care is designed to serve as a medical benefit for employees and helps provide care virtually, through a video visit, and with home visits…

AOC grills Zuckerberg over Facebook allowing lies in political ads

Rep. Alexandria Ocasio-Cortez, D-New York, questioned Facebook CEO Mark Zuckerberg about his company’s complex policies involving false information in political advertisements during a congressional hearing on Wednesday.Earlier this month, Facebook said it would allow politicians to run advertisements on its social networks even if they include false information, but this week, the company said that it would not allow anyone to run any content that could cause voter suppression.Ocasio-Cortez used her time during the hearing to emphasize the complexity and confusing nature of Facebook’s new policies. »Could I pay to…

‘There are lives at stake’: PG&E criticized over blackouts to prevent California wildfires

PG&E workers work to repair power lines in the Coffey Park neighborhood following the damage caused by the Tubbs Fire on October 13, 2017 in Santa Rosa, California.Getty ImagesCalifornia’s largest utility is under severe scrutiny by state regulators and customers overs its rolling blackouts that have left millions of people without power.Just two weeks after a massive power shut-off that the company acknowledged it mishandled, Pacific Gas & Electric announced on Wednesday that it will cut electricity to 179,000 customers in California in the face of a new wildfire threat. Southern…

Tesla is slated to report Q3 2019 earnings after the bell

Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Tesla Model Y crossover electric vehicle in Hawthorne, California, U.S., on Friday, March 15, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesTesla reports Q3 2019 earnings after the bell on Wednesday, and Wall Street is expecting a 7% decline in revenue since last quarter. But analysts are keeping a watchful eye on the auto maker’s progress with a new factory in China, currently the world’s largest market for battery-powered electric vehicles, and with…

Essex lorry deaths: Work starts to identify 39 bodies

Media playback is unsupported on your device Police have begun the process of trying to identify 39 bodies found in a refrigerated lorry trailer in Essex. The trailer arrived in Purfleet on the River Thames from Zeebrugge, Belgium, at about 00:30 BST. Ambulance staff discovered the bodies in the unit just over an hour later at Waterglade Industrial Park in Grays. The lorry driver, named locally as Mo Robinson, 25, from Portadown, County Armagh, Northern Ireland, is being questioned by police. Deputy Chief Constable of Essex Police Pippa Mills said…

Turkey Syria offensive: Trump lifts Turkey sanctions after deal

Media playback is unsupported on your device The US is lifting sanctions imposed on Turkey nine days ago over its offensive against Kurdish fighters in northern Syria, President Donald Trump says. His decision came after Russia agreed with Turkey to deploy troops to extend a ceasefire along the Syrian border. Turkey’s assault began after Mr Trump’s unexpected move to withdraw US troops from northern Syria earlier this month. « Let someone else fight over this long bloodstained sand, » the president said in a TV address from the White House.…

Scientist gets £2m decades after he invented diabetes test

A scientist has been awarded £2m compensation by the UK’s highest court for his invention of pioneering technology to test blood sugar levels nearly 40 years ago. Professor Ian Shanks developed the system, used by many diabetics, while working for Unilever in the 1980s. The rights to his invention belonged to the company and until now he was not entitled to a share of the benefits. Prof Shanks said he was relieved by the result, after a 13-year legal battle. While working for a subsidiary of multinational giant Unilever in…

Google claims ‘quantum supremacy’ for computer

Google says an advanced computer has achieved « quantum supremacy » for the first time, surpassing the performance of conventional devices. The technology giant’s Sycamore quantum processor was able to perform a specific task in 200 seconds that would take the world’s best supercomputers 10,000 years to complete. Scientists have been working on quantum computers for decades because they promise much faster speeds. The result appears in Nature journal. In classical computers, the unit of information is called a « bit » and can have a value of either 1…

EU keeps UK waiting on Brexit delay, Johnson gears for an election

BRUSSELS (Reuters) – EU member states on Wednesday delayed a decision on whether to grant Britain a three-month Brexit extension, while Prime Minister Boris Johnson said if the deadline is deferred to the end of January he would call an election by Christmas. Britain appears closer than ever to resolving its 3-1/2-year Brexit conundrum, after Johnson clinched a deal with the European Union on the terms of its exit last week and secured an early signal of support for it from parliament. But there are still hurdles to clear, and…

Second Brexit referendum would keep Britain in EU: Virgin’s Branson

LOD, Israel (Reuters) – British billionaire Richard Branson backed a second Brexit referendum on Wednesday in the belief that Britons would reverse a decision to leave the European Union. Virgin’s Richard Branson kisses the ground as he lands at the Ben Gurion international airport near Tel Aviv, Israel, October 23, 2019 REUTERS/Amir Cohen A second referendum could be possible if Prime Minister Boris Johnson fails to win support for his new Brexit divorce deal. Brexit “has done enormous damage to companies, to jobs and money (consumers have) in their pockets,…

Conde Nast CEO says Facebook and Google are valued partners, but they need to be regulated

Conde Nast CEO Roger Lynch called for stricter regulation of Facebook and Google due to their dominance in the digital advertising space. He also called the companies valuable partners in content distribution, underscoring the dilemma for many digital content production companies. »Facebook’s certainly a competitor for us through the ownership of Instagram, and a partner, » Lynch said in an interview with CNBC’s Julia Boorstin on Wednesday. « People are still reading our magazines at a high level. What they’re doing, in addition, is engaging with our brands across all…

Google promises another Pixel 4 software update, this time for the screen’s refresh rate

Every major phone launch has a “-gate”: a drama about some problem or worry with the hardware. With the Pixel 4, there are several: the battery may be too small, the face unlock works with your eyes closed, and now the conditions at which the screen will refresh at 90Hz and when it will ratchet down to 60Hz are pretty confusing. Google calls the feature “Smooth display,” but its reception has been anything but smooth in the past 24 hours. Google previously said it adjusts the refresh rate depending on…

As IBM and Google disagree on quantum computing achievement, applications are still years away

Google CEO Sundar Pichai stands with a quantum computer a Google laboratory in Santa Barbara, CaliforniaGoogleAlphabet subsidiary Google on Wednesday touted a breakthrough in computing research that’s documented in the latest issue of the journal Nature. The paper was actually released online by accident last month by the U.S. National Aeronautics and Space Administration, which contributed on the research alongside Google, and was quickly removed. Now the full paper is live.There’s just one problem: IBM thinks Google has overstated its achievement. The controversy is the latest example of major technology companies…

Mark Zuckerberg grilled over Facebook’s spotty track record on diversity

Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019.Bill Clark | CQ-Roll Call, Inc. | Getty ImagesFacebook CEO Mark Zuckerberg has talked a lot about civil rights this week. But when Rep. Joyce Beatty, D-Ohio, asked him for details during a congressional hearing on Wednesday, Zuckerberg did not have many answers.Beatty, who is the chair of the Financial Services Diversity and…

WeWork’s new chairman says job cuts are coming in internal memo

The morning after being installed as WeWork’s new chairman, Marcelo Claure told employees in a company-wide email that they should expect layoffs as a result of the deal reached with SoftBank.On Tuesday, SoftBank struck an agreement to take control of WeWork, providing $5 billion in new funding, announcing a tender offer worth up to $3 billion and speeding up a $1.5 billion financing commitment. As a result, SoftBank will control approximately 80% of WeWork and Claure, SoftBank’s chief operating officer, will replace former WeWork CEO Adam Neumann as its executive chairman.Claure…

Apple’s TV service will grow like crazy and be a $9 billion business by 2025, Morgan Stanley says

Tim Cook announces « See » with Jason Mamoa at Apple’s launch event.Source: AppleGrowth in Apple’s services business will hit 20% next year, boosted by its new Apple TV+ streaming service, Morgan Stanley analyst Katy Huberty predicted in a note distributed on Tuesday.Apple TV+ is a streaming service that is launching in November and will cost $4.99 per month for access to a variety of original TV shows and movies bankrolled by Apple. Apple will bundle a free year of the service with the purchase of a new product such…

Google just launched a handful of clever apps to help you spend less time on your phone

How would you feel if your phone’s wallpaper displayed a running tally of the number of times you unlock your device every day? Ashamed? Indifferent? If you’ve got an Android phone, Google is now giving you that option — plus other new initiatives that are part of the company’s ongoing Digital Wellbeing effort. As noted by Android Police, Google has released several new Digital Wellbeing “experiments” in the Play Store. The one I mentioned above is called Unlock Clock. “Unlock Clock helps you consider your tech usage, by counting and…

Zuckerberg: Facebook ‘would be forced to leave’ Libra if it moves forward before regulators approve

Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC.Chip Somodevilla | Getty ImagesFacebook could be forced to abandon its own cryptocurrency project if the newly created group steering it decides to move forward without regulatory approval, CEO Mark Zuckerberg said Wednesday during his testiomony at a House Financial Services hearing. »Facebook will not be part of launching the libra payments system anywhere in the world until US regulators approve, » Zuckerberg…

Giuliani associates accused of funneling money to pro-Trump group plead not guilty

FILE PHOTO: U.S. President Trump’s personal lawyer Rudy Giuliani has coffee with Ukrainian-American businessman Lev Parnas at the Trump International Hotel in Washington, U.S. September 20, 2019. REUTERS/Aram Roston/File PhotoNEW YORK (Reuters) – Two foreign-born Florida businessmen who helped President Donald Trump’s personal lawyer Rudy Giuliani investigate political rival Joe Biden pleaded not guilty on Wednesday to illegally funneling money to a pro-Trump election committee and other politicians. Ukraine-born Lev Parnas and Belarus-born Igor Fruman entered their not guilty pleas to federal campaign finance charges before U.S. District Judge Paul…

British police find 39 bodies in truck, arrest driver

GRAYS, England (Reuters) – British police found the bodies of 39 people inside a truck at an industrial estate near London on Wednesday and said they had arrested the driver on suspicion of murder. The discovery of the bodies – 38 adults and one teenager – was made in the early hours after emergency services were alerted to people in a truck container on an industrial site in Grays, about 20 miles (32 km) east of central London. Police said the trailer had arrived at nearby docks having traveled from…

ServiceNow shares, down as much as 15% after hours on CEO change, dramatically cut those losses

Shares of ServiceNow dropped 5% at Wednesday’s open on Wall Street. While still a sizable decline, the stock had been down as much as 15% in after-hours trading Tuesday after the enterprise software company said its CEO, John Donahoe, was leaving to become chief executive of Nike.Donahoe, already a Nike board member, will succeed longtime Nike CEO Mark Parker. Nike said late Tuesday that Parker will step down, effective in January of next year. Donahoe, chairman of PayPal, was formerly CEO of eBay.For its part, California-based ServiceNow announced that Bill McDermott,…

Android 9 was installed on less than a quarter of the ecosystem as Android 10 launched

Google is announcing that last year’s version of Android, Android 9, accounted for 22.6 percent of the ecosystem as of this past August. That’s more than twice as good as the update rate from Android 7 to 8 was the year before, but it’s still abysmally low compared to the update rates on the iPhone — less than a month after launch, iOS 13 now accounts for half of all iPhones. By comparison, fewer than a quarter of Android users had even made it to the previous version of the…

Google’s Pixel 4 is $100 off on Amazon — again

Google’s Pixel 4 doesn’t come out until Thursday, October 24th, but it’s already discounted by $100 on Amazon — again. You can buy the 64GB Pixel 4 in “just black” right now for $699.99. The Pixel 4 is a pretty solid phone, so the deal is a nice way to save a good amount of money on Google’s latest flagship. It also makes the Pixel 4 the same price as Apple’s 64GB iPhone 11, instead of costing more. If you read this Verge post yesterday, you could have bought a…

Mercedes-Benz’s tiny car brand bets on China after failing in US

Mercedes-Benz’s struggling city car brand is betting a move to China will keep it alive. The Smart car brand co-founded by the German automaker and Swiss watch company Swatch in the mid-1990s has struggled in recent years, beset by high labor costs, the notoriously low margins on small economy cars and markets that have increasingly favored sport utility vehicles and crossovers over compact cars. When it was first brought to the U.S. in 2008 by dealership mogul Roger Penske, the smart car promised tiny, fuel efficient transportation for young urban…

Tesla’s latest battle to win over Wall Street skeptics on the company’s outlook

Zach Kirkhorn may not be Austin Powers, but to Wall Street, Tesla’s new 34-year-old chief financial officer is still a man of mystery. Tesla’s shares faced immediate pressure on the day Tesla announced he had taken over the job held by his predecessor, Deepak Ahuja. The stock quickly recovered, but it would keep falling through the first half of 2019 as the world’s largest maker of electric cars had to address its balance-sheet challenges. Wednesday’s third-quarter earnings report may offer clues to how Tesla can juggle the competing objectives of…

Watch Facebook CEO Mark Zuckerberg testify before the House Financial Services Committee on libra

.embedPlayer_container iframe{width:100%} @media screen and (max-width: 640px){ .embedPlayer_container iframe { height: -webkit-calc(100vw * 9/16); height: -moz-calc(100vw * 9/16); height: calc(100vw * 9/16); } } [embedded content] Facebook CEO Mark Zuckerberg will appear before the House Financial Services Committee Wednesday to discuss his company’s plans for its new cryptocurrency Libra.Zuckerberg’s testimony follows the July congressional hearing of David Marcus, the executive in charge of Facebook’s libra project, in which lawmakers said they were disappointed with his vague answers.Zuckerberg will spend much of his time discussing Facebook’s civil rights plans, diversity record…

Your first trade for Wednesday, October 23

The « Fast Money » traders shared their first moves for the market open. Dan Nathan was a seller of the VanEck Vectors Semiconductor ETF. Karen Finerman was a seller of Bank of America. Steve Grasso was a buyer of Snapchat.  Guy Adami was a buyer of Schlumberger. Disclosure Trader disclosure: Dan is Long TLT Dec call spread. XLP Nov put spread. SMH Nov put spread. Karen Finerman’s firm is long ANTM, C, CBS, CPRI, FB, FDX, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, HD, JPM, LYV, REZI, RRGB, SPY puts, SPY…

London’s world-famous black cabs go green with launch of a fully electric vehicle

Matt Fowler A fully electric version of London’s iconic black cab was launched Wednesday. The zero-emission vehicle, called the Dynamo Taxi, is based on the Nissan e-NV200 Evalia. It has a range of as much as 187 miles on a single charge, can carry a maximum of five passengers and is wheelchair accessible. London’s connection to fully electric cabs dates back to 1897, when a vehicle called the Bersey made its debut. Powered by motors, the Bersey had a range of 30 miles and its top speed was 9 miles…

Already a star, singer King Princess releases debut album

LONDON (Reuters) – Twenty-year-old singer-songwriter King Princess releases one of pop music’s most hotly anticipated debut albums on Friday, “Cheap Queen”, more than a year after she shot to stardom with a single name-checked by Harry Styles and Kourtney Kardashian. FILE PHOTO: 2018 MTV Video Music Awards – Arrivals – Radio City Music Hall, New York, U.S., August 20, 2018. – King Princess. REUTERS/Andrew Kelly/File PhotoThe buzz around the Brooklyn-born singer, whose full name is Mikaela Straus, has built since her single “1950”, inspired by “The Price of Salt”, the…

Russia warns Syrian Kurdish YPG to pull back as its forces move in

MOSCOW/ANKARA (Reuters) – Russian military police arrived in the strategic Syrian city of Kobani on Wednesday as Moscow warned Kurdish YPG forces that they face further armed conflict with Turkey if they fail to withdraw from Syria’s entire northeastern border. Russian President Vladimir Putin and Turkish President Tayyip Erdogan attend a news conference following their talks in Sochi, Russia October 22, 2019. Sputnik/Alexei Druzhinin/Kremlin via REUTERS Russia’s warning came a day after it struck an accord with Turkey calling for the complete pullout of the YPG fighters, which were once…