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Leading credit bureau agency Equifax, which in September 2017 was found to have misplaced the personal data of more than 143 million people, has been ordered to pay $671 million in class-action lawsuits. As part of the settlement, Equifax will be required to set up a $425 million fund, with the view of covering any…
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German automaker Volkswagen is betting big on artificial intelligence and autonomous vehicle technology. It is reportedly planning to invest in Argo AI, a Ford-backed venture which is valued at $7 billion. Volkswagen and Ford join hands Two of the biggest auto manufacturing companies, Volkswagen and Ford, are throwing their weight behind Argo AI. Valued at…
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While the White House is busy navigating through the ongoing trade tensions with China, top Wall Street banks are throwing billions of dollars at Chinese tech unicorns hoping for lucrative returns. China is the next tech hotspot Chinese companies are dominating the tech space while US-based highly valued startups like Uber are still losing money….
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A new Bankrate.com survey revealed that about 48% of millennials workers use the gig economy to earn extra income on the side. The trend is catching up quickly and moving beyond Uber and Lyft. Americans can’t get enough of gigs Bankrate.com’s study revealed insights into the mind of millennials (people under the age of 37)…
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A controversial feud between Vox writer and host Carlos Maza and Steven Crowder, a conservative YouTuber is making things difficult for YouTube. The video platform recently noted that homophobic harassment doesn’t violate its policies. YouTube’s formal response is a catastrophe Maza is the host of Vox’s video series Strikethrough who has routinely suffered mockery and…
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I have to be honest with you: when I think of a Tesla car my mind expands and my senses get heightened. Actually, it’s enough to read something about the company and I feel my interest growing! If you feel the same and you want to know more about the most interesting company of the…
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No conventional carmaker can deny it any longer. Tesla, Inc. is the leading runner in the race to dominate the electric car market. The space is intensifying rapidly as car producers GM, Nissan and Tesla admit electric cars are the future of road transportation. We see transportation a lot differently now, especially electric cars. The…
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On Monday, Netflix, Inc. reported impressive results for the second quarter, adding 5.2 million new subscribers versus 3.2 million expected by Wall Street analysts. Netflix’s shares rose more than 10% in after-hours trading on Monday, reaching an all-time high of over $178 per share. The video streaming giant reported $2.8 billion in revenue and a…
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Tesla Motors Inc now includes self-driving hardware and software on all of it’s EVs, and this has led several entrepreneurial owners to identify a huge revenue generating opportunity – collecting Uber fares while they relax at home. However, this won’t be possible as the company has decided that it won’t allow owners to use their cars for such…
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Apple iPhone 8 rumors and predictions are rampant these days. Some believe the iPhone 8 will be so revolutionary that it will turn the tech world upside down. It may not even be called an iPhone. Expectations are being set so high that Apple could have a hard time satisfying consumers. In any case, the next…
