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Mark Zuckerberg distances Facebook from Twitter in Trump fight, says it’s stronger on free speech than other tech firms- Technology News, Firstpost
tech2 News StaffMay 29, 2020 09:58:45 IST Facebook Chief Executive Mark Zuckerberg took pains to distance his company from Twitter and its fight with US President Donald Trump on Thursday, as the White House moved to scrap a law protecting social media companies. Republican Trump, who accuses social media firms of bias against conservatives, without […] More
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in NEWS
Government Sources After US President’s Claim
A day earlier, the Trump offered to mediate between India and China. (File) New Delhi: Hours after US President Donald Trump said he had spoken to Prime Minister Narendra Modi and he “is not in a good mood on what is going on in China”, top government sources said there has been no recent contact […] More
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in BUSINESSWall Street is still in for a ‘rough ride’
CNBC’s Jim Cramer on Thursday recommended investors continue adding the remote work plays to their investment portfolios as the stocks pull back. “These stocks have been big winners since the bottom in March, and while many of them have fallen out of favor this week, I think that’s temporary,” the “Mad Money” host said after […] More
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in BUSINESS
Stock markets end day’s session in green: Sensex up over 500 points, Nifty nears 9,500; Zee Entertainment, Eicher Motors among top gainers
Continued value buying in leading banking stocks and shortcovering by market participants ahead of month derivatives expiry led the market to post strong rally for the second consecutive trading session. The strong trend in the US and European markets amid optimism of reopening of economies also supported market gains. #MarketAtClose | Market gains for 2nd […] More
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in BUSINESS
5 things to know before the stock market opens May 28, 2020
1. Dow set to add to two-session rally of nearly 1,100 points 2. U.S. and Chinese relations strain on numerous fronts Police stand guard on a road to deter pro-democracy protesters from blocking roads in the Mong Kok district of Hong Kong on May 27, 2020, as the citys legislature debates over a law that […] More
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Trump to Issue Executive Order In Wake of Twitter Fact-Checking His Tweets
File photo: US President Donald Trump (Image: Reuters) Twitter on Tuesday for the first time-tagged Trump’s tweets about unsubstantiated claims of fraud in mail-in voting with a warning prompting readers to fact check the posts. Reuters Last Updated: May 28, 2020, 11:14 AM IST U.S. President Donald Trump will sign an […] More
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in BUSINESS
Boeing cuts 12,000 jobs, resumes production of grounded 737 Max; reveals plans for more layoffs
Washington: Boeing is cutting more than 12,000 US jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. Shortly after disclosing the job cuts, Boeing announced Wednesday that it has resumed production of the grounded 737 Max jetliner. Two deadly crashes of Max […] More
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in BUSINESS
Sensex jumps over 300 points, Nifty close to 9,400; economy likely to contract 5% in FY21, says S&P
Stock market today LIVE Updates: Sensex jumps over 300 points, Nifty close to 9,400; economy likely to contract 5% in FY21, says S&P New York: Asian shares are likely to dip on Thursday after remarks by US Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under US law reignited worries […] More
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Donald Trump’s ‘Close Them Down’ Backlash After Twitter Fact Check is Also Dubious
File photo of US President, Donald Trump. President Trump’s new outburst, ironically on Twitter itself, may not be factually correct either, since it isn’t so easy to “close down” publicly traded billion-dollar companies. News18.com Last Updated: May 28, 2020, 5:50 AM IST US president Donald Trump has gained considerable infamy for […] More
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in BUSINESS
Wall Street rises with economic hopes; bank stocks jump
U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index leading gains among major sectors. The index rose nearly 10% over the […] More
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in BUSINESS
As U.S. coronavirus deaths cross 100,000, black Americans bear disproportionate share of fatalities
Medical staff move bodies from the Wyckoff Heights Medical Center to a refrigerated truck on April 2, 2020 in Brooklyn, New York. Angela Weiss | AFP | Getty Images Black Americans continue to make up a disproportionate share of Covid-19 fatalities as the number of deaths from the coronavirus pandemic exceeds 100,000 in the United States, […] More
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in BUSINESS
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming. One of the nation’s biggest manufacturers said Wednesday that it will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to […] More
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