Markets

Facebook stored passwords in plain text for hundreds of millions of users

Facebook stored passwords in plain text for hundreds of millions of users

Facebook stored up to 600 million user passwords in a readable plain text format for years, which meant they could have been easily read by thousands of its employees. Should you believe that, co...

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OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

The IEA said OPEC+ production was 0.24 mbd above the target of 44.3 mbd, with overall compliance with reduction targets at 80 percent. Iraq is committed to OPEC oil output cuts . 2 million bpd, ...

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Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

Really, this was Musk's thinking. Tesla revealed the Model Y small crossover at its Southern California offices late Thursday night. And the assembled crowd of maybe one or two thousand admi...

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Facebook, Instagram down? Instagram back up, users reporting issues with Facebook

Facebook, Instagram down? Instagram back up, users reporting issues with Facebook

Facebook , the world's largest social network, had to turn to its rival Twitter to explain that its group of hugely popular apps were having difficulties. The hashtag #FacebookDown and #InstagramD...

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Infiniti's killing off the QX30, and pulling out of Western Europe

Infiniti's killing off the QX30, and pulling out of Western Europe

Infiniti will continue its operations as usual in Eastern Europe. Product-wise, the company will focus on selling SUVs especially in North America, but will also launch five new cars on the Chinese...

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Tesla to raise prices after March 18

Tesla to raise prices after March 18

The company will evaluate the performance of approximately 20% store locations over the next few months before determining if they should remain open or close. Tesla has finally launched the $35,000 ...

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Tesla launches Supercharger V3 with '1000mi/hr' charge rate

Tesla launches Supercharger V3 with '1000mi/hr' charge rate

It's called the V3 Supercharger , and it can support up to 250kW per auto, from a cabinet that's rated at 1MW. Volkswagen is helming a similar effort in the USA and VW brand Porsche, starting sales...

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China cuts taxes, sees 'tough struggle' as growth slows

China cuts taxes, sees 'tough struggle' as growth slows

China's benchmark, the Shanghai Composite Index, gained about 0.9%; Japan's Nikkei fell 0.4%; and the Hang Seng in Hong Kong was flat. Proposed tax cuts of up to 2 trillion yuan ($300 billio...

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Missing Telugu-origin dentist found murdered in Australia

Missing Telugu-origin dentist found murdered in Australia

Hurstville Dental & Physio Centre manager Dave Vagadia told news.com.au that Dr Reddy worked at the surgery as a dentist for about five months until March 2018. The New South Wales police said inves...

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Chinese telecoms giant Huawei sues U.S. over ban

Chinese telecoms giant Huawei sues U.S. over ban

Huawei Technologies Co.is waging a legal and public relations battle on a growing number of fronts. "Huawei has an excellent security record and program.No contrary evidence has been offered". The two...

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UK PM Theresa May Promises £1.6B ‘Bribe’ For Brexit-Supporting Communities

UK PM Theresa May Promises £1.6B ‘Bribe’ For Brexit-Supporting Communities

Britain is due to leave the bloc on March 29. The backstop is the main objection raised by pro-Brexit British lawmakers who voted against Mrs May's deal, including the main Northern Irish unionist...

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Trump targets India and Turkey in trade crackdown

Trump targets India and Turkey in trade crackdown

The US will also end Turkey's preferential trade status, saying it no longer qualifies. The US goods and services trade deficit with India was $27.3bn in 2017, the US Trade Representative's Office...

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Amazon friction rises in Virginia as Cuomo woos Bezos to return

Amazon friction rises in Virginia as Cuomo woos Bezos to return

Mr. Cuomo said Thursday: 'I've had many conversations with Amazon. The report about Cuomo's last-ditch phone calls to Bezos - as well as the open letter signed by elected officials, union bosses...

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Trump To Delay March 1 China Tariffs Amid Trade Talks

Trump To Delay March 1 China Tariffs Amid Trade Talks

Negotiators of the two sides have achieved substantial progress on specific issues in the Feb. 21-24 talks in Washington , the seventh round since February previous year, covering technology transfer...

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Tesla unveils $35,000 standard Model 3, shifts worldwide sales to online-only

Tesla unveils $35,000 standard Model 3, shifts worldwide sales to online-only

Tesla has been gradually releasing cheaper versions of the Model 3 over the previous year, but it has never been able to bring the price down to $35,000 - the mass market price that they have been ...

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Victoria's Secret owner plans store closures in U.S., Canada

Victoria's Secret owner plans store closures in U.S., Canada

A spokesperson for the US -based lingerie brand's parent company declined to tell The Canadian Press which locations will be shuttered in Canada, but says they are part of a plan to slash 53 stores wo...

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'Extremely dangerous': Pakistan claims it shot down 2 Indian planes, captured pilot

'Extremely dangerous': Pakistan claims it shot down 2 Indian planes, captured pilot

India launched an air strike on what it said was a militant training base on Tuesday, its first inside Pakistan since a 1971 war, after at least 40 Indian paramilitary police died in a February ...

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US businesses in China see gloomy year ahead

US businesses in China see gloomy year ahead

Trump tweeted on Sunday that he would be delaying an increase in tariffs on Chinese goods, promising a Mar-a-Lago summit with China's President Xi Jinping . "Our members are hopeful that the uncert...

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Man Bought $540 in Girl Scout Cookies so Girls Could Escape Cold

Man Bought $540 in Girl Scout Cookies so Girls Could Escape Cold

He spent $540 on cookies, she said. In total, the man spent $540 on Girl Scout cookies. Dillard said she does not know the good Samaritan. A day after a man went viral on social media for his ...

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183 passengers stuck on OR train for 36 hours

183 passengers stuck on OR train for 36 hours

Authorities are racing the clock to free almost 200 passengers who have been stuck on an Amtrak train in OR for two days. A train heading from Seattle, Washington to Los Angeles, California has been...

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