Category: Business

Samsung, After Combustible Galaxy Note 7, Unveils New Smartphone

Hoping to overcome a troubled year, the company revealed the Galaxy S8 smartphone with a large 5.8-inch screen and a virtual assistant, Bixby.

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F.D.A. Nominee Details Drug Industry Ties

Dr. Scott Gottlieb earned millions of dollars doing work recently in the private sector, including firms with ties to drug and health care companies.

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Twitter released three long overdue but actually awesome features for Periscope

"RIP Periscope," creators and analysts have been crying. Twitter's decision to introduce going live in its main app, release an API and increase the presence of the app throughout Twitter — let alone killing Vine — have caused them to foresee an end to Periscope. SEE ALSO: Twitter is adding pre-roll ads to Periscope as it warms up to profits Not so, apparently. Twitter announced Wednesday (amid the frenzy that is Samsung Galaxy S8's release) three new features on Periscope.  The first: Periscope videos can now play directly in Moments. You may say that's putting two dying properties together, and hey, maybe you're right. But for now, live videos from Periscope will improve Twitter Moments, which feature curated collections of tweets and videos.  Read more...More about Business, Tech, Apps And Software, Jack Dorsey, and Twitter Moments

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Entrepreneurship: Is It a Toy? Is It Art? Everyone Agrees It’s a Collectible

Consumer demand for so-called designer toys has helped invigorate sales in the overall toy industry.

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No Deal Between Kushners and Chinese Company Over Fifth Avenue Skyscraper

A $4-billion deal to invest in a Manhattan building owned by the family of Trump’s son-in-law has fallen apart.

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Congress Moves to Overturn Obama-Era Online Privacy Rules

Following the Senate, the House voted to dismantle rules requiring broadband providers to get permission before collecting data on a user’s online activity.

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Citing Misdeeds, U.S. Gives Wells Fargo Failing Grade on Lending

A regulator said it had found “an extensive and pervasive pattern” of “discriminatory and illegal credit practices across multiple lines of business.”

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Facebook Mirrors Snapchat (Again) With Stories Feature

It lets people share videos and photographs in the Facebook app that will disappear after 24 hours, similar to the Stories feature on Instagram, also owned by Facebook.

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5 Reasons Trump’s Promised Tax Overhaul Won’t Be So Easy

The president’s failure to push through broad health care overhaul has raised questions about the prospects of a sweeping rewrite of the tax code.

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Tencent of China Takes 5 Percent Stake in Tesla

The purchase came as the carmaker has sought to raise more cash before starting production of its Model 3, an electric vehicle targeting the mass market.

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