Unilever to drop terms like ‘whitening’ from beauty products
By Kelly Consumer products giant Unilever said Thursday it is aiming for a “more inclusive vision of beauty” in its skin care products and will remove words such as “fair,” …
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Amazon to buy self-driving technology startup Zoox
By Amenda Amazon has agreed to buy California-based self-driving startup Zoox in a deal reported to be worth more than $1 billion that gives it options to use autonomous technology …
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TikTok caught spying on in-app keystrokes thanks to new iPhone feature
By Vega A new security feature in iOS 14 has caught TikTok spying on millions of its users. The popular social media platform was caught red-handed copying text from a …
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Amazon signs lease for NYC’s biggest-ever warehouse
By Vega Amazon has signed a lease for a 1-million-square-foot warehouse in Queens, its biggest-ever in New York City, according to a report. The deal will see Amazon knock down …
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Johnson & Johnson damages cut in half in talcum powder cancer suit
By Alen A Missouri appeals court on Tuesday reduced a damages award against Johnson & Johnson to about $2.12 billion from $4.69 billion in a case brought by 22 women …
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Google’s ad revenue expected to drop for first time in 12 years
By Vega Google’s advertising business is experiencing a major slowdown due to the coronavirus-battered travel industry. The search giant will see its ad revenue drop for the first time in …
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China to ramp up farm goods purchases after Hawaii summit with Pompeo
By Manskar China will speed up its purchases of American farm goods under its trade deal with the US following a summit between the two countries, a new report says. …
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Wirecard CEO quits amid allegations of fraud over missing $2B
By Elisa Wirecard’s chief executive quit on Friday as the German payments firm’s search for $2.1 billion of missing cash hit a dead end in the Philippines and it scrambled …
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Carnival loses $4.4 billion as coronavirus sinks cruise industry
By Jenni Carnival reported a record $4.4 billion in quarterly losses on Thursday, as the COVID-19 pandemic crippled the world’s biggest cruise operator and forced it to take major write-downs …
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Chinese manufacturer charged with selling over 140,000 fake ‘KN95’ masks
By Manskar A Chinese manufacturer shipped thousands of “adulterated and misbranded” respirator masks to the US in the middle of the coronavirus pandemic, federal prosecutors said. The feds accused Crawford …
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Ex-Bumble Bee CEO gets 3 years for tuna price-fixing scheme
By Lapin Now he’ll be the one spending time in the can. The former CEO of Bumble Bee Foods on Tuesday was sentenced to more than three years in federal …
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Google bans ZeroHedge for ‘racist’ posts, gives The Federalist a warning
By Vega Tech giant Google has barred ZeroHedge from its lucrative ad platform and threatened to boot The Federalist after finding “racist” content on their pages related to the Black Lives …
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South Korea holds emergency meeting amid Kim Jong Un’s sister’s threats
By Jackie South Korea called a emergency security meeting Sunday after the sister of North Korean leader Kim Jong Un threatened military action against the neighboring country. Kim Yo Jong, …
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Facebook ‘peddling in an addictive drug called anger’: Steve Jobs adviser
By Vega A former adviser to Steve Jobs has joined the Facebook pile-on, accusing the social networking giant of failing to better police incendiary posts and misinformation because that keeps its …
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China’s Tencent reveals 5 percent stake in Warner Music
By Alexandra China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut …
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Reddit taps Y Combinator’s Michael Seibel to replace Alexis Ohanian
By Manskar Reddit tapped Y Combinator boss Michael Seibel to join the company’s board Wednesday after co-founder Alexis Ohanian stepped down to make way for a black person. The shakeup …
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Tesla is now more valuable than Toyota as stock tops $1,000
By Vega Tesla’s stock surged above $1,000 on Wednesday — propelling the Elon Musk-led auto company above Toyota to become the world’s valuable automaker. Shares of the electric car marker, …
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Jeff Bezos would now be worth $200 billion if he hadn’t divorced
By Vega Jeff Bezos would have become the world’s first $200 billion man on Monday — if not for that pesky divorce last year. The world’s richest man saw his …
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AstraZeneca eyes potential merger with Gilead Sciences
By Manskar AstraZeneca has approached Gilead Sciences about a massive merger that would combine two companies leading the pharmaceutical industry’s battle against the coronavirus, a report says. The British drugmaker …
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Apple reportedly offers coronavirus tests to returning employees
By Vega Apple is reportedly offering coronavirus tests to employees at its Bay Area campus as they begin to return to the office after months of working from home. In …
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