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Facebook confirms data sharing with Chinese companies

Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on security concerns. The social media company said Huawei Technologies Co Ltd (HWT.UL), computer maker Lenovo Group , and smartphone makers OPPO and TCL Corp were among about 60 companies worldwide that received access to some user data after they signed contracts to re-create Facebook-like experiences for their users. Members of Congress raised concerns after The New York Times reported on the practice …read more […]

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Stormy Daniels Says Her Former Lawyer Colluded With Michael Cohen

Stephanie Clifford, the adult movie star professionally known as Stormy Daniels, said her former lawyer colluded with Donald Trump’s long-term attorney Michael Cohen in a bid to make her lie about her alleged tryst with Trump. Keith Davidson represented Clifford in 2016 when Cohen paid her $130,000 to keep quiet about a sexual encounter she says she had with Trump in 2006. Davidson and Cohen exchanged a series of messages in January to have Clifford appear on Sean Hannity’s show and have her refute a 2011 article In Touch Weekly published that month, describing her encounter with Trump, …read more […]

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U.S. lawmakers press Facebook over Chinese data sharing

WASHINGTON (Reuters) – Two key U.S. lawmakers on Wednesday rebuked Facebook Inc for not being more transparent over its data sharing after the social media giant said it had collaborated with at least four Chinese companies, including a smartphone maker that has raised U.S. security concerns.

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Wall Street climbs on easing trade worries

NEW YORK (Reuters) – Wall Street’s three major indexes added to gains late in Wednesday’s session as the S&P 500 and the Dow were boosted by financial and industrial stocks and ebbing trade-war fears while the Nasdaq was set for a fourth straight day of gains.

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Tesla shares rise as Musk says Model 3 set to hit target

The move overturned around a third of the impact of a rocky few months for Tesla, which has seen shares fall by a quarter from a peak last September as it battled with production delays and reports of a series of car crashes. Speaking at the company’s annual shareholder meeting on Tuesday, Musk offered teasers for upcoming projects, welling up when he spoke of the company’s vehicles being made “with love” and said his production lines have demonstrated the ability to make 3,500 Model 3 vehicles per week. Tesla’s future profitability hinges on ramping up output of the …read more […]