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French police question parents, friend of Paris attacker

Investigators are following the trail of a 20-year-old Frenchman born in Chechnya who rampaged through a festive Paris neighborhood slashing passers-by with a knife, raising anew the specter of terrorism in France after less than two months of calm. Using a knife, the man identified as Khamzat Azimov killed one person and wounded four others in a festive area near Paris’ old opera house. Less than 24 hours later, investigators were questioning three people — his parents and a friend. …read more […]

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Xerox says it is ending Fujifilm deal, settles with Icahn, Deason

Xerox Corp said on Sunday it was ending a planned $6.1 billion (£4.5 billion) deal with Fujifilm Holdings Corp and had reached a settlement with activist investors Carl Icahn and Darwin Deason. The company said Chief Executive Officer Jeff Jacobson had resigned and that John Visentin was expected to be the new CEO. Xerox also replaced five directors as part of a board reshuffle. …read more […]

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THE ANDROID MESSAGING EVOLUTION: How Google is responding to messaging app dominance (GOOG, GOOGL)

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. The communications market is in the midst of an all-out war. …read more […]

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Steve Wynn’s Bad Luck With Picasso Goes On With $70 Million Work

Steve Wynn’s plan to sell a Picasso valued at $70 million at auction this week was derailed after the painting was damaged Friday — a dozen years after the billionaire collector and former casino magnate put his elbow through another masterpiece by the artist. Christie’s withdrew “Le Marin,” a self-portrait painted in 1943, from its auction this Tuesday for restoration, it said in a statement. A spokesman for Wynn couldn’t immediately be reached for comment. …read more […]

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In concession, Trump will help China’s ZTE ‘get back into business’

U.S. President Donald Trump said on Sunday he will help Chinese technology company ZTE Corp “get back into business, fast,” after being crippled by a U.S. ban, a concession to Beijing ahead of high-stakes trade talks this week. ZTE suspended its main operations after the U.S. Commerce Department banned American companies from selling to the firm for seven years as punishment for ZTE breaking an agreement reached after it was caught illegally shipping U.S. goods to Iran. Trump’s instructions to the Commerce Department, stated in a tweet, come as Chinese and U.S. officials prepare for talks in …read more […]

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Bolton – U.S. sanctions ‘possible’ on European firms over Iran

White House National Security adviser John Bolton on Sunday said U.S. sanctions on European companies that do business with Iran were “possible, but Secretary of State Mike Pompeo said he remained hopeful Washington and its allies could strike a new nuclear deal with Tehran. U.S. President Donald Trump on May 8 announced that the United States was withdrawing from a 2015 deal negotiated by the Obama administration. …read more […]