Facebook Must Face Class Action Over Facial Recognition: US Judge

A US federal judge ruled on Monday that Facebook must face a class action lawsuit alleging that the social network unlawfully used a facial recognition process on photos without user permission. The ruling adds to the privacy woes that have been mounting against Facebook for weeks, since it was disclosed that the personal information of millions of users … Read more Facebook Must Face Class Action Over Facial Recognition: US Judge

Jio Phone Launch to Kickstart Action in Entry-Level Smartphones Segment: Research

With JioPhone pre-booking starting from August 24, the entry-level smartphone market would see a lot more action for few quarters from now onwards, a new report said on Thursday. According to CyberMedia Research (CMR), 61.8 million mobiles were shipped in the second quarter of 2017, of which 54 percent were feature phones, witnessing 9 percent sequential growth. “As … Read more Jio Phone Launch to Kickstart Action in Entry-Level Smartphones Segment: Research

Markets look for lots of action in President Trump’s first week

Donald Trump finally has the power of the presidency and markets are braced for lots of action. Expectations are high for a flurry of excitement and activity from Washington in the week ahead as President Trump gets to work. But markets probably will not yet get much in the way of clues on how quickly … Read more Markets look for lots of action in President Trump’s first week

Fed’s Bullard to Trump: Enough with pro-growth promises, the markets want action

The 10-year Treasury yield is settling down after a postelection pop, as the market looks to President-elect Donald Trump and Republicans in Congress to deliver on economic growth promises, St. Louis Federal Reserve President James Bullard told CNBC on Thursday. Appearing on “Squawk Box,” Bullard said there’s no need to dramatically increase rates right now. … Read more Fed’s Bullard to Trump: Enough with pro-growth promises, the markets want action