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Top Business Technology News

Facebook Q1 2019 Results Shows Increasing User Base, a $2.43 Billion Profit, but Low EPS Due to Potential FTC Fine

WCCF Tech:
In Facebook’s Q1 2019 earnings report, the social media giant recorded some very strong numbers, albeit all of those might be ...

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The Washington Post
Facebook sets aside billions of dollars for a potential FTC fine

Business Insider
The $5 billion fine Facebook expects to pay the FTC is a joke — on all of us (FB)

CNBC
Facebook jumps as Stories users and ads show promising growth

Aditional sources ...

Facebook earnings stained by possible $5 billion FTC fine; stock skyrockets anyway
24 hours ago \| Fast Company
Facebook is taking a $3 billion charge as a contingency against a possible fine by the Federal Trade
1 day ago \| Washington Times More: BBC News Government borrowing lowest for 17 years - 19 hours ago The New York Times Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues - 19 hours ago

2 major European mergers just collapsed — Deutsche Bank-Commerzbank talks flopped and Walmart's $9 billion UK supermarket deal was blocked
	Business Insider \| Comments More: CNBC Banking mergers within one country usually a bad idea, academic says Reuters German bank body: Deutsche Bank/Commerzbank merger wouldn't make commercial sense BBC News Sainsbury's-Asda merger 'would have harmed competition'. Aditional sources ...

[Update: Ban Lifted] Google removes TikTok from Play Store in India after government and judiciary’s directive
	XDA Developers \| Comments More: The Verge TikTok is no longer banned in India Reuters Indian court moves to lift ban on Chinese video app TikTok Engadget India lifts ban on TikTok Aditional sources ...

Microsoft joins $1 trillion market cap club
	CNET \| Comments More: CNBC Microsoft hits $1 trillion market cap for the first time as stock jumps on earnings beat The Verge Microsoft is now a $1 trillion company 9 to 5 Mac Microsoft becomes trillion dollar company, while AAPL remains below the threshold [U] Aditional sources ...

The Switch has now outsold the N64, but Nintendo sees growth slowing
	Tech Crunch \| Comments More: Reuters Nintendo cautious on Switch China launch timeline, dampens low-cost console talk Engadget Nintendo has 'no plans' to reveal a new Switch at E3 this year Variety Nintendo Isn’t Planning On Showing Off New Switch Hardware At E3 Aditional sources ...

[Update: The iFixit version] Galaxy Fold teardown is all hinges, ribbon cables, and screens ready to break if you look at them wrong
	Android Police \| Comments More: CNET Galaxy Fold teardown reveals potential reasons for screen failures Tech Crunch Samsung Galaxy Fold teardown reveals ‘alarmingly fragile’ display Engadget IFixit: Samsung's Galaxy Fold is 'alarmingly fragile' Aditional sources ...

Japanese court approves release for detained Nissan ex-chair Carlos Ghosn on 500 million yen, or $4.5 million, bail
	News OK \| Comments More: Reuters In bail reprise, Ghosn leaves Tokyo jail, agrees to limit contact with wife The Guardian Carlos Ghosn granted $4.5m bail with rules on seeing wife The Financial Express Japan court grants $4.5m bail to ex-Nissan chief Carlos Ghosn Aditional sources ...

Verizon names 20 more 5G cities, starts preorders for $1,300 Galaxy S10 5G
	The Verge \| Comments More: Reuters Verizon opens pre-orders for Samsung 5G phone, adds 20 more cities Engadget Samsung's Galaxy S10 5G is available for pre-order at Verizon Channel NewsAsia Verizon opens pre-orders for Samsung 5G phone, adds 20 more cities Aditional sources ...

Wall Street edges lower, energy stocks fall
	Reuters \| Comments More: CNBC Facebook investors brace for an update from Zuckerberg on the company's planned pivot to privacy The Financial Express Wall Street edges lower in mixed earnings day Market Watch Market Snapshot: Stocks close lower as earnings paint mixed picture of corporate sector Aditional sources ...

Scientists Create Speech From Brain Signals
	The New York Times \| Comments More: CNET New 'mind reading' system makes synthesized speech more human Engadget Implant turns brain signals into synthesized speech New York Post NASA’s Mars lander might have detected its first ‘marsquake’ Aditional sources ...

Verizon just confirmed the Galaxy Note 10 5G is real
	BGR \| Comments More: The Verge Verizon confirms the next Galaxy Note will have 5G Fortune Verizon Media CEO Reveals His Plan For Reviving Struggling Online Business 9 to 5 Google Samsung Galaxy S10 5G now available for pre-order at $1,300, Galaxy Note 10 5G confirmed Aditional sources ...

The Google Assistant can now tell you a story on your phone
	Tech Crunch \| Comments

Boeing 737 Max has flown 135 times since grounding
	CNET \| Comments More: Reuters Boeing 737 MAX return to service paced by regulators, customers: Boeing CEO The Guardian Boeing: global grounding of 737 Max will cost company more than $1bn Fast Company After 737 Max crashes, Boeing profits drop more than 20% Aditional sources ...

Apple to reportedly launch two new AirPods in 2019
	CTV News \| Comments More: CNBC Apple could launch AirPods with a brand new design as soon as this year, top analyst says The Verge Two new AirPods models may be coming later in 2019 Engadget Apple may unveil two new AirPod models by the end of 2019 Aditional sources ...

Royal Bank of Scotland CEO Ross McEwan resigns from role
	CNBC \| Comments More: Sky News Royal Bank of Scotland boss Ross McEwan quits Washington Times Royal Bank of Scotland chief executive to step down News OK Royal Bank of Scotland chief executive to step down Aditional sources ...

Payments firm Wirecard confirms profit target for 2019 after SoftBank deal
	CNBC \| Comments More: Reuters Wirecard says all subsidiaries are audited, denying FT report Tech Crunch SoftBank to invest $1B into German digital payments provider Wirecard in new fintech partnership Telecom Paper Wirecard to receive EUR 900 mln investment from SoftBank Aditional sources ...

2020 US presidential race: Former vice president Joe Biden enters Democratic campaign as front-runner
	The Financial Express \| Comments More: CNET Joe Biden turns to Twitter, Facebook to announce 2020 presidential run Slate Joe Biden Announces Presidential Run With Trump-Focused Launch Video Zero Hedge "Welcome To The Race, Sleepy Joe" - Trump Taunts Biden After Campaign Launch Aditional sources ...

LG to halt phone manufacturing in South Korea for 2019
	CNET \| Comments More: The Verge LG reportedly suspending production of phones in home country of Korea Reuters LG Electronics to suspend mobile phones production in South Korea this year: Yonhap 9 to 5 Google Report: LG suspending smartphone production in Korea where it manufactures flagship devices Aditional sources ...

Scholz, on failed Deutsche/Commerzbank talks: German industry needs competitive banks
	Reuters \| Comments More: CNBC UPDATE 5-German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse Zero Hedge Deal Talks Between Deutsche Bank And Commerzbank Collapse Channel NewsAsia Deutsche Bank and Commerzbank call off merger talks Aditional sources ...

Microsoft Earnings, Sales Top Estimates On Cloud Strength In March Quarter
	Investor's Business Daily \| Comments More: CNBC Snap plunges after its earnings beat as analysts say it's going to take longer to get profitable Reuters Domino's franchisees help serve profit beat, shares rise ZDNet Microsoft Q3 FY19: Windows has a surprisingly strong quarter Aditional sources ...

No more than one hour of screen time for kids under 5, says WHO
	CNET \| Comments More: The Washington Post World health officials take a hard line on screen time for kids. Will busy parents comply? New York Post WHO releases guidelines on screen time for children Slash Gear The new WHO screen time for kids limits are super-strict Aditional sources ...

UK minister: Huawei leaks 'unacceptable', criminal investigation possible
	Reuters \| Comments More: Digital Trends Leak says Huawei will supply 5G equipment to the U.K., but with a caveat The Seattle Times UK government says it hasn’t decided yet on Huawei 5G role Aditional sources ...

Global shares fall after US stocks retreat from record highs
	Seattle Pi \| Comments More: CNBC JP Morgan lays out a blueprint for how this record run in the stock market will keep going Reuters Wall Street edges lower in mixed earnings day Investor's Business Daily Stock Futures Split; Facebook, Microsoft Spike Aditional sources ...

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