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    WhatsApp has been fined $267 million for breaching EU privacy rules

    Facebook-owned WhatsApp is being censored in China as the Communist Party congress gets underway. Jaap Arriens | NurPhoto | Getty Images Facebook-owned WhatsApp has been fined a record 225 million euros ($267 million) by Ireland’s data watchdog for breaching EU data privacy rules. Ireland’s Data Protection Commission said Thursday that WhatsApp did not tell citizens […] More

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    Elon Musk says Jeff Bezos’ job is ‘filing legal actions against SpaceX’ in latest spat over Starlink

    Jeff Bezos, left, and Elon Musk Getty Images; Reuters Elon Musk fired his latest shot across the bow at Jeff Bezos, as the billionaires’ companies spar in front of federal regulators over satellite internet. After Amazon asked the Federal Communications Commission to dismiss SpaceX’s latest amendment to its Starlink satellite network, Musk emphasized his company’s […] More

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    Affirm shares soar on news of Amazon partnership for buy now, pay later

    Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, […] More

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    Pentagon orders U.S. airlines to help fly Afghanistan evacuees

    Boeing 777, American Airlines. Massimo Insabato | Mondadori Portfolio | Getty Images Defense Secretary Lloyd Austin has ordered U.S. commercial airlines to provide planes to help speed up Afghanistan evacuation efforts, the Pentagon said Sunday. The commercial planes would not fly into Kabul but instead would be used to transport those who have already been […] More

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    Dow, S&P 500 dip ahead of Fed minutes

    U.S. stock indexes dipped Wednesday as investors awaited the release of the Federal Reserve’s latest meeting minutes for insights into when the central bank may start removing stimulus. The Dow Jones Industrial Average shed roughly 70 points, or 0.2%, after it snapped a 5-day winning streak on Tuesday. The S&P 500 fell about 0.1% and […] More

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    ‘Made in China’ products are running into new logistics problems

    A ship leaves a container port in the evening in Lianyungang in east China’s Jiangsu province Thursday, July 22, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Chinese companies wanting to go global are running into shipping problems. Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s […] More

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    Nasdaq futures fall 1% as stocks try to round out strong July

    Matteo Colombo | DigitalVision | Getty Images Futures contracts tied to the major U.S. stock indexes fell in the overnight session as a soft earnings report from Amazon threatened to dampen an otherwise strong month ahead of July’s final day of trading. S&P 500 futures shed 0.65%, while those tied to the Nasdaq 100 fell […] More

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