Kevin X-Stinson

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Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal

LONDON — Saudi Arabia announced the arrest on Saturday night of the prominent billionaire investor Prince Alwaleed bin Talal, plus at least 10 other princes, four ministers and tens of former ministers.<p>The announcement of the arrests was made over Al Arabiya, the Saudi-owned satellite network whose …

Saudi Arabia

Trump delays release of some JFK assassination documents, bowing to national security concerns

By Ian Shapira<p>, Reporter<p>Steve Hendrix<p>, Reporter<p>Carol D. Leonnig<p>, Reporter<p>President Trump delayed on Thursday evening the release of thousands of pages of classified documents related to the John F. Kennedy assassination, bowing to pressure from the CIA, FBI and other federal agencies still seeking …

JFK Assassination

Google ‘actively investigating’ reports of Pixel 2 XL screen burn-in

Bad to worse<p>Over the weekend, people with review units of the Pixel 2 XL began noticing a problem. No, not the already-known issues of muddy color and grainy textures when viewed in low-light, but one that’s potentially more worrisome: screen burn-in. First reported on Twitter by <i>Android Central’s</i> …

YouTube is back on Amazon’s Echo Show

<b>Update (11/21/17):</b> Echo Show owners rejoice— YouTube is back! After a two-month dispute which saw Google drop support for YouTube on Echo Show, it’s finally back. Google said that the original app violated its terms of service and created a broken user experience. The issue apparently stemmed from …

Uber boss says sorry to all Londoners as he commits to fight Transport for London for licence

The chief executive of Uber has apologised for mistakes that led to Transport for London withdrawing its operating licence, as he affirmed his commitment to fight the ban.<p>In an open letter to all Londoners Dara Khosrowshahi said the transport technology company has to change if it is to survive in …

Transportation

Messaging app Kik is launching its own cryptocurrency to raise $125 million

Kik, which was founded by a group of college students in 2009, is actively used by 15 million people per month and reaches 40% of American teenagers, according to the company.<p>ICOs, a red-hot way to raise money using the technology behind bitcoin, have exploded this year with over $1.8 billion …

Amazon Echo gets Sonos-style multi-room audio

Amazon speakers can now play back audio in multiple rooms at once. It’s about time.<p>The company today announced Echo users can now sync music across devices in a household. You’ll be able to say something like “play music upstairs” to target speakers in one area of your home. It doesn’t seem like …

Bitcoin just passed $4,000

What a day for Bitcoin.<p>24 hours ago the cryptocurrency was trading below $3,700. About an hour ago it surged passed $4,000 and has no signs of stopping. It’s now trading around $4,135.00. For reference, a week ago Bitcoin hit an all-time high as it passed $3,000 for the first time.<p>Check out the …

Fired Google Engineer: Tech Company Is ‘Like a Cult’

The Google engineer who was fired after his critique of the company’s diversity policy was made public compared his former workplace to a …

Disney to pull movies from Netflix, plans own streaming service

(Reuters) - Walt Disney Co (DIS.N) will stop providing new movies to Netflix Inc (NFLX.O) starting in 2019 and launch its own streaming service as the world’s biggest entertainment company tries to capture digital viewers who are dumping traditional television.<p>Disney’s defection, announced on …

Apple’s services business revenue grew 22% in Q3 as hardware saw only minor gains

Apple may still be mostly about selling gadgets, but its surging services business continues to lead the company’s growth.<p>The world’s most valuable company reported revenues of $45.4 billion on Tuesday for the three months ending June 30, an increase from the $42.4 billion it reported for the same …

IPhone 8

U.S. slaps sanctions on Venezuelan president Maduro

The Treasury Department slapped sanctions on Venezuelan President Nicolas Maduro Monday, sending a clear signal of the Trump administration's opposition to his regime.<p>The move comes a day after Maduro declared a sweeping victory in a vote that will allow him to further consolidate his power over …

Venezuela

Scaramucci Out As White House Communications Director

<b>Updated at 5 p.m. ET</b><p>Anthony Scaramucci is leaving his position as White House communications director — less than two weeks after being named for the job.<p>Scaramucci's departure followed the Monday-morning swearing in of the new White House chief of staff, retired Gen. John F. Kelly. Scaramucci had …

Donald Trump

This Was Another Terrible Quarter For Twitter

Optimism, hopes crushed. Stock down.<p>If you’re a fan of Twitter and also like being depressed, take a look at yesterday’s headlines. The Twitter world seemed so much better back then, as the past often does for the struggling company. “Twitter Inc (TWTR) Stock Is Finally Worth a Bullish Bet,” …

After China's crackdown, now Russia is banning VPNs too

It’s been a gloomy week for internet freedom.<p>On July 29 Russian president Vladimir Putin formally signed a law (link in Russian, .pdf) that prohibits the use of virtual private networks (VPNs) and other internet proxy services. The law was published on July 30, and will be implemented from November …

KKR Strikes Deal To Buy Health Information Giant WebMD For $2.8B And A Former Partner Scores

Private equity giant KKR is betting big on healthy living. In separate announcements on Monday morning, KKR said it will buy both internet health information giant WebMD Holdings for $2.8 billion and The Nature’s Bounty Co., a company that sells supplements ranging from fish oil and Vitamin D pills …

Health Information

Stocks waver as earnings and central-bank news dominate attention

U.S. stock indexes snoozed Thursday as investors were relieved the European Central Bank didn't announce any changes to its stimulus policies.<p>The European bank maintained its current policies, and ECB President Mario Draghi said it hasn't even set a date for considering changes. Investors were …

Tumblr’s Unclear Future Shows That There’s No Money in Internet Culture

Earlier this month, Verizon completed its acquisition of Yahoo, incorporating the internet-portal pioneer’s slate of brands under a new umbrella …

Internet

More court challenges expected for Trump's new travel ban

WASHINGTON (AP) — A scaled-back version of President Donald Trump's travel ban is now in force, stripped of provisions that brought protests and chaos at airports worldwide in January yet still likely to generate a new round of court fights.<p>The new rules, the product of months of legal wrangling, …

Inside the GOP’s surprise health care flop

Senate Majority Leader Mitch McConnell shocked Washington by punting on a vote to repeal Obamacare, but he’s still searching for a way to revive the bill.<p>Senate Republicans had no inkling of what they were walking into on Tuesday afternoon as they filed into the Mike Mansfield room on the Capitol’s …

Republicans

Supreme Court allows parts of travel ban to take effect

<b>Washington (CNN) —</b> The Supreme Court Monday allowed parts of President Donald Trump's travel ban to go into effect and will hear oral arguments on the case this fall.<p>The court is allowing the ban to go into effect for foreign nationals who lack any "bona fide relationship with any person or entity …

White House blames Obama for failing to stop Russia collusion

The White House blamed the Obama administration Sunday for failing to tackle possible Russian collusion in the 2016 presidential election, sticking with a new strategy to fault President Trump's predecessor for an issue currently facing the president himself as part of a widening FBI …

Uber CEO Travis Kalanick has resigned due to investor pressure, and a search for a new leader is on

Benchmark, Fidelity and others demanded his resignation in a letter titled “Moving Uber Forward.”<p>Uber CEO Travis Kalanick has resigned in response to demands from key investors for a change in leadership, <b>Recode</b> has confirmed.<p>It’s about time.<p>Kalanick had become a giant liability to the car-hailing …

Uber’s CEO Leaves, but Its Battles Won’t Go Away

Co-founder Travis Kalanick departs, but car-hailing company’s challenges remain<p>The resignation of Uber Technologies Inc. Chief Executive Travis Kalanick may do little immediately to alleviate the scrutiny the car-hailing company has attracted over its hard-driving image around the world.<p>Uber for …

Transportation

Streaming sports startup FuboTV raises $55 million

When it comes to streaming TV, FuboTV wants to be the place sports fans go when they are looking to catch up on their favorite sports league or team. To expand its channel lineup and grow its customer base, FuboTV has raised $55 million in Series C funding led by Northzone, with participation from …

Streaming

Lockheed Signs Pact With Tata to Make F-16 Planes in India

Lockheed Martin (lmt) signed an agreement with India’s Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a …

Huawei told to pay fees to avoid UK sales ban

The High Court has issued an injunction against Huawei that will require the Chinese mobile phone giant to pay licence fees to escape a ban on UK smartphone sales.<p>In a ruling handed down last week, Huawei was ordered to pay royalties on the millions of smartphones it sells around the world to …

As stocks hit records, Wall Street ponders next 10% dive

The spookiness factor has largely been absent from Wall Street. But that doesn’t mean investors should assume nothing can go wrong and that stocks won’t go down.<p>It’s been 15 months since the Standard & Poor's 500 stock index had its last scare, a 14.2% dive at the start of 2016, according to CFRA, …

Stock Markets

Pandora nabs $480 million from SiriusXM while offloading Ticketfly for $200 million

Pandora has settled ongoing speculation about its future by confirming it has received a $480 million investment from SiriusXM while offloading its ticketing business Ticketfly to Eventbrite for $200 million.<p>Rumors that Pandora was courting buyers have persisted for a while, with SiriusXM touted as …

Venture Capital

Santander buys 'failing' Spanish bank for €1

Spanish banking giant Santander has paid €1 to acquire Banco Popular after the struggling lender was deemed to be near collapse.<p>Banco Popular, which was saddled with billions in bad real estate loans, was auctioned by European regulators after they determined the bank was "failing or likely to …