Author Archives: Foreaders

Nokia rolls out software upgrade to 5G 

The Finnish firm hopes the software will help it in its battle against Huawei and Ericsson for next wave of 5G orders as the technology should allow carriers to save on costs. “This solution will save the telecommunications industry potentially tens of billions of euros in site engineering and re-visit costs,” Nokia said in a statement.

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President Trump Is Working to Undermine Dr. Fauci Even as Coronavirus Cases Spike 

With U.S. virus cases spiking and the death toll mounting, the White House is working to undercut its most trusted coronavirus expert

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Reuters: Google vows not to use Fitbit data for ads to avoid EU probe 

Google revealed that it was purchasing Fitbit for $2.1 billion back in November 2019, but the deal has yet to be finalized. One of the organizations the tech giant has to convince for the acquisition to go through is the European Commission, which ga…

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Google, Facebook, Microsoft, other tech companies join lawsuit against new student visa rule 

More than a dozen top American technology companies, including Google, Facebook and Microsoft, on Monday joined a lawsuit filed by the Harvard University and the Massachusetts Institute of Technology against the Immigration and Customs Enforcement’s (ICE) latest rule that bars international students from staying in the United States unless they attend a […]

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Economic Data Scheduled For Tuesday 

The NFIB small business optimism index for June is scheduled for release at 6:00 a.m. ET. The NFIB’s index is expected to improve to 96.7 in June, versus 94.4 in May. The Consumer Price Index for June will be released at 8:30 a.m. ET. Consumer prices are projected to increase 0.5% in June, following a 0.1% decline in May. read more

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U.K. economy grew less than expected in May as coronavirus lockdowns began easing 

Official figures revealed that monthly GDP came in at 1.8% in May. It followed a 20.4% monthly contraction in April, the country’s sharpest on record.

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The Maid film review: Netflix’s Thai horror gives way to revenge slasher with extreme violence 

2.5/5 stars The Maid starts out as just another tawdry tale of a naive young housemaid tormented by vague supernatural forces in a ridiculously lavish mansion. But Lee Thongkham’s film turns into an audaciously violent revenge slasher of which even the subversive filmmaker Sion Sono might be proud. Only the most dedicated of film-goers will get to appreciate […]

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4 fundraising tips from Europe’s most active VC 

There has recently been much talk of European seed-stage investment drying up. Research from Plexal and Beauhurst revealed that first-time funding for UK startups fell by 83% from March to May this year.  Seeing how our fund is currently Europe’s most active VC, I thought I’d give founders some insight into the current fundraising climate, and spread the goo […]

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Africa: ‘Tax Us’ – World’s Super-Rich Call for Wealth Tax to Fund COVID-19 Relief 

[Thomson Reuters Foundation] New York — A group of 83 millionaires called for a permanent wealth tax to fund coronavirus relief efforts

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HMS Queen Elizabeth ‘will be sent to the Far East to take part in military drills with US and Japan’ 

The class leading HMS Queen Elizabeth is expected to visit the Far East during its maiden grand voyage next year, according to a report in the Times.

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China’s trade rises as economy recovers from coronavirus slump 

China’s global imports rose 3 per cent to USD 167.2 billion, rebounding from May’s 3.3 per cent decline, customs data showed Tuesday.

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UK economic output rises 1.8% in May after historic April plunge 

‘Disappointing’ rebound in GDP was much weaker than the 5.5 per cent forecast by economists

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Coronavirus global report: restrictions return around world as cases pass 13m 

Hong Kong, California and Manila tighten rules; WHO warns there are no shortcuts out of a pandemic; Australia passes 10,000 casesCoronavirus – latest updatesSee all our coronavirus coverageCities and states around the world returned to tighter coronavirus restrictions to battle recurring outbreaks, as global infections passed 13 million and the World Health […]

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Luckin Coffee replaces chairman Charles Lu 

Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC filing on Monday that Jinyi Guo, another co-founder, board member and former acting chief executive of Luckin, has been appointed as its new chairman and […]

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UK coronavirus live: Johnson U-turns on masks as experts fear up to 120,000 Covid-19 winter deaths 

Boris Johnson announces face coverings are to be mandatory in shops from 24 July with £100 fines for non-compliance Global coronavirus live: latest updates 9.42am BST The number of deaths in England and Wales when Covid-19 was citing on the death certificate has exceeded 50,000 according to the latest weekly statistics from the ONS.A total of 50,548 deaths i […]

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