19 Kids and Counting has been canceled, but is the Duggar family really down for the count? On Aug. 30, TLC will air a documentary on child sexual abuse in the wake of the scandal that…
By Alastair Sharp and Josephine Mason TORONTO (Reuters) – Emails sent by the founder of infidelity website AshleyMadison.com appear to have been exposed in a second, larger release of data stolen from its parent company, cyber security experts confirmed on Thursday. The data dump by hackers who have attacked the site appears to include email messages linked to Noel Biderman, founder and chief executive officer of its Toronto-based parent company
HELSINKI (Reuters) – Microsoft Corp on Friday confirmed it will close Nokia Oyj’s former handset product development unit in Salo, Finland, and will cut a total of up to 2,300 jobs in the Nordic country. The cuts, initially announced in July, are part of Microsoft’s plan to cut 7,800 jobs globally, most from the phone hardware business that it bought from Nokia last year. Two Finnish sites, in Espoo and
By Eric Auchard FRANKFURT (Reuters) – Smartphone apps that help people learn languages for free or nearly free, a few sentences at a time, are piling pressure on established education firms and setting the pace for how to make lessons more engaging. Phone and tablet-based mobile products from newcomers like Germany’s Babbel, Britain’s Memrise and U.S.-based Duolingo have overtaken names like Berlitz and computer self-learning pioneer Rosetta Stone in terms
By Shu Zhang and Gerry Shih BEIJING (Reuters) – Uber Technologies Inc’s [UBER.UL] global bookings are projected to rise nearly threefold to $10.84 billion this year and reach $26.12 billion the next, according to a recent presentation for potential investors seen by Reuters. The ride-hailing service, which operates in over 50 countries, keeps 20 percent of booking revenue, showed a confidential slideshow prepared by Chinese bankers with input from Uber,
U.S. stocks plunged, extending recent rout, as concerns about slowing global growth continued to pressure investor sentiment.
Unemployment rates fell in 24 U.S. states last month, including some of those with early presidential nominating contests. Unemployment rates rose in 14 states and were unchanged in 12. Employers added …
The recently released minutes of the July 28-29 Federal Open Market Committee (FOMC) meeting shows that while many members of the Federal Reserve want to raise interest rates, it’s not clear when it will happen. Members of the Fed are generally satisfied with improvements in the economy, but there are still a number of reasons to question a September rate hike, especially since there’s no way to know what factors
Financial data firm Markit said its preliminary U.S. Manufacturing Purchasing Managers’ Index fell to 52.9 in August, its lowest since October 2013, from a final July reading of 53.8. “August’s survey highlights a lack of growth momentum and continued weak price pressures across the U.S. manufacturing sector, which adds some fuel to the dovish argument as policymakers weigh up tightening policy in September,” said Tim Moore, senior economist at Markit.
Tesla Motors Inc. has launched a wholesale revamp of its stores worldwide as the electric-car company prepares to debut the Model X, its first sport-utility vehicle. The effort is largely devoted to telling the Tesla story, critical for a young company selling a product that remains mysterious — and intimidating — to most drivers. During an exclusive tour of a newly refreshed store at the upscale, outdoor Santana Row shopping
