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The number of Americans filing new applications for unemployment benefits rose less than expected last week, suggesting labor market conditions are continuing to tighten. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 270,000 for the week ended Aug. 1, the Labor Department said on Thursday. It was the 22nd consecutive week that claims held below the 300,000 threshold, which is associated with a strengthening labor market.
Tesla confirmed elements of the story and said it already has issued a software patch to owners. Kevin Mahaffey, chief technology officer of cybersecurity firm Lookout, and Marc Rogers, principal security researcher at Cloudflare, said they decided to hack a Tesla car because the company has a reputation for understanding software that is better than that of most automakers, the FT said.
A former Owl City band member has just been charged with criminal sexual contact and attempting to lure a 14-year-old girl to his hotel room, E! News can confirm. Daniel Jorgensen, 30,…
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Apple Inc’s new music streaming service has attracted more than 11 million members during its free trial period, the company said Thursday. Apple Music rolled out a three-month free trial period on June 30. Nearly 2 million people opted for the free trial family plan, which will cost $14.99 a month for up to six family members, the company said.
(Reuters) – Apple Inc’s new music streaming service has attracted more than 11 million members during its free trial period, the company said Thursday. Apple Music rolled out a three-month free trial period on June 30. Apple also said its App Store saw the largest-ever number of customers in July, yielding $1.7 billion in transactions.
WASHINGTON (Reuters) – The U.S. Federal Communications Commission on Thursday voted to reject a T-Mobile US Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year. T-Mobile’s petition had sought stricter limitations for AT&T Inc’s and Verizon Communications Inc’s participation in the auction of low-frequency airwaves, which are highly prized for their strength and reach. …
Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. Rising interest rates enabled Fannie to post gains on the investments it uses …
Another Jessa Duggar baby bump update is here! The reality star shared yet another photo of her growing bun in the oven along with a status update on how far along she is in her…
By Michael Gold TAIPEI (Reuters) – Taiwanese smartphone maker HTC Corp said it would cut jobs and discontinue models as part of its strategy to focus on high-end devices to better compete with the likes of Apple Inc and Samsung Electronics. “The cuts will be across the board,” Chief Financial Officer Chialin Chang told reporters after HTC reported a second-quarter loss and forecast another for the third-quarter. A pioneer in
