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New York City Just Saw Its Highest Number of Tourists Yet. Here’s Why
byNew York City just hit another tourism record for the eighth year in a row, welcoming a whopping 62.8 million visitors last year, according to city officials. The city saw an increase of 2.3 million visitors since 2016, NYC & Company representatives announced on Tuesday, despite concerns that restrictions like the travel ban would lead to a drop. “Even with all […]
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Steven Spielberg Doesn’t Think Netflix Movies Should Qualify for Oscars
byCount Steven Spielberg among the cinematic luminaries who have a bone to pick with Netflix. In an interview with ITV News, the Oscar-winning filmmaker weighed in on the ongoing debate about films that premiere on the streaming platform—and whether they deserve to compete with films that get a proper theatrical release come awards season. Spielberg, a filmmaking […]
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Cambridge Analytica Scandal: Facebook CEO Mark Zuckerberg Formally Asked to Testify by US Lawmakers
byThe leaders of a key House committee declared Thursday that Facebook officials failed to answer questions about a privacy scandal involving a Trump-connected data-mining company, and they want CEO Mark Zuckerberg to testify before the panel. Reps. Greg Walden of Oregon and Frank Pallone of New Jersey said in a brief statement that the “latest revelations regarding Facebook’s use […]
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Two Americans astronauts and one Russian cosmonaut unusual cooperation in ISS lab
byBAIKONUR – 2 astronauts, a cosmonaut and a ball set to be utilized in the upcoming football World Cup in Russia launched Wednesday for a two-day flight to the International Spaceport Station. Nasa’s Drew Feustel and Richard Arnold took off from the Baikonur cosmodrome in Kazakhstan for a five-month objective in a Soyuz MS-08 under […]
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Hawkish Fed Probably Worse For Market Than China ‘Trade War’
byThe trade war drums beating from Washington to Beijing are getting louder, but this is not the orcs of Middle Earth storming out of the gate ready to crack heads. Everyone and their brother believes something’s got to give on intellectual property protections with regards to China. “The U.S. semiconductor industry shares the Trump Administration’s […]
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Bank of America ‘systematically’ misled clients about stock trades
byBank of America Merrill Lynch doctored paperwork on 16 million orders to fool institutional clients into thinking stock trades were taking place in-house when they were not, according to New York’s Attorney General. The bank admitted on Friday to “systematically misleading clients” between 2008 and 2013 about how orders were handled for more than 4 […]
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New dawn in the fight against the dark web
byPhilip Hammond’s recent announcement of a task force to combat cryptocurrency fraud shows that the dark web is now on the forefront of government concerns, writes Rasika Sittamparam ‘You only need to pay a thousand pounds to steal someone’s online identity,’ warns Donal Carville, the CEO of Circadian, a fintech start-up that protects business transactions against […]
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Vietnam halts South China Sea oil drilling project under pressure from Beijing
byHANOI/SINGAPORE (Reuters) – Vietnam has halted an oil drilling project in the “Red Emperor” block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China, three sources with direct knowledge of the situation told Reuters on Friday. It would be the second time in less than a year that Vietnam has […]
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British Government Launches Crypto Task Force to Strengthen FinTech Sector
byIn what is being perceived as a step in the right direction, Chancellor Philip Hammond has announced the creation of a special cryptocurrency task force that will look to regulate and foster crypto innovation within the UK. As part of his speech at the second annual International Fintech Conference in London, Hammond said that the new task […]
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Philippine bishops back migrant rights deal with Kuwait
byPresident Duterte wants Filipino workers to eat ‘nutritious food’, have days off The Philippine bishops’ commission on migrant care is pressing the government to ensure that a deal about to be struck with Kuwait guaranteeing protection for Filipino workers, most of whom are maids, is adhered to. Philippine and Kuwaiti officials approved this week the final draft […]
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