AmEx Climbs as New Lending Push Shows Signs of Paying Off

April 21, 2018

Say “so long” to the granddaddy of charge cards. JPMorgan Chase & Co. and Citigroup Inc. sweetened customer rewards and cut acceptance costs to steal some of its longtime business. There’s signs the new effort is working. AmEx’s loans climbed 16 percent to $75.8 billion in the first three months of the year, topping the $72 billion average of analyst estimates compiled by Bloomberg. “Our share of our U.S. consumer…

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Orson Welles’ daughter pleads with Netflix to ‘reconsider’ Cannes ban and premiere father’s last film

April 21, 2018

Video Orson Welles’ stuff for sale Film legend’s camera, other items on the auction block Beatrice Welles, the daughter of Hollywood icon Orson Welles, is speaking out after Netflix announced it won’t premiere the star’s final movie at this year’s Cannes Film Festival. Ted Sarandos, Netflix’s chief content officer, told Vanity Fair Wednesday the streaming giant is pulling five films from the prestigious movie event after the festival announced new…

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Every single teacher on a crowd-funding site just got their wishes fulfilled

April 21, 2018

(CNN)When it comes to educating America’s children, how much of a difference could $29 million make? Could it send a second grader on a school trip to the museum, or provide updated equipment to a class of budding scientists? The Colbert bump The massive donation is the culmination, or grand finale, if you will, of the site’s #BestSchoolDay project. Two years ago, Stephen Colbert, who is a member of the…

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Facebook plans crackdown on ad targeting by email without consent

April 21, 2018

Facebook is scrambling to add safeguards against abuse of user data as it reels from backlash over the Cambridge Analytica scandal. Now TechCrunch has learned This snippet of a message sent by a Facebook rep to a client notes that “for any Custom Audiences data imported into Facebook, Advertisers will be required to represent and warrant that proper user content has been obtained.”  shown the message, Facebook spokesperson Elisabeth Diana told…

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Taiwanese startup Kdan Mobile raises $5M Series A for its cloud-based content creation tools

April 20, 2018

Kdan Mobile founder and CEO Kenny Su Kdan Mobile, a Taiwanese startup that makes cloud-based software for content creators, announced a $5 million Series A today, raised from investors including W.I. Harper Group, Darwin Venture Management and Accord Ventures. Founded in 2009, the Tainan City startup says its products have been downloaded more 120 million times, with about 40% of its customers located in the United States. Its Series A…

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The Gordon Gekko of Newspapers: A Vulture Capitalist Kneecapping Journalists

April 20, 2018

On the morning of Monday April 10, 2017the day last years Pulitzer Prizes were revealedEast Bay Times investigative reporter Thomas Peele was so nervous that I felt like I was gonna puke, he told The Daily Beast. Everybody was just a little bit on edgetrying to prepare for the letdown more than there was any anticipation of winning, Peele recalled, even though he and his colleagues had already picked up…

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How Trumps NASA Nominee Used a Nonprofit He Ran to Benefit Himself

April 20, 2018

Rep. James Bridenstine (R-Okla.) is a former Navy pilot with virtually no management experience in any large organization. But the Oklahoma Republican has been tapped by President Donald Trump to take over the National Aeronautics and Space Administration (NASA), a federal agency with a budget of $18.5 billion, 18,000 federal workers, and over 60,000 contract employees. For this lack of technical experiencealong with a opposition to LGBT rights Bridenstine advanced…

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The Cryptocurrency Industry Might Actually Benefit From an Ad Ban

April 20, 2018

Cryptocurrency startup founders who want to advertise their new companies can no longer rely on the internet’s largest platforms to help spread their message. In January, Facebook announced it was banning ads that are "frequently associated with misleading or deceptive practices" including initial coin offerings and cryptocurrencies. Other platforms quickly followed suit; now, nearly all of the web’s most trafficked sites forbid cryptocurrency advertising. But entrepreneurs and researchers committed to…

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2001: A Space Odyssey Predicted the Future50 Years Ago

April 20, 2018

It was 1968. I was 8 years old. The space race was in full swing. For the first time, a space probe had recently landed on another planet (Venus). And I was eagerly studying everything I could to do with space. Then on April 2, 1968 (May 15 in the UK), the movie 2001: A Space Odyssey was released—and I was keen to see it. So in the early summer…

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What Hearings? Advertisers Still Love Facebook

April 20, 2018

After 10 hours of verbal flogging by an incensed Congress, Facebook CEO Mark Zuckerberg seemed like a leader whose pedestal had cracked. Over and over during his testimony this week, he apologized for lapses in his company’s handling of user data. He emerged from the hearings with months’ worth of homework for him and his team. But life’s not so bad for Zuckerberg. His exhaustive, highly publicized grilling appears to…

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The new iPad is the cheapest 9.7-inch iPad Apple’s made

April 20, 2018

The new 9.7-inch iPad works with Apple Pencil.Image: karissa bell/mashable As predicted, Apple announced a new 9.7-inch iPad at its education-focused event in Chicago on Tuesday. And yes, it supports the Apple Pencil, making it the first iPad that isn’t a “Pro” to do so.  The new iPad costs $329 ($299 for education institutions), which is the same price as the previous cheapest iPad released last year. SEE ALSO: Apple…

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Trump Ramps Up Amazon Attack, Demands Washington Post Register As Lobbyist

April 19, 2018

Trump claimed “it is reported” that the U.S. Postal Service loses $1.50 for each package it delivers for Amazon, which pays the same charges as any other company using bulk rate.  While it is unclear what reports the president was referring to, a recent Wall Street Journal op-ed may be the source. But USPS executive Joseph Corbett wrote a response to the op-ed — which was written by the co-president of a money-management firm…

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Vaping now an epidemic among US high schoolers

April 19, 2018

(CNN)A sharp spike in vaping and the use of e-cigarettes by students has grabbed the attention of the US Food and Drug Administration. For middle school students, the number was 500,000. See the latest news and share your comments with CNN Health on Facebook and Twitter. “It says ‘California Proposition 65 warning: This product contains chemicals known to the state of California to cause cancer or birth defects, or other…

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Wetherspoon pub chain quits social media

April 19, 2018

Media playback is unsupported on your device Media captionJD Wetherspoon chairman Tim Martin says his chain of pubs will no longer be on social media Pub chain JD Wetherspoon has used Twitter to tell its 44,000 followers that it is quitting social media. The firm’s head office and 900 pubs will quit the micro-blogging site, and also Instagram and Facebook, with immediate effect, it said. The pub chain linked the…

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