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Insurance, construction firms to be hit worst by Hurricane Florence

With Hurricane Florence at the doorstep, experts estimate it to incur damages worth $170.2 billion along the East Coast, as…

Facebook will now use artificial intelligence to tackle offensive memes

Facebook (FB) has been investing significantly in artificial intelligence and machine learning capabilities. The company will now use these capabilities…

FDA puts the heat on e-cig makers to curb teen vaping

The e-cigarette market witnessed a phenomenal growth mainly because the concept was popularized in a convincing manner. While many wannabe…

Tesla’s Chinese rival Nio fails to impress with IPO

Chinese carmaker NIO Inc. went public in New York today under the ticker symbol NIO but its IPO failed to…

Micron crumbles on rating downgrade amid looming correction

The softening demand for memory chips has been a cause for concern among semiconductor companies for some time. Adding to…

Amazon Business: Amazon’s magic beanstalk

Amazon.com (AMZN) has a proverbial magic beanstalk in its business-to-business platform Amazon Business, which has reportedly hit over $10 billion…

Remove extremist posts in ‘one hour’ or face fine: Tech majors told

Fresh trouble is brewing for the American tech giants who were chastised recently by European regulators for privacy violations. On…

Historic roundup: How Apple stock behaves after iPhone launch

On this exact day a year ago, the scene was no different. Tech enthusiasts and traders were equally gung-ho over…

Apple Event LIVE: Say hello to iPhone XS, XS Max and the cheaper iPhone XR!

  Live updates from the Apple Special ‘Gather Round’ Event on September 12, 2018. Coverage began at 1 PM ET.…

Bank of England governor Mark Carney to stay until 2020

After the UK voted to come out of the European Union, the UK government has been keen on keeping the…