• Amazon Australia has finally launched... and it's frankly underwhelming
Amazon Australia has finally launched... and it's frankly underwhelming

One of Australia's leading retailers, Gerry Harvey of Harvey Norman told Sunrise that he's concerned Amazon will "break all the rules" and employ a predatory pricing strategy that means businesses such as his were financially incapable of matching their heavily discounted items.

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  • Zuckerberg challengers now bitcoin billionaires
Zuckerberg challengers now bitcoin billionaires

Even JP Morgan's senior analyst Tom Lee has confirmed the optimistic estimates it wants to climb within five years to $ 25,000, endorsing his undisputed commercial success. Still, the twins themselves have noted that older Bitcoin aficionados probably have larger holdings. LONDON, ENGLAND - OCTOBER 23: A visual representation of the digital Crypt...

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  • Tesla switches on the world's biggest battery
Tesla switches on the world's biggest battery

The battery farm launches today after extensive regulatory testing that took place to test the battery's ability to charge to, and from, Australia's National Energy Market and also act as a generator. South Australia suffered a severe blackout previous year that left 1.7 million people without electricity, prompting Australian PM Malcolm Turnbull...

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  • Deceleration trend in overall growth has been now reversed: Jaitley
Deceleration trend in overall growth has been now reversed: Jaitley

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said latest Gross Domestic Product ( GDP ) estimates show economic activities are increasing in the country. "GDP growth recovers to 6.3% in Q2 from a 3-year low of 5.7% in Q1". With the sign of growth trajectory, Finance Minister Arun Jaitley remained optimistic of a higher grow...

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  • Uber breach affected 2.7 million Britons
Uber breach affected 2.7 million Britons

Separately, prosecutors in the U.S. have heard that Uber may have hired ex-CIA intelligence operatives to conduct surveillance on its rivals . John Thune (R-SD), Orrin Hatch (R-UT), Jerry Moran (R-KS) and Bill Cassidy (R-LA), notes that an outside law firm commissioned by Uber's board of directors uncovered the 2015 data breach.

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  • Waymo Trial Delayed Again With Sharp Words for Uber From Judge
Waymo Trial Delayed Again With Sharp Words for Uber From Judge

Alsup voiced his own concern over what he called potentially criminal conduct involving a hidden system of messaging at Uber. Waymo sued Uber, saying that they stole trade secrets about self-driving auto technology. "And there is a 50-50 chance that this will turn out to be a dry hole". The existence of such a unit deals a huge blow to Uber's a...

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  • 'Black Friday' in United States brings great news for global e-commerce
'Black Friday' in United States brings great news for global e-commerce

I have recommended both Mastercard (MA) and Visa (V) at various times over the previous year and, as the charts below show, that has worked out pretty well so far. While consumers, of course, buy pet food and supplies all year round (the American Pet Products Association reports that pet industry spending for 2016 came in at a record high $66.75 bi...

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  • AAA: Michigan average gas price drops 10 cents after Thanksgiving
AAA: Michigan average gas price drops 10 cents after Thanksgiving

Today's national gas price average is $2.51, which is 38 cents more than this time past year. The average IL price for a gallon of regular unleaded gasoline is $2.59. The downward gas-price trend of the past two weeks has been thrown into park and prices are poised to head higher again in South Florida and elsewhere around the state.

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  • Man fleeing police charged after vehicle fatally strikes deputy
Man fleeing police charged after vehicle fatally strikes deputy

Oakland County deputy Eric Overall was laying down "stop sticks" early Thursday morning in Brandon Township to deflate the man's tires. According to court records from Macomb County, Berak has prior convictions for possession of marijuana and resisting officers.

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  • Dead, 150 Injured After Violent Clashes Between Forces And Islamist Protesters
Dead, 150 Injured After Violent Clashes Between Forces And Islamist Protesters

Despite a swift reversal, protesters still demand that Pakistan's law minister resign. But protest leaders were adamant and refused to clear the intersection unless the law minister resigned. Social media platforms also appeared to be temporarily suspended. Gen. Asif Ghafoor, head of Inter-Services Public Relations (ISPR), the army's media wing, ...

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  • Markets@Moneycontrol: Markets end week on a positive note
Markets@Moneycontrol: Markets end week on a positive note

The barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 33,679.24 points - up 91.16 points or 0.27 per cent - from its Thursday's close. However, some gains were capped as investors booked profits in metals stocks and foreign investors pulled out money from stocks. The BSE market breadth was bullish - 1,510 advances and 1,225 decli...

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  • United States arrests two Chinese oil company reps in Africa bribery scheme
United States arrests two Chinese oil company reps in Africa bribery scheme

Kim said in the statement. The charges, of violating money laundering legislation and the Foreign Corrupt Practices Act, could result in jail sentences of up to 20 years. Ng Lap Seng, a Chinese billionaire, was convicted in July of paying more than $1.7 million in bribes to U.N. ambassadors to secure rights to build a U.N.

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  • Robinho sentenced to 9 years in prison over sexual assault
Robinho sentenced to 9 years in prison over sexual assault

Reports in Italy claim the former Manchester City and Real Madrid star, along with five others, was implicated for an attack on an Albanian girl in a Milan nightclub in January 2013. It added that "all legal steps" were "already being taken regarding this decision". Because of that, the verdict is effectively put on hold until the appeals pr...

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  • Volvo to supply autonomous vehicles to Uber from 2019
Volvo to supply autonomous vehicles to Uber from 2019

Not to forget Uber has had fights with its driver community and this interesting deal with Volvo could help Uber to take a new turn in future. "With the advent of autonomous vehicle technology, rider attention may be focused on alternative activities, such as work, socialising, reading, writing, task-based activities and the like", Uber say...

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  • Uber adding 24000 self-driving Volvo XC90s to its fleet
Uber adding 24000 self-driving Volvo XC90s to its fleet

But the non-exclusive nature of the agreement means Volvo will continue developing its own autonomous systems, independent of Uber. Either way, the new deal proves that Uber is serious about self-driving tech. The company Uber will purchase 24,000 crossover Volvo XC90 , which are already tested as taxis in the States of Arizona and Pennsylvania....

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  • Moody's upgrades India's sovereign bond rating for first time in 14 years
Moody's upgrades India's sovereign bond rating for first time in 14 years

Finance Minister Arun Jaitley , who has been taking the flak for slowing economic growth and messy implementation of GST , said the jump in India's ranking in World Bank's ease of doing business by 42 places and Friday's rating upgrade vindicated the government's belief in their "reforms process".

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  • AAA: 1 million Marylanders will travel for Thanksgiving
AAA: 1 million Marylanders will travel for Thanksgiving

Over one million people in Wisconsin are expected to travel 50 miles or more from home next week. "AAA expects drivers will pay the highest Thanksgiving gas prices in three years, thanks to strong demand and higher oil prices", said Mark Jenkins, AAA spokesman in Tampa.

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  • TransCanada Keystone pipeline leaks 795000 litres of crude oil in South Dakota
TransCanada Keystone pipeline leaks 795000 litres of crude oil in South Dakota

The company said in a press release that the leak was discovered after a drop in the pipeline's pressure was detected. The substance flowing through the Keystone pipeline is known as diluted bitumen, or " dilbit ", because the bitumen (the crude oil itself) is so thick and sticky it must be diluted in order to effectively flow through the system....

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  • SABC to broadcast 2023 World Cup Rugby announcment
SABC to broadcast 2023 World Cup Rugby announcment

France has won the hosting rights to the 2023 Rugby World Cup , infuriating the ousted South African bidding team. "The ability to submit clarification requests following the publication of the recommendation and comprehensive report on 31 October was agreed and permitted within the host selection process operated by World Rugby ".

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  • India takes centre stage in energy economy, to drive demand growth: IEA
India takes centre stage in energy economy, to drive demand growth: IEA

The West Texas Intermediate for December delivery was down 0.37 US dollar to settle at 55.33 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery lost 0.34 dollar to close at 61.87 dollars a barrel on the London ICE Futures Exchange.

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  • Airbus : a history command at $ 40 billion
Airbus : a history command at $ 40 billion

The purchase commitment, comprised of 273 A320neos and 157 A321neos worth 49.5 billion USA dollars at list prices, was announced at the Dubai Airshow by Bill Franke, Managing Partner of Indigo Partners, and John Leahy, Airbus Chief Operating Officer-Customers.

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  • EgyptAir signs deal with bombardier to buy 24 CSeries aircraft
EgyptAir signs deal with bombardier to buy 24 CSeries aircraft

Bombardier said on Tuesday that EgyptAir had signed a letter of intent to purchase 24 CS300 jets from the Canadian company. Bombardier Commercial Aircraft president Fred Cromer expects the order to be made firm by the end of this year.

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  • China Is Sitting On The Cloud
China Is Sitting On The Cloud

In a statement Amazon emphasised that it had not sold its business in China, saying that it "remains fully committed to ensuring Chinese customers continue to receive AWS's industry leading cloud services". Amazon's Chinese equivalent, Alibaba, leads the way having launched its own public cloud service in 2009 before expanding globally. The sale is...

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  • Missouri starts investigating Google's business practices
Missouri starts investigating Google's business practices

Asked at the press conference whether his senate candidacy played a role in opening the Google inquiry, Hawley said he acted upon his oath of office and desire "to get to the truth". In July, the Electronic Privacy Information Center filed a complaint with the Federal Trade Commission regarding a Google program that tracks consumer behavior.

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  • Holly Golightly wouldn't approve of real-life breakfast at Tiffany's
Holly Golightly wouldn't approve of real-life breakfast at Tiffany's

By the time the doors opened, at 10 a.m., there was a line down the block. According to Vanity Fair , diners at the Blue Box Cafe can enjoy simple, signature NY dishes. There's a small cake one can order on special occasions, or just because, for $36; it's a Tiffany box with glossy blue icing and a big, white confectionary bow.

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  • A self-driving shuttle launched in Las Vegas - it didn't go well
A self-driving shuttle launched in Las Vegas - it didn't go well

A driverless shuttle bus being tested in Las Vegas was involved in a crash an hour into its first day on the job - although it wasn't the vehicle's fault. AAA chose Las Vegas for the launch because of the state's progressive regulations on autonomous vehicles , heavy investment in innovation, the high volume of visitors and a sunny, dry climate th...

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  • Certain fidget spinners found to have high amounts of lead
Certain fidget spinners found to have high amounts of lead

The study was conducted on the Fidget Wild Premium Spinner Brass and Fidget Wild Premium Spinner Metal . The watchdog group US PIRG argues that the potentially toxic spinners are sold alongside toys for children age 6 and up. Harold Chizick, a spokesperson for Bulls-I-Toys, released this statement, "Safety is one of our top priorities". CPSC...

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  • EU Commission sees Greek primary surplus at 3.9 percent/GDP in 2018
EU Commission sees Greek primary surplus at 3.9 percent/GDP in 2018

According to the European Union executive's Winter Economic Forecasts , the eurozone economy will grow by 2.2 percent this year, 2.1 percent next year and at 1.9 percent in 2019. Our policies need to remain firmly focused on making growth sustainable and inclusive. That compares with 0.5% this year, the Commission said. "The European economy ha...

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  • Yahoo's Mayer points to Russians in data-breach apology
Yahoo's Mayer points to Russians in data-breach apology

It's also implemented new measures to protect the affected accounts. Mayer and Smith were flanked by officials from their former companies, as Congress sought to get to the bottom of how three billion global user accounts at Yahoo and 146 million American Social Security numbers and more at Equifax were stolen by hackers.

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  • Waymo Announces 'Fully Self-Driving Cars Are Here,' Taxi Service Coming
Waymo Announces 'Fully Self-Driving Cars Are Here,' Taxi Service Coming

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Those who participated in Waymo's early rider program will be among the first to experience these rides. "One for napping; a personal dining room; a mobile office; or a vehicle just for when moving into your new place", he said. People could claim the cars ...

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