Zuckerberg on data debacle: 'It was a breach of trust' Facebook co-founder and chief executive Mark Zuckerberg says that his company will never be able to fully protect its platform from abuse by bad actors no matter what it does and that efforts to improve security will be "never-ending." In an hour-long call with reporters on Wednesday, the embattled CEO also took full responsibility for Facebook's recent scandals even as he said he was still the right person to run the company. Zuckerberg called the first decade of the company's growth "idealistic and optimistic." "It's clear now that we didn't focus enough on preventing abuse," Zuckerberg said. "We didn't take a broad enough view of what our responsibility is. That was a huge mistake, and it was my mistake." The call came hours after lawmakers announced that Zuckerberg would testify before the House Energy and Commerce Committee next week, and shortly after Facebook revealed that Cambridge A..
Image caption Sergei Skripal, 66, and his daughter Yulia, 33, were poisoned by a nerve agent called Novichok Russia's proposal...
Fox gave O'Reilly contract after $32 million settlement A federal judge in New York has denied Bill O'Reilly's motion to seal settlement agreements he struck with multiple women who accused him of harassment, dealing a huge blow to the former Fox News host in a defamation suit brought last year. Deborah Batts, the judge presiding over the defamation suit, ruled Tuesday that O'Reilly "has failed to present compelling countervailing factors that could overcome the presumption of public access" to the agreements. Batts also said O'Reilly "has not even come close to rebutting this First Amendment presumption" that favors public access to documents. "Defendant O'Reilly asks the Court to resolve a dispute by relying on the very Agreements he seeks to shield from public view," Batts wrote. The judge's ruling means that certain terms of the settlements are coming to light for the first time. On Wednesday, Neil Mullin and Nancy Erika Smith, the attorneys..
Image copyright Getty Images Trade tensions between China and the US have been ramped up after Beijing responded to US plans for putting new taxes on hundreds of Chinese imports. China said it would place 25% trade tariffs on 106 US goods, including soybeans, aircraft and orange juice. The tit-for-tat action comes hours after Washington detailed about 1,300 Chinese products it intended to hit with tariffs - also set at 25%. Wall Street opened sharply lower, before rebounding to close higher. After starting down more than 400 points, or 1.75%, the Dow ended almost 1% higher. The S&P 500 did not fall as far and also rose about 1%, while the Nasdaq added 1.4%. Boeing - among the firms that investors expect to be most affected by the plans for tariffs - fell 1.4%. Analysis: Not a trade 'war' but a trade 'dance'Stock markets in Europe also fell, with investors taken aback by the speed of China's response, but closed only modestly lower. The FTSE 100 in London was..
President Trump vs Amazon CEO Jeff Bezos Amazon is not the first business to end up in the president's crosshairs. Donald Trump has targeted well over a dozen companies on Twitter since he was elected president. Of course, Trump has had plenty of harsh words for a lot of media companies whose coverage he disagrees with — they make up nearly half the list.
YANGON (Reuters) - Lawyers for two Reuters reporters jailed in Myanmar asked a judge on Wednesday to dismiss the case against them, arguing there was insufficient evidence to support charges of obtaining secret government papers.
RIYADH (Reuters) - The Saudi-led coalition fighting in Yemen said on Wednesday that Saudi Arabia's air defense had intercepted a missile that the armed Houthi movement said it fired at storage tanks belonging to Saudi Aramco oil company.
US trade with China, explained TVs. Dishwashers. Printers. Get ready: These are just some of the products that could get more expensive if the United States moves forward with proposed tariffs on $50 billion worth of Chinese products, and companies decide to pass the cost of the new taxes on to customers.
THE HAGUE (Reuters) - Russia's call for a joint inquiry to be held into the poisoning of a former Russian double agent in England failed on Wednesday when it was outvoted 15-6 at a meeting of the global chemical weapons watchdog.
WASHINGTON (Reuters) - President Donald Trump agreed in a National Security Council meeting this week to keep U.S. troops in Syria a little longer to defeat Islamic State but wants them out relatively soon, a senior administration official said on Wednesday.
How Hollywood is going old to look new The global box office hit a record high last year, but there were declines in revenue in North America, according to a new report. The report, which was released by the Motion Picture Association of America on Wednesday, showed that the worldwide box office hit a record $40.6 billion in 2017, which is a 5% increase from 2016. That's the good news for Hollywood filmmakers. The bad news is that the growth around the world was stymied by declines back home. The US and Canada box office dipped by 2% from the record high of $11.4 billion in 2016. The more concerning drop for Hollywood isn't box office totals, but rather with how many people are actually going to the movies. The U.S. and Canada sold more than 1.2 billion tickets last year, a 6 percent drop from last year. The reason that the box offices didn't see a bigger drop in revenue is likely due to rising ticket prices. The average ticket price went up 32 cents to $8.97 in ..
Media playback is unsupported on your device Media captionHow the attack on YouTube's HQ in San Bruno unfoldedThe suspect in...
Image copyright Getty Images Image caption Ancestry.com says their service helps people make "powerful discoveries". A US woman is suing...
Shutterstock photo In trading on Wednesday, shares of Extraction Oil & Gas Inc (Symbol: XOG) entered into oversold territory, changing hands as low as $10.28 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Extraction Oil & Gas Inc, the RSI reading has hit 28.9 - by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 47.7, the RSI of WTI Crude Oil is at 52.3, the RSI of Henry Hub Natural Gas is presently 55.7, and the 3-2-1 Crack Spread RSI is 65.2. A bullish investor could look at XOG's 28.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), XOG's low point in..