Crypto News 

Want Your DNA on the Blockchain? This Company Does, Too…

“The information is then stored on the Nebula blockchain, which executives say offers the highest levels of security, anonymity, and transparency” writes Nick Marinoff for livebitcoinnews.com. Customers interested in taking part provide the company with some health-based information to get the process started.Fancy your DNA being on the blockchain?. Granted anyone wishes to access your information on the blockchain, they must pay a fee. Source: livebitcoinnews.com Share This:

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News 

Google News may shut over EU plans to charge tax for links

“He pointed out the last time a government attempted to charge Google for links, in 2014 in Spain, the company responded by shutting down Google News in the country” writes Jim Waterson for theguardian.com. Google’s top news executive has refused to rule out shutting down Google News in EU countries, as the search engine faces a battle with Brussels over plans to charge a “link tax” for using news stories. Source: theguardian.com Share This:

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Crypto News 

Nvidia Shares Plummet Due to Cryptocurrency Mining Slowdown

“Chip designer Nvidia has its shares drop by over 19 percent due to a slowdown in cryptocurrency mining and a glut of inventory” writes Jeffrey Francis for livebitcoinnews.com. The chip designer took full advantage of the cryptocurrency mining boom, and business was very good indeed.Now the slowdown in cryptocurrency mining has severely impacted the company’s fortunes.The company has definitely soured on cryptocurrency mining, and for good reason. Source: livebitcoinnews.com Share This:

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News 

Instagram accidentally exposed some user passwords through its data download tool

“An Instagram spokesperson disputed this, saying that the company hashes and salts its stored passwords” writes Nov Est for theverge.com. This information was not exposed to anyone else, and we have made changes so this no longer happens.” Updated November 17, 3:30PM ET: Included information from Instagram spokesperson regarding password security.Instagram has notified some of its users that their password might have been exposed due to a security bug, according to The Information (via Engadget). Source: theverge.com Share This:

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J. Crew CEO steps down, replaced by 4-exec ‘Office of the CEO’

“The Office of the CEO will manage the company’s operations as the Board works to establish a permanent management structure, the company said” writes Steve Kerch for marketwatch.com. A company press release said Brett’s departure was by ‘mutual agreement’ of Brett and the company’s board of directors.”Returning J.Crew to its iconic status required reinventing the brand to reflect the America of today with a more expansive, more inclusive fashion concept,” said Brett. Source: marketwatch.com Share This:

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How Blackberry’s buying of Cylance shows the company is getting serious about cybersecurity 

“Blackberry’s $1.4 billion deal to acquire cybersecurity company Cylance cements the smartphone pioneer’s pivot to an exclusive focus on cybersecurity” writes Kate Fazzini for cnbc.com. The Canadian company has made several other security acquisitions in recent years, but none as large as the Cylance deal announced on Friday.The acquisition of Cylance, which has a security consulting business, may also give Blackberry more reach in the area of cybersecurity advisory services. However, Blackberry is one of the first companies to make a sharp and complete turn into a software and consulting…

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Newspaper giant Johnston Press secures rescue deal after collapse

“The newspaper publisher Johnston Press has fallen into the hands of its lenders after heavy debts forced it into administration” writes Matthew Lynn for telegraph.co.uk. A new company, JPI Media, controlled by a consortium of debt investors led by New York hedge fund GoldenTree Asset Management, today [Saturday] took control of more than 200 titles including The i, The Scotsman and The Yorkshire Post.The pre-packaged sale by administrators includes a £35m cash injection and a 60pc cut to Johnston Press’s £200m debt pile. The new company will still be led by…

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Amazon has 50,000 jobs to fill. Recruiters share their tips on how to land one. 

“Amazon will soon have more than 50,000 jobs to fill” writes Annie Nova for cnbc.com. The company announced this month it will open two new headquarters, one in New York City, and the other in northern Virginia, and that the average salary will be more than $150,000. They spoke on the condition of anonymity because they’re bound by agreements not to speak publicly about their time at the company. Source: cnbc.com Share This:

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News Stocks 

Zuckerberg isn’t accountable to anyone so it’s time Congress to take his power

“It ought to either ban dual-class stock structures among public companies outright, or make clear that the SEC can do so itself” writes Troy Wolverton for businessinsider.com. Technically, what empowers Zuckerberg is Facebook’s stock structure.The appeals court’s reasoning was that Congress hadn’t explicitly given the SEC the authority to force the exchanges to mandate companies have particular stock structures.Institutional investors have started to pressure individual companies such as Facebook to eliminate or agree to sunset their dual-class stock structures. Source: businessinsider.com Share This:

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Facebook investors increase pressure on CEO Mark Zuckerberg to step down: Report

“It is a company and companies need to have a separation of chair and CEO,” Kron was quoted as saying” reports firstpost.com. Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR firm that “dug up dirt on its competitors”. Source: firstpost.com Share This:

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