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Chinese takeovers of US companies plummet this year amid tough Trump talk

“Increased trade barriers could also incentivize Chinese firms to build more factories directly in the U.S., some analysts said” writes Andrew Harrer for cnbc.com. “The U.S.-China trade relationship will continue to be tense.”. The Dealogic analysts estimate about $9.7 billion in pending Chinese deals to buy U.S. firms could fall under regulatory scrutiny, potentially putting $75 million in advisor fees at risk. Source: cnbc.com Share This:

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Former Russian minister accuses head of country’s state oil giant of framing him

“Alexei Ulyukayev, the former economic development minister who lost his position after being arrested in a security agency sting in November, has accused the head of Russia’s state oil giant of framing him” writes Annabel Venning for telegraph.co.uk. Looking gaunt but determined at the opening of his trial, Mr Ulyukayev, the first sitting minister to be detained by police since Soviet times, denied charges he had taken a $2 million (£1.6 million) bribe to back Rosneft’s purchase of oil company Bashneft.In his first comments since his arrest, Mr Ulukayev claimed…

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Border wall hits Senate snag

“Instead, GOP senators are considering a broader plan to improve border security through a combination of infrastructure, technology and enforcement” writes Susan Ferrechio for washingtonexaminer.com. But this year, he must contend not only with Trump, but with his own rank-and-file members who want border wall money included in the 2018 spending package.The author of the legislation, Senate Majority Whip John Cornyn, R-Texas, backs a border wall, but is advocating his comprehensive approach over an immediate infusion of money. Source: washingtonexaminer.com Share This:

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We need to preserve nuclear deal: UN 

“Based on the deal Iran put limits on its nuclear activities in exchange for termination of economic and financial sanctions” reports tehrantimes.com. Stephane Dujarric, the spokesman for the UN secretary general, told reporters on Tuesday that it is necessary to preserve the Iran nuclear agreement, formally called the Joint Comprehensive Plan of Action (JCPOA). “We need to do whatever we can to preserve it,” Reuters quoted Dujarric as saying. Iranian President Hassan Rouhani warned on Tuesday that Iran will quit the nuclear agreement “in hours” and return to the previous…

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Chinese drone maker DJI working on mode to let pilots disconnect from internet during flights, weeks after US Army ended DJI use due to “cyber vulnerabilities”

“The Army memo caused customers to express renewed concern about data security” and prompted DJI to speed up data security changes, Schulman said” writes Alwyn Scott for reuters.com. The logo of Chinese drone maker DJI is seen at the company’s office in New York, New York, U.S., August 11, 2017. (Reuters) – Chinese drone maker SZ DJI Technology Co Ltd is tightening data security on its drones after the U.S. Army ordered its members to stop using DJI drones because of “cyber vulnerabilities,” a company official told Reuters on Monday. Source:…

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Perry leaving Energy Department? His remarks to staff say otherwise

“But from his public remarks Tuesday, Perry seems to have found the national security piece of the puzzle at the Energy Department” writes John Siciliano for washingtonexaminer.com. “It’s not just the things that you see every day, it’s the safety and security of the world that you’re working on,” Perry told staff. Source: washingtonexaminer.com Share This:

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Amazon boosts AWS data security with new Macie service

“Amazon Web Services has launched a new machine learning service aimed at helping organisations protect their sensitive data in the cloud” reports itproportal.com. Macie’s general premise is quite simple: it monitors data on the S3 storage service, and is capable of identifying names, addresses, credit card numbers, driver licenses or social security numbers, stuff like that.It then monitors that data and keeps an eye out for anomalies. Source: itproportal.com Share This:

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Uber settles U.S. allegations over data privacy

“The FTC said Uber “did not take reasonable, low-cost measures that could have helped the company prevent the breach.”” writes Min Read for reuters.com. The FTC also investigated a massive data breach in May 2014 in which more than 100,000 names and license numbers of Uber drivers were stolen.Following the uproar over God View, Uber claimed in 2015 that it had a “strict policy prohibiting” employees from accessing rider and driver data.Around the same time, Uber executive Emil Michael, who has since left the company, suggested Uber should hire opposition…

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Uber settles with FTC over allegations it failed to protect customer data

“The FTC also said that Uber failed to implement basic security practices, such as two-factor authentication, that could have kept Uber’s driver data from leaking” writes Brian Fung Covers for washingtonpost.com. The FTC is not requiring Uber to pay to settle the allegations, the agency said, although Uber will be hiring an outside firm to monitor its privacy practices, and future violations of the settlement agreement could lead to financial penalties.One source of the FTC’s concern was an Uber program known as “God View,” which allowed company employees to monitor…

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