News 

WhatsApp to Limit Forwarding of Messages in India to Five Chats

“In addition to a limit on the number of messages being forwarded, WhatsApp is also testing a lower forwarding limit of 5 chats at once” reports iphonehacks.com. It is important to note that while the forwarding limit applies to WhatsApp users across the globe, the restriction of forwarding only 5 chats at once and the removal of the quick sharing button next to media items applies only to WhatsApp users only in India.In a bid to counter fake news forwarding on its platform in India, WhatsApp today announced that it…

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News Oil 

The US oil boom is delivering a surprise for traders — and it’s costly

“Get the latest Oil WTI price here” writes Devika Krishna Kumar for businessinsider.com. Betting on the price spread, a popular trade in oil markets, is based on predictions of price differences between European and US market fundamentals.”As the exporter of US crude, traders are naturally long WTI and hedge their bets by shorting Brent.LONDON/NEW YORK (Reuters) – The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of US light crude to benchmark Brent in just a month, as surging US production upends…

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News 

Prince Charles tells gardeners to quiz nurseries on where their plants come from to halt spread of killer pests

“The Prince of Wales has urged amateur gardeners to interrogate their local nurseries about where their plants come from, in a bid to halt the spread of killer disease” writes Sherelle Jacobs for telegraph.co.uk. The Prince, a keen gardener, advised members of the public working on their own gardens to quiz their plant suppliers on whether they have a “biosecurity policy” to help prevent the spread of pests. Source: telegraph.co.uk Share This:

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News 

Beijing urges U.S. firms in China to lobby Washington over trade war

“South Korea’s trade ministry said the trade war could be “prolonged and spread,” adding that it would prepare responses and scenarios to cope with the economic impact of the trade row” writes Midwest Communications Inc for 95kqds.com. BEIJING/SEOUL (Reuters) – China on Thursday said foreign firms operating in China would suffer in a trade war, urging U.S. companies to lobby their government to protect their interests, and said no talks to end the impasse were currently under way.”China’s closest neighbors, namely Japan, Korea and Hong Kong, are most vulnerable to…

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Crypto News 

Silicon Valley’s hottest VCs just gave this college dropout millions to build a blockchain company called ‘Dirt’

“When Yin Wu, 29, began brainstorming names for her blockchain company, Dirt Protocol, she took the opposite approach of most founders” writes Zo Bernard for businessinsider.com. The data collected by Dirt would be stored on the ethereum blockchain, where it wouldn’t belong to any corporation or company. Source: businessinsider.com Share This:

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Markets News Regulators 

Ed Yardeni: That flawless predictor of recession and a bear market is wrong this time

“They also observe that an inversion of either yield spread does not mean that the spread causes recessions” writes Ed Yardeni for marketwatch.com. Recessions cause bear markets in stocks, which is why the yield curve has received lots of buzz recently (Fig. 3).A higher short-end of the yield curve than long-end suggests that investors expect interest rates to decline, which usually happens just before recessions.No boom, no bust:   So how can we explain the flattening of the yield curve during the current business cycle?. The yield curve is commonly measured…

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News Platforms 

WhatsApp’s label for forwarded messages won’t be enough to battle fake news

“Continuing its mission to help fight the spread of misinformation on its platform, WhatsApp is introducing a label to help identify forwarded messages” writes Abhimanyu Ghoshal for thenextweb.com. But if WhatsApp is keen on tackling the spread of fake news among 1.5 billion users, it’ll have to do better than a ‘forwarded’ label.WhatsApp came under fire after a string of lynchings took place across India owing to misleading messages spread through the service. Source: thenextweb.com Share This:

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News 

Experiment wipes out over 80% of disease-carrying mosquitoes…

“Although the process used in the experiment, called the Sterile Insect Technique, has been around since the 1950s, it has never been used for mosquitoes like the Aedes aegypti” writes Jessie Yeung for cnn.com. The sterile male mosquitoes didn’t bite or spread disease, but when they mated with wild females, the resulting eggs didn’t hatch, and the population crashed. Source: cnn.com Share This:

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News 

WhatsApp launches Indian media blitz to dispel fake news woes

“It urged users to check information before sharing it and cautioned them about the spread of fake news” writes Midwest Communications Inc for 95kqds.com. MUMBAI (Reuters) – Facebook Inc’s WhatsApp messaging platform on Tuesday published advertisements in key Indian newspapers to tackle the spread of misinformation, its first such effort to combat a flurry of fake messages that prompted mob lynchings. Source: 95kqds.com Share This:

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