News Platforms 

Facebook shares drop as executives quit, Christchurch live-stream shooting stirs outrage

“You really need to do more @YouTube @Google @facebook @Twitter to stop violent extremism being promoted on your platforms,” Javid wrote on Twitter” writes Midwest Communications Inc for 95kqds.com. The social media companies have said they would take down content involving the mass shootings, which were posted online as the attack unfolded. Source: 95kqds.com

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News Regulators 

Fed bans two former Goldman Sachs executives from banking industry for their roles in Malaysian scandal

“The Federal Reserve on Tuesday barred two former Goldman Sachs Group executives from the banking industry for their roles in the scandal at a Malaysian investment fund” writes Senior Economics Reporter for marketwatch.com. Tim Leissner, a former Goldman partner in Asia, was one of the two executives barred by the Fed from the banking industry.Some of the money went to bribes. Source: marketwatch.com

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News Oil 

Exclusive: Pompeo to meet oil executives, push U.S. crude exports, Iran policy – sources

“The effort has won success in convincing nations including China, Poland, Japan and South Korea to purchases more U.S. oil and natural gas” writes Midwest Communications Inc for 95kqds.com. It has expanded sales of fuels, crude oil and liquefied natural gas (LNG) to Asian customers, including China in a bid to dominate worldwide energy trade after a four-decade ban on crude exports was ended by President Obama in 2016.Dubbed ‘Asia Edge’ by the administration, it aims to grow Asian energy security by further expanding U.S. oil and gas exports to…

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News Oil 

Oil majors strut into Houston for annual energy conference

“OPEC officials have said they do plan on meeting with shale executives at this year’s conference” writes Midwest Communications Inc for 95kqds.com. Those execs are wary of being viewed in collaboration with OPEC, and this year’s conference features fewer presentations from shale companies as well.”If we find surplus cash at the end of the year, or if oil prices respond quickly in a certain year, we can easily reinvest that for near term cash flow,” Gerges said.(Reuters) – The oil industry converges this week on Houston at CERAWeek, the largest…

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News 

Can Banks Safely Monetize Consumer Data?

“The first step to successful data monetization, Koch explained, is to have a successful data strategy” reports pymnts.com. Yet, it is a way, Koch emphasized, to set the innovative and creative data monetization strategies without fear of data compromise.An “internal” data monetization strategy involves “using your own data to create new products or revenue streams with existing customers,” Koch said.To drive home the fact that “data is not the boogeyman if you craft monetization strategies correctly,” Koch said.Data monetization can be complex (though probably not as complex as most people…

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News 

US tech firms fear China could be spying through power cords

“The U.S. tech firms were worried that even mundane components such as power plugs could be tapped by Beijing to access sensitive data, according to the report” writes Yen Nee Lee for cnbc.com. Fearing that China could be spying on them using power cords and plugs, several U.S. technology companies have asked their Taiwanese suppliers to shift production of some components out of the mainland, Nikkei Asian Review reported on Friday.The report cited unnamed executives from two Taiwanese companies: Lite-On Technology, a manufacturer of electronic parts, and Quanta Computer, a…

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News 

T-Mobile spent $195K at Trump’s DC hotel since Sprint merger announced, report says

“T-Mobile’s spending at the Trump International Hotel in Washington sharply increased after the company announced its merger with Sprint, according to a Tuesday report from The Washington Post” writes Marrian Zhou for cnet.com. T-Mobile executives have reportedly reserved at least 52 nights at the hotel since April.I trust regulators will make their decision based on the benefits it will bring to the US, not based on hotel choices.”. Executives and employees of T-Mobile have spent roughly $195,000 on stays and meetings at the hotel since last April, the carrier reportedly…

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News 

Japan court grants bail to former Nissan boss Carlos Ghosn after three months in jail

“A court in the Japanese capital on Tuesday granted bail to former Nissan boss Carlos Ghosn, after his third request and spending nearly four months in prison for alleged financial crimes” writes Tokyo Bureau Chief for washingtonpost.com. Hironaka questioned why the case had been brought against Ghosn now, arguing the allegations date back a decade, and would have been known about by Nissan executives.Speaking at the Foreign Correspondents’ Club of Japan on Monday, Hironaka said he had proposed strict conditions on bail to win Ghosn’s release. “It would mean less…

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