Peugeot, Fiat Chrysler hold talks over $50billion merger

The boards of French automaker Peugeot SA and Fiat Chrysler Automobiles NV on Wednesday agreed to pursue a $50 billion merger, sources familiar with the matter said, a deal that could transform the global auto industry. The two companies have yet to announce a formal agreement, and a deal could collapse as executives dig into… Read More Peugeot, Fiat Chrysler hold talks over $50billion merger

Facebook agrees to pay £500,000 fine over Cambridge Analytica scandal

Facebook has agreed to pay a 500,000 pound (an equivalent of $644,000) fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain’s information rights regulator said on Wednesday. Facebook CEO Mark Zuckerberg has faced questioning by U.S. and EU lawmakers over how the political consultancy obtained the… Read More Facebook agrees to pay £500,000 fine over Cambridge Analytica scandal

Twitter set to ban global political advertising from November 22

Twitter Inc will ban political advertising on its platform next month, the company’s chief executive said on Wednesday, a move that won praise from Democrats and scorn from Donald Trump’s presidential campaign. “We’ve made the decision to stop all political advertising on Twitter globally,” said Twitter CEO Jack Dorsey in a statement. “We believe political… Read More Twitter set to ban global political advertising from November 22

Scores dead, injured as fire sweeps through train in Pakistan

A fire swept through a Pakistani train on Thursday, killing at least 65 people and injuring nearly 40 after a gas canister that passengers were using to cook breakfast exploded, government officials said. The fire destroyed three of the train’s carriages near the town of Rahim Yar Khan in the south of Punjab province. It… Read More Scores dead, injured as fire sweeps through train in Pakistan

Turkish police foil attack plot, detain 43 suspected Islamic State members

Turkish authorities have detained 43 people suspected of belonging to Islamic State and of plotting attacks targeting celebrations of Turkey’s national day on Tuesday, police and state media said. The detentions came two days after U.S. President Donald Trump announced that Islamic State leader Abu Bakr al-Baghdadi had been killed in a raid by U.S.… Read More Turkish police foil attack plot, detain 43 suspected Islamic State members

WhatsApp files lawsuit against Israeli firm NSO Group for allegedly aiding global hack of mobile phones

WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journalists and senior government officials. In a lawsuit filed in federal court in San Francisco, messaging service WhatsApp, which… Read More WhatsApp files lawsuit against Israeli firm NSO Group for allegedly aiding global hack of mobile phones

Lebanese Prime Minister Saad al-Hariri resigns as crisis resolution fails

Lebanese Prime Minister Saad al-Hariri said he would submit his resignation on Tuesday, declaring he had hit a dead end in trying to resolve a crisis unleashed by huge protests against Lebanon’s ruling elite. The Sunni politician addressed the nation in a televised address after a mob loyal to Shi’ite Muslim groups Hezbollah and Amal… Read More Lebanese Prime Minister Saad al-Hariri resigns as crisis resolution fails

Leader of Islamic State terror group, Abu Bakr al-Baghdadi dies during U.S. raid in Syria

Iraqi state television aired on Sunday footage of what it said was a U.S. raid in Syria that reportedly killed Islamic State leader Abu Bakr al-Baghdadi. Day-time footage showed a crater in the ground and what appeared to be the aftermath of a raid, with torn blood-stained clothes on the ground. It also showed night-time… Read More Leader of Islamic State terror group, Abu Bakr al-Baghdadi dies during U.S. raid in Syria