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Technology

French Court Annuls Google’s $1.27 Billion Back Tax Bill

By Ytech on Wednesday, July 12, 2017

A French court annulled a 1.1 billion-euro ($1.27 billion) tax adjustment imposed on Google by France’s tax authorities, saying Wednesday that the way the California firm operates in France allows it to be exempt from most taxes. The French tax …

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Science

Pioneering Cancer Gene Therapy by Novartis Backed by US Panel

By Yscien on Wednesday, July 12, 2017

Novartis AG’s pioneering cancer drug won the backing of a federal advisory panel Wednesday, paving the way for the first gene therapy to be approved in the United States. An advisory panel to the Food and Drug Administration voted 10-0 …

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Technology

Tech Firms Protest Proposed Changes to US Net Neutrality Rules

By Ytech on Wednesday, July 12, 2017

Facebook, Twitter, Alphabet and dozens of other major technology companies protested online on Wednesday against proposed changes to U.S. net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others. In support of …

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Science

Billions of People Lack Safe Water, Sanitation

By Yscien on Wednesday, July 12, 2017

A new report finds more than two billion people lack access to safe drinking water and more than twice that number or 4.5 billion people lack safe sanitation. The report by the World Health Organization and U.N. Children’s Fund is …

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Economy

Zambia Emergency Declaration Divides Politics, Could Scare Investors

By Yeco on Wednesday, July 12, 2017

Zambia’s parliament has imposed a 90-day state of emergency, after the president last week declared the need for one. The situation is likely to deepen the political crisis in the country, and analysts say it also could scare away much …

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Science

Giant Iceberg Breaks Off Antarctica

By Yscien on Wednesday, July 12, 2017

Scientists say an iceberg the size of Bali has broken away from the continent of Antarctica. The iceberg, which is likely to be named A68, measures 5,800 square kilometers and weighs over one trillion tons, making it one of the …

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Economy

Iraq Plans to Offer New Exploration Rights for Oil, Gas

By Yeco on Wednesday, July 12, 2017

Iraq says it will offer new oil and gas exploration rights as it looks to boost energy revenues to fund its war against the Islamic State group and shore up its finances amid low oil prices.   Oil Minister Jabar …

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Economy

Yellen Words to be Parsed for Clues to Rates, Her Future

By Yeco on Wednesday, July 12, 2017

When Janet Yellen delivers her testimony on the Federal Reserve’s semiannual report to Congress on Wednesday, investors may listen as much for clues to her own future – and the Fed’s – as they will to what she says about …

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Technology

Solar Panels Have Become Major Source of Energy in Ravaged Syrian Communities

By Ytech on Wednesday, July 12, 2017

Environmentalists promote solar energy as an option to reduce pollution, but in places without a central electricity supply solar panels can be a practical solution. They are frequently used by nomads moving through the desert, and people living in remote …

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Technology

High Tech Gives Wimbledon a New Look

By Ytech on Wednesday, July 12, 2017

Not all the action now underway at Wimbledon is on the tennis court. In back rooms on the tournament site, technology is taking the matches to a whole new level. It offers the most immersive view to tennis fans, whether …

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Economy

Takata Announces Another Recall of Air Bags

By Yeco on Wednesday, July 12, 2017

Japanese car parts company Takata on Tuesday recalled another 2.7 million air bags that it previously thought were safe. The recall affects certain Ford, Mazda and Nissan cars from the 2005 through 2012 model years. Takata’s air bags are inflated …

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Economy

With Boko Haram Threat Receding, Nigeria Allows Fishing to Resume in Lake Chad

By Yeco on Wednesday, July 12, 2017

Three years ago, at the peak of the Boko Haram insurgency, Nigerian soldiers stopped all fishing activities in the country’s section of Lake Chad. Militants had infiltrated the ranks of the fishermen, the army said, and were using the guise …

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Technology

Intel Introduces New Chips in Bid for Data Center Business

By Ytech on Wednesday, July 12, 2017

Intel Corp. on Tuesday announced a new line of microprocessors for data centers, setting up a battle with Advanced Micro Devices and others for the lucrative business of supplying the chips that power cloud computing. The new Xeon Scalable Processor …

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Science

Family Planning Summit Overshadowed by US Funding Cut

By Yscien on Wednesday, July 12, 2017

Donor countries at a London summit pledged Tuesday to increase funding for family planning, but proposed cuts to family planning programs by the U.S. government overshadowed the conference. The largest boost in donations announced at the Family Planning Summit came …

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Technology

Trump Administration Limits Government Use of Kaspersky Lab Software

By Ytech on Wednesday, July 12, 2017

The Trump administration on Tuesday removed Moscow-based Kaspersky Lab from two lists of approved vendors used by government agencies to purchase technology equipment, amid concerns the cybersecurity firm’s products could be used by the Kremlin to gain entry into U.S. …

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Technology

Twitter Hires ex-Goldman Managing Director as CFO

By Ytech on Wednesday, July 12, 2017

Twitter on Tuesday hired Ned Segal, senior vice president of finance at Intuit and a former managing director at Goldman Sachs Group, as its chief financial officer beginning in late August. Anthony Noto, who has been serving as Twitter’s CFO …

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Technology

Report: Small Satellites Driving Space Industry Growth

By Ytech on Wednesday, July 12, 2017

Small satellites used for observing conditions on the earth are the fastest growing segment of the $260.5 billion global satellite industry, the Satellite Industries Association said in an annual report released on Tuesday. Small satellites, some no bigger than a …

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Technology

Facebook Expands Ad Testing on Messenger Globally

By Ytech on Tuesday, July 11, 2017

Facebook Inc. said Tuesday that it was testing advertising on its Messenger app globally as the world’s largest social media company looks to further monetize its popular chat service. Ads will be displayed on the home tab of the Messenger …

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Science

Michigan Imposes Prison Term for Female Genital Mutilation

By Yscien on Tuesday, July 11, 2017

Doctors and parents involved in female genital mutilation will face up to 15 years in prison under new Michigan laws. Female circumcision or cutting is already a federal crime punishable by five years in prison. Michigan Gov. Rick Snyder signed …

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Science

Researchers Design Intervention to Stop Abuse of Mothers During Childbirth

By Yscien on Tuesday, July 11, 2017

Reports over the past decade have drawn global attention to shocking abuses some women have been subjected to during childbirth in developed and developing countries. The maltreatment has ranged from lack of privacy and neglect to forced sterilization, sexual and …

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Science

Tech Companies Wage War on Disease-carrying Mosquitoes

By Yscien on Tuesday, July 11, 2017

American technology companies are bringing automation and robotics to the age-old task of battling mosquitoes in a bid to halt the spread of Zika and other mosquito-borne maladies worldwide. Firms including Microsoft and California life sciences company Verily are forming …

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Science

Banks Worth $7 Trillion Pledge to Calculate Costs of Climate Risks

By Yscien on Tuesday, July 11, 2017

Eleven of the world’s biggest banks pledged on Tuesday to find out how much exposure they have to risks related to climate-change, a move backed by environmentalists who say better information on the costs of global warming will push lenders …

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Economy

Trial Begins in Japan for CEO of Failed Bitcoin Exchange Mt. Gox

By Yeco on Tuesday, July 11, 2017

The former chief executive officer of the failed Bitcoin exchange Mt. Gox pleaded not guilty to charges that he stole hundreds of millions of dollars’ worth of the virtual currency. French-born Mark Karpeles appeared Tuesday in Tokyo District Court at …

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Technology

Whiskey Byproduct Will Power Cars

By Ytech on Tuesday, July 11, 2017

Every now and then, it pays to revisit abandoned methods for using a waste product of an industrial process. Researchers in Scotland found a profitable way to use byproducts of whiskey production to power cars, without any modifications to the …

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