Netflix’s Reed Hastings believes AT&T Time Warner merger could be good for consumers

Netflix CEO Reed Hastings isn’t bothered by the idea of a marriage between mobile powerhouse AT&T and HBO’s parent company Time Warner, “As long as HBO’s bits and Netflix’s bits are treated the same [by regulators],” he said.

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Facebook, Amazon, Google, IBM and Microsoft come together to create historic Partnership on AI

The world’s largest technology companies hold the keys to some of the largest databases on our planet. Much like goods and coins before it, data is becoming an important currency for the modern world. The data’s value is rooted in its applications to artificial intelligence. Whichever company owns the data, effectively owns AI. Right now that means companies like Facebook, Amazon, Alphabet, IBM and Microsoft have a ton of power.

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Oculus founder responds to ‘Nimble America’ political controversy

Luckey: ‘I contributed $10,000…because I thought the organization had fresh ideas.’

Last night The Daily Beast reported that Oculus founder Palmer Luckey is the “NimbleRichMan” behind a group of Donald Trump supporters pushing anti-Hillary Clinton memes, and now Luckey has responded. In a Facebook post claiming recent news stories don’t accurately reflect his views (and light on references to either shitposting or meme magic), the 24-year-old claimed his support of the Nimble America group consisted of a $10,000 donation because he “thought the organization had fresh ideas,” and that he did not write the posts credited to the pseudonym or delete the account.

 

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Google Home is rumored to cost $130

That’s $50 cheaper than the Amazon Echo.

Google Home, the latest entrant in the voice-activated-assistant race, will cost $130 and include the colorful base options shown off at the company’s I/O conference in May, according to Android Police. Home is Google’s answer to the Amazon Echo, though the reported price means it’s $50 cheaper than Amazon’s flagship device. Earlier this year Amazon unveiled the Echo Dot, a smaller version of the assistant, and the second generation of this little gadget costs $50.

 

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Cuba has been filtering texts containing political dissent

Text messages including ‘human rights’ and ‘hunger strike’ never reached their recipients.

Cuba’s struggles with modern telecommunications have been many. Now, it looks as though the Communist country has another problem on its hands: text message censorship. SMS sent with words including “human rights,” “hunger strike” and the name of dissident José Daniel Ferrer García aren’t reaching their intended recipients according to Reuters and Cuban blog 14ymedio (Spanish). The news came to light when some Cubans noticed they were being charged for messages that never were delivered.

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Korean Supreme Court rules ex-Samsung employee leukemia cases not work related

South Korea’s Supreme Court ruled against families of ex-Samsung employees who filed suit against the nation’s welfare asking for compensation for work-related injuries.

The Supreme Court of South Korea has ruled against families of ex-Samsung employees who died from leukemia who requested compensation for work-related injuries.

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21 reported dead as shallow 6.2 quake shakes Rome, devastates towns in central Italy

Rescuers carry a person on a stretcher following a quake in Amatrice, central Italy, August 24, 2016. © Remo Casilli

A powerful 6.2-magnitude earthquake followed by a series of aftershocks has rocked central Italy. Strong tremors were felt in the country’s capital, Rome, and several small towns and villages have been seriously damaged with at least 21 people reportedly killed.

The quake hit at 01:36 GMT with an epicenter 76 kilometers southeast of the city of Perugia, the US Geological Survey reported.

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Meesho wants to make selling through WhatsApp more efficient and less painful

WhatsApp may have over one billion active users each month but it continues to frustrate the many small businesses that rely on it for sales but suffer for its lack of advanced features.

Messaging services like Line, WeChat and even Facebook Messenger have become platforms that let business users get dedicated usernames and accounts, manage group chats, set up stores and use bots for communication, all while WhatsApp remains basic. The company only added a web-based interface last year, for example. Prior to that, businesses tapping into its popularity had to literally key in all updates on a phone. That doesn’t scale when dealing with hundreds of potential customers.

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China is disrupting global fintech

In China, the abacus was mentioned by the Eastern Han Dynasty (25-220 A.D.). During the Song Dynasty (960-1279), the Chinese were the first to use paper money.

In late 2013, many Chinese raved about Yú’é Bǎo, 额宝 (“leftover treasure”), a money market fund offering roughly double the interest rates banks did. Launched by Alipay, an Alibaba subsidiary, the fund attracted 150 million clients and $93 billion within 18 months, a phenomenal feat.

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Cloud-based HR management platform HeavenHR closes €6M Series A

HeavenHR, a cloud-based HR management platform for small and medium enterprises (SMEs), has closed €6 million in Series A funding. Leading the round in the Berlin-based startup are Target Global, and Open Ocean Capital.

HeavenHR, which is just 10 months old, says the new financing will be used to continue building out the product and to accelerate growth. The company is currently active in Germany, Austria, France and Switzerland,

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