Trump announces plans to dissolve his family’s foundation

President-elect Donald Trump announced Saturday afternoon that he plans to dissolve his family’s foundation in the wake of questions regarding possible conflicts of interest once he takes office.

Mr. Trump issued the decision in a press release, which said the Donald J. Trump Foundation has contributed millions of dollars to groups that support veterans, law enforcement officers and children.

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Report: Mid-market companies grow more comfortable with cloud security risks

Mid-market companies are becoming more comfortable with the security risks that come with cloud adoption, a new Deloitte report finds.

After surveying 500 companies with annual revenues ranging from $100 million to more than $1 billion, Deloitte found that the biggest factor influencing the pace of adoption of cloud-based services is integration of existing applications and infrastructure — more than 25 percent of companies said so.

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Hillary Clinton’s 2015 tax return shows $10.6 million in income, 31% rate — and puts pressure on Donald Trump

WARREN, MI - AUGUST 11: Democratic presidential nominee Hillary Clinton delivers a speech on the U.S economy at Futuramic Tool & Engineering August 11, 2016 in Warren, Michigan. In her speech, Clinton contrasted her economic plan to that of Republican presidential nominee Donald Trump's. (Photo by Bill Pugliano/Getty Images)

Your move, Mr. Trump.

After hammering Donald Trump on the campaign trail for refusing to reveal his tax returns, Hillary Clinton released her latest federal income tax return Friday, showing she and Bill paid roughly a third of their multi-million dollar income to Uncle Sam.

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Exploit broker steals Apple thunder, offers $500,000 for iOS zero days

Now $200,000 seems like small change.

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It was only last week that Apple finally launched a bug bounty program, but it did not take long for exploit peddlers to outbid the tech giant.

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Qualcomm nets patent deals with China’s top two fastest-growing phone makers

Qualcomm’s busy year in China continues with news that it has agreed to patent licensing deals with two of the world’s fastest-growing smartphone companies: Oppo and Vivo.

U.S. chip firm Qualcomm was hit with a near-$1 billion fine for anti-trust violations in 2015, and since then it has gone on a licensing spree to link deals with Chinese OEMS en masse. Today, it added Vivo to the list after it announced a similar arrangement with Oppo last week.

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How Google Analytics ruined marketing

Marketers in the high-tech world who use phrases such as “social media marketing,” “Facebook marketing” and “content marketing” do not understand the basic difference between marketing strategies, marketing channels and marketing content. And Google Analytics is to blame.

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Nintendo reports $49M loss as Pokémon Go halo fails to shine

It’s finally here, folks: Nintendo’s quarterly earnings day has never been so anticipated. But the Pokémon phenomenon hasn’t translated into success for the games giant — Nintendo carded a $49 million loss (5.13 billion yen) for Q1 2016 on revenue of $587 million (62 billion yen), down 30 percent.

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Verizon’s purchase of Yahoo, explained

One of the most important companies of the first dot-com boom, Yahoo, has reached the end of its life as an independent company. Yahoo’s board approved the sale of Yahoo’s core business to Verizon in a deal valued at $4.8 billion. The company’s shareholders and regulators must still approve the deal — the companies expect it to close in early 2017.

The deal represents a stunning decline for a company that was valued at more than $100 billion at its 2000 peak. Yahoo was never really able to adapt its technology and culture for a post-2000 internet that was focused on social media and mobile devices, and so it steadily fell behind rivals such as Google and Facebook.

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Nintendo loses billions in value after ‘Pokemon Go’ truth bomb

Pokemon Go is an unprecedented success, but Nintendo recently admitted it won’t directly profit from the augmented reality game, leading to a loss of $6.7 billion in Nintendo’s market value on Monday. Nintendo’s market value rose by $7.5 billion on July 11th, just after Pokemon Go went public and became an instant, massive hit across the globe. Since its launch, Pokemon Go has added nearly $12 billion to Nintendo’s market value, meaning today’s dip, while sizable, isn’t a total disaster for the company.

 

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