Month: April 2018

Facebook’s lawyers are attempting to block a High Court decision in Ireland, where its international business is headquartered, to refer a long-running legal challenge to the bloc’s top court. The social media giant’s lawyers asked the court to stay the referral to the CJEU today, Reuters reports. Facebook is trying to appeal the referral by challenging
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Walmart’s strategy to get itself fighting fit against Amazon saw one more development today. This morning, UK supermarket chain Sainsbury’s announced a deal with Walmart to buy a majority stake in Asda, Walmart’s wholly-owned UK subsidiary. The deal values Asda at £7.3 billion ($10 billion), and if it closes will net Walmart £2.975 billion ($4
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Baidu has turned to the financial industry to bolster its consumer finance business. The Chinese search giant confirmed that it has sold a majority share in its Financial Services Group (FSG) business to a consortium of private equity firms in a deal worth $1.9 billion. The business is in the consumer finance space and its services include credit and wealth
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Thaumetopoea processionea, or the oak processionary moth, in its larval stage.Photo: Kleuske (Wikimedia Commons) Don’t underestimate the humble caterpillar. While it might not look all that dangerous compared to humans mainly worried about stings and bites, many varieties are covered in toxic spines, as residents of London are being warned this weekend. Per the New
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Steamboat Geyser at Norris Geyser Basin in Yellowstone National Park, Wyoming, in 2013.Photo: AP Yellowstone National Park is probably not about to erupt in an explosion that could wreck the immediate area and flood the state of Wyoming with ash, despite several “unusual” eruptions at the world’s largest active geyser over the course of the
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