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Is it safe to go to the shops, see a friend or get on a plane?

Gillian Tett on how to assess risk in the age of coronavirus




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WhatsApp eyes lending feature in India as Amazon rolls out Pay Later to tens of thousands of customers

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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The lockdown is driving people to Facebook

The quarantine lockdown is driving a record number of users to Facebook’s products. On a conference call, CEO Mark Zuckerberg disclosed a number of new metrics highlighting a significant bump in Facebook usage during the broader quarantine lockdown. In the past month, more than 3 billion internet users logged onto a Facebook service, including its […]




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Instagram ‘pods’ game the algorithm by coordinating likes and comments on millions of posts

Researchers at NYU have identified hundreds of groups of Instagram users, some with thousands of members, that systematically exchange likes and comments in order to game the service’s algorithms and boost visibility. In the process, they also trained machine learning agents to identify whether a post has been juiced in this way. “Pods,” as they’ve […]




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Indian education startup Byju’s is fundraising at a $10B valuation

Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million in fresh capital at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part of the […]




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Silver Lake to invest $747M in India’s Jio Platforms

Weeks after Facebook invested $5.7 billion in Jio Platforms, India’s top telecom operator, private equity firm Silver Lake is following suit — and is willing to pay a premium for it. Silver Lake announced on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% stake in the Indian […]




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Facebook to add gift cards, jobs and donation tools to its COVID-19 Community Help hub

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]




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Discover is Facebook’s new effort to help people access websites for free — but with limits

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]




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Facebook users are buying and selling pangolin parts, even though it’s illegal

In spite of their protected status under international laws, pangolins remain one of the most trafficked animals in the world — and at least some of that trade is taking place right out in the open on Facebook . A new report from tech watchdog group the Tech Transparency Project details how Facebook users are […]




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Several major iOS apps crashing at launch due to Facebook SDK issues

A number of popular apps including Spotify, GroupMe, Pinterest and TikTok were fielding user iOS crash reports Wednesday evening, the result of an apparent issues with Facebook’s SDK according to a lengthy GitHub thread on the topic. Downdetector logged tens of thousands of user crash reports on Spotify between 3:30 and 5:30 pm PT, the […]




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This early Facebook investor wants to find smart students a job at the next Facebook

For many college seniors, school is a time for self-exploration, considering options, leisurely contemplating the future. Yet that’s rarely the case for computer engineering students who either attend the world’s best universities or rise to the very top of their classes. Almost immediately after choosing their courses during the first week of school, they typically […]




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Vista Equity Partners to invest $1.5B in India’s Reliance Jio Platforms

Private equity firm Vista Equity Partners said on Friday it will invest $1.5 billion in Reliance Jio Platforms, joining social conglomerate Facebook and Silver Lake that have also made bets on the Indian telecom giant in recent weeks. The planned announcement, which would give the U.S.-headquartered software-focused buyout firm Vista Equity Partners a 2.32% stake in […]




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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]




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Lessons for pro-Europeans in the failed Remain cause

The anti-Brexit movement wasted energy on negative campaigning and parliamentary wrecking tactics




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Europe should be wary of Olaf Scholz’s proposals

The German finance minister’s proposition on EU deposit insurance are not quite what they seem




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Lagarde must resist pressure on inflation target

The new president should ensure governments grasp the interaction of fiscal and monetary policy




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A grand bargain for Europe might yet be possible

Security and climate change will be high on Ursula von der Leyen’s list of priorities




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Statistical comfort distorts our politics

The problem with bad data is that it lures us into believing false truths




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A narrow EU trade deal is the most likely way forward

The UK should not agree to proposals to stagger the talks, with fish as part of the first course




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There is a void where EU foreign policy should be

The continent could become a playground of conflicting US, Chinese and Russian interests




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The ECB should ditch its inflation target

Research shows that the policy has had an adverse effect on economic growth




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How to secure the EU’s post-Brexit future

Recognition of a two-speed Europe would help fix divides




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Merkel’s successor must confront Germany’s decline

Investment strategies have failed to prepare the country for the technology shock




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The UK’s threat to walk out of EU trade talks is real

London and Brussels have both turned these negotiations into a zero-sum game




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Europe needs a new scale of stimulus — and cash not credit

Direct payments should be made to citizens and companies




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Germany’s testing success looks real — for now

But statistics that show how many days one country is behind another are humbug




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How the next euro crisis could unfold

What if Italy cannot service its debt and a future government is tempted to default?




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How to think about the EU’s rescue fund

We do not need another big lending programme; equity investments would get us out of the credit-versus-loans debate




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Don’t blame German judges if they say No to ECB asset purchases

It would be the underlying law and EU treaty that needs changing, not the ruling




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Pinn’s illustration of the week: ‘I’m too busy to watch it’

Trump impeachment hearings go public




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Ingram Pinn’s illustration of the week: In the frame

TV debate vacates centre ground




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Pinn’s illustration of the week: Safe hands

UK election campaign fights for national health




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Ingram Pinn’s illustration of the week: Emergency emissions

COP25 attempts to confront climate change




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Ingram Pinn’s illustration of the week: Rule of law

Democrats gear up for US impeachment




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Pinn’s illustration of the week: Transition

Boris Johnson rules out trade deal extension




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Pinn’s illustration of the week: Thin ice

The world faces increasing temperatures




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Ingram Pinn’s illustration of the week: Happy New Year

Tensions in Iraq and North Korea greet Trump’s re-election plans




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Pinn’s illustration of the week: Appearing act

Carlos Ghosn takes the stage




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Pinn’s illustration of the week: Tariff truce

‘Phase one’ deal provides only limited relief in US-China trade war




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Pinn’s illustration of the week: One-click delivery

Saudis alleged to have hacked Jeff Bezos’s phone




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Pinn’s illustration of the week: Leap of faith

Boris Johnson dives into the transition period




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Pinn’s illustration of the week: State of the nation

The US Republican party rallies behind Donald Trump




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Pinn’s illustration of the week: Donkey Derby

Democratic presidential contenders cling on over early hurdles




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Pinn’s illustration of the week: Supply and demand

Tech companies caught in coronavirus disruption




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Pinn’s illustration of the week: Brothers in arms

Donald Trump visits India as sectarian violence erupts




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Ingram Pinn’s illustration of the week: Your move

Refugee crisis looms as ‘gates open’ on the Turkish border




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Pinn’s illustration of the week: Balancing the Budget

UK government spending faces increasing pressures




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Pinn’s Illustration of the week: Lockdown

Turning the key on the coronavirus crisis