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The next wave of the Internet is already underway – here are seven companies poised to power this digital revolution.
A scheme for entrepreneurs founded by Prince Andrew has taken down the logos of its corporate sponsors from its website, as firms and charities distance themselves from the British royal over a sex scandal. Andrew, Queen Elizabeth's second son, denies an allegation that he had sex with a 17-year-old girl procured for him by his friend Jeffrey Epstein, who killed himself in a U.S. prison in August while awaiting trial on sex trafficking charges. The scandal has escalated since Andrew's rambling denials and explanations in a disastrous TV interview aired on Saturday left many viewers incredulous, and his apparent lack of compassion for Epstein's victims drew widespread condemnation.
GBP/USD made a notable bullish technical break on Monday but lost momentum ahead of the 1.3000 handle to fall into a range.
(Bloomberg) -- Cisco Systems Inc. sued three former senior employees whom it accused of stealing thousands of files containing confidential information when they defected to a competitor.Shortly after resigning their jobs at Cisco this year, the three men joined an unidentified company that competes “in the IP telephony, headset, video, and collaboration space,” according to the complaint.Cisco claims that Wilson Chung, who was one of its principal engineers, downloaded more than 3,000 internal documents containing trade secrets, including information about the company’s contributions to 5G technology and its design specification for a video-conferencing prototype, before he left in February.Chung is accused of recruiting another Cisco engineer, James He, to join the competitor. At that point, He started photographing confidential Cisco documents with his iPhone and copying other company records and emails, according to the complaint filed Monday in federal court in San Jose, California.Cisco said that Jedd Williams, who was one of its sales executives, sought employment with the same competitor, telling one of its executives in an email that he could “hit the ground running” using “a play I drove VERY successfully at Cisco ... and a play that I’d like to repeat again.”In mid-October, on the same day he uploaded 12 Cisco sales forecasting spreadsheets, he announced he was leaving the company to work at his church and focus on personal issues, according to the complaint. “Mr. Williams joined the same competitor shortly thereafter.”LinkedIn profiles for men with the same names show that all three, after long stints at Cisco, now work at San Jose-based Poly, a developer of video, voice and content collaboration and communication technology.Poly declined to comment. Cisco didn’t respond to a request for comment.The case is Cisco Systems Inc. v. Chung, 19-cv-07562, U.S. District Court, Northern District of California (San Jose).(Updates with allegations in third paragraph.)To contact the reporter on this story: Robert Burnson in San Francisco at email@example.comTo contact the editors responsible for this story: David Glovin at firstname.lastname@example.org, Peter Blumberg, Joe SchneiderFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Chatter on trade remains the key driver, with negative updates from Beijing weighing on risk appetite early. The RBA added further pressure on the Aussie.
Investing.com - The U.S. dollar was little changed on Tuesday in Asia as traders await clarity on the Sino-U.S. trade developments.
The British pound initially surged higher during the trading session on Monday and a “risk on” type of move, but at this point we have seen the market feel that the 1.30 level, so it makes quite a bit of sense that we simply continue the overall consolidation.
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Investing.com - The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed.
GBP/USD advanced in early trading on Monday to take out a declining trendline that extends back to a high posted in October. The bullish break sets a positive tone with a likely first target of 1.3000.
The GBP/USD is building a flag chart pattern (red/blue lines), which typically indicates continuation. What is the main target of the uptrend?
Investing.com -- Saudi Arabia bows to the inevitable and scales down the Aramco IPO - but it could still be the world's biggest ever. Hong Kong's stock market defies the most violent clashes yet between police and students. HP rejects Xerox's bid, and sterling surges after weekend opinion polls show Boris Johnson's Conservatives on track to win a majority in parliament and break the Brexit deadlock. Here's what you need to know in financial markets on Monday, 18th November.
Nicola Mendelsohn launches the only charity in the world dedicated to finding treatments and cures for follicular lymphoma.
The Pound makes an early move, supported by the latest opinion polls. The ECB Financial Stability Review and Trade will also influence.
While economic data will influence, Beijing and Washington will likely have the greatest impact on risk appetite in the week ahead.
Cisco Systems, Inc. (NASDAQ:CSCO) shares fell 7.7% to US$45.09 in the week since its latest first-quarter results. It...
Cymplify's IoT cyber security technology will help Check Point (CHKP) to proactively combat IoT-related threats and vulnerabilities without affecting critical operations.
We searched for semiconductor stocks utilizing our Zacks Stock Screener that investors might want to consider buying ahead of what could be a strong year for chip companies in 2020...