Waterstones head James Daunt is being brought in by Barnes and Noble to turn its fortunes around. Elliot Management, a prominent hedge fund, is behind this appointment. It is currently taking over the book retailer with this appointment as an integral part of the package. It also owns Waterstones, a UK based book retailer. B&N
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Wages rises and job creation fell below expectations last month. Only 75,000 jobs were produced, compared to 185,000 expected by top analysts, as per BLS. The dollar’s value fell as this slow pace of the economy could mean a rate decrease by the Federal Reserve. However, unemployment is at around 3.6%, the least it’s been
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BT- owned EE has become the first to launch a 5G network in UK. The most awaited arrival was welcomed with a song by rapper Stormzy and flash of fireworks. However the service is limited to only few numbers of cities currently. As part of testing the technology, Rory Cellan-Jones, technology correspondent of BBC had
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Research suggest that artificial intelligence or AI can be used to spot scammers who make use of dating sites in tricking people and getting money. Fake profiles can be tracked by using neural network which analyses the profile, images and messages of real data. Researchers said that in 93% of the cases the system was
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The major clothing company North Face has expressed their apology for having manipulated Wikipedia for making their product’s images to remain more prominent among Google search results. Following this they had to face criticisms from Wikimedia foundation. The ad agency, Leo Burnett Tailor Made’s Brazilian subsidiary was responsible for inserting images of models who wore
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According to sources America is all set to close preferred trade status which it had offered to India. In a recent press event, President Donald Trump stated that he will end the preferred trade status of India and US in upcoming week. Previously, India had cashed great benefits as US has allowed several goods to
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The Smartphone market has both competitors Apple and Samsung fighting for a larger portion of consumer preference in the U.S. Though Apple was in the limelight for quite some time, Huawei had been able to climb up slowly by getting more number of users. With Smartphone sales picking up, Huawei could overtake Apple in recent
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