Google must delete ‘manifestly inaccurate’ data, says EU’s highest court

Google must delete ‘manifestly inaccurate’ data, says EU’s highest court

LUXEMBOURG, Dec 8 (Reuters) – The Google Alphabet unit (GOOGL.O) must remove data from online search results if users can prove it to be inaccurate, Europe’s top court ruled on Thursday. Free speech advocates and privacy advocates have clashed in recent years over people’s “right to be forgotten” online, meaning they should be able to … Read more

Pentagon splits $9 billion cloud deal between Google, Amazon, Oracle and Microsoft

Pentagon splits  billion cloud deal between Google, Amazon, Oracle and Microsoft

Dec 7 (Reuters) – The Pentagon has awarded cloud computing contracts worth $9 billion to Alphabet Inc. Google (GOOGL.O), Amazon Web Services Inc (AMZN.O), Microsoft Corp (MSFT. O) and Oracle Corp Wednesday. The Joint Warfighting Cloud Capability (JWCC) is the multi-cloud successor to the Joint Enterprise Defense Infrastructure (JEDI), which was an IT modernization project … Read more

Wall Street dragged by recession fears, S&P on track for 4th cut

Wall Street dragged by recession fears, S&P on track for 4th cut

Meta stumbles upon EU concern report over targeted ads Energy stocks fall as crude trades at lowest level since January Indices down: Dow 1.39%, S&P 1.78%, Nasdaq 2.22% Dec 6 (Reuters) – Wall Street benchmarks fell again on Tuesday, with the S&P 500 on track for a fourth consecutive decline, amid uncertainty around the direction … Read more

US Army awards Black Hawk replacement contract to Textron’s Bell

US Army awards Black Hawk replacement contract to Textron’s Bell

WASHINGTON, Dec 5 (Reuters) – The U.S. military on Monday awarded the contract for its next-generation helicopter to Textron Inc’s Bell Unit (TXT.N), ending a years-long competition for the technology that will replace the Black Hawk utility helicopter. . The Army’s “Future Vertical Lift” competition was aimed at finding a replacement as the Army seeks … Read more

Wall St slips as services data spooks investors over Fed rate hikes

Wall St slips as services data spooks investors over Fed rate hikes

U.S. service sector activity picks up in November Tesla cuts Shanghai factory production plan for December – sources All S&P 500 sectors pull back, with energy stocks hit hard Indices down: Dow 1.4%, S&P 1.79%, Nasdaq 1.93% Dec 5 (Reuters) – U.S. markets ended lower on Monday as investors spooked by better-than-expected data from the … Read more