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Elliott Abrams, the U.S. envoy for Venezuela, cautioned socialist President Nicolas Maduro against acting against self-proclaimed interim president Juan Guaido, saying on Wednesday that such action would be an "extremely foolish move."
Security forces detained the daughter of Sudanese opposition leader Sadiq al-Mahdi on Wednesday, her family said, as anti-government protests spread to the capital`s main university.
President Hassan Rouhani said that severe American economic sanctions, not the Iranian government, should be blamed for problems like a crashing currency and rising costs.
The Saudi-led coalition is prepared to use "calibrated force" to push the Iranian-aligned Houthi movement to withdraw from Yemen`s Hodeidah port city under a U.N.-sponsored deal, a senior United Arab Emirates official said on Wednesday.
Mark Green, head of the U.S. Agency for International Development, spoke with Venezuela`s self-proclaimed interim president Juan Guaido on Wednesday, a spokesman said.
A U.S.-born anchor for Iran’s state-run Press TV arrived in Iran on Wednesday after 10 days of detention in the United States, Press TV reported.
The Sudanese army issued a statement on Wednesday saying it would not allow the state to collapse, following weeks of mass protests demanding an end to President Omar al-Bashir`s 30-year rule.
Prime Minister Benjamin Netanyahu`s toughest rival in Israel`s April election, a popular former general, made strong gains on Wednesday in the first opinion polls released after his inaugural campaign speech.
A law firm appointed to act as a buffer between Russian metals magnate Oleg Deripaska and one of his businesses, under a deal that allowed Washington to lift sanctions on the firm, has worked closely with Deripaska for years.
U.S. President Donald Trump spoke to Venezuela`s self-proclaimed interim president by phone on Wednesday, reiterating support for his "fight to regain democracy," as Washington`s push to force socialist President Nicolas Maduro from power picked up steam.
France said on Wednesday that Venezuelan leader Nicolas Maduro appeared not to be heeding calls for new presidential elections and that European foreign ministers would discuss next steps in Bucharest on Thursday.
Industrial machines could be trained to be less clumsy if we gave them a sense of touch and a better sense of real world physics.
A U.S.-born anchor for Iran’s state-run Press TV arrived in Iran on Wednesday after 10 days of detention in the United States, Press TV reported.
Ireland`s Prime Minister Leo Varadkar told British Prime Minister Theresa May he would not accept her plans to renegotiate a post-Brexit arrangement for the Irish border and said the so-called Irish "backstop" needed to be legally robust.
The U.N. nuclear watchdog policing Iran`s deal with major powers said on Wednesday that attempts to pressure it on inspections were "counter-productive and extremely harmful", though it stopped short of naming those responsible.
Zimbabwe`s public sector unions were divided on Wednesday over whether to launch a national strike after wage talks with the government failed, leaving the country on edge over the possibility of more unrest.
Ireland accused British Prime Minister Theresa May of wishful thinking on Wednesday for seeking to renegotiate a post-Brexit arrangement for the Irish border in an attempt to get backing for Britain`s EU divorce deal in parliament.
Time is too short to find an alternative arrangement to the Irish backstop and Britain`s divorce deal with the European Union will not be re-opened for negotiation, the EU chief Brexit negotiator Michel Barnier said on Wednesday.
Two Kuwaiti lawmakers were expelled from the parliament on Wednesday, several years after they were sentenced to jail terms for forcing their way into the parliament building in 2011.
Vale SA`s shares recovered some extensive recent losses on Wednesday that were triggered by a deadly tailing dam collapse, after the world`s largest iron ore producer announced a plan to sacrifice production for safety.
A powerful Hindu priest said on Wednesday he would lead a group of followers to start building a Hindu temple on the ruins of a 16th-century mosque, which could violate a court order and raise religious tensions in an election year.
U.S. President Donald Trump spoke to Venezuela`s self-proclaimed interim president by phone on Wednesday, reiterating support for his "fight to regain democracy," as Washington`s push to force socialist President Nicolas Maduro from power picked up steam.
Afghanistan`s President Ashraf Ghani said on Wednesday that the "keys to war are in Islamabad, Quetta, Rawalpindi" - all cities in Pakistan - suggesting the neighboring country was a safe haven for cross-border militant activities.
European Commission President Jean-Claude Juncker told British Prime Minister Theresa May on Wednesday that the bloc`s Brexit divorce deal with London cannot be renegotiated.
CAIRO - 30 January 2019: Cairo Criminal Court sentenced on Wednesday Souad al-Khouli, former deputy governor of Alexandria, to 12 years in prison and ordered removing her from her job over bribery.

Security forces arrested Khouli in August 2017 in the General Office of Alexandria Governorate overcharges including bribery and damage of public money.

Investigations confirmed that the deputy received money, material gifts and gold jewelry worth more than LE 1 million (56,484) from businessmen in return for exploiting her powers, which caused losses of about LE 10 million from the public money.



The Administrative Control Authority (ACA) – the regulatory body responsible for enforcing laws and regulations within state bodies – has ordered the arrest of numerous officials over the last two years, within the framework of the leadership’s fight against corruption.

President Abdel Fatah al-Sisi has always stressed on applying strict measures within the government institutions to crack down any violation. He hailed the role played by the ACA in different occasions.

In November, a judicial court in Giza sentenced former Monufia Governer Hesham Abdel Baset to 10 years in prison and ordered him to pay a fine of LE 15 million over charges of bribery.

In February 2018, Cairo Criminal Court sentenced former Helwan governor Hazem el-Qowaidi to five years in prison and a fine of LE 50,000 over receiving bribes during his tenure.

Featured in Ripley`s Believe It or Not!

abandoned shark

Luke McPherson was walking through a dark building in an abandoned wildlife park when he came across a huge tank of murky green liquid. Passing by the tank and continuing into the building, he saw scattered remnants of educational displays, trash, disused signs, and chairs. It wasn’t until he stepped behind the tank and turned to face it again that he saw what it held.

Now illuminated from behind, the animal inside the opaque fluid revealed itself. McPherson gasped as he could see the angular tail of a five-meter-long shark, long dead, a dark silhouette waiting silently against the green glow of sunlight.

McPherson was filming for his Youtube channel, which focuses on the exploration of abandoned buildings. Luckily, he caught the discovery on camera. “It was just amazing that the shark tank was just in perfect condition,” he said.

This is what remains of an enormous display of something like taxidermy, reminiscent of the artist Damien Hirst’s most famous piece. The shark that McPherson found is bigger, though.

abandoned shark

This wildlife park was once a popular attraction in Victoria, Australia called “Wildlife Wonderland.” It had live animals and a museum shaped like a 100-meter-long earthworm, along with educational displays and games. Many of the displays, signs, pictures, and games are still there, dilapidated and haunting.

While the park in its heyday remains a fond memory for many who grew up in this area around Bass, Victoria, it closed in 2012. According to some reports, the park didn’t have a license to display native animals, in violation of the Wildlife Act 1975. The operator was evicted and he closed down the park, giving the animals to DSE and the RSPCA.

Well, the live animals, anyway. The shark remains.

The shark, a great white named “Rosie,” died in a tuna fishing net in 1998. This fate is all too common for sharks; Oceana calls accidental catches from the fishing industry “one of the biggest issues facing sharks today.” An artist took Rosie, preserved her body, and gave her to Wildlife Wonderland. According to Robert Jones, who half owned the park from 2003-2006, Rosie was never gutted, unlike most fish and taxidermy, and the body is as hard as a rock.

It’s not clear what chemicals were used to preserve this particular animal in what is known as “chemical fixation,” but McPherson could smell something. “It was quite a strong smell that came from that solution too, because people had removed the top part of the tank,” he said. “It was almost a glue smell.”

Because the top part of the tank was removed, the liquid appears to be evaporating, leaving the tip of Rosie’s dorsal fin extending ominously above the waterline. If no one comes to preserve the shark, more liquid will evaporate, her condition will worsen, and she will most likely be destroyed.

Whatever happens to Rosie’s body, she’ll live on in photos, videos, and memories of those who visited her in Wildlife Wonderland.


By Kristin Hugo, contributor for Ripleys.com

Source: Abandoned Shark Found In Defunct Wildlife Park

Britain`s agreement on leaving the European Union is non-negotiable, Sweden`s EU minister said on Wednesday, underlining the problems UK Prime Minister Theresa May will have extracting concessions from Brussels in the coming weeks.
Britain`s parliament has demanded that Prime Minister Theresa May renegotiate a Brexit divorce deal that the other members of the European Union say they will not reopen.
A Turkish court ruled on Wednesday that a U.S. consulate employee in the southern city of Adana be released after it convicted him of membership and support for an armed terrorist organisation.
Ethiopian prosecutors on Wednesday charged the former president of the Somali Region and 46 others with instigating ethnic violence there last year, as the new prime minister cracks down on the security services and senior members of past administrations.
CAIRO - 30 January 2019: Earlier this month, a campaign was launched on social media to boycott car purchases for the hike in their prices. Egypt Today talked to the spokesperson of the Alexandria Port Authority (APA) to know if the number of imported cars had decreased.

Reda al-Ghandour stated that “Let it Rust” campaign had no impact on the number of cars existing at Alexandria and Dekhela ports. “The meantime is the season of cars importation. That is why the number of cars at the ports is higher than the rest of the year,” Ghandour explained.

The spokesperson stated that 70 percent of cars imported by Egypt arrive at the abovementioned ports, and that the annual season extends from September to January. Ghandour revealed that 49,740 cars arrived between November 1 and January 27 with an increase of 26.5 percent than the previous season.

The great majority of those cars received customs clearance so as the remaining ones recorded 4,191.

31
Imported cars parked in Alexandria port in January 2019 - Egypt Today/Heba Hossam

The spokesperson clarified that importers finish the clearance in a short period of time because they pay different types of fees for every day the car remains in the port.

Ghandour revealed that around 10,000 trucks transport goods into and out of Alexandria port daily. He added that the imports of different types of goods increased this year. The rates vary between 2 and 48 percent.

The authority started to execute certain projects to encompass the annual increase in imported goods, including a multi-storey garage, as storage at the port has almost reached full capacity, Ghandour said.

Egypt Today contacted the spokespeople of the ports of Safaga, Hurghada, Nuweiba, Port Said, Suez Canal, and Damietta to check if any of those ports witnessed accumulation of imported cars. They all denied the rumors saying that the campaign had resulted in the accumulation of imported cars in ports.
CAIRO - 30 January 2019: The Egyptian government approved on Wednesday a bill that stipulates sentencing to death those who"import or export synthetic substances that cause harm to the body, mind or the nervous system," in efforts to limit prohibited drug trade.

The bill approved during a ministerial meeting headed by Prime Minister Mostafa Madbouli modifications to some articles of Law no. 182 of 1960 on combating narcotic abuse and illegal drug trade. Formerly, the law stipulated punishing drug essence importers and exporters by life imprisonment and a fine ranging from LE 3,000 to 10,000.

The new bill punishes possessors of such substances by a rigorous life sentence and a fine ranging between LE 100,000 (5,664) and LE 500,000 (28,319).

Owners of places prepared for illicit drug consumption will also face rigorous imprisonment and a fine of at least LE 200,000 and not more than LE 300,000, according to the bill.

Concerning drug abuse, the bill stipulates sentencing illicit drug consumers to at least one year in prison and a fine that does not exceed LE 10,000 (566) and not less than LE 1,000 (57).

The bill has been approved with the aim of confronting the spread of all types of narcotics, particularly synthetic substances which seriously harm the society, specifically the youths, according to official statement.

The

modified law

was issued in 1960 during the term of former President Gamal Abdel Nasser.

The law names 45 substances that are considered by the Egyptian law to be prohibited narcotics, mainly raw opium, all salts of morphine, raw cocaine, and cannabis extracts including Hashish.
More than 100 migrants are believed missing and 38 confirmed dead off the coast of Djibouti after two boats capsized, the U.N. migration agency said on Wednesday.
Britain`s parliament has demanded that Prime Minister Theresa May renegotiate a Brexit divorce deal that the other members of the European Union say they will not reopen.

Meng Wanzhou

  • The US has requested the extradition of Huawei CFO Meng Wanzhou from Canada.
  • Meng was arrested in Canada on December 1, and her case has rocked Canadian politics as well as relations with China, which has claimed the arrest was politically engineered by the US.
  • The US indicted Meng and Huawei on Monday, accusing the tech giant of flouting US sanctions and stealing trade secrets from T-Mobile.
  • Meng and Huawei deny any wrongdoing.

The US has officially requested the extradition of Huawei CFO Meng Wanzhou from Canada, The Wall Street Journal reports.

Canada said it received the extradition request on Tuesday, according to The Journal, a day before the deadline for the US to submit the request. Meng was arrested during a stopover in Vancouver, British Columbia, on December 1 on suspicion of breaking US trade sanctions.

On Monday, the US indicted Meng and Huawei, accusing the tech giant of circumventing US sanctions on Iran and stealing trade secrets from T-Mobile. Sen. Mark Warner called the company a "national security threat," believing the company to be acting as a backdoor for the Chinese government.

Read more: Huawei is accused of attempting to copycat a T-Mobile robot, and the charges read like a comical spy movie

Meng and Huawei have denied any wrongdoing.

China has repeatedly decried the move as politically engineered by the US. The Journal reports that Canadian officials have until March 1 to review the request.

The question of Meng`s extradition has sent ripples through Canadian politics. Prime Minister Justin Trudeau on Saturday fired Canada`s ambassador to China, John McCallum, after he said the US dropping its plans to lodge an extradition request would be "great for Canada."

Meng`s arrest also prompted retaliation from China, which subsequently detained two Canadian citizens and put another on death row.

Business Insider contacted Huawei for comment on the extradition request.

SEE ALSO: What you need to know about Meng Wanzhou, a Chinese tech founder`s daughter whose arrest could set fire to US-China relations

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NOW WATCH: British Airways has a 13 million flight simulator that taught us how to take off, fly, and land an airplane

facebook ceo mark zuckerberg

  • Facebook is pulling an iOS research app following a TechCrunch report that revealed it paid people, including teenagers, to allow it to gather data about them.
  • Facebook stood by the app when the news broke, saying it had no plans to take it down. Hours later, it confirmed it was taking the app off Apple devices.
  • Facebook did not immediately confirm whether it would also take the app off Android.

Facebook has shut down an iOS app that installed intrusive data-gathering software on people`s phones, just hours after vigorously defending the project.

TechCrunch on Tuesday reported that Facebook had set up an app, named Facebook Research, that paid people up to 20 a month to install a VPN that tracked their data.

Among others, it enlisted 13- to 17-year-olds, who had to get a parental-consent agreement signed through a tick box to take part in the program. Facebook said less than 5% of the participants were teenagers.

Read more: Facebook got caught paying people 20 a month to let them spy on their phones

Initially, Facebook defended the program, and a spokesman told Business Insider that it had no plans to end Facebook Research as a result of TechCrunch`s report.

But about five hours after publishing, TechCrunch`s Josh Constine reported that the app had been shut down on iOS.

Update! Facebook is shutting down its iOS Research app after we exposed its policy problems and sparked criticism from all of you. Thanks for spreading the word! pic.twitter.com/w1FCeb9RTk

— Josh Constine (@JoshConstine) January 30, 2019

Facebook confirmed to Business Insider that the program was shutting down on Apple devices but did not immediately answer whether the same would be true for Android.

Facebook has rubbed Apple up the wrong way over intrusive apps before. Apple previously banned Facebook`s VPN app Onavo, and the TechCrunch report suggested that much of this new app was lifted directly from Onavo`s code. A Facebook spokesman stressed to Business Insider that Facebook Research was not built to replace Onavo.

Responding to Business Insider`s request for comment, the spokesman said the app was not as bad as people thought. He said:

"Key facts about this market research program are being ignored. Despite early reports, there was nothing `secret` about this; it was literally called the Facebook Research App.

"It wasn`t `spying` as all of the people who signed up to participate went through a clear onboarding process asking for their permission and were paid to participate.

"Finally, less than 5 percent of the people who chose to participate in this market research program were teens. All of them with signed parental consent forms."

SEE ALSO: An Arizona teenager discovered Apple`s FaceTime bug while playing `Fortnite` last week, but he and his mother couldn`t convince Apple that it was a big deal

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NOW WATCH: 7 science-backed ways to a happier and healthier 2019 that you can do the first week of the new year

Brexit negotiators are "running out of road" to avoid a scenario where Britain crashes out of the European Union without a deal, Irish Foreign Minister Simon Coveney said on Wednesday.
There are no plans or pressure to hold an emergency summit of European Union leaders to discuss British Prime Minister Theresa May`s wish to renegotiate her Brexit divorce deal, Irish Prime Minister Leo Varadkar said on Wednesday.

Chris Wylie

  • Cambridge Analytica whistleblower Christopher Wylie has got a new job at fashion retailer H&M.
  • He is helping with "consumer, product and market insights" and H&M`s move into ethical AI.
  • Wylie, who topped Business Insider`s Tech 100 list last year, has dropped clues about his new role on Twitter.

Christopher Wylie, the man who brought Facebook to its knees by blowing the whistle on the Cambridge Analytica data breach last March, has got a new job.

As reported by Bloomberg, Wylie has taken on a consultancy contract at H&M, under which he will act as the Swedish fashion retailer`s research director.

H&M confirmed the hire in a statement to Business Insider. A spokeswoman said Wylie will help improve H&M`s "consumer, product and market insights." He will also support work on "sustainable and ethical AI."

"We are very excited about the expertise within these areas that Christopher Wylie brings to the company," the representative added. BI has contacted Wylie for comment.

Read more: Christopher Wylie says he was pushed into traffic and assaulted after exposing Facebook`s bombshell data scandal

The data scientist, who has spent much of the last year talking to lawmakers about the Cambridge Analytica breach and raising awareness for privacy issues, has dropped clues about his new role on Twitter.

Wylie has tweeted twice this month about trips to Sweden. H&M`s head office is in Stockholm.

Evening flight back to Sweden 🇸🇪 pic.twitter.com/IkYF4z4uTr

— Christopher Wylie 🏳️‍🌈 (@chrisinsilico) January 20, 2019

Wylie told Business Insider last year that he has been working as a consultant for a "long time." He has been helping organizations understand the "social policy implications" of tech.

Wylie was named as the most influential person in British tech in BI`s Tech 100 last year.

SEE ALSO: The 100 coolest people in UK tech

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NOW WATCH: Jeff Bezos is worth over 100 billion — here`s how the world`s richest man makes and spends his money

fintech

  • While global fintech funding hit a record high last year, M&A in the space hasn`t followed suit.
  • Banks have largely shied away from buying fintech companies, according to a new report.

Global fintech funding hit record high last year, but M&A in the space hasn`t followed suit.

VC-backed fintech companies raised nearly 40 billion (up 120%) across 1,707 deals globally (up 15%) over the past year, according to data tracker CB Insight`s latest fintech report on Tuesday. 

Despite this funding surge, big banks have largely stayed on the sidelines when it comes to buying these upstarts.  

From 2013 to January 2019, banks acquired or took majority stakes in a total of 20 fintech companies. Goldman Sachs was the most active fintech buyer over this time-period, acquiring companies including personal finance app Clarity Money and credit card startup Final.

Big banks are largely known for their archaic, slow-moving technology systems — why aren`t they buying disruptive fintechs at a faster clip? 

Sign up here for our weekly newsletter Wall Street Insider, a behind-the-scenes look at the stories dominating banking, business, and big deals.

Regulatory challenges to getting deals approved are the biggest impediment, said Lindsay Davis, a senior intelligence analyst at CB Insights. In addition, it`s cumbersome to integrate cloud-native startups into the banks` legacy infrastructure. Finally, there are cultural barriers — it`s tough to bring in a young entrepreneurial team and integrate them into a structured banking environment. 

 

Global fintech investments between 2014 and 2018

This trend is likely to continue in 2019, as these challenges will continue to hinder banks` efforts to do big deals, Davis said.

To be sure, big banks are still making investments in startups, even if they aren`t making outright acquisitions. A separate CB Insights report shows that the 11 largest US banks by assets participated in 49 equity rounds to fintech startups through November 2018. 

Another trend the report highlighted is North America`s role as the powerhouse underpinning global fintech funding growth is weakening. 

In 2018, deal-making activity in US reached a 5-year high, with fintech upstarts raising nearly 12 billion. Yet, that figure is overshadowed by a big uptick in Asia. During the same period, Asian fintech companies raised 22.6 billion across 516 deals. Ant Financial, which runs one of China`s most popular mobile pay systems Alipay, made a total of 14 billion investments in fintech, accounting for a whopping 35% of total funding into the industry.

"The US has been a global leader in the last 10 years, but Asia has quickly caught up," Davis said. "Even though the US continues to be a leader, Asia is closing the gap. "

The US has also lagged behind Asia when it comes to the adoption of digital payments. North America still heavily relies on payments methods like cash and cards, whereas in Asia, mobile payments apps like Alipay and WeChat Pay have sweepingly pushed those countries towards cashless economies.

Read more:

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NOW WATCH: The founder of the World Economic Forum shares what he sees as the biggest threat to the global economy

alibaba daniel zhang

  • Alibaba beat on earnings, but missed on sales.
  • The company`s core commerce increased 40% year-over-year and its cloud computing increased a whopping 84% YoY.
  • Watch Alibaba trade live.

Alibaba, China`s biggest e-commerce site, was up more than 3% early Tuesday after posting better-than-expected profits for the third quarter. But, quarterly revenue fell short of Wall Street estimates amid China`s economic slowdown. 

The tech giant said it earned 12.19 Chinese yuan a share (1.77), topping the 11.21 Chinese yuan (1.68) that was expected by Wall Street, according to Bloomberg data. The company generated 117.3 billion Chinese yuan (17.1 billion) in revenue, while analysts were expecting 119.4 billion Chinese yuan.

"Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 million consumers across retail, digital entertainment and local consumer services," said CEO Daniel Zhang in a press release.

"Our growth is also driven by the power of Alibaba’s cloud and data technology that helps expedite the digital transformation of millions of enterprises."

The company said sales from core commerce increased 40% year-over-year to 102.8 billion Chinese yuan (14.96 billion) and its cloud-computing revenue surged 84% YoY to 6.6 billion Chinese yuan (962 million).

In November 2018, Alibaba`s Singles Day event marked the biggest online-shopping day in history, with 30.8 billion in sales in 24 hours, a significant increase from 2017, when customers spent 25.3 billion. Despite its record-breaking sales, Alibaba Singles Day`s gross merchandise volume annual growth rate dropped from 39% to 27%, the smallest rate increase in the event`s 10-year history, signaling a weaker macro environment in China.

In the fourth quarter, China`s economy grew at a 6.4% year-over-year rate, the weakest since the financial crisis. 

Alibaba was down 20% in the past twelve months. 

Alibaba

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NOW WATCH: I went on Beyoncé`s 22-day diet — and I lost 15 pounds

bill gates

In 1999, Bill Gates wrote a book titled "Business @ the Speed of Thought."

In the book, Gates made 15 bold predictions that at the time might have sounded outrageous.

But as Markus Kirjonen, a business student, once noted on his blog, Gates` forecasts turned out to be eerily prescient.

Here are the 15 predictions Gates made just about 20 years ago — and how close they`ve come to being true.

Eugene Kim and Biz Carson contributed to earlier versions of this slideshow.

SEE ALSO: 19 crazy facts about Bill Gates` 125 million mansion

No. 1: Price-comparison sites.

Gates` prediction: "Automated price comparison services will be developed, allowing people to see prices across multiple websites, making it effortless to find the cheapest product for all industries."

What we see now: You can easily search for a product on Google or Amazon and get different prices. Sites like Kayak and Expedia help people find the cheapest price for a flight, while Google Shopping and Microsoft`s own Bing Shopping help find bargains for everything else.



No. 2: Mobile devices.

Gates` prediction: "People will carry around small devices that allow them to constantly stay in touch and do electronic business from wherever they are. They will be able to check the news, see flights they have booked, get information from financial markets, and do just about anything else on these devices."

What we see now: Smartphones, smartwatches, speakers like the Amazon Echo, and even headsets like the Microsoft HoloLens give users a way to have all of their information on hand at all times. 



No. 3: Instant payments and financing online, and better healthcare through the web.

Gates` prediction: "People will pay their bills, take care of their finances, and communicate with their doctors over the internet."

What we see now: Tech hasn`t been able to change healthcare the way Uber changed transportation, but sites like ZocDoc aim to make finding a doctor and scheduling easier. Startups like One Medical and Forward are trying to change what the doctor`s office is like by offering monthly memberships for online and data-driven healthcare. Plus, big HMOs like Kaiser Permanente now offer video-chat medical consultations via smartphone.

You can also now borrow money online through sites like Lending Club and easily make payments through sites and apps like PayPal and Venmo.



See the rest of the story at Business Insider
Britain`s main opposition Labour Party has no confidence Prime Minister Theresa May can achieve the kind of changes she has promised parliament to win it over to her deal to leave the European Union, a spokesman said on Wednesday.
The risk that Britain will crash out of the EU without an agreement is low but rising, while the likelihood that it will delay Brexit is growing, banking analysts said on Wednesday after mixed messages from votes in parliament.
Venezuela`s socialist leader Nicolas Maduro accused U.S. President Donald Trump of ordering his assassination while his main global backer Russia called on Wednesday for mediation in a standoff deepening geopolitical splits.
A demining team came under gunfire while trying to clear access to grain silos in Yemen`s port city of Hodeidah, a lifeline for millions facing starvation, with both parties to the conflict blaming the other for the incident late on Tuesday.

Mark Zuckerberg

  • Facebook is set to release quarterly earnings after the closing bell on Wednesday.
  • The stock is expected to see post-earnings move that`s essentially in-line with its 6.9% average. 
  • Shares of the social network have climbed nearly 8% this year, but have fallen 34% since their record high last July as the company`s privacy and data practices have come under scrutiny.
  • Watch Facebook trade live here.

Facebook is set to release fourth-quarter earnings after Wednesday`s closing bell, and some Wall Street analysts were approaching the report with a cautious tone after months of volatility in the stock. 

"We think Facebook is one of the more controversial stocks in our coverage (unsurprisingly), with bulls pointing to easy comps in the back half and potential for opex growth to be revised lower throughout the year, and bears noting third-party data/checks are mixed to negative," Instinet analyst Mark Kelley said.

He carries one of the lower price-targets on Facebook. His 148 target implies a 3% gain from current levels, and he recently told clients that he`s come out "more on the cautious side to start the year."

Meanwhile, Credit Suisse`s Stephen Ju trimmed his price-target by 2 per share to 208 — but that was still 44% above where shares settled Tuesday. He also cut his 2018 adjusted earnings per share by a penny to 8.65. 

Susquehanna`s Shyim Patel, who carries an even more bullish view, told clients in a Monday note that Facebook "deserves a premium valuation." He has a 220 price-target on the name, and has pointed specifically to Facebook`s dominance in the advertising space as a reason to own the stock.

Patel also noted he believes concerns around potential regulation and issues surrounding its "Stories" feature are "already baked into the stock."

The options market is implying a one-day move of around 7.4%. That`s barely higher than the absolute price move of 6.9% on earnings days since the company`s first quarterly announcement in July, 2012, according to an Instinet analysis of Bloomberg data.

Still, quarterly results have historically proven to be meaningful catalysts for the stock. Facebook`s best and worst one-day performances have both come post-earnings announcements, according to Frank Cappelleri, Instinet`s chief market technician and senior equity sales trader. The stock`s best day was on July 25, 2013, with a 29.6% gain, and its worst day was last July, with a nearly 19% loss. 

"While moving averages don`t always work well as support and resistance, FB`s 50 Day Moving Average has been a useful reference point the last few months," Cappelleri wrote to Business Insider in an email. "It now represents a support line near 40, a level that could be in the cross-hairs once again post numbers." 

Read more: Facebook`s massive engineering overhaul will have a wide-reaching impact that goes far beyond how its apps are used

Facebook`s stock has plunged 34% since setting a record high of 218.62 last July, when the social network said on its quarterly earnings call that it expected significantly lower sales growth rates and operating margins in the years ahead as it focused on privacy issues. The company has come under intense public and regulatory scrutiny over the last year as privacy and data scandals have come to the fore.

Wall Street is still quite optimistic on Facebook, with 77% of analysts surveyed by Bloomberg carrying a "buy" rating.

Facebook is expected to report earnings of 2.18 a share on revenue of 16.4 billion, according to analysts surveyed by Bloomberg.

Now read:

Facebook shares.

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NOW WATCH: We compared Apple`s 159 AirPods to Xiaomi`s 30 AirDots and the winner was clear

Meng Wanzhou

  • The US has requested the extradition of Huawei CFO Meng Wanzhou from Canada.
  • Meng was arrested in Canada on December 1, and her case has rocked Canadian politics as well as relations with China, which claimed the arrest was politically engineered by the US.
  • The US indicted Meng and Huawei on Monday, accusing the company of flouting US sanctions and stealing trade secrets from T-Mobile.
  • Meng Wanzhou and Huawei deny any wrongdoing.

The US has officially requested the extradition of Huawei CFO Meng Wanzhou from Canada, The Wall Street Journal reports.

Canada said it received the extradition request on Tuesday, according to the Journal, a day before the January 30 deadline the US had to submit the request. Meng was arrested during a stop-over in Vancouver on December 1 on suspicion of breaking US trade sanctions.

On Monday, the US indicted Meng and Huawei, accusing it of circumventing US sanctions on Iran and stealing trade secrets from T-Mobile. Sen. Mark Warner called the company a "national security threat," believing the company to be acting as a backdoor for the Chinese government.

Read more: Huawei is accused of attempting to copycat a T-Mobile robot, and the charges read like a comical spy movie

Meng and Huawei have denied any wrongdoing.

China has repeatedly decried the move as politically engineered by the US. The Journal reports that Canadian officials have until March 1 to review the request.

The question of Meng`s extradition has sent ripples through Canadian politics. Prime Minister Trudeau on Saturday fired Canada`s ambassador to China, John McCallum, after he said the US dropping its plans to lodge an extradition request would be "great for Canada."

Meng`s arrest also prompted retaliation from China, which subsequently detained two Canadian citizens and put another on death row.

Business Insider contacted Huawei for comment on the extradition request.

SEE ALSO: What you need to know about Meng Wanzhou, a Chinese tech founder`s daughter whose arrest could set fire to US-China relations

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