Google CEO Sundar Pichai will deny bias in first testimony to Congress – CNN

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Morning Brief: Congress to grill Google CEO – Yahoo Finance

Tuesday, December 11, 2018

GOOGL) CEO Sundar Pichai heads to Washington to testify before the House Judiciary Committee. Pichai is the latest tech executive to face Congress after being thrust into the spotlight in August after President Donald Trump slammed the company for potential bias on its search engine.’ data-reactid=”30″>Google (GOOGL) CEO Sundar Pichai heads to Washington to testify before the House Judiciary Committee. Pichai is the latest tech executive to face Congress after being thrust into the spotlight in August after President Donald Trump slammed the company for potential bias on its search engine.

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(AP Photo/Andy Wong, File)

Juncker warns May there is ‘no room whatsoever’ to change Brexit: Theresa May has set-off on a diplomatic blitz of Europe in a last ditch bid to improve the Brexit deal – but EU leaders have warned the prime minister she will not come away with any concessions. After postponing the ‘meaningful vote’ to avoid a humiliating defeat, embattled May is embarking on a whistle stop tour of European capitals to ask for help in getting the deal past MPs. [Yahoo Finance UK]’ data-reactid=”53″>Juncker warns May there is ‘no room whatsoever’ to change Brexit: Theresa May has set-off on a diplomatic blitz of Europe in a last ditch bid to improve the Brexit deal – but EU leaders have warned the prime minister she will not come away with any concessions. After postponing the ‘meaningful vote’ to avoid a humiliating defeat, embattled May is embarking on a whistle stop tour of European capitals to ask for help in getting the deal past MPs. [Yahoo Finance UK]

Tencent Music may price around midpoint in $1.2B IPOTencent Music Entertainment Group, China’s largest music-streaming service, is guiding potential investors that it could price its $1.2 billion U.S. initial public offering around the midpoint of a marketed range. Tencent Music will stop taking orders from Asian investors at the end of business Tuesday and at noon New York time for U.S. institutions. [Bloomberg]‘ data-reactid=”55″>Tencent Music may price around midpoint in $1.2B IPOTencent Music Entertainment Group, China’s largest music-streaming service, is guiding potential investors that it could price its $1.2 billion U.S. initial public offering around the midpoint of a marketed range. Tencent Music will stop taking orders from Asian investors at the end of business Tuesday and at noon New York time for U.S. institutions. [Bloomberg]

Monday was a ‘moral victory’ for investors‘ data-reactid=”58″>Monday was a ‘moral victory’ for investors

TOMS founder is disappointed other companies aren’t rallying to end gun violence‘ data-reactid=”60″>TOMS founder is disappointed other companies aren’t rallying to end gun violence

Microsoft asking gov’t to regulate the company’s facial recognition tech‘ data-reactid=”62″>Microsoft asking gov’t to regulate the company’s facial recognition tech


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Jimmy Dean sausage recalled, may contain metal – WJW FOX 8 News Cleveland


OWINGSVILLE, Kentucky – More than 29,000 pounds of Jimmy Dean sausage is being recalled because it may contain pieces of metal.

The U.S. Department of Agriculture’s Food Safety and Inspection Service made the announcement Tuesday.

The frozen, ready-to-eat sausage links items were produced and packaged on Aug. 4, 2018.

The problem was discovered when five people said they found metal in the sausage links.

The recalled products are 23.4-oz. pouches of “Jimmy Dean HEAT ’n SERVE Original SAUSAGE LINKS Made with Pork & Turkey” with a Use By date of Jan. 31, 19. The product bears case code A6382168, with a time stamp range of 11:58 through 01:49.

The products subject to recall bear establishment number “EST. 19085” on the back of the product packaging.

These items were shipped to an establishment in Tennessee where the product was further distributed to retail stores.

Consumers with questions about the recall can contact the Jimmy Dean customer service line at (855) 382-3101.

38.144801
-83.764085


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Elon Musk’s Talking About Bringing Tesla To South Africa Soon – 2oceansvibe News

Even with the recent price decrease in fuel (which we shouldn’t be all that excited about anyway), we are still paying a hefty price for the likes of petrol and diesel.

Perhaps that is why people are so excited about Elon Musk’s tweet from earlier today, when he said that he hoped to open a Tesla store in South Africa at some point in 2019.

We might want to cool it a bit, given that he has a habit of odd tweets, but here’s how this one unfolded:

We should unpack a few things here.

Firstly, who is Riccardo Spagni? This below from MyBroadband:

Riccardo Spagni – better known as “fluffypony” in the world of cryptocurrency – is the lead maintainer of the Monero blockchain project, and lives in Plettenberg Bay.

Spagni has been involved in various endeavours and startups across traditional and cryptocurrency-related industries, and recently launched a new blockchain protocol called Tari.

Secondly, I feel like Elon doesn’t really consider South Africa “home” any longer, and there are many stories of how he didn’t really enjoy growing up here.

Thirdly, “boet”. That is all.

Whilst details are scarce (as in Elon’s tweet only), here’s what MyBroadband had to say in their story from earlier today:

Musk provided no additional information regarding the availability of Tesla vehicles in South Africa.

While South Africa’s electric vehicle infrastructure is relatively sparse compared to Europe and the United States, major carmakers have begun to invest in EV charging networks to improve the proposition of buying an electric car in the country.

For example, Jaguar recently announced the installation of public charging stations at every one of its retailers in South Africa.

We are delighted for the 0,0001% of South Africans who stand to benefit from Jaguar’s decision.

I guess we just wait and see whether this gets filed under ‘Elon’s Odd Tweets’ or actually comes to fruition.

[sources:mybb&mybb]

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Stock futures rebound to build on Monday’s gains – Fox Business

Equity futures are jumping after turning around during the overnight session on new optimism over trade talks between the U.S. and China.

A phone call was held Tuesday between Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

This comes after a day that saw stocks fall more than 500 points and yet end the day in the green.

Dow Jones futures were higher by 1 percent. The S&P 500 added 1 percent and the Nasdaq Composite gained 1.2 percent.

On the economic front, producer prices rose slightly in November. PPI came in at a seasonally adjusted 0.1 percent., topping expectations. The figure slowed compared to october’s 0.6 percent gain.

If you back out food and energy, core PPI rose 0.3 percent.

Hong Kong stocks clawed back early losses to end higher on Tuesday as Beijing confirmed that it is still in trade talks with Washington.

The Hang Seng index ended 0.1 percent higher.

China’s Shanghai Composite index closed up 0.4 percent.

Japan’s Nikkei index closed down 0.34 percent.

More Business News

In Europe, London’s FTSE traded up 1.7 percent after the pound stabilized following Monday’s Brexit-related slide to 20-month lows after Prime Minister Theresa May postponed a key vote on how Britain will leave the European Union.

Germany’s DAX jumped 2 percent.

France’s CAC gained 2 percent, after French president Emmanuel Macron pledged late on Monday to raise the minimum wage and cut taxes in a bid to prevent more violent protests.

Ticker Security Last Change %Chg
I:DJI DOW JONES AVERAGES 24423.26 +34.31 +0.14%
SP500 S&P 500 2637.72 +4.64 +0.18%
I:COMP NASDAQ COMPOSITE INDEX 7020.5203 +51.27 +0.74%

U.S. stocks closed modestly higher Monday after an afternoon turnaround that followed a deep dive into negative territory.

Shortly after the opening bell, the Dow Jones Industrial Average plummeted more than 500 points after British Prime Minister Theresa May announced that the Parliamentary vote on Brexit was being delayed, admitting that it would fail if the vote were held on schedule. If a deal on Britain’s goal of leaving the European Union isn’t reached with Brussels by March the U.K. could simply leave the pact, which could be massively disruptive for business.

At one point the blue-chip Dow Jones Industrial Index was on track to close in correction territory — 24,145.55 — 10 percent below its recent high of 26,828.39, which it reached on Oct. 3.

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