Business

Settlement reached in 'pink slime' defamation lawsuit

Settlement reached in 'pink slime' defamation lawsuit

ABC News has settled a defamation lawsuit filed by the maker of a processed-meat product that critics dubbed " pink slime ", bringing to a close a high-profile legal test of so-called food-libel laws meant to shield the food-production industry from bogus food-safety scares.


John Romero Is Auctioning off His Doom 2 Floppy Disks

John Romero Is Auctioning off His Doom 2 Floppy Disks

Remember those? It's something you wanna get your hands on for that vintage feel. There are five floppy disks to be exact. Romero announced via Twitter that he's now auctioning off his original five Doom 2 floppy disks on eBay and will sign them if the victor requests so.


FTSE 100 Slips As Fed Increases Interest Rates

FTSE 100 Slips As Fed Increases Interest Rates

The Standard & Poor's 500 index, the benchmark that professional investors follow, likewise wasn't changed much either. Dow Jones Industrial Average touched its all-time high on Wednesday. Analysts in recent weeks have become increasingly doubtful there would be a third rate increase later this year, as inflation, consumption and other economic data have indicated the weakness seen in the first quarter has continued.


JNPT, India's Largest Container Port, Hit By Global Cyber Attack

JNPT, India's Largest Container Port, Hit By Global Cyber Attack

Operations at a terminal at India's busiest container port have been stalled by the malicious software that has crippled computers globally, an official said. The fresh wave of attack, which crippled some central banks and many large corporations in Europe, came weeks after a similar incident - Wannacry - that had affected systems of many companies.


European Union fines Google $2.7 billion for abusing search monopoly

European Union fines Google $2.7 billion for abusing search monopoly

The penalty payment for failure to comply would amount to about AUD$15.8 million a day based on Alphabet's 2016 turnover of AUD$119 billion. Google has been slapped with a record €2.4bn fine by the European Commission for abusing its search engine dominance in EU countries to promote its own shopping comparison service to the top of search results, while demoting those of competitors.


Rockets to acquire Chris Paul from Clippers

Rockets to acquire Chris Paul from Clippers

Times. Besides for questions over Harden and Paul splitting bal-handling duties, another interesting subplot may be how Paul's shot selection fits in the Rockets' offense. Considering that Mike D'Antonio is a Houston Rockets head coach, and he is well known for his awesome offense, it won't be surprising if Harden averages over 30 points per game next season.