Mon06252018

LAST_UPDATESun, 24 Jun 2018 9pm

Twitter Changes Strategy In Battle Against Internet 'Trolls'

SAN FRANCISCO - Twitter Inc (TWTR.N) on Tuesday revised its strategy for fighting abusive internet “trolls,” saying it would use behavioral signals to identify harassers on the social network and then limit the visibility of their tweets.

Read more: Twitter Changes Strategy In Battle Against Internet 'Trolls'

Ringgit Lower Against USD

Pic: Bernama

KUALA LUMPUR, May 16: The ringgit opened lower against the US dollar, but was higher against other major currencies.

Read more: Ringgit Lower Against USD

Meet Tesla's New Bondholder: Billionaire George Soros

Pic: ReutersNEW YORK: The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.

Read more: Meet Tesla's New Bondholder: Billionaire George Soros

Circle Raises $110 Million, Plans To Create Dollar-Pegged Cryptocurrency

Pic: ReutersNEW YORK: Goldman Sachs-backed cryptocurrency startup Circle has raised $110 million in an investment round led by Chinese virtual coin mining giant Bitmain Technologies, Circle said on Tuesday.

Read more: Circle Raises $110 Million, Plans To Create Dollar-Pegged Cryptocurrency

Chinese Bitcoin Mining Gear Makers Set Sights On World's Largest Bitcoin IPOs

Pic: ReutersHONG KONG: Two Chinese bitcoin mining equipment makers are set to test international investor appetite for cryptocurrencies with plans to raise as much as $1 billion each - in what are expected to be the world’s largest bitcoin-focused floats to date.

Read more: Chinese Bitcoin Mining Gear Makers Set Sights On World's Largest Bitcoin IPOs

Highlights: Hedge Funds Chomped On Faangs During First Quarter Tech Turmoil

Pic: ReutersThe following are some hot stocks including the so-called FAANG technology stocks - Facebook Inc, Amazon.com, Apple Inc, Netflix Inc and Google parent Alphabet Inc - as well as other companies in which hedge fund managers either took new stakes, adding to or exiting existing positions in the first quarter, filings with the U.S. Securities and Exchange Commission showed on Tuesday.

Read more: Highlights: Hedge Funds Chomped On Faangs During First Quarter Tech Turmoil

Asian Shares Lower As North Korea Suspends Talks, U.S. Yields Shoot Higher

SHANGHAI: Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a major U.S.-North Korean summit into question, and a spike in the U.S. 10-year Treasury yield to a seven-year high knocked sentiment on Wall Street.

Read more: Asian Shares Lower As North Korea Suspends Talks, U.S. Yields Shoot Higher

Ashraf To End Tenure At Media Prima Television Networks

KUALA LUMPUR -- Media Prima Bhd has announced Datuk Seri Mohd Ashraf Abdullah will end his tenure as Group Managing Editor of News and Current Affairs, Media Prima Television Networks (MPTN), effective May 20, 2018.

Read more: Ashraf To End Tenure At Media Prima Television Networks

TNB To Continue Investing In Digitisation & Automation

Datuk Seri Ir Azman Mohd.

KUALA LUMPUR – Tenaga Nasional Bhd (TNB) will continue to invest in digitisation and automation, while improving performance and reliability.

Read more: TNB To Continue Investing In Digitisation & Automation

Ringgit Will Perform Better When Confidence Restored: Zeti

KUALA LUMPUR: The ringgit will perform better when confidence has been restored and fiscal conditions improve, Tan Sri Zeti Akhtar Aziz said.

Read more: Ringgit Will Perform Better When Confidence Restored: Zeti