Tag Archives: Facebook

Isis rebels declare ‘caliphate’; Honda’s first business jet; Anger over Facebook secret study

1 Isis rebels declare ‘caliphate’ (BBC) Islamist militant group Isis has said it is establishing a caliphate, or Islamic state, on the territories it controls in Iraq and Syria. It also proclaimed the group’s leader, Abu Bakr al-Baghdadi, as caliph … Continue reading

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IMF for sub-zero interest rates in Europe; Facebook snaps up WhatsApp; Record profit for Ferrari

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IMF for sub-zero interest rates in Europe; Facebook snaps up WhatsApp for $19bn; Record profit for Ferrari

1 IMF for sub-zero interest rates in Europe (Larry Elliott in The Guardian) The International Monetary Fund has urged the European Central Bank to consider cutting interest rates to below zero as it warned that deflation in the eurozone was … Continue reading

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Twitter share price plummets 12%; Young fared worst in recession; Facebook’s struggle to keep its friends

1 Twitter share price plummets 12% (Dominic Rushe in The Guardian) Twitter’s share price dropped sharply on Wednesday after its first results as a public company prompted concerns among investors that its rapid growth was running out of steam. In … Continue reading

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US Fed cuts $10bn more from stimulus; As China slows, the pain emerges; Facebook revenue up 63%; India IT sector enters middle age

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As global security unravels, dollar returns to dominance; Making a living off Facebook; ‘GDP’ term marks 80th anniversary

1 As global security unravels, dollar returns to dominance (Ambrose Evans Pritchard in Sydney Morning Herald/The Daily Telegraph) We enter the year of the all-conquering US dollar. As the global security system unravels – with echoes of 1914 – the … Continue reading

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China reaches the moon; English farmers fight subsidy cuts; Snooping on staff casts shadow on Ikea; Teens leave Facebook as adults march in

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