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Facebook shares hit a 17,5-month high on Tuesday, company pledges to remove deepfake and other manipulated videos ahead of US presidential election

January 8, 2020 7:53 am
Facebook Inc (FB) revealed intentions to remove deepfake and other manipulated videos from its platform, as it seeks to diminish misinformation ahead of the 2020 US presidential election. Yet, the company said such a policy “does not extend to content that is parody or satire, or video that has been edited solely to omit or […] Read more

Kratos shares rebound on Monday, company awarded $50 million product and hardware contract

December 31, 2019 10:02 am
Kratos Defense & Security Solutions Inc (KTOS) said on Monday that its Command, Control, Communications, Computing, Combat, Intelligence, Surveillance and Reconnaissance (C5ISR) Modular Systems Division had been awarded a $50 million indefinite delivery, indefinite quantity (IDIQ) product and hardware contract, in support of a national security related program. Kratos shares closed higher for the fourth […] Read more

Blackstone shares close higher on Tuesday, David Calhoun, Blackstone’s senior managing director, to take the helm at Boeing

December 26, 2019 9:19 am
According to a report by Bloomberg, David Calhoun, currently a senior managing director and head of Blackstone’s private equity portfolio operations team, intends to leave the private equity firm and will assume the role of CEO at Boeing Co, effective January 13th. David Calhoun was also appointed as Boeing’s chairman in October. Blackstone shares closed […] Read more