Minggu, 01 September 2019

Wall of worry: Why the rest of the year could be a wild ride for stocks - The Globe and Mail

Lower taxes, more government regulation? Experts weigh in on gas price inquiry - CBC.ca

CRTC launches review into carriers' 36-month device financing plans - MobileSyrup

Twitter CEO account hacked - Business News - Castanet.net

Hackers briefly gained control of Twitter CEO Jack Dorsey's account Friday, sending racist and vulgar tweets to his 4.2 million followers.

Some of the tweets were up for about 30 minutes before Twitter took them down.

The tweets included messages such as "Hitler is innocent" and, using a vulgarity, asked "bald skeleton head tramp," apparently referring to Dorsey, to unsuspend certain accounts.

Twitter says it's investigating.

The San Francisco-based company suspended accounts that the hacker or hackers retweeted while they had control of Dorsey's account. It also suspended the account that appeared to be responsible for the hack.

Based on some of the tweets sent from Dorsey's account, a group called Chuckle Squad was likely responsible. Other than getting accounts unsuspended, the group has not said why it hacked Dorsey's account.

The answer may be simply that it could. Even if Dorsey used two-factor authentication for his Twitter account, hackers have learned how to get around this extra security measure. Twitter declined to comment when asked if Dorsey used a two-factor login for his account.

The incident comes as Twitter and Dorsey have promised to improve the "health" and civility of discourse on the social media service, cracking down on hate speech and abuse. Long criticized for allowing bad behaviour to run rampant, Twitter has been trying to rein in the worst offenders, banning accounts that violate its terms and making others less visible.

While Twitter says it is making progress, it has met with criticism both from those who say it's not doing enough and from others who say it's going too far in limiting speech. Conservatives also complain of bias. Last year, the company permanently banned right-wing conspiracy theorist Alex Jones and his Infowars show, citing abusive behaviour.

This is not the first time Dorsey has been hacked. In 2016, his account was taken over by the hacker group OurMine, which also attacked other high-profile social media leaders, including the Facebook account of CEO Mark Zuckerberg.



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August 31, 2019 at 07:17AM

Gut Check Time for Treasuries After Biggest Rally Since 2008 - Bloomberg

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Gut Check Time for Treasuries After Biggest Rally Since 2008  Bloomberg

The rally that swept through the Treasury market in August is the strongest since the depths of the 2008 crisis. This insatiable demand for the safety of bonds ...

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https://www.bloomberg.com/news/articles/2019-09-01/gut-check-time-for-treasuries-after-biggest-rally-since-2008

2019-09-01 04:46:00Z
CAIiEDzi-QXd-iLpKtvVsyDaCOgqGQgEKhAIACoHCAow4uzwCjCF3bsCMIrOrwM

Sabtu, 31 Agustus 2019

CANADA: Cooktops recalled, deemed 'potential fire hazards' for turning on by themselves - SooToday

Health Canada has issued a recall on thousands of cooktops because of a potential fire hazard.

A release from the federal agency says the heating elements on the cooktops may energize without any user input.

The recall affects about 3,000 products produced by the Tennessee-based Whirlpool Corporation under the Whirlpool, KitchenAid and JennAir brands.

Health Canada says no injuries have been reported in this country, although there has been one report of cabinet damage due to the cooktop being on for a long time.

In the U.S., where more than 20,000 of the affected units were sold, two people have reported suffering minor burns.

Anyone who owns one of the products is advised to immediately contact Whirlpool for a free replacement.

The Canadian Press



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August 30, 2019 at 09:09PM

CRTC Launches Review of Wireless Device Financing Plans Longer Than 24 Months - iPhone in Canada

Crtc 24 months

The Canadian Radio-television and Telecommunications Commission (CRTC) today announced the launch of a review of wireless device financing plans, in particular, those that exceed 24-month terms.

The announcement follows up on the CRTC asking wireless carriers earlier this month to cease offering financing plans beyond 24 months, until a review of the practice was completed.

Rogers launched device financing with a 36-month term at 0% APR in July, while Telus did the same on select devices. Both carriers complied with CRTC’s request and stopped offering 36-month financing terms. Bell has said it would eventually offer 36-month device financing.

The Commission says it “wants to ensure that Canadians continue to benefit from protections under the Wireless Code as well as take advantage of competitive offers in the marketplace.”

Specifically, the CRTC says it is “concerned that when customers cancel their wireless service plan, the requirement to pay the remaining balance of their device financing plan could result in the imposition of a penalty or fee.”

According to the CRTC, it is asking for public input by October 15, 2019, related to the following questions:

  • What are the benefits for customers of having access to wireless device financing plans that exceed 24 months?
  • How to ensure that device financing plans comply with the Wireless Code’s objectives of making it easier for Canadians to understand their mobile contracts and switch service providers, and of preventing bill shock?

“The Wireless Code was introduced to address Canadians’ concerns with their wireless service providers. Although device financing plans may make cellphones more affordable, we want to ensure those benefits do not come at the expense of the protections offered to Canadians by the code. At the end of a two-year service contract, Canadians should have the ability to shop around and take advantage of competitive offers without barriers,” said Ian Scott, Chairperson and Chief Executive Officer, CRTC, in a statement.

What do you think? Are 36-month device financing terms a good or bad thing?



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August 31, 2019 at 04:36AM