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Uber agrees to pay $20M to settle FTC claims

Uber agrees to pay $20M to settle FTC claims

Ride-hailing service Uber has agreed to pay $20 million to settle charges that it misled drivers about how much money they could earn working for the company and how much it cost to lease a car through the company’s ‘low-cost’ program.

The charges were brought by the U.S. Federal Trade Commission (FTC) on behalf of affected Uber drivers. The federal agency made the agreement public in documents filed in San Francisco on Thursday.

Netflix posts better-than-expected quarterly results

Netflix posts better-than-expected quarterly results

Netflix earned better-than-expected profit and gained nearly seven million more subscribers during the fourth quarter, the popular streaming service announced on Wednesday.

For the October to December quarter, the streaming service announced a profit of $67 million, or 15 cents per share. Revenue jumped to $2.35 billion. Both figures beat the company’s guidance as well as Wall Street analysts’ forecast.

The company also reported that it added 7 million more members during the fourth quarter. It marked the biggest period of net additions in its history.

Qualcomm accused of pursuing anti-competitive practices

Qualcomm accused of pursuing anti-competitive practices

The U. S. Federal Trade Commission (FTC) has accused tech giant Qualcomm of pursuing anti-competitive practices relating to the manner it sells modems for mobile devices like smartphones.

The FTC alleges that Qualcomm adopted a "no license, no chips" policy, and refused to sell modems to any company that would not agree to its burdensome licensing terms. Companies had to agree to the burdensome terms because they had no other option.

Iridium celebrating successful launch of its 10 NEXT satellites

Iridium celebrating successful launch of its 10 NEXT satellites

With SpaceX Falcon 9’s successful return to flight, Virginia-based Iridium Communications Inc. is celebrating the launch of its first 10 Iridium NEXT satellites.

Carrying 10 Iridium satellites, a Falocon 9 rocket lifted off from a launch pad at the Vandenberg Air Force Base in California at 12:54 p.m. EST (1754 GMT) on Saturday, and successfully launched all the satellites in Earth’s low-orbit 59 minutes after the lift off.

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Amazon’s Alexa dominates 2017 CES

Amazon’s Alexa dominates 2017 CES

Alexa, Seattle-based tech giant Amazon’s voice assistant, is apparently dominating this year’s the Consumer Electronics Show (CES) in Las Vegas.

Amazon isn’t officially attending the annual tradeshow, but its Alexa voice assistant is showing up in multiple car infotainment systems, robots, new smartphones, laundry machines and many other new gadgets.

Anti-ageing serum may be unsafe for elderly people: Study

Anti-ageing serum may be unsafe for elderly people: Study

A team of researchers has found that by removing senescent cells, it may bring us one step closer to the "fountain of youth".

However, experts warned that an anti-ageing serum could be a few years off yet as the drugs may be unsafe for elderly people.

A drug has previously been found to help elderly mice regrow their hair, run faster and live for longer.

It works by removing cells in skin tissue that naturally accumulate as the rodents grow older.

NPD: Apple could not capitalize on Samsung’s Note 7 disaster because new iPhones are too boring

NPD: Apple could not capitalize on Samsung’s Note 7 disaster because new iPhones are too boring

According to The NPD Group, tech giant Apple's new 2016 iPhone lineup - comprising the iPhone 7 and iPhone 7 Plus models - was too lackluster to enable the company to capitalize on rival Samsung's Galaxy Note 7 fiasco.

The NPD Group's Stephen Baker told the Wall Street Journal (WSJ) that Apple failed to benefit from the opportunity presented to it by the Samsung Note 7 debacle because its new iPhone 7 and iPhone 7 Plus handsets are quite boring.

IVF mistake means eggs fertilisation by wrong sperm

IVF mistake means eggs fertilisation by wrong sperm

A fertility clinic made a shocking revelation to several couples who trusted them with their fertility treatments.

A single mistake by In-vitro fertilisation (IVF) clinic means that women's eggs may have accidentally be fertilised with the wrong sperm.

Mix-ups have previously led to people accidentally having children with people they'd never met

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Stress causes spike in heart attacks during holiday season

Stress causes spike in heart attacks during holiday season

Stress related the holiday season between Christmas Day and January 7 cause a notable spike in deadly heart attacks, a study published in the journal of the American Heart Association (AHA) suggested.

Cardiac or heart attack-related deaths in the United States and other countries like New Zealand have been found unduly spiking during the holiday season. While some researchers suggested that chilly weather might be causing the spike, a team of Australian researchers found in the new study that the holiday season, and not the weather, is to be blamed for the issue.

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Good news! Scientists identify new approach to recycle greenhouse gas

Good news! Scientists identify new approach to recycle greenhouse gas

A team of researchers has discovered a key enzyme effective to convert carbon dioxide (CO2) to carbon monoxide (CO) that can be adapted for commercial applications like biofuel synthesis.

The study was published online in journal of Nature Chemical Biology.

Researchers found that they could successfully express the reductase component of the nitrogenase enzyme alone in the bacterium Azotobacter vinelandii and directly use this bacterium to convert CO2 to CO.

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