America

Bitcoin exchange dropped after hackers theft

Hackers have compromised the Bitcoin exchange Bitfinex, the company announced today, withdrawing roughly $61 million from various consumer accounts. The causes are still unclear, but the attackers appear to have bypassed Bitfinex’s mandated limits on withdrawals.

"The theft is being reported to – and we are co-operating with – law enforcement," the statement reads. "We ask for the community’s patience as we unravel the causes and consequences of this breach", the company posted the note on their website detailing the security breach.

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Biogen: rumours about takeover from pharma giants

Biogen is in the sights of giants like Merck and Allergan. According to rumors reported by the Wall Street Journal, Merck and Allergan they would have raised the possibility of an acquisition of the US biotechnology group. Negotiations are at an early stage.

If it happens, it’d be the biggest deal since 2008 when Roche acquired Genentech. Representatives from Merck and Biogen did not immediately respond to request for comment. Allergan declined to comment.

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US weekly initial jobless claims rise but remain at historically low levels

The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday. Initial jobless claims grew by 14,000 to 266,000 in the week ended July 23, compared to the previous week’s revised figure of 252,000, while market analysts expected jobless claims to rise by 9,000 to 261,000 in the reported week.

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Facebook Q2 results better than forecasts

Facebook closed the second quarter of 2016 with profits almost tripled from a year before surpassing estimates, thanks to advertising revenue, the market expected strong decline. The title, in the after market, has gained more than 6%, exceeding for the first time the $ 130 per share. Moreover, the number of users continues to rise.

About 1.71 billion people have used at least once a month, + 15% per year while in the first quarter were 1.65 billion. Those who have used each month the largest social network in the world through a mobile device were 1.57 billion (+ 20%) against 1.52 billion in the January-March period.

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Twitter: Q2 2016 without positive surprises

Twitter still does not convince the market and to experience insufficient growth. Reporting its second-quarter earnings, Twitter fell short of expectations with a $107 million net loss on $602 million in sales. At a 20% gain year-over-year, this is Twitter’s slowest quarter of revenue growth since it went public. Shares dropped by 10% in after-hours trading. The social network also continues to be unable to solve the problem of growth: Users do not increase in the US and are growing too little in the rest of the world. The only monthly users were 313 million, slightly above the consensus of 312.1 million.

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Hillary Clinton: historic nomination for the White House

Hillary Clinton is officially the candidate of the Democrats in the upcoming US presidential election, as well as the first woman to run for the White House. She was nominated as a result of a vote of the delegates of the party, gathered at the convention in Philadelphia.

Finished counting, she has passed the threshold of 2,383 preferences, needed to be chosen. For the final go-ahead, however, it was not until his Thursday night speech in which she will communicate to accept the nomination.

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