Proactive Investors News

Facebook intentionally breached data privacy and competition law, according to UK lawmakers

Facebook Inc (NASDAQ:FB) intentionally breached data privacy and competition law and should, along with other big tech companies, be subject to a new regulator to protect democracy and citizens' rights, UK lawmakers said on Monday. Publishing its final report on “Disinformation and ‘fake news’”, the UK parliament's Digital, Culture, Media and Sport Committee said tech firms had proved ineffective in stopping harmful content on their platforms. >>>

Oil price, Sound, Eco Atlantic, Plexus, Pantheon, AAOG, AAA And finally…

Oil price, Sound, Eco Atlantic, Plexus, Pantheon, AAOG, AAA And finally… Posted on  18 February 2019 Posted in Daily Blog — No Comments ↓         0SHARES     WTI $55.59 +$1.18, Brent $66.25 +$1.68, Diff -$10.66 +50c, NG $2.62 +5c Oil price There are plenty of people in the oil market who have been caught out by this rally but if you look at the Opec+ numbers and bear in mind that Russia will come late to the production cuts party then it was only the lag that should have caught people out here. >>>

Reckitt Benckiser still spending hundreds of millions in pay-outs to South Korean Oxy RB victims

Reckitt Benckiser PLC (LON:RB.) has set aside more than £1bn in legal costs over the past three years, a large chunk of which is related to Oxy RB – its humidifier sanitiser (HS) which was linked to dozens of deaths and hundreds of injuries in South Korea. The consumer goods giant, which is behind brands such as Nurofen, Durex and Cillit Bang, told investors in today’s full-year results that it set aside another £431mln in exceptional legal provisions last year. >>>

BATM clinches another follow-on cybersecurity contract from defence department customer

BATM Advanced Communications Limited (LON:BVC) has been awarded an additional follow-on contract by one of its current customers, a government defence department, carrying a price tag of US$3.3mln. Here Chief Executive Zvi Marom tells Proactive London how significant this award is and what it means for his company. BATM, which specialises in computer network technology and medical solutions, said the order was for additional hardware and software cybersecurity products and comes after another order from the same customer earlier this month. >>>

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