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1 Article
Source: Common Domain

CenturyLink’s stock plummets to 2-decade low after dividend chopped in half

Today 11:44 GMT

Shares of CenturyLink Inc. plummeted Thursday to the lowest levels seen since the late-1990s, after the communications services company slashed its dividend by more than half, prompting a number of Wall Street analysts to cut their ratings and price targets.

UBS analyst Batya Levi downgraded the stock to hold, after being at buy for over three years, and cut the price target to $14 from $24.. Levi said the previous bullish rating rested on CenturyLink’s ability to stabilize free cash flow and sustain its dividend policy.

1 Article
Source: The Guradian

Revealed: Facebook enables ads to target users interested in 'vaccine controversies'

Today 10:49 GMT

Facebook enables advertisers to promote content to nearly 900,000 people interested in “vaccine controversies”, the Guardian has found. Other groups of people that advertisers can pay to reach on Facebook include those interested in “Dr Tenpenny on Vaccines”, which refers to anti-vaccine activist Sherri Tenpenny, and “informed consent”, which is language that anti-vaccine propagandists have adopted to fight vaccination laws.

1 Article
Source: BBC

Space harpoon skewers 'orbital debris'

Friday 12:40 GMT

These include Surrey Satellite Technology Limited, from where the mission is being overseen; and Airbus, which developed the harpoon technology.

More than 60 years of space activity have left something like 8,000 tonnes of material wandering aimlessly around the planet. From old rocket parts to broken fragments of spacecraft - this waste now poses a serious collision hazard to operational satellites that deliver important services, such as telecommunications and weather observations.

1 Article
Source: Common Domain

Cisco shows ‘fundamental resiliency’ as stock climbs after earnings

Friday 15:26 GMT

Don’t miss: Cisco stares down geopolitical unrest and cloud downturn, and stock emerges higher. Resilience was also a theme for J.P. Morgan analyst Samik Chatterjee, who has an overweight rating on Cisco and raised his price target to $60 from $59.. “Cisco’s F2Q earnings and F3Q outlook can be broadly characterized as modestly better than expected, although what makes it stand out is the resilience of the performance despite consistent concerns relative to macro growth; marking a significant change for a stock that was once considered a bellwether for the industry and still trades at a discount to the overall market multiple,” Chatterjee said, adding that growth momentum in applications and security sales underscored the success of Cisco acquisition strategy such as the company’s acquisition of Duo Security last year. FBN Securities analyst Shebly Seyrafi said that the company’s latest numbers showed “more good than bad,” given strong indications in switching, wireless, applications, and security.

1 Article
Source: Reuters

Indonesia defends palm oil after EU targets 2030 phase-out in road...

Friday 03:19 GMT

A European Union draft due to come into effect after four weeks of public consultation, concluded that palm oil cultivation results in deforestation and its usage in transportation fuel should be phased out by 2030.

Indonesia, the world’s biggest producer of palm oil, will not accept an EU plan to curb the use of crops that cause deforestation, and argued that its higher production yield made it better placed to meet global demand, a senior Indonesian official said.

1 Article
Source: DW

EU targets tech giants with new copyright deal for digital age

Friday 08:05 GMT

Commissioner for the Digital Single Market, Andrus Ansip said: "Europeans will finally have modern copyright rules fit for the digital age with real benefits for everyone: guaranteed rights for users, fair remuneration for creators, clarity of rules for platforms."

The European Union is set to rewrite its copyright laws to force internet platforms to share revenues for creative work and prevent misuse of material.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte