Science & Technology

Facebook stops Huawei from pre-installing apps on phones

LONDON (AP) — Facebook said Friday it has stopped letting its apps come pre-installed on smartphones sold by Huawei in order to comply with U.S. restrictions, a move that deals a fresh blow to the Chinese tech giant.

The social network said it has suspended providing software for Huawei to put on its devices while it reviews recently introduced U.S. sanctions.

Owners of existing Huawei smartphones that already have Facebook apps can continue to use them and download updates.

US stock market notches best week since late November

Wall Street turned the page on a painful May in the stock market by notching its best week since late November.

Stocks climbed for a fourth consecutive day Friday, capping a week of gains that reversed most of the losses in May, when President Donald Trump’s tariff threats escalated trade wars with China and Mexico.

The latest rally came as investors welcomed a report showing that the U.S. added fewer jobs than expected last month. The lackluster snapshot of hiring appeared to increase the odds that the Federal Reserve will have to cut interest rates in coming months.

Senior executives leave Uber after internal shakeup

NEW YORK (AP) — Uber is parting ways with two of its top executives less than a month after the company’s rocky stock market debut.

CEO Dara Khosrowshahi told employees in an email Friday that he plans to be more involved in day-to-day operations now that the initial public offering of stock has passed. He said the heads of the company’s global rides and food-delivery teams will report directly to him, and Chief Operating Officer Barney Harford will leave the company.

G-20 finance chiefs mull ‘fair tax’ reforms to boost growth

FUKUOKA, Japan (AP) — Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka debated Saturday over how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

One aim is to prevent a “race to the bottom” by countries trying to lure companies by offering unsustainably and unfairly low tax rates as an incentive.

Kids in Germany called on to name exoplanet, star

7 June 2019; DW: Children at German schools and kindergartens have been asked to think of possible names for an exoplanet and its star in the Camelopardis (Giraffe) constellation as part of celebrations for the 100th anniversary of the International Astronomical Union.

A jury will choose five suggestions from the children and amateur astronomy groups, and these proposals will then be voted on from October 10 to November 10 in an online poll in which everyone in Germany can participate.

Mexico plans border ‘unity’ rally, nabs 2 migrant activists

MEXICO CITY (AP) — Mexico’s president said Thursday he will hold a “unity” rally on the border in Tijuana two days before the U.S. is set to impose tariffs on all Mexican imports.

President Andrés Manuel López Obrador announced that a demonstration will be held Saturday to defend Mexico’s “dignity” amid a looming threat from U.S. President Donald Trump, who has pledged to impose 5% tariffs on Mexican products unless the country prevents Central American migrants from traveling through its territory.

Asian stocks trail US rise on US-Mexico trade deal optimism

TOKYO (AP) — Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect.

Japan’s Nikkei 225 gained nearly 0.4% to 20,850.24 in morning trading, while Australia’s S&P/ASX 200 rose 0.5% to 6,416.50. South Korea’s Kospi was little changed but inched up less than 0.1% to 2,069.75. Hong Kong’s Hang Seng added nearly 0.3% to 26,965.28, while the Shanghai Composite lost 1.2% to 26,965.28.

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