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Daily Archives: August 14, 2017

Amazon kills its European DVD rental biz, Lovefilm

Amazon is getting out of the DVD rental business with the closure of Lovefilm, the so-called “Netflix of Europe” that Amazon bought in 2011 for a reported $312 million valuation. The company, which operates in the U.K. and Germany, is a subscription service that lets consumers rent DVDs that are sent …

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Oklahoma shale production could increase

Aug. 14 (UPI) — After mixed results for the second quarter, U.S. shale player BNK Petroleum said it was anticipating more production from its assets in Oklahoma. BNK Petroleum Inc., which has headquarters in California, said Monday it completed the hydraulic fracturing process at a well in the SCOOP shale …

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Aussie deputy PM may have to quit for being Kiwi

Australia’s deputy prime minister has become the latest politician to find out he may not have been eligible to stand for parliament. Barnaby Joyce has admitted he had been advised by the New Zealand government that he might be a Kiwi. Australia’s constitution forbids members of the House of Representatives …

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The new DeLorean is all about flying cars

The DeLorean name is iconic thanks largely to Back to the Future, in which one of the original automaker’s cars was turned into a time machine by ‘Doc’ Emmett Brown. Now, the original DeLorean founder’s nephew is working on making flying cars a reality, with his own aerospace company. Paul …

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Microsoft's .NET Core 2.0: What's new and why it matters

Microsoft’s .NET Core 2.0 is done and available for download as of August 14. Simultaneously, Microsoft is delivering ASP.NET Core 2.0, Entity Framework Core 2.0 and the complete .NET Standard 2.0 specification. Microsoft’s primary goal with .NET Core and .NET Standard was to make more of its application programming interfaces …

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China to suspend imports from North Korea

China will halt iron, iron ore and seafood imports from North Korea starting tomorrow as it implements new UN sanctions, the commerce ministry said. Beijing had pledged to fully enforce the latest sanctions against its diplomatic ally after coming under pressure from the United States to do more to compel …

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A Foolish Take: The 2 Ways to Found a Company

When you think about America’s most iconic companies, you can separate their founders into two categories. There are those who actually founded companies, like Mark Zuckerberg at Facebook and Jeff Bezos at Amazon . Then there are those that didn’t technically found companies, but it was their vision and effort …

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