Good morning! It's going to be a rainy day in London today. Here's the tech news you need to know this morning.
10 Things In Tech You Need To Know Today (TWTR, GOOG, AMZN, AAPL, CMCSA, BBRY) | ||
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1. Twitter's CFO accidentally tweeted a DM about acquiring a company. DM fails are a common mistake. 2. Google has settled a defamation case with a Morgan Stanley banker who was falsely accused of being a murderer. Defamatory posts appeared in Google Search results. 3. Amazon is going to help customers find plumbers and electricians. They'll see suggested tradesmen after buying items like ceiling fans. 4. A sophisticated piece of malware named "Regin" has attacked internet users in 14 countries. We don't yet know who it was created by. 5. Apple has unveiled its Black Friday deals. Shoppers will receive iTunes gift cards with certain purchases. 6. Comcast will start notifying customers 30 minutes before a technician arrives. The alert takes place through its new app. 7. BlackBerry will pay iPhone users up to $550 to switch to a BlackBerry phone instead. The deal starts in December. 8. Amazon has accused a man who is protesting outside of its HQ of doing it for media attention. He was employed by the company in 2012. 9. Apple's iCloud service is so bad because the company doesn't have a dedicated team working on it. It keeps having to rebuild existing technology. 10. The FAA has proposed new rules on commercial drone use. It could stop Amazon's plans to use drones to deliver packages. Join the conversation about this story »  | ||
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Consumer spending helps Germany skirt recession in Q3 | ||
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Frankfurt (AFP) - Higher household and government spending enabled Germany, Europe's biggest economy, to avoid a recession in the third quarter, official data showed on Tuesday. Increased exports also provided a boost, while falling investment acted as a drag on recovery, the federal statistics office Destatis said in a statement. Confirming a preliminary estimate released earlier this month, the statisticians calculated that gross domestic product (GDP) expanded by 0.1 percent in the period from July to September. In the preceding three months, the economy had shrunk by 0.1 percent. Recession is technically defined as two consecutive quarters of falling GDP. Providing a detailed breakdown of the different GDP components, Destatis wrote that "in the third quarter, positive impulses came primarily from private consumer spending, which increased by 0.7 percent. Government spending was also higher, rising by 0.6 percent." In addition, exports were 1.9 percent higher than in the second quarter, climbing faster than imports, so that net foreign trade "made a slightly positive contribution to growth," Destatis said. By contrast, investment declined, primarily in machinery and equipment, but also in construction, the statement said. Join the conversation about this story »  | ||
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