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Two investors snap up historic San Francisco Ferry Building for $291 million

Two investors snap up historic San Francisco Ferry Building for $291 million

New owners picked up the San Francisco Ferry Building with plans to spruce up one of the city’s best-known landmarks. Hudson Pacific Properties (NYSE: HPP) and Allianz Real Estate dropped $291 million, or $1,086 per square foot, to buy control of the 268,018-square-foot office and retail property. The seller in the deal is Equity Office, an affiliate of global investment behemoth Blackstone.
In letter to Congress, Apple sends strongest denial over ‘spy chip’ story

In letter to Congress, Apple sends strongest denial over ‘spy chip’ story

“Apple has never found malicious chips, ‘hardware manipulations’ or vulnerabilities purposely planted in any server,” he said. “We never alerted the FBI to any security concerns like those described in the article, nor has the FBI ever contacted us about such an investigation.”
Binance will disclose listing fees and donate them to its own charity

Binance will disclose listing fees and donate them to its own charity

The biggest cryptocurrency exchange wants to make its coin listing process a bit less sketchy. In a Medium post on Monday, the company said that moving forward it would disclose fees that arise in the process of getting a coin listed on the exchange and donate all listing fees to charity. Specifically, its own charity: Blockchain Charity Foundation, “a not-for-profit organization dedicated to the advancement of blockchain-enabled philanthropy towards achieving global sustainable development.”
U.S. government sides with Apple and Amazon, effectively denying Bloomberg ‘spy chip’ report

U.S. government sides with Apple and Amazon, effectively denying Bloomberg ‘spy chip’ report

Homeland Security has said it has “no reason to doubt” statements by Apple, Amazon and Supermicro denying allegations made in a Bloomberg report published earlier this week. It’s the first statement so far from the U.S. government on the report, casting doubt on the findings. Homeland Security’s statement echos near-identical comments from the U.K.’s National Cyber Security Center.
Atomico leads $31M Series B in Varjo, the Finnish startup developing ‘human-eye resolution’ VR and XR

Atomico leads $31M Series B in Varjo, the Finnish startup developing ‘human-eye resolution’ VR and XR

Varjo Technologies, the Finnish startup that made a splash earlier this year with news it had developed a virtual reality headset capable of “human-eye resolution,” has raised $31 million in Series B funding. Leading the round is Europe’s Atomico, with participation from Siemens-backed venture capital firm Next47. Existing Series A investors EQT Ventures and Lifeline Ventures also followed on. It brings total funding for the Helsinki-based company to $46 million.
Police drone finds girl, 16, who called 999 to report rape

Police drone finds girl, 16, who called 999 to report rape

High risk missing girl contacts police states she been raped & is still with the offender. Describes location thought to be huge old industrial complex surrounded by 8ft fence. Our #thermal #drone makes the find in mins. Officers guided in. 1 in custody and child safeguarded.
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions.
Critics fear Amazon's minimum wage hike will distract from its other issues

Critics fear Amazon's minimum wage hike will distract from its other issues

The world’s most powerful retailer will pay more, but its impact on the economy may mean more struggles for low-wage workers. In 1967, just a year before his assassination, Dr. Martin Luther Kinglaunched the Poor People’s Campaign to “to demand that the government address itself to the problem of poverty”. Five decades on little has changed for low-wage workers.
UK house prices fall sharply in September amid Brexit wariness

UK house prices fall sharply in September amid Brexit wariness

Economists said the national picture painted by Halifax obscured some regional differences, with London house prices falling for the first time since 2009, yet prices elsewhere are rising. UK house prices unexpectedly dropped at the fastest pace for almost six months in September, according to Halifax, as the number of homes for sale in 2018 fell to a decade low.
Despite objection, Congress passes bill that lets U.S. authorities shoot down private drones

Despite objection, Congress passes bill that lets U.S. authorities shoot down private drones

U.S. authorities will soon have the authority to shoot down private drones if they are considered a threat — a move decried by civil liberties and rights groups. The Senate passed the FAA Reauthorization Act on Wednesday, months after an earlier House vote in April. The bill renews funding for the Federal Aviation Administration (FAA) until 2023 and includes several provisions designed to modernize U.S aviation rule — from making commercial flights more comfortable for passengers to including new provisions to act against privately owned drones.
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