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Bitcoin slips below $8,000 as investors step away from risk

NEW YORK: Bitcoin briefly fell below $8,000 as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets. The technology index tumbled 1.79 percent as disappointing results last week from Facebook Inc, Twitter Inc and Intel Corp spurred worries about growth for a sector that has led the equity market to record highs. “It looks like the entire market is in a risk-off mood today. It started with the (FAANG) stocks, but…

To beat porch thieves, Amazon slips packages in car trunks

Not content to stop at slipping packages inside customers’ front doors, Amazon.com on Tuesday started a new program to deliver packages to its members’ parked cars. The world's largest online retailer is rolling the program out in 37 U.S. cities for customers with newer compatible vehicles and plans to expand the service. All that is required to have packages delivered to a car is downloading an app from Amazon and linking it to the vehicle's so-called connected car service, such as General Motors's OnStar system or Volvo…

Bill Gates again world’s richest man; Trump slips

NEW YORK: Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. Gates, whose wealth is estimated at $86 billion, led the list for the fourth straight year, and has been ranked as the richest person in the world for 18 of the past 23 years. Among the top 10 billionaires, a group heavily dominated by Americans, many from the technology sector, Gates was followed by…