Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s


Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s
Tesla begins Model 3 delivery in China ahead of schedule Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected.

Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March.

State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai.

In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the second half of this year.

The company has said manufacturing in the world’s largest market for electric cars would help reduce transport and tariff costs. The automaker said in October it operates at a 55 percent to 60 percent cost disadvantage compared with its Chinese peers.

Tesla’s revenues from China fell 13 percent last year to $1.8 billion, the company disclosed in a filing with the U.S. Securities and Exchange Commission on Feb. 19.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


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Analyst: Baidu may be the safest of the BAT stocks

Analyst: Baidu may be the safest of the BAT stocks4 Hours AgoLeo Sun of The Motley Fool says he likes Baidu as a “conservative play,” but prefers Tencent over the Chinese search giant in the long-term.


Analyst: Baidu may be the safest of the BAT stocks4 Hours AgoLeo Sun of The Motley Fool says he likes Baidu as a “conservative play,” but prefers Tencent over the Chinese search giant in the long-term.
Analyst: Baidu may be the safest of the BAT stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22
Keywords: news, cnbc, companies, likes, motley, bat, search, baidu, safest, play, prefers, longterm, stocks4, analyst, tencent, stocks


Analyst: Baidu may be the safest of the BAT stocks

Analyst: Baidu may be the safest of the BAT stocks

4 Hours Ago

Leo Sun of The Motley Fool says he likes Baidu as a “conservative play,” but prefers Tencent over the Chinese search giant in the long-term.


Company: cnbc, Activity: cnbc, Date: 2019-02-22
Keywords: news, cnbc, companies, likes, motley, bat, search, baidu, safest, play, prefers, longterm, stocks4, analyst, tencent, stocks


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Wall Street doubts Kraft Heinz after it writes down two of its best known brands

Wall Street is doubting Kraft Heinz after the food giant wrote down the value of its iconic Kraft and Oscar Mayer brands. Last year, Oscar Mayer’s sales totaled $5.44 billion and the Kraft brand’s sales totaled $5 billion, according to market research firm Euromonitor International. These brands are two of the company’s most important brands, worrying the Street that if Kraft can’t manage these brands, it may not be able to compete in today’s competitive grocery landscape. Kraft Heinz is a produ


Wall Street is doubting Kraft Heinz after the food giant wrote down the value of its iconic Kraft and Oscar Mayer brands. Last year, Oscar Mayer’s sales totaled $5.44 billion and the Kraft brand’s sales totaled $5 billion, according to market research firm Euromonitor International. These brands are two of the company’s most important brands, worrying the Street that if Kraft can’t manage these brands, it may not be able to compete in today’s competitive grocery landscape. Kraft Heinz is a produ
Wall Street doubts Kraft Heinz after it writes down two of its best known brands Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: angelica lavito
Keywords: news, cnbc, companies, doubts, street, known, kraft, costs, equity, compete, wrote, best, wall, writes, heinz, billion, oscar, brands, goldman


Wall Street doubts Kraft Heinz after it writes down two of its best known brands

Wall Street is doubting Kraft Heinz after the food giant wrote down the value of its iconic Kraft and Oscar Mayer brands.

Kraft reported a goodwill impairment charge of $15.4 billion in the fourth quarter, resulting in a net loss of $12.61 billion. Last year, Oscar Mayer’s sales totaled $5.44 billion and the Kraft brand’s sales totaled $5 billion, according to market research firm Euromonitor International. The two brands represent about 15 percent to 20 percent of the company’s portfolio, at least in the U.S., Piper Jaffray analyst Michael Lavery said.

These brands are two of the company’s most important brands, worrying the Street that if Kraft can’t manage these brands, it may not be able to compete in today’s competitive grocery landscape.

Packaged food companies across the board are feeling pressure as consumers abandon iconic brands and opt for private label products or new upstart brands. People are also increasingly shopping the perimeters of stores, meaning they’re buying more fresh foods and less packaged foods that make up the bulk of companies like Kraft’s portfolio.

Since Heinz acquired Kraft in 2015, the company has relentlessly slashed costs. Some have worried this cost-cutting came at the expense of much needed investments to compete for today’s consumer. The write downs reported Thursday intensified those fears.

“We believe these impairments validate fears that [Kraft] may have been more focused on costs than building brand equity, and even if management now has ‘seen the light’, we are now concerned that its brands lack the equity to drive pricing power needed to compete and drive growth in a sustainable way,” Lavery wrote in a note to clients Friday.

Kraft Heinz is a product of 3G Capital, a Brazilian investment firm known for slashing costs. So is Anheuser-Bush InBev, a megabrewer that has found its main Budweiser and Bud Light brands losing market share as consumers drink more craft beer.

Based on the dismal fourth-quarter results and 2019 forecast Kraft gave Thursday, it’s now “more than fair to ask if any fundamental value” has been created since the Kraft Heinz merger, J.P. Morgan analyst Ken Goldman wrote in a note to clients Friday. Between Kraft and ABI’s struggles, Goldman said it’s “reasonable to question the entire 3G strategy.”

“Investors for years have asked if 3G’s extreme belt-tightening model ultimately would result in brand equity erosion,” Goldman wrote. “We think the answer arguably came yesterday in the form of a $15B (!) intangible asset write-down for the Kraft and Oscar Mayer brands.”

Kraft also revealed Thursday it’s the subject of a Securities and Exchange Commission investigation. The company received a subpoena in October related to its accounting policies, procedures and internal controls related to procurement.

Shares tanked 27 percent in trading Friday morning, hitting a 52-week low of $35. Even before taking Friday’s losses into consideration, the company’s stock was down more than 28 percent over the past month, although shares were making gains since the start of this year.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: angelica lavito
Keywords: news, cnbc, companies, doubts, street, known, kraft, costs, equity, compete, wrote, best, wall, writes, heinz, billion, oscar, brands, goldman


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Intel says its 5G modem chips will not appear in phones until 2020

Intel executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple, will be more than a year behind rivals in delivering a device that uses the faster networks. Intel has said its 5G modem chip will be available later this year, but it never indicated when it believed products will arrive for consumers. Rivera said non-consumer 5G products, such as networking gear, will appear later this year. It was unclear whether


Intel executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple, will be more than a year behind rivals in delivering a device that uses the faster networks. Intel has said its 5G modem chip will be available later this year, but it never indicated when it believed products will arrive for consumers. Rivera said non-consumer 5G products, such as networking gear, will appear later this year. It was unclear whether
Intel says its 5G modem chips will not appear in phones until 2020 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: stephen nellis, justin sullivan, getty images
Keywords: news, cnbc, companies, appear, 5g, products, executives, intel, chips, modem, intels, chip, swan, 2020, phones, apple


Intel says its 5G modem chips will not appear in phones until 2020

Intel executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple, will be more than a year behind rivals in delivering a device that uses the faster networks.

Sandra Rivera, who oversees Intel’s networking chip business, said at a media event in Palo Alto, California, that sample 5G modem chips will ship to customers this year but that Intel does not expect consumer “products in the market” until 2020.

Intel has said its 5G modem chip will be available later this year, but it never indicated when it believed products will arrive for consumers. Rivera said non-consumer 5G products, such as networking gear, will appear later this year.

It was unclear whether Intel’s timing on modem chips means that Apple will not have an iPhone with 5G capabilities in 2019. Bloomberg previously reported that Apple would not have a 5G iPhone ready until 2020.

Apple executives have held talk with Samsung and MediaTek over 5G modem chips for iPhones to be released this year, but the outcome of those talks is unknown.

Reuters reported on Feb. 7 that Apple earlier this year moved its modem engineering efforts into the same division that makes its proprietary processor chips.

Apple did not immediately respond to a request for comment.

While Apple remains Intel’s only major modem chip customer now, Intel Chief Executive Bob Swan said the Santa Clara, California-based chipmaker plans to pursue other lines of business, such as selling modems to carmakers.

He also said that modems could appear in a range of other devices, such as network gear, alongside Intel’s computing chips as 5G networks proliferate. But Intel executives declined to comment on whether Intel would combine its modem and processors into a single chip the way that rivals such as San Diego-based Qualcomm Inc have done.

Swan said Intel did not plan to generate patent licensing revenue from its 5G technology like its Southern California competitor does.

“Our model relative to other California-based players is just completely different,” Swan said. “Ours is not a licensing based model.

“Royalty streams that are charged against the cost of the entire device, that’s a model that as you know has caused quite a bit of friction in the market,” Swan continued, alluding to Qualcomm’s legal battles with Apple and other phone makers over the San Diego firm’s patent practices. “Friction for others is opportunity for us.”


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: stephen nellis, justin sullivan, getty images
Keywords: news, cnbc, companies, appear, 5g, products, executives, intel, chips, modem, intels, chip, swan, 2020, phones, apple


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Singapore lender OCBC’s quarterly profit falls 10 percent, misses estimates

Oversea-Chinese Banking Corp warned of slower economic growth after Singapore’s second-biggest listed lender missed market estimates with a 10 percent drop in quarterly profit, due to a weak performance in its insurance business. Singapore banks are gearing up for tougher times after three years of strong loans growth as the city-state’s export-reliant economy slows, partly due to a trade war between China and the United States. OCBC’s October-December net profit came in at S$926 million ($684 m


Oversea-Chinese Banking Corp warned of slower economic growth after Singapore’s second-biggest listed lender missed market estimates with a 10 percent drop in quarterly profit, due to a weak performance in its insurance business. Singapore banks are gearing up for tougher times after three years of strong loans growth as the city-state’s export-reliant economy slows, partly due to a trade war between China and the United States. OCBC’s October-December net profit came in at S$926 million ($684 m
Singapore lender OCBC’s quarterly profit falls 10 percent, misses estimates Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: ore huiying, bloomberg, getty images
Keywords: news, cnbc, companies, falls, market, united, ocbcs, singapore, estimates, million, listed, growth, lender, trade, profit, quarterly, economic, misses


Singapore lender OCBC's quarterly profit falls 10 percent, misses estimates

Oversea-Chinese Banking Corp warned of slower economic growth after Singapore’s second-biggest listed lender missed market estimates with a 10 percent drop in quarterly profit, due to a weak performance in its insurance business.

Singapore banks are gearing up for tougher times after three years of strong loans growth as the city-state’s export-reliant economy slows, partly due to a trade war between China and the United States.

“Looking ahead, global economic growth is expected to slow on concerns of continued trade and geopolitical tensions, subdued market and investment sentiments and rising policy risks in the advanced economies,” OCBC CEO Samuel Tsien said in a statement on Friday.

OCBC’s October-December net profit came in at S$926 million ($684 million), versus S$1.03 billion a year earlier and compared with the S$1.17 billion average estimate of four analysts, according to data from Refinitiv.

The results came days after top lender DBS Group Holdings posted an 8 percent rise in quarterly profit, in line with market expectations.

On Friday, United Overseas Bank, the smallest listed lender in the city-state, reported a 7 percent increase in quarterly profit to S$916 million.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: ore huiying, bloomberg, getty images
Keywords: news, cnbc, companies, falls, market, united, ocbcs, singapore, estimates, million, listed, growth, lender, trade, profit, quarterly, economic, misses


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Elon Musk is ‘almost unethical’ says outgoing AutoNation CEO

Tesla CEO Elon Musk acts in an “almost unethical” way, the outgoing CEO of the largest U.S. auto dealer chain told CNBC on Friday. Musk recently said he expects Tesla to have all the features needed for fully self-driving cars by the end of the year. “I think he is overpromising on autonomous vehicles in an almost unethical way,” AutoNation CEO Mike Jackson said on “Squawk Box,” referring to Musk. Tesla initially advertised its Model 3 at a price of $35,000 but has so far sold only more expensiv


Tesla CEO Elon Musk acts in an “almost unethical” way, the outgoing CEO of the largest U.S. auto dealer chain told CNBC on Friday. Musk recently said he expects Tesla to have all the features needed for fully self-driving cars by the end of the year. “I think he is overpromising on autonomous vehicles in an almost unethical way,” AutoNation CEO Mike Jackson said on “Squawk Box,” referring to Musk. Tesla initially advertised its Model 3 at a price of $35,000 but has so far sold only more expensiv
Elon Musk is ‘almost unethical’ says outgoing AutoNation CEO Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: robert ferris
Keywords: news, cnbc, companies, way, autonation, expects, ceo, long, outgoing, vehicles, musk, model, elon, tesla, jackson, unethical


Elon Musk is 'almost unethical' says outgoing AutoNation CEO

Tesla CEO Elon Musk acts in an “almost unethical” way, the outgoing CEO of the largest U.S. auto dealer chain told CNBC on Friday.

Musk recently said he expects Tesla to have all the features needed for fully self-driving cars by the end of the year. That seems like an almost impossible goal, Cox Automotive executive publisher Karl Brauer said Wednesday on CNBC’s “The Exchange.” Other companies working on autonomous driving technology, such as Waymo, are not making such bold predictions.

“I think he is overpromising on autonomous vehicles in an almost unethical way,” AutoNation CEO Mike Jackson said on “Squawk Box,” referring to Musk.

Jackson has long been a Tesla critic and has accused Musk of using “bait-and-switch” tactics on consumers, making commitments he cannot keep, and has said the electric car maker’s business will not be sustainable over the long term.

In the interview Friday, Jackson once again criticized Tesla’s practice of taking orders on the midsize Tesla Model 3 sedan, saying the cars Tesla has been building are different from the ones the company had said it planned to build. Tesla initially advertised its Model 3 at a price of $35,000 but has so far sold only more expensive versions.

“There’s not another retailer in America that could get away with that bait and switch,” Jackson said. Currently the cheapest Model 3 starts at $42,900. Musk has said that despite the originally advertised price, Tesla has had to prioritize the production of more expensive versions to keep margins high. At one point, Tesla had more than 400,000 reservations for the the Model 3.

Tesla has faced political and legal battles in several states over its decision to eschew the traditional dealership model in favor of a direct model that sells to customers.

AutoNation reported earnings of $1.10 on Friday, missing a consensus estimate by 4 cents. The dealership chain also said Jackson will end his long tenure in the top job in March, and Carl Liebert will succeed him on March 11. Liebert was formerly chief operating officer at financial services company USAA. He was also executive vice president of stores at home improvement retailer Home Depot.

AutoNation shares sank 6 percent in early trading Friday. Tesla’s stock was up 1.2 percent.

“It was a challenging quarter, no question,” Jackson said. New vehicle sales across the industry were down 10 percent in California, and environments in Texas and Florida were also problems.

“But even beyond those two explanations, I think retail automotive is getting more difficult,” he said, attributing the challenges in part to the cyclical nature of the business.

Jackson said he expects a gradual downturn across the industry. He expects sales in 2019 to be about 16.8 million vehicles, down from 17.2 million in 2018.

Tesla did not immediately respond to CNBC’s request for comment about Jackson’s remarks.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: robert ferris
Keywords: news, cnbc, companies, way, autonation, expects, ceo, long, outgoing, vehicles, musk, model, elon, tesla, jackson, unethical


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Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas


Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again. Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. “Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. Virgin Galactic’s spacecraft Unity holds up to six pas
Richard Branson’s Virgin Galactic reaches space again, this time with first test passenger Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


Richard Branson's Virgin Galactic reaches space again, this time with first test passenger

Two months after the inaugural spaceflight, Virgin Galactic’s spacecraft Unity has done it again.

Virgin Galactic sent three human beings on Unity for the first time in Friday’s supersonic test flight, which reached three times the speed of sound on its way up. Just before the flight, Richard Branson’s space tourism company told CNBC that astronaut trainer Beth Moses is on the company’s spacecraft Unity, along with the two pilots.

“Beth Moses is on board as a crew member,” a Virgin Galactic spokeswoman told CNBC. “She will be doing validation of some of the cabin design elements.”

This is the first time Virgin Galactic carried three human beings on its ride to the edge of space. In previous test flights, the two pilots were the only ones inside of the spacecraft.

Virgin Galactic’s spacecraft Unity holds up to six passengers along with the two pilots. As the company has more than 600 would-be astronauts signed on to launch, Moses’ work is key to preparing Virgin Galactic for commercial operations. Tickets for Virgin Galactic’s flights are priced at $250,000 each.

Pilots Dave Mackay and Michael “Sooch” Masucci also became astronauts, as the company said the test flight reached an altitude of 55.9 miles, or nearly 90 kilometers. MacKay, Masucci and Moses join a list of less than 600 human beings who have flown in space.

The U.S. officially consider pilots who have flown above 80 kilometers to be astronauts. Following Virgin Galactic’s first successful spaceflight in December, the Department of Transportation awarded pilots Mark Stucky and C.J Sturckow with commercial astronaut wings – only the third and fourth such people recognized as private astronauts.

Unity also carried NASA-funded payloads on this mission. Under NASA’s Flight Opportunities program, four experiments flew on board the spacecraft. NASA said that most of these same experiments flew on Unity’s first spaceflight, while two also launched on Blue Origin’s rocket test flight in January.

“Regular access to reduced-gravity lets researchers collect data needed to mature their technologies for use in deep space,” NASA said in a statement.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: michael sheetz, source, virgin galactic
Keywords: news, cnbc, companies, richard, virgin, spacecraft, pilots, galactics, flight, reaches, unity, test, passenger, galactic, bransons, moses, space, spaceflight


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Trump: Amazon’s decision to pull HQ2 is ‘a big loss for New York City’


Trump: Amazon’s decision to pull HQ2 is ‘a big loss for New York City’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22
Keywords: news, cnbc, companies, trump, loss, city, hq2, decision, big, pull, york, amazons



Company: cnbc, Activity: cnbc, Date: 2019-02-22
Keywords: news, cnbc, companies, trump, loss, city, hq2, decision, big, pull, york, amazons


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Indian lawmakers summon Facebook officials over citizens’ rights protection

An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media. The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added. It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear. The panel has previously summoned social


An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media. The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added. It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear. The panel has previously summoned social
Indian lawmakers summon Facebook officials over citizens’ rights protection Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: guillermo gutierrez, getty images
Keywords: news, cnbc, companies, media, whatsapp, summoned, summon, officials, facebook, panel, twitter, protection, indian, social, online, rights, citizens, lawmakers, parliamentary, services


Indian lawmakers summon Facebook officials over citizens' rights protection

An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media.

Social media in the world’s largest democracy have become a hotbed for circulation of fake political news and tech firms face intense scrutiny ahead of a general election due before May, where Prime Minister Narendra Modi will seek a second term.

In a circular late on Thursday, the parliamentary committee on information technology, chaired by Anurag Thakur, a lawmaker from Modi’s ruling Bharatiya Janata Party, said it would hear the views of officials from Facebook and its units on March 6.

The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added.

It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear.

Facebook declined to comment, while WhatsApp and Instagram did not immediately respond to a request for comment.

The panel has previously summoned social network Twitter Inc’s Chief Executive Jack Dorsey to appear on Monday to discuss the same topic.

“These are issues for all Internet services globally,” Twitter said on Friday, adding that Colin Crowell, its global vice president of public policy, is to meet the panel on Monday.

Facebook, WhatsApp and Twitter have overhauled policies to boost transparency ahead of the general election and rein in misinformation.

Alphabet Inc’s Google this week launched a program to train journalists in areas such as online verification and fact checking before the polls.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: guillermo gutierrez, getty images
Keywords: news, cnbc, companies, media, whatsapp, summoned, summon, officials, facebook, panel, twitter, protection, indian, social, online, rights, citizens, lawmakers, parliamentary, services


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Google searches could be used to predict emergency room visits

There’s a lot you can learn about a person by monitoring their Google searches, especially when it comes to their health. Google has previously disclosed that about 1 in 20 searches, or 5 percent, are for health information. Each of the participants presented tens of thousands of searches to the researchers around the medical event. “This might help us anticipate the demand of patients entering the hospital,” said Penn Medicine’s Jeremy Asch, one of the researchers involved with the study. The r


There’s a lot you can learn about a person by monitoring their Google searches, especially when it comes to their health. Google has previously disclosed that about 1 in 20 searches, or 5 percent, are for health information. Each of the participants presented tens of thousands of searches to the researchers around the medical event. “This might help us anticipate the demand of patients entering the hospital,” said Penn Medicine’s Jeremy Asch, one of the researchers involved with the study. The r
Google searches could be used to predict emergency room visits Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: christina farr, ariel skelley, digitalvision, getty images
Keywords: news, cnbc, companies, researchers, emergency, study, whos, searches, google, searched, patient, predict, room, medicine, patients, used, involved, visits


Google searches could be used to predict emergency room visits

There’s a lot you can learn about a person by monitoring their Google searches, especially when it comes to their health.

That’s according to a new study published in the journal BMJ Open from researchers at Penn Medicine, which found that in the week before an emergency room visit, patients conduct nearly three times as many health-related searches, or 16 percent of their total. Google has previously disclosed that about 1 in 20 searches, or 5 percent, are for health information.

Penn Medicine was able to access this data by asking about 300 patients with a Google account to share their search histories and health records with researchers. About half of the people who were approached to participate in the study between 2016 and 2017 consented, and 103 of them met the criteria. Each of the participants presented tens of thousands of searches to the researchers around the medical event.

The research is still early, but the team behind it sees a lot of potential in using data like this to figure out who’s likely to get sick, so hospitals can better prepare for them.

“This might help us anticipate the demand of patients entering the hospital,” said Penn Medicine’s Jeremy Asch, one of the researchers involved with the study. Asch said that about 15 percent of people searched for the nearest emergency department or the hours and location, and people often searched for health-related terms on several occasions before going to the hospital.

The researchers also noticed some communication gaps by comparing the Google searches to the notes in the patient’s medical record.

For instance, one patient who searched, “how big is a walnut?” and “what is a fibrous tumor?” The researchers said that the patient had been informed by a doctor that she had a fibrous tumor the size of a walnut. She apparently didn’t understand her condition, and she had to turn to Google to look it up.

The researchers said studies like these involve extremely sensitive and private information, so it’s important that patients fully understand what they’re consenting to. For that reason, a company like Google might not have success with this kind of study, as it requires patients to trust that the information won’t be accessed by third parties, including advertisers.

So far, Google has focused instead on population health trends rather than in analyzing the behavior of individuals. For instance, it has a partnership with hospitals such as Stanford and University of California San Francisco to aggregate millions of patient records and figure out who’s likely to get sick.

“When we do this kind of work, we make sure that we do it in a patient-centered way” said Raina Merchant, who’s involved with the research and is an associate professor of Emergency Medicine. “We really took into account that this was very personal and private, so we had to communicate this clearly with patients.”

Merchant was also involved in another study of social media data, which found that the content people share on Facebook can predict a future occurrence of depression.

WATCH: Move of ex-Microsoft exec to Apple indicates company shifting away from iPhone


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: christina farr, ariel skelley, digitalvision, getty images
Keywords: news, cnbc, companies, researchers, emergency, study, whos, searches, google, searched, patient, predict, room, medicine, patients, used, involved, visits


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