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Facebook reveals how it ranks items in the news feed

FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in front of displayed cables in this illustration in Zenica
FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in front of displayed cables in this illustration in Zenica, Bosnia and Herzegovina May 13, 2015. REUTERS/Dado Ruvic/File Photo

April 1, 2019

By Paul Sandle

LONDON (Reuters) – Facebook is lifting the lid on the algorithm that decides which posts appear in its news feed, as part of a drive to be more transparent and offer greater control to users.

The feature “Why am I seeing this post?”, being rolled out from Monday, offers some insight into the tens of thousands of inputs used by the social network to rank stories, photos and video in the news feed, the foundation of the platform.

“The basic thing that this tool does is let people see why they are seeing a particular post in their news feed, and it helps them access the actions they might want to take if they want to change that,” Facebook’s Head of News Feed John Hegeman told reporters on Monday.

After a series of privacy scandals, Facebook needs to regain users’ trust as it prepares to roll out a single messaging service combining Facebook messenger, WhatsApp and Instagram that could make it even more central to users’ communications.

The new news feed feature will show users the data that connect them to a particular type of post, Hegeman said, for example that they are friends with the poster and they’ve liked their posts more than others, they’ve frequently commented on that type of post before, or that the post is popular with users with the same interests.

It will detail some of the interactions that lead the algorithm to reach its conclusion, he said, although it will not show all of the thousands of inputs that influence the decision.

“We’ve tried to really focus on the signals that are most important and play the biggest role in what causes people to see a post or not,” Hegeman said.

“We don’t think this is going to solve everything on the theme of transparency but we think this is an important step.”

Facebook developed the new tool with research groups in New York, Denver, Paris and Berlin, he said, and as a result of feedback Facebook has made it easy for users to access tools to control what is in the news feed themselves.

Facebook is also updating its “Why Am I Seeing this Ad?” feature launched a few years ago with additional details, Hegeman said, such as explaining how ads work that target customers using email lists.

The company shifted its strategy for its centrepiece news feed in early 2018 when it decided to prioritize posts from family and friends and downgrade non-advertising content from publishers and brands.

(Editing by Mark Potter)

Source: OANN

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Brazil’s former president Michel Temer arrested: source

FILE PHOTO: Brazil's President Michel Temer arrives for a breakfast with foreign media at Alvorada Palace in Brasilia
FILE PHOTO: Former Brazil's President Michel Temer arrives for a breakfast with foreign media at Alvorada Palace in Brasilia, Brazil December 6, 2018. REUTERS/Adriano Machado/File Photo

March 21, 2019

SAO PAULO (Reuters) – Brazil’s former president Michel Temer was arrested on Thursday as part of the sweeping anti-corruption investigation known as “Car Wash”, a source involved in the case told Reuters.

Temer was president from 2016 to 2018, taking office following the impeachment of Dilma Rousseff.

(Reporting by Brad Brooks; Additional reporting by Pedro Fonseca and Marcelo Rochabrun)

Source: OANN

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Pope arrives in Morocco for two-day trip

Pope Francis visits Morocco
People take cover from the rain as they wait for the arrival of Pope Francis at the Hassan Tower esplanade in Rabat, Morocco, March 30, 2019. REUTERS/Youssef Boudlal

March 30, 2019

RABAT (Reuters) – Pope Francis arrived in Morocco on Saturday to start a two-day trip centered on inter-faith relations.

The Alitalia plane carrying the pope, his entourage and journalists arrived at the Moroccan capital’s airport, where King Mohammed VI greeted him.

(reporting by Ahmed Eljechtimi; Editing by Andrew Heavens)

Source: OANN

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Key Quotes from Mueller’s Report

The U.S. Department of Justice on Thursday released a redacted version of Special Counsel Robert Mueller's report on his nearly two-year investigation into whether President Donald Trump and his 2016 campaign colluded with Russia or attempted to obstruct probes.

The following are some key quotes from Mueller's 448-page report:

  • "When (former Attorney General Jeff) Sessions told the President that a Special Counsel had been appointed, the President slumped back in his chair and said, 'Oh my God. This is terrible. This is the end of my Presidency. I'm f-----d.'"
  • "The evidence we obtained about the President's actions and intent presents difficult issues that prevent us from conclusively determining that no criminal conduct occurred. Accordingly, while this report does not conclude that the President committed a crime, it also does not exonerate him."
  • "Although the investigation established that the Russian government perceived it would benefit from a Trump presidency and worked to secure that outcome, and that the Campaign expected it would benefit electorally from information stolen and released through Russian efforts, the investigation did not establish that members of the Trump campaign conspired or coordinated with the Russian government in its election interference activities."
  • "The Russian contacts (with Trump's campaign) consisted of business connections, offers of assistance to the Campaign, invitations for candidate Trump and Putin to meet in person, invitations for Campaign officials and representatives of the Russian government to meet, and policy positions seeking improved U.S.-Russian relations."
  • "The evidence supports the inference that the President intended (former campaign Chairman Paul) Manafort to believe that he could receive a pardon, which would make cooperation with the government as a means of obtaining a lesser sentence unnecessary." 

Source: NewsMax Politics

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A vow to rebuild after fire ravages #NotreDame Cathedral & 1% #BernieSanders cornered on his wealth #MAGAFirstNews with @PeterBoykin

A vow to rebuild after fire ravages #NotreDame Cathedral & 1% #BernieSanders cornered on his wealth #MAGAFirstNews with @PeterBoykin 'WE WILL REBUILD': The world is united in grief over the fire that destroyed much of Paris' Notre Dame Cathedral Monday as French President Emmanuel Macron vows the historical cathedral will be rebuilt ...  Investigators are treating the fire as an accident for now, the local prosecutor's office said. Paris police will investigate the ... See More disaster as "involuntary destruction caused by fire" and have ruled out arson and potential terror-related motives for starting the blaze, officials said. Officials were optimistic that the cathedral's world-famous bell towers had been saved , and that the main structure of the building remained intact. Fire chief Jean-Claude Gallet confirmed that firefighters had managed to stop the fire spreading to the northern belfry, the stomping ground of the fictional hunchback Quasimodo in Victor Hugo's 1831 novel "The Hunchback of Notre Dame." However, the blaze collapsed the cathedral's spire, which had been shrouded in scaffolding as part of a 6 million-euro ($6.8 million) renovation project. Macron announced the launch of an international fundraising drive to begin raising the millions of dollars necessary to restore the Notre Dame Cathedral to its former glory. SANDERS UNAPOLOGETIC IN COMBATIVE FOX NEWS TOWN HALL: Sparks flew almost immediately at Fox News' town hall with  Bernie  Sanders as the 2020 presidential candidate refused to explain why he would not voluntarily pay the massive new 52-percent "wealth tax" that he advocated imposing on the nation's richest individuals -- even though his tax records show that he is a millionaire ...  Just minutes before the town hall began, Sanders released 10`years of his tax returns. Sanders later admitted outright that "you're going to pay more in taxes" if he became president. According to the returns, Sanders and his wife paid a 26 percent effective tax rate on $561,293 in income, and made more than $1 million in both 2016 and 2017. Sanders donated $10,600 to charity in 2016 and $36,300 in 2017, the records showed, followed by nearly $19,000 in 2018. But pressed by anchors Bret Baier and Martha MacCallum as to why he was holding onto his wealth, Sanders laughed and asked the anchors to pressure Trump on his taxes and challenged the president to make his tax records public. MUELLER TIME THIS THURSDAY: The buzz in Washington, D.C. is at a fever pitch as Special Counsel Robert Mueller's much-anticipated Russia report is set to be released to the public and Congress on Thursday morning, the Justice Department has announced ... Justice Department spokeswoman Kerri Kupec told Fox News on Monday the report would be made available -- with redactions -- Thursday morning to lawmakers and to the public. The news comes despite mounting calls from Democrats to first release the report to Congress without redactions. AOC'S NOT FOND OF NETANYAHU: Rep. Alexandra Ocasio-Cortez raised eyebrows during an interview Sunday when she said the possibility of cutting military or economic aid to Israel is "on the table" after the election of Prime Minister Benjamin Netanyahu ... Ocasio-Cortez was on Yahoo News’ “Skullduggery” podcast when she said Netanyahu's election comes during a disturbing trend of "authoritarianism across the world" and called the leader a "Trump-like figure." Micah Herndon, of Tallmadge, Ohio, crawls to the finish line in the 123rd Boston Marathon on Monday, April 15, 2019, in Boston. (AP Photo/Charles Krupa) BOSTON STRONG: A Marine who ran the Boston Marathon in honor of three men he served alongside crawled across the finish line on Monday as his body almost gave up — but his mind didn't. ... Micah Herndon, 31, ran the race in 3 hours and 38 minutes, according to race results. But to hit that mark, he had to physically drag his body along the pavement to finish the race. Herndon, of Ohio, served several deployments in Iraq and Afghanistan, the Record-Courier reported. During a tour in Afghanistan in 2010, three people he was with were killed when they were targeted by an IED

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Herman Cain says sexual harassment allegations not a factor in withdrawing from Fed consideration

Former Republican presidential candidate Herman Cain appeared on "Hannity" Tuesday night, where he addressed whether past allegations of sexual harassment were a factor in his decision to withdraw from consideration for a seat on the Federal Reserve's board.

"Those accusations had nothing to do with my decision," Cain told host Sean Hannity. "My decision was driven by ... collecting all the information, and also finding out from administration staffers the things that I could and could not do.

CAIN'S BID FOR FED FACES SETBACK

"And when I started to look at the things that I could not do," Cain continued, "that is like taking a stallion, keeping him in the stables, and not let him run. I couldn't do the things that I enjoy."

President Trump tweeted Monday that Cain asked not to be nominated.

"And when I started to look at the things that I could not do, that is like taking a stallion, keeping him in the stables, and not let him run."

— Herman Cain

“My friend Herman Cain, a truly wonderful man, has asked me not to nominate him for a seat on the Federal Reserve Board. I will respect his wishes. Herman is a great American who truly loves our Country!” Trump tweeted.

Sexual harassment and infidelity allegations hurt Cain’s 2012 presidential bid and resurfaced after Trump initially said he intended to nominate him for the Fed board.

Cain, the former CEO of Godfather's Pizza, said last week on Fox Business Network that he had no plans to withdraw from consideration.

CLICK TO GET THE FOX NEWS APP

Cain told Hannity that limitations on speaking openly eventually led him to withdraw his nomination.

"If I have become the Federal Reserve governor, I would have been limited in terms of what I could talk about and tell people the truth, whereas in this environment, I am unlimited in being able to say what I want, when I want, to whoever if I want when it comes to the truth. That is why I made the decision not to do it," Cain said.

Fox News' Judson Berger and the Associated Press contributed to this report.

Source: Fox News Politics

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Citi to double Brazil commercial bank unit’s assets by 2020

FILE PHOTO: The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo

February 18, 2019

By Carolina Mandl and Tatiana Bautzer

SAO PAULO (Reuters) – Citigroup Inc plans to double its Brazilian commercial banking unit’s assets by 2020, thanks to growth in loans to mid-sized companies, department head Antonio Rubens told journalists on Monday.

The bank’s commercial unit has roughly 5 billion reais ($1.34 billion) in assets, out of 75 billion reais for Citi’s Brazilian operation as a whole, most of it dedicated to larger corporations.

Rubens said those assets jumped by 27 percent in 2018 as an economic recovery increased demand. Deposits grew 10 percent to 3 billion reais.

Citi is targeting firms with between 200 million and 1.8 billion reais in revenues, he said.

This move underscores a shift in Citi’s strategy in Brazil toward wholesale activities after selling its retail assets there to Itaú Unibanco Holding SA for 710 million reais.

($1 = 3.7294 reais)

(Editing by Bernadette Baum)

Source: OANN

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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