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Facebook hack exposes 50 million accounts

TicToc by Bloomberg on Twitter: "Within hours of Facebook's announcement that nearly 50 million accounts were compromised by hackers, a class-action suit against the social media giant was filed by users in California… https://t.co/mGFJ48UQ0C"

TicToc by Bloomberg on Twitter: “Within hours of Facebook’s announcement that nearly 50 million accounts were compromised by hackers, a class-action suit against the social media giant was filed by users in California… https://t.co/mGFJ48UQ0C”https://twitter.com/tictoc/status/1045945097223905281“Within hours of Facebook’s announcement that nearly 50 million accounts were compromised by hackers, a class-action suit against the social media giant was filed by users in California https://t.co/BST7uaLYwG”

Future Apple Watch models could get EKG heart monitoring

Future Apple Watch models could get EKG heart monitoringhttps://www.engadget.com/2017/12/21/apple-watch-ekg-heart-tracking/We’ve already seen an EKG band for the Apple Watch, but now Apple is reportedly working on bringing the feature directly into its smartwatch, Bloomberg reports. With EKG monitoring, the Apple Watch would be able to track electrical signals from your heart, allowing it to detect things like irregular heartbeats. Think of it as a major upgrade over the device’s current heart tracking, which is more focused on fitness.

Apple’s Jony Ive will return to his design management role

Apple’s Jony Ive will return to his design management rolehttps://www.engadget.com/2017/12/08/apple-jony-ive-return-design-management/Apple’s chief design officer, Jony Ive, is picking his old management duties back up again, 9to5Mac reports. Back in 2015, Ive was upgraded to chief design officer from senior VP and day-to-day management was taken over by Alan Dye and Richard Howarth. Earlier today, 9to5Mac noted that Dye and Howarth were no longer listed on Apple’s leadership page and now word’s out that Ive is back at the management helm. In a statement to Bloomberg, an Apple spokesperson said, “With the completion of Apple Park, Apple’s design leaders and teams are again reporting directly to Jony Ive, who remains focused purely on design.”

Bloomberg: 3D Printing Rockets to Get to Space

Relativity Space and its two founders – Tim and Jordan – have a plan to make rockets faster and cheaper than anyone else. To do this, they’re looking to build every part of a rocket – its engine, its fuel tanks and its body – with giant 3D printers. In this Hello World short, Bloomberg Businessweek’s Ashlee Vance goes to check out Relativity.

Toys ‘R’ Us has declared bankruptcy

Toys ‘R’ Us has declared bankruptcyhttps://www.engadget.com/2017/09/18/toys-r-us-might-declare-bankruptcy-soon/Toys ‘R’ Us has filed for bankruptcy, according to Bloomberg. That should help the toy giant restructure the $400 million in debt that comes due for it next year, which it was saddled with after getting bought out a decade ago. While the retail chain has been suffering declining sales for five years, Amazon has continued to grow its own toy sales, taking a bigger share of the industry.

Google reacts to Trump immigration order by recalling staff

by Mariella Moon @ engadget.com

The President’s latest executive order could spell bad news for the tech industry that’s known for hiring overseas talents under a working visa. In fact, Google chief Sundar Pichai has just issued a memo to employees overseas, urging them to fly back to the US ASAP or risk not being able to get into the country at all. “It’s painful to see the personal cost of this executive order on our colleagues,” he wrote in the memo. According to Bloomberg, the employees in question work in the US but are abroad either on business or for a vacation. A lot of them tried to get back into the country before the President signed on the dotted line, but not everyone made it back in time.

Swiss cops use anti-drone guns at the World Economic Forum

by Mariella Moon @ engadget.com

Swiss authorities have added another security measure for this year’s World Economic Forum in Davos: anti-drone guns. Bloomberg has spotted local police preparing HP 47 Counter UAV Jammers to make sure no unmanned aerial vehicle (UAV) gets too close to the venue, whether it’s sent by a spy organization or just a nosy onlooker. That’s the same jammer the German police used in Berlin when President Obama visited the country. The publication says authorities decided to bring in an anti-drone technology, because people with malicious intent could use UAVs to monitor security positions or even to launch attacks.

Duterte’s Talked the Peso to Its Lowest Level in Seven Years

by Lilian Karunungan @ bloomberg.com

by Lilian Karunungan @ bloomberg.com

The last time the Philippine peso neared 50 to the dollar, the global financial system was melting down and the central bank raised interest rates to defend it. This time, it has been driven by the president cursing his trading partners and his finance chief accepting the declines.

Credit Suisse Group AG and Rabobank Groep predict the currency will weaken past 50 per dollar next year, a level last seen in November 2008. Pioneer Investment Management Ltd. doesn’t see the peso as a long-term, strategic investment. The currency fell to a seven-year low of 48.618 in October, and was Asia’s worst performer in the third quarter, when it fell 3 percent.