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Author: traderhub8   |   Latest post: Mon, 24 Jun 2019, 8:51 AM

 

Phillip Capital Morning Note - 22/3/2019

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Boeing's 737 Max aircraft will be outfitted with a warning light for malfunctions in the anti-stall system suspected in October's fatal crash in Indonesia, an industry source told AFP.

Amazon.com Inc has hit on a new way to grab a chunk of the US$129 billion digital advertising market now dominated by Google and Facebook: sell video spots on the e-commerce giant's smartphone shopping app.

Facebook on Thursday admitted that millions of passwords were stored in plain text on its internal servers, a security slip that left them readable by the social networking platform's employees.

A Google executive offered new details on Wednesday about the company's upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content.

Shares in Levi Strauss & Co surged 31 per cent in their debut on Thursday, giving the jeans maker a market value of US$8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber.

Source: SGX Masnet, Bloomberg, Channel NewsAsia, Reuters, The Business Times, PSR

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