An Italian watchdog fines Facebook €10million for misleading users of its data practices. In addition, the authority demanded the company state how it uses data on its website and app.
Reported by euronews 14 minutes ago.
Italy fines Facebook €10million for misleading users over data practices
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Top swimmers challenge FINA with lawsuit
A group of swimmers have lodged an anti-trust case against world governing body FINA in a US court for threatening them over independent meet in Italy.
Reported by SBS 10 hours ago.
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Lucas Paqueta Arrives in Italy Ahead of January Transfer to AC Milan
Reported by SI.com 10 hours ago.
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Video: Lucas Paqueta arrives in Italy to complete AC Milan move, first words to media
Reported by CaughtOffside 10 hours ago.
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Gray Milan has ambitious plans to be cleaner, greener
MILAN (AP) — If Italy's fashion capital has a predominant color, it is gray — not only because of the blocks of neoclassical stone buildings for which the city is celebrated, but also due to its often-gray sky, which traps pollution.But...
Reported by New Zealand Herald 10 hours ago.
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Italy's League leader faces friendly fire over budget
Italy's deputy prime minister, Matteo Salvini, normally relishes confrontation, but now the firebrand populist is under attack from a place he calls home.
Reported by Reuters India 9 hours ago.
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An economist who predicted Trump's rise as early as 2011 explains how he's changing the face of American capitalism forever
**· *Chicago Booth Business School professor Luigi Zingales believes that President Donald Trump is fundamentally altering the face of American capitalism.*
· *Trump's embrace of so-called "crony capitalism" could lead to a permanent shift in how American politics functions.*
· *"It's like when everyone waits in line to get the bus, or the ski lift, or to go to the office ... If one person deviates, you yell at him. If two deviate, you yell at them. If three deviate, you join them." *
· *In 2011, Zingales wrote a book in which he predicted the rise of a Trump-like figure in American politics, citing the success of Silvio Berlusconi in his native Italy. *
· *The chapter of the book discussing that possibility was never published as colleagues said the idea was so far-fetched it would damage Zingales' reputation.*
A widely respected economist who predicted the rise of Donald Trump as early as 2011 believes that by the time Trump's time in the White House is over, the face of American capitalism may be fundamentally altered forever.
Speaking to Business Insider in October, Luigi Zingales — a professor of entrepreneurship and finance at Chicago Booth Business School, whose work focuses on crony capitalism — said that Trump's willingness to appoint friends and allies to positions of power, particularly in the judiciary, has the potential to entirely shift how American politics functions.
Zingales, an Italian, has frequently compared Trump to four-time Italian Prime Minister Silvio Berlusconi, says what is likely to happen if Trump continues along that path is similar to what occurs in his native land — politicians of all stripes trying to influence people in positions that are meant to be free from political interference like judges and central bank governors.
In Italy, Zingales says, the probability senior members of the judiciary being leaned on by politicians prior to making important rulings is "100%."
In the USA, such attempts would be considered highly unusual, but President Trump's outspoken criticism of both the Mueller probe and the activities of the Federal Reserve under Chairman Jerome Powell is beginning to normalize such behaviour.
*Read more: An alarming slowdown in global trade shows Trump's tariff war is having a devastating impact*
"If I expect that the other side is going to try to get to the judge [and influence his decision], I will also try to get to the judge," he said.
If it were to become truly normal, Zingales said, that would be very difficult to reverse. What could happen, Zingales said, is much like people standing in line waiting for a bus.
"It's like when everyone waits in line to get the bus, or the ski lift, or to go to the office. As long as everybody is in line, you don't like it, but you join the line as well.
"If one person deviates, you yell at him. If two deviate, you yell at them. If three deviate, you join them. At some point, if everybody goes, you can't be the only idiot still waiting in line."
Whether such institutionalized changes to the workings of American politics stick will depend, Zingales said, on how long Trump is president.
"What remains to be seen is to what extent this can be seen as an aberration, and then the world returns to a normal situation moving forward, or to what extent this is a permanent shift in the way politics is run in the United States, and the way people perceive it," he said.
The impact of such changes is likely to be much more long-lasting if Trump is reelected in 2020, and serves a full eight years in the White House.
"The negative impact is very dependent on this," he said. "My suspicion is that once people develop a reputation, it's very hard to go back."
"Once you shift the game, changing back ain't easy," he added.
Zingales' words are particularly powerful given that in 2011, he wrote a book in which he predicted that Trump, or someone very similar could end up as president. The chapter focusing on that possibly was never published after Zingales showed the book to a colleague.
"One of my colleagues who was kind of enough to read the first version told me that I was crazy, that I would lose credibility to the book if I were to keep that in," he said in a 2017 interview with Business Insider.
*SEE ALSO: Trump keeps bashing the Fed, calling the central bank 'loco' and 'crazy.' An ugly economic lesson from the Nixon administration shows why his criticism is so worrying.*
Join the conversation about this story »
NOW WATCH: This 13-year-old scientist invented a safer way to treat pancreatic cancer, and he hasn't even started high school yet Reported by Business Insider 8 hours ago.
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Italy: Rise of far right fueling anti-migrant attacks
Racist politics blamed for an increase in violence against migrants and refugees in the country.
Reported by Al Jazeera 7 hours ago.
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Salvini blames austerity for French unrest
Italy’s deputy prime minister Matteo Salvini says EU needs to adopt policies to stimulate growth.
Reported by euronews 7 hours ago.
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Manchester United's Matteo Darmian admits he misses Italy
The 29-year-old has been strongly linked with a January move back to Italy, with Juventus, Inter Milan, Napoli and Roma all said to be interested in signing the Italy international.
Reported by MailOnline 4 hours ago.
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Tottenham Hotspur transfer news: Spurs ready to battle Roma for Dutch international Tonny Vilhena
Tottenham Hotspur are ready to rival Roma for the signature of Dutch ace Tonny Vilhena, according to reports in Italy. The Italian club are looking to bolster their midfield options with Genk wonderkid Sander Berge also on the radar of their renowned director of football Monchi. But if Roma do cement their interest in Feyenoord […]
Reported by talkSPORT 7 hours ago.
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Man Utd defender admits to homesickness amid exit rumours
Manchester United full-back Matteo Darmian has admitted he misses Italy as rumours linking him with a return to his homeland continue
The post Man Utd defender admits to homesickness amid exit rumours appeared first on teamtalk.com. Reported by Team Talk 6 hours ago.
The post Man Utd defender admits to homesickness amid exit rumours appeared first on teamtalk.com. Reported by Team Talk 6 hours ago.
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Text-Enabled BCH Payments Now Available in 35 Countries With Cointext
Information Cointext has introduced that its bitcoin money pockets carrier has simply introduced within the Ukraine and Italy. Cointext is now hooked up to 35 nations international and the pockets works on any smartphone in addition to fundamental function telephones. Additionally learn: Easy Ledger Builders Submit Per month Puzzle With Bitcoin Money Treasure Cointext Connects to …
Reported by The News Articles 5 hours ago.
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Macron to blame for French protests, Italy's Salvini says
Italy's Deputy Prime Minister Matteo Salvini said on Sunday President Emmanuel Macron was to blame for the "yellow vest" protests that have rattled France and urged Brussels to take heed of what was happening.
Reported by Reuters India 4 hours ago.
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Matteo Darmian Admits He Misses Italy Amid Rumours of January Exit From Man Utd
Reported by SI.com 4 hours ago.
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Beavers return to Italy after more than 500 years
A beaver was captured on camera in northeast Italy, marking the first sighting of the animal in that country since 1471.
Reported by CBC.ca 3 hours ago.
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Focus on spray can in Italy club stampede
Italian police have found a pepper spray can as they investigate the circumstances of a stampede at an Italian nightclub that killed five teens and a woman.
Reported by SBS 3 hours ago.
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LIVE SCORES: All the goals as they go in
Follow games in the UK, Spain, Italy, Germany, France and beyond with Goal's extensive match coverage!
Reported by Goal.com 2 hours ago.
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Criticism mounts ahead of Italian far-right leader Salvini's visit to Israel
Some in Italy's Jewish community say it's alarming that Netanyahu will 'provide Matteo Salvini with a pro-Israel license' ■ Israeli left-wing activists call for a protest to disrupt his visit to Yad Vashem
Reported by Haaretz 1 hour ago.
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Apple Pay Will Reportedly Launch in Germany This Week, Possibly Tomorrow
Apple Pay will make its long-awaited debut in Germany this week, according to German blog Macerkopf.
The report, citing unnamed sources within German banking circles, says the launch will likely occur on Tuesday with mobile bank N26 and Comdirect expected to be among the initial participating issuers in the country.
Apple CEO Tim Cook confirmed that Apple Pay would launch in Germany by the end of this year back in July. Apple Pay is also listed as "coming soon" on Apple's website in Germany, so a launch is to be expected imminently.
Apple Pay first launched in the United States in October 2014 and has since expanded to many other countries, including the United Kingdom, Canada, Australia, China, Singapore, Switzerland, France, Japan, Spain, Italy, Sweden, Finland, Denmark, Russia, New Zealand, Brazil, Poland, Ireland, and Ukraine.
Apple Pay expanded to Belgium and Kazakhstan in late November.
Related Roundup: Apple Pay
Tag: Germany
Discuss this article in our forums Reported by MacRumours.com 6 hours ago.
The report, citing unnamed sources within German banking circles, says the launch will likely occur on Tuesday with mobile bank N26 and Comdirect expected to be among the initial participating issuers in the country.
Apple CEO Tim Cook confirmed that Apple Pay would launch in Germany by the end of this year back in July. Apple Pay is also listed as "coming soon" on Apple's website in Germany, so a launch is to be expected imminently.
Apple Pay first launched in the United States in October 2014 and has since expanded to many other countries, including the United Kingdom, Canada, Australia, China, Singapore, Switzerland, France, Japan, Spain, Italy, Sweden, Finland, Denmark, Russia, New Zealand, Brazil, Poland, Ireland, and Ukraine.
Apple Pay expanded to Belgium and Kazakhstan in late November.
Related Roundup: Apple Pay
Tag: Germany
Discuss this article in our forums Reported by MacRumours.com 6 hours ago.
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