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UPDATE 1-Hudson’s Bay chairman’s bid unlikely to get full support -Investor Land & Buildings

Activist investor Land & Buildings Investment Management LLC said on Tuesday a C$1.74 billion go-private offer for Hudson’s Bay Co from chairman and other shareholders would likely not receive majority approval of remaining shareholders. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/wvUkNUUkl68/update-1-hudsons-bay-chairmans-bid-unlikely-to-get-full-support-investor-land-buildings-idUSL4N23P2R2

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Trump blasts comments by ECB’s Draghi, cites unfair competition

U.S. President Donald Trump criticized European Central Bank President Mario Draghi’s comments earlier on Tuesday that further monetary policy changes may be needed by the ECB, saying that would spark unfair European competition against the United States. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/nxGcq4JLx0U/trump-blasts-comments-by-ecbs-draghi-cites-unfair-competition-idUSKCN1TJ19X

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Draghi’s stimulus hints put ECB in Trump’s crosshairs

The European Central Bank will ease policy again if inflation fails to accelerate, ECB President Mario Draghi said on Tuesday, signaling one of the biggest policy reversals of his eight-year tenure and provoking the ire of U.S. President Donald Trump. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/SADE1y6YTf4/draghis-stimulus-hints-put-ecb-in-trumps-crosshairs-idUSKCN1TJ0OX

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For Fed’s Powell, a gap with markets and Trump may need explaining

Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors bullied central bankers to get their way. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/otlfhQPwAvs/for-feds-powell-a-gap-with-markets-and-trump-may-need-explaining-idUSKCN1TJ186

News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Salesforce Customer Data Platform begins to take shape

Salesforce announced it is making progress toward releasing a Customer Data Platform (CDP) this week at Salesforce Connections in Chicago. While the company is talking in greater detail about the platform, they are calling Customer 360, it won’t be available for pilot customers until this Fall. The idea behind the CDP isn’t all that different […]

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PRESS DIGEST- Canada- June 18

The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/QK_U1H8VyQo/press-digest-canada-june-18-idUSL4N23P2U4

News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Xiaomi’s latest products for Russia include its smart TVs and flagship Mi 9T

Xiaomi, best known for its smartphones, is making serious inroads into Russia as it launched a collection of products in the country where some 145 million people live. That includes its smart TVs featuring 700,000 hours of content, smart wristbands, wireless earbuds, and flagship phone Mi 9T, which is identical to its recently announced Redmi […]

News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Palm’s tiny phone is available unlocked at $350

The first time I showed the Palm phone to the TechCrunch staff, they were excited. At the very least, it was a unique take on the category, designed to be a second phone for those moments that didn’t require a larger, bulkier device. But reality set in pretty quickly. The device’s capabilities were severely limited […]

News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

Two Sigma leads $12m series A for expert knowledge network NewtonX

Knowledge is the fuel of business. Every decision requires a full understanding of the data underlying it, and that means reaching out not only to an organization’s own staff for insight, but also to experts in the wider world. Management consultants, research agencies, and data providers make hundreds of billions of dollars per year attempting […]