The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of banking profit, looks to slow to a halt in the back half of this year, Bank of America CFO Paul Donofrio says.Banksread more
These are the stocks posting the largest moves midday.Market Insiderread more
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.Technologyread more
Netflix, which reports earnings Wednesday afternoon, is losing licensed shows to rivals launching their own streaming services.Technologyread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to Cohen's campaign-finance probe should be unsealed — and denied a request...Politicsread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
WhatsApp users just got a taste of the old dictum, "If you're not paying for the product, you are the product." And not everyone liked it.
The messaging giant announced on Thursday that it would share its huge database of users' mobile numbers with Facebook. The social media company announced in 2014 that it was buying WhatsApp for $19 billion, a deal that later grew to $22 billion as the value of Facebook's stock rose.
According to WhatsApp, the move was to help its parent company show Facebook users more relevant advertisements and friend recommendations.
But some WhatsApp users - the service has more than a billion of them - accused the app of breaking its long-time privacy promises.
Back in June 2012, WhatsApp wrote a blog post explaining that it didn't sell adds because "no one wakes up excited to see more advertising, no one goes to sleep thinking about the ads they'll see tomorrow."
After they were bought by Facebook, WhatsApp sought to reassure users that "absolutely no ads [would be] interrupting your communication" - a theme it continued on Thursday when it said that the company's "belief in the value of private communications is unshakeable."
That's not how some users saw it, however.
Nick Savvides, a "security evangelist" at Symantec, said the level of upset reflected the fact that privacy was now a big issue for all social media users.
"One of the major reasons why data privacy is becoming such a concern is because there is now a clear understanding among consumers that their data holds value,"he added.
In February WhatsApp dropped its $1 token charge and acknowledged that it was looking at the possibility of making money from finding ways for users to "communicate with businesses and organisations that you want to hear from."
It's a point that some users acknowledged on Friday.
Several tweets highlighted that it was, in fact, possible for WhatsApp users to opt out of sharing their mobile numbers with Facebook.
-- Follow CNBC International on and Facebook.