Alibaba’s Huge Browser Business Is Harvesting The ‘Private’ Web Activity Of Millions Of Android And iPhone Users

If you went to download Alibaba-owned app UC Browser this month, whether from Google’s Android Play store or Apple’s iOS App Store, you would have been promised that with its “incognito” mode, no web browsing or search history would be recorded. Such guarantees, alongside promises of fast download times, have made the app, created by Alibaba subsidiary UCWeb, incredibly popular across the world, with 500 million downloads on Android alone. Whilst Americans may not have heard of the app, according to one analysis, it’s the fourth biggest browser by user numbers in the world, largely because

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Signs of recovery? U.S. business activity and home sales surge

By Dan Burns

(Reuters) – In signs an economic recovery may be picking up speed, U.S. home sales rose at a record rate for a second straight month in July, and purchasing managers in both the manufacturing and services sectors report business activity has accelerated at a brisker-than-expected pace this month.

With mortgage rates holding near record lows and a work-from-home trend apparently enticing many Americans to move further from city centers, the National Association of Realtors said on Friday sales of existing homes rose 24.7% to a seasonally adjusted annual rate of 5.86 million units last month from 4.7 million in June.

Home prices also shot to a record $304,100, and a shortage of inventory is making competition for houses fierce. The average time on the market fell to 22 days in July, a record low, from 24 in June, and nearly 70% sold in less than a month.

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WRAPUP 1-Signs of recovery? U.S. business activity and home sales surge

By Dan Burns

Aug 21 (Reuters) – In signs an economic recovery may be picking up speed, U.S. home sales rose at a record rate for a second straight month in July, and purchasing managers in both the manufacturing and services sectors report business activity has accelerated at a brisker-than-expected pace this month.

With mortgage rates holding near record lows and a work-from-home trend apparently enticing many Americans to move further from city centers, the National Association of Realtors said on Friday sales of existing homes rose 24.7% to a seasonally adjusted annual rate of 5.86 million units last month from 4.7 million in June.

Home prices also shot to a record $304,100, and a shortage of inventory is making competition for houses fierce. The average time on the market fell to 22 days in July, a record low, from 24 in June, and nearly 70% sold in less than

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