News Headlines - 02 September 2017

DOJ confirms Obama did not wiretap Trump during 2016 campaign

The Justice Department confirmed in a court filing there is no evidence that Trump Tower was targeted for surveillance by the Obama administration — contradicting President Trump's controversial claim first made in March.

Honda reaches $605 mln U.S. settlement over Takata air bags

Honda Motor Co said it agreed to a $605 million so-called economic loss settlement on Friday covering up to 16.5 million U.S. vehicles with potentially faulty Takata air bag inflators.

YouTube has a new look and, for the first time, a new logo - The Verge

For the last 12 years, YouTube’s logo has been a pair of anachronisms wrapped inside each other. “We have the word tube in a tube,” says Christopher Bettig, the head of YouTube’s art department. “This is weird. No one know what this is.” Tube is slang for a television set, which used to be powered by vacuum tubes... And so today the brand is getting its biggest aesthetic makeover ever. The YouTube logo is being refreshed, shifting the emphasis away from the word “Tube” and onto the familiar play button which has already become an iconic shorthand for the company. The service is also getting a new typeface, color scheme, and a bunch of major changes to the look, feel, and functionality of its desktop and mobile app.

Bitcoin $5,000: Currency Hits New Record High | Fortune.com

There appears to be no single reason for the recent run-up. Instead, it can likely be explained by the same factors driving this year's cryptocurrency bull run: Publicity-driven speculation; New financial products creating unprecedented liquidity; Trading surges in Asian markets; Institutional investors treating digital currency as a permanent new asset class.

Spain tells North Korean embassy to reduce staff - The Local

Spain told the North Korean embassy on Thursday to reduce its staff in the country in protest against Pyongyang's repeated missile launches and nuclear weapons tests.