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Wed, Jul 15, 2026 02:21 AM All times are UTC

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Australia, fighting Facebook, is the latest country to struggle against foreign influence on journalism

Feb 20, 2021 11:54 am UTC| Insights & Views Law

Facebook has barred Australians from finding or sharing news on its platform, in response to an Australian government proposal to require social media networks to pay journalism organizations for their content. The move is...

US legislators to arm news outlets with bargaining power in dealing with Facebook, Google

Feb 19, 2021 23:43 pm UTC| Technology Law

The US Congress plans to introduce a series of antitrust bills that would allow smaller news organizations to negotiate collectively with Facebook and Alphabets Google, said Rep. Ken Buck of the House Judiciary Committees...

Italy fines Facebook anew over data utilization

Feb 17, 2021 23:44 pm UTC| Business Law

The Italian Competition Authority (AGCM) has again fined Facebook, this time for $8.4 million, for failing to comply with an order to how it informs users about the commercial uses of their data. The AGCM had fined...

Nestlé, Hershey, Mars, and Mondelēz lead chocolate producers facing child labor lawsuit in US

Feb 15, 2021 23:47 pm UTC| Business Law

Nestlé, Hershey, Mars, and Mondelēz International were among major chocolate manufacturers accused of profiting from child slavery in a lawsuit filed in Washington DC by the human rights organization International...

Why disputes between Congress and the White House so often end up in court

Feb 08, 2021 12:45 pm UTC| Politics Law

When the executive and legislative branches of the U.S. government dont agree, especially on thorny, politically charged issues such as reproductive rights and immigration policy, they often seek ways to advance their...

Samsung seeks $805.5 million tax breaks from Texas for new chip plant

Feb 05, 2021 23:58 pm UTC| Business Law Technology

Samsung Electronics Co. has asked Texas state officials to grant tax abatements over 20 years, worth $805.5 million, for its new $17 billion chip facility in the city of Austin. The South Korean electronics giant...

Texas court to hear Google's request for venue change in antitrust case

Feb 05, 2021 00:21 am UTC| Business Law Technology

A hearing on Googles motion to move the trial from Texas to California of the antitrust lawsuit filed by 10 states would likely be held. Judge Sean Jordan said he is open to allowing a hearing on the issue if either...

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Economy

Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow

Oil prices extended gains for a third consecutive session during Asian trading on Wednesday as geopolitical tensions intensified after U.S. President Donald Trump threatened additional military action against Iran and the...

Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes

Asian stock markets climbed on Wednesday after weaker-than-expected U.S. inflation eased concerns about additional Federal Reserve interest rate hikes, lifting investor sentiment across the region. Lower inflation,...

Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations

The U.S. dollar weakened on Wednesday after retreating from a two-week high as weaker-than-expected U.S. inflation data reduced expectations that the Federal Reserve will raise interest rates in the near term. While easing...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

Politics

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

Iranian Missile Strike on UAE Oil Tankers Kills Indian Crew Member in Strait of Hormuz

An Indian crew member was killed and eight others were injured after two United Arab Emirates oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz on Tuesday, marking another major escalation in the...

Trump Recommends Darline Graham for Interim South Carolina Senate Seat

U.S. President Donald Trump announced Monday that he has recommended Darline Graham, the sister of the late Senator Lindsey Graham, to serve as South Carolinas interim U.S. senator, urging Governor Henry McMaster to...

Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election

Brazils political landscape took another dramatic turn after Supreme Court Justice Alexandre de Moraes barred Senator Flavio Bolsonaro from visiting his father, former President Jair Bolsonaro, for 90 days, citing a...

Trump to Deliver National Address on Declassified 2020 Election Intelligence

President Donald Trump is set to deliver a televised national address on Thursday night focused on newly declassified intelligence concerning investigations into the 2020 U.S. election and what the White House describes as...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...

SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan

SoftBank Corp (TYO:9434) announced on Tuesday a strategic partnership with AI startup Sierra to expand artificial intelligence-powered customer support services across its operations in Japan, marking another step in the...

Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process

Nvidia has reportedly tightened its controls over AI chip sales in Asia by significantly reducing the number of customers authorized to purchase its advanced processors, according to a Financial Times report published...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...