AFP
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Author's articles
US lawmakers press Meta over illicit drug ads
Members of Congress on Thursday called on Meta chief Mark Zuckerberg to give them details regarding ads for opiods and other illicit drugs on the tech titan's platform. The letter from Congress members to Zuckerberg asked for answers from Zuckerberg by Sept. 6.
Meta fends off AI-aided deception as US election nears
Russia is putting generative artificial intelligence to work in online deception campaigns, but its efforts have been unsuccessful, according to a Meta security report released Thursday. As the US election approaches, Meta expects Russia-backed online deception campaigns to attack political candidates who support Ukraine.
Prince Harry, Meghan in Colombia on anti-discrimination tour
Britain's Prince Harry and his wife Meghan arrived in Colombia Thursday to participate in a series of events against discrimination and cyber-harassment at the invitation of Vice President Francia Marquez. In all three cities, the royals will have "meetings with young women (and) social leaders" added Marquez, the first Black woman to serve as vice president of the South American country.
Big Pharma push back on first Medicare drug price cuts
Major pharmaceutical companies lashed out following a landmark deal unveiled Thursday to cut the costs of 10 key medicines, with some saying the price-setting process was not transparent. Novartis, whose heart failure treatment Entresto is among the 10 selected medicines, pushed back against the price-setting process as "not objective or transparent."
Ukraine rejects as 'nonsense' alleged role in Nord Stream blasts
Ukraine on Thursday rejected as "absolute nonsense" suggestions it was involved in the 2022 sabotage of the Nord Stream pipelines, which transported Russian gas to Europe via the Baltic Sea. "Ukraine's involvement in the Nord Stream explosions is absolute nonsense.
Shares soar in mpox vaccine maker Bavarian Nordic
Shares in Danish drugmaker Bavarian Nordic, which manufactures a vaccine targeting mpox, soared Thursday after the World Health Organization (WHO) declared an mpox surge in Africa a global public health emergency. Bavarian Nordic, whose vaccine has been licensed for preventing mpox since 2019, saw its shares rise more than eight percent on the Copenhagen Stock Exchange by midday on Thursday.
Walmart lifts earnings outlook after revenues rise
The US retail giant Walmart reported a rise in revenues on Thursday on increased e-commerce and advertising sales, and raised its outlook for the year. The results beat analyst estimates, causing it to raise its outlook for the year.
Chinese tech giant Alibaba's quarterly profit shrinks 29 percent
Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown. Alibaba runs some of China's most popular e-commerce apps and its performance is widely considered an indicator of broader economic trends.
UK growth slows slightly in second quarter
Britain's economy grew 0.6 percent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday. Separate data this week showed Britain's unemployment rate dropping to 4.2 percent and wage growth down to the lowest level in nearly two years.
AFP
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