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20237 articles published since 08 Mar 2022

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EU presses Meta on plans after disinformation tracker axed
EU presses Meta on plans after disinformation tracker axed
Economy

The EU on Friday formally requested that Meta detail steps it is taking on transparency after the Facebook and Instagram owner scrapped a widely-used tool for tracking disinformation online. Brussels launched a formal investigation into Meta's Facebook and Instagram in late April, five weeks before bloc-wide elections in June, over concerns the platforms were failing to counter disinformation.

US to award chipmaker Texas Instruments up to $1.6 bn
US to award chipmaker Texas Instruments up to $1.6 bn
Economy

The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to help fund new facilities in the country. The money would give a boost to TI's planned investment of more than $18 billion through the end of the decade to build three new facilities, the Commerce Department said in a statement.

Kim Dotcom vows to fight order for US extradition
Kim Dotcom vows to fight order for US extradition
Technology

New Zealand-based tech entrepreneur Kim Dotcom lashed out at the US government Friday, as his decade-long effort to avoid extradition on fraud and money laundering charges appeared to have failed. He faces charges including fraud, money laundering and racketeering, punishable with up to 20 years in jail.

Asian markets surge on strong US consumer data
Asian markets surge on strong US consumer data
Economy

Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the health of the world's biggest economy.

US lawmakers press Meta over illicit drug ads
US lawmakers press Meta over illicit drug ads
Technology

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
Meta fends off AI-aided deception as US election nears
Technology

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
Prince Harry, Meghan in Colombia on anti-discrimination tour
Technology

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
Big Pharma push back on first Medicare drug price cuts
Economy

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."

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