‘I didn’t really get too suspicious until almost the end’: Why employment scams are on the rise
fastcompany.com/90795980/i-didnt-really-get-too-suspicious-until-almost-the-end-why-employment-scams-are-on-the-rise
Story Details
| Last Updated | Oct 18 22 |
| Total Articles | 1 |
More articles on this subject
Previous
The 10 best images of Jupiter and its moons from NASA's Juno probe: Since 2016, the NASA mission has captured some awe-inspiring views of alien worlds and ...
qz.com/jupiter-moons-io-europa-images-nasa-juno-1851437732
Why do planes have those curved winglets?: Winglets are a multipurpose innovation that supposedly save billions of gallons of fuel and reduce turbulence
qz.com/planes-curved-winglets-origin-reason-1851436800
Energy security: Habeck employees are said to have ignored concerns about the nuclear phase-out
spiegel.de/wirtschaft/soziales/robert-habeck-mitarbeiter-sollen-kritik-am-atom-aus-ignoriert-haben-a-f2fc858d-41f5-46e7-ac7c-12e9435a827f
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...
qz.com/ai-political-party-face-recognition-1851433898
The rules on working from home in France: Working from home is increasingly common in France and Paris residents are being urged to consider it during the ...
thelocal.fr/20240426/the-rules-on-working-from-home-in-france
When You’re Laid Off But Still Asked to Work: In this week’s ‘My Two Cents,’ the Cut’s financial advice columnist Charlotte Cowles speaks with three women who ...
thecut.com/article/laid-off-but-still-working.html
The Public Pulse: Beer sales at Haymarket Park; Death and double taxes?; Seeking asylum
omaha.com/opinion/letters/the-public-pulse-beer-sales-at-haymarket-park-death-and-double-taxes-seeking-asylum/article_cc0ba54a-00f6-11ef-b755-134f47b5a7a4.html
Israel's economy is robust: After the terrorist attacks, Israel's economy and civil society are proving to be very robust. What's more ...
nzz.ch/meinung/israels-widerstandskraft-ist-ungebrochen-ld.1826806
Unemployment biggest worry in India, world's fastest growing economy: Reuters poll
reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/
How recommendation algorithms shape everything we interact with online: Quartz reporter Bruce Gil explains the formulas that influence what we stream, shop ...
qz.com/recommendation-algorithms-filter-online-1851426855
Property tax company Ownwell get accused by competitors of deception: Anyone can file for exemptions for free and reap savings. Ownwell grabs 25% from that.
dallasnews.com/news/watchdog/2024/04/24/property-tax-company-ownwell-refuses-to-defend-itself-from-charges-by-competitors/
Xerox Stock Dives on Wide Earnings Miss: Xerox Holdings stock plummeted after the workplace technology company’s quarterly earnings came in far below Wall ...
barrons.com/articles/xerox-stock-price-earnings-6752e2bc
Paid articlePaid
This explorer and conservationist is training citizen scientists to save the planet
weforum.org/agenda/2024/02/citizen-science-data-collection-training/
Better Business Bureau warns parents against SAT/ACT scam calls: Georgians need to be aware of a new scam. A caller says a high schooler ordered ACT/SAT prep ...
ajc.com/education/get-schooled-blog/better-business-bureau-warns-parents-against-satact-scam-calls/MBZWLNBIVRBW5GVEHLLKPU6EHI/
LIVE: Pro-Palestinian activists demonstrate outside France's Sciences Po university
twitter.com/i/broadcasts/1dRKZEgYoMVxB
Keke Palmer And SZA To Star In Issa Rae-Produced Buddy Comedy From TriStar Pictures
deadline.com/2024/04/keke-palmer-sza-issa-rae-tristar-pictures-1235896290/
Quick Glance: Keke Palmer and SZA in New Comedy Produced by Issa Rae
- Issa Rae is producing a new comedy starring Keke Palmer and Grammy winner SZA.
- The project will be led by TriStar Pictures and directed by Lawrence Lamont.
- Keke Palmer will serve as an executive producer, while SZA will make her acting debut.
- Rae criticized the cancellation of diverse series and expressed concerns about the Hollywood industry.
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Quick Glance: Dispute Over Video of Knife Attack on X
- The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.
- Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.
- Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.
- Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.
Microsoft releases MS-DOS 4 source code on GitHub — 45 year old code now open-source
tomshardware.com/software/operating-systems/microsoft-releases-ms-dos-4-source-code-on-github-45-year-old-code-now-open-source
Quick Glance: Microsoft Releases MS-DOS 4 Source Code on GitHub - 45-Year-Old Code Now Open-Source
- The release of the nearly 45-year-old MS-DOS 4.00 source code under the MIT license grants tinkers full freedom, including binaries and disk images.
- The decision to disclose the MS-DOS 4.00 source code was significantly influenced by the communication between former Microsoft Chief Technical Officer Ray Ozzie and a young computer researcher named Connor 'Starfrost' Hyde.
- In addition to other materials, the MS-DOS 4.00 Intel 8086 assembly code and documentation are now available on GitHub, providing enthusiasts the opportunity to run the operating system on old hardware.
- As a reader of Tom's Hardware, gain exclusive insights into enthusiast PC tech news and benefit from over 25 years of experience in CPUs, GPUs, artificial intelligence, and more.
LIVE: Pro-Palestinian protests at George Washington University: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1RDxllWzDYMxL
Columbia University president faces vote of confidence as protests spread: Columbia's embattled president came under renewed pressure on Friday as a university ...
reuters.com/world/us/columbia-university-president-faces-vote-confidence-protests-spread-2024-04-26/
Quick Glance: USC Main Commencement Canceled Amid Gaza War Protests
- Protests against the Israel-Hamas war prompt the cancellation of USC's main graduation ceremony and numerous arrests at campuses nationwide.
- Universities are grappling with protests that could disrupt upcoming commencement ceremonies and are considering changes to regulations regarding encampments and exams.
- Some students demand schools sever ties with Israel, leading to accusations of antisemitism and concerns about safety on campus.
- The wave of protests, inspired by events at Columbia University, has led to civil rights investigations into universities facing protests and complaints of discrimination amidst the Israel-Hamas conflict.
Laurence Fox told to pay £180,000 in libel damages: Mrs Justice Collins Rice says the actor's comments were "gross, groundless and indefensible".
bbc.com/news/entertainment-arts-68899248
Quick Glance: Laurence Fox ordered to pay damages for libel
- Actor-turned-politician Laurence Fox has been instructed to pay £90,000 in damages to two individuals he labeled as 'paedophiles' on social media.
- Following a libel dispute in the High Court, he is now required to pay a total of £180,000.
- During an exchange over Sainsbury's decision to recognize Black History Month in October 2020, Fox referred to Mr. Blake and Crystal as 'paedophiles.'
- In a prior ruling in January, Fox's counterclaims were rejected, and judgment was made in favor of Mr. Blake and Mr. Seymour.
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Elon Musk is once again richer than Mark Zuckerberg: Facebook parent Meta's hundred-billion-dollar market cap loss has cost Zuckerberg, while Musk's Tesla stock ...
qz.com/elon-musk-richer-than-mark-zuckerbrg-tesla-meta-earning-1851438236
Paid articlePaid TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
Quick Glance: Chinese TikTok App Sale Required for National Security Measures
- A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.
- According to experts, China has intensified its online information operations in recent years to advance its broader objectives.
- China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.
- While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.
US election 2024: Who are the mega-rich donors backing Trump?: A handful of mega-rich donors have emerged as key backers of Republican presidential candidate ...
reuters.com/world/us/who-are-mega-rich-donors-backing-trump-2024-04-26/
Quick Glance: US Election 2024: Mega-Rich Donors Backing Trump
- Several ultra-wealthy donors have emerged as key figures supporting Republican presidential candidate Donald Trump, collectively donating over $50 million for his candidacy against Democratic incumbent Joe Biden.
- Timothy Mellon, Isaac and Laura Perlmutter, Linda McMahon, Robert Bigelow, and Patricia Duggan are some of the top donors backing Trump, based on an analysis of campaign finance disclosures to the Federal Election Commission.
- Mellon, an heir of the Mellon banking family, also supports independent presidential candidate Robert F. Kennedy Jr. Perlmutter, former chairman of Marvel Entertainment, has contributed to Trump's campaigns. McMahon, former wrestling entrepreneur, also donates to Trump. Bigelow, a hotel tycoon, has donated significant funds to Trump. Duggan, a donor to the Church of Scientology, is also financially supporting Trump.
- The donations from these individuals amount to millions of dollars, highlighting how mega-rich donors play a crucial role in financing Trump's candidacy and how their support impacts his campaign.
Key issues discussed by Blinken in talks with Chinese leaders: U.S. Secretary of State Antony Blinken met his Chinese counterpart Wang Yi and Chinese leader Xi ...
reuters.com/world/key-issues-discussed-by-blinken-talks-with-chinese-leaders-2024-04-26/
Quick Glance: China Emphasizes Stronger Collaboration with US Amid Challenges
- China stresses the importance of enhanced cooperation with the United States despite facing significant obstacles.
- Xi emphasized to the US Secretary of State on Friday that the two superpowers 'should be partners rather than rivals' and should support each other's success, as reported by the state news agency Xinhua.
- During the five and a half hours of discussions, Blinken raised the issue of 'Chinese support to the Russian defence industrial base', and contentious topics such as Taiwan and the South China Sea were also addressed.
- Recent years have seen tumultuous China-US relations, exacerbated by factors including a trade war, a visit by then-House of Representatives Speaker Nancy Pelosi to Taiwan in 2022, and a dispute over the US downing of a suspected Chinese surveillance balloon last year.
Warren Buffett’s real estate brokerage to pay $250mn over commission lawsuits: Settlement resolves second of Berkshire Hathaway’s three big legal entanglements ...
ft.com/content/86da53d4-0a7b-4e24-9946-124bc7014d96
Quick Glance: Billion Dollar Settlement in Real Estate Commission Lawsuits
- HomeServices of America, owned by Warren E. Buffett’s Berkshire Hathaway Energy, will resolve the claims of home sellers who had to pay inflated commissions, subject to court approval.
- With the agreement from HomeServices of America, the damages now exceed the billion-dollar mark.
- Analysts predict that the settlement will introduce competition to the real estate commission market, leading to a reduction in fees paid by consumers when selling a home.
- The total amount of damages in commission lawsuits in the USA now surpasses the billion-dollar mark following today's settlement deal.
Students at prestigious Paris university occupy campus building in pro-Palestinian protest
apnews.com/article/france-paris-university-campus-protests-israel-palestinians-gaza-b2743b076ff31a8dbe74478a046c1379
Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Bridge Road Bistro & Catering, long-serving South Hills restaurant, to close May 4
wvgazettemail.com/life/food_and_dining/bridge-road-bistro-long-serving-south-hills-restaurant-to-close-may-4/article_171b0088-405d-509e-8a88-18fb948095c4.html
Bankrupt Katie Price in desperate bid for Harvey to stay at £350k-a-year college: Katie Price – who was declared bankrupt for a second time this year – has ...
mirror.co.uk/3am/celebrity-news/bankrupt-katie-price-desperate-battle-32679530
McDonald's Korea to raise prices of 16 items next month : McDonald's Korea said Thursday it will raise the prices of 16 menu items by an average of 2 ...
koreatimes.co.kr/www/tech/2024/04/129_373519.html
General Motors to shut manufacturing operations in Colombia, Ecuador -statement: U.S. car maker General Motors will close its manufacturing operations in ...
reuters.com/business/autos-transportation/general-motors-shut-manufacturing-operations-colombia-ecuador-statement-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Rejoice! Voyager 1 is back from the dead: The craft embodies a golden age of space exploration
ft.com/content/d1bc2533-1c5c-414d-b08c-6f0239b9436f
Two senators want US to order Tesla to restrict Autopilot use: Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver ...
reuters.com/business/autos-transportation/two-senators-want-us-order-tesla-restrict-autopilot-use-2024-04-26/
Rheinmetall: Cologne tests loading curbs in practice - Golem.de: Rheinmetall and the city of Cologne have given the starting signal for a charging infrastructure ...
golem.de/news/rheinmetall-koeln-testet-ladebordsteine-in-der-praxis-2404-184571.html
Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
Fed seen on track for Sept start to US rate cuts: U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of ...
reuters.com/markets/us/traders-add-bets-september-start-fed-rate-cuts-2024-04-26/
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
techcrunch.com/2024/04/26/tesla-nhtsa-autopilot-investigation-closed-fatal-crashes/
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
The Anglosphere has an advantage on immigration: English-speaking countries generally do better at both attracting and integrating talent
ft.com/content/c6bb7307-484c-4076-a0f3-fc2aeb0b6112
Europe faces ‘mortal’ threat, says Emmanuel Macron: French president calls for huge investment push and EU reforms in Sorbonne speech
ft.com/content/01a0657c-ed25-4d7b-add6-568dcc6907f9
Quick Glance: Macron Calls for Stronger European Defense
- Macron urged Europe to adopt a credible defense strategy less dependent on the US.
- He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.
- Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.
- He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
Formula 1 | Decision made? Sauber apparently throws Bottas and Zhou out: The Formula 1 driver market is slowly gaining momentum. The rumor mill is getting hotter ...
sport.de/news/ne6598805/formel-1--entscheidung-gefallen-sauber-schmeisst-offenbar-bottas-und-zhou-raus/
EU law on the “right to repair”: The end of a screwless world: For decades, Apple and other tech companies produced sleek, sealed devices with no screws in sight ...
spiegel.de/kultur/eu-gesetz-recht-auf-reparatur-vom-ende-einer-schraubenlosen-welt-a-45386ef9-89c5-4fde-b387-905ba1811698
Exclusive: General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
reuters.com/markets/deals/general-mills-explores-sale-2-billion-plus-yogurt-business-north-america-sources-2024-04-26/
Colgate-Palmolive raises sales growth target after strong Q1 results: Toothpaste maker Colgate-Palmolive raised forecast for annual organic sales growth on ...
reuters.com/business/retail-consumer/colgate-palmolive-raises-sales-growth-target-after-strong-q1-results-2024-04-26/
Japan town to put up 2.5m barrier to block view of Mount Fuji: TOKYO: A huge black barrier to block Mount Fuji from view will be installed in a popular photo ...
channelnewsasia.com/asia/japan-town-block-mount-fuji-view-troublesome-tourist-tourism-4294376
Quick Glance: Japanese Town Blocks View of Mt. Fuji Due to Overtourism
- Fujikawaguchiko, a Japanese resort town, is overwhelmed by tourists seeking views of Mount Fuji.
- Reports of tourists disregarding rules, leaving litter, and climbing roofs for better photos have led to the decision to install a barrier.
- A 8-foot high, 22-yard long mesh net will obstruct the mountain view to address the situation caused by disrespectful visitors.
- Japan is addressing overtourism issues by implementing measures to control unruly tourists and manage record-breaking visitor numbers.
BOJ keeps rates steady, projects inflation staying near 2% in coming years: The Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates ...
reut.rs/4aQC1vv
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reut.rs/3UczrZH
Swiss parliamentary committee backs $5.5 bln aid plan for Ukraine: A Swiss parliamentary committee late on Thursday voted to back a 5 billion Swiss franc ($5 ...
reut.rs/49Sy203
56 percent at the beginning of the year: Renewables are producing more and more electricity in Germany
n-tv.de/wirtschaft/Erneuerbare-produzieren-immer-mehr-Strom-in-Deutschland-article24902492.html
Climate groups picket Swiss National Bank's shareholder meeting over its investments
reut.rs/44o6TBa
Quick Glance: Climate activists protest Swiss National Bank
- Climate campaigners picketed the Swiss National Bank's shareholders meeting to protest against investments damaging the environment.
- The protest followed a ruling by Europe's top human rights court that Bern was not adequately protecting citizens from rising temperatures.
- Around 50 activists demanded SNB to divest from fossil fuel and fracking companies or influence their behavior.
- SNB's investments were linked to significant carbon emissions, but it declined to comment on protests or its investment strategy.
Ireland says UK's Rwanda policy drives migrants over its border: The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying ...
reuters.com/world/ireland-says-uks-rwanda-policy-drives-migrants-over-its-border-2024-04-26/
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reuters.com/business/autos-transportation/teslas-plan-affordable-cars-takes-page-detroit-rivals-2024-04-26/
The ex-flight attendant who became the first female boss of Japan Airlines: Mitsuko Tottori was named as the first female boss of Japan Airlines earlier this ...
bbc.com/news/business-68823400
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
ft.com/content/7a7ba474-7068-46fc-89da-19d87e83f9d3
Quick Glance: South Korea Warns of Collapse of US Subsidies Due to Chinese EV Supply Chain Dominance
- China’s grip on the EV supply chain threatens US subsidies, warns South Korea.
- South Korea warns that China’s control over a crucial battery material will make it nearly impossible for any electric vehicle makers to qualify for President Joe Biden's subsidy scheme.
- The United States announced last week that they will provide up to $6.4 billion in federal subsidies to the South Korean technology giant Samsung Electronics, investing $40 billion in its Texas facilities for cutting-edge logic chips, advanced packaging, and next-generation chip technology research and development.
Russian central bank warns of slower drop in inflation as it holds rates at 16%: Inflation is set to ease more slowly than previously thought, Russia's central ...
reuters.com/markets/europe/russian-central-bank-holds-rates-16-raises-inflation-forecast-2024-04-26/
No progress: Neither train nor car are suitable means of transport in Bonn
ga.de/bonn/stadt-bonn/bonn-weder-bahn-noch-auto-geeignete-verkehrsmittel_aid-111412625
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
The chef José Andrés on Thursday eulogized seven World Central Kitchen workers who were killed in Gaza on April 1 when their well-marked convoy was hit by ...
nyti.ms/4aNl2dB
Robert Habeck under pressure: Germany's nuclear phase-out was about ideology: Internal correspondence shows: At the height of the energy crisis ...
nzz.ch/der-andere-blick/robert-habeck-unter-druck-beim-deutschen-atomausstieg-ging-es-um-ideologie-ld.1827929
Quick Glance: German Exit from Nuclear Energy: Ideology Over Pragmatism
- During an energy crisis, green ministries in Germany pushed through the nuclear energy phaseout, disregarding warnings and prioritizing ideological goals over energy security.
- Internal communications reveal that high-ranking green officials ignored and twisted facts to advance the nuclear phaseout, even if it raised safety concerns.
- The origins of the energy transition were not primarily focused on climate change but aimed to eliminate nuclear energy and transition to renewables and coal.
- The decommissioned nuclear power plants now serve as monuments to a green misstep that led Germany into an energy policy tragedy, potentially hindering the construction of new nuclear power plants.
US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...
ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996
Anglo American rejects BHP's $39 billion takeover proposal: Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on ...
reuters.com/markets/commodities/bhp-shares-fall-36-after-making-39-bln-bid-rival-anglo-american-2024-04-26/
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
TikTok ban: ByteDance would rather shut app down than sell, insiders say: TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell ...
scmp.com/news/world/united-states-canada/article/3260400/tiktok-ban-bytedance-would-rather-shut-app-down-sell-insiders-say
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Meta's open source AI is a blow to Google and OpenAI: Mark Zuckerberg is ruining the market for his competitors with his open source strategy. Investors doubt ...
nzz.ch/technologie/facebook-konzern-meta-verschenkt-seine-kuenstliche-intelligenz-eine-kampfansage-an-google-und-openai-ld.1827392
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Is China a democracy? A historian explains. | NZZ: China calls itself a “democratic dictatorship of the people.” What does that mean? Is China a democracy - or a ...
nzz.ch/international/ist-china-eine-demokratie-ein-historiker-erklaert-nzz-ld.1825416
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaidQuick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Sweden should hike military budget to 2.6% of GDP, defence committee says: Sweden should raise its military spending to around 2.6% of GDP by 2030 ...
reuters.com/world/europe/sweden-should-hike-military-budget-26-gdp-defence-committee-says-2024-04-26/
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks
ft.com/content/26756186-99e5-448f-a451-f5e307b13723
Chinese cognac sales drive Remy Cointreau to Q4 sales beat: Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday ...
reuters.com/business/retail-consumer/remy-cointreau-reports-better-than-expected-q4-sales-2024-04-26/
Cannes Adds New Film By Jean-Luc Godard Alongside Restorations of Spielberg, Wiseman, Tsui Hark, Bresson, and Sembène
thefilmstage.com/cannes-adds-new-film-by-jean-luc-godard-alongside-restorations-of-spielberg-wiseman-tsui-hark-bresson-and-sembene/
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reut.rs/3w6qYzd
FDP in crisis: The wrong track of traffic light criticism - Lindner's double problem
t-online.de/nachrichten/kolumne-christoph-schwennicke/id_100390680/fdp-in-der-krise-irrweg-ampel-kritik-lindners-doppelte-problem.html
Quick Glance: FDP in Crisis: Misguided Criticism – Lindner's Double Trouble
- The FDP criticizes its own government and is in crisis. The role of opposition is damaging the party's reputation.
- The FDP struggles to assert itself against other parties. Liberalism in Germany is often misinterpreted.
- The FDP faces internal challenges and needs to strengthen its position within the government. The party struggles to assert itself against coalition partners.
- Under Christian Lindner, the FDP faces difficulties in maintaining a clear stance. Internal conflicts and clumsy communication lead to tensions within the party.
US FDA sends warning letter to Cardinal Health for marketing unapproved devices
reut.rs/4bawEqO
Quick Glance: US FDA issues warning to Cardinal Health for marketing unauthorized devices
- Following an inspection of its facility in Illinois, the US health regulatory body issued a warning letter to Cardinal Health for marketing and distributing unauthorized devices from a Chinese manufacturer.
- In 2023, the U.S. Food and Drug Administration advised against using certain syringes manufactured in China due to reports of leaks, breakages, and quality issues, and recently expanded the guidelines.
- Cardinal has not responded to a request for comment from Reuters. The inspection revealed that Cardinal was importing two types of syringes under the Monoject brand.
- These syringes are utilized for injecting or withdrawing fluids from the body, as well as administering fluids or medications through a patient's feeding tube. In November, the agency cautioned healthcare providers and facilities against using Cardinal's Monoject syringes with pain management and syringe pumps.
Meta loses nearly $200 billion in value after Mark Zuckerberg AI announcement: CEO admitted it could take ‘several years’ for AI investment to come good
independent.co.uk/tech/meta-mark-zuckerberg-shares-ai-b2534723.html
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics