Is BZ Basel a reliable source?
This is how independent third parties assess the credibility and media bias of this source.
OVERALL RATING:2 +, 1 -
BZ Basel scores a total of 2 Plus Points and 1 Minus Point in our evaluation of journalistic quality.
This corresponds to a score of 54* resp. the grade C (satisfactory).
*: (2 + 5 BP) * 100 / (2 + 5 BP + 1 + 5 BP)
This corresponds to a score of 54* resp. the grade C (satisfactory).
Grade | Score | |
---|---|---|
very good | A+ | > 89 |
A | 89 - 84 | |
A- | 83 - 79 | |
good | B+ | 78 - 74 |
B | 73 - 67 | |
B- | 66 - 62 | |
satisfactory | C+ | 61 - 56 |
C | 55 - 49 | |
C- | 48 - 44 | |
sufficient | D+ | 43 - 39 |
D | 38 - 32 | |
poor | D- | 31 - 26 |
insufficient | F | < 26 |
Grade composition
The overall rating is made up of the following individual ratings from independent third parties:
Wikipedia2 +
Wikipedia's reliability was often criticized in the 2000s but has improved over time; in the late 2010s and early 2020s, it was universally praised. Any positive mention of a source in the extract of a Wikipedia page in terms of credibility and quality gets a plus point, and vice versa.
- "is a Swiss Standard German language daily newspaper,"
English-speaking
Press Council Rulings1 -
Press councils are national institutions of media self-regulation. Press councils have their own defined press code. Reprimands are issued in the event of a violation of the press code (e.g. for truthfulness, diligence, sensationalism, separation of advertising and editorial, personal rights). For each reprimand issued by a national press council, a source receives one minus point.
Media Bias/Fact Check
Media Bias/Fact Check (MBFC) is an American fact-checking website founded in 2015. It uses a 0-10 scale to rate sites on two areas: bias and factual accuracy. A source rated by MBFC with minimal bias gets 10 plus points. Maximum bias gets 10 minus points. The same principle applies to factual accuracy.
- MBFC-rating was not found.
Fact Checkers
We primarily use fact-checkers affiliated with the International Fact-Checking Network (IFCN). We have linked to the International Fact-Checking Network fact-checkers' code of principles in the headline. For each failed fact-checker there is one minus point.
- There are no failed fact checks to date.
Journalism Awards
Journalism prizes are awards for excellent journalistic work in the period covered by the call for entries, which is usually one or two years. Sources receive one plus point for each journalistic award won that we track. We currently track up to three prestigious awards per country.
- There are no journalism awards won to date.
Studies
Most scientific publications, though not all, rely on some form of peer review or editorial review to qualify texts for publication. Sources mentioned in studies which rate media quality and/or reliability receive between 10 plus and 10 minus points.
- There are no evaluations of studies available to date.
Ad Fontes Media
Ad Fontes Media, Inc. is a media watchdog organization based in Colorado that is best known for its Media Bias Chart, which ranks media sources based on political bias and reliability. We combine their ratings of individual articles and episodes to create a weighted average, with low-rated items increasingly weighted higher.
- Ad Fontes Media rating was not found.
Are these sources reliable?
Euronews.com
@euronews.com
rp-online.de
@rp-online.de
Bajour
@bajour.ch
Post and Courier
@postandcourier.com
Tages-Anzeiger
@tagesanzeiger.ch
Basler Zeitung
@baz.ch
The Herald
@heraldscotland.com
Das Magazin
@dasmagazin.ch
Blick.ch
@blick.ch
Neue Zürcher Zeitung
@nzz.ch
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What’s Next For Spain After PM Pedro Sanchez Threatened to Quit?
bloomberg.com/news/articles/2024-04-26/what-s-next-for-spain-after-pm-pedro-sanchez-threatened-to-quit
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.
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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.
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11 Republican "fake electors" indicted for falsely declaring Trump won Arizona: Eighteen people including Donald Trump’s former chief of staff Mark Meadows and ...
apnews.com/article/arizona-fake-electors-charges-2020-election-9da5a7e58814ed55ceea1ca55401af85
Quick Glance: 11 Republican 'Fake Electors' Charged in Arizona
- Eleven Republicans were charged in Arizona for falsely claiming that Donald Trump won the 2020 presidential election in Arizona against Joe Biden.
- They met in Phoenix to sign a certificate declaring Trump had won the state. The document was sent to Congress and the National Archives but ignored.
- The Arizona charges follow indictments against fake electors in Nevada, Michigan, and Georgia.
- The charges allege conspiracy, fraud, and forgery as they falsely declared Trump as the winner in Arizona despite Biden's victory by over 10,000 votes.
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.
#MeToo movement founder Tarana Burke told @Reuters she is 'disappointed, angry and sad' as Harvey Weinstein's 2020 conviction for sexual assault and rape was ... Show more www.reuters.com/world/us/new-york-top-court-overturns-former-hollywood-producer-weinsteins-conviction-2024-04-25/
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
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theathletic.com/5440119/2024/04/25/caitlin-clark-marketability-racial-bias/
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- Clark’s attractiveness to local companies and national corporations is heightened by the fact that she is a White woman who has dominated a sport that’s viewed as predominately Black; a straight woman who is joining a league with a sizable LGBTQ+ player population; and a person who comes from America’s heartland, where residents often feel their beliefs and values are ignored or disrespected by the geographical edges of the country.
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- It is a fact that brand ambassadorship at her level is not simply a commentary on someone’s athletic ability. It’s also a reflection of society’s impact on who gets the biggest bags.
Stephen Curry named NBA’s Clutch Player of the Year: Golden State Warriors star Stephen Curry is the second recipient of the NBA Clutch Player of the Year Award ...
reuters.com/sports/stephen-curry-named-nbas-clutch-player-year-2024-04-26/
Quick Glance: Warriors: Stephen Curry Named NBA Clutch Player of the Year
- Golden State Warriors guard Stephen Curry was named the NBA’s Clutch Player of the Year, receiving the award on Thursday on TNT.
- Curry received 45 of 99 possible first-place votes and a total of 298 points, surpassing DeMar DeRozan and Shai Gilgeous-Alexander.
- Curry led the NBA this season with 189 points in 143 clutch minutes, showcasing impressive shooting percentages from the field, 3-point range, and free-throw line.
- Despite missing the playoffs, Curry is analyzing the game and planning to come back stronger next season with the Warriors.
Tennessee lawmakers approve bill criminalizing adults who help minors receive gender-affirming care
apnews.com/article/tennessee-transgender-care-ban-minors-b7b6700f6a54a3788ec0697f065281b6
Quick Glance: Tennessee Lawmakers Pass Bill Criminalizing Adults Aiding Minors in Gender-Affirming Care
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- The bill closely resembles language from an anti-abortion trafficking proposal approved by Tennessee Republican lawmakers the day before.
- Critics caution about the broad application of the law, ranging from discussing care options with adolescents to aiding in travel to states with looser gender-affirming care restrictions.
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US Supreme Court weighs Trump's bid for immunity from prosecution: The U.S. Supreme Court on Thursday confronts a major test of the power of the presidency in ...
reut.rs/49RvvTJ
Quick Glance: US Supreme Court discusses Trump's Immunity
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- The Supreme Court's decision on immunity is expected and could lead to Trump's trial occurring before the election.
Net neutrality restored as FCC votes to regulate internet providers: The Federal Trade Commission has voted to restore rules to prevent broadband internet ...
apnews.com/article/net-neutrality-fcc-broadband-regulation-cc8421bc4f11a3e0f6ffc22c358fbfd0
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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
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College campuses call in police to pro-Palestinian demonstrations: The University of Southern California has canceled its main stage graduation ceremony under ...
apnews.com/article/israel-palestine-war-campus-protests-fbd7dd06431f32d24d0f8abcc8a56b8b
Quick Glance: Wave of Protests Leads to USC's Main Commencement Cancellation
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- Students are urging schools to sever financial connections with Israel and divest from supporting companies.
- Protests at various universities have resulted in arrests and police interventions, prompting some schools to adjust rules to manage the demonstrations.
US judge upholds Trump's $83.3 million defamation loss, rejects new trial: A federal judge on Thursday rejected Donald Trump's bid to throw out an $83 ...
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Quick Glance: Court Rejects Trump's Bid for New Trial Against E. Jean Carroll
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- In the Thursday ruling rejecting the request for a new trial or the judgment to be dismissed, U.S. District Judge Lewis Kaplan said Trump’s argument was “without merit,” made “conspicuously without success” and “defies common sense.”
- Robbie Kaplan, Carroll’s lawyer, told Forbes in a statement they are “pleased with though not surprised by” the court’s decision, adding the award was “entirely reasonable” because of Trump’s continued defamation, “hatred and disdain.”
- In January, a jury determined Trump had to pay Carroll $83.3 million in damages after she accused him of sexual assault. Previously, another jury found Trump liable for sexual assault in the 1990s and subsequent defamation, ordering him to pay $5 million.
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 ...
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Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
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- 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.
Why your energy company isn't fixing your smart meter monitor: What to do if your smart meter display isn't working
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Two barbers sprung into action when they spotted a young girl running towards a busy intersection in East Hartford, Connecticut.
Trump compares campus Israel protests to 2017 white nationalist rally: Donald Trump on Thursday criticized the mostly peaceful protests on U.S ...
reuters.com/world/us/trump-compares-campus-israel-protests-2017-white-nationalist-rally-2024-04-26/
Quick Glance: Trump compares Charlottesville and Israel-Gaza protests
- Former President Trump downplayed the significance of the deadly 2017 white nationalist rally in Charlottesville compared to the rising demonstrations on college campuses over the situation in Gaza.
- Trump highlighted that President Biden frequently cites the Charlottesville rally and Trump’s response as a reason for his White House candidacy in 2020.
- Trump’s remarks coincided with college campus protests concerning the Israel-Hamas conflict, resulting in numerous Palestinian casualties in Gaza.
- Biden has denounced antisemitism in the protests while also criticizing those who fail to grasp the situation with the Palestinians.
Kanye West in talks to launch Yeezy Porn with Stormy Daniels’ ex-husband: The rapper formerly known as Kanye West is reportedly in talks to launch Yeezy Porn ...
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Stock market: Alphabet and Microsoft share prices rise: The American tech giants Alphabet and Microsoft are growing rapidly and are invoking the potential of ...
faz.net/aktuell/wirtschaft/unternehmen/boerse-aktienkurse-von-alphabet-und-microsoft-steigen-19679617.html
Rudy Giuliani, a former lawyer to Donald Trump, is among 18 people charged by a grand jury with allegedly taking part in an Arizona scheme to install fake ... Show more www.reuters.com/world/us/grand-jury-indicts-18-alleged-arizona-fake-elector-scheme-re-elect-trump-2024-04-24/
Quick Glance: Giuliani, 17 Others Indicted in Arizona for Fake Elector Scheme; Trump Named Co-Conspirator
- Rudy Giuliani, a former lawyer for Donald Trump, is among 18 individuals indicted in Arizona for allegedly illegally attempting to claim the state's 2020 electoral votes for the former US president, with Trump identified as an unindicted co-conspirator.
- The indictment in Maricopa County Superior Court lists 11 defendants and redacts the names of seven others. Arizona Attorney General Kris Mayes stated that these names would be disclosed after serving all defendants with the indictment.
- The indictment alleges that the defendants pressured state officials to change election results, including fraud, forgery, and conspiracy, carrying potential sentences ranging from six months to over 12 years upon conviction.
- Several individuals posing as electors for Trump have been charged in Arizona, Georgia, Michigan, and Nevada. The fake elector scheme is also a focal point in the federal case against Trump led by Special Counsel Jack Smith.
China warns US of rising ‘negative factors’ in bilateral ties: World is watching to see if rivalry will ‘break out into conflict’, foreign minister Wang Yi tells ...
ft.com/content/246c9e16-1dc9-432d-990c-11660f9c7d56
Columbia University faces federal complaint after arresting anti-war protesters: A pro-Palestinian U.S. group filed a federal civil rights complaint against ...
reuters.com/world/us/columbia-university-faces-federal-complaint-after-arresting-anti-war-protesters-2024-04-25/
Bird Flu Virus Found in One in Five US Milk Samples, FDA Says: Fragments of the bird flu virus have been found in about one fifth of commercial milk samples ...
bloomberg.com/news/articles/2024-04-26/bird-flu-virus-found-in-one-in-five-us-milk-samples-fda-says
Quick Glance: Key Insights on Bird Flu-Traced Milk Safety
- FDA confirms traces of bird flu in milk, but emphasizes low public risk.
- Although genetic material of the virus was found in milk, tests show no infectious or live form.
- Authorities have not conducted specific studies on bird flu inactivation in cow's milk through pasteurization.
- Experts stress that milk with bird flu traces is safe as long as it is pasteurized and sourced from infected cows.
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/
British man tests first personalised melanoma vaccine: Steve Young is part of the tests to see if an mRNA jab can stop the deadliest skin cancer returning.
bbc.com/news/health-68897731
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.
Reggie Bush is in the building with his Heisman 🔥
Quick Glance: Reggie Bush to Regain 2005 Heisman Trophy
- The Heisman Trust is set to announce Reggie Bush receiving back the 2005 Heisman Trophy, reinstating his status as a recipient after a NCAA investigation.
- Following the restoration of his 2005 season records by the NCAA, the Heisman Trust confirmed the re-honoring of Bush's award.
- In a statement, Bush expressed his excitement to be back in the Heisman family and collaborate with the organization to uphold its values and mission.
- With the Heisman Trophy back in Bush's possession, USC now holds the top spot in college football's Heisman Trophy winners list with a total of eight recipients.
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.
Baby saved from dead mother's womb in Gaza dies: Sabreen was born by emergency C-section after Israel bombed a house in Rafah, killing her family.
bbc.com/news/world-middle-east-68903591
Devilishly good: Luxembourg is represented at a Cheerleading World Championships for the first time
tageblatt.lu/sport/teuflisch-gut-erstmals-ist-luxemburg-bei-einer-cheerleading-wm-vertreten/
Scott Farquhar to resign as joint CEO of Atlassian: Co-founder leaving ‘to spend more time with his young family, improve the world via philanthropy ...
theguardian.com/technology/2024/apr/26/scott-farquhar-to-resign-as-joint-ceo-of-atlassian
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.
The federal government plans to restore grizzly bears to the North Cascades region of Washington
apnews.com/article/grizzly-restoration-north-cascades-washington-16f06ee71d7955124037b4354b9effae
Chicago Bears draft Caleb Williams: How he fits, pick grade and scouting intel: The wait is over and Caleb Williams is a Chicago Bear. Here's what he'll mean to ...
theathletic.com/5439023/2024/04/25/caleb-williams-bears-nfl-draft/
US economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, US Treasury Secretary Janet Yellen told @Reuters ... Show more www.reuters.com/markets/us/yellen-says-economy-performing-well-inflation-will-ebb-2024-04-25/
Former National Enquirer publisher David Pecker testified at Donald Trump's criminal trial that he wrangled with Trump and his former lawyer ahead of the 2016 ... Show more www.reuters.com/world/us/hush-money-testimony-expected-focus-payment-ex-playboy-model-2024-04-25/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
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
NFL Draft 2024: Quarterbacks dominate, defense stars fall deep - All picks in Round 1
ran.de/sports/american-football/nfl/galerien/nfl-draft2024-quaertbacks-dominieren-draft-defense-stars-fallen-alle-picks-323163
After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin
techcrunch.com/2024/04/25/after-6-year-hiatus-stripe-to-start-taking-crypto-payments-starting-with-usdc-stablecoin/
Election 2024: Trump Allies Mull Ways to Stop Nations From Dropping Dollar: Former President Donald Trump’s economic advisers are considering ways to actively ...
bloomberg.com/news/articles/2024-04-25/trump-advisers-discuss-penalties-for-nations-that-de-dollarize
Paid articlePaid
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
Africa Live: Muslim child allegedly lashed for attending church - BBC News: Seven members of a family in Uganda have been arrested for allegedly assaulting the ...
bbc.co.uk/news/live/world-africa-68652286
Quick Glance: Africa Live: Germany detains alleged Nigerian mafia members
- German police have arrested 11 Nigerian men suspected of being part of a mafia group involved in large-scale dating scams orchestrated by the Black Axe gang.
- Portugal's President Marcelo Rebelo de Sousa has stated that his country should take full responsibility for colonial-era abuses and consider paying reparations in certain cases.
- Authorities in Tanzania have shut down five hydroelectric stations to reduce excess electricity in the national grid, with the main plant generating enough power for major cities like Dar es Salaam.
- Negotiations between the Kenyan government and striking doctors have collapsed, prolonging the suffering of those seeking healthcare in public hospitals, as doctors demand better pay and the hiring of trainee doctors.
LIVE UPDATES: The Supreme Court hears arguments on former President Trump’s claim of presidential immunity from prosecution in the special counsel's election ... Show more www.nbcnews.com/politics/supreme-court/live-blog/trump-presidential-immunity-case-live-updates-former-presidents-lawyer-rcna149186
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Gaza protests in the US are expanding: They are targeted and well organized: The student protests in the USA are expanding and are becoming increasingly better ...
nzz.ch/meinung/gaza-proteste-in-den-usa-weiten-sich-aus-sie-sind-gezielt-und-gut-organisiert-ld.1827944
Security concerns after protests: California university cancels graduation ceremony with 65,000 participants
spiegel.de/ausland/gaza-proteste-kalifornische-uni-sagt-abschlussfeier-mit-65-000-teilnehmern-ab-a-6f085923-35ce-40ca-87d5-8d1bcccf14ac
Reddit down in major outage blocking access to web, mobile apps: Reddit is investigating a major outage blocking users worldwide from accessing the social ...
bleepingcomputer.com/news/technology/reddit-down-in-major-outage-blocking-access-to-web-mobile-apps/
Quick Glance: Innovative Advertising Strategies on Reddit
- Reddit recently introduced an innovative ad format aimed at selling products to Reddit users.
- Through Reddit's Dynamic Product Ads, users are automatically shown ads based on their previous interactions with products on the advertiser's website or on Reddit.
- In a blog post, Reddit emphasized its clear focus on ad sales and the natural commercial aspect of the Reddit community.
- The introduction of Dynamic Product Ads is a step in Reddit's strategy to expand its advertising business and drive growth.
Huawei’s New Phone Sports Latest Version of Made-in-China Chip: Huawei Technologies Co.’s latest smartphones carry a version of the advanced made-in-China ...
trib.al/OmW8mjw
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
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Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
The Biden administration plans to impose new restrictions on firearms exports and increase scrutiny on transactions to limit diversions of guns to drug cartels ...
reut.rs/4dfOKJF
Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
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: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
- Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.
- Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.
- Microsoft's Azure cloud service could experience significant growth fueled by generative AI.
- Google and Amazon are also focusing on integrating AI into their cloud services.
Ring dinged for $5.6M after, among other claims, rogue insider spied on 'pretty girls'
theregister.com/2024/04/25/ring_ftc_settlement/
THE PATRIOTS HAVE A NEW QB1 🔥
Drake Maye goes to New England at No. 3 👏
Quick Glance: Belichick's Insights on Drafting Drake Maye
- Former New England Patriots head coach Bill Belichick shared his thoughts on his former team's decision to select UNC quarterback Drake Maye with the third overall pick in the NFL draft.
- Belichick pointed out similarities in size and athleticism between Maye and Josh Allen, emphasizing Allen's exceptional talent.
- Maye is acknowledged as a very talented individual with good physical attributes, running ability, and throwing arm. However, his lack of playing time and experience is noted.
- It is highlighted that Maye possesses immense potential but may require time to fully develop. He is now considered the Patriots' franchise quarterback as they enter a new era.
Anthony Davis last 3 Games:
33 PTS, 15 REB, 3 AST, 61% FG
32 PTS, 11 REB, 2 AST, 73% FG
32 PTS, 14 REB, 5 AST, 52% FG
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
Biden administration issues new rules on airline fees and refunds: The Biden administration is setting new rules on airline fees and refunds ...
apnews.com/article/airlines-junk-fees-baggage-delays-c4a93f9ee9a2bf7d9ee07394183a0374
Quick Glance: New Rules for Airline Refunds and Fees
- The Transportation Department will require airlines to automatically refund fares when flights are canceled or delayed and to reveal more about extra fees before booking.
- The department's new rules target the issues of refunds and surprise fees late in the booking process.
- Passenger advocates welcome the new steps as a massive improvement in consumer rights and passenger protection.
- Starting in October, the new D.O.T. rules will include a unified definition for a "significant" delay.
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.
2024 NFL Draft grades and live updates: All Round 1 picks by team, best available, Round 2-3 order and trades
theathletic.com/live-blogs/nfl-draft-2024-live-picks-trades-grades-round-1/mBX0v0oYxhQ3/
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
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Putin’s Brittle Regime: Like the Soviet One That Preceded It, His System Is Always on the Brink of Collapse
foreignaffairs.com/russian-federation/putins-brittle-regime
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