Turkey’s central bank resumed its program of raising interest rates to battle skyrocketing inflation, which is severely hurting people’s finances. The increase was 5 percentage
Category: WORLD NEWS
Google opts for payment of the $272m fine imposed by French regulators rather than pay news publishers.
On Wednesday, Google was smacked by France’s competition watchdog with yet another large penalty related to an ongoing dispute over payments made to French publishers
US SEC fines two investment advisers $400k over “AI washing”.
The U.S. Securities and Exchange Commission announced on Monday that two investment advisors had reached a settlement agreement to pay penalties, acknowledging that the regulator
Swiss National Bank sold FX worth $150b to support the franc against imported inflation.
The Swiss National Bank announced on Tuesday that it had sold foreign currency in 2023 for a total of 132.9 billion Swiss francs ($149.51 billion),
Apple intends to build Google’s Gemini AI engine into the iPhone.
Apple is in negotiations to integrate Google’s Gemini artificial intelligence engine inside the iPhone. The talks are about licensing Gemini for certain new capabilities that
Uber pays Australian cab drivers $178m to settle lawsuit for taking over their jobs.
Uber, a major global ridesharing company, has agreed to pay 272 million Australian dollars ($178 million) to resolve a long-standing lawsuit with taxi and hire
TikTok: ByteDance to divest or face ban as House vote is expected to pass.
Legislators are acting on fears that the ownership structure of the company poses a threat to national security, and on Wednesday they are poised to
As Argentina’s inflation soars above 250%, 60% of the population falls into poverty.
As inflation soars over 250%, Sandra Boluch, a fruit and vegetable vendor in Buenos Aires, is observing a concerning trend: declining sales and an increase
Elon Musk is releasing the Grok chatbot developed by xAI as open-source to fight OpenAI.
A few days after he sued OpenAI for forsaking its initial objective in favor of a for-profit model, Elon Musk announced Monday that his artificial
Aramco expects a healthy global oil market in 2024 and plans to increase its investments in China.
Amid expanding and robust oil demand in China, Saudi Aramco’s chief executive, Amin Nasser, announced on Sunday that the oil giant was exploring other investment