TikTok ban: Biden to sign on Wednesday, a legal challenge to follow.
On Tuesday, the Senate passed a bill that would compel TikTok’s parent company, which is based in China, to sell the social media platform or
Tanzania eyes a $42 billion LNG deal and 8,000 MW of power to boost industrialization.
Finance Minister Khamis Mussa Omar said that Tanzania anticipates finalizing agreements on significant investment projects in the upcoming months, including a $42 billion LNG development
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Germany’s Scholz demands priority for European banking union and uniformity of financial markets.
On Tuesday, German Chancellor Olaf Scholz urged greater uniformity in European financial markets and called for the completion of a European banking union, referring to
The World Bank halts financing for a $150m Tanzanian tourism project, which hurt indigenous communities.
A U.S.-based rights group that has long encouraged the global lender to take such action claims that the World Bank has discontinued funding for a
UBS says Big 6 Tech giants’ profit bubble will “collapse” over 2024.
The so-called Big Six technology stocks’ profit growth momentum may “collapse” during the upcoming quarters, according to strategists at UBS Global Research, who downgraded the
UK set to deport migrants to Rwanda in violation of EU’s human rights charter from July. – Sunak.
The first flight taking asylum seekers to Rwanda is scheduled to depart in ten to twelve weeks, according to British Prime Minister Rishi Sunak, who
World Bank wins $11b donations from 11 countries to fight climate change and global crises.
In an effort to address pandemics, climate change, and other global issues, the World Bank announced on Friday that 11 nations had committed to contributing
Dutch government to stop using Facebook, unless data security is assured.
As long as it’s unclear what happens to the personal information of people who use official Facebook pages, the Dutch privacy watchdog AP said on
Beijing orders the removal of WhatsApp and Threads from Apple’s China app store.
Following an order from the Chinese government, which cited national security concerns, Apple stated on Friday that it had withdrawn Meta Platforms’ WhatsApp and Threads
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AI/Machine Learning could amplify future banking crises. – Chair Basel Committee.
As part of their daily governance, banks need to consider the risks associated with using artificial intelligence (AI) and machine learning (ML), according to a
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