Asian tech stocks fell sharply on Friday, with Seoul and Tokyo leading losses after a Wall Street sell-off driven by fears of tighter AI regulation following Democrats’ US midterm election victory. US…
En poco más de tres años, Santiago Peña pasó de ser el joven economista de derecha que llegó a la presidencia de Paraguay, como referente de una nueva generación política, a presentar su renuncia por…
Shares sank, with the tech-heavy Nasdaq dropping over 5%, as investors reacted with fear that a Democratic Congress — and states across the country -— would crack down on AI and data centers.
Website known for politics, arts and culture coverage announces closure just weeks before anniversary Salon, one of the early internet’s pioneering publications, is closing after more than three decades, the outlet announced on Thursday. “It’s difficult to find the right words for the end of something that has meant so much to so many people. Salon was never just a website,” Salon said in a statement. “It was an idea about what journalism could be, born at a moment when the internet was still a largely unexplored frontier.” Continue reading...
Nearly $2tn shaved off Nasdaq value as worries of curbs to AI datacenters ripple across bourses The Nasdaq share index had its worst day in 19 months after slumping 5.5% on Thursday amid growing signs that the artificial intelligence industry will face tougher regulation because of the midterm election results. As Wall Street sustained widespread losses, the Nasdaq composite tumbled into “correction territory” – more than 10% below its recent record high – with more than $2tn shaved off its value by the end of trading Thursday. The tech-heavy index had its biggest one-day fall since Donald Tru
Law bans social media platforms from providing minors features such as autoplay that lead to compulsive use Google, Meta and TikTok have sued California to block enforcement of a new state law intended to limit the risk of addicting children under 16 to social media platforms. The law, known as Assembly Bill 1709, prohibits such platforms from offering underage children “psychologically exploitative features” that could lead to compulsive use, such as providing personal recommendations and sending videos through autoplay features. It also requires the deletion of children’s accounts with t
Bills have soared in rural state buffeted by tariffs and war in Iran – and Democrat Adam Hamilton’s stunning upset shows how deep economic frustrations run Linda Olson always does her homework before voting – a trait she inherited from a family invested, and interested, in politics. Her father was a photographer who took portraits of political leaders in Washington, while her grandparents were farmers who cared deeply about their industry. In 2024, Olson’s research led her to Donald Trump. She trusted that the then-former president would improve their economic realities in Junction City, Kansa
Planes forced into emergency landings or diversions two days after hoax alerts affected air travel Why have more than 30 European flights been hit by bomb threats this week? Hoax bomb threats have disrupted at least 34 flights across Europe this week, with some forced to make emergency landings, as questions mount over an apparently coordinated effort to cause chaos for travellers. At least 25 bomb threats affected flights on Thursday between Italy, Ireland, the UK, Spain, Bulgaria, Romania, Poland, Finland, Austria, Denmark, Belgium, Portugal, France, Greece, Serbia and Czechia. Continue read
Base rate increases from 3.75% and Bank governor signals another rise in near future to combat rising inflation Analysis: Interest rate rise in midst of cost of living crisis will leave many incredulous The Bank of England has raised interest rates for the first time in three years and warned of another increase to combat inflationary pressure unleashed by the Iran war. Eight members of the Bank’s monetary policy committee (MPC) voted for the rise, which takes the base rate from 3.75% to 4%. The ninth member, Catherine Mann, preferred a more dramatic half-point increase. Continue reading...