Tensions flared in front of Paris' prestigious Sciences Po university over the war in Gaza, echoing similar demonstrations on US campuses Gaza protest in Paris sees tense standoff with Israel supporters | Reuters
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.
D.C. police rejected GWU’s plea to sweep out university protesters: City officials worried about the optics of moving against a small number of peaceful ...
washingtonpost.com/dc-md-va/2024/04/26/dc-police-george-washington-university-protests/
ByteDance Won’t Sell TikTok To Protect Its Secret Algorithm: Report: Sources said that if the company’s legal challenges fail, ByteDance would be willing to call ...
thedailybeast.com/bytedance-wont-sell-tiktok-to-protect-its-secret-algorithm-report
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.
What the pro-Palestinian protesters on college campuses actually want: College campuses across America have been shaken by unrest that has resulted in clashes ...
edition.cnn.com/2024/04/26/investing/what-pro-palestinian-protesters-want
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.
Columbia protest leader banned from campus for saying ‘Zionists don’t deserve to live’
timesofisrael.com/columbia-protest-leader-banned-from-campus-for-saying-zionists-dont-deserve-to-live/
US to rush Patriot missiles to Ukraine as Pentagon builds up support: Move comes as Biden administration begins parcelling out funds unlocked by Congress this ...
ft.com/content/bfd54fd8-de16-4a5a-97e7-14c701e9520f
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.
Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
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.
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.
Tesla to lay off 693 employees in Nevada, government notice says: Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice ...
reuters.com/business/autos-transportation/tesla-lay-off-693-employees-nevada-government-notice-2024-04-26/
Quick Glance: Tesla Plans Mass Layoffs in Nevada, Government Notice Reveals
- Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, according to a government notice, as part of its plan to cut more than 10% of its global workforce.
- Under US labor law, companies with 100 or more employees must notify authorities 60 days ahead of planned closings or mass layoffs.
- Tesla announced it will lay off 6,020 employees in Texas and California, with the company's global headcount exceeding 140,000 by late 2023.
- The company responded to declining sales and increased competition by announcing mass layoffs to streamline its workforce.
Xi Is Meeting Blinken With Tough Issues on the Agenda: The direct meeting with China’s leader is a sign of continued effort to ease tensions ...
nytimes.com/2024/04/26/world/asia/blinken-xi-jinping-china.html
Quick Glance: Blinken Warns China Over Backing Russia - BBC News
- US Secretary of State Antony Blinken warns China against supplying materials to Russia for the war in Ukraine.
- Blinken urges China to distance itself from Russia and criticizes China's role in global affairs such as the fentanyl trade and military operations in the South China Sea.
- Xi Jinping hopes for a partnership between the US and China, while Wang Yi emphasizes the need to avoid conflicts.
- The US calls on China to create a fair business environment and to prevent Iran from escalating tensions in the Middle East.
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.
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
US regulators seize troubled lender Republic First Bancorp: U.S. regulators have seized Republic First Bancorp and agreed to sell it to another lender ...
reuters.com/business/finance/us-regulators-set-seize-republic-first-bancorp-wsj-reports-2024-04-26/
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
reuters.com/technology/apple-renews-talks-with-openai-iphone-generative-ai-features-bloomberg-news-2024-04-26/
Students at prestigious Paris university occupy campus building in pro-Palestinian protest
apnews.com/article/france-paris-university-campus-protests-israel-palestinians-gaza-b2743b076ff31a8dbe74478a046c1379
Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement: HomeServices of America, the largest residential real estate brokerage in the United ...
nytimes.com/2024/04/26/realestate/warren-buffett-homeservices-lawsuit-settlement.html
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.
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/
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.
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
🔊 In an interview with @Reuters, Treasury Secretary Janet Yellen said there are a range of options when it comes to dealing with frozen Russian assets ...
reut.rs/3UjyheM
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
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
Safety regulator probing whether Tesla’s recall of 2 million vehicles with Autopilot was adequate to fix safety threat
cnn.com/2024/04/26/business/tesla-recall-probe-safety-threat/
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.
F1 News: Audi Signs First Driver for Formula One Entry: Nico Hulkenberg will drive for Stake in 2025, transitioning into Audi F1 team in 2026.
newsweek.com/sports/f1-news-audi-signs-first-driver-formula-one-entry-1894555
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
To power the #energy transition, the world needs to secure a reliable supply of critical #minerals .
Learn more: Securing Minerals for the Energy Transition | World Economic Forum McKinsey & Company #SpecialMeeting24
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
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/
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/
As South Korean trainee doctors continue a strike against government plans to boost medical student quotas, hospitals in some smaller cities say they ... Show more
Smaller towns in South Korea bear brunt of doctors’ shortage | Reuters
Smaller towns in South Korea bear brunt of doctors’ shortage | Reuters
Quick Glance: Smaller Towns in South Korea Struggle with Doctor Shortage
- Hospitals in South Korea's smaller cities are facing a shortage of physicians as a nationwide strike by trainee doctors continues to protest plans to increase medical school admissions.
- While Seoul has top-tier hospitals, smaller towns are suffering from a lack of doctors, exacerbated by an aging population and the world's lowest birth rates.
- South Korea has one of the lowest doctor-to-patient ratios among developed countries, prompting government efforts to increase medical school enrollments, a move met with resistance from trainee doctors and medical groups.
- Addressing the shortage of doctors in underserved areas and preventing them from clustering in Seoul requires not just an increase in doctor numbers but also policy changes, according to experts in the field.
See how Gaza campus protests spread across the US: What started a week ago at Columbia University has led to hundreds of arrests at multiple college campuses.
bbc.com/news/av/world-us-canada-68851627
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/
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/
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/
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.
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
The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
Paid articlePaid
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
A Japanese Town, Frustrated by Overtourism, Is Blocking Its Instagram-Famous View of Mt. Fuji
time.com/6971316/japan-mount-fuji-barrier-block-tourist-view/
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.
Singer-songwriter Kylie Minogue and Mattel CEO Ynon Kreiz named one of TIME magazine's 100 most influential people of 2024
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/
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
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/
Bank of Japan Stands Pat on Rates and Bond Buying, Hitting Yen: The Bank of Japan held its interest rate settings steady and simplified its language on ...
bloomberg.com/news/articles/2024-04-26/boj-holds-rates-drops-monthly-bond-buying-reference-figure
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
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.
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.
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/
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
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
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
apnews.com/article/copper-metals-takeover-bhp-billiton-anglo-american-0431191b94567881c9ac821e5317b58e
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.
The last of the ballot blocks - farm sale reflects tough few years: One of the last rehab soldier farms in Wairarapa has been sold for forestry ...
rnz.co.nz/national/programmes/countrylife/audio/2018935888/the-last-of-the-ballot-blocks-farm-sale-reflects-tough-few-years
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
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.
CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
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
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick 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/
Gen Z: Apple dominates among Generation Z - except a specific product: Samsung is the smartphone market leader worldwide. But among US teenagers ...
welt.de/kmpkt/article248022234/Gen-Z-Apple-dominiert-bei-der-Generation-Z-ausser-ein-bestimmtes-Produkt.html
Quick Glance: Apple deepens ties with China amidst supply chain shifts
- Apple is increasing the number of China-based suppliers and Chinese manufacturing sites while decreasing the number of suppliers from Taiwan, the U.S., Japan, and South Korea.
- The company is navigating a balancing act between politics and business by expanding its production in Southeast Asia and India.
- This trend is evident in Apple's latest official supplier list, highlighting China's growing importance.
Chaos has engulfed US universities as pro-Palestinian protests have spread from coast to coast. Let’s take a look at what is behind these demonstrations Wave of pro-Palestinian protests on campus meets forceful response | Reuters
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/
Toyota has launched a public transport pilot with nine fully electric Hilux Revo pickup trucks in Thailand.
The automaker's move in Thailand comes as Chinese ... Show more
Toyota pilots EV pickup trucks in key Thai market | Reuters
Toyota pilots EV pickup trucks in key Thai market | Reuters
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