European Commission Investigates Meta’s Actions The European Commission is pressing Meta for details regarding the shutdown of its transparency tool, CrowdTangle. Under the Digital Services Act (DSA), Meta is required…
Category: Business
Europe Braces for Imported Mpox Cases After Global Health Emergency Declaration
European Health Authorities Warn of Incoming Mpox Cases Following the declaration of a global health emergency due to the Mpox outbreak in Africa, European health officials have cautioned that it’s…
BMW Recalls 1.3 Million Vehicles in China Due to Takata Airbag Risks
Massive Recall of BMW Vehicles in China BMW has initiated a recall of over 1.3 million vehicles in China due to concerns over Takata airbag inflators, a move following a…
TikTok Challenges US Ban by Citing Media Ownership Rights
TikTok Defends Against US Ban Citing Foreign Ownership TikTok is actively contesting a new US law that mandates its Chinese parent company, ByteDance, to divest or face a ban. In…
Venice Film Festival Director Leaves X Over Elon Musk’s Remarks
Alberto Barbera Exits X Following Musk’s Statements Alberto Barbera, the Artistic Director of the Venice Film Festival, has decided to leave the social media platform X, formerly known as Twitter,…
Temu Founder Becomes China’s Wealthiest Amid E-commerce Boom
Colin Huang Tops China’s Rich List Colin Huang, the founder of Temu, has claimed the title of China’s richest person with a net worth of $48.6 billion, surpassing Zhong Shanshan,…
Sterling Faces Uncertain Future Amid Potential Rate Cuts
Sterling on Track for Longest Losing Streak in a Year The British pound is on the verge of its longest losing streak since last September, heading toward its fourth consecutive…
China Challenges EU Tariffs on Electric Vehicles at WTO
China Files WTO Complaint Against EU Tariffs On Friday, China announced it had lodged a formal complaint with the World Trade Organisation (WTO) in response to the European Union’s newly…
UN Cybercrime Treaty Sparks Global Controversy
UN Committee Approves Controversial Cybercrime Treaty A UN committee has approved the first-ever global cybercrime treaty despite significant opposition from human rights organizations and major tech companies. The treaty, which…
Satirist Slams Musk’s UK ‘Civil War’ Tweets
A Critique of Musk’s Provocative Tweets Celebrated satirist Armando Iannucci has taken aim at Elon Musk, calling out the billionaire’s provocative tweets about the UK’s civil war. Iannucci, creator of…