Global News for You – Top News – Current News
Video-sharing platform dismisses report claiming Chinese government is considering sale to tech billionaire. TikTok has dismissed as “pure fiction” a report claiming that the Chinese government is considering the platform’s sale to Elon Musk to avoid a ban in the United States. Bloomberg News on Tuesday reported that Chinese officials are in preliminary talks about…
Former Trump adviser tells Italian newspaper that Tesla CEO intends to implement ‘techno-feudalism on a global scale’. United States President-elect Donald Trump’s former adviser Steve Bannon has promised to have Elon Musk “run out” of the White House, in the latest escalation of tensions within the MAGA (Make America Great Again) populist movement. In an…
British Prime Minister says AI has the potential to ‘transform the lives of working people’. British Prime Minister Keir Starmer is set to unveil a 50-point plan to turn the United Kingdom into a “world leader” in artificial intelligence (AI) and deliver a “decade of national renewal”. The AI Opportunities Action Plan, set to be…
Justices at the United States Supreme Court have signalled scepticism towards a challenge brought by the video-sharing platform TikTok, as it seeks to overturn a law that would force the app’s sale or ban it by January 19. Friday’s hearing is the latest in a legal saga that has pitted the US government against ByteDance,…
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’. United States Federal Reserve officials at their meeting December 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread…
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually. Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new rule adopted by US President Joe Biden’s outgoing administration banning the inclusion of medical debt in American consumers’ credit reports….
Taipei, Taiwan – Five years ago, Jane Meng travelled from her home in Shanghai to Hong Kong to get herself something special for her birthday. The 31-year-old wealthy owner of an import-export company was not looking for a watch or a designer handbag. Instead, she came for critical illness insurance. “I didn’t have faith in…
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to block Nippon’s proposed $15bn acquisition of the Pittsburgh company. The companies say the head of the United Steelworkers union and a rival steelmaker worked together to scuttle the buyout. The lawsuit, filed on Monday, alleges…
Elon Musk has reversed his support for Nigel Farage, the leader of the United Kingdom’s populist party Reform UK, after a disagreement over a far-right activist. Musk said on Sunday that Reform UK should change its leader after Farage distanced himself from jailed anti-Islam campaigner Stephen Yaxley-Lennon, also known as Tommy Robinson. “The Reform Party…
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday. United States President Joe Biden has decided to block the proposed takeover of US Steel by Japan’s Nippon Steel, US media has reported. Biden is expected to announce his decision to scuttle the $14.9bn sale on national security…
