AFP
13876 articles published since 08 Mar 2022
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US seeks to break up Live Nation, Ticketmaster over alleged monopoly
The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster.
French media progress against X in legal battle over payments
A Paris court ruled Thursday that X needed to provide French media with information about how much money it makes from publishing their content as part of a legal battle over rights payments.
Argentina's Milei sings hard rock at book launch
In a tie and leather jacket, Argentina's President Javier Milei rocked out in front of thousands of fans during the launch of his latest economics book in Buenos Aires Wednesday night. Then, in another twist, he launched into a lengthy lecture from his 13th book "Capitalism, Socialism and the Neoclassical Trap."
AI relies on mass surveillance, warns Signal boss
The AI tools that crunch numbers, generate text and videos and find patterns in data rely on mass surveillance and exercise concerning control over our lives, the boss of encrypted messaging app Signal told AFP on Thursday. "The AI technologies we're talking about today are reliant on mass surveillance," she said.
Boeing shares tumble as company lowers 2024 cash forecast
Boeing shares were hammered Thursday after a top company official predicted another quarter of meager plane deliveries, likely resulting in negative cash for all of 2024. But on Thursday, West withdrew that forecast, indicating the company would likely have negative cash generation for the year.
US new home sales miss expectations in April
Sales of new US homes were weaker than analysts expected in April, government data showed Thursday, with slower mortgage demand appearing to bog down the number of transactions. While sales data can be volatile and revised later, the April selling pace was lower than the first quarter average of 653,000, noted Rubeela Farooqi, chief US economist at High Frequency Economics.
EU hits Oreo maker Mondelez with 337.5 mn euro antitrust fine
The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for forcing consumers to pay more by restricting cross-border sales.
WiFi, drones and sharp blades on Japan's whaling mothership
In whale-motif jacket, shirt and tie plus a whale-shaped hat, Hideki Tokoro shows off Japan's new whaling "mothership", the Kangei Maru -- slicing blades, butchery deck, freezers and all. Japan also wants to resume hunting fin whales, the world's second-biggest animal after the blue whale.
Finland's wizards making food out of thin air
At a factory in Finland, the "farmers of the future" are making a new food protein by feeding a microbe air and electricity, proving that protein can be produced without traditional agriculture. But at Solar Foods' recently opened factory outside Helsinki, scientists are using new technology to grow protein out of cells using air and electricity.
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