AFP
13876 articles published since 08 Mar 2022
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US to ease Venezuela oil, gas sanctions after election deal
The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year, the Treasury Department said Wednesday.
Tech breathes new life into endangered Native American languages
Linguistics experts are turning to cutting-edge technologies to revitalize threatened Native American languages -- and rejuvenate generations of Indigenous tradition -- through new approaches such as children's books and smartphone apps. TLC, which has a $3 million budget, regularly teams up linguists with Native American language teachers to work on these dictionaries.
Tesla disappoints in quarterly results as discounts bite
Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts. Musk has undertaken multiple price cuts throughout 2023 on vehicles, telling investors in April that the company has taken the view that pushing for higher sales is the right choice versus taking a bigger margin.
Netflix gains subscribers with ads and password crackdown
Netflix on Wednesday said subscriber numbers grew more than 10 percent to 247 million in the recently ended third quarter as it cracked down on passwords and refined an ad-supported tier. The streaming service said in an earnings report that its nascent ad-supported offering was gaining traction, with the number of members increasing nearly 70 percent in the quarter.
Premier League eyes biggest ever TV rights deal by selling 70 more matches
The Premier League is aiming to smash its own record domestic television rights deal after making 70 more matches available for broadcast from 2025. Premier League clubs already enjoy a huge financial advantage over their European competitors due to far more lucrative domestic and international TV rights deals. kca/ea
ECB greenlights next stage of digital euro project
The European Central Bank moved closer to creating a "digital euro" Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks. Central bank-backed digital currencies (CBDCs) have been touted as a risk-free alternative to private, highly volatile cryptocurrencies like Bitcoin which have seen a rise in popularity in recent years.
Russia withdraws new ruble note after church complaint
Russia's central bank halted the circulation of a new 1,000 ruble note Wednesday after Orthodox priests complained that the image of a church dome lacked a cross, even though it does not have one in real life. The bank had presented new designs of the 1,000 and 5,000 ruble notes earlier this week.
Swedish Tesla workers to strike over union demands
Tesla mechanics in Sweden will walk off the job on October 27 unless the electric carmaker agrees to sign a collective wage agreement, the metalworkers union IF Metall said Wednesday. "Even though we have called for industrial action, it is our sincere hope that Tesla will begin to negotiate and sign a collective agreement for their employees in Sweden," IF Metall said. po/jll/rl
Musk's X starts charging new users for basic features in two countries
The social media site X, formerly known as Twitter, said Tuesday it has started charging new users in New Zealand and the Philippines for basic features such as posting messages in a trial aimed at reducing spam.
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