AFP
13875 articles published since 08 Mar 2022
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ECB expected to slow pace of rate hikes
The European Central Bank is expected to hike interest rates again Thursday to fight inflation but at a slower pace, as higher borrowing costs take their toll and banking sector fears resurface. Concerns about the banking sector -- and the impact on lenders of monetary tightening -- also resurfaced this week after the collapse of another US lender.
Striking Hollywood writers decry the Uber-ization of their trade
Television and film writers, on strike over the "existential crisis" of a Hollywood dream factory that mistreats the source of its stories, are fed up with seeing their profession become more precarious in the age of streaming.
US regulator targets AI ahead of White House confab
A US regulator put artificial intelligence in the crosshairs ahead of a White House meeting Thursday with tech firms to strategize about its dangers. The White House will meet with chief executives from Google, Microsoft, OpenAI and Anthropic on Thursday to discuss the promise and risks of artificial intelligence.
What will the Artemis Moon base look like?
The next time NASA goes to the Moon, it intends to stay. The basic concept behind returning to the Moon under Artemis is to help NASA prepare for much more distant missions to Mars.
Sheeran copyright battle could stoke songwriting paranoia
Ed Sheeran is preparing for a blockbuster tour and album release amid regular trips to Manhattan's federal court, where he's defending his songwriting in a closely watched copyright case. "One reason that this Ed Sheeran case may be really important to the industry is that it's a data point that would show well is the pendulum actually back on the other side, or are we just going back and forth?"
US regulator threatens Facebook over privacy violations
The top US data privacy regulator on Wednesday accused Facebook-owner Meta of violating its commitments on data privacy and threatened to sanction it heavily if it didn't comply. The FTC is also threatening to ban Meta from making money off of children's data.
US posts $10 mn reward for alleged Russian cybercriminal
The United States offered a reward of up to $10 million on Wednesday for a Russian national accused of running a stolen credit card operation. The State Department and Secret Service said a reward of up to $10 million had been offered for information leading to the arrest and capture of Kulkov, who lives in Russia.
US pick Ajay Banga confirmed as new World Bank president
The World Bank confirmed Wednesday that Ajay Banga will be its next president, handing him the reins at a pivotal time as it looks to reshape its role to better address climate change. - Climate concerns - Banga will enter his new role at a difficult time for the world economy, with slowing global growth and high interest rates in many major economies.
'Remarkable' Alzheimer's drug reduces cognitive decline, study shows
US pharmaceutical giant Eli Lilly on Wednesday announced its experimental Alzheimer's drug significantly slowed cognitive and functional decline, results hailed as "remarkable" by experts despite some patients experiencing serious side effects.
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