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BuzzFeed to close news operation
BuzzFeed announced Thursday that it was shutting its news division as part of cost-saving cuts, signalling the end of one of the most notable news websites of the internet era. But in late 2011 it founded BuzzFeed News, which won a number of awards and became a symbol of a new wave of internet media companies.
BuzzFeed says shutting down newsroom: CEO memo
BuzzFeed announced Thursday that it was shutting its news division, signalling the end of one of the most notable news websites of the internet era. BuzzFeed News was founded in late 2011, and became a symbol of a new wave of internet media companies. pdh/sst
US seeks 'constructive and fair' economic ties with China: Yellen
The United States seeks a "constructive and fair economic relationship" with China, even as Washington holds firm in defending the country's national security, Treasury Secretary Janet Yellen said Thursday. But Yellen said Thursday that the United States remains firm in its conviction to defend its values and national security.
Some ECB policymakers wanted rate hike pause: minutes
Some European Central Bank policymakers wanted to pause hiking interest rates at their last meeting in March due to financial market turmoil, minutes published Thursday revealed. But the collapse of three US regional lenders and the UBS takeover of embattled rival Credit Suisse in March triggered market turmoil, and calls for central banks to pause their monetary tightening.
EasyJet CEO 'confident' after last summer's travel chaos
The aviation sector has endured chaos at airports after the end of Covid restrictions, high inflation and strikes, but easyJet chief executive Johan Lundgren is upbeat about the British airline's future. He said easyJet has written to the French transport minister and aviation regulator to ask them to increase the "minimum level of service" imposed during strikes.
SpaceX Starship, world's biggest rocket, explodes during first flight test
SpaceX's Starship, the most powerful rocket ever built, exploded on Thursday during the first test flight of the spacecraft designed to send astronauts to the Moon, Mars and beyond. It generates 17 million pounds of thrust, more than twice that of the Saturn V rockets used to send Apollo astronauts to the Moon.
French food delivery gig workers to get minimum wage
Major food delivery platforms on Thursday agreed a minimum hourly wage with representatives of French riders, the workers' FNAE union said. "This is an immediate win for delivery riders, of whom around 20 percent were below the threshold" of 11.75, FNAE president Gregoire Leclercq said.
EU parliament approves world's most sweeping cryptocurrency rules
The European Parliament approved the world's first comprehensive rules to regulate the "Wild West" world of cryptocurrencies on Thursday, hoping to protect investors against abuse and manipulation.
US conservatives boycott Bud Light after transgender partnership
The popular US beer Bud Light has long carved out an all-American brand for itself -- finding success in its ubiquity by being available in seemingly any bar, yet establishing a niche along the way with patriotic cultural conservatives. - M&M's - It's not the first time an American brand has been dubbed "woke," thereby drawing the ire of conservatives.
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