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13876 articles published since 08 Mar 2022

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US court dismisses Musk lawsuit against anti-hate watchdog
US court dismisses Musk lawsuit against anti-hate watchdog
Technology

A US court on Monday rejected social network X's lawsuit against a nonprofit that had reported a spike in misinformation and hate speech on the platform since billionaire Elon Musk's takeover. The California court said it was evident the lawsuit was filed to "punish" the nonprofit for publishing research critical of the social network, and likely dissuade others from doing so.

Sales of new US homes edge down unexpectedly in February
Sales of new US homes edge down unexpectedly in February
Economy

US new home sales ticked down surprisingly in February, according to government data released Monday, after January's rate was revised higher. New single-family home sales were at an annual rate of 662,000 last month, seasonally adjusted, 0.3 percent down from the revised 664,000 figure for January, said the Commerce Department.

Hong Kong's popular Octopus card expands to mainland China
Hong Kong's popular Octopus card expands to mainland China
Economy

Hong Kong's popular Octopus tap-and-go card will be accepted on public transport in more than 336 mainland Chinese cities from Tuesday, the e-payment company has announced. Under the new scheme, the Octopus-China card will be accepted on buses, subways, trains and ferries in about half of the cities in mainland China.

Troubled Boeing announces CEO Dave Calhoun to step down
Troubled Boeing announces CEO Dave Calhoun to step down
Economy

Boeing announced Monday that CEO Dave Calhoun would leave his post as the aviation giant faces increased scrutiny after a series of safety incidents and manufacturing issues. US regulators last month gave Boeing 90 days to come up with a plan addressing quality control issues, with the regulatory Federal Aviation Administration saying the company must "commit to real and profound improvements."

EU probes Apple, Google, Meta under new digital law
EU probes Apple, Google, Meta under new digital law
Technology

The EU on Monday hit Apple, Google parent Alphabet and Meta with the first ever probes under a mammoth digital law, which could lead to big fines against the US giants. EU regulators also ordered Alphabet, Amazon, Apple, Meta and Microsoft to "retain certain documents to monitor the effective implementation and compliance".

Asian markets mixed as key US inflation data looms
Asian markets mixed as key US inflation data looms
Economy

Asian markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week. Eyes are now on the release of the personal consumption expenditures (PCE) index, the Fed's preferred gauge of inflation, with traders hoping for a reading that shows price gains slowing further.

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