AFP
13876 articles published since 08 Mar 2022
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EU faces uphill battle to rein in big tech
The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead. European tech businesses share this concern: industry sources said they want Brussels to make sure big tech follows the rules, not just propose new ones.
Despite oil riches, Libyans hit by plummeting purchasing power
Libya may sit on Africa's biggest oil reserves, but many families are struggling with rapidly rising consumer prices as the festive Muslim holy month of Ramadan nears. Economic analyst Abubakr al-Tur said "Libya is experiencing a critical situation with rising prices and a currency devaluation".
Argentina's 'troll' president: Milei takes aim at rivals online
Phone in hand, Argentina's President Javier Milei has become a social media junkie who tears into opponents, shares bizarre memes, vents and retweets with a gusto that has seen him dubbed an online "troll." - 'Influencer troll' - After the governor of southern Chubut province, Ignacio Torres, threatened to cut oil supplies over funding reductions, Milei shared and liked various memes about him.
Sticky inflation to keep eurozone interest rates on hold
Sticky inflation is expected to prompt eurozone rate-setters to hold borrowing costs steady again Thursday, as they await clearer signs of a sustained easing of consumer prices before beginning to cut. The Frankfurt-based institution's governing council is widely expected to hold the benchmark deposit rate steady at a record four percent for a fourth straight meeting on Thursday.
Bulk carrier hit by missile from Yemen, crew says three dead
A missile fired by Yemen's Huthi rebels hit a bulk carrier in the Gulf of Aden on Wednesday, with the crew reporting three people dead and at least four wounded, the US military said.
Chinese national arrested in US for stealing Google AI technology
A Chinese software engineer was arrested Wednesday for allegedly stealing artificial intelligence technology from Google while secretly working for two Chinese companies, US Attorney General Merrick Garland said.
Boeing slammed for dragging feet in Alaska Airlines probe
The head of the federal investigation into a troubled January flight on a Boeing 737 MAX jet blasted the aviation giant on Wednesday for not providing key information quickly. "Early in the investigation, we provided the NTSB with names of Boeing employees, including door specialists, who we believed would have relevant information," the company said.
SpaceX eyes March 14 for next Starship test launch
Elon Musk's SpaceX on Wednesday announced it was eyeing March 14 as the earliest date for the next test launch of its giant Starship rocket, with which it hopes to one day colonize Mars. "The third flight test of Starship could launch as soon as March 14, pending regulatory approval," SpaceX posted on X, the social media platform also owned by Musk.
EU will force big tech to change 'behaviour': competition chief
The EU is prepared to deploy its full arsenal to force big tech companies to change their behaviour online, the bloc's competition chief said Wednesday, the day before a sweeping new law comes into force. The competition commissioner pointed to a string of cases pursued against tech companies since 2014, to prove her point that Brussels means business.
AFP
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