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13876 articles published since 08 Mar 2022
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US Fed divided on risk of cutting rates too soon: minutes
The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too late, although most members voiced concern about moving early, according to minutes of the meeting published Wednesday.
'It's frightening': YouTubers split over OpenAI's video tool Sora
US firm OpenAI debuted a tool last week that can generate highly realistic snippets of video from just a few lines of text, leading content creators to wonder if they are the latest professionals about to be replaced by algorithms. YouTube itself announced last September it was developing a tool to let creators make AI-generated videos and background pictures.
Bundesliga investor deal collapses after fan protests
The German Football League (DFL) on Wednesday dropped a huge cash injection deal with investors for a share of Bundesliga media revenues after widespread fan protests, a U-turn hailed by fanclubs as a "success" for supporters. Under the circumstances, the completion of the deal "cannot be guaranteed", he said, adding that the decision to drop the investor tie-up was unanimous.
Two dead, two hurt in Dutch bridge accident
At least two people died on Wednesday and two more were injured when part of a bridge under construction crashed down on workers in the Netherlands, Dutch officials said. We saw two construction workers fall down."
Utah parenting vlogger sentenced to prison for child abuse
A Utah mother-of-six who doled out parenting advice on a popular YouTube channel has been sentenced to prison for abusing her children, holding two of them in conditions prosecutors likened to concentration camps. Utah prosecutor Eric Clarke said Franke and Hildebrandt held two of the children, then aged nine and 11, in a "concentration camp-like setting."
South Africa hikes taxes and social spending before vote
South Africa plans to hike taxes and increase spending on social grants ahead of a general election in May amid sluggish growth and high debt, the government said on Wednesday. Three decades after the end of apartheid, South Africa suffers from high levels of poverty and unemployment, which currently stands at more than 32 percent.
Kosovo's Serbs hit by lines, limited withdrawals after currency ban
Long lines snaked around banks in northern Kosovo on Wednesday, as ethnic Serbs waited to receive salaries and pensions in limited tranches following a government regulation targeting Serbia's dinar currency.
London's iconic BT Tower sold to become hotel
British telecoms giant BT Group announced Tuesday the sale of its famous BT Tower and that the building located in the heart of London will be transformed into a hotel. "MCR Hotels... plan to preserve BT Tower as an iconic hotel, securing its place as a London landmark for the future," BT said in a statement.
Lawyers for US urge UK court to reject Assange appeal bid
Lawyers for the United States on Wednesday urged a UK court to block a last-ditch bid by Julian Assange to appeal his extradition to the country to face espionage charges. "Mr Assange was exposing serious state criminality," his lawyer Edward Fitzgerald told the court.
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