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EU probes Facebook, Instagram over child protection
EU probes Facebook, Instagram over child protection
by  AFP

The EU on Thursday opened a formal investigation into Facebook and Instagram on suspicion the platforms owned by Meta are causing addictive behaviour in children. The EU stressed in a statement that the "opening of formal proceedings does not prejudge its outcome".

Easyjet CEO flies out in 2025 after seven years
Easyjet CEO flies out in 2025 after seven years
by  AFP

Easyjet said Thursday that chief executive Johan Lundgren would step down at the start of 2025 after seven years piloting the no-frills airline, notably through Covid turbulence.

Siemens to sell electrical motors business to KPS
Siemens to sell electrical motors business to KPS
by  AFP

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).

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