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In historic election, Volkswagen workers in Tennessee vote to unionize
Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in the American South.
Hong Kong regulator to investigate PwC auditing of Evergrande
Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report". On Friday, Hong Kong's Accounting and Financial Reporting Council said "a whistle-blower report" had come to its attention.
'Harvesting data': Latin American AI startups transform farming
For centuries, farmers used almanacs to try to understand and predict weather patterns. Understanding how water moves, how wind moves, how different solar exposures operate throughout your farmland," he said at Web Summit, of which AFP is a media partner this year.
'Halving' arrives for bitcoin miners
The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money. However, since the digital currency's launch in 2009, the reward has been halved for every 210,000 blocks in a process called halving.
Microsoft teases lifelike avatar AI tech but gives no release date
Researchers at Microsoft have revealed a new artificial tool that can create deeply realistic human avatars -- but offered no timetable to make it available to the public, citing concerns about facilitating deep fake content. "It paves the way for real-time engagements with lifelike avatars that emulate human conversational behaviors," researchers said in the post.
X owner Musk says opposed to US ban of competitor TikTok
Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress. "TikTok should not be banned in the USA, even though such a ban may benefit the X platform," Musk said in a post on the social network he acquired in 2022.
IMF calls on EU to deepen single market integration to boost growth
Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday. Beyond deepening regional integration, the IMF report suggested other ways to boost flagging productivity levels, including by increasing digitalization and enacting structural reforms.
Ex-SANDF General facing R2.2m fraud charges is out on bail
Former SANDF Brigadier-General Eddy Modlane who was accused of defrauding the army R2.2m fraud was granted R10,000 bail and will return to court on 17 July 2024.
US fines Thailand-based firm $20 mn for Iran sanctions violations
The United States fined a Thailand-based firm $20 million on Friday for more than 450 possible Iran sanctions violations -- a day after Washington slapped fresh sanctions on Iran following last weekend's attack on Israel.
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