Many of the wigs and false eyelashes labeled “Made in China” that are sold by American retailers may violate U.S. sanctions on North Korea, which is where they are actually…
more ...Big Amazon Cloud Services Recovering After Outage Hits Thousands of Users
Amazon.com said cloud services offered by its unit Amazon Web Services were recovering after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and The…
more ...US Consumer Price Growth Slowed Last Month
Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation. At the same time, some…
more ...Ex-Samsung Exec Charged With Stealing Chip Tech for China Factory
South Korea has charged a former Samsung executive accused of stealing company secrets worth hundreds of millions of dollars to set up a copycat chip factory in China, prosecutors told…
more ...McCartney: ‘Final Beatles Record’ Out This Year Aided by AI
A “final Beatles record”, created with the help of artificial intelligence, will be released later this year, Paul McCartney told the BBC in an interview broadcast on Tuesday. “It was…
more ...India Denies Dorsey’s Claims It Threatened to Shut Down Twitter
India threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the government’s handling of farmer protests, co-founder Jack Dorsey said, an accusation Prime Minister…
more ...Startup Firm Leads Kenya Into World of High-Tech Manufacturing
A three-year-old startup company is leading Kenya into the world of high-tech manufacturing, building a workforce capable of making semiconductors and nanotechnology products that operate modern devices from mobile phones…
more ...UN Chief Considering Watchdog Agency for AI
U.N. Secretary-General Antonio Guterres said Monday that he will appoint a scientific advisory body in the coming days that will include outside experts on artificial intelligence, and said he is…
more ...Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices
Canada’s worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as housing construction has slowed due…
more ...Can Russian Crude Ease Pakistan’s Economic Woes?
Pakistani authorities are touting the arrival of the first shipment of discounted Russian crude oil as “transformative,” however, analysts say the extent of relief it will bring the country’s crisis-riddled…
more ...Value of Zimbabwe’s Currency Keeps Plunging Despite Rescue Attempts
Zimbabwe’s central bank’s efforts to arrest the sharp depreciation of the country’s dollar seem to be failing as the currency took a nosedive and was trading Monday at more than…
more ...Borrowers Worry as Pause on US Student Loan Payments Nears End
In a good month, Celina Chanthanouvong has about $200 left after rent, groceries and car insurance. That doesn’t factor in her student loans, which have been on hold since the…
more ...AI Chatbots Offer Comfort to the Bereaved
Staying in touch with a loved one after their death is the promise of several start-ups using the powers of artificial intelligence, though not without raising ethical questions. Ryu Sun-yun…
more ...Apple, Defying the Times, Stays Quiet on AI
Resisting the hype, Apple defied most predictions this week and made no mention of artificial intelligence when it unveiled its latest slate of new products, including its Vision Pro mixed…
more ...Russian Trade Rises Despite Sanctions, as NATO Member Turkey Offers ‘Critical Lifeline’
Despite Western attempts to stifle Russia’s economy through sanctions following its invasion of Ukraine last year, Russian trade volumes with dozens of countries have actually increased since the war began…
more ...Pakistani Charities Burdened by Record Inflation
Pakistanis traditionally give generously to charity, but most avoid paying taxes. Now, charities are feeling the pressure as donations drop amid record-setting 38% inflation. Low tax collection, meanwhile, hurts economic…
more ...China’s Targeting of US Firms Politically Motivated, US Ambassador Says
The United States will push back on China’s targeting of American firms, which Washington considers politically motivated and unfair, U.S. Ambassador to China Nicholas Burns said on Wednesday. Several U.S.…
more ...New Nigerian President Says He Will Remove Fuel Subsidy
After his May 29 inauguration, Nigerian president Bola Tinubu announced he would soon end a decades-old fuel subsidy, saying the country can no longer afford the cost. His comments sparked…
more ...OECD Slightly Raises World GDP Growth Forecast to 2.7%
The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped COVID restrictions, but it warned the recovery faces a “long…
more ...Financial Institutions in US, East Asia Spoofed by Suspected North Korean Hackers
There are renewed concerns North Korea’s army of hackers is targeting financial institutions to prop up the regime in Pyongyang and possibly fund its weapons programs. A report published Tuesday…
more ...World Bank Lifts 2023 Global Growth Forecasts, But Cuts Next Year’s Outlook
The World Bank on Tuesday raised its 2023 global growth forecast as the U.S. and other major economies have proven more resilient than predicted but said higher interest rates would…
more ...Japan, Australia, US to Fund Undersea Cable Connection in Micronesia to Counter China’s Influence
Japan announced Tuesday that it joined the United States and Australia in signing a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in…
more ...Could Artificial Intelligence Help Stop Trade in Goods Made From Child, Forced Labor?
The U.S. Department of Homeland Security is looking at how artificial intelligence can be used to help identify goods made with child or forced labor and prevent those goods from…
more ...Musk Says China Detailed Plans to Regulate AI
Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his…
more ...Is It Real or Made by AI? Europe Wants a Label as It Fights Disinformation
The European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and other content generated by…
more ...What’s Behind the Decline in Limousine Demand?
Stretch limousines — once a symbol of the rich and famous — are now rarely seen on the roads and at red carpet events. Karina Bafradzhian investigates why demand for limousines has declined.…
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