An international ransomware network that extorted more than $100 million from hundreds of victims around the world has been brought down following a monthslong infiltration by the FBI, the Department…
more ...US Economy Showed Solid Growth at End of 2022
The U.S. economy cooled only slightly at the end of last year, advancing at an annualized 2.9% rate, the Department of Commerce reported Thursday, even as forecasters are suggesting a…
more ...Trump Reinstated to Facebook After 2-Year Ban
Facebook parent Meta is reinstating former President Donald Trump’s personal account after a two-year suspension following the January 6, 2021, insurrection. The company said in a blog post Wednesday it…
more ...Olive Pits Fuel Flights in Spain
The war in Ukraine has exposed Europe’s energy dependence on Russia and is spurring the development of new, cleaner-burning biofuels. Spain is emerging as a leader in this effort, with…
more ...Microsoft Reports Outage for Teams, Outlook, Other Services
Microsoft said it’s seeing some improvement to problems with its online services including the Teams messaging platform and Outlook email system after users around the world reported outages Wednesday. In…
more ...IMF Chief Praises Zambia’s Reforms, Pushes Creditors on Debt
The head of the International Monetary Fund is praising Zambia’s efforts to reform its economy and urging its creditors to restructure the country’s debts. Zambia was the first African country…
more ...US, 8 States Sue Google on Digital Ad Business Dominance
The U.S. Justice Department filed a lawsuit against Alphabet’s GOOGL.O Google on Tuesday over allegations that the company abused its dominance of the digital advertising business, according to a court…
more ...Spotify to Cut 6% of Workforce, Some 600 Employees
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees, the latest cost-cutting announcement among technology companies. “In hindsight, I was too ambitious…
more ...Fashion Sneakers Propel Sustainable Rubber in Brazil Amazon
Rubber tapper Raimundo Mendes de Barros prepares to leave his home, surrounded by rainforest, for an errand in the Brazilian Amazon city of Xapuri. He slides his long, scarred, 77-year-old…
more ...AI Tools Can Create New Images, But Who Is the Real Artist?
Countless artists have taken inspiration from “The Starry Night” since Vincent Van Gogh painted the swirling scene in 1889. Now artificial intelligence systems are doing the same, training themselves on…
more ...India Facilitates IMF Bailout for Crisis Stricken Sri Lanka
Sri Lanka has moved closer to securing a crucial $2.9 billion loan from the International Monetary Fund after India extended financing assurances that Colombo needs from its major foreign creditors…
more ...Google Parent Company To Lay Off 12,000 Workers Globally
Alphabet Inc., the parent company of tech giant Google, announced Friday it is laying off 12,000 workers across the entire company — cuts reflecting six percent of the company’s total…
more ...FBI Chief Says He’s ‘Deeply Concerned’ by China’s AI Program
FBI Director Christopher Wray said Thursday that he was “deeply concerned” about the Chinese government’s artificial intelligence program, asserting that it was “not constrained by the rule of law.” Speaking…
more ...US Starts ‘Extraordinary Measures’ to Avert Debt Ceiling Breach
The U.S. has begun taking “extraordinary measures” to avoid spending that would breach the country’s $31.4 trillion debt ceiling, Treasury Secretary Janet Yellen told lawmakers Thursday, touching off a Washington…
more ...Tech Layoffs Mount as Microsoft, Amazon Shed Staff
Software giant Microsoft on Wednesday became the latest major company in the tech sector to announce significant job cuts when it reported it would lay off 10,000 employees, or about…
more ...No Progress on Netherlands Joining US Chip-Export Ban to China
In his meeting with Dutch Prime Minister Mark Rutte on Tuesday at the White House, President Joe Biden appeared to have made no progress to get the Netherlands to support…
more ...SpaceX’s Starlink Becomes Crucial Tool in Ukrainian War Effort
When Russia invaded Ukraine, the military and private citizens started using Elon Musk’s SpaceX Starlink, which eventually became key to Ukraine’s resistance. From Kyiv, Myroslava Gongadze tells the story of…
more ...Biden Urges Netherlands to Back Restrictions on Exporting Chip Tech to China
President Joe Biden hosted Dutch Prime Minister Mark Rutte on Tuesday at the White House, where he urged the Netherlands to support new U.S. restrictions on exporting chip-making technology to…
more ...Economic Woes, War, Climate Change on Tap for Davos Meeting
The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos, where leaders are seeking to bridge political divisions in a…
more ...Oxfam: World’s Richest 1% ‘Grab Two-Thirds of Global Wealth’
As the annual World Economic Forum gets underway this week in Davos, Switzerland, Oxfam says extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years.…
more ...Davos 2023: Big Oil in Sights of Climate Activist Protests
Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored “cease…
more ...Global Unemployment Grows Amid Economic Slowdown
The outlook for the year ahead and beyond is not very promising. The International Labor Organization warns that the current global economic slowdown will force millions of workers to accept…
more ...Israel’s Cognyte Won Tender to Sell Spyware to Myanmar Before Coup, Documents Show
Israel’s Cognyte Software Ltd won a tender to sell intercept spyware to a Myanmar state-backed telecommunications firm a month before the Asian nation’s February 2021 military coup, according to documents…
more ...Fight Over Big Tech Looms in US Supreme Court
An upcoming U.S. Supreme Court case that asks whether tech firms can be held liable for damages related to algorithmically generated content recommendations has the ability to “upend the internet,”…
more ...Report: Iran May Be Using Facial Recognition Technology to Police Hijab Law
A recently published report in a U.S.-based magazine says Iran is likely using facial recognition technology to monitor women’s compliance with the country’s hijab law. While there are other ways…
more ...US Inflation Eases for Sixth Straight Month
The increase in U.S. consumer prices eased again in December, dropping for the sixth straight month after reaching a four-decade high in mid-2022, the government reported Thursday. The Bureau of…
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