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Universal, Spotify ink multi-year deal
Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates. The deal notably "establishes a direct license between Spotify and Universal Music Publishing Group across Spotify's current product portfolio in the US and several other countries," the companies said.
Undersea cable between Sweden and Latvia damaged: Swedish PM
Latvia said it had dispatched a warship on Sunday after damage to a fibre optic cable to Sweden that may have been "due to external factors". The statement added: "Based on current findings, it is presumed that the cable is significantly damaged due to external factors.
US Fed prepares to pause in first rate decision since Trump's inauguration
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump. - Trump's 'demands' lower rates - Trump has frequently criticized the Fed, which has a dual mandate from Congress to act independently to tackle inflation and unemployment.
Trump's Canada, Mexico tariff threat aimed at gaining leverage in trade talks: experts
President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.
Trump casts chill over US wind energy sector
Donald Trump has long ranted against wind energy -- claiming turbines are unsightly, dangerous to wildlife and too expensive -- with him threatening to upend decades of industry progress just a few hours after resuming power.
Rubbish roads: Nepal explores paving with plastic
Cars speeding along a smooth, black-coloured street in Nepal's Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction. "We saw scope for such plastics to be utilised as a raw material, partially substituting bitumen in road construction."
Meta plans to invest $60 bn or more in AI this year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology. Meta will construct a massive new datacenter to power its AI ambitions and is planning $60 billion to $65 billion in capital expenditures this year related to the technology, according to Zuckerberg.
Migrants held in US sanctuary city as Trump moves army to border
The mayor of a major US city said Friday immigration officers raided a seafood business, detaining undocumented migrants alongside an American citizen as President Donald Trump pressed actions against undocumented people and deployed troops to the Mexican border.
Croatians boycott shopping to protest high prices
Supermarket aisles were quiet across Croatia on Friday as consumers protested high food prices by joining a boycott on shopping. The boycott shocked retailers, said Josip Kelemen from the "Halo, inspektore" consumer protection group, which called for the protest.
AFP
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