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19848 articles published since 08 Mar 2022

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Turkey blocks access to Instagram
Turkey blocks access to Instagram
Technology

Turkey on Friday blocked access to the Instagram social media network, the national communications authority said without explanation, following censorship accusations against the US company by a high-ranking Turkish official. This is not the first time that Turkish authorities have blocked access to social media sites.

Snapchat gains users but continues to lose money
Snapchat gains users but continues to lose money
Technology

Snap shares plunged more than 16 percent on Thursday when a disappointing financial outlook eclipsed a rise in users of the image-centric social network Snapchat. Snap shares were down more than 16 percent to $10.73 in after-market trades.

Intel says it will slash workforce to cut costs
Intel says it will slash workforce to cut costs
Technology

US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations. In June, Intel announced it was halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant.

British Airways parent IAG drops bid for Air Europa
British Airways parent IAG drops bid for Air Europa
Business and Economy

Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain's Air Europa due to the "current regulatory environment". IAG, which also owns Spain's low-cost carrier Vueling and Ireland's Aer Lingus, had in February 2023 said it was to acquire Air Europa for 500 million euros from Globalia, its Spanish owner, pending regulatory approval.

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