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Inflation crashes the party as ECB marks 25 years
The European Central Bank celebrates its 25th anniversary Wednesday but soaring inflation in the eurozone threatens to put a damper on festivities at the Frankfurt-based financial institution. Nevertheless, Lagarde has sought to strike an upbeat tone ahead of the anniversary, insisting last week there was a "strong cause for celebration".
Asian markets sink as US debt talks stall
Asian markets tracked losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks to avert a painful default. After the sell-off on Wall Street, Asia was also under pressure on Wednesday.
Filmmakers at Cannes grapple with 'tectonic' AI shift
At an AI talk on a Cannes beach, a presenter's voice is cloned and used to say a random phrase in three languages, while another's face is replaced live on screen as they speak. - Voice cloning - Magdalena Zielinska of ElevenLabs in Poland which claims to have created the "most expressive" AI voices available, says tools to check if a voice is synthetic will be essential.
Apple to spend billions of dollars on US-made 5G tech
Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make "cutting edge" components for wirelessly connecting to high-speed 5G telecom networks. The alliance will include designing and manufacturing sophisticated radio frequency components and other "cutting-edge wireless connectivity" parts in the United States, according to Apple.
Climate scientists flee Twitter as hostility surges
Scientists suffering insults and mass-spam are abandoning Twitter for alternative social networks as hostile climate-change denialism surges on the platform following Elon Musk's takeover.
New York's landmark 'Flatiron' sold -- hopefully for real this time
New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed to complete the transaction, organizers said.
US top health official sounds alarm on child social media use
The top US health official on Tuesday issued a stark warning to parents, tech companies and regulators, saying the evidence is growing that social media use may seriously harm children. Murthy called on policymakers to strengthen safety standards around social media and urged tech companies to responsibly assess the impact of their products on children and share data with researchers.
Lawsuits pile up over Credit Suisse bonds write-down
Lawsuits pile up over Credit Suisse bonds write-down
Israelis march against budget 'looting' for ultra-Orthodox Jews
Thousands of Israelis on Tuesday protested the allocation of funds to ultra-Orthodox Jews in the government's proposed state budget. Opposition head Yair Lapid said the budget was "destructive" as it included monies to ultra-Orthodox Jews that discourage them from taking a more active part in Israeli economy.
AFP
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