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EU parliament approves world's most sweeping cryptocurrency rules
The European Parliament approved the world's first comprehensive rules to regulate the "Wild West" world of cryptocurrencies on Thursday, hoping to protect investors against abuse and manipulation.
US conservatives boycott Bud Light after transgender partnership
The popular US beer Bud Light has long carved out an all-American brand for itself -- finding success in its ubiquity by being available in seemingly any bar, yet establishing a niche along the way with patriotic cultural conservatives. - M&M's - It's not the first time an American brand has been dubbed "woke," thereby drawing the ire of conservatives.
The British physicist making women scientists visible online
By day, Jessica Wade spends her time in a laboratory at Imperial College London surrounded by spectrometers, oscilloscopes -- and men. Wade, 34, has worked at Imperial's imposing campus in west London since 2016.
Snapchat seeks path to profit without losing its way
Snapchat parent Snap on Wednesday unveiled new tactics including the increased use of artificial intelligence in its struggle to expand beyond the app's loyal user base and reach profitability. But unlike Meta, with its "family" of apps including Facebook, Instagram and WhatsApp, Snap has never made enough money from advertising to turn an annual profit.
Asian markets swing as inflation, rates worry investors
Asian markets fluctuated Thursday following a tepid performance in New York and Europe as traders fret over the inflation outlook and central bank plans to hike interest rates to tame rampant prices.
SpaceX to make second bid to launch Starship on test flight
SpaceX is to make a second attempt on Thursday to carry out the first test flight of Starship, the most powerful rocket ever built, designed to send astronauts to the Moon, Mars and beyond. It generates 17 million pounds of thrust, more than twice that of the Saturn V rockets used to send Apollo astronauts to the Moon.
US imposes $300mn penalty on Seagate over Huawei shipments
US authorities on Wednesday imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said. According to the bureau's investigation, Seagate was involved in the shipment of more than 7.4 million hard disk drives without authorization. bys/tjj
Tesla profits fall on vehicle price cuts sending shares down
Tesla reported a drop in first-quarter earnings Wednesday as price cuts at Elon Musk's electric vehicle company boosted demand but hit profit margins. The company said its profit margins had been trimmed at "a manageable rate," as it pointed to a "unique opportunity for Tesla" while signaling more price cuts ahead.
No more red envelopes: Netflix ejects DVD service
After shipping out more than five billion DVDs in its trademark red envelopes, Netflix has finally called time on the movies-by-mail subscription service that launched the Hollywood streaming colossus.
AFP
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