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Facebook, Instagram roll out paid subscription in Australia, New Zealand
Facebook and Instagram began a week-long rollout of their first paid verification service on Friday, testing users' willingness to pay for social media features that until now have been free. Some commentators have expressed puzzlement at why Facebook and Instagram would adopt a verification-subscription strategy that rival Twitter tried just weeks ago -- with less than stellar results.
Bank of Japan's next chief says monetary easing 'appropriate'
The Bank of Japan's longstanding monetary easing policies are "appropriate", its next governor Kazuo Ueda told parliament on Friday, suggesting no sudden changes to the bank's stance when he takes the helm in April. Ueda said Friday he saw the "continuation of monetary easing as appropriate".
Japan inflation hits 4.2 percent in January
Japan's consumer prices rose 4.2 percent in January from a year earlier, a level not seen since September 1981, fuelled in part by higher energy bills, government data showed Friday. Increases in electricity and gas bills, as well as telecommunication fees and price hikes for a range of processed foods contributed to the January acceleration, the government data showed.
Boeing halts deliveries of 787 again on fuselage issue
Boeing has suspended deliveries of the 787 Dreamliner again following new issues with a fuselage component, US aviation regulators said Thursday. Boeing is "conducting additional analysis on a fuselage component," the Federal Aviation Administration (FAA) said in a statement.
US World Bank pick a straight-talker who 'gets things done'
The United States' candidate to lead the World Bank, Ajay Banga, has helmed large institutions and "helped bring 500 million unbanked people into the digital economy," according to US authorities. The next World Bank president will need to "unite a very large group of countries behind a common agenda," said Clemence Landers, policy fellow with the Center for Global Development.
One billion users, but bans mount up for TikTok
TikTok's breakneck rise from niche video-sharing app to global social media behemoth has brought plenty of scrutiny, particularly over its links to China. With more than one billion active users it is the sixth most used social platform in the world, according to the We Are Social marketing agency.
US transport chief sorry over delayed derailment response
US Transportation Secretary Pete Buttigieg voiced regret Thursday over his muted response to a toxic train derailment and pushed for safety reforms as he addressed resident's fears over possible contamination of their air and water. Norfolk Southern says it is monitoring air and water quality as it removes rail cars and contaminated materials. ft/mlm
World's last Meccano factory to close next year in France
The owners of the world's last dedicated Meccano toy factory have said it will close by next year after more than half a century in France because of rising costs. The French site is the last factory owned and run by Spin Master for Meccano toys, but the company has also outsourced Meccano production to toy makers in Europe, Asia and Latin America.
French news channel sacks anchor after disinformation probe
French news channel sacks anchor after disinformation probe
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