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TikTok hit by US lawsuits over child safety, security fears
TikTok was hit Wednesday with a pair of lawsuits from the US state of Indiana, which accused it of making false claims about the Chinese-owned app's safety for children. The spectacular success of TikTok has seen rival sites such as Meta-owned Instagram or Snapchat struggle to keep up, with once soaring ad revenues taking a hit.
Amazon sued in US for 'stealing' delivery driver tips
The District of Columbia on Wednesday said it is suing Amazon for allegedly stealing tips from its Flex service delivery drivers to reduce labor costs and boost profits.
Apple beefs up iCloud data defense against snooping
Apple on Wednesday said it is beefing up defense of data that users store in the cloud, a move that could thwart authorities as well as hackers. Civil rights and privacy advocates, along with cybersecurity professionals, however, advocate encrypting data to protect against wrongful snooping by authorities as well as hackers.
Elon Musk briefly loses top spot on Forbes billionaire list
Tesla-owner Elon Musk briefly lost the top spot on Forbes' billionaire list on Wednesday to Bernard Arnault, whose family owns the world's leading luxury group, LVMH. With US tech stocks sliding as interest rates and recession fears rise, Musk's fortune briefly fell below that of the Arnault family. Arnault had also topped the Forbes list for several hours in 2021.
No convictions sought in French court over 2009 Rio-Paris crash
French prosecutors said Wednesday it was "impossible" to convict Air France and plane maker Airbus over the 2009 crash of a Rio-Paris flight, enraging victims' families after an eight-week trial. "We know that this view will most likely be difficult to hear for the civil plaintiffs, but we are not in a position to demand the conviction of Air France and Airbus," he added.
Meta sees itself as dwarfed by 'Giant Tech' Apple
Facebook parent Meta may be in the Big Tech club but it sees itself as being dwarfed by "Giant Tech" company -- and corporate foe -- Apple, a top executive, Nick Clegg, said Wednesday. "There's Big Tech and there's Giant Tech," Clegg told an audience in Brussels, where Meta was courting policymakers with its latest virtual-reality (VR) gear.
Canada central bank hikes key lending rate 50 basis points to 4.25%
Canada's central bank on Wednesday hiked its key lending rate by 50 basis points to 4.25 percent, saying its aggressive moves to rein in inflation were working but that the economy was still too hot. The bank will need to assess whether its seven rate hikes this year have slowed demand as hoped, how supply challenges are resolving, and whether all of this is impacting inflation.
Barcelona-Marseille pipeline: an ambitious but risky project
A planned underwater hydrogen pipeline connecting Barcelona and Marseille is a risky project, but one that is key for the European Union's energy independence. - Why Barcelona and Marseille?
Avatar's James Cameron on art, AI and outrage
Avatar's James Cameron on art, AI and outrage
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