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AI search pushing an already weakened media ecosystem to the brink
AI search pushing an already weakened media ecosystem to the brink
by  AFP

Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of visitors and impacting the advertising revenue they desperately need, in a crushing blow to an industry already fighting for survival.

UK lenders face $12 bn plus compensation bill despite court ruling: watchdog
UK lenders face $12 bn plus compensation bill despite court ruling: watchdog
by  AFP

British finance firms behind high interest car loans could have to pay out more than nine billion pounds ($12 billion) in compensation despite the country's highest court ruling that most of the controversial deals were lawful, a financial watchdog said Sunday. "It is clear that some firms have broken the law and our rules.

US trade advisor says Trump tariff rates unlikely to change
US trade advisor says Trump tariff rates unlikely to change
by  AFP

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil. "These tariff rates are pretty much set."

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