Business and Economy

Business and Economy Latest News

With Trump win, Silicon Valley's right flank takes on Washington
With Trump win, Silicon Valley's right flank takes on Washington
by  AFP

One week into his second administration, Donald Trump has put technology at the forefront, featuring tech billionaires prominently at his inauguration and announcing major AI infrastructure deals from the White House. - Palmer Luckey - Palmer Luckey, while not directly involved in the White House, carries weight as a self-made tech billionaire who challenged Silicon Valley's liberal bent.

Universal, Spotify ink multi-year deal
Universal, Spotify ink multi-year deal
by  AFP

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates. The deal notably "establishes a direct license between Spotify and Universal Music Publishing Group across Spotify's current product portfolio in the US and several other countries," the companies said.

Undersea cable between Sweden and Latvia damaged: Swedish PM
Undersea cable between Sweden and Latvia damaged: Swedish PM
by  AFP

Latvia said it had dispatched a warship on Sunday after damage to a fibre optic cable to Sweden that may have been "due to external factors". The statement added: "Based on current findings, it is presumed that the cable is significantly damaged due to external factors.

Energy

Money

Industry

Technology

Economy