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Virgin Galactic eyes possible expansion into Italy
Virgin Galactic eyes possible expansion into Italy
by  AFP

US space tourism company Virgin Galactic announced Thursday it is exploring the possibility of opening a new base in Italy, potentially bringing crewed launches to Europe for the first time. The company competes in the suborbital space tourism market with Jeff Bezos's Blue Origin.

Korean Air buys majority stake in rival Asiana Airlines
Korean Air buys majority stake in rival Asiana Airlines
by  AFP

South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. The European Commission, the bloc's powerful antitrust authority, last year expressed concerns the takeover could restrict competition on routes between Europe and South Korea.

Australia to force tech titans to pay for news
Australia to force tech titans to pay for news
by  AFP

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Australia wants big tech companies to compensate local publishers for sharing articles that drive traffic on their platforms.

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