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Ottawa, Google reach 'historic' deal to support Canadian media
Ottawa, Google reach 'historic' deal to support Canadian media
Technology
by  AFP

The Canadian government and Google announced Wednesday a "historic" deal to support the country's media, heading off an imminent threat by the digital giant to block news on its platform. The amount is less than the government had estimated the compensation should be, but heads off a potential online blackout for news in Canada, where Google and Meta are the dominating platforms.

US Fed finds signs of slowing economic activity
US Fed finds signs of slowing economic activity
Business and Economy
by  AFP

US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve announced Wednesday, as it continues its fight against stubborn inflation. "On balance, economic activity slowed since the previous report," the Fed announced in its regular survey of US economic conditions, known as the "beige book".