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California law would make tech giants pay for news
California law would make tech giants pay for news
Business and Economy
by  AFP

A proposed law requiring internet giants to pay for news stories moved forward in California on Friday, despite Facebook owner Meta threatening to pull news from its platform if it passes. In Australia, Facebook in 2021 briefly blocked news articles over a similar law and Google threatened to pull its search engine from the country before they made deals to pay several media groups.

Fitch holds US rating on negative watch despite debt deal
Fitch holds US rating on negative watch despite debt deal
Business and Economy
by  AFP

Ratings agency Fitch said Friday that it is keeping the United States' "AAA" credit rating on negative watch, despite a bipartisan agreement on the debt limit to avert a catastrophic default. While the resolution of the debt ceiling impasse means the US government will be able to meet its obligations, Fitch Ratings said it maintains a "Rating Watch Negative" on the United States.

Whaling opposition rises in Iceland as govt ban looms
Whaling opposition rises in Iceland as govt ban looms
Business and Economy
by  AFP

Opposition to whaling is on the rise in Iceland with a majority now in favour of dropping the practice, a fresh public opinion poll showed ahead of a possible government ban. The share of Icelanders in favour of the hunt has dipped slightly, to 29 percent from 32 percent four years ago, the poll showed.