By Sumit Vishe French voters commenced voting on Sunday in the first round of a sudden parliamentary election that could mark a significant shift in the country’s political landscape, potentially ushering in its first far-right government since World War Two. This election carries profound implications not only for France but also for its role within…
By Sumit Vishe U.S. prosecutors are engaged in crucial discussions with Boeing and the families of victims from fatal crashes as a pivotal July 7 deadline approaches for the Justice Department to decide on potential criminal charges against the aircraft manufacturer. This information comes from sources familiar with the matter and correspondence reviewed by Reuters….
Global stock markets faced downward pressure on Friday, erasing early gains, while U.S. Treasury yields climbed and the dollar weakened following news of unchanged U.S. monthly inflation in May. The flat reading in the U.S. Personal Consumption Expenditures (PCE) price index for May, as reported by data, marked no change from the 0.3% increase observed…
In May, U.S. monthly inflation held steady as a slight uptick in service costs countered the largest drop in goods prices in six months, a Commerce Department report revealed on Friday. This development nudged the Federal Reserve closer to contemplating interest rate cuts later in the year. Consumer spending saw marginal growth during the same…
Indonesia’s national data center faced a significant cyberattack, disrupting immigration checks at airports and resulting in a demand for an $8 million ransom, the country’s Communications Minister revealed on Monday. The breach caused considerable disruptions to government services, particularly at airports, where long lines formed at immigration desks. Automated passport machines have since been restored,…
Brussels, June 24, 2024 – The European Union’s antitrust regulators formally charged Apple Inc. on Monday with violating the bloc’s stringent technology rules, a move that could lead to significant financial penalties for the iPhone maker. Apple is concurrently facing a separate investigation into newly imposed fees on app developers. The European Commission, the EU’s…
Washington, D.C. – The U.S. Supreme Court has agreed to hear a bid by Nvidia Corporation (NVDA.O) to dismiss a securities fraud lawsuit accusing the artificial intelligence chipmaker of misleading investors about the extent of its sales to the volatile cryptocurrency industry. The justices accepted Nvidia’s appeal after a lower court revived the proposed class…
Washington, D.C. – A U.S. appeals court has announced it will hold oral arguments on September 16 regarding legal challenges to a new law mandating that China-based ByteDance divest TikTok’s U.S. assets by January 19, 2024, or face a nationwide ban. The upcoming court date signifies a critical juncture in the ongoing legal and political…
Apple is taking a cautious approach to the rollout of its new AI service, Apple Intelligence, with full deployment expected to stretch into 2025. Announced last week, Apple Intelligence will be available to developers later this summer, but it will not be included in the initial beta releases of iOS 18, iPadOS 18, and macOS…
Apple is planning a phased rollout of its new AI-powered features, branded as Apple Intelligence, across its devices. These features, revealed at the Worldwide Developer Conference (WWDC) 2024, will be available as a preview in the upcoming iOS 18, iPadOS 18, and macOS Sequoia, which are expected to launch in September. The full version of…
