Tech News

French court to have final say on pensions reform

France's top constitutional court is to rule Friday on whether to approve President Emmanuel Macron's deeply unpopular pensions overhaul after months of protests.. As well as ruling on whether the pensions legislation and the way it was passed is in line with the constitution, the council must also decide on whether to approve an opposition demand for a referendum on an alternative pensions law.

Stocks rally, dollar dips further on easing rate expectations

Asian equities rose and the dollar dipped further Friday after fresh data showing continued slowing of inflation fanned hopes the Federal Reserve is nearing the end of its long-running campaign of interest rate hikes.. Investors are now betting the Fed will hike rates 25 basis points at its May gathering but possibly hold after that, with some still clinging to hopes it will even cut by the end of the year.

TikTok faces ban in Montana as US backlash continues

The US state of Montana on Thursday was on the verge of implementing a total ban on TikTok, after a proposal passed a key hurdle in the state's legislature.. "It is hard to see how the state would be able to defend it and win," Tobias told AFP. When an earlier version of the bill passed in the Montana senate, TikTok decried a "disastrous precedent" that would have "serious consequences", especially on TikTok creators and Montana businesses that use the app.

Tupperware's future in doubt amid weak financial position

Is the Tupperware era ending?. Over time, Tupper's  hermetically sealed plastic containers also became associated with "Tupperware Parties," where friends would gather with food and drink as a company representative demonstrated the items.

EU seeks quick critical minerals deal with US: official

The European Union is willing to proceed "as fast as possible" on a critical minerals deal with the United States, a top bloc official said Thursday, as both sides work to end a spat over Washington's ambitious green incentive plan.. "On the critical raw materials agreement, from the EU side, we are willing to move forward as fast as possible," said European Commissioner for Trade Valdis Dombrovskis on Thursday.

Discord, a prime ground for online 'rebels'... and leaks?

It is perhaps no accident that a trove of sensitive US documents reportedly ended up in a chat room on Discord, one of a small group of platforms that are widely seen by experts as natural haunts for online renegades.. Citing fellow members of the group, the Post reported that the chat room allegedly behind the leak was a destination for two dozen men and boys who shared a "mutual love of guns, military gear and God." 

Delta sees strong demand persisting as it reports loss

Pointing to persistently strong flying demand, Delta Air Lines offered a bullish spring season forecast Thursday as it reported a loss in the first quarter.. For the quarter ending March 31, Delta reported a loss of $363 million despite a 36 percent jump in revenues to $12.8 billion.

Dominion v. Fox News: major defamation case heads to trial

Jury selection began Thursday in a closely-watched civil trial that pits vote machine maker Dominion against Fox News and tests the extent of free speech rights for media in America -- even when broadcasting alleged election falsehoods.. It claims it was only reporting on Trump's allegations, not supporting them, and is protected by free speech rights enshrined in the First Amendment of the US Constitution.

IMF chief urges world to avoid a 'second Cold War'

Countries must do more to avert the costly consequences of growing global trade fragmentation, and help avert a "second Cold War," the International Monetary Fund's (IMF) managing director said Thursday. . An IMF report earlier this week predicted that growing trade fragmentation resulting from events like Brexit, the US-China trade war and the Russian invasion of Ukraine, could make the global economy as much as seven percent smaller than it otherwise would have been.

EU privacy watchdog sets up ChatGPT task force

The European Union's central data regulator said on Thursday it was forming a task force to help countries deal with wildly popular AI chatbot ChatGPT, ramping up the pressure on its US maker OpenAI. Italy temporarily banned the program last month over allegations its data-gathering broke privacy laws, and France's regulator said on Thursday it had opened a formal procedure after receiving five complaints.. Italy, the first regulator to bar the bot, this week issued a slew of actions OpenAI would need to take to get back into the country -- not least providing a legal basis for its data gathering.