Tech News

After backlash, Twitter now calls NPR -- and BBC -- 'government-funded'

Twitter has backtracked after an uproar for labeling the US radio network NPR as "state- affiliated media" and now calls it "government-funded.". The change in how Twitter refers to Washington-based National Public Radio happened quietly overnight Saturday and comes after the network complained that the term "state-affiliated" was disparaging and inaccurate.

The camera never lied... until AI told it to

An amateur photographer who goes by the name "ibreakphotos" decided to do an experiment on his Samsung phone last month to find out how a feature called "space zoom" actually works.. The feature, first released in 2020, claims a 100x zoom rate, and Samsung used sparkling clear images of the Moon in its marketing.

Small US banks use enlarged deposit guarantee to compete with giants

In the wake of the latest US banking meltdown, small lenders might appear vulnerable to an exodus of depositors fleeing for larger banks.. Federal data shows that some depositors at small banks did head for the exits, moving some $120 billion in a single week into larger banks sometimes viewed as too big to fail. 

Bank takeover prevented Swiss economy collapse: minister

Swiss Finance Minister Karin Keller-Sutter said Switzerland's economy would probably have collapsed had Credit Suisse gone bankrupt, in an interview published Sunday.. "Without determined intervention by the authorities, the alternative would have been a bankruptcy of Credit Suisse on Monday morning, accompanied by a probable collapse of the Swiss economy."

World Bank could lend $50bn more over decade with reform: Yellen

The World Bank's ongoing reform could result in a $50 billion lending boost over the next decade, US Treasury Secretary Janet Yellen told AFP ahead of stakeholders' meetings next week where key changes are expected to be announced.. "Second, there will be an announcement that the bank is stretching its financial capacity to meet these objectives, and adopting changes or endorsing changes that could result in an additional $50 billion in extra lending capacity over the next decade," Yellen said.

Dockworker shortage shuts California ports

Two of the busiest ports in the United States were shuttered Friday because not enough dockworkers turned up for work, a shippers representative said.. "The action by the Union has effectively shut down the Ports of Los Angeles and Long Beach -- the largest gateway for maritime trade in the United States."

Despite Lula's promises, deforestation still rampant in Brazil

Deforestation in Brazil's Amazon rainforest in the first quarter of 2023 was one of the worst on record, according to official figures released on Friday.. In the first quarter of 2023, Amazon deforestation was the second highest on record for that period with 844 square kilometers destroyed.

US hiring eases in March as economy shows signs of cooling

US job gains eased in March for a second straight month, government data showed Friday, adding to signs that the economy is cooling as policymakers push on in their fight against inflation.. - Strong labor market - "The data show that the labor market remains strong with the economy still creating jobs at a rapid pace.

Honduras shrimp industry worried by diplomatic break with Taiwan

On the Pacific coast of Honduras, thousands of people working in the shrimp farming industry are worried about their futures following the government's decision to break diplomatic ties with their largest export market: Taiwan.. Shrimp is the fifth largest export for Honduras after coffee, bananas, sugar and palm oil.