Tech News

France urges 'transparency' over US climate subsidies

French Economy Minister Bruno Le Maire has called for "transparency" between the United States and Europe over the controversial granting of green subsidies and tax breaks.. "The most important thing is that we cooperate with allies to have transparency about the amount of subsidies and tax credits that will be granted," said Le Maire.

Musk found not liable in Tesla tweet trial

Jurors on Friday found Elon Musk not liable for investors' losses in a fraud trial over his 2018 tweets falsely claiming that he had funding in place to take Tesla private.. - No joke - Musk testified during the trial that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.

Jury mulls whether Musk's 2018 Tesla tweet was fraud

Jurors on Friday began deliberating whether Elon Musk committed fraud and should pay dearly for 2018 tweets falsely claiming that he had funding in place to take Tesla private.. Musk testified during the trial that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.

Anti-graft chief insists Ukraine turning corner on corruption

The head of Ukraine's anti-corruption agency insisted Friday that the Russian invasion had triggered a substantial and "irreversible" fall in graft in what has long been one of Europe's most corrupt countries.. Nevertheless, he was adamant that the country was now making an "irreversible" move away from corrupt practices of the past.

S.African president shoots down plan to sponsor Tottenham

A proposed lucrative sponsorship deal between South Africa and a top English football club that sparked a two-day firestorm will not be backed by President Cyril Ramaphosa, his spokesman said Friday.. Tourism Minister Lindiwe Sisulu, a political foe of Ramaphosa, also distanced herself from the proposal, denying reports she had been the driving force behind it. 

US sees surprise hiring surge as unemployment edges down

US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, government data showed Friday, despite strong efforts to ease economic activity.. - No sign of softening - "The data show the economy is creating jobs at a rapid pace," said Rubeela Farooqi, chief US economist at High Frequency Economics.

Cash and fuel crisis cranks up Nigeria election tensions

With just three weeks to go before Nigeria's presidential election, major cash and fuel shortages are stirring up public anger and tensions during campaigning for the country's top post.. But powerful APC governor for Kaduna State, Nasir El-Rufai, stirred up tensions further this week with a claim "saboteurs" in the presidential villa were trying to undermine Tinubu.

'Mister Geopolitix': Global affairs for the YouTube generation

Donning khaki and adjusting the camera, 32-year-old French Youtuber Gildas Leprince becomes Mister Geopolitix, bringing foreign affairs to a younger crowd who might otherwise not be interested.. "Seventy percent of my community is between 18 to 35 years old," said Leprince, who styles himself as "Mister Geopolitix" online.

Europe looks to geothermal energy as gas alternative

The heating plant in Munich's southern Sendling neighbourhood has been run for more than a century on gas, often imported from far away.. Nonetheless, the Sendling plant operators see the potential as "massive", according to Peltl.