Tech News

US top court back Big Tech in terror cases

The US Supreme Court handed a victory to Twitter, Facebook and Google on Thursday, saying the social media giants could not be held liable by victims of terrorist attacks for postings that endorsed the Islamic State group.. The first of the two cases involved a US victim of the 2015 Paris attacks, claimed by the IS group.

US home sales fell again in April

Sales of existing homes in the United States slowed again in April, the National Association of Realtors (NAR) said Thursday, marking the second straight month of declines amid higher interest rates.. Total existing home sales fell by 3.4 percent month-on month to a seasonally adjusted annual rate of 4.28 million in April.

Walmart lifts forecast as it wins US grocery consumers due to inflation

Walmart raised its full-year profit forecast on Thursday following strong sales growth in the United States fueled by gains in grocery and other household staples.. The giant US retailer, which has been seen as a winner in a period of consumer inflation pressure because of its ability to keep prices lower through economies of scale, pointed to gains in grocery market share in the United States with higher-income households.

Brazil clean electricity hits decade high

Brazil burned fossil fuels for electricity at the lowest level in more than a decade in February, thanks to booming use of wind and solar power, said a study published Thursday.. Latin America's biggest economy, whose grid is mainly powered by hydroelectric dams, got just 4.9 percent of its electricity from fossil fuels in February, the first time the monthly figure has fallen below five percent since July 2012, according to British clean-energy research group Ember.

Energy firm warns S.Africa to brace for 'difficult winter'

South Africa's struggling state-owned power firm Eskom on Thursday forecast a difficult winter with demand set to rise in the continent's most industrialised but energy-starved country.. South Africa's power crisis has deepened over the past year.

UK airline easyJet cuts losses on strong demand

British airline easyJet said Thursday it had slashed first-half net losses on strengthening demand from holidaymakers as the aviation sector recovers from Covid.. That compared with a loss of £431 million in the same period a year earlier, when the sector was hobbled by staff shortages as demand rebounded after the lifting of Covid restrictions.

Walmart lifts forecast as it wins US grocery consumers due to inflation

Walmart raised its full-year profit forecast on Thursday following strong sales growth in the United States fueled by gains in grocery and other household staples.. The giant US retailer, which has been seen as a winner in a period of consumer inflation pressure because of its ability to keep prices lower through economies of scale, pointed to gains in grocery market share in the United States with higher-income households.

Crippled economy fuels former Pakistan PM Khan's protests

The tumultuous campaign by Imran Khan, Pakistan's most popular politician, to reclaim power has been driven by an economic crisis that ordinary people say has left them unable to feed their families.. "The system is leaving tens of millions of people behind," said economic analyst Khurram Husain.

S.Africa's blackouts force solar-powered town to life in the dark

A South African town has been left fuming after a legal battle with a state-owned power utility forced its solar plant to dump desperately needed electricity in a country suffering a record energy crisis.. - Solar farm - Africa's most industrialised country has been battered by record blackouts over the past year due to shortfalls in generation at Eskom's coal-powered plants.

Raw deal: English consumers stuck with sewage cleanup bill

England's privatised water companies  pledged Thursday to make massive investments to stop raw sewage being pumped into waterways as concerns mount about water quality and laxer environmental protections post-Brexit.. Last month the UK government announced its latest plan to better protect England's water supplies, promising more investment from water companies, alongside stronger regulation and tougher fines for polluters.