Australia unveiled a draft law Friday to force Google and Facebook to pay news media for their content in a “world-leading” initiative sure to prompt a confrontation with the digital giants. SYDNEY: Australia unveiled a draft law Friday (Jul 31) to force Google and Facebook to pay news media for […]
Year: 2020
REUTERS: Warren Buffett’s Berkshire Hathaway Inc said on Thursday (Jul 30) it has bought another US$522 million of stock in Bank of America Corp , boosting its already large stake in the second-largest US bank by assets. Berkshire bought about 21.2 million Bank of America shares from Jul 28 to […]
SEOUL: North Korea’s sanctions-hit economy defied the impact of international restrictions to grow for the first time in three years in 2019, the South’s central bank said Friday (Jul 31). Nuclear-armed Pyongyang is highly secretive and refuses to publish growth statistics of its own, leaving outsiders reliant on estimates drawn […]
THE HAGUE: Dutch airline KLM said Friday (Jul 31) it would shed up to 5,000 jobs due to a “crisis of unprecedented magnitude” caused by the coronavirus pandemic. The carrier, part of the Air France KLM group, said the cuts through the end of 2021 were necessary as it had […]
SINGAPORE: Initial investigations show that is “unlikely” that a traveller from New Zealand who had transited in Singapore en route to South Korea was infected with COVID-19 during his stopover, Singapore authorities said on Friday (Jul 31). The Ministry of Health (MOH) and Civil Aviation Authority of Singapore (CAAS) said: […]
Google’s ad sales have recovered since plummeting in March during the coronavirus pandemic, parent Alphabet Inc said on Thursday, easing concerns about its first quarterly sales slide in its 16 years as a public company. OAKLAND, Calif./BENGALURU: Google’s ad sales have recovered since plummeting in March during the coronavirus pandemic, […]
MANILA: Philippine President Rodrigo Duterte on Friday (Jul 31) extended COVID-19 restrictions in the capital of Manila until mid-August and said the country would be given priority by China if supplies of a vaccine became available. The Philippines this month recorded Southeast Asia’s biggest daily jump in coronavirus deaths and […]
ORLANDO: Players and coaches took a knee during the US national anthem as the NBA season restarted at Disney World in Florida on Thursday (Jul 30). Players from the Utah Jazz and New Orleans Pelicans wearing t-shirts bearing the slogan “Black Lives Matter” kneeled in unison just before tip-off as […]
Twitter Inc, whose internal systems were breached about two weeks ago, said on Thursday the incident targeted a small number of employees through a phone “spear-phishing” attack. REUTERS: Twitter Inc, whose internal systems were breached about two weeks ago, said on Thursday the incident targeted a small number of employees […]
SEOUL: South Korea’s factory production jumped at the fastest rate in more than 11 years in June and much quicker than expected, data showed on Friday (Jul 31), adding to hopes that the worst of the COVID-19 impact has passed. Industrial production rose by a seasonally adjusted 7.2 per cent […]