News
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World Bank warns recession risk rising amid higher interest rates
Inflation worldwide has been rising at the fastest pace seen in decades, due to supply constraints amid high demand as countries emerged from the pandemic, and exacerbated by the Russian invasion of Ukraine and Covid lockdowns in China
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Google, Meta face record fines in South Korea over privacy violations
Investigations into the two US tech giants found they had been "collecting and analysing" data on their users, and monitoring their use of websites and applications, the Personal Information Protection Commission said
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Patagonia billionaire founder gives away $3 billion company to save planet
Yvon Chouinard and his family transferred all of Patagonia's nonvoting shares to a nonprofit dedicated to fighting against climate change and for nature protection and conservation. Company profits will also be donated to the non-profit
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Ford unveils newest Mustang, extending gasoline-powered life
The boisterous launch was deemed a celebration of the 58-year-old model, and showcased the staying power of gasoline-powered vehicles at Ford
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TikTok search results rife with misinformation: Report
TikTok is serving up misinformation to users searching for news about politics, climate change, Covid-19, the war in Ukraine and more
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California sues Amazon for allegedly thwarting lower prices
Amazon pressures merchants not to list items at lower prices on other websites, which hurts sellers and consumers
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Starbucks to shift strategy to automation and expansion
Still, the coffee giant, which has been facing a wave of unionization efforts inside stores across the United States, was light on specifics around some of the concerns that have been raised by its employees, like scheduling
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Twitter 'chose to mislead' on security flaws: Whistleblower
Peiter Zatko, who was Twitter's top security official before he was fired in January, testified that the FBI had notified the company during his tenure that "there was at least one agent" of China's Ministry of State Security "on the payroll inside Twitter"
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Uber pays $100 million to New Jersey in driver status dispute
Uber paid the US state of New Jersey $100 million in back taxes and fines for labelling nearly 300,000 of its drivers as self-employed and withholding required benefits; however, this is only a fraction of the $1 billion initially demanded by the state
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Europe's battle with Big Tech: Billions in fines and tough laws
In the past few years, the EU has slapped eye-watering fines on Apple and Google in tax and competition cases, and drawn up a landmark law to curb the market dominance of Big Tech
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Inside King Charles III's billion-dollar investment portfolio
King Charles III built his own empire long before he inherited his mother's. Charles has spent half a century turning his royal estate into a billion-dollar portfolio and one of the most lucrative moneymakers in the royal family business