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Topic: Politics (3212)

Cybereason CEO Quits After Boardroom Turmoil Δ1.55

Cybereason Inc.'s chief executive Eric Gan has resigned following a months-long feud with investors SoftBank Group Corp. and former US Treasury Secretary Steven Mnuchin that stalled decision-making at the cash-strapped startup. The dispute centers on how to structure fundraising in a way that doesn't disadvantage minority shareholders, employees, and customers. Gan's resignation comes amid ongoing financial struggles for the cybersecurity company.

Under the Hood of Data Sovereignty Δ1.58

Organizations are increasingly grappling with the complexities of data sovereignty as they transition to cloud computing, facing challenges related to compliance with varying international laws and the need for robust cybersecurity measures. Key issues include the classification of sensitive data and the necessity for effective encryption and key management strategies to maintain control over data access. As technological advancements like quantum computing and next-generation mobile connectivity emerge, businesses must adapt their data sovereignty practices to mitigate risks while ensuring compliance and security.

Exclusive: Canada and US Offered Uyghurs in Thailand Asylum Before Deportation to China, Sources Say Δ1.57

Canada and the United States offered to resettle 48 ethnic Uyghurs held in detention in Thailand over the past decade, but Bangkok took no action for fear of upsetting China. The group was covertly deported to China despite calls from United Nations human rights experts, who warned they would be at risk of torture, ill-treatment, and "irreparable harm." Thailand's decision has drawn widespread condemnation from human rights groups.

Foxconn Says February Revenue Rose 56.43% Year Over Year Δ1.52

Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Wednesday that its February revenue jumped 56.43% year on year. The company has seen significant growth in recent months due to increased demand for electronic components. This surge is largely attributed to the ongoing global semiconductor shortage, which has driven up prices of essential materials.

Oil Settles Down More Than 2% After US Crude Stocks Build, OPEC+ Hike, US Tariffs Δ1.61

Oil prices have experienced a decline for the fourth consecutive session, influenced by a larger-than-expected build in U.S. crude stockpiles and concerns over OPEC+'s decision to increase output. Brent crude settled at $69.30 per barrel, while U.S. West Texas Intermediate dropped to $66.31, both touching multi-year lows earlier in the session. The combined impact of rising inventories and U.S. tariffs on Canada, China, and Mexico has heightened fears of a slowdown in energy demand.

ASML's Annual Report Says Export Curb Worries Hit Customer Spending in 2024 Δ1.51

ASML, the computer chip equipment maker, reported that uncertainty over export controls had weakened customer demand in 2024, with macroeconomic uncertainty including technological sovereignty and export controls leading customers to remain cautious and control capital expenditure. The company faces ongoing risk from increasingly complex restrictions and possible countermeasures as it tries to navigate China's tightening export curbs. Despite this, ASML repeated its 2025 sales forecasts of 30-35 billion euros, which include the AI boom boosting demand for its EUV lithography systems.

Whisper It and It's Back: Recession Risk Creeps Onto Markets' Radar Δ1.56

Global growth concerns have resurfaced in financial markets, driven by weakening U.S. economic indicators and escalating trade tensions that have dampened consumer and business confidence. While economists do not currently predict a recession, the recent downturn in consumer sentiment and U.S. manufacturing activity has led investors to adopt a more cautious stance, resulting in reduced equity exposure amid fears of slowing growth. As hedge funds shift their strategies and central banks face pressure to adjust interest rates, the outlook for the U.S. economy becomes increasingly uncertain.

Best iPhone 16 Pro Max Plans in Australia (March 2025) Δ1.52

The iPhone 16 Pro Max, Apple’s largest and most powerful smartphone to date, features a massive 6.9-inch display, making it ideal for streaming, gaming, and productivity. Consumers are encouraged to consider long-term payment plans from major carriers like Vodafone, Telstra, and Optus, particularly with Vodafone currently offering enticing discounts and added benefits. This latest model retains its predecessor's core specifications while introducing a new Camera Control button, enhancing usability for photography enthusiasts.

China Ramps Up Stimulus to Guard Economy From Changes 'Unseen in a Century' Δ1.63

China has introduced additional fiscal stimulus measures aimed at bolstering consumption and mitigating the adverse effects of an escalating trade war with the United States, with a growth target set at around 5%. Premier Li Qiang highlighted the urgency of addressing the "unseen" global changes and the impact on China's trade, technology, and household demand, emphasizing the need for a shift from an export-driven model to one that prioritizes internal consumption. Despite increased government spending plans, analysts express skepticism about the effectiveness of these measures in generating significant consumer demand.

Europe Will Struggle To Slip US Economic Chokehold Δ1.67

The United States has developed a highly skilled ability to wage economic warfare, using financial and technological dominance as potent foreign-policy weapons, with low-profile officials playing key roles. European leaders worry that Donald Trump's return to the White House may turn his fire on erstwhile allies, leaving little they can do but threaten escalation. The US has weaponised chokepoints in the global economy, rolling out sanctions after major events such as the 9/11 attacks and punishing countries like Russia and China for circumventing sanctions.

China Prioritises Consumer Spending Ahead of Technology as Economic Worries Weigh Δ1.57

China is shifting its focus to boosting consumption in 2025, promising a special action plan to stimulate domestic demand and meet its 5% growth target. The country's household spending remains less than 40% of annual economic output, significantly lower than the global average. Beijing aims to support big-ticket consumer items through an expanded trade-in scheme and issue ultra-long special treasury bonds.

Trump's Domestic Agenda Takes Center Stage Δ1.68

The opening weeks of President Donald Trump's presidency have been dominated by domestic policy, with a focus on tax cuts and border control. Despite promises of " America First" foreign policy, the speech largely sidestepped international issues. The administration's approach to addressing domestic concerns will likely be shaped by congressional approval of major legislative initiatives.

Trump Says He Is 'Just Getting Started' In Speech to US Congress Δ1.65

The US president celebrated his whirlwind agenda, touted executive orders, and vowed to press on with reforms in primetime address. Trump said "many" believed his presidency was the most successful start in US history, noting a change in national mood toward "pride" and "confidence". He compared himself to George Washington and boasted about his electoral victory. The president's speech highlighted his use of executive orders and tax cuts as key drivers of his agenda.

Taiwan Turns to Companies in Ukraine for China Contingency Planning Δ1.58

Taiwan is learning from companies in Ukraine that continue to provide critical services during wartime, including Uber and Microsoft, as it speeds up contingency planning amid heightened Chinese threats. The island is taking inspirations from Ukraine's experiences on incorporating supermarkets into the government's supply distribution network and utilizing taxi services for medical emergencies. Taiwan is revamping its air-raid alert and shelter systems, taking into account lessons from northern European countries and Baltic states.

Tesla, Inc. (TSLA) Among the Best Stocks To Invest In According to Billionaires Δ1.55

Tesla, Inc. (NASDAQ:TSLA) stands out among other stocks as a top investment choice according to billionaires and top hedge fund managers, who have invested large sums in leading companies with strong track records. The company's exceptional performance has caught the attention of investors, including billionaire investor Warren Buffett, who sold a record $134 billion of net stock in 2024. However, this move has raised concerns about potential market underperformance in 2025.

Trump Makes 13-Year-Old Cancer Survivor a Secret Service Agent During Speech to Congress Δ1.56

President Donald Trump used his address to a joint session of Congress on Tuesday to unveil a new member of the U.S. Secret Service -- a 13-year-old brain cancer survivor named DJ. The boy, DJ Daniel, was diagnosed with brain cancer in 2018 and given only five months to live, but he has defied the odds and become an honorary law enforcement officer multiple times. Trump's surprise announcement raised questions about the implications of granting such a high-profile honor to a minor and the potential consequences for the Secret Service.

Tariffs for USMCA-Compliant Products Under Review in Trump Administration Δ1.62

The Trump administration is considering granting relief from its 25% tariffs on Canadian and Mexican imports to products that comply with the trade pact negotiated by President Donald Trump. This move could significantly benefit Detroit automakers, such as Ford, General Motors, and Stellantis, which have been pressing for exemptions from the tariffs. The exemption would also impact foreign brand automakers with large U.S. production footprints.

Investors React to Trump's Address to Congress Δ1.65

U.S. President Donald Trump's address to Congress highlighted his administration's agenda, including tax cuts and future tariffs, amid vocal protests from Democratic lawmakers. Market reactions were muted, with slight gains in S&P 500 stock futures, reflecting a cautious investor sentiment that remained largely unchanged despite the president's assertive rhetoric. Analysts noted that while the speech did not introduce unexpected elements, ongoing tariff policies could continue to create volatility in the markets.

Trump to Create Office of Shipbuilding, Offer Tax Incentives Δ1.66

The Trump administration is taking steps to revive U.S. shipbuilding by creating an office of shipbuilding in the White House and offering new tax incentives for the sector. The move comes amid growing concerns about China's dominance of the global maritime industry and the need to support American shipbuilding. By reviving the industry, the U.S. aims to reduce its reliance on foreign countries for naval vessels.

China to Accelerate Annual Stockpiling of Strategic Commodities Δ1.56

China said on Wednesday it would accelerate the annual stockpiling of strategic fuels, food and other commodities. In a report on Wednesday, China's state planner said it would steadily advance the construction of storage facilities for grain, petroleum and other commodities. The move aims to bolster the country's energy security and food supplies amid rising global tensions.

Trump Says He Received Letter From Zelenskiy Saying Ukraine Ready for Dialogue Δ1.62

U.S. President Donald Trump announced that he received a letter from Ukrainian President Volodymyr Zelenskiy, in which the Ukrainian leader expressed willingness to engage in negotiations over the Russia-Ukraine war, with Zelenskiy stating that "nobody wants peace more than the Ukrainians." This comes after talks between the two leaders at the White House broke down due to acrimonious exchanges. The letter was seen as a positive development in the conflict, but its implications remain uncertain.

Democrats Protest Trump's Speech to Congress with Disruption, Exits and Solemn Signs Δ1.67

During President Donald Trump's address to Congress, Democrats voiced their dissent through various protests, including turning their backs, holding signs, and in one instance, a lawmaker being removed for shouting. Representative Al Green's interruption highlighted the discontent surrounding potential cuts to Medicaid and other social programs, as Republicans attempt to pass a spending bill aligned with Trump's tax cut ambitions. The event underscored the stark partisan divide as many Democrats left the chamber, while Republicans applauded Trump's speech, reinforcing the ongoing conflict over the administration's policies.

Trump Backs Latest Canada, Mexico Tariffs and Prepares Markets for 'a Little Disturbance' Δ1.65

Donald Trump has stood behind his ambitious tariff plans, defended the implementation of new tariffs on America's top three trading partners, and acknowledged potential economic discomfort as a necessary step to achieve his goals. The president's address to Congress was marked by culture war standoffs and an effort to reassure investors despite two days of stock market losses. However, the speech did little to calm uneasy markets this week.

HTC VIVE Champions the Future of Spatial Computing with AI Innovations Δ1.50

HTC VIVE is making significant strides in spatial computing by unveiling new AI-driven tools aimed at enhancing virtual production and enterprise applications, while distancing itself from the now-defunct HoloLens. The updated VIVERSE platform empowers users to create interactive virtual environments effortlessly, reflecting a commitment to democratizing access to advanced technology. Additionally, HTC is exploring portable 6G networks in collaboration with MediaTek and Intel, which could revolutionize network performance for AI applications and industrial automation.

Trump Pulls Back on Tariffs, Wall Street Rebounds Δ1.62

U.S. stocks climbed Wednesday after President Donald Trump pulled back on some of his tariffs temporarily, reviving hope that a worst-case trade war may be avoided. The move helped the S&P 500 rise 1.1%, while the Dow Jones Industrial Average climbed 485 points and the Nasdaq composite gained 1.5%. However, concerns remain about the potential economic impact of tariffs on U.S. households and businesses.

China Monitored Philippine Supply Run to Grounded Warship on Disputed Shoal Δ1.54

China monitored a Philippine civilian boat delivering daily provisions to the "illegally grounded" warship at the disputed Second Thomas Shoal on Tuesday, marking a resumption of tensions in the region. The move by China's coast guard signals a lack of progress in the countries' efforts to manage maritime disputes through cooperation and diplomacy. The Philippines has maintained its presence at the shoal, despite calls from China for it to leave.

U.S. Government Data Quality Under Threat Δ1.63

The Trump administration's decision to disband two expert panels on economic data has raised concerns about the quality of statistical information produced by federal agencies, potentially hindering the government's ability to accurately assess the nation's economic performance. The Federal Economic Statistics Advisory Committee and the Bureau of Economic Analysis Advisory Committee had been instrumental in providing expert guidance and advice on economic data, but their disbandment may lead to a decline in data accuracy and reliability. This could have far-reaching consequences for policymakers seeking to inform their decisions with reliable data.

China Maintains Defence Spending Increase at 7.2% Amid Roiling Geopolitical Tensions Δ1.56

China will boost its defence spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion amid mounting geopolitical challenges from Taiwan to Ukraine. The increase is well above China's economic growth target for this year and reflects Beijing's ambitions for continued military modernisation amid roiling geopolitical challenges. This year's report stresses the importance of combat readiness and scientific and strategic improvements, while also pledging to "continue improving the political conduct of the military".

China Will Work to Firmly Advance 'Reunification' With Taiwan, Premier Says Δ1.57

Chinese Premier Li Qiang has reiterated China's commitment to "firmly advance" reunification with Taiwan, opposing any external interference while appealing to the Taiwanese people as "fellow Chinese." The language used in this year's report marks a shift from previous statements, dropping the emphasis on "peaceful" reunification, reflecting China's increasing military pressure on the self-governing island. As tensions escalate, China's stance on Taiwan continues to prioritize economic relations, indicating that while reunification remains a key agenda, it may not be the primary focus amid broader geopolitical challenges.

Marvel Returns to Form with Daredevil: Born Again Δ1.50

Daredevil: Born Again proves Marvel is at its best when it isn't scared to take big, bold swings. The two-episode premiere is a courageous and devilish start for the Man Without Fear's return on the small screen, equal parts legal drama, character study, and superhero series that seamlessly fits into the MCU. With its unflinching storytelling and continued exploration of Matt Murdock's moral compass, Born Again honors what came before while driving his story forward in unexpected ways.

RANCOR IN WASHINGTON: President Defends Agenda Amid Partisan Fury Δ1.69

The president's address to Congress has been marked by intense partisan rancor, with critics accusing him of divisive rhetoric and Republicans praising his leadership style. The speech, which lasted over an hour, marked a significant departure from previous addresses, as the president took direct aim at his opponents in both parties. The tone was set early on, with the president declaring that "our democracy is under attack."

China to Boost Support for AI, Science and Tech Innovation Δ1.56

China said on Wednesday it would boost support for the application of artificial intelligence (AI) models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant. The country aims to create an enabling environment for innovation that encourages exploration and tolerates failure. To achieve this, China plans to explore new models for national laboratories and give strong support to young scientists and engineers.

Stocks Climb as Trump to Delay Some Auto Tariffs; Euro Up Δ1.65

U.S. stock indexes experienced a notable increase following President Donald Trump's announcement to temporarily exempt automakers from a 25% tariff on imports from Canada and Mexico. The decision contributed to a decline in the U.S. dollar while the euro reached its highest level in four months, buoyed by significant infrastructure funding in Germany. Despite this positive market response, concerns linger regarding the administration's inconsistent messaging and the potential impact of ongoing trade tensions.

Simplifying Beta Testing for the Masses Δ1.53

Sony now pools all beta programs on one website to simplify participation. Those wanting to try out new PS5 and PC games, PlayStation app features and PlayStation 5 firmware updates in advance are advised to try out the new PS5 beta program, which gives much easier access to all beta programs. Sony has announced a new beta program for the PlayStation 5 on the PlayStation Blog, which is intended to consolidate all future beta programs.

Xiaomi: Software Update Adds New Features to Affordable Smartphone Δ1.52

Xiaomi's Poco F6 is receiving an extensive software update globally, enhancing user experience with improvements to animations and new functionalities. The update, which is being rolled out gradually, allows users to adjust flashlight brightness and offers a new app arrangement option in a 4 x 6 grid. User feedback indicates that the update significantly enhances the smartphone’s performance, particularly in terms of smoothness and responsiveness.

Samsung Galaxy S25 Ultra Launches in Exclusive "John Wick" Special Edition Δ1.51

The Samsung Galaxy S25 Ultra "Viper" is a one-off, i.e., limited to just one piece, featuring John Wick's gun on its back. The exclusive flagship boasts high-quality materials and a robust feature set, unchanged from the standard Galaxy S25 Ultra. Samsung has opted for an exclusive release strategy, prioritizing unique design over mass production.

The Business Sector Is Facing an "AI Divide" - Which Could Be the Difference Between Success and Failure Δ1.54

A new Microsoft study warns that businesses in the UK are at risk of failing to grow if they do not adapt to the possibilities and potential benefits offered by AI tools, with those who fail to engage or prepare potentially majorly losing out. The report predicts a widening gap in efficiency and productivity between workers who use AI and those who do not, which could have significant implications for business success. Businesses that fail to address the "AI Divide" may struggle to remain competitive in the long term.

Walgreens Acquisition Could Spark Consolidation in Healthcare Industry Δ1.54

Sycamore Partners' potential buyout of Walgreens Boots Alliance Inc. could lead to a significant shift in the pharmacy retailer's business segments, potentially sparking consolidation in the healthcare industry as private credit lenders and banks vie for financing opportunities. The acquisition plans involve splitting up Walgreens into separate businesses, which could impact the company's operational capacity and strategic direction. Private equity firms have a history of restructuring companies through acquisitions.

Eerily Realistic AI Voice Demo Sparks Amazement and Discomfort Online Δ1.50

The new AI voice model from Sesame has left many users both fascinated and unnerved, featuring uncanny imperfections that can lead to emotional connections. The company's goal is to achieve "voice presence" by creating conversational partners that engage in genuine dialogue, building confidence and trust over time. However, the model's ability to mimic human emotions and speech patterns raises questions about its potential impact on user behavior.

Google Gemini Makes AI More Accessible on iPhone Lock Screens Δ1.50

Gemini, Google’s AI-powered chatbot, has introduced new lock screen widgets and shortcuts for Apple devices, making it easier to access the assistant even when your phone is locked. The six new lock screen widgets provide instant access to different Gemini functions, such as voice input, image recognition, and file analysis. This update aims to make Gemini feel more integrated into daily life on iPhone.

Hong Kong Billionaire to Sell Panama Canal Ports to US Firm Δ1.58

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of the major shipping route. The deal includes a total of 43 ports in 23 countries around the world, including the two canal terminals.

Best Buy Stock Plunges as the Chain Braces for Trump Tariff Impact Δ1.60

Best Buy's stock experienced a significant decline of 13% as investors reacted to the uncertainties surrounding new tariffs imposed on consumer electronics by the Trump administration. CEO Corie Barry highlighted that a substantial portion of the company's products are sourced from China and Mexico, making them particularly vulnerable to these tariffs, which could negatively impact sales growth. Despite a solid 2025 guidance excluding tariffs, the prevailing market anxiety reflects broader concerns over the potential effects of trade policies on retail performance.

Thales Warns Governments over Reliance on Starlink-Type Systems Δ1.57

Thales CEO Patrice Caine has highlighted the risks of relying too heavily on private satellite constellations, specifically Starlink, citing frequent renewal of satellites and questions over profitability. This warning comes as European governments increasingly turn to space-based services for government links, with many backing systems that are more directly controlled by the state. The reliance on outside services raises concerns about reliability, visibility, and stability.

Best Buy CEO: Trump Tariffs Will Lead to Price Increases Later This Year Δ1.56

Best Buy CEO Corie Barry has warned that the new tariffs imposed by President Trump on imports from Canada, China, and Mexico will likely result in price increases for consumers in the coming months. With 75% of its products sourced from these countries, the company anticipates that the effects of the tariffs will be felt more acutely in the second half of the year, despite previously positive sales performance. Barry emphasized the complexity of the supply chain and the uncertainty regarding how much prices will rise, highlighting the need for continued education on the tariff impacts.

The Impact of Trump's Tariffs on Mexico Industry Is Under Threat Δ1.61

The imposition of tariffs on Mexico by the US government threatens the free-trade system that the three countries have maintained for more than 30 years, sparking concerns among industry experts. The tariffs could disrupt supply chains and lead to price increases, ultimately affecting American consumers. Manufacturers in Mexico are also worried about their ability to adapt to the new trade regulations.

“Wooly Mice” A Test Run for Mammoth Gene Editing Δ1.51

The creation of wooly mice with long fur through simultaneous gene editing marks a significant milestone in the quest to bring back the woolly mammoth. This achievement focuses on the technical aspect of editing multiple genes at once, which is crucial for making significant changes to the elephant genome. The goal is to one day edit out the genetic traits that distinguish elephants from mammoths.

IRS Plans to Cut Up to Half of Workforce, AP Sources Say Δ1.59

The Internal Revenue Service is drafting plans to reduce its workforce by up to half through a combination of layoffs, attrition, and buyouts, according to two people familiar with the situation. This move is part of the Trump administration's efforts to shrink the size of the federal workforce through various measures. A significant reduction in force could render the IRS "dysfunctional," said John Koskinen, a former IRS commissioner.

The Amazing Race Returns with Season 37: How to Watch the New Series Online From Anywhere in the World Δ1.53

The Amazing Race is making a comeback with its 37th season, featuring 14 teams competing for a $1 million prize as they travel the globe, starting from Los Angeles and culminating in Miami. This season is being billed as the 'season of surprises,' with twists in each episode aimed at enhancing viewer engagement. Fans can watch the series online, with options like the free 7Plus streaming service available in Australia, and access through VPNs for international viewers.

The Impact of Trump's Tariffs on Canadian Public Opinion Δ1.59

Some say the US tariffs have unified their country, with others pledging to fully avoid American products. Trudeau has also announced that Canada will implement a 10% tariff on steel imports from the US and 5% on aluminum. This move marks a significant escalation in the ongoing trade tensions between the two nations.

Vaccine Misinformation Spreads Amid Texas Measles Outbreak Δ1.58

US Health Secretary Robert F. Kennedy Jr.'s equivocal response to the raging measles outbreak in West Texas, which has grown to 159 cases, with 22 hospitalizations and one child death, is sparking public health concerns about the misinformation being spread. The decision to vaccinate or not is "a personal one," Kennedy wrote, but his emphasis on nutrition and supplements as a way to combat the potentially deadly infection contradicts scientific evidence. While vaccines have been proven to be highly effective in preventing measles, some parents are instead turning to cod liver oil and vitamin A as an alternative treatment.