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Cambridge Analytica to close after Facebook data scandal

London, United Kingdom | AFP | Cambridge Analytica, the British marketing analytics firm, announced Wednesday that it was closing and would file for insolvency in Britain and the United States after failing to recover from the Facebook data scandal. The decision follows weeks of intense pressure on the company, hired …

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Macron says will scrap ‘exit tax’ on high-earners

Paris, France | AFP | French President Emmanuel Macron intends to scrap a 30 percent “exit tax” on top-earners who transfer their assets outside of France, in a bid to boost the attractiveness of the country for foreign investors. The levy was introduced in 2012 under former rightwing president Nicolas …

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Prince Harry, Meghan pick carriage for wedding procession

London, United Kingdom | AFP | Britain’s Prince Harry and Meghan Markle will ride in an open-top horse-drawn carriage through the streets of Windsor after their wedding later this month, Kensington Palace announced on Wednesday. The pair have chosen the Ascot Landau carriage for their procession through the town on …

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India’s Modi twice as popular on Facebook as Trump: study

Geneva, Switzerland | AFP | US President Donald Trump may rule the roost on Twitter, but he lags far behind Indian Prime Minister Narendra Modi on Facebook, according to a study published Wednesday. Modi is by far the most followed world leader on the gargantuan social networking platform, counting 43.2 …

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Trump says Kim summit details to be unveiled within days

Washington, United States | AFP | US President Donald Trump seemed pleased Tuesday by a suggestion he should get the Nobel Peace Prize for his upcoming summit with North Korean leader Kim Jong Un, promising that a time and place for the historic meeting will soon be announced. “Nobel Peace Prize? …

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Facebook messaging app adds real time translations

San José, United States | AFP | Facebook on Tuesday gave its popular Messenger app the ability to translate missives in real time, deploying artificial intelligence to enable text conversations between people using different languages. Messenger has become a tool for businesses to connect with customers, and the ability to converse …

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Informal sector eating up global workforce – UN study

Zurich, Switzerland | THE INDEPENDENT | More than 61 percent of the global workforce earns their livelihoods in the informal sector, with no social protection, rights at work and decent working conditions. Majority of these (85.8 percent) are in emerging and developing economies in Africa. The findings are revealed in …

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Maduro raises minimum wage again as Venezuela battles hyperinflation

Caracas, Venezuela | AFP | Venezuela’s President Nicolas Maduro announced Monday he was almost doubling the minimum wage in an effort to tackle the crisis-wracked Latin American country’s runaway inflation. Venezuela’s economic collapse ranks as one of the worst in modern history, with hyperinflation likely to see prices soaring 13,000 percent …

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