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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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? …
Read More »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 …
Read More »Japanese PM pledges not to move Israel embassy: Palestinian official media
Ramallah, Palestinian Territories | AFP | Japanese Prime Minister Shinzo Abe told Palestinian president Mahmud Abbas Tuesday his country would not move its Israeli embassy to Jerusalem, official media reported, two weeks before the United States completes its controversial relocation. Meeting in the Palestinian city of Ramallah, Abe told Abbas his …
Read More »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 …
Read More »UK MPs pressure Zuckerberg to testify on Facebook data breach
London, United Kingdom | AFP | British MPs threatened Tuesday to issue a formal summons to Facebook chief Mark Zuckerberg for him to testify over a major privacy row, after he declined to appear. Zuckerberg was grilled by the US Congress last month but sent one of his executives to …
Read More »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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