By David Randall and Dhara Ranasinghe NEW YORK A full, lengthy shutdown of the U.S. government is "likely"

By Fransiska Nangoy and Bernadette Christina JAKARTA Indonesia's central bank kept interest rates unchanged on Thursday, as expected,

Federal land managers have pulled the plug on a Canadian mining company’s lithium exploration project near a national wildlife refuge in southern Nevada

New Jersey is now the only state in America where it's illegal for drivers to pump their own gas.

U.S. Rep. James E

Ukraine President Volodymyr Zelenskyy claims that recent Ukrainian attacks have denied the Russian fleet safe bases and secure maritime corridors in the western part of the Black Sea

In January, it hacked the UK’s Royal Mail and halted international mail shipments. Less than a month later,

On Saturday (July 15), Elon Musk revealed that Twitter is struggling with a “heavy debt load” due to advertising revenue dropping 50 per cent. Responding to a user seemingly giving financial business advice to Musk, the billionaire replied explaining that the company is “still in negative cash flow, due to ~50 per cent drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.” Back in April, Musk had said Twitter was “roughly breaking even,” as most of its advertisers had returned. However, a New York Times report in early June found that Twitter’s revenue from US advertising was down 59 per cent from the previous year. Since taking over Twitter in October last year, Musk has faced constant scrutiny for his business decisions, cutting roughly 75 per cent of its workforce almost immediately, as well as reinstating users who were previously banned for breaking terms of service. Sign up to our free Indy100 weekly newsletter In May, Musk hired a new CEO, Linda Yaccarino, an ex-NBCUniversal advertising executive. The new hire was supposed to signal a fresh start for the platform under Musk’s ownership, but it clearly hasn’t worked in bringing previous advertisers back. Twitter has also caused new upset by imposing ‘rate limits’ on how many tweets users can view a day. At the time, Musk had said the restrictions were required to “address extreme levels of data scraping & system manipulation”. Another challenge that faces Twitter is Meta’s Threads, the new app it launched this week to compete with Twitter. Meta saw over 100 million users sign up in the first two weeks, but is yet to allow advertisers to host on the platform, despite interest. In response, Twitter threatened legal action, with Twitter’s attorney, Alex Spiro, accusing Meta for unlawfully using trade secrets and other intellectual property to create a “copycat” app. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

By Chavi Mehta IT software and consultancy services provider IBM reported third-quarter revenue and profit above Wall Street

HAMILTON, Bermuda--(BUSINESS WIRE)--Jul 19, 2023--

A "debris field" has been discovered by an underwater robot searching near the wreck of the Titanic for a missing submersible with five people...

Prime Minister Rishi Sunak faced months of right-wing pressure to take more risks to rescue his flailing Conservative