List of All Articles with Tag 'c'

French lawmakers are seeking to extend windfall taxes on the profits of oil refiners and utilities into next

SHANGHAI/SINGAPORE China's central bank is expected to keep borrowing costs unchanged but ramp up liquidity support when it

A handful of European companies have stepped away from their plans to sell junk debt recently, underscoring the

LONDON Geopolitics are at the forefront of everyone's minds after war broke out between Israel and Palestinian militant

The EU has launched an investigation into Elon Musk’s X – formerly known as Twitter — over its alleged spreading of disinformation, “in particular the spreading of terrorist and violent content and hate speech” over the recent Hamas attack on Israel. It will be the first inquiry conducted in relation to the European Union’s recently implemented tech regulations and will also scrutinise the procedures at X for managing complaints. Earlier, X announced that it removed numerous accounts associated with Hamas from its platform. In a statement on Thursday, the EU said that “the European Commission services sent to X a formal request for information under the Digital Services Act (DSA)”. “This request follows indications received by the Commission services of the alleged spreading of illegal content and disinformation, in particular the spreading of terrorist and violent content and hate speech. The request addresses compliance with other provisions of the DSA as well.” The EU’s industry chief Thierry Breton clashed online with Mr Musk after telling him in a letter that “violent and terrorist content” had not been taken down from X despite warnings. Mr Breton refrained from giving more specific details about the disinformation mentioned in the letter. However, he noted that instances of “fake and manipulated images and facts” were widely documented on the social media platform. Mr Musk hit back on X saying: “Our policy is that everything is open and transparent, an approach that I know the EU supports. Please list the violations you allude to on X, so that the public can see them.” TikTok and Meta have also received warnings from the European Union for their alleged failures in addressing disinformation on their social media platforms. The EU is requesting that X provide information related to its investigation by 18 October. Mr Breton had initially written that Mr Musk should respond within 24 hours. Mr Breton also reminded Mr Musk that the DSA “sets very precise obligations regarding content moderation,” and that X needs “to be very transparent and clear on what content is permitted under your terms and consistently and diligently enforce your own policies”. He added that he expects X “to be in contact with the relevant law enforcement authorities and Europol, and ensure that you respond promptly to their requests”. “I remind you that following the opening of a potential investigation and a finding of non-compliance, penalties can be imposed,” Mr Breton wrote. Linda Yaccarino, CEO of X, announced on Thursday that the platform had taken action to remove hundreds of Hamas-affiliated accounts and had also initiated steps to either remove or label tens of thousands of pieces of content since the attack that occurred on Saturday. Read More Israel-Hamas war live: UN alarmed by north Gaza evacuation order as IDF ‘fires white phosphorus on Strip’ Hamas’s hostages: What to know about Israelis abducted by the militant group France has banned pro-Palestinian protests and vowed to protect Jews from resurgent antisemitism EU asks Elon Musk to ‘walk the talk’ on X/Twitter disinformation over Hamas attack Viral WhatsApp warning of cyberattack targeting Jewish people is fake Microsoft revised deal to buy Call of Duty maker Activision cleared by watchdog

Australia's ANZ Group acknowledged a Federal Court decision that said the bank should have advised the market of

Microsoft has been given approval to buy Call of Duty developer Activision, clearing the way for one of the biggest ever tech deals. The Competition and Markets Authority (CMA) said the Xbox owner could go ahead with the takeover after agreeing to buy Activision without cloud gaming rights. It puts an end to a half-year long battle between the watchdog and Microsoft, having moved to block the deal in April. But businesses and their advisors should be in no doubt that the tactics employed by Microsoft are no way to engage with the CMA Sarah Cardell, CMA's chief executive The new deal, which was initially worth 69 billion US dollars (£56.6 billion at the current exchange rate), will stop Microsoft from having a “stranglehold” over the UK cloud gaming market, the CMA said. The regulator said it would preserve competitive prices for gamers and make sure consumers get more choice. Assassin’s Creed video game maker Ubisoft is set to buy Activision’s cloud gaming rights instead. But the CMA criticised Microsoft for “dragging out” proceedings during its investigation into the merger. Sarah Cardell, the CMA’s chief executive, said: “With the sale of Activision’s cloud streaming rights to Ubisoft, we’ve made sure Microsoft can’t have a stranglehold over this important and rapidly developing market. “But businesses and their advisors should be in no doubt that the tactics employed by Microsoft are no way to engage with the CMA. “Microsoft had the chance to restructure during our initial investigation but instead continued to insist on a package of measures that we told them simply wouldn’t work. “Dragging out proceedings in this way only wastes time and money.” Brad Smith, the president of Microsoft, said the group is “grateful” for the decision to approve the acquisition which he believes will “benefit players and the gaming industry worldwide”. Additional reporting by agencies Read More Incels using TikTok to spread ‘hateful beliefs’, research suggests Duke and Duchess of Sussex call for overhaul of social media Google to trial AI in UK traffic light systems to reduce stop-and-go emissions Broadband customers face £150 hikes because of ‘outrageous’ rises – Which? Rise of AI chatbots ‘worrying’ after man urged to kill Queen, psychologist warns William hails ‘amazing’ eco-friendly start-up businesses

Sweden’s core inflation rate declined less than expected in September, adding to arguments in favor of a final

Japan’s life insurers are expected to flag further selling of foreign bonds including Treasuries when they start outlining

Russia’s assault on the town of Avdiivka in the eastern Donetsk region has been repelled so far, with

Steps have no plans to work together again until their 30th anniversary in four years time.

Director Baz Luhrmann has expanded his movie epic Australia into a six-part TV series TV series using unseen footage rescued from the cutting room floor