Business & Finances

Australian authorities has commenced civil penalty proceedings against X while the company is applying for a judicial review of the fine. Read More.

The U.S. Federal Communications Commission (FCC) has joined a growing list of federal agencies engaging in the “regulatory harassment” of businessman Elon Musk, according to a senior Republican with the agency. FCC Commissioner Brendan Carr made the claim in a dissenting statement published on Dec. 12 after the FCC reaffirmed a previous decision not to […] Read More.

Apple has released a new update to its iPhone operating system aimed at protecting users from password theft if devices are stolen. The new “Stolen Device Protection” feature was released in the beta version of iOS 17.3 on Dec. 12, meaning it is available for developers to download. The opt-in feature effectively adds a second […] Read More.

LONDON/TOKYO—The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the Federal Reserve will soon be cutting interest rates, while bitcoin breached $41,000 for the first time since early 2022. The euro was last down 0.1 percent at $1.0876, while the dollar index, which tracks the currency […] Read More.

HONG KONG—World shares were mixed on Friday after Wall Street closed out its best month of the year with big gains in November. Germany’s DAX rose 0.6 percent to 16,309.89 and the CAC 40 in Paris added 0.5 percent to $7,348.88. Britain’s FTSE 100 was up 0.8 percent at 7,512.94. The future for the S&P […] Read More.

“Language being proposed as law in Ireland means this could literally happen to you for having a meme on your phone.” Read More.

Amazon plans to train and educate millions of people across the globe on artificial intelligence (AI) for free, the company announced on Nov. 20. The tech giant plans to offer the free training amid what it says is a growing need for an AI-savvy workforce, according to a press release. The company cited a recent study […] Read More.

Microsoft CEO Satya Nadella has announced that Sam Altman will be joining his company. Read More.

LONDON—The dollar edged up on Wednesday after its biggest drop in a year the day before when cooler U.S. inflation data added to investor conviction that the Federal Reserve may not raise rates again, while the pound fell after slower UK inflation figures. Tuesday’s steep drop in the dollar was sparked by data showing U.S. […] Read More.