Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: franperez66q@protonmail.com
The Indian government has warned of action against two of Meta’s three major platforms, WhatsApp and Instagram, within a week, underscoring the growing regulatory risks the U.S. social media giant faces in a key market.On Saturday, India’s Ministry of Electronics and Information Technology issued a “stern notice to Meta over the presence of Child Sexual Exploitative & Abuse Material (CSEAM) in paid advertisements on Instagram,” according to a report by Indian state broadcaster DD News.The government has directed Instagram to “immediately disable all advertisements and content that promote” child abuse and has sought a detailed explanation from Meta within seven…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers moved to rethink a ban on biofuels for aeroplanes weeks after UK civil servants responsible for the policy were taken on a lobbying tour of America’s Corn Belt, according to documents obtained under freedom of information rules.The revelation raises concerns that US commercial pressure could weaken Britain’s efforts to reduce carbon emissions while boosting US farmers at the expense of UK fuel producers.The UK decided in 2024 to exclude biofuels — fuels made from crops — from its quotas for sustainable…
Lockheed Martin Corp. signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty ImagesDefense heavyweight Lockheed Martin is leading the race to buy naval defense group Ultra Maritime, CNBC has learned. The deal to acquire Ultra is roughly $3.5 billion, and Guggenheim and JPMorgan are advising on the sell side, according to sources close to CNBC. Ultra is owned by private equity firm Advent International, and specializes in anti-submarine technology. The company makes radar and electronic warfare systems, as well as torpedo defense countermeasures.…
Mizuho Names Top Picks Across Americas Oil, Gas and Utilities Source link
Goldman Sachs has turned more bearish on the Japanese yen, saying that the currency is likely to weaken further against the U.S. dollar and a Japanese market intervention to support the currency will only have a temporary impact. The Wall Street bank raised its forecasts for the dollar-yen exchange rate to 162 in three months, 163 in six months and 165 in 12 months, from its earlier projections of 160, 158 and 155, respectively. That forecast comes as the yen fell to its weakest level against the dollar in four decades last week , keeping Japan’s Ministry of Finance focused…
Samsung likely to post 18-fold jump in profit on surging AI demand for memory Source link
Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a Vera Rubin Ultra Kyber Compute Tray and a Vera Rubin Ultra Kyber NVLink MidPlane during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg | Bloomberg | Getty ImagesNVIDIA’s next marquee product — the Kyber rack-scale architecture designed to house its 2027 Rubin Ultra chips — has been delayed by more than 12 months to 2028, according to research firm SemiAnalysis, the latest in a string of reported setbacks raising questions about the AI giant’s product roadmap.Kyber is…
The U.S. dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal Reserve rate hike this year, while the yen remained pinned near a 40-year low, keeping investors nervous about what Tokyo might do next.Richard A. Brooks | Afp | Getty ImagesThe U.S. dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal Reserve rate hike this year, while the yen remained pinned near a 40-year low, keeping investors nervous about what Tokyo might do next.The euro was at $1.1435, not far from its strongest level in two weeks, while sterling last bought $1.3351.…
South Korea’s Lee urges speed in launching mega chip projects Source link
Police leadership is not consistently of a high enough standard and requires a fundamental overhaul, a landmark independent review has warned.The report by the Police Leadership Commission, published on Monday, found the system for identifying and developing leaders was too weak, with chief constable roles in England and Wales often attracting a single suitable candidate.It also pointed to low morale and motivation within the service, recommending reformed recruitment and promotion processes.Policing minister Sarah Jones said the recommendations would shape the government’s “programme of police reform to strengthen leadership, raise standards and restore confidence in policing”.Speaking ahead of its publication, co-author…