Category: Companies

YouTube Accused of Illegally Gathering Data on Children in Official Complaint by UK Parent

YouTube has been accused by a British parent of illegally gathering data on children under 13, which would be in breach of a UK data privacy code. Duncan McCann, who has three children, has lodged an official complaint with the Information Commissioner’s Office (ICO) in which he claims YouTube gathered data on children’s viewing habits….


Global Shares, Oil Advance as China Manufacturing Rebounds

TOKYO—Global shares were higher Wednesday after reports on key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year. France’s CAC 40 added 0.5 percent in early trading to 7,301.78. Germany’s DAX rose 0.5 percent to 15,422.23. Britain’s FTSE 100 rose 0.2 percent to 7,912.56. The future for the…


Twitter Launches ‘Zero Tolerance’ Policy on Threats of Violence With Exceptions for ‘Outrage’ and Satire

Twitter has rolled out a new policy aimed at tackling threats of violence on the platform, banning the incitement and glorification of violence or harm. The social media platform, headed by Elon Musk, announced the official launch of its “zero tolerance policy towards violent speech” on Feb. 28. “Twitter is a place where people can express…


Stellantis to Invest $155 Million in US to Produce New Electric Drive Modules

MILAN—Stellantis said on Tuesday it will invest a total of $155 million in three plants located in Kokomo, Indiana, to produce new electric drive modules (EDM) that will be fitted in electric vehicles which the carmaker will assemble in North America. Production is expected to start in the third quarter of 2024, following retooling, the…


Apple Pays $12.1 Million Fine for Alleged App Market Abuse in Russia: Antimonopoly Service

MOSCOW—U.S. tech giant Apple has paid a 906 million ruble ($12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia’s Federal Antimonopoly Service (FAS) said on Monday. Apple, which did not immediately respond to a request for comment, has previously “respectfully disagreed” with a FAS ruling…


Mexican President Says Tesla to Build Plant in Mexico

MEXICO CITY—Mexico’s president announced Tuesday that electric car company Tesla has committed to building a major plant in the industrial hub of Monterrey in northern Mexico. President Andrés Manuel López Obrador said the promise came in phone calls he had Friday and Monday with Tesla head Elon Musk. It would be Tesla’s third plant outside…


Belgium to Sell Part of BNP Paribas Stake for More Than $2 Billion

PARIS—Shares in French bank BNP Paribas fell on Wednesday, after the Belgian state participation agency SFPI had said it was preparing the sale of a third of its 7.8 percent equity stake in the euro-zone’s biggest bank. The Belgian state participation agency on Tuesday said it will dispose of around 2.7 percent in the French…


Chevron Boosts Share Buyback Program, Hikes US Spending

HOUSTON—Oil major Chevron Corp. on Tuesday expanded its share buyback program and laid out plans to add 750,000 barrels of oil and gas per day to its U.S. production on gains from the country’s shale basins and the Gulf of Mexico. U.S. oil companies have been moving more of their investments to the Americas to…


Big Tech Censorship of Australia’s Voice Debate Must Be Stopped: Think Tank

Google and Facebook have been accused of censoring debate on a contentious proposal to change the Australian Constitution to include a special parliamentary body representing Aboriginal Australians. The Melbourne-based Institute of Public Affairs (IPA) said it provided three examples to the prime minister of programs it produced on the Indigenous Voice to Parliament that were…


Trump’s Truth Social Asks Congress to Investigate SEC Over Unfair Merger Delays

Former president Donald Trump’s social media platform Truth Social has asked Congress to investigate the Securities and Exchange Commission (SEC) over its delayed merger alleging “egregious conduct and blatant politicization.” The parent company for Trump’s Truth Social platform wrote a Feb. 27th letter acquired by Just the News to the GOP-controlled House of Representatives to…