U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027, to operate through 2035 at least and to employ thousands of people, Israel’s Finance Ministry said….
Intel to Invest $25 Billion in Israel Factory in Record Deal, Netanyahu Says
Communications Minister Requests Briefing on Public Broadcaster’s Staff Cuts
June 18, 2023
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Australia’s communication minister, Michelle Rowland, has requested a briefing on the national broadcaster’s decision to axe 120 roles, including its political editor, Andrew Probyn. This comes after the move received blowback from senior media and public figures in Australia and comes as management attempts to streamline the outlet to attract younger audiences. “This is a…
Magnitude 6.4 Earthquake Strikes the Gulf of California
An earthquake of magnitude 6.4 struck the Gulf of California on Sunday, the U.S. Geological Survey (USGS) said. Mexico’s civil defense office confirmed that there were no immediate reports of damage in the areas where the earthquake was felt, but recommended boats and the nearby coastal population take precautions due to possible currents in ports….
Putin Meets With African Leaders in Russia to Discuss Ukraine Peace Plan, but No Visible Progress
KYIV, Ukraine—Russian President Vladimir Putin on Saturday met with a group of leaders of African countries who traveled to Russia on a self-styled “peace mission” the day after they went to Ukraine, but the meeting ended with no visible progress. The seven African leaders—the presidents of Comoros, Senegal, South Africa, and Zambia, as well as…
Aussie Swimmers to Share in Revenue Under New Deal
Australia’s top swimmers will earn a share of the sport’s commercial revenue for the first time after signing a memorandum of understanding (MOU) with Swimming Australia. The Australian Swimmers’ Association has struck a deal with the sport’s governing body to ensure athletes earn a share of commercial revenue from sponsorship, broadcast rights and licensing. “This…
The Growing Threat of Deepfake AI Means Every Business Needs a Response Plan
June 18, 2023
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AI researchers are calling on every business and organisation to develop a response plan to the growing threat of deep fake cyber attacks, as the perils are real, according to researchers from the Queensland University of Technology (QUT). In a paper published this year entitled ‘Brace Yourself! Why managers should adopt a synthetic media incident response playbook…
Canada’s Housing Crisis: Inevitable Crash and Economic Turmoil Predicted
Commentary Bank of Montreal economists Doug Porter and Robert Kavcic, in an article titled “Catch-’23: Canada’s Affordability Conundrum,” go into detail about a difficult issue which has been a concern for years, especially in urban and suburban areas. There seems to be no easy way out of this situation despite the assurances of politicians. Single-family…
Climate Protests Stop Coal Exports in Australia
Climate activists Blockade Australia protests at ports in Newcastle, Brisbane and Melbourne have disrupted coal shipments and motorway traffic. A climate protester has suspended herself from a rail bridge at the Newcastle coal ports, blocking trains, as coordinated protests were mounted at ports in Melbourne and Brisbane. The woman is live streaming her solitary protest…
Meta Tests Blocking News Content for Some Canadian Users in Response to Liberals’ Online News Bill
Meta has begun a test that will temporarily block access to news content for some Canadian users on its Facebook and Instagram platforms in response to the Online News Act, a Liberal government bill, and Canadian publishers are not happy. The legislation, Bill C-18, would require digital giants such as Google and Meta to pay Canadian news organizations…
Nearly 20% of Canadian Small Businesses Risk Closing if COVID Loan Deadline Not Extended: Industry Group
A quarter of a million small businesses in Canada, roughly 19 percent of all small businesses in the country, may have to shut down next year if the government does not extend a deadline to repay COVID loans, according to an industry group. The Canadian Federation of Independent Business (CFIB) issued a statement on June…
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