The EU’s industry chief Thierry Breton on Wednesday gave Meta Platforms 24 hours to inform him of measures taken to counter the spread of disinformation on its platforms following Palestinian Islamist group Hamas’ surprise attack on Israel.
Electric-vehicle maker VinFast Auto said on Wednesday it would acquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong as it seeks to ramp up its integration in the production value chain and competitive advantage.
Ether, the second-largest cryptocurrency, may rise more than five-fold in value by the end of 2026, according to global bank Standard Chartered , its latest prediction of rocketing crypto prices.
India’s No.1 IT services exporter Tata Consultancy Services missed second-quarter revenue estimates and warned that its clients were still hesitant to spend on discretionary projects amid inflationary pressures and high interest rates.
The Organisation for Economic Cooperation and Development (OECD) published a multilateral treaty on Wednesday that would replace a hodge-podge of national digital services taxes if ratified by enough countries.
Germany’s Federal Anti-Discrimination Agency said it would close its account on social media platform X, formerly Twitter, because of increasing intolerance of minorities expressed by users on the site, and urged other bodies to follow suit.
Caroline Ellison, the former co-head of Sam Bankman-Fried’s hedge fund, testified at his fraud trial on Wednesday that she was in a “constant state of dread” as the firm’s lenders demanded repayment amid a downturn in cryptocurrency markets in 2022.
