List of All Articles with Tag 'world'

Snowflake Inc. gave a sales outlook for the current quarter in line with expectations, suggesting that companies are

Exchange operator Cboe Global Markets Inc. can do future acquisitions and expand its global presence as long as

A final plan for Indonesia’s $20 billion climate deal could be in place by the end of October,

Snap Inc. is appointing a former Google executive to lead its India operations as it strives to become

(Bloomberg Law) -- Edward Blum’s newest anti-affirmative action group sued Perkins Coie and Morrison Foerster Tuesday, alleging that diversity fellowships

Canadian Prime Minister Justin Trudeau hit out at Facebook as detrimental to democracy after the news service began blocking access to news stories on its platforms in Canada in the midst of a wildfire crisis. “It is so inconceivable that a company like Facebook is choosing to put corporate profits ahead of ensuring that local news organizations can get up-to-date information to Canadians and reach them,” Mr Trudeau said prior to a cabinet meeting on Prince Edward Island on Monday in comments reported by the New York Post. Mr Trudeau’s anger at Facebook comes as the company has started enforcing a new policy blocking Canada-based users from accessing news stories in response to a recent Canadian law that requires the company to pay publishers for content shared on the platform. Facebook, in response, has sharply reduced its role as a news service in the country — an issue in an emergency like the one Canada is facing now as its summer wildfires have forced the evacuation of some 35,000 families in the western province of British Columbia. “Democracy depends on people being able to trust high-quality journalism and of all sorts of different perspectives and points of view,” Mr Trudeau said on Monday. “But right now, in an emergency situation, up-to-date local information is more important than ever.” The prime minister’s contention is that Facebook’s policy is threatening people’s safety — a charge that a Facebook spokesperson denied in a statement provided to the Associated Press in which they said that Canadian Facebook users can still use the platform “to connect with their communities and access reputable information, including content from officials.” The dispute between Canadian lawmakers and companies like Facebook and Google set to be affected by the payment law has been brewing for months. In comments made last year, Mark Zuckerberg, the CEO of Facebook’s parent company, Meta, said the Canadian law “is based on the incorrect premise that Meta benefits unfairly from news content shared on our platforms, when the reverse is true.” In fact, experts say, the popularity of Facebook as a news-sharing platform has helped to drive a number of news agencies out of business while reportedly profiting in some cases from the dispersal of misinformation. Meanwhile, Canadian wildfires continue to burn and push families out of their homes. Per the Post, there have been more than 5,700 fires in Canada this summer that have burned more than 50,000 square miles — with the resulting smoke felt at various points in states across the US. Read More Canadian officials ease wildfire evacuation orders in scenic British Columbia region

SoftBank Group Corp.’s Arm Holdings Ltd. dropped a more than 300-page filing ahead of what’s expected to be

AT&T Inc. is launching a new wireless home internet service, catching up to its rivals in one of

Hawaiian Electric Industries Inc. said it is seeking advice from various experts, including Guggenheim Securities as it takes

Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as

The German government is overestimating the impact of its recently announced climate protection efforts and will likely make

Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators