Developed market central banks are becoming increasingly cautious about cutting interest rates, reflecting growing uncertainty in global economics and politics. Only one of the five central banks that met this week – Switzerland’s Swiss National Bank (SNB) – cut rates, while others have signaled a pause or no further reductions. The SNB reduced rates by … Read more
A US court complaint alleges that Apple misled millions of consumers into buying new iPhones by touting non-existent features, including “Apple Intelligence”. The tech giant had promised a revolutionary product that would redefine smartphone use in the emerging AI economy. Source: https://news.bloomberglaw.com/litigation/apple-exaggerated-iphone-16s-ai-features-deception-suit-says
Bluesky, a decentralized social media platform, is taking aim at rival Meta (META) by selling T-shirts with subtle digs. The shirts feature Latin phrases that cleverly nod to Meta CEO Mark Zuckerberg and his affinity for Ancient Rome. The tees are inspired by Jay Graber, Bluesky’s CEO, who wore one with the phrase “mundus sin … Read more
The second season of “Severance” has left fans and viewers alike with a plethora of unanswered questions, but one person who can shed light on these mysteries is Oliver Latta, the mastermind behind the show’s Emmy-winning title sequences. In an exclusive interview, Latta revealed that he knew many of the plot twists long before they … Read more
Kelly Clarkson made her highly anticipated return to social media on Tuesday, March 18. The pop star shared a series of photos with her scheduled guests for the day’s episode of her eponymous talk show. Fans were thrilled to see her back online after an extended absence from hosting her popular program. The singer was … Read more
The European Union’s executive body, the Commission, has taken enforcement action against two of its biggest tech companies, Apple and Google, over alleged violations of a 2022 law aimed at promoting fair competition in the digital economy. The commission claims that Google’s dominant search engine is giving it an unfair advantage by steering users to … Read more
Israel’s campaign to “end the Palestinian refugee issue” is being labeled as ethnic cleansing by a top analyst. The West Bank refugee camps are among those targeted in this plan, according to Al Jazeera. The target of Israel’s actions is not only to dismantle the refugee camps but also to displace Palestinians from their homes … Read more
FedEx Corp (FDX.N) has cut its full-year profit and revenue forecasts due to soft demand and uncertainty in the US industrial economy. The company’s shares fell 5.3% to $232.29 in after-hours trade. The parcel delivery firm attributed the revised forecast to weakness in the US industrial economy, which is constraining demand for its business-to-business services. … Read more
Astronauts Butch Wilmore and Suni Williams aren’t the first to experience delays in space, but their 9½-month mission sets a new record for length. Their test flight of Boeing’s Starliner crew capsule was expected to last eight days, but they spent 286 days off the planet – 36 times longer than anticipated. Several astronauts have … Read more
Measles cases are on the rise across the US, sparking questions about whether vaccinated adults need a “booster” dose to enhance protection. According to experts, most vaccinated adults don’t require another vaccine dose. The Centers for Disease Control and Prevention (CDC) recommends two doses of the measles vaccine, given at 12-15 months and 4-6 years … Read more