Tag : elon musk

Economy & Business

“United States Cancels Some Chip Supply Licenses to Huawei”

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Falcon powers – The U.S. Department of Commerce announced that it has revoked some licenses that allow companies to ship goods such as chips to Chinese company Huawei, which manufactures mobile phones and personal computers. The decision comes after Huawei launched its first artificial intelligence-compatible personal computer, the “MateBook X......
European

“Fed Up”… Borrell Criticizes the Invasion of Rafah and Threats against the International Criminal Court

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Falcon powers – The European Union’s High Representative, Josep Borrell, responded to the Israeli attack on the city of Rafah in Gaza, stating that the human toll would be high and that people had no safe haven to seek refuge in. Borrell told reporters, “I fear that this will once......
Economy & Business

Australian airline Qantas agrees payouts over ‘ghost flights’

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FALCON POWERS – Australia’s biggest airline Qantas agrees million-dollar settlement after being accused of selling thousands of tickets for flights it had already cancelled. The A$100m (€61m) penalty deal comes after the Australian Competition and Consumer Commission (ACCC) sued the Sydney-based airline in the Federal Court last year. The commission......
Economy & Business

Watch How Starbucks Stock Plummeted Amid Gaza Support Boycott (Chart)

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Falcon powers – Supporters of Israel face significant losses, including American coffee chain Starbucks, due to the boycott stemming from the Israeli war on Gaza. Starbucks has experienced a decline in sales, leading to a drop in its stock price amid a selling wave. The company’s stock finished Friday’s trading......
European

EU election candidates face a TikTok conundrum as bloc cracks down on app

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FALCON POWERS – Hopefuls in June’s European elections are taking the leap to TikTok in a bid to influence young voters, despite the security and misinformation concerns plaguing the app. The Chinese-owned platform has some 142 million users in the EU, predominantly young Europeans, making it crucial campaigning territory for......
European

EU Policy. Facebook and Instagram probed over disinformation handling

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FALCON POWERS – The European Commission says the platforms’ tools to protect the EU elections are not sufficient. Meta’s Facebook and Instagram are subject to an investigation over how the platforms tackle disinformation under the Digital Services Act (DSA), amid fears they are vulnerable to Russian networks, the European Commission said today......
Asylum & Migration

Biden Defends Welcoming Immigrants: Foreign Phobia Causes Economic Problems for China and Japan

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FALCON POWERS – US President Joe Biden said on Wednesday that “foreign phobia” from countries like China, Japan, and India hampers their growth, while emphasizing that immigration benefits the US economy. Speaking at a fundraising event in Washington that included Americans of Asian descent and others, he stated, “One of......
European

Amid media silence in Europe: Woman, dubbed “Woman of the Cross,” burns the Quran again in Sweden!!

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A woman named “Woman of the Cross,” who is actually a priest named Gerd Sandberg, set fire to a copy of the Quran once again in the Skarholmen area of Stockholm, the capital of Sweden. It is in this area where the crime took place that claimed the life of......
European

‘Tank of the future’: German and French defence ministers sign billion euro arms project

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FALCON POWERS – France’s defence minister received his German counterpart on Friday to ink a deal between the two countries to build a next-generation battle tank. Defence ministers of France and Germany met in Paris this Friday to ratify an agreement on a new joint tank project called the Main Ground......