BBC Chairman Richard Sharp has resigned after being found to have broken the rules by failing to disclose his role in securing an £800,000 loan guarantee for former Prime Minister Boris Johnson. The former Conservative Party donor announced his resignation after a review found that he twice breached the code governing public appointments, risking the…
BBC Chairman Resigns After Report Finds He Breached Rules Over Boris Johnson Loan
German Gloom Dampens Stocks as Fed, ECB Meetings Beckon
LONDON—A stagnant German economy and sliding yen overshadowed buoyant tech earnings to send shares lower on Friday, with investors betting that next week’s batch of central bank meetings will point towards a levelling off in interest rates. Oil headed for a second week of declines after data on Thursday showing the U.S. economy slowing more…
WeChat Derailing Democracy, Must Be Regulated in Democratic Nations: Expert
An expert has warned that countries around the world should regulate WeChat because it is actively seeking to undermine political systems and civil societies. WeChat, which is alternatively known as Weixin, is a Chinese instant messaging, social media, and mobile payment app developed by the Chinese company Tencent. Seth Kaplan, Ph.D., a professorial lecturer at Johns…
Microsoft Reports Boost in Profits, Revenue, as It Pushes AI
REDMOND, Wash.—Microsoft on Tuesday reported a 9 percent increase in profit for the January-March quarter, as growth in cloud computing sales helped bolster its plans to expand its use of artificial intelligence. The company reported quarterly profit of $18.3 billion, or $2.45 per share, beating Wall Street expectations for earnings of $2.24 a share. The…
UK Blocks Microsoft’s $69 Billion Activision Deal Over Cloud Gaming Concerns
LONDON—Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion dollar “Call of Duty” franchise to…
Google’s Persistent Ad Slump Weighs on Alphabet’s 1Q Results
SAN FRANCISCO—Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine. An unprecedented downturn in Google’s digital ad revenue—the company’s main moneymaker for more than 20 years—came into sharper focus Tuesday with the release of the January-March…
Tucker Carlson Video Nets 60 Million Impressions in Under 24 Hours
A video message posted on Twitter by former Fox News host Tucker Carlson after his departure has netted some 19 million views and 60 million impressions, highlighting Carlson’s influence and popularity. He posted the clip at 8 p.m. Eastern time on Wednesday, the same time as his former Fox News show, and did not address…
PREMIERING NOW: Big Tech Immunity Explained: Law Professor Adam Candeub on How to Rein In Section 230 Abuse
“Who is raising children? It’s not really parents, it’s not teachers, it’s not coaches or clergymen. It’s Twitter influencers. They’re the ones that have the ears and souls of our children.” I sit down with Adam Candeub, professor of law at Michigan State University and a senior fellow at the Center for Renewing America. Candeub…
Big Tech Immunity Explained: Law Professor Adam Candeub on How to Rein In Section 230 Abuse
“Who is raising children? It’s not really parents, it’s not teachers, it’s not coaches or clergymen. It’s Twitter influencers. They’re the ones that have the ears and souls of our children.” I sit down with Adam Candeub, professor of law at Michigan State University and a senior fellow at the Center for Renewing America. Candeub…
Los Angeles Times Denies Submitting Questions to the White House Before Press Conference
The Los Angeles Times is denying allegations that it submitted questions to the White House before President Joe Biden’s April 26 press conference, despite a cheat sheet Biden was holding. “Our reporter did not submit any questions in advance of the Q&A with President Biden,” a spokesperson for the paper told The Epoch Times. While…
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