Meta sells Giphy for $53M to Shutterstock after UK blocked GIF platform purchase
Shutterstock said Tuesday it’s buying Giphy from Meta Platforms for $53 million, in the final step to unwind the deal blocked by British regulators, who prevented the Facebook owner from purchasing the GIF-sharing platform over competition concerns
2023-05-24 00:46
America's borrowing is its superpower. A default would tarnish that
Call it American financial exceptionalism: The full faith and credit of the US government goes far, but a default because of the debt ceiling would change that.
2023-05-24 00:28
China presses Dutch minister for access to chipmaking tech blocked on security grounds
China’s foreign minister has pressed his Dutch counterpart for access to advanced chipmaking technology that has been blocked on security grounds and warned against allowing what he said were unfounded fears of Beijing to spoil relations
2023-05-24 00:28
Tempers rise as German government's clean heating plans moved to back burner
Germany’s government is facing a major test after two junior partners in Chancellor Olaf Scholz’s three-party coalition sparred publicly over a key element in the country’s ambitious climate policy
2023-05-24 00:26
Kenya tea company suspends operations after protesters burn machines
A multinational tea company based in Kenya has suspended operations after tea plucking and harvesting machines were burned by protesters, citing massive job losses due to mechanization
2023-05-24 00:24
Hong Kong’s Cathay Pacific sacks crew members accused of discriminating against non-English speakers
Hong Kong’s Cathay Pacific Airways has dismissed three cabin crew members after a passenger accused them of discriminating against non-English speakers, in a case that drew criticism from Chinese state media
2023-05-24 00:17
Mary Kay Ash Foundation℠ Awards Grants to Four North Texas Women’s Shelters and Longtime Partners
DALLAS--(BUSINESS WIRE)--May 23, 2023--
2023-05-24 00:16
Russia extends detention of US journalist Evan Gershkovich by 3 months
Russian news agencies are reporting that a court has extended the arrest of Wall Street Journal reporter Evan Gershkovich by three months
2023-05-23 23:53
Nearly 20 million households are behind on their utility bills
Millions of Americans may have to think twice about turning on their air conditioners this summer.
2023-05-23 23:50
Tesla might have just released its first-ever ad
Tesla has released what is possibly its first-ever commercial, a week after Elon Musk announced the company was going to "try a little advertising and see how it goes."
2023-05-23 23:50
IMF staff, Kenya reach agreement on over $1 billion of new financing
By George Obulutsa NAIROBI International Monetary Fund staff and Kenya have reached an agreement that could unlock more
2023-05-23 23:28
Ford decides to keep AM radio on 2024 models, will restore AM on two electric vehicles from 2023
Owners of new Ford vehicles will be able to tune in to AM radio in their cars, trucks and SUVs after all
2023-05-23 23:23