
China EV maker Hozon Auto appoints banks for $1 billion Hong Kong IPO -sources
By Kane Wu and Scott Murdoch HONG KONG/SYDNEY Chinese electric vehicle (EV) maker Hozon Auto has appointed China
2023-09-01 15:25

China car sales seen 20% up in November as makers eye sales goals
BEIJING/SHANGHAI (Reuters) -China's car sales are expected to jump by more than 20% in November, the China Passenger Car Association
2023-11-08 17:46

Floating Solar Panels Turn Old Industrial Sites Into Green Energy Goldmines
Putting solar panels on water to generate power sounded like a dangerous gimmick to Benedikt Ortmann when he
2023-08-03 12:29

Uber, Jabil and Builders FirstSource Set to Join S&P 500
Uber Technologies Inc. has been added to the S&P 500 Index, after reporting two straight quarters of operating
2023-12-02 08:54

Biden is set to mark the anniversary of his signing of a major climate, health and tax law
The White House is ramping up its efforts to illustrate the real-world impact of President Joe Biden’s signature climate, health care and tax law
2023-08-16 22:22

India's food price surge forces government measures to improve supplies
By Rajendra Jadhav and Aftab Ahmed MUMBAI/NEW DELHI A broad rise in prices of food essentials in India
2023-08-25 09:21

Thousands of US workers are on strike today. Here's a rundown of major work stoppages happening now
It’s been a big year for labor organizing in the U.S. And from auto production lines to Hollywood, all eyes are on strikes taking the world of work by storm
2023-10-05 23:47

Elon Musk says Twitter to move behind paywall as all users forced to pay ‘small’ monthly fee
Elon Musk said X is looking to charge users a “small monthly payment” to tackle bots on the social network. X, previously known as Twitter, underwent a number of changes soon after Mr Musk, the multibillionaire owner of X Corp, bought it. The platform is now “moving to having a small, monthly payment for use of the X system” to combat “vast armies of bots”, Mr Musk said during a livestreamed conversation with Israeli prime minister Benjamin Netanyahu on Monday. However, the Tesla and SpaceX boss did not reveal how much the new plan would cost X users or what additional features subscribers would get. During the interaction with Mr Netanyahu, the Tesla titan said X currently has 550 million “monthly users” who generate 100-200 million posts per day, adding that the new change to include a “small amount of money” would be necessary to deal with the problem posed by bots. It is unclear whether the multibillionaire’s figure of 550 million monthly users includes bots and also doesn’t allow comparison with the metric the company has used to estimate its user base, called the “average monetizable daily active users” or mDAUs. But the Tesla chief said a subscription fee would make it more difficult for bots to create accounts as each bot would need a new credit card to register on the platform. “It’s the only way I can think of to combat vast armies of bots,” Mr Musk said. “Because a bot costs a fraction of a penny – call it a tenth of a penny – but even if it has to pay a few dollars or something, the effective cost of bots is very high,” he explained. The platform has historically struggled to curb the activity of bots, with the company’s former security chief Peiter Zatko telling the US Congress last year that Twitter does not even know how many automated accounts are on the site. Mr Musk even cited bots as a reason to back out of buying the social platform before he went on to complete the deal. He has also previously discussed putting all of Twitter behind a paywall. Now the Tesla boss says the rebranded X plans to introduce a new “lower tier pricing” than the $8 monthly fee it currently charges subscribers of its premium Blue service. The conversation between Mr Musk and the Israeli prime minister also touched on topics like AI regulation as well as hate speech and antisemitism on X. Mr Musk claimed during the discussion that he’s “against antisemitism” and “anything that promotes hate and conflict”. “I’m sort of against attacking any group, you know. Doesn’t matter who it is,” the Tesla chief said. Online safety experts have warned about the social media platform under “free speech absolutist” Mr Musk offering “amnesty” to accounts previously suspended for hate speech and instigating violence. Under the Tesla titan, the platform restored the account of former US president Donald Trump who was banned following the 2021 Capitol riots, as well as the profiles of Republican Marjorie Taylor Greene and neo-Nazi website founder Andrew Anglin. Read More The ex factor: the very complex love life of Elon Musk Netanyahu visits Elon Musk in California with plans to talk about artificial intelligence Turkey's President Erdogan and Elon Musk discuss establishing a Tesla car factory in Turkey Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering
2023-09-19 13:21

NAU Yuma Embarks on a New Era, Empowers Students Seeking Rewarding Careers with Innovative Programs
YUMA, Ariz.--(BUSINESS WIRE)--Aug 15, 2023--
2023-08-15 21:29

Oil nearly flat as macroeconomic concerns contend with tighter US supply
By Stephanie Kelly Oil prices were nearly flat on Wednesday as signs of tighter U.S. supplies countered economic
2023-10-25 08:47

San Francisco's race for robo-taxis cleaves sharp divide over safety
A driverless taxi slows down on a dark San Francisco street and is quickly surrounded by a...
2023-07-16 12:17

South Africa’s Kganyago Sticks with Hawkish Tone on Inflation
South African Reserve Bank Governor Lesetja Kganyago acknowledged that inflation has eased, but stressed it was premature to
2023-10-05 15:48
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