Israel attacks Gaza as the conflict flares up after clashes in the West Bank

Israel attacks Gaza as the conflict flares up after clashes in the West Bank

Rockets from Gaza caused alarm in Israeli communities Cross-border fire followed Israeli incursion into the West Bank Israeli raid killed at least nine Palestinians Violence in the West Bank has exploded in the past year JERUSALEM/GAZA, Jan. 27 (Reuters) – Israeli fighter jets hit the Gaza Strip on Friday night in retaliation for two rockets … Read more

Musk outlines Tesla’s recession playbook: Chargeback costs

Musk outlines Tesla’s recession playbook: Chargeback costs

26 Jan. (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) heading into what he says will be a “serious” recession: cutting costs on everything from parts to logistics while keeping pressure on competitors with reduced sticker prices. In a conference call to discuss Tesla’s fourth-quarter results, Musk and other executives outlined plans to … Read more

The EU wants to send more people back to Africa, the Middle East, Asia

The EU wants to send more people back to Africa, the Middle East, Asia

STOCKHOLM, Jan. 26 (Reuters) – European Union migration ministers are meeting on Thursday to discuss visa restrictions and better coordination within the bloc to help more people without asylum in Europe return to their home countries, including Iraq. Three years after the 27-nation EU agreed to limit visa requirements for countries deemed uncooperative in taking … Read more

Strong US economic growth expected in fourth quarter, outlook deteriorates

Strong US economic growth expected in fourth quarter, outlook deteriorates

GDP is expected to grow by 2.6% in the fourth quarter Strong consumer spending seen; contributions from other sectors Weekly jobless claims are expected to increase slightly WASHINGTON, Jan. 26 (Reuters) – The US economy is likely to have maintained strong growth rates in the fourth quarter as consumers pushed up spending on goods, but … Read more

Musk says Tesla’s price cuts drove demand, 2023 sales could reach 2 million vehicles

Musk says Tesla’s price cuts drove demand, 2023 sales could reach 2 million vehicles

25 Jan. (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have fueled demand for its electric vehicles, Chief Executive Elon Musk said Wednesday, allaying concerns that a weak economy would curb buyer interest. The company slightly beat Wall Street’s targets for fourth-quarter revenue and profit earlier on Wednesday, despite a sharp decline in vehicle profit … Read more

Former kickboxer Andrew Tate says Romanian prosecutors have no evidence against him

Former kickboxer Andrew Tate says Romanian prosecutors have no evidence against him

BUCHAREST, January 25 (Reuters) – Divisive internet personality Andrew Tate said on Wednesday that there was no justice in Romania and that the file against him in a criminal investigation for alleged human trafficking and rape was empty. Tate, his brother Tristan and two Romanian female suspects have been held in police custody since December … Read more

Microsoft cloud outage affects users around the world

Microsoft cloud outage affects users around the world

A failure has consequences for the Microsoft cloud platform Azure for hours Multiple Microsoft services including Teams and Outlook hit Microsoft says most customers have now restored service Shares down 3.2% Jan. 25 (Reuters) – Microsoft Corp. (MSFT.O) said on Wednesday it had restored all of its cloud services after a network outage knocked out … Read more

Ad spend on Twitter drops more than 70% in December – data

Ad spend on Twitter drops more than 70% in December – data

24 Jan. (Reuters) – Ad spend on Twitter Inc fell 71% in December, data from an advertising research firm showed, as top advertisers slashed spending on the social media platform following the acquisition of Elon Musk. The recent Standard Media Index (SMI) data comes as Twitter moves to reverse the advertiser exodus. It has introduced … Read more

Taylor Swift concert fiasco sparks U.S. Senate whims for Ticketmaster

Taylor Swift concert fiasco sparks U.S. Senate whims for Ticketmaster

WASHINGTON, Jan. 24 (Reuters) – US senators on Tuesday criticized Live Nation Entertainment’s lack of transparency and inability to block bot purchases of tickets at a hearing following a major fiasco involving ticket sales for Taylor Swift’s upcoming concert tour . Ticketmaster, a subsidiary of Live Nation Entertainment Inc (LYV.N), which has been unpopular with … Read more

Exclusive: Binance Moved $346M For Seized Crypto Exchange Bitzlato, Data Show

Exclusive: Binance Moved 6M For Seized Crypto Exchange Bitzlato, Data Show

LONDON, Jan. 24 (Reuters) – Crypto giant Binance processed nearly $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering machine”, according to blockchain data seen by Reuters. The Justice Department said on Jan. 18 that it charged Bitzlato’s co-founder … Read more