Protests, looting break out over police killing of black man in Minneapolis

Protesters clashed with riot police firing tear gas for a second night in Minneapolis on Wednesday in an outpouring of rage over the death of a black man seen in a widely circulated video gasping for breath as a white officer knelt on his neck. The video, taken by an onlooker to Monday night’s fatal… Read More Protests, looting break out over police killing of black man in Minneapolis

U.S. President Donald Trump threatens regulation of social media companies following tweet fact-check

Twitter on Tuesday for the first time prompted readers to check the facts in tweets sent by U.S. President Donald Trump, warning that his claims about mail-in ballots were false and had been debunked by fact checkers. The move marked a dramatic shift for the social network, Trump’s primary tool for getting an unfiltered version… Read More U.S. President Donald Trump threatens regulation of social media companies following tweet fact-check

Employees fire white woman for falsely calling cops on black man in New York

Denouncing “racism of any kind,” a global investment firm has fired a white woman after a viral video showed her calling police to say she felt threatened by an African-American man who asked her politely to leash her dog in New York’s Central Park. The video drew outrage on social media where it was viewed… Read More Employees fire white woman for falsely calling cops on black man in New York

U.S. adds dozens of Chinese companies to economic blacklist

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. The U.S. Commerce Department’s move marked the Trump administration’s latest efforts to crack down on companies… Read More U.S. adds dozens of Chinese companies to economic blacklist

UK court throws out Nigerian corruption case against oil firms Shell, Eni

An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield, a court document showed on Friday, while a related trial in Italy continues. The Nigerian government filed the case in 2018 at a commercial court in London alleging… Read More UK court throws out Nigerian corruption case against oil firms Shell, Eni

Moderna’s experimental COVID-19 vaccine shows promise in early trial

Moderna Inc said on Monday its experimental COVID-19 vaccine showed promise in a small early-stage trial, with the vaccine producing virus-neutralizing antibodies similar to that found in recovered patients, sending shares soaring 25%. The company’s vaccine is at the forefront of the efforts in developing a treatment for the fast-spreading virus and last week, won… Read More Moderna’s experimental COVID-19 vaccine shows promise in early trial

Germany working on €57billion aid package to help virus-hit municipalities

German Finance Minister Olaf Scholz is working on an aid package worth 57 billion euros (an equivalent of $61.65 billion) to help municipalities cope with plunging tax revenues caused by the coronavirus crisis, a ministry document showed on Saturday. Europe’s largest economy is facing its deepest recession since the Second World War, even as a… Read More Germany working on €57billion aid package to help virus-hit municipalities

Facebook acquires GIF website Giphy, to integrate it with Instagram

Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around $400 million by news website Axios. The… Read More Facebook acquires GIF website Giphy, to integrate it with Instagram