Topic: Washington Post
Facebook pay US$5bil to US to settle allegations
WASHINGTON: The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, two people briefed on the matter said.
US senator calls for investigation into FaceApp
Popular Russia-based application FaceApp, which allows users to change their appearance to look older or younger, came under fire in the United States on July 17, with one senator urging an FBI investigation.
Exim bank chief urges faster yuan globalisation
BEIJING: The chairwoman of China’s Export-Import Bank called for an acceleration of reforms to internationalise the Chinese currency, warning that external risks linked to rising global protectionism could harm the financial sector.
Chrysler saviour Lee Iacocca dies at 94
LOS ANGELES: Lee Iacocca, the US auto executive and television pitchman whose feel for consumers’ changing tastes helped produce the Ford Mustang and the Chrysler minivan and made him one of the fir...
Fake videos prompt need for law
TECHNOLOGY has advanced so much that one can now produce or alter audio or video content to show or present something that actually didn’t happen.
Wall Street rises with hopes of Mexican tariffs delay
NEW YORK: Wall Street's main indexes closed higher after a choppy session on Thursday as investors grew more optimistic on trade after reports that the United States is considering a delay in imposing tariffs on Mexican imports.
US moving toward major antitrust probe of tech giants
WASHINGTON: The US government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented, wide-ranging probe of some of the world's largest companies.
KLCI up 0.42%, DWL and Gadang in focus
KUALA LUMPUR (April 22): The FBM KLCI rose 0.42% at mid-morning today, as regional markets were steady, while DWL Resources Bhd and Gadang Holdings Bhd were in focus following the revival of the East ...
Independence of central banks in question
RUMBLINGS of concern over central bank independence have erupted into full-blown debates on attempts by populist leaders to influence decision-making at central banks.
Jailed Reuters reporters win Pulitzer Prize
Reuters won two Pulitzer Prizes on Monday, one for revealing the massacre of 10 Muslim Rohingya men by Buddhist villagers and Myanmar security forces, and another for photographs of Central American m...
Trump signs orders for 'revival' of US energy
CROSBY, April 11 — In the US oil heartland yesterday, President Donald Trump announced the signing of two executive orders to accelerate the construction of oil and gas pipelines, dismaying environm...
Facebook CEO calls for updated Internet regulations
Facebook chief executive Mark Zuckerberg called on March 30 for regulators to play a "more active role" in establishing rules that govern the internet, as the world's largest social media network struggles to defuse criticism.
Democrats bar Fox News from moderating debates
The Democratic National Committee on Wednesday said it will not allow Fox News to host any of its candidates’ political debates through 2020, citing a report this week about the conservative channel...
MBS to visit Malaysia next week
PETALING JAYA: Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud is scheduled to make a visit to Malaysia next week where he is expected to meet Prime Minister Tun Dr Mahathir Mohamad.
Saudi prince to visit Malaysia
Saudi Arabia's Crown Prince Mohammed bin Salman is expected to announce investments in energy and infrastructure during a visit to India and Pakistan in coming days as part of his efforts to wean the Saudi economy off oil exports. He is also expected to visit Malaysia, China, and Indonesia.
Amazon reconsidering move to New York, report says
WASHINGTON, Feb 9 — Amazon is rethinking its decision to create an additional headquarters in New York City amid opposition from key political leaders and protests in the community, The Washington P...
No, Brexit Britain does not want its empire back
BRITAIN is moving towards an exit from the European Union (EU) on March 29, possibly with no agreement, and thus courting — according to the Bank of England (BoE) — an 8% drop in gross domestic pr...
Leonardo DiCaprio testifies in 1MDB case in the US
KUALA LUMPUR: Hollywood actor Leonardo DiCaprio testified in secret before a grand jury in the US recently as part of the US Department of Justice’s (DoJ) investigation into 1Malaysia Development Bh...