From No. 13 seed Furman beating fourth-seeded Virginia to No. 15 Princeton defeating second-seeded Arizona, most NCAA Tournament brackets were busted Thursday before the sun went down. The NCAA March Madness Twitter account posted after Thursday’s late games concluded that only 787 brackets of unspecified millions remained perfect. Sponsored: This… Read More
Why TikTok’s security risks keep raising fears
TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf. China’s Foreign Ministry on Wednesday accused the United States itself of spreading disinformation about TikTok’s potential… Read More
Germany detains 42 to prevent attacks on ATMs
German police detained 42 people as part of a crackdown on gangs suspected of blowing up cash machines, authorities said Friday. Incidents in which thieves blow up ATMs and then make off with the cash, usually during the night, have become increasingly common in Germany in recent years. There were… Read More
TikTok digs in its heels amid U.S. criticism
TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn’t help protect national security. The company was responding to a report in The Wall Street Journal that said the Committee… Read More
EU’s central bank backs big rate hike despite bank chaos
The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S. bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system. The ECB hiked rates by half a percentage… Read More
Honda recalls half a million vehicles amid safety issue
Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly. The recall covers some of the automaker’s top-selling models including the 2017 through 2020 CR-V, the 2018 and 2019 Accord, the 2018 through 2020 Odyssey and the 2019 Insight. Also… Read More
Gavin Newsom wine scandal erupts over Silicon Valley Bank bailout
On Sunday, California Gov. Gavin Newsom praised the White House for announcing a plan to protect all Silicon Valley Bank’s depositors. Hours later, a wine-soaked scandal erupted. “The Biden Administration has acted swiftly and decisively to protect the American economy and strengthen public confidence in our banking system,” Newsom said… Read More
MLB umpires to have a new view… on Zoom?!
Umpires will have a new view this season: on Zoom. Major League Baseball struck a deal with Zoom Video Communications Inc. allowing on-field umpires to watch videos being evaluated by the replay operations center during contested calls. Sponsored: The truth about marijuana and pain MLB first adopted instant replay in… Read More
Bank run fears spread globally; markets shutter
Worries about a spreading banking crisis and how badly it will hit an already fragile economy caused markets to shudder Wednesday, as stocks fell and bond yields tumbled on both sides of the Atlantic. The S&P 500 was 1% lower in afternoon trading, while markets in Europe fell more sharply… Read More
Facebook sees a second round of mass layoffs
Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard. The company announced 11,000 job cuts in November, about 13% of its workforce… Read More
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