In Brazil, Twitter users fear the effect of Musk’s rule Business and Economy News

In Brazil, Twitter users fear the effect of Musk’s rule  Business and Economy News

It was Easter, and Lola Aronovich, a Brazilian literature professor, was enjoying a break at a beach with no internet access, totally unaware of the defamation campaign being orchestrated against her on Twitter. That day in April 2015, the son of Geraldo Alckmin, the former São Paulo governor and currently Brazil’s vice-president-elect, tragically died in … Read more

Mystery couple spent $2 million dishing out money to strangers around the world — here’s what happened to the recipients

Here’s a new argument for giving away your money instead of keeping it for yourself: You’ll generate measurably more happiness in the world. People who received $10,000 cash gifts as part of a global experiment reported noticeable improvements in their well-being, especially if they were of modest means. But even relatively well-off people felt happier … Read more

Here’s how much China stocks could still rally from zero-COVID depths, according to Goldman strategists

Wall Street stocks are poised for a bounce to start a new week, with politics one spotlight as US midterm elections are set to get under way. Many expect a split Congress and political deadlock for two years, which is not necessarily bad for markets, which tend to prefer a divided government. Neil Wilson, chief … Read more

What Rishi Sunak as PM means for the UK crypto industry

UK Prime Minister Rishi Sunak at 10 Downing Street. Dan Kitwood | Getty Images UK cryptocurrency firms and investors have high hopes that the new prime minister Rishi Sunak could turn around Britain’s fading crypto aspirations. The new UK leader, who was finance minister in former PM Boris Johnson’s government, faces a daunting to-do list, … Read more

Elon Musk May Have a Goodie Bag for Tesla Investors and Fans

Since early October Tesla (TSLA) has all but disappeared from the radar of its charismatic and sometimes whimsical CEO and co-founder, Elon Musk. Apart from a comment on Twitter to explain that the company had decided not to accelerate the pace of deliveries at the end of each quarter, Musk said little about the electric-vehicle-market … Read more

Xi Jinping’s tech policy in focus

Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri Getty Images Xi Jinping once declared that China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern … Read more

Zuckerberg and Facebook Are Sitting on Gold. They Need to Mine It.

Nothing is going well for Mark Zuckerberg and Facebook, known now as Meta Platforms (META) . On Sept,29, during Meta’s weekly Q&A session, the billionaire informed employees that the company was entering an era marked by lackluster growth. “For the first 18 years of the company, we basically grew quickly basically every year, and then … Read more

Zuckerberg and Facebook Are Sitting on Gold. They Need to Mine It.

Nothing is going well for Mark Zuckerberg and Facebook, known now as Meta Platforms (META) . On Sept. 29, during Meta’s weekly Q&A session, the billionaire informed employees that the company was entering an era marked by lackluster growth. “For the first 18 years of the company, we basically grew quickly basically every year, and … Read more

VPN use skyrockets in Iran as citizens navigate internet censorship

Iranians protest to demand justice and highlight the death of Mahsa Amini, who was arrested by morality police and subsequently died in a hospital in Tehran under suspicious circumstances. Mike Kemp | In Pictures via Getty Images Iranians are turning to virtual private networks to bypass widespread internet disruptions as the government tries to conceal … Read more

Semiconductor alliances between the US and Asia could hold back China

Leading chipmaking nations including the US are forming alliances, in part to secure their semiconductor supply chain and to stop China from reaching the cutting-edge of the industry, analysts told CNBC. Places including the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have looked to forge partnerships around the critical technology. … Read more