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EU takes aim at TikTok, Meta's 'addictive designs' for teens
Von der Leyen cites depression, self-harm, suicide as risksThe Digital Fairness Act would also restrict AI in social mediaA minimum age for social media access is being consideredBy Inti Landauro and Foo Yun Chee BRUSSELS, May 12 (Reuters) - The head of the European Commission called on Tuesday f...Reuters
Tue, May 12
Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline
Q3 revenue 284 million euros, in line with estimatesSatellite internet services grow 65%, video falls 13.3%Revenue from 10-year French military contract started Q4By Gianluca Lo Nostro May 12 (Reuters) - European satellite operator Eutelsat ETL.PA on Tuesday reported third-quarter revenue broadly...Reuters
Tue, May 12
Greenland's leader says US military presence part of talks with Trump's diplomats
Greenland open to more US bases but says sovereignty is non-negotiableUS reportedly seeks three new bases, possibly as sovereign US territory, BBC reportsExpansion discussed under 1951 US-Danish defence pact, experts say Denmark has limited veto powerBy Stine Jacobsen and Soren Jeppesen COPENHAGE...Reuters
Tue, May 12
EXPLAINER-Who are the candidates running for UN secretary-general?
GENEVA, May 12 (Reuters) - The 10th United Nations secretary-general will be elected this year for a five-year term starting on January 1, 2027.Here are the candidates so far running to take over from outgoing U.N. chief Antonio Guterres. RAFAEL GROSSIRafael Grossi, a 65-year-old career diplomat...Reuters
Tue, May 12
New York hospital system receives grand jury subpoena in US transgender care probe
DOJ subpoena seeks information on patients under 18 and providers involved since 2020Trump administration escalates probes, centers them in TexasMedical groups say denying care can be harmful for the physical and mental health of transgender youth By Nate Raymond May 12 (Reuters) - NYU Langone He...Reuters
Tue, May 12
Oshkosh, Basic Fun get tariff refunds as payments start rolling out
May 12 (Reuters) - Heavy truck maker Oshkosh Corp and toy maker Basic Fun on Tuesday both said they had received partial payments of the refunds they had sought of the import tariffs they had paid under the Trump administration that were invalidated earlier this year by the U.S. Supreme Court.Reuters
Tue, May 12
Junior UK minister Zubir Ahmed resigns in protest at PM's leadership
LONDON, May 12 (Reuters) - British health department minister Zubir Ahmed resigned in protest at Prime Minister Keir Starmer's leadership on Tuesday, joining a handful of junior ministers who have quit in a similar fashion."It is clear to see that whatever the magnitude of individual achieve...Reuters
Tue, May 12
Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery
May 12 (Reuters) - Isomorphic Labs, an artificial intelligence-driven drug discovery company, said on Wednesday it has raised $2.1 billion in its latest funding round led by existing investor Thrive Capital. The funding round, completed at an undisclosed valuation, also included other existing i...Reuters
Tue, May 12
Kremlin releases video of Putin out and about in Moscow after Western bunker claims
By Andrew Osborn MOSCOW, May 12 (Reuters) - The Kremlin has released a video of Vladimir Putin driving in Moscow and meeting an old school teacher in a hotel lobby, after Western media outlets cited a European intelligence report as saying the Russian president spent weeks holed up in bunkers.The...Reuters
Tue, May 12
Canada's E-L Financial Q1 net income slumps
OverviewCanada investment and insurance holding company's Q1 net income fell sharply yr/yrEmpire Life's net income declined, driven by less favourable market-related impactsOutlookCompany did not provide specific guidance or outlook for future periods in the press releaseResult DriversEMPIRE...Reuters
Tue, May 12
Private credit funds mark investment values lower, filings show
By Patturaja Murugaboopathy May 12 (Reuters) - Some private credit funds marked the values of their investments significantly lower in the first quarter, their filings show, highlighting the pressure they face as artificial intelligence upends business models and projections for small businesses...Reuters
Tue, May 12
US senators urge Trump to 'stand strong' on shipbuilding in talks with Xi
Senators say China working to 'decimate' US shipbuildingUS, China paused tit-for-tat port fees until NovemberTrump to meet China's Xi Thursday-FridayBy Andrea Shalal WASHINGTON, May 11 (Reuters) - A bipartisan group of U.S. senators on Monday urged President Donald Trump to hold fast ...Reuters
Tue, May 12
For years, graft accusations against his circle did Zelenskiy little harm. Now they hit closer
Anti-graft agencies target Zelenskiy's former right-hand manExpanding probe raises questions of Zelenskiy's knowledge of graftCharges come at sensitive time for war-hit UkraineBy Dan Peleschuk and Yuliia DysaKYIV, May 12 (Reuters) - After years in which Volodymyr Zelenskiy's wartime repu...Reuters
Tue, May 12
US agency says Chinese drones, routers can get software updates through 2028
WASHINGTON, May 12 (Reuters) - The U.S. Federal Communications Commission said on Tuesday it will allow Chinese drones and routers sold in the United States to get critical software updates at least through the end of 2028.The FCC in recent months banned the import of new models of Chinese drones an...Reuters
Tue, May 12
Pentagon deploys Anthropic's Mythos to patch cyber gaps while planning to ditch firm
WASHINGTON, May 12 (Reuters) - The Pentagon is deploying Anthropic's Mythos cybersecurity model to find and patch software vulnerabilities across the U.S. government even as it races to complete a transition away from the AI company, the Defense Department's top technology official said on T...Reuters
Tue, May 12
Boeing's new order bookings surge in April
Boeing has booked 284 net new orders through end of AprilFirst passenger 777-9 for Lufthansa completed maiden flight on May 7Boeing logged 28 new 777X orders from undisclosed customersBy Dan Catchpole SEATTLE, May 12 (Reuters) - Boeing BA.N booked 135 net new orders in April, nearly matching its ...Reuters
Tue, May 12
AUTO FILE-Stellantis and Leapmotor go big, plus in the US: 'Save us from Chinese EVs!'
By Nick Carey May 12 (Reuters) - Sometimes, it’s the small data points that stand out. For two months running, Autotrader, Britain’s largest automotive marketplace, has been saying that fully electric cars have been cheaper on its platform than gasoline-burning combustion engine models.That comes...Reuters
Tue, May 12
Golf-McIlroy explains decision to skip PGA Tour event in favor of state dinner hosted by Trump
McIlroy skipped Doral event to attend White House state dinner hosted by Trump for UK royalsHe prioritised preparation for PGA Championship over travel and divided focus, he told reportersMcIlroy reflects on enjoying career perks and balancing competition with unique opportunitiesMay 12 (Reuters) - ...Reuters
Tue, May 12
Lithuania could contribute minesweeping capabilities in Hormuz, defence chief says
VILNIUS, May 12 (Reuters) - Lithuania could contribute minesweeping capabilities and resources for the headquarters of a potential mission to protect shipping in the Strait of Hormuz, the Baltic country's Chief of Defence General Raimundas Vaiksnoras said on Tuesday. "We are mostly focusing ...Reuters
Tue, May 12
Putin says Russia will deploy new Sarmat nuclear missile this year
MOSCOW, May 12 (Reuters) - Russia will deploy its new Sarmat strategic nuclear missile at the end of this year, President Vladimir Putin said on Tuesday, describing it as "the most powerful in the world".The planned deployment of the missile - designed to deliver nuclear warheads to strike t...Reuters
Tue, May 12
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