BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be driving a surge in activity at Mastodon, a German rival that prides itself on its decentralised, user-driven structure. “Looks like Mastodon’s active user base has increased by 110K (110,000) over the last day. Not bad,”…
By Lewis Jackson SYDNEY (Reuters) -PwC Australia has fired eight partners as part of an internal investigation into the leak of confidential government tax plans by another former partner, the firm said on Monday. The eight partners, who have left or are in the process of leaving, include former CEO Tom Seymour, who resigned in…
SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries, court filings showed. Sydney-based private company Facilitate Corp on June 29 filed the suit in the United…
By John Kruzel WASHINGTON (Reuters) – In its decision permitting an evangelical Christian web designer to refuse service for same-sex weddings, the U.S. Supreme Court again embraced an expansive view of religious interests at the expense of protections for LGBT people. In a 6-3 ruling on Friday powered by its conservative majority, the court backed…
By Andrew Osborn LONDON (Reuters) – Dmitry Medvedev, Russia’s former president, has warned that Moscow’s confrontation with the West will last decades and that its conflict with Ukraine could become permanent. Medvedev, once seen in the West as a liberal moderniser, has emerged as one of Russia’s most outspoken hawks since Moscow launched what it…
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Beijing from July 6-9 for meetings with senior Chinese officials on a broad range of issues, including U.S. concerns about a new Chinese counterespionage law, a senior Treasury official said on Sunday. Yellen’s long-anticipated trip is part of a push by…
LONDON (Reuters) -The July 4 holiday in the United States may well bring a quiet start to the week for world markets. But don’t bet on it. China and Japan are worried about currency weakness, meaning investors are alert for signs of action from authorities. Australia’s central bank meets and the most closely-watched U.S. economic…
By Yoruk Bahceli (Reuters) – Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into recession prove accurate. Headline inflation has eased but underlying pressures remain high, keeping central banks hawkish. Canada resumed tightening and Britain and…
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. The big question for the day is how will investors greet Tesla’s announcement on Sunday that it delivered a record 466,000 vehicles in the second quarter, topping market estimates of around 445,000. The outperformance may have been due to…
(Reuters) – DirecTV removed TV station owner Nexstar Media Group’s network and local community programming from its satellite, cable and streaming systems as they failed to reach a new distribution agreement, the companies said on Sunday. Nexstar, the largest local TV station owner in the U.S., said in a statement that satellite provider DirecTV rejected…
