LOS ANGELES--(BUSINESS WIRE)--Jun 1, 2023--

The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging

Bad Bunny and some of the music industry's biggest stars want a lawsuit that alleges copyright infringement of a reggaeton song from 1989 thrown out of court.

Alibaba Group Holding Ltd.’s options are flashing positive signs ahead of the Chinese tech company’s June quarter results.

Almost nobody wants to miss out on the brisk rally in US tech. That’s the broad consensus from

X, the platform formerly known as Twitter, has stopped working. The site broke hours after Elon Musk said that he is planning to force everyone to pay for access to the site. Some parts of X continued to load, for some people. But users had problems with much of the site, including loading tweets and their timelines. Tracking website Down Detector showed a huge influx of reports of problems on Tuesday afternoon, across the world. That site depends on reports from X, and so may experience problems itself. Mr Musk told Israeli prime minister Benjamin Netanyahu that the subscription fee was necessary to avoid “vast armies of bots” that he claimed have taken over the service. “We’re actually going to come up with a lower tier pricing... we just want it to be a small amount of money,” he said. “This is a longer discussion, but, in my view, this is actually the only defence against vast armies of bots.” Ever since completing his takeover of the platform formerly known as Twitter last year, the Tesla and SpaceX boss has spoken extensively about wanting to boost X’s income through new revenue streams, including subscription models. When launching Twitter Blue - now known as X Premium - a number of features which had previously been free to all users were placed behind the subscription paywall in an effort to spark more sign-ups for the paid version of the site. The need for new, different forms of income has become vital for Mr Musk after X advertising revenue plummeted in the wake of his takeover amid concern over his support for absolute free speech and more relaxed content moderation as a result. A number of advertisers went on to reduce or completely stop their advertising on the site. Mr Musk has previously said several campaign groups have falsely accused him and X of being antisemitic, costing the site millions in lost revenue because of advertising boycotts as a result. In his conversation with Mr Netanyahu, the Israeli leader said he knows Mr Musk is “committed” to stopping antisemitism after the billionaire reiterated he is against hate speech. Additional reporting by agencies Read More How does Russell Brand make money online? Elon Musk wants all Twitter users to pay a monthly fee Elon Musk’s X finally agrees to try and settle Twitter’s mass layoffs lawsuit Twitter rival Bluesky hits new milestone Famed tech journalist deletes X account with epic rant at Elon Musk Why is Elon Musk obsessed with the letter X?

U.S. Bancorp's Andy Cecere forecast a "moderate" recession that would be short and "not very deep in terms

China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in

The roads will be crowded this Fourth of July weekend, but travelers have at least one thing going for them: much cheaper gas prices than last year.

MINNEAPOLIS--(BUSINESS WIRE)--Oct 31, 2023--

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called new plans for more stringent capital rules “hugely

Philippine President Ferdinand Marcos Jr. said he will have a meeting with Chinese President Xi Jinping to discuss