The bill had faced a barrage of critics, including Democratic members of US Congress, who argued that threats of punitive measures against developers in a nascent field would throttle innovation.
A sell-off in tech firms dragged Asian markets down Thursday after investors were left disappointed by earnings from chip titan Nvidia that stoked concerns about the outlook for all things artificial intelligence.
The decision escalates a months-long feud between Musk and Brazilian Supreme Court Judge Alexandre de Moraes, who has previously ordered the suspension of dozens of accounts on X for allegedly spreading disinformation.
Durov, 39, was arrested at Le Bourget airport outside Paris late Saturday, and while the judicial authorities have repeatedly extended his initial period of detention, it can last a maximum of 96 hours.
Some 28 production lines at 14 group companies will suspend operations from Wednesday afternoon
Laser pistols loaded, hover bikes revved up, lizard-faced aliens in the crosshairs -- the latest "Star Wars" video game hits the shelves on Friday with its French publisher, Ubisoft, in need of a rescue mission.
UK Prime Minister Keir Starmer warned Tuesday that his new government's first budget in just over two months will be "painful", asking the country to "accept short-term pain for long-term good".
A string of supportive data in recent weeks and comments from top Federal Reserve officials have helped push equities higher in August after starting the month in turmoil on fears of a US recession.
The UAE said Tuesday it had requested consular services for Telegram's Pavel Durov after the Dubai-based tech boss was arrested in France over alleged failings to curb criminality on the app.
His arrest after flying into the Le Bourget airport outside Paris late Saturday is the latest extraordinary twist in the career of one of the world's most influential tech icons.
The regulator said the transfers were a "serious violation" of the European Union's General Data Protection Regulation (GDPR), as they failed to appropriately protect driver information.
The comments provided investors with an extra boost and helped put the August market turmoil behind them, though analysts warned to be on guard for any unexpected data that could burst the optimistic bubble.
The annual Jackson Hole Economic Symposium in the US state of Wyoming gives Powell a global platform to enlighten financial markets about the Fed's thinking, a few weeks after he said policymakers could cut rates "as soon as" September if the labor market remains solid and inflation continues to ease.
Asian and European equities rose ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation about how big an expected interest rate cut next month could be.
The decision by shareholders during its annual general meeting Thursday will provide a much-needed boost to the firm, which has underperformed the market in recent years owing to weak consumption and after a painful crackdown by Beijing on the tech industry.
The company announced after markets closed Thursday that Schneider would step down on September 1 after almost eight years in charge and be replaced by Nestle's Latin America chief, Laurent Freixe.
The readings reinforced optimism that the central bank will begin unwinding its long-running monetary tightening campaign, with analysts saying the main debate is over how big the move will be and how many more will follow.
Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Airlines Boeing 737 MAX in January bringing renewed pressure on the company.
Brussels last month slapped Chinese EVs with hefty provisional tariffs -- coming on top of current duties of 10 percent -- after an anti-subsidy probe found they were unfairly undermining European rivals.
The sector has faced unprecedented headwinds in recent years, with major firms failing to follow through on projects and a clampdown on property market speculation by Beijing.
The Federal Aviation Administration is requiring inspections after a report "of uncommanded movement of the captain's seat in the forward direction that caused a rapid descent," the agency said in a statement.
With recent data indicating the US economy remains in good shape as inflation slows and the labor market softens, there is widespread expectation the bank will finally start unwinding its long-running program of tight monetary policy next month.
If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel.
Investors appear to have got over the turmoil that beset trading floors earlier in the month as a string of data suggested that worries of a US recession had been overdone.
Stock markets mostly rallied Friday after encouraging US retail sales data reassured investors about the health of the world's biggest economy.
Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.
Chinese giants including Shein, Temu and AliExpress have skyrocketed in popularity around the world in recent years, offering a vast selection of trendy clothes and accessories at stunningly low prices.
The Escondida mine in northern Chile yearly digs up around five percent of the world's copper, a coveted metal used in everything from electrical wiring to rechargeable batteries.
The August 1 fire damaged hundreds of vehicles and created a national panic, with car parks across South Korea imposing a wave of adhoc restrictions amid growing calls for transparency on battery supply chains.
US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict against Hamas in Gaza could last "well into 2025" and weigh on economic activity.
