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Meta Profits Soar But Costs Of AI Cause Worry

The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.

US Announces Sweeping Cuts To Power Sector Carbon Emissions

Hailed as among the most significant tools ever developed for reducing greenhouse gases from the power sector, the rules will require existing coal-fired plants and new high capacity gas-fired plants to reduce their carbon dioxide output by 90 percent, once they take effect.

Biden Pledges Swift Weapons Delivery To Ukraine

Congress approved on Tuesday the long-delayed legislation, which also contained a measure to ban TikTok in the United States if the popular social media app does not cut ties with its Chinese parent company.

Bill To Ban TikTok In US Clears Congress

The measure was part of a $95 billion foreign aid package, including military assistance to Ukraine, Israel and Taiwan, which has now cleared Congress and heads to President Joe Biden's desk.

Recycled 'Zombie' Misinformation Targets US Voters

Americans are deluged with misinformation about political hot-button issues that observers say have the potential to sway voters in the widely anticipated rematch between President Joe Biden and Donald Trump in November.

Blinken Back In China Seeking Pressure But Also Stability

The US diplomat will meet China's top brass on Friday in Beijing, where he is also expected to plead for restraint as Taiwan inaugurates a new leader, and to raise US concerns on Chinese trade practices -- a vital issue for President Joe Biden in an election year.

EU Opens Probe Into China's Medical Device Market

Brussels fears China is favoring its own suppliers when it comes to the procurement of medical devices. The EU's official administrative journal, announcing the probe, set out ways that could be happening, including through a "Buy China" policy.

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