Network fee on Big Tech not a viable solution to boost EU digital rollout

Network fee on Big Tech not a viable solution to boost EU digital rollout

The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange , Telefonica and Telecom Italia against Alphabet’s Google, […]

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The rise and fall of Trump and Musk’s partnership

The rise and fall of Trump and Musk’s partnership

Last week, the Internet witnessed the spectacular implosion of one of the most unconventional alliances in modern American politics. What had once been an uneasy partnership between the billionaire CEO of Tesla and X, Elon Musk, and U.S. President Donald Trump, blew into a full-blown public feud. Mr. Musk accused the 78-year-old President of “total […]

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Trump threatens new tariffs on European Union and Apple, reigniting trade fears

Trump threatens new tariffs on European Union and Apple, reigniting trade fears

U .S. President Donald Trump threatened on Friday to ratchet up his trade war again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all imported iPhones bought by U.S. consumers. The twin threats, delivered via social media, roiled global markets after […]

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White House calls OPEC Plus supply decision ‘shortsighted’

White House calls OPEC Plus supply decision ‘shortsighted’

Biden to consult with the U.S. Congress on mechanisms available to reduce OPEC’s control of energy prices. Biden to consult with the U.S. Congress on mechanisms available to reduce OPEC’s control of energy prices. Reacting to the oil cartel OPEC’s (Organization of the Petroleum Exporting Countries) decision to cut production, the White House said U.S. […]

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Elton John plays at White House as part of farewell tour

Elton John plays at White House as part of farewell tour

U.S. President Joe Biden participated as Elton John transformed the White House South Lawn into a musical lovefest Friday night as part of his farewell tour that began in June U.S. President Joe Biden participated as Elton John transformed the White House South Lawn into a musical lovefest Friday night as part of his farewell […]

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Official portraits of former President Barack Obama and wife Michelle unveiled at White House

Official portraits of former President Barack Obama and wife Michelle unveiled at White House

And for the first time, the official names of the artists have been revealed — Robert McCurdy, who painted President Obama’s portrait, and Sharon Sprung, the artist behind Ms. Michelle Obama’s portrait And for the first time, the official names of the artists have been revealed — Robert McCurdy, who painted President Obama’s portrait, and […]

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Russia, rejecting default, tells investors to go to western financial agents

Russia, rejecting default, tells investors to go to western financial agents

White House says Russia has defaulted on its external debt; Kremlin, finance ministry deny default, say Euroclear blocked payments White House says Russia has defaulted on its external debt; Kremlin, finance ministry deny default, say Euroclear blocked payments Russia rejected claims on Monday that it had defaulted on its external debt for the first time […]

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U.S. Secretary of State Antony Blinken tests positive for COVID-19

U.S. Secretary of State Antony Blinken tests positive for COVID-19

Antony Blinker has mild symptoms, says U.S. State department Antony Blinker has mild symptoms, says U.S. State department The State Department said that Secretary of State Antony Blinken has tested positive for COVID-19 after attending the White House Correspondents’ Dinner and related events over the weekend. Spokesman Ned Price said Mr. Blinken tested positive in […]

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