• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Australian S&P/ASX 200 index reversed its trend and is currently up 0.1%.Houthi military spokesman Yahya Sarreya stated that the armed forces had previously successfully attacked Khalid International Airport in Riyadh, Saudi Arabia, with ballistic missiles, hitting the target precisely. They also successfully used multiple drones to strike oil transport terminals in the east and west, hitting their targets accurately.Japanese Chief Cabinet Secretary Minoru Kihara: Cyberattacks pose a serious threat to public safety and security, and urgent countermeasures are needed.October 26th - According to MaceNews, the Bank of Japan (BOJ) is expected to keep its policy rate unchanged at 1.25% at its October meeting. BOJ Governor Kazuo Ueda hinted that consecutive rate hikes are unnecessary, but the rate will have to rise further towards the neutral level. Board member Junko Koeda also stated last week that the central bank should not be overly cautious on the issue of rate hikes. MaceNews believes the most likely path is a rate hike to 1.50% in December or January, followed by a rise to 1.75% in March or April. This would continue the relatively rapid pace of rate hikes every three to four months. The committee is broadly divided into four camps. Hawks Hajime Takada and Naoki Tamura may begin pushing for the next rate hike on Friday, laying the groundwork for possible action at the December meeting. On the dovish side, Toshiro Asada and Ayano Sato have voted against recent rate hikes. On the data front, Tokyos October CPI is expected to show all three key indicators between 2.7% and 2.8%, partially reflecting the fading impact of local government fiscal support. September employment, industrial production, and retail sales data will also be released.Saudi-led coalition spokesman Turki al-Maliki: We will continue to dismantle the Houthi ballistic missile network.

EU Industry Chief Breton, Musk Signal Agreement on Digital Services Act

Charlie Brooks

May 10, 2022 10:12

E2.png


EU industry chief Thierry Breton met Tesla (NASDAQ:TSLA) Inc CEO Elon Musk in Texas on Monday, and the two signaled agreement on EU digital media legislation prior to Musk's acquisition of Twitter Inc (NYSE:TWTR).


The meeting takes place weeks after the world's richest man reached an agreement to purchase the social media business for $44 billion in cash.


In a video of the two men released on Twitter by Breton, the EU official says he explained the Digital Services Act to Musk. In a tweet using the hashtag #DSA, Breton tells Musk, "It fits fairly well with what you think we should accomplish."


Musk responds, "I believe it aligns perfectly with my philosophy.


The two did not elaborate on the new rule, which imposes severe fines on corporations that fail to monitor illicit information. The laws prohibit, for instance, advertising directed at children or based on religion, gender, race, or political views.


Musk got the contract to purchase Twitter last month by promising to revitalize the firm and increase the number of users by clamping down on spam bots and reducing the amount of moderation to promote more "free speech."


The billionaire's remarks spurred Breton to respond that Twitter must comply with new EU regulations known as the Digital Services Act, which target illicit online activity.


Breton and Musk were anticipated to discuss global supply chain challenges during the EU official's visit to Tesla Inc.'s new Austin plant.