Enlarge (credit: Bloomberg / Getty Images) On Wednesday, a court in the Netherlands ordered energy giant Royal Dutch Shell to cut its carbon emissions by 45 percent before the decade is over. Ruling on a suit filed by the Netherlands branch of Friends of the Earth, the court concluded that Royal Dutch Shell’s current plans […]
Enlarge The European Commission is on the verge of opening a formal probe of Facebook and its free Marketplace service, according to reports from Reuters and the Financial Times. While the scope of the investigation is still being determined, the European Commission, the bloc’s executive arm, has queried Facebook and its competitors on at least […]
Enlarge / Amazon boxes. (credit: Getty Images | Julie Clopper) The District of Columbia sued Amazon today, alleging that the online retail giant violated antitrust law with policies that prevent sellers from offering products at lower prices on other websites. “Amazon fixed online retail prices through contract provisions and policies” that “prevent third-party sellers that […]
Enlarge / Florida Gov. Ron DeSantis, speaks during during the Conservative Political Action Conference (CPAC) in Orlando, Florida, on Friday, Feb. 26, 2021. (credit: Getty Images | Bloomberg) Florida Gov. Ron DeSantis yesterday signed a bill into law to stop what he called the “censorship” of conservatives on social-media websites such as Twitter and Facebook. […]
Enlarge / A rendering of GE and Glosten’s actively managed tension leg platform for floating offshore wind projects. (credit: Glosten) The US took its first steps toward embracing offshore wind power earlier this month with the approval of the Vineyard Wind 1 project off the coast of Massachusetts. When the site is complete, 62 massive […]
Enlarge (credit: Getty Images) Researchers say they’ve uncovered never-before-seen disk-wiping malware that’s disguising itself as ransomware as it unleashes destructive attacks on Israeli targets. Apostle, as researchers at security firm SentinelOne are calling the malware, was initially deployed in an attempt to wipe data but failed to do so, likely because of a logic flaw […]
Enlarge / President Joe Biden speaks in the Roosevelt Room of the White House on Thursday, May 13, 2021. (credit: Getty Images | Bloomberg) President Biden has cut his broadband-deployment spending proposal from $100 billion to $65 billion, matching the lower amount proposed by Republicans. But Republicans still object to Biden’s overall infrastructure spending plan […]
Enlarge / Technicians inspect bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017. (credit: Qilai Shen/Bloomberg via Getty Images) Bitcoin took investors on another rollercoaster ride over the weekend after a top regulator in China announced a crackdown on mining, a new […]
Enlarge (credit: Aurich Lawson) The Russian-language online news channel was best known for its priestly presenters and conspiratorial musings about the global financial system plotting against Moscow—suspicions it viewed as confirmed last July when the Google-owned streaming service took the channel down over what it claimed was a US sanctions breach. Now Tsargrad is poised […]
Enlarge / A vial with the Pfizer Biontech vaccine. (credit: Thomas Lohnes | Getty Images) The world could “end the pandemic” in mid-2022 by vaccinating 60 percent of the population at a cost of $50 billion, the IMF has said, as rich countries and vaccine manufacturers pledged to address the inequality undermining the global response […]