U.S. air strikes set back Iran’s nuclear programme by up to two years, Pentagon says
The Pentagon says U.S. strikes on Iranian nuclear sites have degraded Tehran’s programme by as much as two years, following attacks last month that ...
The U.S. FTC has opened a broad antitrust investigation into Microsoft, focusing on cloud computing, licensing practices, and AI products, amid allegations of market abuse.
The U.S. Federal Trade Commission (FTC) has launched a comprehensive antitrust investigation into Microsoft, focusing on its software licensing and cloud computing operations.
The probe, approved by FTC Chair Lina Khan before her expected departure in January, comes amidst uncertainty over enforcement priorities under the incoming administration of President-elect Donald Trump.
The FTC is investigating allegations that Microsoft uses restrictive licensing terms to prevent customers from transferring data from its Azure cloud service to competing platforms. The agency is also examining Microsoft's practices in cybersecurity and artificial intelligence products.
Competitors have accused the company of locking customers into its Azure platform, with groups like NetChoice criticising its licensing policies and AI integrations.
Last year, Google filed a complaint with the European Commission, claiming Microsoft charged a 400% markup for running Windows Server on rival cloud platforms and provided delayed security updates. Similar concerns have been raised by other industry players, including Amazon and Google, who compete with Microsoft in cloud computing.
Microsoft, which declined to comment, has generally avoided the heightened scrutiny faced by other Big Tech firms like Google, Apple, Meta, and Amazon.
However, the FTC has already examined Microsoft's activities in artificial intelligence and its $650 million deal with Inflection AI.
While some expect Trump’s administration to adopt a more lenient approach towards Big Tech, past actions, including lawsuits against Google and Meta, indicate that ongoing investigations may continue regardless of leadership changes.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A multimodal cargo airport in Azerbaijan’s Alat Free Economic Zone (FEZ) is scheduled for commissioning in Q1 2027, the deputy head of the FEZ governing body Ismail Manafov announced.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Oil prices plunged more than 12% last week, ending a three-week rally, with experts expecting them to stabilize around $60 if the fragile ceasefire between Israel and Iran holds.
The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding (MoU) to formalize a strategic partnership focused on advancing sustainable infrastructure in shared priority regions.
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
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