Trump eyes 'world tariff' of 15-20% for most countries
President Donald Trump announced on Monday that countries without separate trade agreements with the United States could soon face tariffs ranging fro...
Instagram has announced Edits, a new mobile-focused video editing platform set to launch in February. The app arrives as TikTok and CapCut face regulatory challenges in the U.S., positioning Instagram as a stronger competitor in the video creation market.
Instagram has introduced Edits, a new video editing platform aimed at mobile users, offering a comprehensive set of tools for content creation.
Instagram president Adam Mosseri announced the platform in a video on social media, stating that the company’s goal is to provide innovative video tools not only for Instagram but also for other platforms.
The app is currently available for pre-registration and is set for an official launch in February, with the App Store listing a release date of 13 March.
The launch comes amid challenges faced by TikTok and CapCut, both owned by China’s ByteDance, in the United States. TikTok was recently temporarily banned over national security concerns, intensifying competition in the video app market.
President-elect Donald Trump has expressed willingness to extend restrictions on TikTok unless its U.S. operations shift further towards American investors.
With TikTok and CapCut facing regulatory hurdles, Instagram aims to strengthen its position by positioning Edits as a powerful tool for video creation and editing.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
European automakers including BMW and Mercedes-Benz are set to gain €4 billion from a new EU-U.S. trade agreement that lowers tariffs on vehicle exports. The move offers relief in a key market but still leaves duties higher than pre-2024 levels.
Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies could have hurt economic activity and limited fuel demand.
Billionaire Elon Musk has confirmed that Tesla will source $16.5 billion (about £12.8 billion) worth of chips from Samsung Electronics until 2033, marking a major win for the South Korean firm’s struggling chip foundry business.
Volkswagen cut its 2025 forecast after U.S. tariffs slashed €1.3 billion from profits, but strong EV demand and European sales offer signs of recovery.
The International Monetary Fund (IMF) has approved a $625 million loan programme for Chad to support economic growth and social spending amid regional and economic challenges.
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