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Australia has expressed alarm over Meta’s decision to scrap fact-checking operations on Facebook and Instagram in the United States, labelling it a potential threat to democratic integrity. This step, which replaces professional fact-checkers with community-based posts, has sparked fears of an unchecked surge in false information online. The country, which has led regulatory efforts against misinformation globally, warns that the decision could have far-reaching consequences, undermining the reliability of digital platforms as sources of accurate...

Billionaire tech mogul Elon Musk has held private discussions with allies about how British prime minister Sir Keir Starmer could be unseated before the next general election, according to a report by The Financial Times. Musk, the world’s richest man and key confidant of US president-elect Donald Trump, is probing how he and his right-wing allies can destabilise the UK Labour government beyond the aggressive posts he has issued on his social media platform X,...

The operator of the global clothing chain Uniqlo reported first-quarter results on Thursday that, while showing a rise in profits, fell slightly short of analyst expectations. A sharp decline in profit in China overshadowed strong sales in its home market of Japan, highlighting the complexities of balancing global growth in a dynamic retail environment. Fast Retailing announced that its operating profit rose 7.4% to 157.6 billion yen ($996.84 million) in the three months ending November,...

A fast-moving wildfire freshly tore through the Hollywood Hills early Thursday, threatening a region synonymous with the American film industry. The blaze added to the strain on millions of Los Angeles residents already grappling with devastating fires that have decimated entire neighborhoods and turned the skies into a smoky, ember-filled haze. At least five lives have been lost, and tens of thousands remain under mandatory evacuation orders or warnings. The wildfires have scorched over 27,000...

Rolls-Royce CEO Chris Brownridge, like many importers, is aware of President-elect Donald Trump’s plans to impose a range of tariffs on various countries. However, he remains unperturbed, citing that business has rarely been better for the luxury carmaker, whose products start at $370,000. The company’s resilience, particularly in the face of potential trade barriers, underscores the unique dynamics of the ultra-luxury market. Record sales driven by bespoke commissions The automaker, now celebrating its 121st year,...