ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.   In 2007, Jeff Bezos, then a multibillionaire and now the world’s...

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In a massive internet outage, several popular websites including leading news portals on Tuesday went off the grid globally, including Reddit, Spotify, Twitch, GitHub, Hulu, HBO Max, CNN, the Guardian, the New York Times, the BBC, the Financial Times and more.   The technical glitch...

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As Twitter fights new IT rules in India amid an intense scrutiny of its platform, a local court in Russia has fined Twitter 19 million rubles (about $259,000) for its failure to remove banned content, including calls for unauthorised protests, increasing fines on the company to 27.9 million...

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Five months before DarkSide attacked the Colonial pipeline, two researchers discovered a way to rescue its ransomware victims. Then an antivirus company’s announcement alerted the hackers.   On 11 January 2021, antivirus company Bitdefender said it was “happy to announce” a startling...

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Proponents of lab escape can explain all the available facts about SARS2 considerably more easily than can those who favour natural emergence, said Nicholas Wade, a science writer.   Writing in the Bulletin of Atomic Scientists, Wade said, "For the lab escape scenario, a Wuhan origin...

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The European Commission (EC) has levied a total fine of 371 million pounds on Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) for breaching antitrust rules of the European Union (EU) through participation of a group of traders in a cartel in the...

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As Covid-19 spread around the world, stock markets across countries took a major hit, yet markets in China where the disease first struck avoided significant falls, a new study has shown.   Researchers at Lero, the Science Foundation Ireland Research Centre for Software based at the...

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Recent findings in a report in an Australian daily has yet again reinforced the call that international investigators must dig deeper to rule out whether COVID-19 is a made-in-China bio-weapon.   The controversy about COVID-19 origins has resurfaced after the Weekend Australian...

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The US has backed the request by India and South Africa to the World Trade Organization (WTO) to waive Intellectual Property rights for Covid-19 vaccines but it has been met with oppostion from some members of the body.   US Trade Representative Katherine Tai announced the decision on...

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In a significant development, the independent Oversight Board on Wednesday upheld Facebook's decision on January 7 to suspend then US President Donald Trump from its main platform and Instagram.   The Board found that Trump's posts severely violated Facebook's rules, and his words of...

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The vaccine rollout was meant to prioritize vulnerable communities, but four months of data shows healthier — and often wealthier — counties have been faster to vaccinate.   As the U.S. rushes to vaccinate its population against the coronavirus, most counties with the sickest...

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The US Federal Reserve’s low-interest-rate policies have stabilized the economy and turbocharged the stock market. But those who don’t own lots of stocks haven’t benefited anywhere near as much as those who do.   Ever since the COVID-19 pandemic struck, the Federal Reserve has gotten...

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In what could be another Autopilot mode failure, two people were killed in a fiery Tesla crash in Texas with no one in the driver's seat.   Harris County Precinct 4 Constable Mark Herman told Houston television station KPRC 2 that the investigation showed "no one was driving" the...

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The distinctive geopolitical story of recent times has been the inexorable rise of China as a superpower and the conflict with the US for global supremacy. Unsurprisingly, there are divergent views on how the rivalry may play out.    Some people believe a war between the two nations...

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Controversial Bollywood actress Mamata Kulkarni's husband Vicky Goswami extradited by the US Drug Enforcement Administration (DEA), leaves a trail of several drug traffickers from the Indian sub-continent which are presently wanted by Washington.   While Goswami is jailed in New York,...

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Credit Suisse has taken a hit of around $4.7 billion because of the default by a major US-based hedge fund on margin calls.   "While our financial results are still subject to detailed finalisation and review, we would expect to report a pre-tax loss for 1Q 2021 of approximately...

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House Democrats investigating the COVID-19 response say Trump adviser Peter Navarro pressured agencies to award deals worth hundreds of millions of dollars.   A top adviser to former President Donald Trump pressured agency officials to reward politically connected or otherwise...

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Facebook has kicked off former US President Donald Trump for the second time from its platform as he tried to evade the ban by posting an interview via a Facebook Page in the name of his daughter-in-law Lara Trump.   Lara is married to Eric Frederick Trump, third child and second son...

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During the past few days, the rising yield of the 10-year US treasury has attracted the attention of the bond and stock investors all over the world. The yield in a very short period of 75 days had crossed the level of 1.75% on 18th March, creating panic among investors in bonds and growth...

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The container ship that blocked the Suez Canal has been freed and is now on the move.   Reports said the Ever Given was under way and heading for the Great Bitter Lake further along the canal, about 45km away. Boskalis, the salvage company involved in the rescue, said the ship would...

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