This week’s Current Climate newsletter also looks at how the U.S. EV market is about to get quirkier and the bipartisan appeal of recycling.
AliExpress has been hit with a €550 million (about $629 million) fine for violating Europe’s Digital Services Act (DSA) rules by failing to prevent illegal, unsafe, or counterfeit products from being sold on the e-commerce platform. The European Commission ruled that AliExpress didn’t take effective measures to reduce the dissemination of illegal products, noting the […]
China’s leading AI companies are ramping up the pressure on Silicon Valley, as Moonshot and Alibaba unveiled models they claim can go toe-to-toe with the best from OpenAI and Anthropic at a fraction of the cost. The rapid-fire releases suggest America’s lead at the AI frontier is increasingly tight, just as the technology is becoming […]
The European Commission’s EU ETS proposal slows carbon market cuts. Exclusive analysis: 2.4 billion extra tonnes of CO2 permitted, and green steel investments at risk.
According to the The New York Times, federal agents have been told that the FBI will no longer be investigating confrontations involving ICE agents. The DHS and DOJ denied the change in policy to The Times. The reported change in guidance follows renewed scrutiny of violence by ICE agents who have killed two people in […]
The manosphere influencers Andrew and Tristan Tate were arrested Saturday in Miami by US Marshals in relation to new rape and sex trafficking charges in England. According to the Associated Press, British authorities are seeking the brothers’ extradition. The new charges facing Andrew Tate include seven counts of rape, three of sex trafficking, three counts […]
SK Group Chairman Chey Tae-won said that prices for memory chips are “abnormally high” and that the industry must take steps to increase production and reduce prices. If it fails to do that, new entrants could challenge the incumbent leaders and make the market much more competitive, especially once demand falls back down to more manageable levels.
Food producer Taylor Farms released a statement on the Cyclospora outbreak Friday, confirming that it’s “voluntarily removing all iceberg lettuce sourced from central Mexico from the US market.” Reuters reports that, according to a source, Taylor Farms told customers like Yum Brands owner Taco Bell and the food distributor Sysco on Thursday to pull shredded […]
Federal authorities have arrested a Florida man suspected of stealing at least $220,000 in crypto through malware-infected Steam games, as reported earlier by local news outlet Local10. In the complaint, officials accuse 21-year-old Zyaire Wilkins and co-conspirators of launching eight malware-embedded games from around May 2024 to February 2026, allowing them to infect about 8,000 […]
Trump Media, the company behind Truth Social, is selling Wall Street faster access to the “most market-moving” posts on the US President’s social media platform. On Thursday, Trump Media announced plans to launch “Truth API,” a licensed real time data feed for businesses that provides “the fastest access to Truth Social’s most influential accounts.” It […]