Author: ALJAZEERA

Canadian Prime Minister Mark Carney took office last year amid a flurry of aggressive actions by his country’s southern neighbour. A recently sworn-in United States president, Donald Trump, slapped tariffs on Canadian exports and threatened to make the US neighbour the 51st state.The actions were particularly damning as Canada had deep trade and security ties with the US, not only sending nearly 80 percent of its exports to that market, but also often following lockstep on geopolitical policy and strategic moves.Recommended Stories list of 4 itemsend of listAll that was thrown aside when Trump took office, and Canada, under former…

Elon Musk has taken the stand at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.The world’s richest person is suing OpenAI, its cofounder and chief executive officer, Sam Altman, and its president, Greg Brockman, and said on the stand on Tuesday that they betrayed him and the public by abandoning OpenAI’s mission to be a benevolent steward of AI for humanity and transforming the nonprofit into a profit-seeking juggernaut.Recommended Stories list of 4 itemsend of list“If we make it OK to loot a charity, the entire foundation…

The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.Published On 27 Apr 202627 Apr 2026Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence.The trial, which is scheduled to begin on Monday with jury selection, centres on the 2015 birth of ChatGPT maker OpenAI as a nonprofit start-up primarily funded by Musk before evolving into a capitalistic venture now valued at $852bn.Recommended Stories list…

Sydney, Australia – Until recently, Rosco Jewell sold about one used electric vehicle every two months on his online marketplace, Amazing EV.But in the weeks since the United States and Israel launched their war on Iran, Jewell has been shifting a second-hand EV roughly every two weeks.Recommended Stories list of 4 itemsend of list“It is now getting very hard to find used EVs to buy in the $20,000 to $50,000 range. And we’ve also seen prices increase by 10 to 15 percent – in some cases, 20 percent as well,” the Sydney-based businessman told Al Jazeera.As conflict in the Middle…

United States President Donald Trump has been evacuated from the White House correspondents’ dinner in Washington, DC, after shots were fired outside the event.Trump was rushed offstage at the Washington Hilton hotel on Saturday evening after gunfire broke out outside the ballroom where the annual media gala was taking place.The president, First Lady Melania Trump, and Trump’s Cabinet were unharmed in the attack.In a news conference after the incident, Trump said a man armed with multiple weapons had charged a security checkpoint and was “taken down” by the Secret Service.Trump described the suspect as a “very sick person” and a…

Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections, even though impact on lowering fuel prices is questionable.Published On 24 Apr 202624 Apr 2026United States President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertiliser around the US, the White House has said, the latest effort to curb rising energy costs linked to the war with Iran.Friday’s move, even though its impact on lowering prices is questionable, reflects a broader push by the White House to dampen politically sensitive…

Meta will lay off 8,000 workers while Microsoft is offering buyouts to 8,750 people, a first for the Windows maker.Published On 23 Apr 202623 Apr 2026Meta is laying off about 8,000 workers, or about 10 percent of its workforce, the company has said as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.On Thursday, the company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg, which also said the company will leave about 6,000 jobs unfilled.Recommended Stories…

Bessent has pushed back on allegations that the Trump family’s financial ties with UAE are driving the decision to offer a swap line.United States Secretary of the Treasury Scott Bessent has said that several allies in the Gulf region and Asia have requested currency swap lines from the US to help them with the energy shocks and other fallout from the US-Israel war on Iran.Bessent told US senators on Wednesday that both the US and the United Arab Emirates would benefit from a proposed swap line – the act of central banks exchanging currency to provide liquidity that can stabilise…

Kevin Warsh, United States President Donald Trump’s pick to lead the Federal Reserve, has addressed concerns about his independence pending his appointment to the bank amid fears that Trump could sway his decisions on monetary policy.On Tuesday, Warsh — who served on the central bank’s Board of Governors from 2006 to 2011 — faced waves of criticism during a confirmation hearing of the Senate Banking Committee where Democrats voiced concerns about the Fed’s independence should he be appointed to lead the organisation.Recommended Stories list of 4 itemsend of listSenator Elizabeth Warren of Massachusetts, the ranking Democrat on the committee, questioned…

Cook will turn over CEO duties to Apple’s head of hardware engineering, John Ternus, on September 1, and will stay on as executive chairman.Published On 20 Apr 202620 Apr 2026Apple CEO Tim Cook is stepping down from the job he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fuelled era of prosperity.The company made the announcement on Monday.Recommended Stories list of 4 itemsend of listCook, 65, will turn over the CEO duties to Apple’s head of hardware engineering, John Ternus, on September 1,…