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Disney and ABC sue Trumps media regulator to stop early licence renewal
Posted onDisney and ABC have filed a lawsuit to stop the Trump administration from launching an early licence renewal process, arguing that the network is being unfairly targeted over its editorial content. “Government censorship is deeply un-American,” the lawsuit says. “This case concerns the Administration’s sustained effort to do just that.” The lawsuit says the Federal…
ECB holds interest rates at 2%
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
Asos hackers took more personal details than first revealed, BBC finds
Posted onAsos has told its customers that hackers are in possession of detailed profiles of potentially millions of the online store’s users. It issued the update after BBC News told the retailer it had been contacted by cyber criminals who said this week’s breach went beyond the “basic contact details” Asos previously said might have been…
AI firms must answer for rogue bots, says Hugging Face boss
Posted onThe boss of one of the companies recently hacked by out-of-control artificial intelligence (AI) says bot makers must be accountable for cyber attacks carried out by their creations. Clement Delangue’s company Hugging Face was breached by a rogue OpenAI bot that broke out of a test environment and autonomously attacked his firm earlier this month….
Gold tops $5,000 for first time ever, adding to historic rally
Posted onPeter Hoskinsand Adam Hancock,Business reporters Hiba Kola/Reuters The price of gold has risen above $5,000 (£3,659) an ounce for the first time ever, extending a historic rally that saw the precious metal jump by more than 60% in 2025. It comes as tensions between the US and NATO over Greenland have added to growing concerns…
