Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to “health reasons”, after state-backed media reported he had been taken away by authorities. The company also warned on Monday of a net loss of approximately 45 billion yuan ($6.2 billion) last year. Chinese outlet the Economic...

In Brazil, disinformation deals Lula a bruising defeat

An avalanche of disinformation about a new economic measure proved so tricky for Brazil’s government to navigate that they backtracked entirely this week in a rout egged on by the opposition. The political fiasco centered around the beloved instant money transfer system known as PIX, used tens of millions of...

Instagram courts TikTok stars during turbulent times

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app’s future remains uncertain in the United States. After officially increasing the allowed length of videos and adding a new editing tool, Meta recently began letting TikTok creators earn as much as $5,000 over the course of...

Apple sidelines AI news summaries due to errors

Apple pushed out a software update on Thursday which disabled news headlines and summaries generated using artificial intelligence that were lambasted for getting facts wrong. The move by the tech titan comes as it enhances its latest lineup of devices with “Apple Intelligence” in a market keen for assurance that...

Rubber tappers forge sustainable future in Amazon

As the sun rises over the Amazonian island of Marajo, Renato Cordeiro laces up his boots, grabs his knife, and heads out to tap his rubber trees.  Drop by drop, he collects the milky white sap, known as latex, that sustains him. The recent revival of the rubber tapper trade...