Trump declares Canada trade talks ‘terminated’ due to tariff criticism
23 Oct

Trump declares Canada trade talks ‘terminated’ due to tariff criticism

Business News
​ Donald Trump has announced an immediate end to “all trade negotiations” with Canada over a television advertisement opposing US tariffs that quoted the former US president Ronald Reagan. The ad, which was paid for by the government of the Canadian province of Ontario, uses excerpts of a 1987 speech where Reagan says “trade barriers hurt every American worker”. Trump posted on his Truth Social platform that Canada had “fraudulently used an advertisment[sic]”, which he called “FAKE”, and accused the country of trying to interfere with US court decisions on the levies. “Based on their egregious behavior, all trade negotiations…
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Trump halts Canada trade talks over ‘FAKE’ Ronald Reagan tariff advertisement
23 Oct

Trump halts Canada trade talks over ‘FAKE’ Ronald Reagan tariff advertisement

News in Focus
​ President Donald Trump announced Thursday that trade negotiations with Canada have been terminated over a misleading advertisement featuring former President Ronald Reagan speaking out against tariffs. "The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about Tariffs," Trump wrote on Truth Social. "The ad was for $75,000,000. They only did this to interfere with the decision of the U.S. Supreme Court, and other courts," he continued. US BUSINESSES AND CONSUMERS SHOULDER THE BULK OF TARIFF COST BURDEN, GOLDMAN SACHS FINDS President Donald Trump announced that trade…
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The TikTok influence on news and its significance for visibility
23 Oct

The TikTok influence on news and its significance for visibility

Politics
In his seminal book “Amusing Ourselves to Death,” the late Neil Postman rued a media landscape in which news was presented in ever shrinking nuggets of time. “While brevity does not always suggest triviality, in this case it clearly does. It’s simply not possible to convey a sense of seriousness about any event if its implications are exhausted in less than one minute’s time,” he wrote. At the time Postman was writing, the average length of a news story presented on television was 45 seconds. It would be more than three decades before TikTok was launched in the U.S., with…
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Meta lays off 600 employees as AI automation increases efficiency
23 Oct

Meta lays off 600 employees as AI automation increases efficiency

News in Focus
​ Meta is cutting around 600 jobs within its artificial intelligence unit, a move it says aims to boost efficiency. The layoffs to Meta's Superintelligence Labs division, which has nearly 3,000 employees, come as the company's efforts to lean into AI had become overly bureaucratic, and the social media giant hopes the cuts will produce a more efficient workflow, an internal memo showed, according to Axios. "By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact," Meta chief AI officer Alexandr…
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