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AP National Business

Africa internet riches plundered, contested by China broker

By ALAN SUDERMAN, FRANK BAJAK and RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a former top employee of

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African internet riches threatened by lawsuit and corruption

By ALAN SUDERMAN, FRANK BAJAK and RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a employee of the nonprofit

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Senators push Facebook exec on Instagram policies for youth

By MARCY GORDON and BARBARA ORTUTAY AP Business Writers WASHINGTON (AP) — Senators have fired a barrage of criticism at a Facebook executive over the social-networking giant’s handling of internal research on how its Instagram photo-sharing platform can harm teens. The lawmakers accused Facebook of concealing the negative findings about Instagram and demanded a commitment

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Gunmaker Smith & Wesson moving headquarters to Tennessee

By JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — Gun manufacturer Smith & Wesson plans to relocate its headquarters from Massachusetts in a $125 million investment expected to create 750 jobs in Tennessee. The company founded in 1852 is currently centered in Springfield, Massachusetts. Tennessee’s Department of Economic and Community Development says Smith & Wesson

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European Central Bank won’t overreact to fleeting inflation

FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde says Europe’s monetary authority isn’t about to “overreact” to temporary inflation by tightening policy. Lagarde said Tuesday that currently higher inflation of 3% in the eurozone is temporary, caused by bottlenecks and one-time factors. She said the bank still needs to nurture the ongoing recovery

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EU official: No dealing with ‘desperate’ Lukashenko

NICOSIA, Cyprus (AP) — The European Union’s home affairs commissioner says the 27-member bloc stands firm on its regime of sanctions against Belarus’ authoritarian president who’s “pushing” migrants into the EU out of “desperation.” EU commissioner Ylva  Johansson said Tuesday that President Alexander Lukashenko “can’t really deal” with the sanctions and is bringing migrants into

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‘The Big Delete:’ Inside Facebook’s crackdown in Germany

By DAVID KLEPPER Associated Press Days before Germany’s federal elections, Facebook removed a network of accounts that it said had spread COVID-19 misinformation and encouraged violent responses to COVID restrictions. The network was linked to the Querdenken movement, a loose coalition of German vaccine and mask opponents, conspiracy theorists and some far-right extremists. A review

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