The federal reserve rate hike on Wednesday led to a deep selloff in US regional banks on Thursday. Now, the fear is that another financial shoe may soon drop.

Bank rout rages on in US after Fed rate hikes

Embattled US pharma giant Johnson & Johnson has brought cheers to the otherwise sombre US stock markets. The pharma giant's new consumer health business, Kenvue, has had an impressive debut on listing day on the US stock exchange.

J&J's new unit Kenvue's blockbuster stock debut

Tech giant Apple has surprised analysts by posting better-than-expected sales and revenue numbers in the second quarter. The company reported a total revenue of 94 billion dollars, higher than analysts' prediction of 92.6 billion dollars. Sales of iPhones, too, did better than what analysts expected.

Apple's earnings results beat estimates

Shopify is selling off its logistics business to flexport. This strategic decision means that the company will shrink by over 2,000 people.

Shopify cuts jobs for the second time in 10 months

Saudi Arabia, the world's biggest oil producer, has lowered its oil prices for Asia. That is driven by concerns that a global economic slowdown could hurt oil demand. State-controlled Saudi Aramco's key Arab light-grade crude was reduced to 2.55 dollars a barrel for June.

Saudi Arabia cuts oil prices for Asia

When Adidas' shareholders meet next week, two prominent German investors announced their intention to vote against Adidas AG's management. The Yeezy crisis and poor sales are the top reasons for investors' frustration.

Adidas faces investor unrest

Here, we bring you the news that is trending across WION's social media platforms - Turkey sent Mexico a new search puppy on Wednesday after their rescue dog passed away while assisting the Mexican Army in finding survivors of the earthquake that struck Turkey and Syria on February 6.

Turkey sends puppy to Mexico after death of rescue dog in quake operation

In the latest, Ukrainian Air Force shot down one of its own drones which they&nbsp;say&nbsp;had lost control above Kyiv. On the&nbsp;“Shakahola forest massacre”, a court in Kenya has released a pastor accused of&nbsp;inciting cult members to starve to death. In other news, red-hot rock and ash streamed down the slopes of Guatemala's Volcano of Fire towards an area ravaged by a devastating 2018 eruption, forcing over 250 families to evacuate.&nbsp;

Click on the headlines to read more.

<a href="https://www.wionews.com/world/russian-authorities-shoot-down-drone-near-airbase-in-crimea-588984">Ukraine downs&nbsp;own drone over Kyiv after it 'lost control'</a>

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Hours after a series of&nbsp;explosions shook the capital, the Ukrainian air force said it downed its own drone that lost control over Kyiv on Thursday, reported AFP. 
 
"At about 8:00 pm (1700 GMT) a Bayraktar TB2 unmanned aerial device lost control during a scheduled flight in the Kyiv region...the target was destroyed!" said the air force, as quoted by AFP, and cited the cause as a "likely" technical malfunction.

<a href="https://www.wionews.com/world/court-releases-pastor-accused-of-links-to-kenya-starvation-death-cults-leader-589019">Court releases pastor accused of links to Kenya starvation death cult’s leader</a>

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A court in Kenya released the rich and well-known televangelist, on Thursday (May 4) after he was detained last week for the ongoing investigation into the religious starvation cult where at least 109 people were found buried in what has been dubbed the “Shakahola forest massacre.” The bodies were found last month after which the police said that these people had starved themselves to death on the instructions of a cult leader.

<a href="https://www.wionews.com/world/guatemala-more-than-300-people-evacuated-as-volcano-of-fire-erupts-589030">Guatemala: More than 300 people evacuated as ‘Volcano of Fire’ erupts</a>

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Authorities in Guatemala scramble to evacuate hundreds of people after Central America's most active volcano, often known as the ‘Volcano of Fire’ erupted Thursday (May 4). Firefighters said residents of the hamlet of Panimache were taken to shelters, reported the Associated Press.&nbsp;

A civil protection official Rodolfo Garcia told AFP, that some 350 residents were evacuated from communities near the foot of the volcano which was seen spewing thick clouds of ash over farms and towns not far from the capital city.

<a href="https://www.wionews.com/world/china-denies-targeting-canadian-lawmaker-amid-diplomat-expulsion-row-589032">China denies targeting Canadian lawmaker amid diplomat expulsion row</a>

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After the diplomat expulsion row with Canada, China on Thursday denied claims of Chinese diplomats targeting a Canadian MP for his anti-Beijing stance.&nbsp;Canadian Foreign Minister Melanie Joly said Thursday that she will consider expelling Chinese diplomats. This comes after a 2021 Canadian &nbsp;intelligence report indicated that one of these Chinese diplomats tried to intimidate a Canadian lawmaker's relatives living in Hong Kong.&nbsp;

WATCH |&nbsp;Four Proud Boys convicted of seditious conspiracy over US Capitol riot

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In the latest, Ukrainian Air Force shot down one of its own drones which they say had lost control above Kyiv. On the “Shakahola forest massacre”, a court in Kenya has released a pastor accused of inciting cult members to starve to death.

In the latest, Ukrainian Air Force shot down one of its own drones which they say had lost control above Kyiv. On the “Shakahola forest massacre”, a court in Kenya has released a pastor accused of inciting cult members to starve to death. In other news, red-hot rock and ash streamed down the slopes of Guatemala's Volcano of Fire towards an area ravaged by a devastating 2018 eruption, forcing over 250 families to evacuate. Click on the headlines to read more. Ukraine downs own drone over Kyiv after it 'lost control' Hours after a series of explosions shook the capital, the Ukrainian air force said it downed its own drone that lost control over Kyiv on Thursday, reported AFP. "At about 8:00 pm (1700 GMT) a Bayraktar TB2 unmanned aerial device lost control during a scheduled flight in the Kyiv region...the target was destroyed!" said the air force, as quoted by AFP, and cited the cause as a "likely" technical malfunction. Court releases pastor accused of links to Kenya starvation death cult’s leader A court in Kenya released the rich and well-known televangelist, on Thursday (May 4) after he was detained last week for the ongoing investigation into the religious starvation cult where at least 109 people were found buried in what has been dubbed the “Shakahola forest massacre.” The bodies were found last month after which the police said that these people had starved themselves to death on the instructions of a cult leader. Guatemala: More than 300 people evacuated as ‘Volcano of Fire’ erupts Authorities in Guatemala scramble to evacuate hundreds of people after Central America's most active volcano, often known as the ‘Volcano of Fire’ erupted Thursday (May 4). Firefighters said residents of the hamlet of Panimache were taken to shelters, reported the Associated Press. A civil protection official Rodolfo Garcia told AFP, that some 350 residents were evacuated from communities near the foot of the volcano which was seen spewing thick clouds of ash over farms and towns not far from the capital city. China denies targeting Canadian lawmaker amid diplomat expulsion row After the diplomat expulsion row with Canada, China on Thursday denied claims of Chinese diplomats targeting a Canadian MP for his anti-Beijing stance. Canadian Foreign Minister Melanie Joly said Thursday that she will consider expelling Chinese diplomats. This comes after a 2021 Canadian intelligence report indicated that one of these Chinese diplomats tried to intimidate a Canadian lawmaker's relatives living in Hong Kong. WATCH | Four Proud Boys convicted of seditious conspiracy over US Capitol riot

Morning news brief: Ukraine downs own drone, 'Volcano of fire' erupts in Guatemala, and more

Pakistan's foreign minister Bilawal Bhutto-Zardari arrived in Goa on Thursday to attend a conclave of the Shanghai Cooperation Organisation (SCO), becoming the first senior leader from the neighbouring country to visit India in almost 12 years.

SCO Meet 2023: Bilawal Bhutto, Pakistan's Foreign Minister, visits India after 12 years

The Kremlin on Thursday accused the United States of playing the role of 'mastermind' in the drone attack which took place over the residence of Russian President Vladimir Putin and was claimed to have been carried out by Ukraine.

Russia calls US 'mastermind' of drone attack in Kremlin, Washington refutes claim

Lunar Eclipse 2023: This year's first lunar eclipse is all set to occur on Friday, May 05, 2023. A lunar eclipse refers to an astronomical event when the Moon moves into the Earth's shadow, causing the moon to be darkened. According to NASA, "Earth's shadow is categorised into two parts: the umbra, the innermost part of the shadow where direct light from the Sun is completely blocked, and the penumbra, the outermost part of the shadow where the light is partially blocked." The penumbral lunar eclipse will start around 8:44 pm IST and will be clearly visible from India if the weather is good and the sky is clear. The eclipse will reach its maximum at 10:53 pm and will end at 1:01 am on May 6, 2023. According to media reports, in some places, the entire lunar eclipse will be visible. Some other regions that would be able to see the eclipse include Europe, Asia, Australia, the Pacific, Atlantic and Indian Oceans.

<h2>Lunar Eclipse 2023 Details:</h2>

Date- May 05, 2023&nbsp;to May 6, 2023

<h3>Timings- 8:44 pm to 01:01 am</h3>

Maximum Eclipse-&nbsp;May 5, 10:52:59 pm

Lunar Eclipse 2023 country-wise visibility:

The lunar eclipse will be visible from Asia, Africa, Australia, India&nbsp;and the Pacific Ocean.&nbsp;

Lunar Eclipse 2023 Visibility in India:

Sky gazers in India will be able to watch the lunar eclipse on May 5 after 8:44 pm, and as stated earlier, if the sky is clear, then they'll be able to watch it with the naked eye.&nbsp;

The Penumbral Lunar eclipse in India will be visible in New Delhi, Mumbai, Bengaluru, Kanpur, Patna, Ooty, and Mathura, Bengaluru, Kanpur, Kolkata, Chennai, Mumbai, Pune, Surat etc will be able to enjoy the lunar eclipse from their respective places.&nbsp;

Unlike a solar eclipse, a lunar eclipse is safe to look at directly without using any eye protection. If you're using telescopes or binoculars, make sure to use them with appropriate solar filters.&nbsp;

If you can't watch it from your house or location, you can stream it on several live YouTube channels.&nbsp;

A lunar eclipse occurs several times in a year but not every eclipse is visible to people.&nbsp;&nbsp;

Lunar Eclipse 2023: This year's first lunar eclipse is all set to occur on Friday, May 05, 2023. A lunar eclipse refers to an astronomical event when the Moon moves into the Earth's shadow, causing the moon to be darkened.

Lunar Eclipse 2023: This year's first lunar eclipse is all set to occur on Friday, May 05, 2023. A lunar eclipse refers to an astronomical event when the Moon moves into the Earth's shadow, causing the moon to be darkened. According to NASA, "Earth's shadow is categorised into two parts: the umbra, the innermost part of the shadow where direct light from the Sun is completely blocked, and the penumbra, the outermost part of the shadow where the light is partially blocked." The penumbral lunar eclipse will start around 8:44 pm IST and will be clearly visible from India if the weather is good and the sky is clear. The eclipse will reach its maximum at 10:53 pm and will end at 1:01 am on May 6, 2023. According to media reports, in some places, the entire lunar eclipse will be visible. Some other regions that would be able to see the eclipse include Europe, Asia, Australia, the Pacific, Atlantic and Indian Oceans. Lunar Eclipse 2023 Details: Date- May 05, 2023 to May 6, 2023 Timings- 8:44 pm to 01:01 am Maximum Eclipse- May 5, 10:52:59 pm Lunar Eclipse 2023 country-wise visibility: The lunar eclipse will be visible from Asia, Africa, Australia, India and the Pacific Ocean. Lunar Eclipse 2023 Visibility in India: Sky gazers in India will be able to watch the lunar eclipse on May 5 after 8:44 pm, and as stated earlier, if the sky is clear, then they'll be able to watch it with the naked eye. The Penumbral Lunar eclipse in India will be visible in New Delhi, Mumbai, Bengaluru, Kanpur, Patna, Ooty, and Mathura, Bengaluru, Kanpur, Kolkata, Chennai, Mumbai, Pune, Surat etc will be able to enjoy the lunar eclipse from their respective places. Unlike a solar eclipse, a lunar eclipse is safe to look at directly without using any eye protection. If you're using telescopes or binoculars, make sure to use them with appropriate solar filters. If you can't watch it from your house or location, you can stream it on several live YouTube channels. A lunar eclipse occurs several times in a year but not every eclipse is visible to people.

Lunar Eclipse 2023: Check date, time and where to watch it live in different countries

India's ruling party BJP has released its manifesto for the upcoming Karnataka Assembly elections. The party has promised to implement the Uniform Civil Code & the National Register of Citizens. Watch this video for more details.

What is the Uniform Civil Code promised in manifesto by India's ruling BJP in poll-bound Karnataka?

The national capital and NCR region are expected to continue experiencing cool and wet conditions for the next two-three days, though the rainfall activity might reduce.&nbsp;Delhi, on May 3, witnessed heavy rainfall making it the wettest day of the year 2023 so far with the rain exceeding the usual fall.

On Thursday (May 4), the maximum and minimum temperatures might&nbsp;vary between 17 degrees and 32 degrees Celsius respectively. The air quality also deteriorated from satisfactory to moderate. The Indian Meteorological Department (IMD) said the rain activity is likely to reduce, said a TOI report.

The weather department said an AQI between zero and 50 is considered to be "good", 51 and 100 "satisfactory", 101 and 200 "moderate", 201 and 300 "poor", 301 and 400 "very poor", and 401 and 500 as "severe".

IMD weather scientist Kuldeep Srivastav said, "There is a strong western disturbance trough over the western Himalayas and an cyclonic circulation over north-east Rajasthan and adjoining southern Haryana. This weather system covers entire Delhi-NCR, so the region saw consistent rain. The activity will pacify and Thursday may see drizzle or very light rain at one&nbsp;or two places, though the sky will remain unclear. The maximum temperature will rise."

Delhi on Wednesday&nbsp;witnessed bright clear skies for some time after a wet start to the week, although later in the evening there was widespread heavy rainfall throughout the capital with its base station Safdarjung recording 20.99mm in nine hours, the highest this year, surpassing January 30, 2023 record.&nbsp;

So far, the city has recorded 36.9mm of rain in the first three days of May, exceeding the month's usual rainfall.&nbsp;

On Wednesday, several areas&nbsp;like Palam recorded 11.8mm, Lodhi Road recorded 24.6mm, Ridge area recorded 14.6mm, Ayangar recorded 13.8mm, Mayur Vihar recorded 8mm and Pitampura recorded 55.5mm of rainfall respectively.&nbsp;

Lajpat Nagar, Sarai Kale Khan, Mehrauli Badarpur Road, Pul Prahladpur underpass and Zakhir witnessed waterlogging&nbsp;on roads.

The maximum temperature recorded was 30.6 degrees Celsius, nine notches below the usual, while the minimum temperature was clocked at 20.1 degrees Celsius, five notches below normal.&nbsp;

The wet and stormy weather caused flights from Mumbai to be diverted to Ahmedabad.&nbsp;

(With inputs from agencies)

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The national capital and NCR region are expected to continue experiencing cool and wet conditions for the next two-three days, though the rainfall activity might reduce.

The national capital and NCR region are expected to continue experiencing cool and wet conditions for the next two-three days, though the rainfall activity might reduce. Delhi, on May 3, witnessed heavy rainfall making it the wettest day of the year 2023 so far with the rain exceeding the usual fall. On Thursday (May 4), the maximum and minimum temperatures might vary between 17 degrees and 32 degrees Celsius respectively. The air quality also deteriorated from satisfactory to moderate. The Indian Meteorological Department (IMD) said the rain activity is likely to reduce, said a TOI report. The weather department said an AQI between zero and 50 is considered to be "good", 51 and 100 "satisfactory", 101 and 200 "moderate", 201 and 300 "poor", 301 and 400 "very poor", and 401 and 500 as "severe". IMD weather scientist Kuldeep Srivastav said, "There is a strong western disturbance trough over the western Himalayas and an cyclonic circulation over north-east Rajasthan and adjoining southern Haryana. This weather system covers entire Delhi-NCR, so the region saw consistent rain. The activity will pacify and Thursday may see drizzle or very light rain at one or two places, though the sky will remain unclear. The maximum temperature will rise." Delhi on Wednesday witnessed bright clear skies for some time after a wet start to the week, although later in the evening there was widespread heavy rainfall throughout the capital with its base station Safdarjung recording 20.99mm in nine hours, the highest this year, surpassing January 30, 2023 record. So far, the city has recorded 36.9mm of rain in the first three days of May, exceeding the month's usual rainfall. On Wednesday, several areas like Palam recorded 11.8mm, Lodhi Road recorded 24.6mm, Ridge area recorded 14.6mm, Ayangar recorded 13.8mm, Mayur Vihar recorded 8mm and Pitampura recorded 55.5mm of rainfall respectively. Lajpat Nagar, Sarai Kale Khan, Mehrauli Badarpur Road, Pul Prahladpur underpass and Zakhir witnessed waterlogging on roads. The maximum temperature recorded was 30.6 degrees Celsius, nine notches below the usual, while the minimum temperature was clocked at 20.1 degrees Celsius, five notches below normal. The wet and stormy weather caused flights from Mumbai to be diverted to Ahmedabad. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Delhi weather update: Wettest day of 2023; rain activity to reduce, temperature likely to rise

The foreign ministers of eight countries, including Pakistan and China, are expected to fly down to Goa for the key conference, which starts tomorrow and lasts for two days, for the two-day Shanghai Cooperation Organisation meeting. India is the SCO's current chair.

SCO Meet 2023: FM S. Jaishankar to chair the SCO meeting

SCO Meet 2023: Terrorism, implications of Ukraine war to be discussed

Vladimir Zelensky, the President of Ukraine, has refuted claims that his nation launched an alleged drone attack on the Kremlin, which Russia claims was an attempt on its current Vladimir Putin's life. This is a very serious accusation coming from the Kremlin, which claims Kyiv attempted to assassinate Putin.

War at Ukraine | Zelensky: We did not attack Putin | Russia-Ukraine War

War at Ukraine: Russia opens probe into Kremlin attack | Russia-Ukraine War

Google and Meta's executives told Canadian lawmakers on Wednesday that the tech giants would take back access to news articles in Canada if the legislation that compels internet companies to pay money to the news publishers gets a green light.

The proposed legislation, which is part of a broader global trend to make tech firms pay for news, would force platforms like Facebook parent Meta Platforms Inc and Google parent Alphabet Inc to negotiate commercial deals and pay Canadian news publishers for their content.

Google's Vice President of News, Richard Gingras, said in testimony to a Senate committee that if this bill is passed, the company may be coerced to withdraw links to news articles found in Canadian search results. He further cited an "uncapped financial liability" if it had to pay publishers for linking to their sites.

Rachel Curran, head of public policy for Meta in Canada, said that if the bill is passed, Meta would also put an end to the availability of news content in the country.

The bill, introduced in April 2022 by Heritage Minister Pablo Rodriguez, is the latest legislation aiming to make digital media platforms pay for linking news content.

"All we're asking the tech giants like Facebook and Google to do is negotiate fair deals with news outlets when they profit from their work," Heritage Ministry spokesperson Laura Scaffidi said.

<h2>'Google carrying out tests blocking news content for some users in Canada a terrible mistake': Trudeau&nbsp;</h2>

Google, earlier this year, tested blocking some Canadian users' access to news as a potential response to the legislation.

Prime Minister Justin Trudeau called this move a 'terrible mistake'. He said the blocking of news in Canada was an issue "bothering" him.

"It really surprises me that Google has decided that they'd rather prevent Canadians from accessing news than actually paying journalists for the work they do," he said.

"I think that's a terrible mistake and I know Canadians expect journalists to be well paid for the work they do.”

<h2>Australia's ground-breaking law made Facebook and Google pay for news</h2>

Canada's proposal is similar to a trailblazing law passed by Australia in the year 2021 after which Google and Facebook had threatened to withdraw their services but eventually, struck a deal with Australian media companies after amendments to the legislation were offered. &nbsp; &nbsp;

As per a government report the law has largely worked.

The Treasury Department report said that since the News Media Bargaining Code took effect, the tech firms had inked more than 30 deals with media outlets compensating them for the content which generated clicks and advertising dollars.

"At least some of these agreements have enabled news businesses to, in particular, employ additional journalists and make other valuable investments to assist their operations," said the report.

"While views on the success or otherwise of the Code will invariably differ, we consider it is reasonable to conclude that the Code has been a success to date."

"The review shows the Code has been successful in balancing bargaining power between news media and digital platforms," said Assistant Treasurer Stephen Jones.

"Digital platforms must continue to negotiate in good faith with news businesses to ensure they are fairly remunerated for the news content they create."

(With inputs from agencies) &nbsp;

&nbsp;

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Google and Meta's executives told Canadian lawmakers on Wednesday that the tech giants would take back access to news articles in Canada if the legislation that compels internet companies to pay money to the news publishers gets a green light.

Google and Meta's executives told Canadian lawmakers on Wednesday that the tech giants would take back access to news articles in Canada if the legislation that compels internet companies to pay money to the news publishers gets a green light. The proposed legislation, which is part of a broader global trend to make tech firms pay for news, would force platforms like Facebook parent Meta Platforms Inc and Google parent Alphabet Inc to negotiate commercial deals and pay Canadian news publishers for their content. Google's Vice President of News, Richard Gingras, said in testimony to a Senate committee that if this bill is passed, the company may be coerced to withdraw links to news articles found in Canadian search results. He further cited an "uncapped financial liability" if it had to pay publishers for linking to their sites. Rachel Curran, head of public policy for Meta in Canada, said that if the bill is passed, Meta would also put an end to the availability of news content in the country. The bill, introduced in April 2022 by Heritage Minister Pablo Rodriguez, is the latest legislation aiming to make digital media platforms pay for linking news content. "All we're asking the tech giants like Facebook and Google to do is negotiate fair deals with news outlets when they profit from their work," Heritage Ministry spokesperson Laura Scaffidi said. 'Google carrying out tests blocking news content for some users in Canada a terrible mistake': Trudeau Google, earlier this year, tested blocking some Canadian users' access to news as a potential response to the legislation. Prime Minister Justin Trudeau called this move a 'terrible mistake'. He said the blocking of news in Canada was an issue "bothering" him. "It really surprises me that Google has decided that they'd rather prevent Canadians from accessing news than actually paying journalists for the work they do," he said. "I think that's a terrible mistake and I know Canadians expect journalists to be well paid for the work they do.” Australia's ground-breaking law made Facebook and Google pay for news Canada's proposal is similar to a trailblazing law passed by Australia in the year 2021 after which Google and Facebook had threatened to withdraw their services but eventually, struck a deal with Australian media companies after amendments to the legislation were offered. As per a government report the law has largely worked. The Treasury Department report said that since the News Media Bargaining Code took effect, the tech firms had inked more than 30 deals with media outlets compensating them for the content which generated clicks and advertising dollars. "At least some of these agreements have enabled news businesses to, in particular, employ additional journalists and make other valuable investments to assist their operations," said the report. "While views on the success or otherwise of the Code will invariably differ, we consider it is reasonable to conclude that the Code has been a success to date." "The review shows the Code has been successful in balancing bargaining power between news media and digital platforms," said Assistant Treasurer Stephen Jones. "Digital platforms must continue to negotiate in good faith with news businesses to ensure they are fairly remunerated for the news content they create." (With inputs from agencies) WATCH WION LIVE HERE

Google, Meta threaten to withdraw news access if Online News Act becomes law

The Brazilian government is taking a stand against all big tech firms campaigning against the&nbsp;new internet bill&nbsp;which might be one of the world’s strongest legislation on social media. Bill 2630, also known as the "Fake News Law," aims at cracking down on fake news, alleging undue interference in the debate in Congress.&nbsp;

Tech firms, including Apple and Google LLC, have strongly campaigned against the law. The search engine in Brazil had added a link connecting blogs against the bill and had been urging users to lobby their representatives, Reuters reported.

<a href="https://www.wionews.com/world/no-choice-but-to-physically-eliminate-zelensky-russia-after-drone-assassination-attempt-on-putin-588681">Also read |&nbsp;No choice but to physically eliminate Zelensky: Russia after 'drone assassination attempt' on Putin</a>

However, Justice Minister Flavio Dino on Tuesday ordered Google to change the link, warning that the company had two hours after the notification or would have to face fines of one million reais ($198,000) per hour if not done so.

Following this, the US tech firm pulled down the link but defended its right to communicate its concerns through the "marketing campaigns" on its platforms and denied altering search results to favour the bill.&nbsp;

In a statement, the company said, "We support discussions on measures to combat the phenomenon of misinformation. All Brazilians have the right to be part of this conversation, and as such, we are committed to communicating our concerns about Bill 2630 publicly and transparently."

<a href="https://www.wionews.com/technology/data-lab-india-and-ai-are-we-ahead-of-the-curve-588533">Also read |&nbsp;Data Lab | India and AI: Are we ahead of the curve?</a>

The proposed law was to be voted on Tuesday in the lower house of Congress but was postponed by Speaker Arthur Lira, following&nbsp;opposition from Conservative and Evangelical lawmakers and allowed&nbsp;for more debate.&nbsp;

The critics say the bill needs "wider debate" because it was hastily drawn up, allows censorship and states that companies would have to pay content providers and copyrights for material&nbsp;posted on their sites.

The Supreme Court on Tuesday urged the executives of Google, Meta and Spotify to testify within five days explaining their respective concerns.&nbsp;

The Brazilian antitrust regulator Cade stated that it would investigate the tech companies' campaigns against the bill.&nbsp;

The bill was hastened even as several new provisions added to it have not been debated in the Congressional committees before going to the vote.

(With inputs from agencies)

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The Brazilian government is taking a stand against all big tech firms campaigning against the new internet bill which might be one of the world’s strongest legislation on social media.

The Brazilian government is taking a stand against all big tech firms campaigning against the new internet bill which might be one of the world’s strongest legislation on social media. Bill 2630, also known as the "Fake News Law," aims at cracking down on fake news, alleging undue interference in the debate in Congress. Tech firms, including Apple and Google LLC, have strongly campaigned against the law. The search engine in Brazil had added a link connecting blogs against the bill and had been urging users to lobby their representatives, Reuters reported. Also read | No choice but to physically eliminate Zelensky: Russia after 'drone assassination attempt' on Putin However, Justice Minister Flavio Dino on Tuesday ordered Google to change the link, warning that the company had two hours after the notification or would have to face fines of one million reais ($198,000) per hour if not done so. Following this, the US tech firm pulled down the link but defended its right to communicate its concerns through the "marketing campaigns" on its platforms and denied altering search results to favour the bill. In a statement, the company said, "We support discussions on measures to combat the phenomenon of misinformation. All Brazilians have the right to be part of this conversation, and as such, we are committed to communicating our concerns about Bill 2630 publicly and transparently." Also read | Data Lab | India and AI: Are we ahead of the curve? The proposed law was to be voted on Tuesday in the lower house of Congress but was postponed by Speaker Arthur Lira, following opposition from Conservative and Evangelical lawmakers and allowed for more debate. The critics say the bill needs "wider debate" because it was hastily drawn up, allows censorship and states that companies would have to pay content providers and copyrights for material posted on their sites. The Supreme Court on Tuesday urged the executives of Google, Meta and Spotify to testify within five days explaining their respective concerns. The Brazilian antitrust regulator Cade stated that it would investigate the tech companies' campaigns against the bill. The bill was hastened even as several new provisions added to it have not been debated in the Congressional committees before going to the vote. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Brazil’s ‘fake news bill’ sparks outcry from big tech firms; judge orders Google, Meta to testify

The heirs of Ed Townsend, who wrote the 1973 slow jam classic "Let's Get It On" with Marvin Gaye, are suing the British singer-songwriter. They claim that Sheeran's 2014 song unlawfully appropriated the anthem's harmonic progressions, melodic structures, and rhythmic elements.

Ed Sheeran-Marvin Gaye copyright trial

You must be wondering how long you log into your Google account for. What kind of a question is this as we all type passwords to sign in? I'm referring to how long you log into your Google account because that will soon change, meaning you won't need a password to do so.

Google makes passwords obsolete, introduces passkeys

Israel police reported that dozens of protestors blocked the southbound Ayalon motorway near Giv'at HaTahmoshet St. in Tel Aviv on Thursday morning. Security personnel removed the protesters within an hour.

'Disruption Day' in Israel: Protest groups seek to reignite Israeli streets

After fighting broke out during the tribal solidarity march on Wednesday, a curfew has been imposed in eight districts of India, and internet service has been suspended throughout the Northeastern State of Manipur.

Manipur violence: Fight breaks out between two communities during tribal rally

The American companies operating in China are facing heightened scrutiny from the Chinese authorities. The latest events include the questioning of employees at the management consultancy bain & company in Shanghai. The events coincide with an amendment to an already extensive counter-espionage law in China. The law widens the scope of the kind of materials and data the country deems relevant to the national security. The new law was revised last week and is set to take effect in July.

Investor jitters rise as China tightens screws on US firms

The US national debt has hit a new high of 28 trillion dollars caused by years of government spending exceeding the revenue. Watch this report to understand the impact of this on the world's largest economy. Will this crisis push the us economy further into recession and what do experts suggest on the matter?

Is US economy really rich? Or is it a facade?

Shares of US-based bank pacwest bancorp tumbled 56% in extended trading. This happened following the news that the bank is weighing strategic options. The regional bank is assessing various options. Including a possible sale, and bringing in advisors to evaluate longer-term plans for the business. Piper Sandler and Stephens are the two firms advising pacwest.

Yet another US bank on the brink of collapse?

Have you ever wondered how the top boss at your firm drives a fancy new car every year, vacations in exotic locations & stays in the most aspiring real estate property in your city? Well, your pay cheque may not have grown as much as you desired. But a report from oxfam suggests that the top bosses have seen their wealth surge faster than ever. Watch the report to understand the pay disparity between your salary and your employer's salary.

Pay disparity widens between CEOs and employees

London is in a festive atmosphere ahead of King Charles' coronation, but a decision by technology officials to utilise facial recognition technology has generated a debate. Some people are against this plan because they think it will be used to target activists and demonstrations in London.

King Charles III Coronation: Facial recogniton technology part of coronation security

When a brawl broke out between them and the police late on Wednesday night, the protest by prominent Indian wrestlers in New Delhi took a terrible turn. The wrestlers alleged that the cops assaulted them, injuring a few grapplers as a result.

India's Jantar Mantar Descends into Chaos: Wrestlers Clash with Police in Late-Night Scuffle

NATO Intelligence Chief has warned russia may sabotage undersea cables to punish western nations for supporting Ukraine. Threats to undersea cables & pipelines have become a focus of public attention. Last year, unexplained explosions crippled the Nord stream 1 & 2 pipelines, built to ship gas from Russia to Germany across the Baltic sea. As concerns grow over the security of undersea cables, western countries are setting out to turn the North Sea into a green power engine. Analysts say NATO adversaries realise the huge strategic advantage of being able to threaten the security of western internet, energy & financial systems. As part of an underwater reconnaissance programme, Russia is reportedly mapping allied critical infrastructure on land & the seabed. NATO allies are closely monitoring Russian vessels equipped with sensors that can collect electronic or acoustic information from the seabed. Spy ships can be identified by their antennae or unusual activity near critical areas.

NATO warns: Russia patrolling more throughout the Atlantic; Threat to undersea cables & pipelines

The former CEO of MasterCard, who is of Indian descent, was voted to a five-year term on Wednesday by the 25 members of the World Bank's executive board. His term will begin on June 2nd. U.S. President Joe Biden made the 63-year-old banga's nomination for the position in late February.

Ajay Banga Makes History as First Indian-Origin Male President of World Bank

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