Facebook to invest $1 billion in news industry after Australia row

Facebook Inc on Wednesday pledged to invest at least $1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content. The social network’s commitment to the news industry follows Google’s $1 billion investment last year, as technology giants come under…

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Cheap old homes draw U.S. millennials escaping pandemic cages

American millennials with budget constraints are breaking out of their pandemic coops to find affordable dream homes in far-flung places. For funeral home director Kate Reinhart, from Utah, that dream is an octagonal Victorian that recalls the macabre Addams Family mansion seen in cartoons, films and a TV series. It helped that her scientist husband…

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WTO welcomes its first female, African chief

Members of the World Trade Organization (WTO) on Monday agreed by consensus to appoint Ngozi Okonjo-Iweala, a former finance minister of Nigeria, as the next director-general, said the WTO in a press release. The decision was made at a special meeting of the WTO’s General Council at which the World Bank veteran was formally selected….

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Sri Lanka starts vaccinating public against COVID-19

Sri Lankan President Gotabaya Rajapaksa on Monday instructed health authorities to start vaccinating members of the general public in the country’s Western Province with the Oxford Astra Zeneca against the COVID-19 virus. Officials said they had started vaccinating those who are at high risk of exposure of the virus, such as port workers, private hospital…

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Bill Gates warns that manufacturing could challenge climate goals

Bill Gates exudes optimism in discussing the world’s ability to tackle climate change – until he hits on manufacturing. About that, he is worried. There is currently no way to make steel or cement without releasing climate-warming emissions. Yet, neither governments nor investors are looking hard to solve that problem, Gates said. “That’s the sector…

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Second time lucky? Stonehenge first erected in Wales, archaeologists say

Archaeologists believe they have discovered the origins of the Stonehenge prehistoric monument after they uncovered the remains of an ancient stone circle in Wales that may have been dismantled and rebuilt hundreds of years later in England. Among Britain’s most recognisable and mysterious landmarks, the standing stones at Stonehenge draw tourists from around the world…

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