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US election

Facebook pushes ad overhaul before 2018 US election

CALIFORNIA: Facebook Inc has begun overhauling how it handles political ads on its platform and may put some changes in place before U.S. elections next year, Facebook’s chief technology officer said on Wednesday. U.S. congressional and state elections set for November 2018 present a deadline of sorts for Facebook and other social media companies to get better at halting the kind of election meddling that the United States accuses Russia of. “We are working on all of this stuff actively now, so there is a big focus in…

Mexican central bank hikes interest rate after Trump win

MEXICO CITY: Mexico's central bank raised its key interest rate on Thursday after Donald Trump's US presidential election victory last week rocked the peso and global markets. As expected by analysts, the bank lifted the rate by 50 basis points to 5.25 percent, saying in a statement that the election "led to an increase in volatility in financial markets of every region." "With this action, we seek to counter inflationary pressures and keep inflation expectations anchored," the statement said. The Mexican currency…

Here’s what Apple boss Tim Cook told staff after Trump’s victory

Donald Trump’s shock election win has surprised many across the globe but it’s now a reality that many are still struggling to concede. In this connection, Apple chief executive Tim Cook has written to staff to reassure them about the outcome. Cook celebrated diversity, as well as the differing political views among its 76,000 employees in the US, according to a memo obtained by Buzzfeed. The boss of the biggest tech company in the world urged people to move forward and "move forward together", quoting Martin Luther…

Trump elected US President in stunning upset

WASHINGTON: Donald Trump has stunned America and the world, riding a wave of populist resentment to defeat Hillary Clinton in the race to become the 45th president of the United States. The Republican mogul defeated his Democratic rival, plunging global markets into turmoil and casting the long-standing global political order, which hinges on Washington's leadership, into doubt. "Now it is time for America to bind the wounds of division," Trump told a cheering crowd of jubilant supporters in the early hours of…

Shootout near California polling sites leaves two dead

CALIFORNIA: Two people were killed and two others were injured on Tuesday in a shootout in California that prompted a lockdown at two polling stations, authorities said. Agencies add: The shooting took place in early afternoon in the city of Azusa, 25 miles (40 kilometers) east of Los Angeles, Vanessa Lozano, spokeswoman for the Los Angeles County Fire Department, told AFP. Officers arriving at the scene in a residential neighborhood found "multiple shooting victims" and came under fire, Azusa police chief Steve Hunt…

WikiLeaks’ Assange vows to release ‘significant’ material on US election

BERLIN: WikiLeaks founder Julian Assange pledged Tuesday to publish "significant" new material on the US election before the November 8 vote, speaking on the 10th anniversary of the online leaking platform. Assange said there were "enormous expectations in the United States" about the material and that "some of that expectation will be partly answered", with "a lot of fascinating angles" in the documents. "Do they show interesting features of US power factions? Yes they do," he said, addressing an anniversary event in…