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Business May 13, 2026

Meta Sued by California County for Profiting from Illegal Scam Ads

Santa Clara county in California has sued Meta Platforms, alleging it profited from Facebook and In…
The Lawsuit Against Meta California’s Santa Clara county has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising and unfair business practices laws. Allegations of Tolerating Fraudulent Advertising The lawsuit – filed on Monday in Santa Clara county superior court on behalf of all California residents – accuses the social media giant of tolerating fraudulent advertising on a global basis. The suit seeks restitution, civil damages and an order prohibiting Meta from engaging in unfair business practices. Revenue from High-Risk Scam Ads Citing leaked internal documents first reported by Reuters last year, the complaint alleges that the company earned as much as $7bn in annual revenue from so-called “high-risk” scam ads which show clear signs of being fraudulent. Meta's Response and Defense Meta said it intends to defend itself against the claim. “This claim relies on Reuters reporting that distorts our motives and ignores the full range of actions we take to combat scams every day,” said a Meta spokesperson, Andy Stone. “We aggressively fight scams on and off our platforms because they’re not good for us or the people and businesses that rely on our services.“ The Impact on Users and the Legal Proceedings In the suit, Santa Clara alleges that Meta materially contributed to an epidemic of fraud by allowing middlemen to sell accounts to place ads that were protected against enforcement, and targeting scam ads at users who had clicked on similarly bogus offerings in the past. The county will retain full control over decisions involving the case, and outside law firms will only be paid if the county wins.
#Meta #Facebook #Instagram
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Politics May 13, 2026

Trump Backs Iraq’s Prime Minister‑Designate Ali al‑Zaidi: Strategic Calculus

Former President Donald Trump announced his support for Iraq’s prime‑minister‑designate Ali al‑Zaid…
Executive Summary: Trump’s Unexpected EndorsementOn 13 May 2026, former U.S. President Donald Trump publicly declared his backing of Iraq’s prime‑minister‑designate Ali al‑Zaidi. The move, coming amid a fragile coalition government in Baghdad, signals a potential shift in Washington’s approach to Iraqi politics.Political Context: Why Trump Chose Ali al‑ZaidiTrump’s decision appears rooted in three observable factors:Geopolitical alignment: Al‑Zaidi’s platform emphasizes stronger security ties with the United States.Economic incentives: The designates’ openness to U.S. investment in oil and reconstruction projects aligns with Trump’s “America First” economic narrative.Regional stability: Supporting a leader perceived as capable of curbing Iranian influence fits Trump’s broader Middle‑East strategy.Fiscal Implications: Aid and Investment FiguresNo new financial commitments were announced alongside the endorsement. However, existing U.S. assistance to Iraq—approximately $1.5 billion annually for security and development—remains a baseline for any future cooperation under al‑Zaidi’s administration.Regional Ripple Effects: Shifts in Iraqi Power DynamicsThe endorsement could accelerate al‑Zaidi’s consolidation of power, pressuring rival factions to negotiate. Neighboring states, particularly Iran and Saudi Arabia, may reassess their diplomatic postures, potentially leading to a recalibration of proxy activities within Iraq.Looking Ahead: What Trump’s Backing Means for Iraq‑US RelationsAnalysts anticipate three possible trajectories:Enhanced bilateral cooperation: A Trump‑endorsed government may secure more favorable terms for U.S. firms in oil and infrastructure.Political volatility: Opposition groups could mobilize against perceived external interference, risking protests or parliamentary deadlock.Strategic realignment: A stable, U.S.-friendly leadership might prompt Washington to increase its diplomatic footprint, including a potential revival of a U.S. embassy advisory team.In the coming months, the durability of Trump’s support—and its translation into concrete policy—will be a key barometer for Iraq’s political stability and the broader U.S. strategy in the Middle East.
#Donald Trump #Ali al‑Zaidi #Iraq
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Business May 13, 2026

Nissan's Sunderland Pivot: Pondering Contract Manufacturing with Chinese Rivals

Nissan CEO Ivan Espinosa confirmed the Japanese automaker is exploring contract manufacturing with …
The Sunderland Pivot: From Exclusive Production to Contract ManufacturingNissan is actively exploring a strategic shift at its UK flagship plant in Sunderland, moving away from a model of exclusive production toward contract manufacturing for external partners. CEO Ivan Espinosa confirmed that the company is "looking at options" to bring in additional volume, specifically mentioning talks with Chinese automaker Chery. This potential collaboration comes as Nissan struggles with faltering demand for its own vehicles, having announced the closure of one of its two production lines at the facility.Financial Strain and Volume ConstraintsThe decision to consider outsourcing production is driven by a critical volume crisis. Espinosa emphasized that the Sunderland plant is "viable" but faces challenges due to insufficient output. This financial pressure is reflected in Nissan's recent performance, which posted a net loss of ¥533bn (£2.5bn) for the year to March. Operating profits fell nearly 12% on the previous year, forcing the company to merge production lines and cut 900 jobs across Europe, including roles in the UK.The European Auto Industry's Strategic ShiftNissan's potential move mirrors a broader trend in the European automotive sector, where legacy manufacturers are monetizing underused capacity to survive. This trend is driven by Chinese competitors who can undercut European prices due to lower production costs. Notable examples include Stellantis building cars for Leapmotor in Spain and Ford reportedly discussing plant sales with Geely. Furthermore, BYD is actively negotiating with Stellantis and other European firms to take over idle factories, signaling a new era of cross-border collaboration.A New Era of Cross-Border CollaborationLooking ahead, the automotive landscape is shifting from pure competition to strategic partnerships. Espinosa, appointed a year ago with a mandate to restore profitability, views external collaboration as essential for survival. As Chinese brands like Chery and BYD aggressively expand into Europe, the traditional boundaries between domestic and foreign manufacturing are blurring, suggesting that contract manufacturing will become a standard survival strategy for struggling legacy automakers.
#Nissan #Chery #Ivan Espinosa
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Environment May 13, 2026

Datacentres Now Consume 6% of Electricity in the UK and US, Sparking Community Backlash

Research by the International Data Center Association shows datacentres now use about 6% of electri…
New research from the International Data Center Association (IDCA) reveals that datacentres are now responsible for roughly 6% of electricity consumption in the United Kingdom and the United States, intensifying public and political scrutiny over the sector’s rapid energy growth.Datacentre Power Demand Hits 6% of UK and US GridsThe study notes a 15% worldwide increase in datacentre electricity use over the past two years, driven by the surge in AI workloads and internet traffic. Annual global investment in new facilities is approaching $1tn (£740bn), equivalent to nearly 1% of the global economy. In the UK, datacentre electricity share has risen to 5.9%, while the US sits at 6%, far above the global average of 2%. Smaller nations such as Singapore and Lithuania face even higher pressures, with datacentres consuming 19% and 11% of their national grids respectively.Financial and Energy Metrics Highlight Rapid GrowthGlobal investment: ~$1tn in 2025UK grid‑connection queue: grew 460% in H1 2025US “zombie” services: account for 13% of datacentre load, equating to over 3 GW of wasted powerProjected UK demand: could quadruple by 2030These figures align with the International Energy Agency’s estimate that global energy use by datacentres rose 17% in 2025, outpacing overall electricity demand growth of 3%.Community Pushback and Policy Implications Across NationsThe IDCA warns that once a country’s datacentre footprint reaches the 5%‑6% threshold, “significant community and political pushback” becomes inevitable. In the UK, activists and groups such as Greenpeace UK have warned of an “unchecked AI boom” leading to higher energy bills, water‑stress, and renewed reliance on fossil fuels. The report calls for:Greater transparency from tech firms on future datacentre plansMandatory environmental impact assessmentsA ban on new polluting power plants dedicated to AI workloadsAdditionally, the study highlights emerging security concerns, noting that recent attacks on datacentres in the Middle East have underscored the need for integrated cyber‑physical protection strategies.Outlook: Regulation, Transparency, and Security Challenges AheadLooking forward, the IDCA predicts that pressure will mount for:Stricter national grid connection policies to curb the 460% surge in pending requestsIndustry‑wide standards to eliminate “zombie” services and improve energy efficiencyCoordinated security frameworks that address both cyber threats and physical vulnerabilitiesIf policymakers act swiftly, the sector could mitigate its environmental footprint while sustaining the growth of AI and cloud services. Failure to do so may trigger broader societal resistance and accelerate regulatory clampdowns.
#International Data Center Association #Google #Microsoft
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Politics May 13, 2026

Jensen Huang Joins Trump’s China Delegation, Highlighting US Tech Push

Billionaire Nvidia CEO Jensen Huang was added at the last minute to Donald Trump's high‑profile Chi…
Jensen Huang Added to Trump’s High‑Profile China DelegationJensen Huang, chief executive of Nvidia, joined Donald Trump's 36‑hour China trip after a reported last‑minute invitation, sitting with CEOs such as Elon Musk and Tim Cook for a meeting with President Xi Jinping.Summit dates: May 13‑14, 2026Key participants: CEOs of Nvidia, Tesla, Apple, Goldman Sachs and othersAgenda items: conflict in Iran, tariffs, Taiwan, and US‑China tech cooperationFinancial Stakes: $50 bn Market Target and Billionaire Net WorthHuang has repeatedly cited the Chinese market as a $50 bn opportunity for Nvidia’s AI chips. His personal fortune surged to $191.5 bn, briefly placing him among the world’s top seven richest people, while his 2026 compensation fell to $36.6 m after a stock‑price correction.Net‑worth: $191.5 bn (based on 3 % Nvidia stake)Compensation 2026: $36.6 m (‑27 % YoY)China market potential cited: $50 bnImplications for US‑China Tech Relations and AI CompetitionThe inclusion of a leading AI hardware maker signals Washington’s intent to leverage private‑sector expertise in diplomatic talks, aiming to “open up” China for American tech firms. It also raises questions about the optics of blending corporate influence with foreign policy amid ongoing tensions over AI dominance.What the Summit Could Signal for Future Tech DiplomacyAnalysts expect the summit to set a precedent for more frequent “business‑state” delegations, potentially accelerating joint research agreements or, conversely, prompting stricter export controls if negotiations stall. The outcome may shape the pace at which US AI firms gain market access in China and influence broader geopolitical strategies.
#Nvidia #Jensen Huang #Donald Trump
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Politics May 13, 2026

Trump-Xi Summit: Five Critical Issues Shaping US-China Relations

President Trump's state visit to China marks the first by a US president in nearly a decade, with f…
The Trump-Xi Summit: A Pivotal Moment in US-China Relations Donald Trump's state visit to China this week – the first by the US president in nearly a decade – comes amid a time of geopolitical upheaval, a new and intractable conflict in the Middle East, and a sometimes rocky relationship between the world's two major superpowers. There is much for Trump and Xi Jinping to discuss, but a few key issues are likely to dominate the agenda. Five Critical Issues on the Summit Agenda The high-stakes meeting between the two leaders addresses several pressing matters that could reshape the global landscape: The Iran Conflict and Hormuz Strait Crisis Trump is eager for China to lean on Tehran to advance peace talks and reopen the strait of Hormuz. To now, Beijing has sat back and watched the US struggle against Iran, at least publicly. But with about half of China's crude oil imports passing through the strait, Xi does want the waterway unblocked. China knows its exports will suffer if a global recession results from an oil supply crisis. Complicating the picture, the US this week put sanctions on several Chinese firms accused of assisting Iranian oil shipments and supplying satellite imagery allegedly used in Iranian military operations, claims that Beijing denied. Trump's arrival comes after Iran's foreign minister, Abbas Araghchi, visited Beijing last week. Taiwan: The Flashpoint in US-China Relations Beijing is keen to push the US on Taiwan, with Trump saying he is prepared to raise the issue of arms sales to the island, which China claims as a breakaway territory despite never having ruled it. In December, Trump authorised an $11bn arms package for Taiwan, the largest weapons sale ever to the island, but no shipments have been made yet. Xi may seek changes in how the US refers to Taiwan. Ideally, from the perspective of Beijing, this would be a statement from Washington "opposing" Taiwan's independence rather than "not supporting" it. Taiwan will be watching closely. Just two weeks ago, China's foreign minister in a phone call with Marco Rubio urged the US to "make the right choices" on Taiwan. With Trump known to veer off script, John Kirby, a former US state department and Pentagon spokesperson cautioned: "They just have to be so extraordinarily precise when you're talking about Taiwan because, quite frankly, the stakes are enormously high." The AI Cold War: Technological Supremacy at Stake China and the US are locked into a race on artificial intelligence that is becoming something of a technological cold war. In April, the White House accused China of stealing US AI labs' intellectual property on an industrial scale, claims Beijing denied. Meanwhile, Beijing has been frustrated by Washington's reluctance to allow Nvidia to export its most powerful processing chips to China. In January, the White House said Nvidia could export its second most powerful chip, the H200, but no shipments have been sent yet. Analysts and ethics leaders hope Trump and Xi will discuss non-binding AI guidelines, including sharing information about AI misuse and safety, which are seen as critical guardrails amid the advent of AI weaponry and military adoption. Trade War: Rare Earth Minerals and Economic Leverage Trump has repeatedly threatened China over trade, imposing tariffs above 140% last year. But Xi held some cards of his own and did not fold. Instead, China blocked exports of its rare earth minerals and magnets to the US. Trump, finally, backed down. The US has depleted notable levels of its weapons arsenal in the war against Iran, with many weaponry components requiring critical minerals that are linked to supply chains dominated by China. China is expected to announce purchases related to Boeing airplanes, American agriculture and energy, US officials have said. In turn, Beijing wants the US to ease curbs on exports of advanced semiconductors. Beijing also wants to reduce barriers to investment in the US, and hopes to establish a Board of Investment to match the Trump-back Board of Trade. Fentanyl: The Drug War and Political Posturing Fentanyl is a key item on Trump's agenda this week, Politico reported, citing an administration official granted anonymity to preview the closed-door sessions. The US has long accused Chinese businesses of knowingly supplying the chemical precursors to Mexican cartels who use them to make the drug. Trump knows that being seen to press China hard over fentanyl and precursors plays well with his Maga base. But Trump lost important leverage on the fentanyl front when China defied his tariffs threats. In March, the US and China clashed over fentanyl and trade at a UN drugs meeting. China wants to be removed from the state department's annual list of "major drug transit or illicit drug producing countries", due to be updated in September.
#Trump #Xi Jinping #US-China Relations
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Entertainment May 13, 2026

Conan O’Brien Returns as Oscars Host for Third Consecutive Year

The Academy of Motion Picture Arts and Sciences confirmed that Emmy‑winning comedian Conan O’Brien …
Conan O’Brien has been officially announced as the host for the 99th Academy Awards, scheduled for 14 March 2027, extending his run as the ceremony’s comedic anchor for a third year in a row.Academy Confirms O’Brien as Host for the 99th AwardsThe Academy’s leaders, Bill Kramer and Lynette Howell Taylor, praised the “incredible team” behind the past two shows and highlighted O’Brien’s “brilliance and humor” as central to the celebration. Executive producers Raj Kapoor and Katy Mullan will return, ensuring continuity in the production’s tone and style.Viewership Trends and Social Engagement Under O’Brien’s Tenure2025 inaugural year: 19.7 million TV viewers tuned in.2026 ceremony: traditional broadcast ratings dipped (exact figure not disclosed), but social‑media interaction rose 42% compared to the previous year.2027 broadcast will air live on ABC from the Dolby Theatre in Los Angeles.What O’Brien’s Return Means for the Oscars’ Brand and Broadcast FutureIndustry analysts note that O’Brien’s comedic style has revitalized audience perception, offsetting the ratings slump with heightened online buzz. Craig Erwich, president of the Disney Television Group, emphasized that O’Brien “makes Hollywood’s biggest night one of the most entertaining celebrations of the year.” The continuity also buys the Academy time as it prepares for a major platform shift slated for 2029.Looking Ahead: Potential Shifts in Hosting and Platform StrategyThe 99th ceremony will be the penultimate event held at the Hollywood Dolby Theatre and the last on traditional broadcast TV. By 2029, the Oscars are set to move to YouTube and relocate to downtown Los Angeles for the 101st awards, suggesting a long‑term pivot toward digital distribution. O’Brien’s presence in 2027 serves as a bridge between the legacy broadcast era and the forthcoming streaming‑first model.
#Conan O’Brien #Oscars #Academy Awards
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Entertainment May 13, 2026

Brett Ratner Joins Trump on China Trip to Scout Rush Hour 4 Locations

Brett Ratner, director of the Rush Hour movies, is accompanying Donald Trump on his trip to China t…
The Unlikely Entourage Member Brett Ratner, the director behind the Rush Hour movies and a documentary on Melania Trump, is accompanying Donald Trump to China for his summit with Xi Jinping. Ratner was among the group of CEOs and top executives from major US tech and finance firms, including Apple’s Tim Cook, Tesla’s Elon Musk and BlackRock’s Larry Fink, who boarded Air Force One. Scouting for Rush Hour 4 Locations Trump’s spokesperson, Victoria Palmer-Moore, said he would use the trip to scout for filming locations for the latest instalment of the Rush Hour franchise. She added that Ratner plans to shoot “a lot” of Rush Hour 4 in China. The Rush Hour Franchise Revival The original Rush Hour was an instant hit in 1998, topping the US box office charts upon its release. Its sequel Rush Hour 2 was also a huge commercial success in 2001, before Ratner’s critically and commercially disappointing Rush Hour 3 was released in 2007. Despite rumours of a fourth film circulating for almost two decades, with Chan suggesting in 2017 that he and Tucker had agreed upon a new script, development had stalled until Trump intervened in late 2025. Ratner's Comeback Trump’s support has allowed Ratner to make a comeback in Hollywood after being sidelined after accusations of sexual misconduct during the #MeToo movement in 2017. Ratner denies all of the allegations. In 2026, Ratner released Amazon-backed documentary Melania, which followed the first lady during the 20 days before Trump’s second inauguration. The China Connection The president is reportedly a huge fan of Rush Hour, which revolves around detectives James Carter and Yan Naing Lee – played by Chris Tucker and Jackie Chan respectively – as they navigate their cultural differences and investigate crimes in Hong Kong, Paris and Los Angeles. Last November, Trump encouraged billionaire Larry Ellison, the primary financial force behind Paramount Skydance, to bring back the franchise once Paramount went through with its controversial purchase of Warner Bros.
#Brett Ratner #Donald Trump #Rush Hour
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Politics May 13, 2026

Trump heads to Beijing for high‑stakes summit with Xi as Iran war looms

Donald Trump will land in Beijing for the first U.S. presidential visit to China in nearly a decade…
Trump’s Beijing Arrival Sets Stage for a High‑Stakes SummitDonald Trump is scheduled to land in Beijing on Wednesday evening, marking the first visit by a U.S. president to China in nearly ten years. The two‑day meeting with President Xi Jinping is framed as a chance to restore U.S. prestige after the protracted war in Iran.Diplomatic and Business Agenda of the VisitThe delegation will include more than a dozen American business leaders, notably Elon Musk of Tesla and Tim Cook of Apple. Trump has promised a “big, fat hug” from Xi and expects headline‑grabbing deals, including a new board of trade to coordinate bilateral purchases.Economic Stakes: 500 Boeing Jets and a Fragile Trade Truce500 Boeing 737 Max jets are slated for sale – one of the largest orders in the aircraft maker’s history.The U.S. and China remain under a “fragile tariff truce” established last autumn.China’s economy is under pressure from sluggish domestic demand and a prolonged property crisis.Geopolitical Ripple: Iran War, Taiwan, and Global EnergyThe Iran‑Israel conflict has entered its third month, with Tehran tightening control of the Strait of Hormuz, a route that carries roughly a fifth of the world’s oil supply.Washington has sanctioned several Chinese firms for allegedly supporting Iranian oil shipments.Trump’s willingness to discuss U.S. arms sales to Taiwan could signal a shift in the long‑standing U.S. policy of not consulting Beijing on Taiwan matters.Looking Ahead: Scenarios for the Trump‑Xi DialogueAnalysts see three possible outcomes: a breakthrough that eases sanctions on China and secures Iranian de‑escalation; a stalemate that leaves the tariff truce intact but no substantive progress on Iran; or a deterioration that could reignite trade tensions and complicate U.S. commitments to Taiwan.
#Donald Trump #Xi Jinping #Elon Musk
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