Latest news with #mediaoutlets
Reuters
9 hours ago
- Business
- Reuters
Worldline shares fall over 20% after media investigation
June 25 (Reuters) - Worldline ( opens new tab shares fell over 20% on Wednesday after an investigation by 21 European media outlets alleged the French digital payments company covered up client fraud to protect revenue. Responding to the reports, Worldline said in a statement that since 2023 it has strengthened merchant risk controls and terminated non-compliant client relationships. The "Dirty Payments" investigation, which the media oultets said is based on confidential internal documents and data from Worldline, alleged the company accepted "questionable" clients across Europe, including pornography, gambling and dating sites. The company said it has conducted a "thorough review" of its high-brand-risk portfolio, such as online casinos, stockbroking and adult dating services, since 2023, affecting merchants representing 130 million euros in run-rate revenue in 2024. It said it maintains "zero-tolerance" for non-compliance and engages regularly with regulatory authorities. Worldline did not immediately respond to Reuters' request for further comment beyond its statement.
New York Times
a day ago
- Politics
- New York Times
America's Adversaries Are Gaining the Global Megaphone
America's rivals celebrated as the Trump administration set out to dismantle its global influence and information infrastructure, including the media outlets that had helped market the United States as the world's moral and cultural authority. The editor in chief of RT, the Kremlin-backed news network, crowed about President Trump's 'awesome decision' to shut down Voice of America, the federally funded network that reports in countries with limited press freedom. 'Today is a holiday for me and my colleagues!' Hu Xijin, a former editor in chief of China's state-run outlet Global Times, wrote that the paralysis of Voice of America and Radio Free Asia was 'really gratifying' and, he hoped, 'irreversible.' A top aide to Prime Minister Viktor Orban of Hungary posted that he 'couldn't be happier' about the administration's move in February to gut the agency that distributed foreign media funding. Officials in Cambodia and Cuba also welcomed the cuts. In the months since, China, Russia and other U.S. rivals have moved to commandeer the communications space abandoned by the Americans. They have pumped more money into their own global media endeavors, expanded social outreach programs abroad and cranked up the volume when publicizing popular cultural exports. Foreign policy experts say the Trump administration is not just losing its grip on the global megaphone but handing it off to its eager adversaries. In doing so, they said, the United States is relinquishing its primacy as a global influencer and neglecting its defenses against the damaging narratives and disinformation that could fill the vacuum. 'What we're doing, in a sense, is playing into their hands,' said Catherine Luther, a professor at the University of Tennessee, Knoxville, who has studied Russian influence. 'These states tend to be the leaders in creating the playbook for other countries to use.' Want all of The Times? Subscribe.
Yahoo
24-05-2025
- Politics
- Yahoo
Trump's deportation crackdown is ‘beyond not normal'
The Trump administration's immigration crackdown has morphed into something much darker, says attorney Dean Obeidallah; sweeping up immigrants, legal residents, and even U.S. citizens. Multiple federal judges have ruled against Trump's deportation crackdown, yet he continues to defy or circumvent court orders. What began as immigration enforcement now appears to be part of a broader effort to dismantle the rule of law. From arresting judges to investigating law firms, media outlets, and univ
