PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy

"Device-Level" Nudity Detection: UK Gov't Blackmailing Public Into Digital ID Authored by Kit Knightly via OffGuardian, British Prime Minister Sir Keir Starmer announced plans, in a speech earlier today, to introduce "device-level controls" that will prevent children from viewing, sending or taking naked photographs: This government will not stand by while children are put at risk online. Today I am calling on the tech companies to introduce device-level controls to prevent children from taking, sharing or viewing nude images. And if they don't act, we will. — Keir Starmer (@Keir_Starmer) June 8, 2026 According to Justice...

Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route Authored by Tsvetana Paraskova via OilPrice.com, The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul Ghani said on Tuesday.  “There is communication with Iran regarding allowing the passage of some Iraqi oil tankers,” the minister said in statements carried by the Iraqi News Agency (INA).  Iraq, unlike Saudi Arabia and the United Arab Emirates (UAE), doesn’t have any options – even partial – to...

Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say Authored by Brayden Lindrea via CoinTelegraph,.com, America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American...