In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
"The important thing is that you shouldn't try to hit homeruns this week, because you're much more likely to end up striking out," Jim Cramer says.Mad Money with Jim Cramerread more
Islamic State, the jihadist group that once held control of large parts of Iraq and Syria, is still "very much a problem" as it continues to pump out terror content online, a European security official has said.
Julian King, the EU's commissioner for the security union, said Tuesday that, although the Islamist militant organization has suffered a drop in its global influence and presence on the ground, it continues to exploit the internet as a means of promoting its extremist ideology.
"When it comes to terrorism content online there are specific organizations, most notably but not uniquely ISIS, al-Qaeda is also trying to use the digital space," King told CNBC's Elizabeth Schulze on Tuesday at the Web Summit in Lisbon, Portugal.
ISIS was once notorious for its use of online propaganda material to persuade disenfranchised young people in the West to flee their home country to fight for its cause in the Middle East. It has also claimed responsibility for numerous terror attacks in the West.
"Now, they've suffered reversals on the ground in Iraq and Syria, but they're still producing material, they still use the internet to traffic their propaganda and their radicalizing material," King said. "So it remains very much a problem that we need to deal with today."
King added that several terror attacks that have targeted Europe were perpetrated by homegrown individuals, rather than people traveling to and from the Middle East. For instance, the group last year claimed responsibility for a suicide bomb attack targeting an Ariana Grande concert in the northern English city of Manchester, in which 23 people were killed, including attacker Salman Abedi.
"We … have to face the fact that in Europe, at least, over the last couple of years, 18 months, the attacks weren't carried about by individuals who had traveled to Iraq or Syria and then came back," King said.
"They were carried out by self-radicalized individuals who had never traveled. Some were radicalized in their own communities; some were radicalized in their own bedrooms, which is why this problem of the radicalizing effect of online terrorist content is so important."
ISIS, which was established in 2013, once held swathes of Iraq and Syria under siege, as well as other parts of the Middle East and Africa. It came to international prominence in 2014 when the group began releasing videos depicting its fighters beheading Western hostages. Some of its notable victims included U.S. journalist James Foley and British aid worker Alan Henning.
The Islamist group eventually lost its grip on the Iraqi city of Mosul last year, and has continued to lose territories since. U.S. military officials said in December 2017 that ISIS had lost 98 percent of the territories it had once captured, signifying the huge fall in its influence in the region.