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Mon, Feb 16, 2026 09:56 AM All times are UTC

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Vimeo lays off 6% of its workforce

Jul 21, 2022 10:26 am UTC| Business Economy

Vimeo has terminated some of its employees, which is equivalent to six percent of its total workforce. The company employs a total of 1,447 workers based on its LinkedIn profile. As per Fox Business, Vimeo had to reduce...

Netflix confirms ad-supported plan will have fewer films and TV shows at launch

Jul 21, 2022 10:23 am UTC| Technology Business

Netflix previously announced it is launching an ad-supported tier after losing subscribers for the first time in almost a decade. But the streaming giant has now confirmed that the new membership plan will have some...

Microsoft slows down staff recruitment as economic conditions are making things difficult for tech firms

Jul 21, 2022 10:08 am UTC| Business Economy

Microsoft announced that it would slow down its hiring of new staff and cited the difficult economic condition as the reason. It was revealed that the companys share price also slid down by one percent in the extended...

Hyundai Motor to deliver its IONIQ 5 EVs to become taxis

Jul 21, 2022 09:56 am UTC| Business Economy

Hyundai Motor is sending its IONIQ 5 electric vehicle models to Japan as part of a deal with the local taxi operator, MK Taxi. The South Korean automaker will be delivering 50 EV units to the Kyoto-based firm, and the...

Mattel, Elon Musk’s SpaceX partner to sell new line of toys

Jul 21, 2022 09:31 am UTC| Business Economy

Mattel and Elon Musks SpaceX company have struck an unlikely partnership deal, and this was confirmed by the companies on Wednesday, July 20. They have signed a multi-year agreement to form a new line of toys and create...

iPhone 14: Kuo says parts supply issues unlikely to derail mass production

Jul 21, 2022 08:54 am UTC| Technology Business

Reports about supply chain issues for highly anticipated devices remain common these days, and the same goes for Apples iPhone 14 series. But renowned analyst Ming-Chi Kuo reported that the tech giant has found more...

GM, Ford Motor requesting US regulators’ approval for deployment of self-driving vehicles without steering wheels

Jul 21, 2022 08:41 am UTC| Business Economy

General Motors and Ford Motor are planning to put some self-driving vehicles on the streets, so they are requesting the U.S. auto safety regulators to grant them exemptions to carry out their plan. It should be noted that...

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Economy

Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP

Asian currencies moved within a narrow range on Monday as thin holiday trading and steady U.S. dollar performance limited major price swings. Market closures in China, Taiwan, and South Korea reduced regional liquidity,...

Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains

Asian stock markets traded in a tight range on Monday as a week-long Lunar New Year holiday in China reduced regional trading volumes, while weak Japanese GDP data pressured Tokyo equities. Market participation was further...

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi are set to hold their first bilateral meeting on Monday since the ruling partys landslide election victory, a discussion that could shape expectations for...

Yen Pulls Back After Rally as Fed Rate Cut Bets Support Dollar Stability

The Japanese yen began the week slightly weaker against the U.S. dollar after posting its strongest weekly gain in more than a year. The currency eased 0.2% to 153.07 per dollar in early Monday trading, following a nearly...

Politics

Zelenskiy Urges Stronger Sanctions as U.S.-Brokered Ukraine-Russia Peace Talks Near

Ukrainian President Volodymyr Zelenskiy expressed cautious optimism ahead of U.S.-brokered peace talks between Ukraine and Russia scheduled in Geneva next week. Speaking at the Munich Security Conference, Zelenskiy said he...

Rubio Reaffirms Transatlantic Alliance at Munich Security Conference Amid Ukraine and Russia Tensions

U.S. Secretary of State Marco Rubio described the United States as a child of Europe during a closely watched speech at the Munich Security Conference, aiming to reinforce transatlantic unity after a turbulent year in...

EU Divided on Setting 2027 Timeline for Ukraine Membership Amid Ongoing War

European Union foreign policy chief Kaja Kallas has indicated that EU member states are not prepared to offer Ukraine a concrete timeline for joining the bloc, despite renewed calls from Ukrainian President Volodymyr...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Europe Rethinks NATO as U.S. Policy Shifts Shake Transatlantic Alliance

European leaders signaled a turning point in transatlantic relations at the Munich Security Conference, as European Commission President Ursula von der Leyen warned that some lines have been crossed that cannot be...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...