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Wed, Jun 24, 2026 02:31 AM All times are UTC

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Nokia to Slash 14,000 Jobs Amid 20% Sales Dip, Cites Stagnant 5G Market

Oct 20, 2023 08:27 am UTC| Business Technology

Nokia announced its plans to cut up to 14,000 jobs as part of a cost reduction strategy. The company, which reported a 20% drop in third-quarter sales due to weaker demand for 5G equipment, anticipates a slow market...

Honda, GM Announce Autonomous Taxi Venture in Tokyo for 2026 Rollout

Oct 20, 2023 04:22 am UTC| Business Technology

Honda Motor Co. and General Motors Co. are joining forces to launch a driverless taxi service in Tokyo, marking a notable shift towards autonomous and electric technologies in the automotive sector. With a majority...

OpenAI Partners with Dubai-Based G42 to Elevate AI Capabilities Across Middle East Industries

Oct 19, 2023 08:15 am UTC| Business Technology

OpenAI has joined forces with G42, a Dubai-based technology holding group, to enhance AI capabilities in the Middle East. The collaboration aims to leverage OpenAIs generative AI models across various sectors of G42s...

2023년의 양자 컴퓨터의 현재와 미래 과제

Oct 19, 2023 06:14 am UTC| Technology

지난 6월, IBM 컴퓨터 임원은 양자 컴퓨터가 첨단 실험 장치가 유용해지는 유용성 단계에 진입하고 있다고 주장했습니다. 지난 9월 호주의 수석 과학자 캐시 폴리(Cathy Foley)는 양자 시대의 시작 을 선언하기도 했습니다 . 이번 주...

Quantum computers in 2023: how they work, what they do, and where they're heading

Oct 19, 2023 05:29 am UTC| Technology

In June, an IBM computing executive claimed quantum computers were entering the utility phase, in which high-tech experimental devices become useful. In September, Australias Chief Scientist Cathy Foley went so far as to...

현금 없는 사회로의 전환은 단지 가능성이 아니라 이미 진행중

Oct 19, 2023 04:39 am UTC| Economy Technology

마지막으로 현금을 사용한 게 언제였나요? 많은 호주인들에게 현금을 사용하거나 심지어 카드를 긁는 것도 드문 일이 되었습니다. 현금 없는 사회를 향한 움직임은 50년 전 은행카드의 도입으로 시작되었으며 기술 발전에 힘입어...

Netflix Announces Price Hike Amid Record Subscriber, Revenue Growth; Cites Password Tracking, Ad-Supported Tiers

Oct 19, 2023 04:30 am UTC| Business Technology

Netflix recently reported its strongest quarter for subscriber growth in years despite rolling out price hikes for some subscription plans in the United States, France, and Britain. The surge in new memberships is...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Russia Signals Frustration Over Unfulfilled U.S. Commitments After Alaska Summit

Russia has intensified its criticism of the United States, accusing Washington of failing to honor key understandings reached between Russian President Vladimir Putin and U.S. President Donald Trump during their Alaska...

Trump Highlights Manufacturing Agenda in Pennsylvania as Midterm Elections Approach

U.S. President Donald Trump returned to the campaign trail on Tuesday with a visit to Pennsylvania, a crucial battleground state, as he sought to strengthen support ahead of the November midterm elections. Speaking at a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average

Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...