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Microsoft, Activision Blizzard acquisition deal ‘could substantially lessen competition,’ UK regulator says

Sep 02, 2022 08:08 am UTC| Technology Business

The United Kingdoms Competition and Markets Authority (CMA) released its initial comments on Microsoft and Activision Blizzards ongoing $68.7 billion acquisition on Thursday. The watchdog said it is concerned that the...

Meta won’t offer ad-free services amid reports it’s working on paid features for Facebook, Instagram, and WhatsApp

Sep 01, 2022 07:55 am UTC| Technology Business

Meta has reportedly established a new division that will focus on developing paid features and services for its biggest social platforms, including Facebook, Instagram, and WhatsApp. But the social media giant noted that...

Continental Tire uses blockchain to assure sustainable rubber sourcing

Aug 31, 2022 23:15 pm UTC| Nature Technology Economy Business

Continental Tire Japan will use the Project Tree blockchain initiative to ensure it uses responsibly sourced natural rubber for its s AllSeasonContact tires. Project Tree is a collaboration between ITOCHU, a Japanese...

Porsche Engineering expands presence in China with Beijing office

Aug 31, 2022 23:15 pm UTC| Economy Business Technology

Porsche Engineering established a site in Beijing to better meet the needs of the Chinese market, particularly in automated driving, connectivity, infotainment, and assistance systems. The new location extends and...

KT, Naver, NHN threatened by entry of Amazon, Microsoft in S. Korea's public cloud market

Aug 31, 2022 22:17 pm UTC| Technology Economy Business

Foreign tech giants Amazon and Microsoft are set to challenge the dominance of domestic companies in the cloud computing services market for South Koreas public sector with the government lowering the entry barrier. The...

Tencent, Sony to take stakes in 'Elden Ring' maker FromSoftware

Aug 31, 2022 21:57 pm UTC| Technology Economy Business

Units of Tencent and Sony will take minority stakes via a third-party allotment in FromSoftware, the Japanese developer of hit action role-playing title Elden Ring. Tencent Holdings and Sony Group units will receive...

Facebook Gaming standalone app will shut down in October

Aug 31, 2022 10:23 am UTC| Technology Business

Meta announced that the standalone Facebook Gaming app would stop working in October. But video game fans can still follow their favorite streamers on Facebook after the app is retired. The social media empire has been...

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Economy

White House Weighs Refined Copper Tariffs as Cost Concerns Grow

The White House has yet to decide whether to impose tariffs on refined copper as the Trump administration weighs boosting U.S. production against the risk of higher manufacturing costs. Affordability has become a growing...

Asian Currencies Subdued as Yen Weakens Ahead of Fed, BOJ Decisions

Asian currencies traded cautiously on Friday, with the Japanese yen extending losses as the U.S. dollar hovered near a one-week high ahead of U.S. inflation data and major central bank meetings. The U.S. Dollar Index held...

Japan Producer Inflation Eases to 7.6% in August

Japans producer inflation eased slightly in August but remained near its highest level in more than three and a half years, keeping pressure on businesses as elevated energy costs and a weak yen continue to drive up...

Oil Prices Surge as Middle East Shipping Attacks Threaten Supply

Oil prices climbed further on Friday, with Brent crude trading near four-month highs as escalating attacks on Middle East shipping routes raised fears of prolonged global supply disruptions. Brent oil futures gained nearly...

Asian Stocks Slide as Oil Surge Fuels Rate Hike Fears

Asian stocks fell sharply on Friday as surging oil prices, rising bond yields and renewed expectations of a Federal Reserve rate hike drove investors away from riskier assets. The MSCI Asia Pacific Index dropped 1.3%,...

Politics

Taiwan Flags Russian Film Screening as China-Japan Influence Push

Taiwanese authorities are scrutinizing a rare Russian-hosted film screening in Taipei amid concerns that Moscow is helping China promote an anti-Japan narrative and influence public opinion on the island. Around 20...

Trump Rejects Saudi Request for Houthi Strikes

Saudi Crown Prince Mohammed bin Salman urged U.S. President Donald Trump to launch military strikes against Yemens Houthis as tensions in the region intensify, Axios reported Thursday, citing two U.S. officials. According...

South Korea Says $350 Billion US Investment Talks Progressing

South Korean Prime Minister Han Seong-sook said Friday that negotiations over Seouls $350 billion investment commitment to the United States are making solid progress, with the first planned project expected to establish a...

Trump Says He Has No Regrets Over Iran War

U.S. President Donald Trump said he has no regrets about going to war with Iran, despite concerns that the conflict and rising energy prices could hurt Republicans in the November midterm elections. Speaking with Fox News...

Kim Jong Un Praises North Korean Troops Fighting Overseas

North Korean leader Kim Jong Un praised soldiers taking part in overseas military operations during celebrations marking the 78th anniversary of North Koreas founding, according to state media KCNA. Speaking at an assembly...

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

Enflame Shares Surge 200% in Shanghai AI Chip Debut

Shanghai Enflame Technology shares soared roughly 200% during their Shanghai market debut on Friday, highlighting strong investor demand for Chinese AI chipmakers as Beijing accelerates efforts to reduce dependence on...

OpenAI Weighs AI Development Slowdown Over Safety Risks

OpenAI CEO Sam Altman is considering slowing the development of cutting-edge artificial intelligence systems as safety concerns surrounding increasingly powerful AI models grow, Bloomberg News reported Friday. Altman...

Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing

Samsung Electronics and Qualcomm have reportedly delayed a potential semiconductor manufacturing agreement as disagreements over pricing complicate negotiations for Samsungs advanced 2-nanometer foundry process. According...

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...
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