Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technology

Thu, Sep 10, 2026 07:38 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

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...

961 962 963 964 965 966 967 968 969 970

Economy

Norway Core Inflation Rises to 3% in August

Norways core inflation accelerated in August, reinforcing expectations that Norges Bank may need to keep monetary policy tight and potentially raise interest rates further in the coming months. Data released Thursday by...

German Inflation Accelerates to 2.9% in August

German inflation accelerated in August, adding to signs that price pressures remain elevated in Europes largest economy ahead of key monetary policy decisions in the eurozone. Germanys harmonised consumer price inflation...

Asian Currencies Steady as Yen Holds Firm, Oil Tops $100

Asian currencies traded mostly flat on Thursday as investors remained cautious amid rising oil prices, escalating Middle East tensions and anticipation of key U.S. inflation data. The Japanese yen stayed near recent highs...

Fitch Eyes Japan Budget for Fiscal Discipline

Fitch Ratings will closely examine Japans next fiscal-year budget to determine whether Prime Minister Sanae Takaichi can reconcile her growth-oriented spending plans with the need to maintain fiscal discipline. Jeremy...

ECB Rate Hike in Focus as Oil Tops $100

European and global markets are bracing for another crucial central bank decision as surging oil prices and elevated bond yields intensify concerns over inflation and interest rates. The European Central Bank is expected...

Politics

Trump Expects Iran War to End After U.S. Midterms

President Donald Trump said he expects the U.S.-Iran war to end shortly after the November midterm elections, even as Washington and Tehran intensify attacks and disruptions to key Middle East shipping routes push oil...

Iran Attacks 10 Ships as Hormuz Conflict Escalates

Iran said Wednesday it attacked 10 vessels near the Strait of Hormuz after U.S. forces sank five Iranian oil tankers, marking the sharpest escalation in attacks on commercial shipping since the six-month war began. The...

Russian Drone Strike on Sumy Shopping Centre Kills Two

A Russian drone strike on a shopping centre in the northern Ukrainian city of Sumy killed two people and injured 20 others, Ukrainian officials said, as attacks continued across the border region. Sumy Regional Governor...

Trump’s Iran War Draws ‘Forever War’ Comparisons

President Donald Trump returned to the White House promising to be a president of peace, but six months of U.S.-Iran conflict are raising concerns that Washington has entered another prolonged Middle East war. As the 25th...

CIA Chief Ratcliffe May Take Bigger Role in Ukraine Peace Talks

CIA Director John Ratcliffe could take on a larger role in U.S.-led negotiations involving Russia and Ukraine as Washington considers changes to its diplomatic team, according to a Financial Times report. U.S. officials...

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

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...

TSMC August Revenue Jumps 53% on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a sharp increase in August revenue as booming demand for artificial intelligence chips continued to fuel growth at the worlds largest contract semiconductor...

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...