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Apple, Amazon were among ‘potential suitors’ when EA reportedly pursued acquisition and merger deal

May 24, 2022 08:03 am UTC| Technology Business

Electronic Arts, widely known as EA, reportedly shopped around to look for a potential acquisition and merger deal. And among the interested parties were major players in the tech world, including Apple and Amazon. The...

Number of S. Korean metaverse users plummets with easing of social distancing rules

May 24, 2022 00:09 am UTC| Business Economy Technology

The number of South Korean metaverse platform users has plunged after the easing of COVID-19 social distancing measures, The number of weekly active users (WAU) for Roblox from May 9 to 15 stood at 773,678, down 17.8...

What is the metaverse, and what can we do there?

May 23, 2022 13:58 pm UTC| Insights & Views Technology

Youve likely heard recently how the metaverse will usher in a new era of digital connectivity, virtual reality (VR) experiences and e-commerce. Tech companies are betting big on it: Microsofts massive US$68.7 billion...

Smart city technologies pose serious threats to women waste workers in India

May 23, 2022 13:24 pm UTC| Technology

Smart city technologies are an increasingly popular approach to urban governance and sustainable development worldwide, but their implementation, use and impact on society are only just being fully understood. Smart...

Is Elon Musk getting cold feet? Why the entrepreneur may be trying to pull out of buying Twitter

May 23, 2022 13:15 pm UTC| Technology

Has Elon Musk developed cold feet? Is he experiencing buyers remorse? Or is he trying to create drama for the markets, true to his public persona? Or could Musk be negotiating for a better price? Musk started buying...

‘Death Stranding 2’: Hideo Kojima reacts after Norman Reedus seemingly confirmed sequel’s production is underway

May 23, 2022 10:31 am UTC| Technology

Death Stranding 2 has once again made headlines recently after Norman Reedus appeared to have confirmed he has started working on the next game. Hideo Kojima has since responded to the actors statement, which further...

'V Rising' becomes Steam’s newest hit after surpassing 500,000 copies sold in early access

May 23, 2022 10:02 am UTC| Technology

Launching games through Steam Early Access has been a good way for developers to build an audience for their new games. And this formula has been proven to be effective once again with the recently released vampire...

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Economy

India Services PMI Rises to 54.1 as Hiring Accelerates

Indias services sector expanded at a slightly faster pace in August, although weak growth in new business kept activity close to its lowest levels in more than four years, according to a private-sector survey. The HSBC...

China Services PMI Beats Forecasts as Domestic Demand Improves

Chinas services sector expanded at a faster pace in August, as stronger business activity, rising new orders and continued employment growth pointed to a modest improvement in domestic demand. The RatingDog Services PMI...

Australia Trade Surplus Beats Forecasts in July as Exports Fall

Australias trade surplus exceeded market expectations in July, although it narrowed from the previous month as exports declined faster than imports, according to data released Thursday by the Australian Bureau of...

Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets

Asian currencies strengthened against the U.S. dollar on Thursday, led by a sharp rally in the Japanese yen as traders increased bets on a Bank of Japan rate hike and remained alert to possible currency intervention....

Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Ease

Gold prices steadied near $4,400 an ounce on Thursday after rebounding about 1% in the previous session, as easing energy-driven inflation concerns reduced expectations for aggressive Federal Reserve interest rate hikes. A...

Politics

Pacific Islands Forum Seeks Unified Condemnation of China Missile Test

Pacific Islands Forum chair Surangel Whipps Jr. said Thursday he hopes the 18-member regional bloc can reach consensus on condemning Chinas recent ballistic missile test in the Pacific, as tensions between Beijing and...

Iran War Civilian Toll Rises After U.S. Strikes Hit Wedding

The renewed escalation of the Iran war has intensified concerns over civilian casualties after Iranian officials said 18 people were killed in the latest U.S. strikes, including four at a wedding near the Strait of Hormuz....

Maduro Seeks Dismissal of US Drug Trafficking Charges

Ousted Venezuelan President Nicolas Maduro has asked a U.S. federal judge to dismiss drug trafficking charges against him, arguing that he is protected from prosecution by head-of-state immunity. Maduros lawyer, Barry...

Trump Administration Threatens Smithsonian Support Over Leadership Dispute

President Donald Trumps administration has threatened to withdraw federal agency support for the Smithsonian Institution, escalating its dispute with the prominent U.S. museum and research organization. In a letter to the...

Australia, US Move to Expand Defence Ties in Indo-Pacific

Australia and the United States have agreed to deepen defence cooperation, potentially expanding the U.S. military presence in Australia as both countries seek to strengthen deterrence and security across the Indo-Pacific...

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

Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada

A Thomson Reuters unit has disclosed a cybersecurity incident involving its C-Track court case management platform, affecting court systems across 11 U.S. states, the U.S. Virgin Islands and Canada. The company detected...

ByteDance Secures $29.6 Billion Loan to Boost AI Investment

ByteDance, the Chinese technology giant behind TikTok, has secured a $29.6 billion loan as it ramps up spending on artificial intelligence and data center infrastructure, Bloomberg reported Thursday, citing people familiar...

Microsoft to Reveal Azure Revenue in Major Reporting Shake-Up

Microsoft Corporation (NASDAQ: MSFT) plans to begin reporting standalone quarterly revenue for its Azure cloud business, giving investors greater visibility into one of the technology giants fastest-growing operations. The...

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...

Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability

Lenovo Group shares came under pressure on Wednesday after a security breach at Dropbox revealed a vulnerability connected to the Chinese technology companys Lenovo ID authentication service. Dropbox said approximately...