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Bithumb Assures Clients It Will Cover $32M Losses in Recent Hacking

Jun 22, 2018 04:48 am UTC| Technology

Details of the latest hacking incident involving South Korean cryptocurrency exchange Bithumb remain unclear. Authorities well versed in such cases have been brought in to investigate the incident. The Korea Internet...

MoviePass to Roll Out Surge Pricing for In-Demand Movies

Jun 22, 2018 04:32 am UTC| Technology

MoviePass is going to charge higher prices for in-demand movies starting next month through a new surge pricing scheme. To those not familiar with MoviePass, it is a subscription-based service focused on distributing...

U.S. Ethics Committee Orders Lawmakers to Disclose Crypto Assets Worth over $1,000

Jun 22, 2018 04:20 am UTC| Technology

The creation of the regulation for cryptocurrency is now in full swing. The latest group to be covered by it is the U.S. House of Representatives, after the houses Ethics Committee recently released a memorandum mandating...

'Final Fantasy XIV' Producer Talks Game's Release on Switch and Xbox

Jun 22, 2018 04:04 am UTC| Technology

In a recent interview, Final Fantasy XIV producer Naoki Yoshida gave some updates on their talks and plans of releasing the title and its installments on the Nintendo Switch and the Xbox One. The main title of the...

South Korea to Allocate $207M to Growth of Blockchain Sector

Jun 22, 2018 03:53 am UTC| Technology

Hacking incidents have been the focus of media attention in South Korea recently as two consecutive attacks led to the loss of $72 million collectively. However, despite the setbacks experienced by the companies involved,...

Sony Says No Fix Needed for Xperia XZ1 and Xperia XZ2 Display Issues

Jun 22, 2018 03:30 am UTC| Technology

Many owners of the Sony Xperia XZ1 and Xperia XZ2 have complained about an annoying issue with their smartphones displays. However, in Sonys statement, it appears that no fix will ever be released. Earlier this year,...

Artificial Skin on Robot Prosthetics Lets Amputees Have a Sense of Touch, Feel Pain Again, Study Shows

Jun 22, 2018 03:08 am UTC| Technology

Most conventional prosthetics that are meant to replace lost limbs only function as either a placeholder or to perform super simple tasks. According to a new study, however, a functional artificial skin could change that....

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Economy

German Retail Sales Drop 3.4% in July

German retail sales fell sharply in July, significantly missing market expectations and raising fresh concerns about consumer demand in Europes largest economy. Retail sales declined 3.4% in July compared with the previous...

Global Markets Brace for Fed Rate Hike as Oil Tops $91

The Japanese yen stabilized near the critical 160-per-dollar level on Tuesday as currency markets remained cautious amid rising U.S. interest-rate expectations, renewed U.S.-Iran tensions and surging oil prices. USD/JPY...

Bessent Urges Japan on Fiscal Discipline, BOJ Rate Hikes

U.S. Treasury Secretary Scott Bessent has urged Japanese policymakers to outline a credible path toward fiscal sustainability and higher interest rates as pressure on the yen and government bond markets intensifies,...

Japan Bond Yields Top 3% as Inflation, Fiscal Risks Rise

Japans benchmark government bond yields climbed above 3% on Tuesday for the first time since September 1996, as investors weighed persistent inflation, growing fiscal concerns and expectations for further interest rate...

India Manufacturing Growth Slows to Five-Year Low in August

Indias manufacturing sector expanded at its weakest pace in five years in August as softer demand weighed on new orders, production and employment, according to the latest private-sector survey. The HSBC India...

Politics

US Approves $800 Million Helicopter Sale to Iraq

The U.S. State Department has approved a potential $800 million military helicopter sale to Iraq, strengthening defense cooperation between Washington and Baghdad as Iraq continues efforts to modernize its armed forces....

China Warns Over Taiwan’s Pacific Islands Forum Presence

China has raised strong objections to Taiwans participation in the Pacific Islands Forum in Palau, warning of unspecified consequences as tensions over Beijings influence in the Pacific take center stage at the regional...

U.S., New Zealand Fund $60M Cook Islands Port Upgrade

The United States and New Zealand will jointly fund a major upgrade of a World War Two-era port in the Cook Islands, strengthening Western infrastructure investment in the Pacific as China expands its regional influence....

South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips

South Korea has proposed a record 821 trillion won ($596.92 billion) government budget for 2027, sharply increasing fiscal spending as the country seeks to strengthen its position in artificial intelligence, semiconductors...

Ukraine Sanctions Chief Heads to Washington to Push Russia Bill

Ukraines top sanctions official will visit Washington this week to press U.S. lawmakers to approve sweeping new Russia sanctions legislation that has already cleared the Senate but faces resistance in the House of...

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

OpenAI Rejects Apple Trade Secret Theft Claims

OpenAI has denied Apples allegations that it obtained confidential trade secrets through former Apple employees, arguing that the iPhone maker has failed to provide evidence showing proprietary information was stolen. In a...

MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment

MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence...

Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates

Apple veteran Phil Schiller has stepped away from overseeing the App Store and the companys high-profile product launch events, marking another major leadership change as the iPhone maker prepares for a new era under...

SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says

SpaceX (NASDAQ: SPCX) could spend between $50 billion and $130 billion, including spectrum costs, to develop a standalone terrestrial network supporting its direct-to-device mobile service, according to Bernstein analysts....

Faraday Future Delivers First Robots in Middle East, Plans September Launches

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has completed its first robotics sale and delivery in the Middle East, marking an early milestone in the electric vehicle and AI technology companys regional...