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

Become a contributor

Bookmark Econotimes

Technology

Tue, Dec 16, 2025 05:12 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Facial recognition technology could soon be everywhere – here's how to make it safer

Jul 05, 2023 03:35 am UTC| Technology

The recent coronation of King Charles III was a high-profile example of when facial recognition technology has been used to monitor a crowd, but there are plenty of others. The technology is used by law enforcement all...

If AI image generators are so smart, why do they struggle to write and count?

Jul 05, 2023 03:35 am UTC| Technology

Generative AI tools such as Midjourney, Stable Diffusion and DALL-E 2 have astounded us with their ability to produce remarkable images in a matter of seconds. Despite their achievements, however, there remains a...

Samsung Electronics, Best Buy Hit With Class-Action Suit Over QLED 4K TV; Firm Dives Into UPS Battery Recycling

Jul 05, 2023 01:34 am UTC| Law Economy Business Technology

Samsung Electronics and Best Buy are grappling with a U.S. class-action lawsuit filed by Ray Kim Law, alleging false advertising of gaming features in Samsungs QLED 4K TVs. Meanwhile, Samsung affiliate Segi Retech forays...

Beyond the hype: How AI could change the game for social science research

Jul 04, 2023 07:43 am UTC| Insights & Views Technology

With the emergence of advanced AI systems, the way social science research is conducted could change. Social sciences have historically relied on traditional research methods to gain a better understanding of individuals,...

ChatGPT took people by surprise – here are four technologies that could made a difference next

Jul 04, 2023 07:41 am UTC| Insights & Views Technology

\In the evolving relationship between technology and society, humans have shown themselves to be incredibly adaptable. What once left us breathless, soon becomes integrated into our everyday lives. The astonishing...

Twitter Enforces Daily Tweet Limits to Combat Data Scraping, Elon Musk Reveals

Jul 03, 2023 09:50 am UTC| Economy Business Technology Life

Elon Musk, Twitters Executive Chair, has announced new daily tweet reading limits on Twitter, citing concerns over aggressive data scraping and system manipulation. Musk initially set the limit for verified users at 6,000...

Samsung on Track to Mass Produce 1.4 nm Chips by 2027

Jun 29, 2023 06:49 am UTC| Technology Business Economy

Samsung Electronics Co., the worlds largest memory chipmaker, recently revealed the exciting details of its advanced process roadmap as it prepares to compete against its archrival, Taiwan Semiconductor Manufacturing Co....

851 852 853 854 855 856 857 858 859 860

Economy

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Politics

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

President Donald Trump is facing sharp bipartisan criticism after posting controversial remarks about actor and director Rob Reiner following the shocking deaths of Reiner and his wife, Michele Reiner. The comments, shared...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Chinese artificial intelligence chip startup Biren Technology is preparing to launch a Hong Kong initial public offering (IPO) in the coming weeks, according to multiple sources familiar with the matter. The Shanghai-based...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...