Today: September 22, 2024
Today: September 22, 2024

Technology

Business|Economy|Technology|World

EU takes aim at China's Temu and Shein with proposed import duty, FT reports

The European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu, Shein, and AliExpress, the Financial Times reported on

EU takes aim at China's Temu and Shein with proposed import duty, FT reports
Entertainment|Sports|Technology

A new esports tournament in Saudi Arabia promises to be a game-changer – but it’s also caused division in the industry

Gamers from around the world are competing for $60 million in prize money in the first ever Esports World Cup, which kicked off this week in Saudi Arabia. CNN's Eleni Giokos is in Riyadh with a look at the rise of the sport.

A new esports tournament in Saudi Arabia promises to be a game-changer – but it’s also caused division in the industry
Business|Entertainment|Technology

Skydance CEO Ellison says new Paramount will become a tech-media hybrid

Skydance Media CEO David Ellison sketched out a vision on Monday for Paramount Global as a technology-media hybrid company at a time Hollywood has been competing for

Skydance CEO Ellison says new Paramount will become a tech-media hybrid
Business|Technology

Microsoft to offer Apple devices to employees in China, cites absence of Android services

Microsoft intends to offer Apple's iOS-based devices to its employees in China to access authentication apps, a company spokesperson said on Monday, citing absence of Google's Android

Microsoft to offer Apple devices to employees in China, cites absence of Android services
Technology|Travel

Spain's Acciona launches swappable battery electric vehicle

Drive, swap the battery, repeat.

Spain's Acciona launches swappable battery electric vehicle
Business|News|Technology

United Airlines flight loses wheel on takeoff, lands safely with no injuries

A United Airlines jet lost a landing-gear wheel on Monday when it took off from Los Angeles but landed safely in Denver, its planned destination, with no injuries, the airline said.

United Airlines flight loses wheel on takeoff, lands safely with no injuries
Business|Economy|Technology

China has shown 'utmost sincerity' over China-EU EV tariff talks, ministry says

China has shown the "utmost sincerity" over consultations relating to a European Union investigation into electric vehicle subsidies, and a comment attributed to an EU official is

China has shown 'utmost sincerity' over China-EU EV tariff talks, ministry says
Business|Technology

Boeing in talks with US Defense Department on impact of guilty plea, source says

Boeing is in talks with the U.S.

Boeing in talks with US Defense Department on impact of guilty plea, source says
News|Technology

FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue

The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen masks could fail during

FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue
Business|Technology

Airbus confirms it delivered 323 airplanes in first half

Airbus confirmed on Monday it had delivered 323 airplanes in the first half of the year, up 2% from 316 in the same period of 2023.

Airbus confirms it delivered 323 airplanes in first half
Business|Economy|Technology

ASML shares touch 1,000 euro mark amid optimism over customer TSMC

ASML shares briefly crossed the 1,000 euro ($1,084.30) mark for the first time on Monday, an all-time high, following positive research notes on top customer TSMC ahead of both

ASML shares touch 1,000 euro mark amid optimism over customer TSMC
News|Science|Technology

Satellite photos show Iran expanding missile production, sources say

Recent satellite imagery shows major expansions at two key Iranian ballistic missile facilities that two American researchers assessed

Satellite photos show Iran expanding missile production, sources say
News|Opinion|Political|Science|Technology

How Canada’s dream supersonic interceptor became a national nightmare

How Canada’s dream supersonic interceptor became a national nightmare

How Canada’s dream supersonic interceptor became a national nightmare
Business|Technology

Mercedes-Benz slows battery plans amid lower EV demand

Mercedes-Benz will wait to see if EV demand picks up before adding more battery cell capacity, with lower projected EV sales meaning it will no longer need

Mercedes-Benz slows battery plans amid lower EV demand
Business|Technology

Beijing to support use of self-driving cars in online ride-hailing services, state media says

China's capital Beijing has plans to support the use of self-driving cars in online ride-hailing services, the official Beijing Daily reported on Monday, citing municipal draft

Beijing to support use of self-driving cars in online ride-hailing services, state media says
Business|Technology

China's BYD plans $894 million EV parts project, state media says

Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total investment of 6.5 billion yuan ($894.2 million

China's BYD plans $894 million EV parts project, state media says
Business|Technology

Bitfarms names new CEO to guide it through strategic review

Bitcoin miner Bitfarms has appointed insider Ben Gagnon as its new chief executive officer to oversee a strategic review and navigate a dispute with its biggest shareholder, Riot Platforms

Bitfarms names new CEO to guide it through strategic review
Business|Technology

Vistra, Constellation Energy surge on clean energy demand bets to power AI tech

Nuclear power companies Constellation Energy and Vistra have become the top S&P 500 performers after Super Micro and Nvidia, as investors look beyond

Vistra, Constellation Energy surge on clean energy demand bets to power AI tech
Business|Technology

Corning raises second-quarter core sales forecast driven by AI boom

Corning raised its second-quarter core sales forecast on Monday, as demand for its fiber optic products surges with the rising adoption of generative AI technology, sending the specialty

Corning raises second-quarter core sales forecast driven by AI boom
Economy|Environment|Technology

British renewable industry pushes new govt to increase auction budget

Britain's renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help

British renewable industry pushes new govt to increase auction budget
Business|Technology

Stellantis' Italian output to drop sharply if incentives don't change trend, union says

Automaker Stellantis' output in Italy could drop by around a third this year if the government's recently introduced purchase incentives don't boost demand, especially for electric

Stellantis' Italian output to drop sharply if incentives don't change trend, union says
Business|Technology

ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports

Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said

ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports
Business|Technology

Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says

A record $7 billion in attorneys' fees for three firms that successfully challenged Elon Musk's $56 billion Tesla pay package provides an incentive for

Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says
Business|Technology

Ocado builds on Aeon partnership with plans for third robotic warehouse

British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan's Aeon with plans to build a third robotic warehouse.

Ocado builds on Aeon partnership with plans for third robotic warehouse
Business|Technology

Porsche sticks with plans to stop some combustion model production

Porsche is sticking to its guns in its transition of some models to electric vehicles, despite a recent weakness in demand for battery-powered cars, the carmaker's head of

Porsche sticks with plans to stop some combustion model production

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