Business News

XFL and USFL merge to form "United Football League," XFL co-owners Dwayne Johnson and Dany Garcia announce
2024-01-01 02:12:02
The new premier football league, which will kick off on March 30 next year, was announced by XFL co-owners Dwayne Johnson and Dany Garcia on Sunday.
Heroes to zeroes in 12 months: How the two biggest crypto billionaire CEOs proved the critics right
2023-12-31 15:19:55
FTX's Sam Bankman-Fried and Binance's Changpeng Zhao both went from industry titans to convicted frauds in the span of 12 months.
Threads, Underdogs, and Goldman Sachs is unhappy -- July 2023 in review
2023-12-30 18:24:19
July 2023 saw Twitter become X, Threads briefly become a Twitter rival, and Apple's Underdogs return — but none of it mattered because apparently Android was finally better than iOS, so there.
Grab up to $950 in savings just in time for the New Year with exclusive deals
2023-12-30 18:24:06
Start your New Year's resolutions early by saving huge amounts of money on Apple gear through Adorama with discounts of up to $950 off retail price.
China, Angola sign reciprocal investment protection agreement, as economic partnership will be accelerated: Foreign Minister Téte António
2023-12-30 16:42:40
During the past 40 years, China and Angola have nurtured deep trade and economic cooperation, which is win-win. Angola is China's second-largest trading partner in Africa, with China being both a top export destination and import source for Angola. Despite negative portrayals in the Western media, the bilateral relations remain harmonious and strong. The Global Times (GT) reporter Yin Yeping recently interviewed Angolan Foreign Minister Téte António (António) during his visit to China from December 5 to 8, who noted the importance of continuing to improve Angola-China ties.
China does not support trade protection through climate policies: China's climate envoy at COP28
2023-12-30 16:42:38
China supports fair trade of climate-friendly technologies and products, including zero-carbon and low-carbon technologies and products, Xie Zhenhua, China's special envoy for climate change, said during the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) held in Dubai, United Arab Emirates on Saturday local time.
Pulse on China's Economy: China's NEV sales continue to soar, injecting fresh momentum into high-quality growth
2023-12-30 16:42:25
China's new-energy vehicle (NEV) sales have continued to surge throughout the year, with the momentum expected to continue into 2024. Aligned with a recent tone-setting key Party meeting, which emphasized the pivotal role of technology innovation in industrial modernization, experts on Monday highlighted the NEV sector as a representative leader in spearheading innovation and driving overall growth.
China, Australia agree to expedite trade procedure by adopting AEO program
2023-12-30 16:42:25
China and Australia will facilitate customs clearance for commodities trading via certified operators with Authorized Economic Operator (AEO) status starting from December 14, 2023, China's General Administration of Customs (GAC) said on Monday.
GT investigates: How US vilifies China's chip progress with cognitive warfare tricks?
2023-12-30 16:42:21
“Cognitive Warfare” has become a new form of confrontation between states, and a new security threat. With new technological means, it sets agendas and spreads disinformation, so as to change people’s perceptions and thus alter their self-identity. Launching cognitive warfare against China is an important means for Western anti-China forces to attack and discredit the country. Under the manipulation of the US-led West, the “China threat theory” has continued to foment.
China, Vietnam agree to upgrade broad cooperation, expand existing rail links
2023-12-30 16:40:18
On December 2, a high-speed railway connecting Dongxing city in South China’s Guangxi Zhuang Autonomous Region, bordering Vietnam, entered trial operation.
Nvidia is releasing a slower RTX 4090 in China to comply with US restrictions
2023-12-30 14:08:38
The US doesn’t allow Nvidia to sell the RTX 4090 in China.
2023’s great games were overshadowed by a dark cloud of layoffs
2023-12-30 14:06:42
Over 9,000 people are without jobs in one of the worst years for video game employment.
Boeing asks airlines to inspect 737 Max jets for potential loose bolt
2023-12-30 14:02:53
Boeing is asking airlines to inspect its 737 Max jets for a potential loose bolt in the rudder control system, the airplane maker and Federal Aviation Administration confirmed this week.
Tech stocks just wrapped up one of their best years in past two decades after 2022 slump
2023-12-30 10:43:51
The Nasdaq climbed 43% in 2023, one of the sharpest rally for the tech-heavy index in 20 years.
Oregon newspaper forced to lay off entire staff after discovering that an employee embezzled funds
2023-12-30 05:32:14
When the Eugene Weekly realized it couldn't make the next payroll, it was forced to lay off all of its 10 staff members and stop its print edition.
Don Lemon Says Elon Musk's Visit to Israel Is A 'Smart Move'
2023-12-30 01:44:15
Don Lemon is backing Elon Musk's trip to Israel ... after the tech mogul touched down in Israel Monday to survey the destruction left behind by Hamas.
End Call crisis, Siri wins, and Apple gets Messi -- August 2023 in review
2023-12-29 20:54:36
August 2023 was a month where Vision Pro was talked about, iOS 17's End Call button was argued over, Apple TV+ exploded with new football fans, and there was yet more about AI.
Motivation behind energy-efficient upgrades differs by location
2023-12-29 16:54:32
With several billion dollars available from the Inflation Reduction Act for upgrades to increase energy efficiency of the home, now is the time for consumers to take advantage of federal government subsidies that will help lower their energy costs and carbon footprint while increasing comfort in their homes.
Machine learning methods to protect banks from risks of complex investment products
2023-12-29 16:54:31
Artificial intelligence (AI) is frequently touted as a silver bullet to solve complex modeling problems. Among its many applications, it has been investigated as a tool to manage risks of complex investment products—so-called derivative contracts—in the investment banking area. Despite the multiple positive reports in this area, concerns have been raised about their practical applicability.
Google agrees to settle $5 bn consumer privacy lawsuit
2023-12-29 15:17:00
Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing privately.

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