Business News

Meta claims news is not an antidote to misinformation on its platforms
2024-07-09 08:02:10
Company says it has ‘never thought about news’ as a way to counter misleading content on Facebook and Instagram despite evidence to the contrary
New round of CEPA revision consultations completed, more opening-up measures to be launched
2024-07-09 06:00:09
The Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) have substantially completed a new round of revision consultations on the Closer Economic Partnership Arrangement (CEPA), and that more opening-up measures are expected to be adopted, said China’s Ministry of Commerce (MOFCOM) on Thursday.
More ethnic minority graduates return to hometowns, hope to bring technology, innovation to local communities
2024-07-09 06:00:05
Editor’s Note: The youth are the vanguards of our time, showcasing boundless energy and vibrant personalities. Gen-Zers not only represent the makers of the future but also serve as agents of change in the present. With an open mindset and an international outlook, they actively integrate into the currents of globalization, engaging in deep exchanges, and collaborating with youth from around the world to explore pathways and strategies to address global challenges. The Global Times launched the “Voice from Gen Z” series, which focuses on the proactive actions and innovative achievements of young people in areas such as global governance, cultural exchange, environmental protection, and technological innovation. Through this column, we aim to showcase the unique charm and future leadership of global Gen-Zers.
Saudi Arabia spending big for a place on the gaming map
2024-07-09 03:35:02
Saudi Arabia is moving aggressively with its investments in more gaming companies, the Canadian industry veteran steering the kingdom's push to become a global hub for the sector told AFP Friday.
Montenegro court rejects extradition order for crypto tycoon
2024-07-09 03:35:02
A Montenegro appeals court on Friday reversed an order to extradite cryptocurrency entrepreneur Do Kwon to South Korea—where he is wanted over the multi-billion-dollar collapse of the Terraform Labs company.
Deals in brief: The Gentle Group bags SGD 2 million, DealCart raises seed funding, 11 China deals, and more | KrASIA
2024-07-09 01:18:47
Bringing you the latest updates on funding deals and activities in the Asia Pacific.
Gothic, Elex Developer Pirahna Bytes Has Reportedly Shut Down
2024-07-09 01:03:16
After months of silence, it appears the worst has happened to the decades-old studio.
Epic Games claims Apple has terminated its developer account on iOS
2024-07-09 00:57:12
According to Epic Games, it will no longer be able to develop and maintain apps on the Apple ecosystem, which it claims violates EU's Digital Markets Act.
Walmart Plus members can unlock $649 MacBook Air Early Access Deal
2024-07-09 00:37:13
With Walmart Plus, which is 50% off for a limited time, you can pick up Apple's M1 MacBook Air at the all-time best price of $649 as the retailer takes on Amazon ahead of Prime Day.
Meta’s $24.99 monthly pay later plan covers the Quest 3 and Quest Plus
2024-07-09 00:16:33
Meta tries its hand at a hardware and services bundle.
"Forever" stamp prices are rising again. Here's when and how much they will cost.
2024-07-09 00:12:17
The USPS is set to hike the cost of postage for the second time this year. Here's when the new rates are taking effect.
Get up to 25% off Greenworks lawn care ahead of Amazon Prime Day 2024
2024-07-09 00:12:14
Save up to 25% on electric lawn mowers, power washers and more during the Greenworks pre-Prime Day sale on Amazon.
Target says it will soon stop accepting personal checks from customers. Here's why.
2024-07-09 00:12:13
Starting July 15, Target will no longer accept personal checks as payment from customers, citing changing financial habits.
US regulator orders Boeing inspections over oxygen mask issue
2024-07-08 21:14:20
US aviation regulators said Monday that thousands of Boeing 737 airplanes would need to be inspected, amid concerns that passenger oxygen masks could fail in emergencies.
AI boom reshapes Wall Street as TSMC joins trillion-dollar club
2024-07-08 19:50:21
The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.
Kelly Slater Drops a 4-Word Request After Spotting Fan Wearing a Shirt With His Image On
2024-07-08 18:56:17
Surfing legend Kelly Slater took to his Instagram to share his obsession over a shirt that he found in a fan's Instagram story.
Apple looks to India for iPads and AirPod charging cases
2024-07-08 17:19:28
Apple is reportedly investigating expanding iPad manufacturing to India, as well as AirPod charging cases, following its rapidly growing iPhone production in the country.
Power-hungry AI is driving a surge in tech giant carbon emissions—nobody knows what to do about it
2024-07-08 16:14:58
Since the release of ChatGPT in November 2022, the world has seen an incredible surge in investment, development and use of artificial intelligence (AI) applications. According to one estimate, the amount of computational power used for AI is doubling roughly every 100 days.
Paramount Has Been Assimilated by Skydance Media in Eight Billion Dollar Takeover
2024-07-08 14:36:38
Skydance Media and its backers have reached a deal to invest an astounding $8 billion dollars in a takeover of Paramount Global–bringing new ownership of CBS, Nickelodeon, and Paramount Pictures for the first time in nearly half a century.
China's BYD to open electric car plant in Turkey
2024-07-08 14:20:24
China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion.

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