Business News

Amazon cloud division head unexpectedly steps down
2024-05-14 21:39:43
The head of Amazon's AWS cloud computing business, Adam Selipsky, who was helping lead the company's expansion into AI, told workers he was stepping down Tuesday.
High-voltage technology to supercharge the mining industry
2024-05-14 21:39:25
Zapping rocks with a high-voltage pulse—similar to a lightning strike—could be the answer to decarbonizing the mining industry according to researchers from The University of Queensland.
Digital twin helps optimize manufacturing speed while satisfying quality constraints
2024-05-14 21:24:51
A new method uses a digital twin to optimize manufacturing machine speed—known as feed rate—while adhering to quality constraints, according to a study by University of Michigan researchers published in IEEE Access.
Stern Pinball takes on the world of John Wick
2024-05-14 19:44:47
Stern Pinball's latest pinball table takes on Keanu Reeves and John Wick.
Domestic lime instead of magnesium from overseas could reduce global dependence on raw materials
2024-05-14 15:58:12
With 87% of global production, China has a near monopoly on magnesium, an essential raw material for metallurgy. Engineers at the University of Duisburg-Essen and industrial partners have now developed a process that allows molten iron to be desulfurized to produce spheroidal graphite cast iron without using magnesium.
US to raise tariffs on EVs, batteries, solar cells, and computer chips from China
2024-05-14 15:36:58
Soaring tariffs lock Chinese EV manufacturers out of the US.
T-Mobile’s new “Flex” plans bring phone upgrades to prepaid subscribers
2024-05-14 14:05:36
Plans come with unlimited talk, text, and 5G data.
XCOM developers start new studio to take on The Sims
2024-05-14 14:05:35
Their first game will emphasize player-driven narratives.
Dune: Part Two starts streaming on Max next week
2024-05-14 14:05:17
What are you dune next week?
Amazon Web Services CEO to step down
2024-05-14 14:05:17
Adam Selipsky is stepping down, according to an internal memo.
New industry readies for launch as researchers hone offshore wind turbines that float
2024-05-14 14:00:39
As waves grew and gusts increased, a wind turbine bobbed gently, its blades spinning with a gentle woosh. The tempest reached a crescendo with little drama other than splashing water.
Swiss nursery lets robot do the talking
2024-05-14 14:00:39
Sat in a circle on the nursery floor, a group of Swiss three-year-olds ask a robot called Nao questions about giraffes and broccoli.
China tech giant Alibaba posts modest yearly revenue growth
2024-05-14 14:00:39
Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.
Sony net profit dips on-year but beats estimate
2024-05-14 09:28:01
Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.
Sony names two executives to lead PlayStation
2024-05-14 09:28:01
Sony on Monday said two veteran executives will take over as CEOs of its powerhouse gaming unit, taking the reins from Jim Ryan who retired in March.
Foxconn reports sharp rise in first-quarter net profit
2024-05-14 08:54:02
Taiwanese tech giant Foxconn on Tuesday reported a 72 percent jump in net profit during the first three months of 2024 compared to the same period last year as demand for investment in AI technology grows.
Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
2024-05-14 08:48:49
Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
Biden to announce new 100% tariffs on Chinese EVs
2024-05-14 04:28:39
The tariff on electric vehicles from China is currently 25%.
PlayStation Reversing Course On Helldivers 2 Is Both Smart And A Sign Of How Inept It Is
2024-05-13 23:32:48
This isn’t the first time the company has had to course correct after a boneheaded decision
AI gun detection company name-dropped Disney in its successful pitch to NYC
2024-05-13 22:22:26
Evolv is currently under investigation by the FEC and SEC.

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