China will launch a spacecraft on Sunday carrying three astronauts to the core module of the unfinished Chinese space station, where they will work and live for six months as construction enters advanced stages. A Long March-2F rocket carrying the Shenzhou-14 spacecraft is set to blast off from Jiuquan Satellite Launch Centre in the northwestern […]
News
Sony on Thursday said it formed a new company that will build and supply devices that allow small satellites in orbit to communicate with one another via laser beams, dipping into the fast-growing space sector. Sony Space Communications Corp, registered on Wednesday, is meant to take advantage of laser technology to avoid a bottleneck of […]
Microsoft Corp will not resist unionization efforts from its employees, its President Brad Smith said on Thursday, in a sign of growing receptiveness in the tech sector that has been for long unconcerned about organized labor. Microsoft recognizes employees legal right to choose to form or join a union, although they “will never need to […]
Airbnb Inc said on Friday it will facilitate the shift of housing and host data to several Chinese domestic rental platforms before it shuts down operations in mainland China from the end of July. Hosts will be able to migrate information about their listings and reviews with one click, it said. Airbnb has struck agreements […]
Meta Platforms Inc on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook’s data and online marketplace. Meta says it has already handed over more than a million documents to the European Commission since its first request in 2019 regarding its Facebook Marketplace, social networking […]
Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites. Amazon lambasted the bill on Wednesday saying in a blog post that the bill “jeopardizes two of […]
China’s Tencent Holdings has told staff it will no longer guarantee them a pay raise upon promotion, according to an internal letter seen by Reuters, as it reviews its salary policy amid a wider cost-cutting drive. The Chinese social media and gaming giant told its employees of the policy change on Tuesday, saying the decision […]
Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and Web3 spaces. The fund is supported by investment firms DST Global Partners, Breyer Capital and Whampoa Group as well as by other private equity firms […]
Greece and Saudi Arabia agreed on Tuesday on the main terms to set up a joint venture to lay a fibre optic data cable that will link Europe with Asia, Greek sources said on Tuesday. The “East to Med data Corridor”, an undersea and land data cable, will be developed by MENA HUB, owned by […]
Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and […]