China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic […]
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Popular Chinese girl group THE9 held its debut “X-City” XR concert on March 26 and March 27, on via streaming platform, according to China-based iQIYI Inc. an innovative, market-leading online entertainer said. An immediate hit with viewers immediate success and has already sparked heated discussions amongst fans. “XR performance is so exciting” and “Now I […]
Uncertainty about demand for office space in a global pandemic is a big risk that investors will have to weigh as WeWork makes a second run at a public stock offering. A year after the novel coronavirus turned office towers into ghost towns worldwide, the embattled communal work space company said Friday it would merge […]
Chrissy Teigen has deleted her popular Twitter account, saying the site no longer plays a positive role in her life. “For over 10 years you guys have been my world,” Teigen wrote to her 13.7 million followers Wednesday night. “But it’s time to say goodbye. This no longer serves me as positively as it serves […]
The CEO of BetterUp Inc. said Wednesday that he hired Prince Harry as an executive because of his tenacious advocacy for the kind of mental health services that his firm provides, and the publicity brought by the move is merely a perk. Chief Executive Alexi Robichaux spoke to The Associated Press a day after the […]
China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights. On Monday, that image shattered when the European Union joined Washington, Britain and Canada in imposing sanctions on Chinese officials over accusations they abused ethnic minorities. Beijing […]
Britain plans to cut the size of its army and boost spending on drones, robots and a new “cyber force” under defense plans announced by the government on Monday. Defense Secretary Ben Wallace said the British Army would shrink from 76,500 soldiers to 72,500 by 2025. He said the army hadn’t been at its “established […]
Apple Inc. has been slapped with a $308.5 million penalty to be paid to Personalized Media Communications (PMC) following a decision by a federal judge in Texas that found the company infringing a tech patent related to data rights management. The patent in question primarily dealt with a “method of decrypting programming at a receiver […]
Visa is under investigation by the Department of Justice’s antitrust division over whether the company pushes merchants into more expensive forms of debit card payments, The Wall Street Journal reported Friday. The investigation is focused on how merchants route debit card transactions when a consumer makes an online transaction, according to the Journal, which cited […]
Transportation Secretary Pete Buttigieg said Thursday that an infrastructure plan expected soon from President Joe Biden will offer a “once in a century” opportunity to remake transportation in the United States, where cars and highways are no longer king. Speaking at the Austin, Texas-based South by Southwest conference, which is being held virtually this year, […]