Search results for "Australia"

Asian shares mostly lower after tech-led retreat on Wall St

Shares fell in Asia on Friday after technology companies led Wall Street benchmarks lower as investors weighed the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai declined, but shares rose in Sydney. U.S. shares dropped a day after the Federal Reserve said it’s preparing to […]

U.S. wins appeal in Julian Assange extradition battle

In its bid for Julian Assange extradition, the U.S. government won on Friday an appeal in its year-long battle to involve the WikiLeaks founder in litigation, to face charges of espionage for publicizing confidential documents from the State Department. In January, the UK high court ruled that the founder will not be expedited for the […]

Q&A: Radian Arc CEO taps cloud gaming to become the champion of the 5G era

As the world grows ever more digitalized, infrastructure has been thrust into the limelight; and with the relative emergence of 5G, smart city development, and cloud gaming around the world, the need for Infrastructure-as-a-service (IaaS) companies continues to exponentially grow. According to a recent report by ResearchandMarkets, the IaaS market is expected to reach $74.63 […]

Instagram Launches Tool Urging Teens to Take a Break

Instagram on Tuesday launched a feature that urges teenagers to take breaks from the photo-sharing platform and announced other tools aimed at protecting young users from harmful content on the Facebook-owned service. The previously announced “Take A Break” feature encourages teens to stop scrolling if they have been on the social media platform for a […]

Austin: Allies, innovation key to US competition with China

The Pentagon intends to work better with private industry to develop high-tech systems and to strengthen relations with allies in the Indo-Pacific region in order to maintain a competitive edge over China, Defense Secretary Lloyd Austin said Saturday. Speaking at the Reagan National Defense Forum in California, Austin said recent military activity and aggressive moves […]

Amazon stops accepting UK Visa credit cards, cites high fees

Amazon says it will stop accepting Visa credit cards issued in the United Kingdom because of a dispute over fees, marking growing tensions between the companies. The online retail giant said in a message Wednesday to customers that they won’t be able to use the payment company’s U.K. credit cards starting Jan. 19, blaming “the […]

Europe bolsters pioneering tech rules with help from Haugen

European lawmakers have pioneered efforts to rein in big technology companies and are working to strengthen those rules, putting them ahead of the United States and other parts of world that have been slower to regulate Facebook and other social media giants facing increasing blowback over misinformation and other harmful content that can proliferate on […]

UK becomes first country to approve oral pill treating COVID-19

The UK’s medical regulator approved on Thursday the first oral pill treating COVID-19 developed by U.S.-based pharmaceutical companies Merck, Sharp and Dohme, and Ridgeback Biotherapeutics, with the government ordering 480,000 courses due for delivery in November. The pill, called Molnupiravir, will be administered to those recently diagnosed with the virus twice a day. The pill […]