SUQIAN, CHINA – OCTOBER 28, 2023 – Photo illustration X, Suqian, Jiangsu Province, China, October 28, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images The European Union has opened infringement proceedings against Elon Musk’s social media platform X, previously known […]
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Israel-linked hackers claim cyberattack that hit 70% of Iran’s gas stations
08/16/2023 Tehran, Iran. A view of the single nozzle fuel dispenser of a gas station in Tehran. (Photo by Hossein Beris / Middle East Images / Middle East Images via AFP) (Photo by HOSSEIN BERIS/Middle East Images/AFP via Getty Images) Hossein Beris | Afp | Getty Images A hacking group […]
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Herman Narula, co-founder and CEO of Improbable, speaks during a session at the Web Summit in Lisbon. Henrique Casinhas | Sopa Images | Lightrocket | Getty Images Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5 million ($97.1 million). […]
The best — and worst — countries to retire in Europe
Amsterdam, The Netherlands. Alexander Spatari | Moment | Getty Images Moving to another country to eventually retire requires a lot of careful research and planning, taking into account social security, health care, and finances. U.S. consultancy Mercer issues a closely-watched annual report that analyzes 47 different retirement income systems around […]
Shares of Chinese AI giant SenseTime plunge to an all-time low after founder’s death
A logo of SenseTime is seen during 2021 China Content Broadcasting Network Exhibition at China International Exhibition Center on May 29, 2021 in Beijing, China. Visual China Group | Getty Images Shares of Chinese artificial intelligence company SenseTime plunged as much as 18.25% on Monday, falling to an all-time low after […]
Asia’s family offices have been betting big on risk — but that could be changing
Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asia’s family offices used to have a far bigger appetite for risks compared to their global counterparts — but that could be changing, according to a recent survey. A Citi Private Bank global survey […]
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggested Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among […]
Forget the in-flight food — these are best and worst airlines when flying goes wrong
Modern aircraft, comfortable seats and unflappably pleasant flight attendants. These are factors many rankings consider in determining the world’s best airlines. But they overlook a crucial element, according to the passenger rights company AirHelp — how airlines treat customers when problems occur. “We believe that an airline should be assessed […]
Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggested Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among […]
Biden campaign says Trump’s repeated anti-immigration comments ‘parroted Adolf Hitler’
Former U.S. President and Republican presidential candidate Donald Trump speaks during a “Commit to Caucus” event for his supporters in Coralville, Iowa, U.S., December 13, 2023. Vincent Alban | Reuters The Biden campaign slammed former President Donald Trump for echoing Nazi sentiments with his repeated statements on Saturday night that […]