Tech News

US to require extra hour of rest for flight attendants

US authorities will require flight attendants be given an additional hour to rest between trips, according to new rule announced Tuesday.. The Federal Aviation Administration will lift the minimum rest time to 10 consecutive hours from nine, implementing a rule change as required by a 2018 law.

Micron unveils new $100 bn New York semiconductor plant

Micron announced Tuesday it will invest up to $100 billion to build semiconductors in New York state, capitalizing on US policies to boost domestic manufacturing of key goods.. New York state is providing $5.5 billion in state incentives over the life of the build-out and the project also expects to utilize tax credits under the Chips Act signed into law by President Biden in August, said a Micron news release.

Shell CEO hints energy firms should pay more tax

Shell's departing chief executive indicated Tuesday that governments should "probably" tax energy firms more to help protect the poorest from rocketing electricity and gas bills and ease the cost-of-living crisis.. "One way or another, there needs to be government intervention ... that somehow results in protecting the poorest.

EU lawmakers impose single charger for all smartphones

The EU parliament on Tuesday passed a new law requiring USB-C to be the single charger standard for all new smartphones, tablets and cameras from late 2024.. The EU law will in two years' time apply to all handheld mobile phones, tablets, digital cameras, headphones, headsets, portable speakers, handheld videogame consoles, e-readers, earbuds, keyboards, mice and portable navigation systems.

UK's embattled govt stares at new U-turn on economy

Britain's Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn.. Asked if any more U-turns were coming, Truss was evasive in an interview with LBC radio broadcast Tuesday but recorded on Monday.

UK's embattled govt stares at new U-turn on economy

Britain's Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn.. Asked if any more U-turns were coming, Truss was evasive in an interview with LBC radio broadcast Tuesday but recorded on Monday.

Australia hikes rates less than forecast, boosting stocks

Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow concerned about a slowing global economy sparked by rising borrowing costs and surging prices.. It added that the surge in prices had been driven by "global factors", along with strong spending levels in Australia.

Why crypto's big 'merge' is causing big headaches

The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 percent of the electricity used by the second-biggest cryptocurrency, experts have told AFP. That is no mean feat, given that the Ethereum blockchain was burning through about as much electricity as New Zealand.. Moritz Platt, a researcher specialising in crypto at King's College London, said the 99 percent estimates were realistic and heralded a positive step towards "cryptocurrency sustainability".

Asian traders track Wall St up as US data tempers rate fears

Asian markets followed Wall Street higher Tuesday after weak US factory data sparked optimism that a series of big interest rate hikes were taking their toll, allowing the Federal Reserve to ease its foot off the pedal.. Still, in early trade Tuesday, Asia built on the Wall Street surge.

Twitter Blue subscribers getting edit feature

Twitter on Monday said a feature to edit tweets is being rolled out to those subscribing to its Blue service in Australia, Canada and New Zealand.. Users of Twitter Blue -- the subscription offering now available in the United States, Canada, Australia and New Zeeland-- "receive early access to features and help us test them before they come to Twitter," the company said.