Tech News

No more red envelopes: Netflix ejects DVD service

After shipping out more than five billion DVDs in its trademark red envelopes, Netflix has finally called time on the movies-by-mail subscription service that launched the Hollywood streaming colossus.. Netflix, which dominates the streaming market, began life in 1998 as a US-only DVD-by-mail rental company, taking on the then-mighty movie rental giant Blockbuster, before dipping into video-on-demand as a perk for its customers.

Why a junior US guardsman had top secret access

Jack Teixeira gained a high-level security clearance through his job as an IT specialist just two years after joining the Air National Guard -- a relatively common situation he allegedly exploited to leak top secret US documents.. Teixeira joined the Air National Guard, a military reserve force, in September 2019.

Security guards at London's Heathrow airport to strike in May

Security guards at London's Heathrow airport will strike for a further eight days next month in a dispute over pay, their union announced Wednesday, as various UK industrial action rumbles on.. An airport spokesperson said Terminal Five's operations ran "smoothly" during the previous industrial action and that "passengers can have confidence that we will do so again this time".

HSBC urges shareholders to vote against proposed split

Bank giant HSBC on Wednesday reached out to shareholders, urging them to vote down a proposal by its largest stakeholder, Chinese insurer Ping An, to split the business.. It called on shareholders to vote against the proposal at the bank's annual general meeting on May 5.

EU pledges more cash in Ukraine grain standoff, Bulgaria bans imports

Brussels on Wednesday offered an extra 100 million euros of support for EU farmers to ease a standoff over Ukrainian grain after Bulgaria became the latest country to approve a temporary ban on food products from the war-hit nation.. As Brussels scrambles to find a solution to appease the deadlock, the European Commission on Wednesday proposed an extra 100 million euros ($110 million) of support for farmers.

Bulgaria bans Ukraine grain imports, Hungary widens restrictions

Bulgaria's government on Wednesday approved a temporary ban on imports of Ukrainian grain and other food products after Hungary widened the scope of its ban to include more foodstuffs. . - 'Serious disturbances' - Earlier Wednesday, Hungary's government widened its temporary ban on the imports of Ukrainian agricultural products to include honey, wine, bread, sugar, and a range of meat and vegetable products.

China's CATL unveils battery planned to power planes

China's CATL said Wednesday it was working with partners to develop electric passenger planes as they unveiled a condensed matter battery it said was strong enough to power such an aircraft.. CATL did not specify who its airline partners were but said it was practising aviation-level standards and testing in accordance with industry requirements.

German union calls for new rail strike Friday

German transport union EVG on Wednesday called for a rail strike as workers demand higher wages to cope with high rates of inflation, the latest industrial action in Europe's largest economy.. The industrial action will heap on more transport woes for travellers. 

UK inflation eases but holds above 10%: data

UK inflation slowed slightly last month but held stubbornly above 10 percent, official data showed Wednesday, further fuelling a cost-of-living crisis despite an aggressive series of interest-rate hikes.. The UK's Conservative government, headed by Prime Minister Rishi Sunak, had last month unveiled a budget aimed at tackling a cost-of-living crisis -- which has sparked strikes as many wages fail to keep pace.