Tech News

The major players in gaming industry

Video game companies are fighting it out for a slice of an industry worth an estimated $300 billion, with a series of acquisitions leaving four giants and a clutch of feisty independents.. - The independents -  Several leading publishers have so far stayed out of the hands of the giants, but could become targets in the near future.

Sega to buy Angry Birds maker Rovio

Japanese gaming group Sega has offered to buy the creator of the popular Angry Birds franchise, Finland's Rovio, in a deal worth more than 700 million euros ($770 million), the companies said Monday.. Rovio launched its initial public offering on the Helsinki stock exchange in 2017, valuing the company at almost 900 million euros.

Spain vows to block farming near threatened wetlands

Spain has vowed to block a regional plan to legalise farming near one of Europe's largest and fauna-rich wetlands, where water supplies have plunged due to climate change and agriculture.. The PP says the plan will not hurt the wetlands since the newly regularised farms will only use surface water.

Asian markets mixed as wary traders weigh latest data

Asian markets fluctuated Monday as traders weighed a bigger-than-expected drop in US retail sales and a Federal Reserve official's support for further monetary tightening.. Analysts said that while the one percent drop in retail sales -- double what was forecast -- could give the US central bank more room to pause, it also revived worries that the world's top economy could tip into recession.

SpaceX Starship, world's biggest rocket, set for first test flight

SpaceX is counting down to the first test flight on Monday of Starship, the most powerful rocket ever built, designed to send astronauts to the Moon and Mars and beyond.. Starship is both bigger and more powerful than SLS. It generates 17 million pounds of thrust, more than twice that of the Saturn V rockets used to send Apollo astronauts to the Moon.

French court to deliver verdict in trial over 2009 Rio-Paris crash

A Paris court will on Monday hand down its verdict in the trial of Air France and plane manufacturer Airbus over the 2009 crash of a Rio-Paris flight, with families of the victims hoping judges will ignore the recommendation of prosecutors not to seek a conviction.. - 'Lost our speeds' - The prosecutors' decision not to seek a conviction does not mean that the three-person team of judges overseeing the trial has to follow their advice. 

'Monetizing hate': Unease as misinformation swirls on Twitter

When the iconic US diaper company Huggies was swamped with false pedophilia allegations last month, the conspiracy was traced to a once-banned influencer reinstated to Twitter by Elon Musk. . Kennedy, according to the advocacy group Media Matters, launched a conspiracy theory in late March that left the Huggies diaper brand fighting off extraordinary pedophilia accusations.

Yellen says sanctions may risk hegemony of US dollar

Economic sanctions imposed on Russia and other countries by the United States put the dollar's dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said Sunday.. Yellen noted that sanctions are an "extremely important tool," all the more so when used by the United States and its allies as "a coalition of partners acting together to impose these sanctions."

Europe's largest nuclear reactor enters service in Finland

Hours after Germany closed out its atomic era by turning off its last three nuclear reactors, the largest single reactor in Europe entered regular production in Finland, its operator said Sunday.. With a capacity of generating 1,600 megawatts, Olkiluoto 3 is the single largest nuclear reactor in Europe, while Ukraine's Zaporizhzhia plant, with its six reactors, is the largest nuclear plant.