Tech News

Qatar's Sheikh Jassim makes second bid as battle to buy Man Utd heats up

The battle to buy Manchester United heated up on Wednesday as Qatari banker Sheikh Jassim Bin Hamad Al Thani returned with a second bid for the English giants.. Sheikh Jassim is the son of former Qatari Prime Minister, Sheikh Hamad bin Jassim bin Jaber Al Thani, and his close links to the gulf state's ruling elite would raise questions over another Premier League club becoming a state-backed project.

TikTok users protest proposals for US ban at Congress

A group of TikTok content creators descended on the US Capitol Wednesday to protest against calls for a ban on the popular Chinese-owned video-sharing app, amid fears that it presents a national security threat.. A group of around a dozen teenagers, teachers and business owners rallied at Congress to discuss their opposition to a potential ban and draw attention to the benefits of TikTok on their lives and livelihoods. 

Reagan's 'Star Wars' at 40: Battle of the satellites

Forty years after US president Ronald Reagan stunned the nation and world with his "Star Wars" plan to take nuclear competition into outer space, a new battle of the satellites has emerged in the stratosphere.. Nevertheless space ultimately has become a major theater of strategic competition -- just not the way Reagan envisioned.

Relativity Space to make third bid to launch 3D-printed rocket

The world's first 3D printed rocket is scheduled to make its third attempt to lift off on Wednesday for the maiden flight of an innovative spacecraft billed as being less costly to produce and fly.. - Built in 60 days - Relativity's goal is to produce a rocket that is 95 percent 3D printed.

Blinken says China has not 'crossed line' on lethal aid to Russia

US Secretary of State Antony Blinken said Wednesday that China has not provided substantial military aid to Russia despite Beijing's ramping up of diplomatic support.. "I think their diplomatic support, their political support, and to some extent material support for Russia certainly goes against our interest in bringing this war to an end," Blinken said of China.

Debt-ridden China Evergrande rolls out restructuring plan

Troubled Chinese property giant Evergrande unveiled on Wednesday a long-awaited restructuring proposal for its massive debts, as it fights off a winding-up court petition brought by creditors in Hong Kong.. The next hearing in the Hong Kong winding-up case is scheduled for July 31, with Evergrande telling the court on Monday that it foresees October 1 as the last date by which its restructuring plan would take effect. 

TikTok boss to deny China ties to US lawmakers

TikTok CEO Shou Zi Chew will staunchly deny allegations by US lawmakers Thursday that the hugely popular video-sharing app had ever, or ever would, share data with the Chinese government.. "TikTok has never shared, or received a request to share, US user data with the Chinese government.

UK lawmakers overwhelmingly back key element of N.Irish trade pact

UK lawmakers endorsed Wednesday a crucial part of Prime Minister Rishi Sunak's post-Brexit deal with the EU to overhaul Northern Irish trade rules, despite a rebellion by ex-leader Boris Johnson and other Conservative eurosceptics.. However, in a rebuke to Sunak that could have implications for his political authority, 22 Tory MPs -- including former prime ministers Boris Johnson and Liz Truss -- opposed the brake, while another 48 declined to vote.

Ukraine needs $411 bn for reconstruction, recovery: World Bank

Ukraine's reconstruction and recovery needs have grown to $411 billion, just over a year since Russia's invasion, the World Bank said Wednesday.. Ukraine's reconstruction will "take several years," said the World Bank's vice president for Europe and Central Asia, Anna Bjerde.

Kenya's Ruto seeks to reassure investors after protests

Kenya's President William Ruto on Wednesday vowed to rein in "impunity" and sought to reassure investors in the wake of violent opposition protests against his government.. "Through the rule of law, the government will take robust measures to honour and respect the rights of all and demonstrate that no one is above the law by decisively combating impunity, lawlessness and disorder," Ruto said.