Tech News

Adidas stuck with Yeezy gear after dropping Kanye

Adidas said Wednesday it was still weighing what to do with its huge inventory of Kanye West's Yeezy products after it ended its partnership with the controversial rapper.. As a result, the group ended production of the highly successful Yeezy line designed together with West.

Kenyan innovators turn e-waste to bio-robotic prosthetic

Two portraits of Albert Einstein hang on the walls of a makeshift laboratory on Nairobi's outskirts, inspiring a pair of self-taught Kenyan innovators who have built a bio-robotic prosthetic arm out of electronic scrap.. The pair hope to turn their prosthetic arm and other innovations into a thriving business.

Hong Kong's Cathay Pacific reports first operating profit since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity.. The company said in its statement Wednesday that it operated at one-third of pre-pandemic passenger flight capacity in December but expects to reach 70 percent by the end of 2023.

China's students leap 'Great Firewall' to get homework help from ChatGPT

Chinese schoolchildren are turning to AI bot ChatGPT to slash their homework time -- vaulting the country's "Great Firewall" to write book reports and bone up on their language skills.. - AI book report - Chinese media last month reported major tech firms, including WeChat's parent Tencent and rival Ant Group, had been ordered to cut access to ChatGPT on their platforms, and state media blasted it as a tool for spreading "foreign political propaganda".

Hong Kong's Cathay Pacific reports first operating profit since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity.. The airline operated at one-third of pre-pandemic passenger flight capacity in December but expects to reach 70 percent of that figure by the end of 2023, the company said.

Activist investor triggers real-life K-pop industry drama

It is the kind of K-drama that rivets millions of viewers -- bitter boardroom battles, expensive lawyers, hostile takeover claims and high-stakes shareholder meetings.. The move made HYBE the single largest shareholder in SM Entertainment, prompting outraged protests from SM's management that it was a hostile takeover that would create an HYBE monopoly and damage the K-pop industry's massive potential.

Asia tracks Wall St losses after Powell's rate hike warning

Markets sank Wednesday, the dollar held big gains and oil struggled to recover from hefty losses after Federal Reserve boss Jerome Powell opened the door to a quicker pace of interest rate hikes as officials battle to tame inflation.. "If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes."

US probes rail firm's safety record after toxic derailment

The US transportation regulator announced a special investigation Tuesday into the safety record of Norfolk Southern Railway, a month after one of its trains derailed and released toxic chemicals in an Ohio town.. Another Norfolk Southern train derailed on March 4 near Springfield, Ohio.

Airbus deliveries bounce back in February

Airbus deliveries bounced modestly back in February following a poor January as the group announced on Tuesday it delivered 46 commercial aircraft to clients and also took 99 new orders.. But the manufacturer delivered 39 A320 jets over 16 in January.

US Justice Dept sues to block JetBlue-Spirit airline merger

The US Justice Department on Tuesday sued to block a $3.8 billion JetBlue-Spirit airline merger, saying that the combination would harm consumers and violate antitrust law.. On Tuesday, the Justice Department said removing Spirit from the travel market would "eliminate the unique competition" it provides as a low-cost carrier.