Tech News

Tech billionaires see wealth shrink amid 2022 stock crunch

The fortunes of Silicon Valley billionaires took a beating in 2022 as share prices of the world's tech giants plummeted.. His fortune however remains heavily tied to the online retail giant's share price, which has fallen by more than 49 percent in 2022.

Taiwan's TSMC begins mass production of 3nm chips

Taiwanese tech giant TSMC said Thursday it has started mass production of its 3-nanometre chips, among the most advanced to come to market.. TSMC alone accounts for nearly 50 percentĀ of the world's production of chips below 10nm.

Twitter outages hit thousands of users worldwide

Twitter users around the world reported errors accessing it for several hours, web monitors said Wednesday, in one of the biggest outages since Elon Musk bought the platform.. Web monitor NetBlocks said the outages were international and "not related to country-level internet disruptions or filtering".

Asian stocks down as Covid surge in China spooks investors

Asia-Pacific stocks fell in early trade on Thursday as the Covid surge in China cast a shadow over markets across the region.. The United States, Japan and Italy have imposed restrictions on visitors from China, and a senior US official warned that the surge increases the potential for new Covid variants to emerge.

Japan's 'Little Trains that Could' battle for survival

In the driver's seat of a two-carriage train, Katsunori Takemoto puts on his white gloves and checks the antiquated gauges before setting out alongside cabbage fields in Japan's rural Chiba.. Like many small railway lines across Japan's countryside, the 60-year-old trains that ply this route are a loss-maker, but Takemoto has found a way to keep the business afloat.

Canada-led group seeks arbitrator over jet downing by Iran

A group of countries led by Canada on Wednesday called for an arbitrator to settle claims against Iran over its shooting down of a Ukrainian passenger plane in January 2020.. The group of countries led by Canada accuses Iran's Islamic Revolutionary Guard Corps of having "launched unlawfully and intentionally" two surface-to-air missiles at the jetliner.

Ethiopian Airlines makes first flight to Tigray in 18 months

Families embraced and wept in emotional reunions Wednesday after the first commercial flight in 18 months between Ethiopia's capital city and the war-torn Tigray region to the north.. The return of flights between Addis Ababa and Tigray's capital Mekele follows a ceasefire reached between government and rebel forces last month and the gradual reopening of the stricken region.

Asian markets fall as China reopening spurs inflation fears

Asian markets were mostly lower on Wednesday following declines on Wall Street as China's move to reopen after abandoning its zero-Covid policy revived inflation fears.. China's scrapping of pandemic restrictions has spurred hopes for its economic revival but also raised fears it will add to inflationary pressure.

As AI rises, lawmakers try to catch up

From "intelligent" vacuum cleaners and driverless cars to advanced techniques for diagnosing diseases, artificial intelligence has burrowed its way into every arena of modern life.. Its promoters reckon it is revolutionising human experience, but critics stress that the technology risks putting machines in charge of life-changing decisions.