Tech News

UK pubs feel Christmas pressure as inflation bites

Inside the Mad Hatter pub in central London's South Bank district, everything is ready: the big tree, the bright lights, the fun Christmas signage. . Back at the Mad Hatter, John Paul Caffery, the owner of a technology consulting company, noted this year's Christmas party "is definitely more expensive than last year".

Apple loosens tight grip on App Store pricing

Apple on Tuesday announced the biggest upgrade to the App Store pricing system since the launch of the shop, allowing developers to charge from 29 cents to $10,000 for their offerings.. Under the updated pricing system, developers will be able to choose from 900 price points, which is nearly 10 times the number of pricing options previously available for app makers, Apple said.

Hungary scraps petrol price caps amid fuel shortage

Hungary on Tuesday abolished petrol price caps after a fuel shortage led to "panic buying" at petrol stations with Hungarian energy giant MOL blaming the price limits. . The government-mandated price cap on vehicle fuel products has led foreign firms to cut fuel shipments to Hungary, according to the Association of Independent Petrol Stations.

'Avatar 2' gets world premiere in London

One of the most delayed sequels in blockbuster history finally hit the big screen on Tuesday as "Avatar: The Way of Water" got its much-anticipated world premiere in London. . But Cameron added he was confident that the sequel to his 2009 blockbuster delivers. 

Meta expected to face new fines after EU privacy ruling

Meta is expected to face another large fine after Europe's data watchdog on Tuesday imposed binding decisions concerning the treatment of personal data by the owner of Facebook, Instagram and WhatsApp. . Previous interventions by the EDPS have led to large fines on tech platforms, including a 405-million-euro fine on Instagram in September over a breach in the handling of children's data.

Niger finance minister rebuffs pressure to drop oil drive

Niger's finance minister says lack of support from rich countries makes it impossible for his impoverished nation to abandon revenue from oil.. Under this scenario, oil income would account for half of the country's fiscal revenue and a quarter of GDP. Income from oil compares starkly with the funds channelled by rich countries to help poorer nations move to a climate-friendlier path, said Jidoud.

Airlines to return to profit in 2023: IATA

Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a Covid-induced crisis, an industry group said Tuesday.. And that expected improvement comes as global GDP growth slows, according to IATA's forecast, to 1.3 percent from 2.9 percent in 2022. 

Libya tells foreign energy firms it's safe to return

Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday assuring them security had begun to improve dramatically after clashes earlier this year.. NOC said its appeal followed a "realistic and  logical analysis of the security situation, which has begun to improve dramatically."

Oversight board slams Meta for special treatment of high-profile users

An oversight panel said on Tuesday Facebook and Instagram put business over human rights when giving special treatment to rule-breaking posts by politicians, celebrities and other high-profile users.. Meta told the board the program is intended to provide an additional layer of human review to posts by high-profile users that initially appear to break rules for content, the report indicated.