Tech News

CNN chief Chris Licht ends turbulent run at network

Chris Licht, the embattled head of CNN, has stepped down "effective immediately," the network's parent company Warner Brothers Discovery announced Wednesday, as the global news outlet struggles to reverse a ratings decline.. During Licht's tenure, CNN saw ratings diminish even as it tried to position itself in the middle between the hard-right Fox News and the progressive MSNBC. In announcing the change, Warner Brothers Discovery chief David Zaslav said he has "great respect" for Licht, whom he described as passionate about journalism.

Wed, Jun 7, 2023 3 mins read

Tech News

Rights group sues Ethiopian Airlines for 'discriminating' against Tigrayans

National flag carrier Ethiopian Airlines has been summoned for a court hearing Friday over claims by a human rights group that it discriminated against travellers from Tigray, according to court documents seen by AFP. The airline, which has a monopoly on domestic flights, resumed air links between the capital Addis Ababa and the Tigray region after a peace deal was signed in November 2022 ending two years of conflict in northern Ethiopia.. The NGO said it wanted the tribunal to order the airline to "lift its prohibition on 15-60 year-olds from travelling from Tigray to Addis Ababa and foreign destinations," to provide equal service to all customers and to stop the "price discrimination."

Wed, Jun 7, 2023 1 mins read

Tech News

'AI doctor' better at predicting patient outcomes, including death

Artificial intelligence has proven itself useful in reading medical imaging and even shown it can pass doctors' licensing exams.. "So our basic insight was, can we start with medical notes as our source of data, and then build predictive models on top of it?"

Wed, Jun 7, 2023 2 mins read

Tech News

Canada central bank raises key lending rate to 4.75%

Canada's central bank on Wednesday increased its key lending rate by 25 basis points to 4.75 percent, as the economy surged unexpectedly and inflation remained stubbornly high.. Desjardins analyst Royce Mendes echoed that view, saying he "continues to lean towards another 25 basis point rate hike in July, which would take the policy rate up to 5.00 percent -- the highest since 2001." amc/bfm

Wed, Jun 7, 2023 2 mins read

Tech News

German arms maker guns for rapid production as Ukraine war rages

In a factory in a tranquil German village, 120 mm tank shells with black-painted tips, packed into wooden crates, sit on pallets waiting to be delivered to Ukraine. . This position will be cemented with the acquisition of Spain's Expal, a leading manufacturer of 120 mm shells.

Wed, Jun 7, 2023 3 mins read

Tech News

All-time high export volumes widen Canada trade surplus

Canada's trade surplus widened sharply to Can$1.9 billion (US$1.4 billion) in April, as exports rebounded to an all-time high in terms of volumes, the national statistical agency said Wednesday.. According to Statistics Canada, exports increased 2.5 percent in April after two consecutive monthly declines.

Wed, Jun 7, 2023 0 mins read

Tech News

Pullback in exports widens US trade gap in April

The US trade deficit grew in April on a pullback in exports, bringing the gap to its widest since October 2022, according to government data released on Wednesday.. In April, the overall trade deficit was $74.6 billion, expanding slightly less than expected by $14 billion, according to Commerce Department data.

Wed, Jun 7, 2023 1 mins read

Tech News

AI meets VR to keep Holocaust memory alive

Inge Auerbacher fears for a future when Holocaust survivors like her can no longer bear witness.. "I spent much of my life with Holocaust survivors and in spite of all of the hate that they experienced, they have made amazing contributions to society," he told AFP. "There's a great deal to take from the human spirit, from resilience and tenacity.

Wed, Jun 7, 2023 3 mins read

Tech News

EU approves first vaccine against common respiratory virus

The European Commission has followed the United States in approving the world's first vaccine for the Respiratory Syncytial Virus, to be used by adults aged 60 and over, its maker GlaxoSmithKline said Wednesday.. GSK said RSV is "a common, contagious respiratory virus that leads to... approximately 20,000 in-hospital deaths each year in adults aged 60 years and over in Europe".

Wed, Jun 7, 2023 2 mins read

Tech News

Turkish lira hits new dollar low after election

The Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election of President Recep Tayyip Erdogan.. The currency, which was propped up by the central bank before the presidential election, fell five percent to 22.77 lira per dollar at around 0645 GMT. Erdogan was sworn in on Saturday after winning a historic election runoff on May 28 and named a new cabinet appointing market-friendly politician Mehmet Simsek as finance minister. 

Wed, Jun 7, 2023 2 mins read