Tech News

France's Mbappe tops football earnings list at $128 mn: Forbes

French superstar striker Kylian Mbappe will earn a record $128 million in annual earnings to top the list of the world's highest-paid football players, according to a Friday Forbes magazine report.. Forbes reported the deal will bring Mbappe about $110 million for his salary and season share of a signing bonus plus an estimated $18 million in annual endorsement income from such companies as Nike, Dior, Hublot and Oakley.

Tesla to deliver 1st electric semis to PepsiCo in December

PepsiCo said Friday it will receive its first Tesla semi-trucks December 1, a vehicle Elon Musk has said can travel 500 miles on a single charge.. Musk announced the planned December 1 delivery inn a Twitter post Thursday night, calling the truck "super fun to drive."

Deal reached for civil aviation to try for net-zero emissions by 2050

UN aviation agency members reached an agreement Friday to try to achieve by 2050 net-zero carbon emissions in air travel -- often criticized for its outsized role in climate change.. The assembly, which brought together representatives from 193 nations at the International Civil Aviation Organization's Montreal headquarters, reached a "historic agreement on a collective long-term aspirational goal (LTAG) of net-zero carbon emissions by 2050!"

Biden moves to end legal limbo for US Big Tech in Europe

US President Joe Biden signed an executive order on Friday designed to protect the privacy of personal data transfers between the EU and the United States and address European concerns about US spying activity.. The White House said the executive order addresses concerns raised by the Court of Justice of the European Union when it ruled that the previous framework known as Privacy Shield did not provide adequate protection.

US releases new Arctic strategy as climate threat grows

US President Joe Biden's administration released a new Arctic strategy on Friday as the strategically and environmentally important region suffers worsening effects from climate change and sees increased international competition.. It also "recognizes the increased strategic competition that we've seen in the Arctic in terms of Russia and (China) over the last decade, and... seeks to position the US to effectively compete and also manage those tensions." wd/ec

Biden signs executive order on US-EU personal data privacy

US President Joe Biden signed an executive order on Friday designed to protect the privacy of personal data transfers between the EU and the United States and address European concerns about US intelligence collection activities.. The White House said the executive order addresses concerns raised by the Court of Justice of the European Union when it ruled that the previous framework known as Privacy Shield did not provide adequate protection.

US hiring slows in September as unemployment rate dips

Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back down to the same level as July, the government reported Friday.. But the central bank likely will want to see more progress on slowing price gains, which have been the fastest in 40 years, before pulling back on its aggressive interest rate increases.

Crypto scammers make off with $100 mn from Binance

Scammers stole cryptocurrency worth roughly $100 million from Binance, the world's biggest exchange for cryptoassets, the firm said on Friday.. It is among the biggest thefts in cryptocurrency history and comes in a year where scammers preying on the sector have got away with billions of dollars.

Meta warns of password stealing phone apps

Meta warned a million Facebook users Friday that they have been "exposed" to seemingly innocuous smartphone applications designed to steal passwords to the social network.. "We will notify one million users that they may have been exposed to these applications; that is not to say they have been compromised."

Ireland voices hope of end to post-Brexit trade row in N.Ireland

Ireland's foreign minister Simon Coveney on Friday gave hope of an end to wrangling over post-Brexit trading rules in Northern Ireland, as talks resumed to break the impasse.. The deal, signed separately from the Brexit trade agreement that took the UK out of the European Union, effectively keeps Northern Ireland within the European single market and customs union.