Tech News

Asian markets extend losses as traders brace for Fed hike

Asian markets fell Monday as traders extended last week's rout across risk assets, with expectations high that the Federal Reserve will this week announce another outsized interest rate hike.. Asian equity investors continued the selling on Monday.

Spielberg's 'The Fabelmans' wins Toronto festival top prize

Steven Spielberg's deeply personal new movie "The Fabelmans" secured its position as an early Oscars frontrunner Sunday by winning the top prize at the Toronto International Film festival.. "This is the most personal film I've made and the warm reception from everyone in Toronto made my first visit to TIFF so intimate and personal for me and my entire 'Fabelman' family."

Steep Fed rate hike seen as certainty after ugly inflation data

The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for the central bank to continue to act aggressively.. While the latest data showed US annual inflation slowed slightly to 8.3 percent in August -- from a peak of 9.1 percent in June -- prices actually accelerated slightly in the month, reflecting widespread price increases.

Tunisian 'hanging garden' farms cling on despite drought

High in the hills of northwestern Tunisia, farmers are tending thousands of fig trees with a unique system of terracing they hope will protect them from ever-harsher droughts.. Farmer Lotfi El Zarmani, 52, said there was also growing demand for Djebba figs, which were given a protected designation of origin by the agriculture ministry in 2012 -- still the only Tunisian fruit to enjoy the certification.

China doubles down on coal as energy crunch bites

China has stepped up spending on coal in the face of extreme weather, a domestic energy crunch and rising global fuel prices -- raising concerns Beijing's policies may hinder the fight against climate change.. The independent Climate Action Tracker warns that even the "most binding" climate targets laid out by Beijing would be in line with global warming of between three and four degrees Celsius before the end of the century -- well above the Paris Agreement's goal to limit global warming to 1.5C. To meet that goal, it said, China would "need to reduce emissions as early as possible and well before 2030" -- as well as "decrease coal and other fossil fuel consumption at a much faster rate than currently planned".

Wanted crypto founder Do Kwon says 'not on the run'

Do Kwon, the wanted South Korean founder of the failed cryptocurrency Terra, denied Sunday he was on the run after the Singapore police said he was not in the city-state as had been believed.. Early Sunday he said on Twitter: "I am 'not on the run' or anything similar", but did not reveal where he was.

Queen Elizabeth's favourite brands face losing royal warrant

Queen Elizabeth II's death means that around 600 of her favourite brands risk losing their royal warrant and must now await the approval of her successor King Charles III. Fortnum and Mason teas, Burberry raincoats, Cadbury chocolate and even broomstick and dog food manufacturers are among those facing the loss of royal prestige.. Fortnum and Mason has a long and close history with the royal family, having created Royal Blend tea for king Edward VII in 1902.

US gets a voice in Epic battle with Apple

The US justice department wants to have its say on Apple's antitrust tussle with Epic Games, which is due to be heard on appeal next month -- a year after a Californian court ruled largely in favor of the iPhone maker. . Attorneys for Apple, Epic and the justice department will all speak to the appeals court, which will also consider their written arguments. gc/st

How queen’s death followed a disinformation playbook

The death of Queen Elizabeth II has laid bare a blueprint for how disinformation flourishes around major news events, with bad actors taking advantage to grab attention and sow confusion.. - Well-worn tactics - Warning signs of disinformation sprang up as soon as the queen went under medical supervision, when imposter Twitter accounts disguised as news outlets published and relayed false updates on her status. 

Young hacker tricks way into Uber's system: reports

Uber said Friday it was investigating a "cybersecurity incident," declining to comment on reports a young hacker had gained access to the ride-hailing company's computer network.. Uber said Friday that its services were all operational and that it had "no evidence that the incident involved access to sensitive data" such as users' trip history.