Tech News

Twitter says it is actively testing edit button

Twitter said Thursday it has begun actively testing an edit button, after months of publicly discussing such a tweak.. An aim of the tweak is that "Tweeting will feel more approachable and less stressful, Twitter said.

Russian firm Lukoil says chairman dies after 'serious illness'

Russian energy firm Lukoil said Thursday its chairman Ravil Maganov had passed away following a "serious illness", after Russian media reports said he died after falling out of a hospital window.. Several Russian media had earlier reported that Maganov died after falling out of a window of the Central Clinical Hospital in Moscow. 

UK real incomes to fall 10% in next two years: think tank

UK household incomes are set to fall 10 percent in real terms in the next two years in the steepest such drop for a century, an influential think tank forecast Thursday.. The Resolution Foundation, which focuses on improving living standards for low and middle-income families, published projections that median real household incomes will fall 10 percent between 2021-22 and 2023-2024.

Volkswagen shifts gears with Oliver Blume taking wheel

Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.. The board under "Herbert Diess has done a good job strategically and technologically," Blume said at a conference Thursday.

Angola's leader faces uphill battle after narrow win

President Joao Lourenco faces Herculean tasks of fixing Angola's economy and winning over its disillusioned youth as he enters his second term with decimated support, analysts say.. The leader of the winning party automatically ascends to the presidency, which means Lourenco has earned a second spell at the helm.

Moscow approves Japan stakes in Sakhalin energy project

Two Japanese trading houses will maintain stakes in a Russian energy project despite Tokyo joining sanctions on Moscow over the war in Ukraine, as the Asian country looks to secure its power supply.. Like other countries that have joined sanctions, Japan is seeking to reduce its reliance on Russian energy imports but struggling to find alternatives.

Volkswagen shifts gears with Oliver Blume taking wheel

Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.. The 63-year-old finally lost the confidence of Volkswagen's main shareholders -- the Porsche-Piech family -- as problems mounted in the group's software division, headed by the CEO himself.

Asian investors step up selling as rate hikes loom

Investors further unloaded equities in Asia on Thursday as they girded themselves for more interest rate hikes aimed at quelling runaway inflation, with some analysts warning that markets could retest the lows touched in June.. The hawkish remarks out of the Fed have dealt a hefty blow to a rally in markets from their June lows.

Lies, damn lies and social media: fake news stalks Brazil vote

In a divisive election campaign blighted by fears of unrest if far-right President Jair Bolsonaro refuses to accept defeat, Brazil is waging an uphill battle against disinformation wielded as a political weapon.. This has led to fears that his supporters might not accept the results, and that Brazil could see a burst of violence akin to the attack on the US Capitol in January 2021 in the wake of Donald Trump's loss to Joe Biden.

Five things on Brazil's voting machines

Brazil has used electronic voting machines in its elections since 1996.. With help from the military, computer experts developed the country's first electronic voting machine, rolled out in 57 cities for the 1996 local elections.