Tech News

On the menu at a UK restaurant: carbon footprint

The menu at The Canteen in southwest England doesn't just let diners know how much a dish costs.. "In England if you're a big chain restaurant, it's the law that you have to have calories on (the menu)," he said. 

Space invaders: How video gamers are resisting a crypto onslaught

When video game designer Mark Venturelli was asked to speak at Brazil's biggest gaming festival, he submitted a generic-sounding title for his presentation -- "The Future of Game Design" -- but that was not the talk he gave.. Ubisoft, one of the world's biggest gaming firms, last year tried to introduce a marketplace to one of its hit games for trading NFTs, the digital tokens that act as receipts for anything from art to video game avatars. 

Bollywood seeks boost with 'Forrest Gump' remake

One of India's biggest stars is banking on a remake of Hollywood feelgood hit "Forrest Gump" to revive the fortunes of Hindi-language Bollywood, after a string of weak box-office showings.. - Competition - Recent silver-screen hits have not come from Hindi-language Bollywood but are in other Indian languages, such as action flicks "Pushpa", "KGF: Chapter 2" and "RRR".

Asian markets drop on rate worries ahead of inflation data

Asian equities fell Wednesday, tracking a drop on Wall Street ahead of a crucial US inflation report later in the day, which could have a huge bearing on the Federal Reserve's plans for raising interest rates.. "A strong inflation outcome today will likely reinforce the (board) is still some way away from that point yet, and see markets readjust higher their expectations for US interest rates."

China's consumer inflation pushes higher

China's consumer inflation rose in July to a two-year high, official data showed Wednesday, with a surge in pork prices pushing up the cost of food.. The producer price index (PPI) -- measuring the cost of goods at the factory gate -- rose 4.2 percent in July, down from 6.1 percent in June, official data showed Wednesday.

Jury finds ex-Twitter worker spied for Saudi royals

A former Twitter worker was found guilty on Tuesday of spying for Saudi officials keen to unmask critics on the platform.. Prosecutors accused Abouammo and fellow Twitter employee Ali Alzabarah of being enlisted by Saudi officials between late 2014 and early the following year to get private information on accounts firing off posts critical of the regime.

US stocks sink with all eyes on consumer price data

With all eyes on back-to-back inflation data coming this week, Wall Street stocks tumbled again on Tuesday as earnings warnings tanked tech shares.. While the data are expected to show monthly inflation slowing from June, the annual pace is likely to remain near 40-year highs.

Biden signs major semiconductors investment bill to compete against China

President Joe Biden signed into law Tuesday a multibillion dollar bill boosting domestic semiconductor and other high-tech manufacturing sectors that US leaders fear risk being dominated by rival China.. Shortly, Biden is also expected to be signing an enormous domestic investment bill -- backed only by Democrats -- aimed at fighting climate change and reducing health care costs.

At a Jakarta crosswalk, Indonesian teens take to the catwalk

A pedestrian crossing turned viral catwalk has become a site for Jakarta's young fashionistas to express themselves, while attracting the disapproval of police in the traffic-clogged Indonesian capital.. And its viral fame has attracted attention from celebrities and influencers, as well as public officials including President Joko Widodo, who said young people should be able to express themselves creatively.

Asian markets mixed as focus turns to inflation data

Asian equities were mixed Tuesday as investors await US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices.. Saira Malik, at investment manager Nuveen, told Bloomberg Television said the losses could kick in when investors realise "the Fed is not going to pivot on interest-rate hikes in early 2023, inflation should remain pretty persistent and rate hikes should continue".