Tech News

Range extenders: solar panels provide more juice to EVs

Startups and major carmakers are starting to incorporate solar panels on their electric vehicles, an addition that extends the range of the cars even if perpetual motion remains a dream.. "The value of putting solar on cars is that it can extend the range of the car," he said.

EU insurance ban targets Russian oil exports

An EU ban on insuring ships transporting Russian oil could potentially hurt Moscow more than its embargo on the nation's crude, analysts say.. The EU insurance and reinsurance ban, covering all maritime transportation of Russian oil, comes as Moscow seeks to ramp up sales to China and India to help offset the embargo.

Asian market losses driven by recession, inflation fears

Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian markets tumbling Wednesday, tracking a sharp drop on Wall Street.. That's what we've seen reflected in the markets over the last month or so."

Sony launches PC gaming gear, expanding beyond PlayStation

Japan's Sony is launching a new brand that will offer PC gaming gear, the company announced Wednesday, as it aims to expand beyond its flagship PlayStation console. . The first offerings from the new Inzone brand, targeted primarily at PC gamers, will be three wireless headsets and two monitors, the priciest of which will retail for a suggested $899.99 in the United States.

Google's new California offices bank on in-person work

Roofs coated with canopy-like solar panels and indoor spaces awash in sunlight: Google has bet big on in-person work with its sprawling new Silicon Valley offices.. Google has more than 45,000 employees in the Silicon Valley area. gc/jm

Netflix 'actively' working on ad-supported subscription

Netflix is "actively" working on building its cheaper, ad-supported deal, the company's French team said on Tuesday, but added there was no clear timeline. . "We don't have a precise timeline yet," Anne-Gabrielle Dauba-Pantanacce, head of communications for Netflix France, told AFP.  "We are actively working on it.

Party's over: Airbnb bans events permanently

Airbnb has made permanent its pandemic-era prohibition of parties at the properties rented out globally through its app, saying Tuesday the rules have been effective against problematic events.. After the pandemic hit, bringing the closure of many nightlife venues, people in some cases turned to hosting events at places rented through Airbnb, which in turn became a problem.

South Africa's Eskom announces further power cuts

South Africa, a country plagued by power shortages, on Tuesday imposed the the toughest electricity rationing in two and a half years after labour disputes disrupted production at several plants.. Power cuts are a major source of frustration and discontent in South Africa, where protests broke out near Eskom's offices last year. ten/sn/prc/ri

Record Ernst & Young fine in US for cheating on ethics exams

US authorities fined Ernst & Young a record $100 million over cheating on accounting ethics exams that the firm initially covered up from regulators, officials announced Tuesday.. On June 19, two days after the SEC fined KPMG $50 million over similar ethical misconduct, the agency sent Ernst & Young a formal request asking if the firm had received any ethics or whistleblowing complaints.

G7 takes aim at China over 'market-distorting' practices

G7 leaders on Tuesday condemned China's "non-transparent and market-distorting" international trade practices in an end-of-summit statement billed as "unprecedented" by the United States.. A US official called the collective statement "unprecedented in the context of the G7" in acknowledging "the harms caused by China's non-transparent, market distorting, industrial directives".