Tech News

US Fed's favored inflation gauge declined sharply in May

The US inflation measure most closely watched by the Federal Reserve declined sharply in May, official figures showed Friday, returning to a downward trend after a jump a month earlier.. The personal consumption expenditures (PCE) index measure of inflation eased to 3.8 percent year-on-year in May, a significant drop from 4.3 percent a month earlier, the Commerce Department said in a statement.

Orchestra-conducting robot wows audience in S. Korean capital

A South Korean-made robot made its debut as an orchestra conductor before a sell-out crowd in Seoul on Friday, wowing the audience with a flawless performance in place of a human maestro. . While there have been musical performances led by robotic conductors in the past, including a 2017 concert led by the robot YuMi in Italy, this was the first time South Koreans were able to witness a robotic conductor on stage. 

Falling energy prices push eurozone inflation down

Eurozone inflation eased further in June as energy costs slid but those of food and drinks remained elevated as underlying price pressures persist, official data showed Friday.. According to other Eurostat data published Friday, the unemployment rate in the eurozone remained stable in May at 6.5 percent. raz/rmb/lth

Pokemon Go firm Niantic slashes staff

The maker of mobile game Pokemon Go has said it will slash 230 jobs, almost one-third of its staff, in another blow to the tech industry.. Hundreds of thousands of people have lost their jobs in the tech sector over the past year, with firms often blaming over-hiring during the pandemic.

Indian court dismisses Twitter plea on takedown orders

An Indian court on Friday fined Twitter $61,000 after dismissing its plea challenging orders to remove tweets and accounts critical of Prime Minister Narendra Modi's government. . At the peak of the coronavirus pandemic in 2021, the government ordered Twitter and Facebook to remove dozens of posts critical of the government's handling of the outbreak.

Strike grounds flights at Geneva airport

A strike paralysed Geneva airport on Friday, grounding flights for two days at Switzerland's second-busiest airport at the start of the busy summer travel season.. A number of international flights from North America and the Middle East had been delayed in order to arrive after the initial strike was due to end, according to a tweet by the airport on Friday.

IMF and Pakistan reach $3 billion stand-by deal

Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the IMF in Washington late Thursday.. "I am pleased to announce that the IMF team has reached a staff-level agreement with the Pakistani authorities on a nine-month standby arrangement in the amount of SDR 2,250 million (about $3 billion)," said IMF official Nathan Porter in a statement.

64 flights cancelled at Geneva airport over strike

Some 64 flights were cancelled at Geneva's international airport on Friday, it said, after operations were halted for four hours because of a strike by workers at the start of the busy summer travel season.. "Because of the social action... the direction decided a temporary halt of operations from 6:00 am to 10:00 am (0400 GMT and 0800 GMT)," the airport said in a tweet early on Friday. "64 flights -- arrivals and departures -- cancelled."

'Significant threat': Around world, doctors battle impersonators

A Thai doctor endorsing a dubious diabetes treatment, a Filipino physician touting crotch-enhancing underwear, a US doctor sparking off anti-vaccine conspiracies -- they are all victims of identity theft plaguing health professionals.. "I get impersonated (nearly) every month," Thiravat Hemachudha, a Thai neurologist, told AFP. "These fraudsters want to make money, so they cite renowned or credible health professionals to support their claims."

Online police patrol the internet in Denmark

At Denmark's police headquarters, officers have been glued to their computers playing the popular video game Counter-Strike.. And I think they choose to come because it's fun to play video games... and some need more of a social life," he said.