Tech News

Montenegro paves way for bail of crypto fugitive Do Kwon

A Montenegro court on Friday paved the way for the release on bail of fugitive cryptocurrency entrepreneur Do Kwon, as he awaits trial for document forgery.. The court "accepted bail of 400,000 euros" ($435,000) each for Kwon and a companion he was arrested with in March.

Battery makers turn northern French region into 'electric valley'

Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European source of new energy technology.. - Car-making cluster - The Hauts de France region was once one of the industrial heartlands of France, a key source of textiles, coal, steel and then vehicles as car manufacturing took off in the middle of the last century.

Top exec leaves NBCUniversal amid Twitter CEO reports

A top advertising executive stepped down from NBCUniversal on Friday and is understood to be first in line to become the next CEO of Twitter, replacing owner Elon Musk.. "Excited to announce that I've hired a new CEO for X/Twitter," Musk said in his tweet on Thursday, adding that the unnamed executive would start in about six weeks.

Architects don't need AI, says high-tech pioneer Norman Foster

British architect Norman Foster has spent six decades pushing the boundaries of technology with awe-inspiring modernist structures from California to Hong Kong, but he is yet to be convinced by the craze for artificial intelligence.. That physicality, you can't replicate by artificial intelligence."

Positive trial results for RSV infant treatment: Sanofi

French pharmaceutical giant Sanofi announced trial results on Friday that showed its preventative treatment for respiratory syncytial virus (RSV) reduced the rate of babies being hospitalised by more than 80 percent.. The results showed an 83 percent reduction in hospitalisations for infants with RSV-related illnesses who received a single dose of nirsevimab, compared to a control group who did not receive the treatment. 

Europe charges up car battery drive with new plants

Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France. . So the announcement by battery-maker Northvolt on Friday that it would go ahead with building a multi-billion-euro plant in northern Germany, after months of uncertainty, came as a major boost. 

Royal Mail CEO steps down after delivery failures

The boss of Royal Mail is to step down, its parent group confirmed Friday, after lawmakers criticised the former state-monopoly's performance, which has been hit by mass strikes.. Chief executive Simon Thompson "informed the board of his intention to step down" after concluding it was "the right time to move forward under new leadership", parent group International Distributions Services (IDS) said in a statement.

Bangladesh audiences see first Indian movie in 50 years

Thousands flocked to cinemas in Dhaka on Friday as Shah Rukh Khan's blockbuster "Pathaan" hit the big screens, the first Bollywood movie to get a full release in Bangladesh in more than half a century.. "I was waiting for many days to watch Shah Rukh Khan on a big screen."  mma-sa/slb/dva

Tea giants lose certification after Kenya sex abuse probe

An international body said it had suspended its certification for two major global tea companies after an investigation into a sexual abuse scandal in Kenya.. The alliance -- one of the major certification bodies for sustainable development products -- said it had launched an investigation after a BBC documentary in February highlighted claims of widespread sexual abuse on tea estates in Kenya, one of the world's biggest tea exporters.

'Wide open' for business: Russia makes play for Gulf money

Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine.. Despite major foreign firms suspending operations in Russia due to Western sanctions and the war in Ukraine, "Russia is wide open" for business, he said.