Tech News

Tiffany to reopen NYC flagship under French management

The tarpaulins and scaffolding that obscured the facade of Tiffany and Co's flagship New York jewelry store for years have finally come down ahead of its re-opening this week.. - Beyonce and Nike - Tiffany was founded in New York in 1837, and has become best known for its diamonds, silver jewelry and engagement rings sold in the brand's iconic robin's egg blue boxes. 

Google earnings top expectations as AI battle heats up

Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing.. In its results, Google announced a $2 billion charge for expected costs for the sackings.

Republicans take aim at Biden with 'fact check' website

Just before Joe Biden announced his much-anticipated 2024 re-election bid Tuesday, his Republican opponents took aim at the US president in an unexpected way – they rolled out a website to "fact check" him.. During a presidential debate in 2016, in which Hillary Clinton was pitted against Trump, the Democrat's personal website ran a live "fact-check" of her opponent.

BAT to pay over $600 mn for violating NKorea sanctions

British American Tobacco has agreed to pay more than $600 million to settle charges it sold cigarette materials to North Korea for years in violation of US sanctions, the US Justice Department announced Tuesday.. "British American Tobacco and its subsidiary engaged in an elaborate scheme to circumvent US sanctions and sell tobacco products to North Korea through a corporate cutout in Singapore," said Assistant Attorney General Matthew Olsen.

Japan firm's pioneering Moon landing fails

A Japanese startup attempting the first private landing on the Moon said Wednesday it had lost communication with its spacecraft and assumed the lunar mission had failed.. India also attempted to land a spacecraft on the moon in 2016, but it crashed.

Ed Sheeran copyright trial over Marvin Gaye similarities underway

Ed Sheeran arrived at US federal court Tuesday for a trial over whether the British pop star plagiarized American music icon Marvin Gaye's "Let's Get It On" in his own 2014 hit "Thinking Out Loud.". The plaintiffs are the heirs of Ed Townsend, a musician and producer who co-wrote Gaye's 1973 soul classic, who were also in court Tuesday.

Homegrown fried chicken chain replaces KFC in Russia

The Russian incarnation of KFC opened its first restaurant in Moscow on Tuesday after the American fast food chain exited the country over the Kremlin's offensive in Ukraine. . With more than 1,000 restaurants, KFC was the largest fast food chain in Russia.

General Motors lifts 2023 forecast after strong Q1 results

General Motors raised key 2023 profit projections Tuesday, following a solid first quarter in which robust results in North America compensated for a tough period in China.. The first quarter saw a $1.3 billion boost from North American pricings.

Bitter battle: S.Africa slams 'unfair' EU citrus trade rule

President Cyril Ramaphosa condemned the EU Tuesday for restrictions on citrus exports from South Africa to prevent the importation of non-indigenous moths which stranded tonnes of fruit at sea when introduced last year.. "We are now the world's second largest exporter of citrus and believe recent decisions by the EU are unfair," Ramaphosa said while co-hosting a business roundtable with visiting President of Finland Sauli Niinisto in Pretoria.

US new home sales rise more than expected in March

New home sales in the United States grew more than anticipated in March, the Commerce Department said Tuesday, as a lack of existing homes continued bolstering demand in the market for new properties.. New home sales in March remain 3.4 percent below than the same period a year ago, the Commerce Department said.