Tech News

Canadians flock to food banks as grocery prices soar

Hundreds of thousands of people stream in each month to the Daily Bread Food Bank in Toronto, its chief executive says, as galloping inflation continues to squeeze Canadians' grocery budgets.. Of the newcomers to the 128 food banks across the Toronto area affiliated with Daily Bread, many have full-time jobs but still can't seem to make ends meet, Hetherington said as volunteers sorted through donations at its depot in a suburb of Toronto.

Fox News host Tucker Carlson exits in shock move

Fox News star host Tucker Carlson is leaving the influential conservative TV network, it was announced Monday, in a surprise move days after the outlet was forced to pay a huge financial settlement to end a defamation case.. - Fox's fallen favorite - The $787.5-million defamation settlement last week meant that neither Fox Corporation chairman Rupert Murdoch nor hosts such as Carlson would have to testify in what was expected to be an explosive trial.

Scientists develop mobile printer for mRNA vaccine patches

Scientists said Monday they have developed the first mobile printer that can produce thumbnail-sized patches able to deliver mRNA Covid vaccines, hoping the tabletop device will help immunise people in remote regions.. The popular mRNA Covid-19 vaccines from Pfizer and Moderna need to be refrigerated, which has caused distribution complications -- particularly in developing countries that have condemned the unequal distribution of doses during the pandemic.

Sunak seeks to boost UK business links amid crisis

British Prime Minister Rishi Sunak sought to repair the government's tarnished economic record Monday, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry. . The news comes as a small number of high-profile firms withdrew from the Confederation of British Industry (CBI) on Friday after the nation's business lobby was shaken by fresh rape allegations.

Writer, adviser, poet, bot: How ChatGPT could transform politics

The AI bot ChatGPT has passed exams, written poetry, and deployed in newsrooms, and now politicians are seeking it out -- but experts are warning against rapid uptake of a tool also famous for fabricating "facts".. Despite warning that AI systems could destroy civilization, he recently promised to develop TruthGPT, an AI text tool stripped of the perceived liberal bias.

CEO of Germany's Thyssenkrupp to step down, shares hit

Thyssenkrupp's chief executive Martina Merz is stepping aside early, the German industrial giant said Monday, in a surprise announcement that sent the company's shares into a nosedive.. Thyssenkrupp's shares dropped 12 percent on the Frankfurt Stock Exchange following the news.

Sunak seeks to boost business links amid crisis

British Prime Minister Rishi Sunak sought to repair the government's tarnished economic record Monday, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry.. Business Connect will look to boost economic growth, Sunak insisted Monday before an audience of more than 200 high-profile chief executives and business figures.

Staying zen with 'slow design' at Milan Furniture Fair

"Slow design" was all the rage at this year's Milan Furniture Fair, featuring sustainable creations made with carefully selected and hand-crafted natural materials in sharp contrast to industrial manufacturing.. "Everything is made by hand.

Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover

Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, but its profit swelled as the bank's high-risk debts were wiped out in an emergency takeover by UBS. Switzerland's long-time second largest bank saw 61.2 billion Swiss francs ($68.6 billion) withdrawn in the first quarter alone, it said Monday in what is likely its final quarterly report before it is swallowed by its larger domestic rival, UBS. Investors had been eagerly awaiting the results as they seek clues to the magnitude of the challenges facing UBS, which was strongarmed last month by Swiss authorities into the mega-merger.. Over the course of a nerve-wracking weekend, Swiss authorities organised an emergency rescue, pressuring UBS to agree to a $3.25-billion mega merger on the evening of March 19. 

China approves coal power surge despite emissions pledge: Greenpeace

China has approved a major surge in coal power so far this year, prioritising energy supply over its pledge to reduce emissions from fossil fuels, Greenpeace said Monday.. But Greenpeace said the rise in approvals for coal power projects shows how the need for short-term economic growth is diverting investment away from renewable energy projects such as grid upgrades that can supply surplus wind and solar power to regions that need it.