News
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Google shutting down cloud gaming service Stadia
Google on Thursday said it is shutting down Stadia, the cloud video game service because it hasn't gained the traction with users that the tech giant expected
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Hurricane Ian's toll is severe. Lack of insurance will make it worse
Most of the Florida homes in the path of Hurricane Ian lack flood insurance, posing a major challenge to rebuilding efforts, new data show
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Meta will freeze most hiring, Zuckerberg tells employees
This week, Mark Zuckeberg told his employees that the company would freeze hiring and reduce budgets across most teams at Meta, leading to layoffs in parts of the company that have previously seen unchecked growth
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Nobel 2022 prize season under shadow of war in Ukraine
The highlight of the week's announcements, the Nobel Peace Prize laureate, will be revealed on October 7 in Oslo and will hold special significance this year, experts say
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China dips into pork reserves as rising prices fan inflation fear
Beijing's top economic planner has already dipped into the state reserves three times this month and has ordered suppliers to slaughter more pigs in a bid to rein in costs
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Gamers to bid farewell to FIFA franchise after 30 years
US game maker Electronic Arts (EA) and global football body FIFA have ended the licensing agreement that has underpinned the game since its first edition in 1993. With the release of FIFA 23 the partnership will bow out on a high
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Porsche ignites blockbuster IPO, defying market turmoil
Even as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with the bold flotation that gives Porsche a valuation of more than 76 billion euros
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UK PM Liz Truss bats for 'difficult' tax cuts despite market turmoil
In power for less than a month, Truss is already under severe pressure after the markets reacted to her government's tax cuts by sending the pound to an all-time low against the dollar
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Can Hong Kong recover as a global metropolis post pandemic?
Luxury storefronts have been replaced by pop-up shops selling masks. Whole floors of skyscrapers are deserted. Streets once crammed with locals and visitors jostling for space are quiet
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Dating apps thrive in China, not just for romance
These apps are flourishing — and Beijing appears to be leaving them alone — for more than just romantic reasons. They promise to nudge people toward marriage at a time when China's marriage and fertility rates are at record lows, but the apps also are helping users combat loneliness as Covid lockdowns have wreaked havoc on social connections
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From Barclays to Goldman Sachs: Texting on private apps costs Wall Street firms $1.8 billion in fines
A SEC investigation revealed that Wall Street firms did not monitor how employees were communicating on work-related matters or keep records of those messages, as federal law requires