Technology
US orders FTX, Alameda to pay $12.7 bn to victims
Failed cryptocurrency platform FTX Trading and affiliate Alameda Research must pay $12.7 billion to compensate customers and fraud victims under a consent order, US regulators announced Thursday.
Ukraine to unleash robot dogs on its front lines
Ukraine could soon unleash robot dogs on its front lines, replacing soldiers for perilous missions like spying on Russian trenches or detecting mines. Stealthy and agile, they could soon become an invaluable ally on the front line for an Ukrainian army that is short on manpower to repel the Russian invasion, its makers said.
China's top chipmaker reports Q2 plunge in profits
Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.
Siemens profits soar on software demand, AI 'boom'
German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids. "We are benefiting from the boom in artificial intelligence, and the accelerated energy transition," he told journalists after the results were released.
Paris 'flying taxi' test flights scrapped during Olympics
Test flights of so-called flying taxis -- futuristic drones capable of transporting people -- have been scrapped in Paris during the Olympics as the certification for the engine has not come through, its promoters told AFP Thursday. However test flights without passengers will be held in the aerodrome of the suburban town of Saint Cyr l'Ecole, west of Paris, on Thursday and Sunday, they said.
Disney beats quarterly revenue estimates, turns streaming profit
Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, while its theme parks came under pressure. Looking ahead, Disney said it is still "on track for the profitability of our combined streaming businesses to improve" in the fourth quarter.
After AI, quantum computing eyes its 'Sputnik' moment
Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English high street, the race to unleash the latest tech revolution is gathering pace. It also paves the way for much more efficient batteries, another crucial weapon in the fight against climate change.
Maduro attacks social media, claims 'cyber-fascist' coup bid
"Say no to WhatsApp!" "WhatsApp is being used to threaten Venezuela and so I'm going to delete my WhatsApp from my phone forever."
Elon Musk's X sues advertisers over boycott
Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform.
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