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Slow down to save the planet, says Japan's rock star philosopher Saito
Slow down to save the planet, says Japan's rock star philosopher Saito
Business and Economy
by  AFP

As Tokyo's millions put in another day's work on the coalface of capitalism, celebrity Marxist philosopher Kohei Saito and his friends are clearing rocks from a muddy mountain stream. The associate professor at the University of Tokyo has sold half a million copies of his latest book and last month spoke at music festival Fuji Rock, headlined by The Killers.

Snapchat gains users but continues to lose money
Snapchat gains users but continues to lose money
Technology
by  AFP

Snap shares plunged more than 16 percent on Thursday when a disappointing financial outlook eclipsed a rise in users of the image-centric social network Snapchat. Snap shares were down more than 16 percent to $10.73 in after-market trades.

Intel says it will slash workforce to cut costs
Intel says it will slash workforce to cut costs
Technology
by  AFP

US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations. In June, Intel announced it was halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant.

Amazon quarterly profit doubles as cloud business grows
Amazon quarterly profit doubles as cloud business grows
Technology
by  AFP

Amazon reported Thursday its profit in the recently ended quarter doubled to $13.5 billion with the help of renewed momentum of its AWS cloud computing business. AWS had 31 percent of the cloud computing market at the end of 2023, according to Stocklytics.