Chinese city and provincial governments are struggling with a financial crisis caused by a mountain of debt, leading to desperate measures such as fining restaurants and truck drivers, as they grapple with the economic impact of the COVID-19 pandemic and real estate slump.
Glen Schofield, founder and CEO of Striking Distance Studios, is leaving the studio to pursue new opportunities, along with the departures of the chief operating officer and chief financial officer, after The Callisto Protocol failed to meet sales expectations; Steve Papoutsis will take over as CEO.
IMX, the native token of non-fungible tokens platform ImmutableX, surged led by South Korean traders, rising 35% to 74 cents during Asian trading hours and accompanied by a 22% increase in global trading volume.
Researchers are discussing the feasibility and ethics of creating an artificial womb to improve the survival rates and long-term health outcomes of extremely premature babies.
Google is testing the first mid-cycle update for Android 14 through a new beta program, and several Pixel devices will be eligible for the Android 14 Beta program.
Nvidia CEO Jensen Huang visited India to explore the country's potential as a source of AI talent, a site for chip production, and a market for Nvidia's products, as the US restricts exports of high-end chips to China. India's ambitions to boost electronics manufacturing and develop AI capabilities align with Nvidia's interests, making it a strategic market for the company. However, India still faces challenges in becoming an AI hub, such as the lack of exascale compute capacity and sufficient AI talent.
Bit Trade, the provider of Kraken crypto exchange in Australia, is facing civil proceedings from the Australian Securities and Investments Commission (ASIC) for allegedly failing to comply with design and distribution obligations for its margin trading product, resulting in losses of approximately $8.35 million for Australian customers since October 2021.
The White House retweeted Rep. Matt Gaetz's statement blaming Speaker McCarthy for the impending government shutdown, along with a humorous photo highlighting Gaetz's controversial behavior during a House Judiciary Committee hearing.
Poland has announced that it will stop providing weapons to Ukraine due to a growing dispute over a temporary ban on Ukrainian grain imports imposed by several European Union nations, causing tensions between the two countries.
China maintains benchmark lending rates unchanged as signs of economic stabilization and a weakening yuan lessen the need for immediate monetary easing.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LLGDOKLP2NJIRIKGBE2PBNNWXU.jpg)
Asian currencies showed mixed performance against the U.S. dollar, with the yen and yuan experiencing slight declines while the rupee remained stable.
Former White House aide Cassidy Hutchinson alleges in her upcoming memoir that Rudy Giuliani groped her backstage during the Jan. 6 rally, which has been vehemently denied by a spokesperson for Giuliani.
General Motors has idled its Fairfax assembly plant in Kansas amid the widening impact of the United Auto Workers strike.
Rudy Giuliani is facing a lawsuit after paying only a fraction of his legal debt, raising questions about his mental state amidst mounting legal challenges.
Bethesda's Starfield has become the developer's biggest game ever, with 10 million players since its launch in September, surpassing the popularity of previous titles like Fallout and The Elder Scrolls.
The Anker 737 power bank, with a 24,000mAh capacity and fast charging capabilities, is currently on sale for $100 on Amazon, allowing you to charge multiple devices on the go.
Sega and Ryu Ga Gotoku have announced that Like a Dragon: Infinite Wealth, featuring protagonists Ichiban Kasuga and Kazuma Kiryu, will be released on January 26, 2024, and follows their journey to Hawaii to find Ichiban's mother and Kiryu's battle with cancer, culminating in epic encounters with a giant shark and squid.
Chinese electric vehicle maker Nio Inc has raised $1 billion through convertible bonds to pay down debt and strengthen its balance sheet, prompting a 12% drop in its Hong Kong shares.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/A7MAFBS62FOIBG7J6YL7Q6LDPM.jpg)
Millions of American homeowners are facing increasing insurance costs and reduced coverage due to climate change-related risks, with properties in high-risk areas potentially becoming overvalued as insurance underprices the risk, according to a new analysis from the First Street Foundation.
TDP general secretary Nara Lokesh remains in Delhi due to fears of arrest in connection with various scams, influenced by YSRCP MP Raghurama Krishnam Raju's own avoidance of Andhra Pradesh to avoid arrest.
US housing starts fell to their lowest level in three years, indicating a slowdown in homebuilding activity due to mortgage rates lingering above 7%.
The Asian Development Bank (ADB) has lowered its growth forecast for developing Asia due to weakness in China's property sector and risks associated with El Niño, but still expects resilient growth driven by domestic consumption and investment.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/EFEMJMIZJVOBBHO5WSBD246S74.jpg)
The Powerball jackpot has reached an estimated $835 million after 29 consecutive drawings without a winner, with the odds of winning being 1 in 292.2 million.
Amazon has announced a $4 billion investment in AI company Anthropic, aiming to compete against rivals Microsoft and Alphabet in the cloud industry and bring generative AI to its Amazon.com storefront.
Reports of the iPhone 15 Pro overheating may be due to design compromises made to achieve a lighter weight, according to a top Apple supply chain analyst.
The Federal Trade Commission, with support from state attorneys general, has filed an antitrust lawsuit against Amazon, adding to a series of legal complaints filed under the Biden administration, alleging monopolistic practices and price manipulation.
Apple's shift to USB-C for the iPhone 15 allows for compatibility with a wider range of tech accessories, but caution should be exercised when purchasing cheap chargers and cords that may cause overheating or other issues.
Target is closing nine stores in major cities across four states due to theft and organized retail crime, which the retailer claims have made the environment unsafe for staff and customers and unsustainable for business.
House Speaker Kevin McCarthy is facing opposition from hard-right Republicans who want to cut spending, potentially leading to a government shutdown, as tensions rise and options become limited, with President Joe Biden urging Republicans to fulfill their basic responsibility of funding the federal government.
The US economy added a larger-than-expected 336,000 jobs in September, marking the largest monthly employment increase since January and surprising economists who had forecasted 170,000 net jobs added; job growth occurred across all major sectors, with leisure and hospitality, government, and healthcare driving the gains, while the unemployment rate held steady at 3.8%.
Hyundai and Kia are recalling 3.3 million vehicles due to a risk of fire caused by issues with the antilock brake system, with models from 2010 to 2019 affected, and the automakers are facing criticism for not addressing the underlying design issue.
Spotify plans to use AI voice generation technology to translate podcasts in multiple languages, starting with Spanish, in an effort to make the translations feel more personal and natural for listeners, and this initiative might be part of Spotify's larger AI strategy, which could include a new subscription tier with AI-powered features like playlist creation.
The United Auto Workers union will expand strikes at General Motors, Ford Motor, and Stellantis plants if significant progress is not made in negotiations by Friday, potentially affecting thousands of workers.
Apple designer Jony Ive and OpenAI CEO Sam Altman are reportedly in talks to collaborate on building a new AI hardware product, backed by OpenAI's ChatGPT, with the involvement of SoftBank CEO Masayoshi Son.
Director Gareth Edwards breaks down the inspirations and relevance behind his new sci-fi film "The Creator," which explores the concept of artificial intelligence and the relationship between a warrior and a robot child.
Canada House Speaker Resigns After Inviting Former Nazi Soldier to Parliament During Zelenskyy Visit
Canada's House of Commons Speaker, Anthony Rota, has resigned after inviting a 98-year-old man who fought for a Nazi military unit to attend a speech by the Ukrainian president, causing backlash and embarrassment to the government.
Canadian Prime Minister Justin Trudeau has called on India to cooperate with an investigation into the murder of a Sikh separatist leader in British Columbia, stating that Canada has credible evidence linking Indian government agents to the crime, while traditional Canadian allies have taken a cautious approach due to India's significance in countering China's influence.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LUDRJEOCYFPDHHWKLNSDRHWWZY.jpg)
The iPhone 15 Pro offers advanced technology and features not available on the older iPhone 12 Pro, making it worth considering for an upgrade.
Gold and silver prices are significantly lower due to a strong U.S. dollar index and a high U.S. Treasury note yield, with the metals market remaining bearish amid concerns of potential stagflation and higher interest rates.
Senator Bob Menendez is set to appear in federal court on charges of bribery conspiracy, including accepting payments in gold bars, cash, and a luxury car, as well as passing sensitive information to the Egyptian government.
Ford Motor Co. has paused construction on its $3.5 billion electric vehicle battery plant in Michigan due to concerns over competitiveness and local opposition, while facing ongoing contract negotiations with the United Auto Workers union.
The first developer beta of iOS 17.1 is now available and includes features such as a favoriting system in Apple Music, smarter playlists, AirDrop using the internet, and the ability to view bank account details in Wallet.
