Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood’s most famous studios, having produced classic films such as Some Like It Hot and Singin’ In The Rain. The sale will give the tech giant’s Prime streaming service access to a huge back […]
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SHANGHAI: Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday […]
CAIRO: The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel’s detention and a compensation claim, a lawyer representing the owner said on Saturday (May 22). The Ever Given, one of the […]
MUMBAI: Hackers have stolen data on about 4.5 million Air India passengers around the world in the latest breach reported by a major airline. Names, credit card numbers and passport information were among the data stolen, Air India said in a statement released late Friday (May 21). The state-owned giant […]
HONG KONG: China’s Internet watchdog said on Friday (May 21) it had found Bytedance’s Douyin, Microsoft Bing, LinkedIn and 102 other apps were engaged in improper collection and use of data and ordered them to fix the problem. The Cyberspace Administration of China (CAC) said that the 105 apps violated […]
BEIJING: Bitcoin plunged below US$40,000 for the first time in more than three months on Wednesday (May 19) after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments sent the unit diving more than 10 per cent and dealt it […]
HANOI: Vietnam’s northern province of Bac Giang ordered on Tuesday (May 18) four industrial parks, including three that house production facilities of Taiwan’s Foxconn, to temporarily shut down due to an outbreak of COVID-19. The industrial parks will be closed until further notice, the province’s People’s Committee said in a […]
Despite restrictions from the US government, Huawei is still continutes to introduce new models for its flagship P-series. After several months of speculation, we have what appears to be the clearest look yet at the upcoming Huawei P50 series. These high-resolution renders were shared by @RODENT950 on Twitter and it […]
TAIPEI: Taiwan’s economic prospects are bright and growth this year will come in as expected as long as the COVID-19 situation can be brought under control quickly, the government said on Sunday (May 16), adding that the impact of a recent spike in cases was limited. Export-dependent Taiwan raised its […]
SINGAPORE: Singapore is stepping up enforcement of COVID-19 safe management measures to ensure compliance by nightlife operators who have pivoted to the food and beverage industry. This is because breaches by such establishments are “flagrant” and carry much higher public health risks, said the Ministry of Sustainability and the Environment […]