Friday, April 16, 2021
BEFORE HU JINZHOU began his climb into the foothills of fame, as a professional player of computer games in China’s multi-billion-dollar livestream industry, he was a schoolboy tearaway. He got into playground fights, tried to sell his textbooks to classmates and sneaked out after dark for some online gaming. Back then, Mr Hu’s reluctance to…
Apple continued its slide on worries about softening demand. The tech giant tumbled 4.8 percent after Goldman Sachs equity analysts cut their price target, citing deteriorating demand, especially in China. China, the world’s largest consumer of oil, has also been weighing on commodities. The price of crude, now just above $53 a barrel, has fallen…
Payment card skimming that steals consumers’ personal information from e-commerce sites has become a booming industry over the past six months, with high-profile attacks against Ticketmaster, British Airways, Newegg, and Alex Jones’ InfoWars, to name just a few. In a sign of the times, security researcher Jérôme Segura found two competing groups going head to head…
(Reuters) - Heavy rains were due to create new problems for residents of Northern California late on Tuesday, raising the risk of mudslides in an area where people left homeless by the state’s deadliest wildfire remain huddled in parking lot encampments. State and federal officials warned people to be alert to the risk of sudden…
Facebook's advertising platform is suffering from a major outage. The company's Ads Manager, its tool that lets users create advertisements on its social network, has crashed, leaving would-be advertisers unable to create new ad campaigns just days before Thanksgiving and crucial Black Friday sales. The outage is unusual in its duration; as of this writing,…
“THE DECLINE of the birth rate and the ageing of Japanese society is accelerating at unprecedented speed,” warns Shinzo Abe, Japan’s prime minister. Given the scale of the problem, he told The Economist this week, the government must push for “impactful policies” to tackle it right away. He mentions a series of reforms, intended to…
Apple was worth more than $1 trillion at the start of November. Now, it’s valued at $880 billion. The mighty tech titans and their seemingly endless pipeline of profits, which powered one of the longest bull markets in stocks, are looking a little less invincible. Shares of Apple and Google’s parent company, Alphabet, are down…
WASHINGTON — As evidence piles up pointing to the Saudi crown prince’s responsibility in the brutal killing of the dissident journalist Jamal Khashoggi, President Trump has only hardened his refusal to concede any possibility that the prince had a hand in the crime. Mr. Trump, who had once condemned the Saudi leaders for perpetrating “the…
IN THE END, Amazon disappointed everyone. A year ago the e-commerce giant said it would open a second headquarters, and solicited bids from cities keen on the 50,000 new jobs and $5bn in investment it would bring. The gambit might have produced a fascinating experiment in urban development, and a departure from the concentration of…
SINGAPORE (Reuters) - U.S. President Donald Trump didn’t make it to this week’s summit of Asian nations in Singapore, but his influence was still keenly felt among the leaders who gathered in the city. U.S. President Donald Trump points to the crowd after delivering remarks at an event for "supporting veterans and military families" at…