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AI takes centre stage as Mobile World Congress Shanghai kicks off
From phones that can detect deepfake scams to autonomous intelligent vehicles, the disruptive potential of artificial intelligence took centre stage as Mobile World Congress Shanghai kicked off Wednesday. Smart device brand Honor on Wednesday unveiled technology it said could detect deepfake scam calls and warn the phone's owner in real-time.
Sri Lanka seals partial debt deal after financial crash
Cash-strapped Sri Lanka said Wednesday it had clinched a restructuring deal with a majority of bilateral lenders covering up to $5.8 billion in debt, a key step towards recovery after a 2022 financial crash.
Two employees leave Adidas amid China graft probe
Adidas said Wednesday two employees had left the company as the German sportswear giant investigates bribery allegations in China. As a result, both employees have left the company."
French tech giant Atos's top shareholder drops rescue offer
A consortium led by the top shareholder of troubled French tech giant Atos, an IT partner for the Paris Olympics and French military, has withdrawn a rescue offer for the group, the companies said on Wednesday.
S. Korea administrative robot defunct after apparent suicide
A city council in South Korea said Wednesday their first administrative officer robot was defunct after throwing itself down some stairs, with local media mourning the country's first robot suicide. Headlines in local media questioned the apparent robot suicide, saying: "Why did the diligent civil officer do it?"
UK faces strained finances after election
Britain will see little difference on public spending whichever of the country's main parties wins next month's general election, with state coffers strained largely by huge Covid expenditure. According to Sopher, whichever party wins power, "tax is going to go up" to fund public services.
UK Conservatives' 14 years of economic unrest
Britain's Conservatives are expected to lose the July 4 general election in large part because of economic turmoil from Brexit, high taxation and a budget that exacerbated a cost-of-living crisis. It also sent interest rates soaring, ramping up costs for homeowners seeking to refinance -- and exacerbating the cost-of-living crunch.
Asian markets fluctuate after Wall St rebound, inflation in view
Asian markets swung Wednesday following a tech-led bounce on Wall Street as investors prepare for the release of crucial US inflation data, while the yen fell back towards levels that have stirred intervention warnings from Japanese officials.
VW to invest $5 bn in EV maker Rivian, establishing joint venture
German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used by both automakers, the companies announced Tuesday.
AFP
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