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Video game giant Electronic Arts announces job cuts
Electronic Arts on Wednesday said it is cutting about 5 percent of its workforce, as belt tightening continues in the video game and tech industries. The announcement came a day after Sony said it was cutting 8 percent of its global workforce, as video game makers find they're not immune to the wave of layoffs seen recently in the tech industry.
After uproar, Wendy's says it won't raise burger prices at peak times
Restaurant chain Wendy's said Wednesday it will not raise prices for hamburgers and other items at peak times, clarifying recent comments that sparked criticism of the fast-food company. "This was misconstrued in some media reports as an intent to raise prices when demand is highest at our restaurants," Wendy's said.
India, US at loggerheads over WTO reform at Abu Dhabi talks
A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions at a WTO meeting Wednesday, with India accusing Washington of bringing the trade body to a "standstill". - 'Sense of urgency' - Washington's push for reform has angered India, which accused the United States on Wednesday of bringing the WTO to a "standstill".
Cuba's 500% fuel price rise to take effect Friday: government
A 500 percent fuel price hike will take effect in Cuba this week, a month later than initially planned, the government of the cash-strapped island nation said Wednesday. But it delayed the hike after a "cybersecurity incident" last month.
Saudi investment fund PIF buys into men's tennis in 'strategic' deal with ATP
Saudi Arabia's Public Investment Fund (PIF) on Wednesday announced a "multi-year strategic partnership" with the ATP, the governing body of men's tennis, extending the kingdom's influence on international sport. "Our strategic partnership with PIF marks a major moment for tennis," said ATP chief executive Massimo Calvelli in the joint statement.
US to limit sale of personal data to foreign adversaries
US President Joe Biden is set to issue an executive order Wednesday aimed at limiting the flow of sensitive US personal data abroad -- amid concerns they could be misused by countries including China. In August last year, Biden issued an executive order aimed at restricting certain US investments in sensitive high-tech areas in China such as quantum computing.
Lagos gets Sci-Fi treatment in new Disney+ series
A new animated Disney series set in a futuristic Lagos has won over its first viewers with a Sci-Fi play on life in the Nigerian megacity. Head set designer Ibrahim said the series had left viewers "mind-blown."
Bitcoin tops $60,000, approaches all-time high
Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency.
Airlines had their safest year on record in 2023: IATA
Last year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said Wednesday. "On average a person would have to travel by air every day for 103,239 years to experience a fatal accident."
AFP
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