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Asian markets bounce from selloff as US jobs beat forecasts
Asian markets bounce from selloff as US jobs beat forecasts
by  AFP

Asian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy. The rush for cover -- which tracked big losses on Wall Street -- hammered some regional giants including Japanese tech investor SoftBank and South Korean chipmakers Samsung and SK hynix.

Boeing settles with one plaintiff in 737 MAX crash trial
Boeing settles with one plaintiff in 737 MAX crash trial
by  AFP

Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash that killed 157 people, attorneys announced Wednesday. The lawsuits stem from the March 10, 2019, flight that crashed six minutes after departing Addis Ababa for Nairobi, killing all 157 people on board.

Eyes turn to space to feed power-hungry data centers
Eyes turn to space to feed power-hungry data centers
by  AFP

Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet out-of-this-world power demands in a fierce artificial intelligence race. "The idea is that it will soon make much more sense to build data centers in space than it does to build them on Earth," Starcloud chief executive Philip Johnston said at a recent tech conference in Riyadh.

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