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Google renews push into mixed reality headgear
Google renews push into mixed reality headgear
by  AFP

Google is ramping up its push into smart glasses and augmented reality headgear, taking on rivals Apple and Meta with help from its sophisticated Gemini artificial intelligence. The market has evolved since then, with Meta investing heavily in a Quest virtual reality headgear line priced for mainstream adoption and Apple hitting the market with pricey Vision Pro "spacial reality" gear.

Virgin Galactic eyes possible expansion into Italy
Virgin Galactic eyes possible expansion into Italy
by  AFP

US space tourism company Virgin Galactic announced Thursday it is exploring the possibility of opening a new base in Italy, potentially bringing crewed launches to Europe for the first time. The company competes in the suborbital space tourism market with Jeff Bezos's Blue Origin.

Swiss central bank announces big rate cut to boost economy
Swiss central bank announces big rate cut to boost economy
by  AFP

The Swiss central bank announced an unexpectedly large interest-rate cut on Thursday, citing rising "uncertainty" about the economic outlook due to the potential impact of Donald Trump's policies and political turmoil in Europe. In particular, the future course of economic policy in the US is still uncertain, and political uncertainty has also risen in Europe," it said.

Korean Air buys majority stake in rival Asiana Airlines
Korean Air buys majority stake in rival Asiana Airlines
by  AFP

South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. The European Commission, the bloc's powerful antitrust authority, last year expressed concerns the takeover could restrict competition on routes between Europe and South Korea.

Australia to force tech titans to pay for news
Australia to force tech titans to pay for news
by  AFP

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Australia wants big tech companies to compensate local publishers for sharing articles that drive traffic on their platforms.