AFP
13875 articles published since 08 Mar 2022
13875 articles published since 08 Mar 2022
Flying chunks of concrete, twisted metal sheets, craters blasted deep into the ground: the thunderous power of SpaceX's first test flight of Starship -- the biggest and most powerful rocket ever built -- inflicted serious damage on its Texas launch site.
"The Super Mario Bros. Second place for the Friday-through-Sunday period went to Warner Bros.' blood-soaked horror movie "Evil Dead Rise," at $23.5 million -- "an excellent opening" for a movie made for just $17 million, said analyst David A. Gross.
Bed Bath & Beyond filed for bankruptcy Sunday, cementing a years-long decline that saw losses surpass a billion dollars annually as the US retailer struggled to adapt to an uncertain economy and the dominance of online shopping.
Twitter's blue ticks were reinstated on some media, celebrity, and other high profile accounts Saturday -- a move protested by many of the recipients. The accounts of some dead celebrities, such as US chef Anthony Bourdain, also received a blue tick.
Manufacturers are hoping for the artificial intelligence revolution to reach their factories, envisaging robots being used to repair complex machinery. In order to solve a technical problem, "factory workers no longer need to get a qualified expert on site: the artificial intelligence takes charge" of guiding the repairs, said Thomas Meier, a data analyst from HPE who was presenting the prototype.
Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term.
When Credit Suisse's unveils what are likely its final quarterly results Monday, investors will be seeking clues to the magnitude of the challenges awaiting UBS, after it was strongarmed into taking over its stricken rival. Monday's quarterly report will likely be Credit Suisse's last one, depending on how quickly the UBS deal closes, Vontobel analyst Andreas Venditti said in a research note.
This year's Shanghai Auto Show signalled the end of the petrol engine era in China, as domestic electric vehicle brands drive change across the sector and leave foreign companies in the dust, analysts and industry insiders said. "I think this show marks the end of the internal combustion engine and the beginning of the EV era," he added.
US rideshare service Lyft on Friday sent word to employees that it plans a major staffing reduction to cut costs. Lyft already had a round of major layoffs late last year. gc/dw
AFP
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