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Markets in retreat on growing fears of Middle East war
Markets in retreat on growing fears of Middle East war
Economy
by  AFP

Asian markets tumbled Thursday on fears the Israel-Hamas crisis would spill over into a wider conflict in the Middle East, with some warning that a full-blown war was increasingly likely. "The window for a diplomatic off-ramp to avert a wider war in the Middle East appears to be closing," said RBC Capital Markets' Helima Croft.

Tech breathes new life into endangered Native American languages
Tech breathes new life into endangered Native American languages
Technology
by  AFP

Linguistics experts are turning to cutting-edge technologies to revitalize threatened Native American languages -- and rejuvenate generations of Indigenous tradition -- through new approaches such as children's books and smartphone apps. TLC, which has a $3 million budget, regularly teams up linguists with Native American language teachers to work on these dictionaries.

Tesla disappoints in quarterly results as discounts bite
Tesla disappoints in quarterly results as discounts bite
Economy
by  AFP

Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts. Musk has undertaken multiple price cuts throughout 2023 on vehicles, telling investors in April that the company has taken the view that pushing for higher sales is the right choice versus taking a bigger margin.

Netflix gains subscribers with ads and password crackdown
Netflix gains subscribers with ads and password crackdown
Economy
by  AFP

Netflix on Wednesday said subscriber numbers grew more than 10 percent to 247 million in the recently ended third quarter as it cracked down on passwords and refined an ad-supported tier. The streaming service said in an earnings report that its nascent ad-supported offering was gaining traction, with the number of members increasing nearly 70 percent in the quarter.