Technology

Music streaming giant Spotify said on Monday it would reduce the number of its employees by around 17 per cent in a bid to cut costs amid “dramatically” slower economic growth. The announcement comes on the heels of a rare quarterly net profit of 65 million euros in October, compared to a loss of 166m for the same period a …

MOUNTAIN VIEW: The defence chiefs of the United States, Australia and Britain met in California on Friday, touting high-tech cooperation on deep space radar, AI and quantum computing systems aimed at bolstering their armed forces in the face of growing global threats, including from China. The three men huddled in Silicon Valley — the heart of the US tech sector …

Time flows in a continuous stream — yet our memories are divided into separate episodes, all of which become part of our personal narrative. How emotions shape this memory formation process is a mystery that science has only recently begun to unravel. The latest clue comes from University of California Los Angeles psychologists, who have discovered that fluctuating emotions elicited …

Shares of crypto miners and bitcoin-tracking companies rose on Friday as the world’s largest cryptocurrency extended a recent rally to touch a near 19-month high on improving risk appetite. Bitcoin , up 1.6% at $38,337, has been gaining since October on optimism that a potential approval of a spot exchange-traded fund is likely to unleash more capital investments in the …

WASHINGTON: More than 50 years after the last Apollo mission, the United States will try once again to land a craft on the Moon on January 25, said the head of what could be the first private company to successfully touch down on the lunar surface. The lander, named Peregrine, will have no one on board. It was developed by …

BENGALURU: Nasa will train an Indian astronaut for a voyage to the International Space Station as early as next year, Nasa Administrator Bill Nelson said on Wednesday, amid deepening space ties between India and the United States. “There is an opportunity to share science,” Nelson said, speaking at an event in Bengaluru, where he is due to inspect the NISAR …

Amazon on Tuesday released its own AI chatbot intended for businesses, about one year after ChatGPT took the world by storm. “Q” will be available only to Amazon’s AWS cloud computing customers and will be in direct competition with OpenAI’s ChatGPT as well as Google’s Bard and Microsoft’s copilots that also run on OpenAI’s technology. Chatbots targeted at businesses have …

Huawei’s new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion) after it sells stakes to investors including Changan Auto, three people with knowledge of the matter said. The Chinese company said on Sunday it will spin off its four-year-old Intelligent Automotive Solution (IAS) business unit – which aimed to …

The third edition of the Digital Pakistan Cybersecurity Hackathon 2023 organised by the state-owned non-profit company Ignite has been launched in Karachi. The inaugural event in Karachi will be followed by regional rounds in Lahore, Multan, Peshawar, Quetta, and Islamabad, culminating in a final competition to be held in Islamabad by the end of December. Cash awards of Rs3 million …

Paris Mayor Anne Hidalgo on Monday announced she was quitting the X platform formerly known as Twitter, calling it a “gigantic global sewer” that was “destroying our democracies” by spreading abuse and misinformation. After buying Twitter in 2022, Elon Musk laid off thousands of employees, including many who moderated content on the platform. Rebranded as X, it has lost several …