Technology

Spotify Technology said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. The move affects about 2% of the music-streaming giant’s workforce and aligns Spotify with the likes of Meta Platforms and Roku, which have also cut jobs for the second time …

Apple is widely expected to announce a new headset that will blend video of the outside world with the virtual one at its annual software developer conference next week. Apple CEO Tim Cook and Meta CEO, Mark Zuckerberg, are jockeying to define how consumers will put to use a new generation of technology where real and digital worlds converge. Zuckerberg …

Major US wireless carriers said they are not in talks with Amazon.com Inc (AMZN.O) to offer low-cost wireless services to its Prime members. Wireless shares fell Friday after Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through the partnerships, including a possible …

Three Chinese astronauts working at the country’s space station have returned safely to Earth, state media reported Sunday, hailing the mission as a “complete success”. The return capsule of the Shenzhou-15 spaceship touched down at a landing site in northern China’s Inner Mongolia region, according to state news agency Xinhua. Astronauts Fei Junlong, Deng Qingming and Zhang Lu emerged from …

YouTube said on Friday that the platform would stop removing content that might have spread false claims related to U.S. presidential elections in 2020 and before. The new set of updates is part of YouTube’s elections misinformation policy that will go into effect immediately. “In the current environment, we find that while removing this content does curb some misinformation, it …

NVIDIA’s rapid and muscular growth-chart shows the chip making giant growth as promising as ever thanks to the AI bandwagon. The company has reached $1 trillion valuation. The first of its kind to reach such a historic milestone and is making the news. The CEO and the co-founder of the company, a Taiwanese American entrepreneur Jensen Huang proclaimed it as …

OkayKer, a startup with an end-to-end platform connecting car owners and maintenance workshops, has raised $700,000 in seed funding, the company said in a statement. With this funding, the company said it plans to expand its operations in Pakistan as it looks to create the first automotive emergency service in the country. Founded by Nashit Iqbal, Hasnain Akber, Asjad Amin …

PARIS: Global leaders should be working to red­u­­ce “the risk of extinction” from artificial intelligen­ce technology, a group of ind­ustry chiefs and experts warned on Tuesday, urging policymakers to equate its threat on a par with risks posed by pandemics and nuclear war. “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such …

HONG KONG: Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because “virtual assets are going to stay”, the city’s minister overseeing financial services said on Tuesday. Cryptocurrencies have been banned in mainland China since 2021, but the former British colony, which has a separate financial system and regulators, has announced plans to become …

JIUQUAN: China will send its first civilian astronaut into space as part of a crewed mission to the Tiangong space station on Tuesday as it pursues its ambitious plans for a manned lunar landing by 2030. The world’s second-largest economy has invested billions of dollars in its military-run space programme, trying to catch up with the United States and Russia …