• Uber Halts Engineering Hires Due to Losing Billions

    The news comes after Uber reported record second-quarter operating losses of $5.4 billion. Uber is putting a stop to the hiring of software engineers across its U.S. and Canadian workforce, the company   revealed to  Bloomberg   on Friday. Uber's autonomous vehicle an......view more

  • Huawei launches HarmonyOS, ready to replace Google's Android at ‘any time’

    Chinese tech firm Huawei released its much-anticipated self-developed operating system (OS) HarmonyOS on Friday amid the company's US ban and an escalation of trade tensions. A Huawei executive said this groundbreaking move could be used at any time if the company is no longer able to access Google......view more

  • Yuan’s midpoint reference weaker than 7 for first time since 2008, may drop further: analysts

    China's central bank has set the official midpoint reference for the yuan weaker than 7 per US dollar for the first time since 2008. The central parity rate of the yuan weakened 43 basis points to 7.0039 against the US dollar on Thursday, lower for a sixth consecutive day. On Wednesday, t......view more

  • Police maintain pressure to combat online fraud

    Online fraud remains a severe problem, as perpetrators have developed more covert and diversified means, a report has found. Chinese police have solved 315,000 online fraud cases, busted 16,000 gangs for fraud and caught 146,000 people suspected of fraud-related offenses since June 2015, whe......view more

  • Smartphone shipments decline for seventh successive quarter

    Smartphone sales fell 3.6% to 331.2 million units in Q2, making it seven successive quarters of decline, says IHS Markit. The market has not increased on a year-over-year basis since the third quarter of 2017. The decline in shipments in the second quarter was widespread, wi......view more

  • 'Tryal' Is the Winner for Rizoma's New 'Future of Motorcycling' Design Challenge

    he Rizoma design challenge sets out to highlight the best ideas for the 'Future of Motorcycling.' The competition, organized by Italian motorcycle accessory design studio, Rimoza, recently announced the winner of its competition as the electric motorcycle concept called 'Tryal' desig......view more

  • Google's Plan To Build a Chinese Search Engine Is Finally Dead

    BUDRUL CHUKRUT/SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES GETTY IMAGES After facing internal complaints, it appears that Google has shuttered its long-running, on-again, off-again project for a censored search engine in China known as Dragonfly. Speaking before the S......view more

  • The 2020 Olympic Medals Will Be Made from Recycled Gadgets

    The world's best athletes will wear old cell phones around their necks next summer. The medals awarded during next summer's Olympic and Paralympic Games in Tokyo—set to kick off July 24, 2020—will be completely made from recycled m......view more