Domantas Sabonis (Indiana Pacers) with a deep 3 vs the Toronto Raptors, 11/26/2021
Based on its recent analysis of the Indian automotive cybersecurity solutions market, Frost & Sullivan recognizes SecureThings.ai with the 2020 Technology Innovation Leadership Award. The company employs a holistic approach to addressing issues in connected vehicle cybersecurity by offering continuous vehicle monitoring to detect unknown behaviors and threats. SecureThings differentiates itself through its comprehensive, multi-layer, and in-depth defense cybersecurity solutions for electric vehi
China must prevent and defuse the risk of external shocks this year while strengthening macro-prudential management and guiding market expectations, the country's foreign exchange regulator said on Friday. The comments come as the U.S. Federal Reserve is widely expected to start hiking interest rates as early as March, while its Chinese counterpart has stepped up monetary easing to prop up a slowing economy, raising concerns about possible capital outflows due to the policy divergence. During the previous round of Fed tightening in 2018, China's currency depreciated sharply.
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&P 500 and Nasdaq log their biggest weekly percentage drops since the onset of the pandemic in March 2020. The benchmark S&P 500 posted its third straight week of declines, ending 8.3% down from its early January record high. Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak.
TOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new entrants into vehicle manufacturing. At the same time, autonomous driving and 5G connectivity is expected remold the auto industry by turning cars into mobile platforms for information and entertainment services.
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JAKARTA, Indonesia (AP) — Indonesia’s leader said Thursday that his country, which holds the presidency of the Group of 20 biggest economies this year, wants to strengthen global partnership and inclusiveness to aid the economic recovery amid a resurging COVID-19 pandemic. In an online address to the World Economic Forum, Indonesian President Joko Widodo committed to making the G-20 presidency an important part of the response, with a focus on inclusive health care, the digital transformation an
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NEW YORK (AP) — New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been hyping as a potential economic engine for the city. The Democrat's office announced Thursday that Adams' first salary payment will be deposited with Coinbase, an online platform used for buying cryptocurrency, and then converted into Ethereum and Bitcoin. “New York is the center of the world, and we want it to be the center of cryptocurrency and other
SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution's right to keep and bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic, a federal appeals court ruled Thursday. Officials in Los Angeles and Ventura counties had separately won lower court decisions saying gun stores were not exempt from broader shutdown orders aimed at limiting the spread of the coronavirus early in the pandemic. A three-judge panel
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U.S. carriers American Airlines and United Airlines on Thursday said a recovery in passenger traffic was likely to resume in March after a blip caused by the Omicron coronavirus variant, but warned that the latest wave of the health crisis would keep their costs elevated this year. Texas-based American said while ticket sales are still not back to pre-Omicron levels, they are recovering "quickly" after dropping off "considerably" in early December. Similarly, Chicago-based United said bookings and cancellations have started to return to normal levels.
BEIJING (AP) — China on Friday criticized Washington for imposing sanctions on Chinese companies the U.S. says exported missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in unspecified “missile technology proliferation activities." It said they were barred from U.S. markets and from obtaining technology that can be used to make weapons. “This is a typical hegemo
Twitter Inc on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs)as their profile pictures, tapping into a digital collectibles craze that has exploded over the past year. The feature, available on iOS to users of the company's Twitter Blue subscription service, connects their Twitter accounts to crypto wallets where the users store NFT holdings. Twitter displays the NFT profile pictures as hexagons, differentiating them from the standard circles available to other users.
The shakeup comes after Twitter co-founder Jack Dorsey stepped down as chief executive in November, handing the reins to top deputy Parag Agrawal, who has since reorganized the leadership structure of the social media company. Twitter did not specify whether the departures were voluntary. Peiter Zatko, a famed hacker more widely known as "Mudge," was appointed head of security in 2020 after Twitter suffered a security breach that allowed hackers to tweet from verified accounts for public figures including billionaire Bill Gates and Tesla CEO Elon Musk.
NEW YORK (AP) — A Florida man who helped Rudy Giuliani seek damaging information against Joe Biden in Ukraine was sentenced to a year and a day in prison and fined $10,000 Friday in an unrelated campaign finance case. Igor Fruman was told to report to prison March 14. He pleaded guilty in September to a single charge of solicitation of a contribution by a foreign national. As part of the plea, he admitted soliciting a million dollars from a Russian entrepreneur, Andrey Muraviev, to donate to Rep
As part of its battle against inflation and a return to more normal monetary policy, the U.S. Federal Reserve is approaching a decision to reduce its balance sheet, https://graphics.reuters.com/USA-FED/BALANCESHEET/byprjmwezpe/index.html which has roughly doubled in size during the pandemic to nearly $9 trillion. It's a huge stockpile that has been helping hold down longer-term interest rates - including the mortgage rates households worry about when they buy a home - and which influences a wide range of asset and other prices in the economy. It has been a long journey to a balance sheet that big, and it will be a long trip back to whatever level of assets the Fed decides is "normal" for it to hold.
Canadian retail sales most likely fell by 2.1% in December as authorities imposed restrictions to fight the Omicron variant of the coronavirus and retailers faced challenges, Statistics Canada predicted on Friday. Statscan also said retail sales rose 0.7% in November, which was less than the 1.2% gain forecast by analysts. Statscan also said some shoppers decided to pull forward their purchases to November to avoid shortages caused by endemic supply chain issues.
Canada Post today unveiled a special stamp to honour acclaimed Canadian jazz singer Eleanor Collins. The Edmonton-born artist began performing in concert venues and on radio in the 1940s and broke new ground in her genre by becoming a star in television's early days.
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