Deep learning algorithm can solve a Rubik’s Cube faster than most humans
Researchers at the University of California, Irvine, created an artificial intelligence system that can solve a Rubik's Cube faster than most humans, according to...
China’s economy grows at slowest pace in 27 years
The Chinese economy expanded at its slowest pace in 27 years in the second quarter of 2019.
According to data released by the Chinese government,...
Huawei reportedly planning on axing hundreds of jobs at its US operations
Chinese tech giant Huawei is reportedly planning on axing hundreds of jobs at its US operations.
People familiar with the matter told the WSJ that...
Automated system generates actuators that no human can do by hand
Researchers designed an automated system using 3-D prints that generates robotic parts for novel tasks. The parts, called actuators, are optimized according to a...
Facebook facing $5bn fine by regulators
Facebook will probably have to pay a $5bn fine to settle a probe into data privacy violations. The FTC has approved the amount. FTC...
Thomas Cook Group in £750m rescue deal talks with Fosun and banks
Thomas Cook Group plc announced that it is in discussions with Fosun Tourism Group, its largest shareholder, and core lenders regarding a significant new...
Industrial production grew 0.9% in euro area in May
Industrial production increased by 0.9% in the euro area in May 2019 compared to the previous month, according to an estimate from Eurostat. Eurostat...
France approves ‘digital tax’ on the revenues of multinational tech giants
France has approved a 3% tax on the French revenues of multinational tech giants, such as Amazon , Facebook and Google.
The French senate approved...
UK economy grew 0.3% in May
The UK economy grew 0.3% in May after declining 0.4% in April, according to the Office for National Statistics (ONS).
All sectors in the economy...
Deutsche Bank to axe 18,000 jobs worldwide
Deutsche Bank plans to axe 18,000 jobs worldwide over the next three years as part of a radical restructuring plan.
The move, which will see...