SHANGHAI, China (AFP)- A unit of electronics manufacturing giant Foxconn soared by the maximum allowable 44 percent in its stock debut in Shanghai on Friday to become the most valuable tech company listed in mainland China. Foxconn Industrial Internet, which makes electronic devices, cloud service equipment, and industrial robots, ended the day with a market value of $61 billion after the biggest IPO in China in nearly three years. The company closed at 19.82 yuan per […]
Tag: technology
Flying car startup backed by Google founder offers test flights
SAN FRANCISCO, United States (AFP) — A flying car project backed by Google co-founder Larry Page was closer to take-off on Wednesday, with a model for test flights by aspiring buyers. Kitty Hawk, funded by Page, unveiled a “Flyer” model it described as “an exciting first step to sharing the freedom of flight.” The company was created last year in Google’s home town of Mountain View, California, and has been testing a prototype in New […]
WATCH: What you need to know about video technology in football
The video assistant referee (VAR) system is used to review goals, red cards, penalties and cases of mistaken identity. It is designed to help the referee on the pitch, and can stop the action to review controversial decisions. The world Cup begins in Moscow on June 14. (AFP Video) https://youtu.be/3PH1fTqypkM
In South Africa, a unique telescope link-up scans deep space
by Susan NJANJI Agence France-Presse SUTHERLAND, South Africa (AFP) — Scientists in South Africa on Friday launched the world’s first optical telescope linked to a radio telescope, combining “eyes and ears” to try to unravel the secrets of the universe. The device forms part of the Square Kilometre Array (SKA) project in the remote Karoo desert, which will be the world’s most powerful radio telescope system. The latest move combines the new optical telescope MeerLITCH […]
Scans reveal newsprint, second painting under Picasso
TOKYO, Japan (AFP) — Infrared imaging technology has helped peel back the layers of a Pablo Picasso painting on display in Japan, and revealed a page from a 1902 newspaper and another composition below. US and Japanese researchers scanned the piece “Mother and Child by the Sea”, owned by the Pola Museum of Art in Hakone, west of Tokyo, and uncovered a page of the French newspaper Le Journal from January 18, 1902. “While the […]
Toshiba completes $21 bn sale of chip unit
TOKYO, Japan (AFP) — Embattled conglomerate Toshiba on Friday completed the $21 billion sale of its prized chip unit to an investment consortium, a move seen as crucial to keeping the Japanese firm afloat. The deal had been delayed while Chinese regulators examined whether it could violate anti-trust laws, but they finally granted approval in mid-May. “Toshiba hereby gives notice that the closing of the sale has been completed today as scheduled,” the group said […]
EU’s new data protection rules come into effect
by Lachlan Carmichael Agence France Presse BRUSSELS, Belgium (AFP) — The European Union’s new data protection laws came into effect on Friday, with Brussels saying the changes will protect consumers from being like “people naked in an aquarium”. The EU’s so-called General Data Protection Regulation (GDPR) has been blamed for a flood of spam emails and messages in recent weeks as firms rush to request the explicit consent of users to contact them. Even […]
Look: Virtual reality gives users bird’s eye view of Paris
PARIS, France (AFP) — For a bird’s eye view of Paris on solid ground, Parisians and tourists visit FlyView, a VR experience which gives users a virtual jet-pack to soar over the French capital. https://youtu.be/acqdzJCN8KE
Russia unveils world’s first floating nuclear power station
MURMANSK, Russia (AFP) — Russia on Saturday unveiled the world’s first floating nuclear power station at a ceremony in the port of the far northern city of Murmansk where it will be loaded with nuclear fuel before heading to eastern Siberia. Built in Saint Petersburg, the Akademik Lomonosov arrived in Murmansk on Thursday where it was moored in the port and presented to the media on Saturday. Constructed by the state nuclear power firm […]
Samsung Electronics Q1 net profits up by more than half
SEOUL, South Korea (AFP) — South Korean telecoms giant Samsung Electronics saw net profits leap by more than half in the first quarter, it said Thursday, thanks to strong demand for memory chips and its latest high-end smartphone. The firm, the world’s biggest maker of memory chips and the flagship subsidiary of the sprawling Samsung group, has recovered from a series of setbacks to post record profits in recent quarters. It faced an embarrassing global […]
Bots, good or bad, dominate Twitter conversation: study
WASHINGTON, United States (AFP) — Automated accounts or “bots” play a big role in disseminating information on Twitter, accounting for two-thirds of tweets linking to popular websites, a study showed Monday. The Pew Research Center report found bots were a major source for diffusing information on news, sports, entertainment and other topics. The researchers found that of all tweeted links to popular websites, 66 percent were shared by accounts that appeared to be automated rather […]
Americans world’s biggest TV addicts watching four hours a day
by Taimaz Szirniks and Fiachra Gibbons CANNES, France (AFP) — The average person around the world spent nearly three hours a day in front their television last year, according to a report released Monday. Eurodata TV Worldwide said that television viewing was holding up despite more and more people watching online platforms like Netflix and Amazon. Americans and Canadians are the biggest TV addicts, said the report, watching four hours and three minutes on average […]





