Man Climbs Into Plane Engine, Dies

A man was discovered dead inside an airplane’s engine at the Salt Lake City International Airport in Utah, United States, on Monday night. The police said the man ran past an emergency door onto the tarmac and crawled inside the Delta Airlines jet’s engine. The incident occurred around 10 p.m. when a store manager inside the terminal reported a disturbance, claiming that a passenger was acting strangely and running outside.

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A Wardrobe of Endless Possibilities: Color-Changing Fabric Pioneers Sustainable Fashion

Using simple gestures, you could soon be able to alter the color of your clothes. Researchers have developed a stretchable, machine-washable textile embedded with a tiny camera that responds to body movements. Intelligent textiles also use artificial intelligence to recognize and display color information. The Hong Kong team behind the tech — the Laboratory for Artificial Intelligence in Design (AiDLab) — says it could help reduce waste by giving people

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Stellantis and CATL Collaborate on European Factory for Affordable EV Batteries

The deal will allow the Italian-based automaker to make cheaper batteries and more affordable electric vehicles. Europe’s carmakers are investing billions of euros to build battery plants on home turf, aiming to cut the cost of producing EVs and reduce dependency on suppliers in Asia. A key goal of Stellantis, which was formed in early 2021 through the merger of Fiat Chrysler and Peugeot maker PSA Group, is to shift

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Baidu’s ChatGPT-Like Ernie Bot Now Available for Paid Subscription

Chinese search engine giant Baidu launched on Wednesday a paid version of its ChatGPT like Ernie bot, charging 59.9 yuan ($8.18) per month. The new version of the AI-powered chatbot is capable of generating pictures, writing text, and handling basic arithmetic, the company said in a statement. It can also understand a broader range of questions than the free version, which was released two weeks ago. In a pre-recorded demonstration,

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Foxconn tax probe seen as political pressure on Taiwan

China’s government is investigating mainland bases of Taiwanese contract manufacturer Foxconn (2317. TW), a major supplier of Apple’s (AAPL.O) iPhones, for tax and other compliance reasons, two sources close to the company confirmed on Monday. The investigation, first reported on Sunday by the Communist Party-affiliated Global Times tabloid, said some of Foxconn’s key subsidiaries in China were the subject of tax audits and that the country’s natural resources department had

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Netflix Eyes Price Hike After Password Sharing Crackdown Boosts Subscribers

A crackdown on password-sharing likely boosted Netflix subscribers by about 6 million in the third quarter, and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday. JPMorgan analyst Doug Anmuth estimated that the move would convert about 33 million households sharing accounts into paying customers by the end of 2025. Still, he also said that many new subscribers are taking its

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Potential Tech Sector Disruptions in Israel Following Hamas Attacks

Tech companies operating in Israel are expected to fortify security as they could face disruptions, said investors and analysts, after Hamas gunmen from Gaza killed hundreds of Israelis and abducted an unknown number of others. The attacks have prompted a broad public outcry against Israeli Prime Minister Benjamin Netanyahu’s government, with some of the country’s top technology executives criticizing policies that could drive away investors and decimate the burgeoning industry.

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Evergrande’s Debt Crisis Weighs on China Property Investors’ Sentiment

Evergrande’s latest trouble in firming up a long-awaited debt restructuring plan led to a sell-off in its and peers’ shares on Monday, as worries resurfaced about the crisis-hit property sector after a brief respite. The world’s most indebted property developer, which has become the poster child of China’s property crisis, is trying to get its creditors’ approval for a debt revamp involving swapping their offshore bonds into new securities with

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OnePlus Officially Enters the Foldable Phone Market with the OnePlus Open

The foldable smartphone market has been in the works for quite some time now, and with Samsung stagnating and Google overpriced, a few new players are looking to enter the scene. Among them is Chinese manufacturer OnePlus, which has been teasing its entry into the category for some time now. The company might be ready to take the wraps off its OnePlus Open foldable at an event later this week.

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Volvo Goes All-Electric, Ending Diesel Car Production by 2024

The world is moving towards electric cars, and Volvo will be one of the first legacy car makers to switch to EVs entirely. The Swedish company, currently owned by China’s Geely (0175. HK), announced that it will stop producing diesel cars in its global range by early 2024. This is a clear signal that the company is becoming an all-electric carmaker. The move is expected to be a boon for

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Musk: Zuckerberg ‘Ducking’ My Challenge to Fight

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Dollar’s Strength Could Cause Turbulence in Global Markets

Global business splutters, and the pound slides to a record low against the dollar, while Russia’s invasion of Ukraine sends the dollar surging anew. It’s a powerful reminder that the U.S. dollar is the dominant world trade and finance currency. The Fed’s determination to crush inflation at home by pushing interest rates up will profoundly affect the rest of the world. The dollar’s surge this year has triggered financial crises

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Google’s AI Image Detection Tool Aims to Combat Deepfakes and Other Malicious Uses

The world is awash in images, but some are not real. Fake photos have been used to smear people’s reputations and even to blackmail them. This has led to cyber criminals creating a lot of misinformation online, which is also being used by governments for surveillance purposes. To combat this issue, Google has been working on a solution, and now it has launched a new tool to help spot AI-generated

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Dollar Treads Water as Fed’s Rate Hike Outlook Takes Center Stage

The dollar wobbled from a 12-week peak as traders weighed the U.S. monetary path after a lackluster set of jobs data sparked concerns about the pace of interest rate hikes. Treasuries rose, and the dollar weakened against the euro and the yen. Investors were also digesting a speech by Fed Chair Jerome Powell at the annual Jackson Hole Economic Policy Symposium. In an eagerly awaited speech, Powell left open the

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US NHTSA to Announce Findings of Tesla Autopilot Probe Soon

The National Highway Traffic Safety Administration (NHTSA) will resolve its two-year investigation into Tesla’s Autopilot and could make a public announcement soon, the agency’s acting head told Reuters. “We’ll get to a resolution,” Ann Carlson said in an interview at the agency’s headquarters. The NHTSA is probing how drivers interact with Autopilot and whether the system adequately monitors them to ensure they pay attention. The agency is also considering whether

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Elon Musk Says He Looks Forward to Visiting India Soon

The founder of SpaceX and the owner of Twitter, Elon Musk, has made it clear that he wants to bring his company’s electric vehicles to India. The billionaire said he enjoys Prime Minister Narendra Modi and wants to visit the country next year. He also hopes to bring his Starlink internet services to rural and remote Indian villages. A photoshopped image of Elon Musk in Indian attire went viral on

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Vivo V29e Unveiled: A Stylish Mid-Range Phone with Powerful Cameras

Vivo will soon launch the Vivo V29e in India — its camera-focused mid-premium offering. The company has already teased the phone’s design, showing a slim smartphone design with a curved display. Moreover, the company also revealed that the Vivo V29e would feature color-changing technology on its back panel, which is touted to transition rich hues to more captivating glamour. The smartphone will be available in Artistic Red and Artistic Blue

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Arrow 3 Missile System to Protect Germany from Ballistic Missiles

The United States approved a $3.5 billion sale of Israel’s Arrow 3 missile killer to Germany on Thursday, clearing the way for delivery in 2025 and full operational deployment by 2030, Israeli officials said. The Arrow system is a long-range air defense system that intercepts missiles inside and outside the Earth’s atmosphere and is developed jointly by the Israel Missile Defence Organisation and the United States Missile Defense Agency. Israel’s

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Fusion Ignition Achieved for 2nd Time in US

In a milestone that would have been impossible to imagine just a few years ago, scientists at the Lawrence Livermore National Laboratory have repeated their first-ever achievement of net energy gain in a nuclear fusion experiment. This is a huge step toward achieving what could be a nearly limitless, clean source of power for the world. The researchers achieved the feat in an experiment conducted on July 30 at the

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Barbie Movie Surpasses $1 Billion, Shattering Records for Female Directors

Greta Gerwig’s Barbie Crosses $1 Billion At Box Office Record For Solo Woman Director. The movie based on the famous doll has raked in more than a billion dollars at the global box office, making it only the second picture to hit that mark this year. It also makes it the first film directed by a single woman to reach that milestone, surpassing the previous record set by Wonder Woman

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JPMorgan Chase Stops Processing Its Grain Payments to Russia

U.S. bank JPMorgan (JPM.N) this week stopped processing payments for the Russian Agricultural Bank, Russia said on Friday, as it demanded action, not promises, from Washington to help Russian grain and fertilizer reach global markets. The bank had handled some Russian grain export payments for the past few months with reassurances from Washington. However, that cooperation was “closed on Aug 2,” the Foreign Ministry said. “JPMorgan cannot ignore the consequences

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Yeezy Helps Adidas Turn a Corner as Margins Improve

Adidas delivered further signs that its turnaround is gathering pace on Thursday as the sportswear giant sought to shift focus onto its strategy and away from its sell-down of remaining Yeezy shoes. The German company said it would slash its operating loss forecast to around EUR700 million this year, down from the previous estimate of a EUR1.2 billion loss. Adidas shares, up 1.8% by 1000 GMT, have gained 40% since

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