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Illustration of China's new maglev train reaching speeds of 373 mph, an artificial illustration.

“They’re Not Supposed to Be This Fast”: China’s Maglev Shockingly Nears Japan’s Bullet Train Speeds in High-Stakes Tech Showdown

Cs news1 year ago08 mins

IN A NUTSHELL 🚄 China’s maglev train aims to match Japan’s L0 Series, reaching speeds up to 373 mph, enhancing urban connectivity. 🤝 The project involves significant technological collaboration with Germany’s Thyssenkrupp, utilizing advanced Transrapid technology. 💼 Despite its potential, the commercial viability of maglev technology faces challenges due to high costs and weak market…

Exclusive-Amazon’s AWS cloud computing unit cuts at least hundreds of jobs, sources say

Cs news1 year ago03 mins

By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. An Amazon spokesperson confirmed it had cut jobs but did…

Cultural Affairs Bureau organises the “Macao Craft Market in the Greater Bay Area” at the Hong Kong Book Fair 2025 – Macao SAR Government Portal

Cs news1 year ago04 mins

Cultural Affairs Bureau organises the “Macao Craft Market in the Greater Bay Area” at the Hong Kong Book Fair 2025 The “Macao Craft Market in the Greater Bay Area—Hong Kong Book Fair 2025”, organised by the Cultural Affairs Bureau (IC), is held from 16 July to 22 July at the Hong Kong Convention and Exhibition…

House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion

Cs news1 year ago1 year ago07 mins

Washington — The House is expected to vote Thursday on a landmark piece of legislation to regulate cryptocurrency after its fate appeared in limbo when right-wing Republicans staged a rebellion that brought the floor to a standstill. The bill, known as the GENIUS Act, is set to become the first major crypto legislation ever passed…

China imposes restrictions on EV technology exports

Cs news1 year ago02 mins

China imposed new restrictions on the export of electric-vehicle technology, a move that will complicate efforts by Chinese battery makers to open factories in the US and Europe. Beijing had already recently moved to restrict the export of battery metals. European countries, especially, had hoped to build their domestic EV manufacturing sectors by opening their…

Paul Ellis/AFP/Getty Images via CNN NewsourceIn both opinion polls and votes

UK to lower national voting age to 16 under government proposals – LocalNews8.com

Cs news1 year ago05 mins

By Olivia Kemp and Sam Hudson CNN (CNN) — The United Kingdom could become one of the first European countries to lower the voting age to 16 in all national elections, in what the government is calling a landmark effort to “future-proof” its democracy. If passed by the parliament, the proposed reforms, unveiled Thursday, would…

Mark Zuckerberg settles lawsuit over Cambridge Analytica scandal, reports say

Cs news1 year ago1 year ago02 mins

Facebook accused of manipulating user data Mark Zuckerberg to face deposition over Cambridge Analytica 04:45 Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day after a trial began in court over an $8 billion class-action lawsuit linked to the 2018 privacy scandal involving Cambridge Analytica,…

What the China export easing means for Nvidia, AMD, and other chips stocks

Cs news1 year ago04 mins

Nvidia (NDVA) and AMD (AMD) may soon get the green light to sell AI chips to China again, potentially reviving a key growth market. The US government is reportedly considering loosening export restrictions, which could allow the tech giants to resume sales of some lower-end AI chips to China. This policy shift comes after April’s…

A new mural in France shows the Statue of Liberty covering her eyes in a swipe at Trump

Cs news1 year ago04 mins

ROUBAIX, France (AP) — As statements go, it’s a big one. A towering mural in France of the Statue of Liberty covering her eyes is racking up millions of views online with its swipe at U.S. President Donald Trump ‘s immigration and deportation policies. Amsterdam-based street artist Judith de Leeuw described her giant work in…

Hong Kong News

Hong Kong Publishers Join Independent Book Fair After Govt Block

Cs news1 year ago01 mins

More than a dozen independent Hong Kong publishers, some of whom had been barred from a government-run book fair, took part in a separate literary festival on Thursday for books primarily on social issues. The Barron’s news department was not involved in the creation of the content above. This article was produced by AFP. For…